Posts published on April 25, 2023 go to media archive 1/4

ECB President Lagarde on De-Dollarization: Reserve Currency Status Should No Longer Be Taken for Granted

European Central Bank (ECB) President Christine Lagarde has warned that the U.S. dollar’s reserve currency status “should no longer be taken for granted.” Acknowledging de-dollarization efforts by various countries, she stressed…

Hillary Clinton Warns of ‘Worldwide Financial Meltdown’ and Dollar Losing Reserve Currency Status if US Defaults on Its Debt

Former U.S. Secretary of State Hillary Clinton has warned that the U.S. defaulting on its debt obligations could lead to a global financial meltdown. “If Congress keeps flirting with default, calls for dethroning the dollar as the world’s reserve…

Economist Peter Schiff Warns US Will Default on Its Debt — Raising Debt Ceiling Will Make Problem Worse

Economist Peter Schiff has warned that the U.S. will default on its debt obligations. He further stressed: “All the bad stuff that they’re saying is going to happen if we don’t raise the debt ceiling is guaranteed to happen because we do raise the

Economist Warns of ‘Catastrophic’ Fall in American Living Standard — Elon Musk Weighs in on De-Dollarization, US Dollar Weaponization

Economist Peter St Onge has warned that U.S. dollar weaponization will lead to “soaring inflation, a catastrophic fallen American standard of living, and a U.S. that falls off the world stage.” Commenting on the economist’s warnings…

Binance US Pulls the Plug: Voyager Purchase Deal Falls Through

According to the now-defunct crypto lender Voyager, Binance US sent a letter to the company “terminating the asset purchase agreement.” While the announcement was “disappointing” for Voyager, the firm maintained that its…

Central Banks Reduce US Dollar Swap Lines to Weekly Auctions Amid Moody’s US Banking Sector Downgrade

After the tumultuous downfall of three major banks, namely Silvergate Bank, Silicon Valley Bank, and Signature Bank, several central banks made a collaborative announcement of a swift, coordinated emergency response. The intervention aimed to…

Amboss Raises $4 Million In Seed Funding For Lightning Network Products, AI Research

The company plans to use the funding to further its AI research and product development for Lightning tools.Amboss Technologies, a data analytics firm focused on the Bitcoin Lightning Network, has raised $4 million in seed funding from Stillmark…

Banking Crisis Redux: Bitcoin Priced In First Republic Bank Shares Rockets Higher

Bitcoin rallied earlier this year on the back of some of the biggest bank runs in decades. The banking sector crisis could be making a comeback, according to a second-leg up in BTC priced in First Republic Bank shares. Take a look below. Bitcoin…

Jack Dorsey’s Bitcoin Legal Defense Fund Prepares For Case That Could Have Wide Ramifications For Open-Source Developers

A court case initiated by Craig Wright against 13 Bitcoin Core developers could change the way the law views open-source development.The Bitcoin Legal Defense Fund, a non-profit organization co-founded by Jack Dorsey, Alex Morcos and Martin White…