Posts published on August 17, 2024 go to media archive 1/2

Robert Kiyosaki Advises Preparing for Crash Landing — Says ‘Time to Save Yourself’

Rich Dad Poor Dad author Robert Kiyosaki has explained why he is preparing for a crash landing. He criticized U.S. leadership, including Vice President Kamala Harris, Treasury Secretary Janet Yellen, and Fed Chairman Jerome Powell, calling them…

Peter Schiff Urges the Fed to Raise Rates and Let Markets Crash

Economist and gold advocate Peter Schiff has recommended that the Federal Reserve raise interest rates instead of cutting them, even if it leads to a market crash. He acknowledged that this approach would likely cause stocks and real estate to…

Milton Friedman on Inflation: A Government-Made Disaster 

Inflation is not a natural phenomenon but a consequence of government actions. Milton Friedman famously argued that only the government can create inflation, and misguided policies, like price controls, worsen the problem. Friedman Famously Said…

JPMorgan Prepares Investors for September Rate Cut With Dual Investment Approach

Favorable economic data this week bolstered market confidence, leading to a strong rally in equities, JPMorgan explained in a report published on Friday. With the Federal Reserve now likely to cut interest rates in September, the global investment…

Bitcoin Miner Bitdeer Unveils $150M Convertible Notes Offering With 8.5% Yield

Bitdeer Technologies Group has set the stage for a $150 million convertible notes offering, featuring an annual interest rate of 8.5%. The deal is scheduled to wrap up on Aug. 20, 2024. This move aligns with a broader trend in the bitcoin mining…

Eric Trump Interview Teases ‘Digital Real Estate’ Crypto Venture

Eric Trump, son of former President Donald Trump, recently shed some light on the mysterious crypto project that he and his brother, Donald Trump Jr., have been hinting at. In an exclusive interview with the New York Post, Trump revealed that the…

Gold’s Bull Run Inspires Bitcoin Forecasts: Insights From Fred Krueger and Jack Mallers

Gold has been on an impressive streak in recent times, hinting at underlying economic worries, according to bitcoin proponent Fred Krueger’s latest analysis. He speculates that bitcoin might soon follow a similar trajectory, fueled by…

Holonym Foundation Emerges With $5.5 Million Seed Funding to Provide Global Digital Personhood With Human Keys

PRESS RELEASE. 17th August, 2024: Holonym Foundation, an organization building the next generation of digital identity security for the decentralized web, is announcing the completion of a successful $5.5 million seed funding round. The funding…

Microstrategy’s Bitcoin Holdings Catch Up to Theoretical Ether Profits Without Staking

After Michael Saylor, Microstrategy’s executive chairman, disclosed that the company now holds 226,500 BTC valued at $13.4 billion, it turns out the firm’s bitcoin (BTC) holdings have gained 61% profit. Interestingly, while…

This Week’s NFT Sales Slump 11.66%—Will the Downtrend Turn Around?

In the past week, non-fungible token (NFT) sales have dipped by 11.66%, totaling $81.7 million. Despite this decrease, there’s been a significant uptick in market activity: the number of NFT buyers has skyrocketed by 172.98%, while NFT…

Pandemic Fears Ignite as Mpox Outbreak Leads to High-Stakes Betting on Polymarket

Recently, Dr. Tedros Adhanom Ghebreyesus, the Director-General of the World Health Organization (WHO), officially declared that the Mpox outbreak, commonly known as monkeypox, is now a public health emergency of international concern. Following…

IMF Economists Suggest Electricity Tax to Lower Crypto and AI Environmental Impact

International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which are projected to increase global electricity consumption to 3.5% by 2027, leading to higher carbon emissions. Proposing…