[Jan 18, 2024 5:00 PM] Ark Invest has transitioned $15.9 million from the Proshares Bitcoin Strategy ETF to its in-house Ark 21shares Spot Bitcoin ETF. Cathie Wood’s Ark Invest Redirects Millions to In-house Bitcoin ETF Ark Invest, led by fund manager Cathie Wood…
[Jan 18, 2024 7:30 AM] Javier Milei, the president of Argentina, blasted what he perceives to be the advance of collectivist ideas in Western society at the World Economic Forum (WEF) 2024 annual meeting at Davos, warning about the dangers these represent for the quality…
[Jan 15, 2024 4:30 AM] According to Mike Novogratz, the United States’ control of the seas enables it to maintain the dollar’s reserve currency status. Novogratz suggested that the U.S. and United Kingdom’s joint strikes on Yemen were necessary because…
[Jan 14, 2024 8:30 PM] Rich Dad Poor Dad author Robert Kiyosaki has expressed concerns about the rapid rise in the U.S. national debt, which ballooned by a trillion dollars over a short period. The famous author then urged investors to buy bitcoin alongside gold and…
[Jan 12, 2024 12:30 PM] In three days, the World Economic Forum (WEF) Annual Meeting will convene on Jan. 15-19, and much of the world’s elite will be in Davos for the event. Before the meeting, the WEF published the 19th annual edition of the Global Risks Report, which…
[Jan 10, 2024 2:00 AM] Chamath Palihapitiya, venture capitalist and CEO of Social Capital, explained that 2024 will be the year for bitcoin to “cross the chasm” and become a mainstream asset. Palihapitiya believes that the approval of an upcoming slew of spot…
[Jan 8, 2024 3:30 PM] Krishan Gopaul, senior analyst of the World Gold Council, revealed that central banks kept adding gold to their reserves during November. According to public records and reports from the International Monetary Fund (IMF), central banks added 44t of…
[Jan 8, 2024 12:30 PM] This year, mirroring last year’s speculation, market observers are keenly awaiting decisions from the U.S. Federal Reserve concerning the federal funds rate, with a particular focus on potential rate cuts this year. Ellen Zentner, Morgan…
[Jan 8, 2024 12:30 AM] Janet Yellen, U.S. Treasury Secretary and former Chairman of the U.S. Federal Reserve, believes that the recent improvements in the American economy show that the country has achieved a soft landing. For Yellen, the recent low figures of inflation…
[Jan 7, 2024 10:30 AM] On Jan. 4, 2024, Florida Governor and presidential candidate Ron DeSantis articulated his desire to abolish the U.S. Internal Revenue Service (IRS). He advocated for the adoption of a uniform rate flat tax for all U.S. residents. DeSantis declared…
[Jan 3, 2024 9:30 PM] Rich Dad Poor Dad author Robert Kiyosaki has warned that our leaders will drive the U.S. economy into an economic depression and a war. The famous author has reiterated his recommendation to buy bitcoin amid high anticipation of the U.S. Securities…
[Jan 3, 2024 6:30 AM] The president of the European Central Bank Christine Lagarde and fellow European Union leaders recently hailed the euro for its role in giving the bloc “greater sovereignty in a turbulent world.” The EU leaders added, however, that more…
[Jan 3, 2024 4:30 AM] On Jan. 1 Turkey ended its two-year-old foreign exchange (FX)—protected deposit program in what is seen as another step towards a return to orthodoxy. Treasury and Finance Minister, Mehmet Simsek also signaled the start of what he called a…
[Jan 2, 2024 2:00 PM] The economic forecast for 2024 has undergone significant shifts, with lawmakers and the U.S. Federal Reserve anticipating a “soft landing” for the year. The prevailing belief is that while the economy will decelerate in 2024, the…
[Jan 1, 2024 7:00 PM] Former U.S. President Donald Trump has warned that the U.S. could face a stock market crash worse than that of 1929 and a Great Depression if he doesn’t win the upcoming presidential election. He stressed that the U.S. economy is…
[Dec 29, 2023 3:00 PM] Argentina’s President Javier Milei has sent a massive new bill to Congress to adopt a scheme of regulations to advance his goal of modernizing the Argentine state. If approved, the bill would allow Milei to legislate by executive order on…
[Dec 29, 2023 12:30 AM] Economist Stephanie Pomboy has warned that the “demise of the U.S. hegemony is really upon us,” emphasizing that the Biden administration and many U.S. policymakers in Washington “are just sleeping right through it.” She…
[Dec 28, 2023 8:30 PM] Economist Peter Schiff has shared some predictions for 2024. “The big surprise in 2024 will not only be that the economy crashes into recession, but that high inflation returns with a vengeance,” he described. The technicals are…
[Dec 28, 2023 4:30 AM] The Indian Oil Ministry recently acknowledged that the country’s push to pay for oil with rupees has failed because suppliers are not sure if they will be able to repatriate their funds. The decision is intended to help diminish India’s…
[Dec 28, 2023 12:30 AM] The U.S. economy experienced an interesting year in 2023, marked by unprecedented upheaval within the American banking sector due to the combined collapse of three major banks, the largest the nation has historically seen. Amidst this chaos, crypto…
[Dec 27, 2023 4:30 PM] In a recent statement by Sergey Lavrov, Russia’s Foreign Affairs Minister, he noted that the BRICS bloc is set to expand in 2024 with new members including the United Arab Emirates (UAE), Iran, and Saudi Arabia. He revealed that approximately…
[Dec 27, 2023 1:30 AM] 2023 proved to be an extraordinary year for bitcoin and the broader crypto economy, surging significantly in value once the dust settled from the FTX debacle and as major players such as Blackrock and Franklin Templeton lodged applications for spot…
[Dec 22, 2023 1:00 PM] Javier Milei, president of Argentina, has issued an emergency executive order repealing a series of laws to prepare the state for upcoming privatization and modernization moves. The executive order, which has 366 articles, touches on major aspects…
[Dec 21, 2023 2:00 PM] In a recent interview with Fox News, renowned economist Harry Dent issued a dire prediction for the global economy, forecasting 2024 to be the year of the most significant financial crash in living memory. Citing a combination of overvalued…
[Dec 19, 2023 3:30 AM] Experts highlight the critical need for China to learn from Japan’s prolonged economic stagnation, emphasizing the urgency to transition from manufacturing and investment reliance to boosting domestic consumption. Similarities to…
[Dec 14, 2023 5:00 PM] U.S. Treasury Secretary Janet Yellen believes that inflation has come down meaningfully but there’s still further to go for the Federal Reserve to achieve its 2% inflation target. She noted that the central bank has two risks to manage…
[Dec 14, 2023 12:30 AM] The Federal Reserve’s most recent session of the Federal Open Market Committee (FOMC) wrapped up, leaving interest rates as they were. The market, expecting rate reductions in 2024 and influenced by Fed Chair Jerome Powell’s dovish…
[Dec 12, 2023 9:30 PM] The International Monetary Fund (IMF)’s first deputy managing director has warned of the risk of Cold War II. Noting that in the Cold War, it was the U.S. and the Soviet Union, the IMF official stressed that now it is the U.S. and China…
[Dec 12, 2023 12:30 PM] In November, the U.S. Consumer Price Index (CPI), a principal measure of inflation, registered a modest rise of 0.1%, maintaining a consistent annual increase of 3.1%. This minor growth in prices reflects subtle economic shifts, with energy costs…
[Dec 11, 2023 8:00 PM] Rich Dad Poor Dad author Robert Kiyosaki has warned that the biggest crash in history may be starting. Emphasizing that the U.S. banking system is bankrupt, he warned that the S&P 500 will be next to collapse, which will “toast…
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