[Sep 16, 2024 3:30 AM] Former Commerce Secretary Wilbur Ross has warned of an impending U.S. recession due to the lingering effects of pandemic-related stimulus. While Wall Street maintains a more optimistic outlook, citing strong GDP and low unemployment, Ross argues…
[Sep 16, 2024 12:30 AM] JPMorgan Chase CEO Jamie Dimon has raised concerns about stagflation despite signs of easing inflation. Dimon highlighted ongoing risks such as rising deficits and government spending that could pressure inflation. The JPMorgan executive warned…
[Sep 5, 2024 5:59 PM] Donald Trump reiterated his promise to make the U.S. the crypto capital of the world if re-elected president during public remarks Thursday
[Sep 2, 2024 1:30 AM] The Russian economy has experienced substantial growth across various sectors, with unemployment rates remaining historically low, despite ongoing Western sanctions related to the Ukraine conflict. Industrial production, driven by military…
[Aug 12, 2024 6:40 PM] Worsening US macroeconomic data and some slight changes in the Bitcoin options market could be signs that BTC’s price weakness is set to intensify.
[Aug 11, 2024 12:30 AM] Elon Musk, CEO of Tesla and Spacex, has expressed his view that inflation is primarily driven by government overspending, which he emphasized as “the vast majority of the problem.” He also noted that excessive regulation worsens the…
[Aug 6, 2024 4:55 PM] Bitcoin fell to a low of approximately $49,000 following market turmoil brought on by the Bank of Japan’s rate hike and the Federal Reserve’s inaction.
[Aug 5, 2024 5:13 PM] Over the weekend, more than $1 billion in futures positions were liquidated from the crypto markets as fears of a looming recession intensified.
[Jul 31, 2024 9:28 AM] The yen’s popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said.
[Jul 29, 2024 9:30 PM] BTC price rallied as an improved regulatory outlook in the US and a series of improvements in the Bitcoin ecosystem altered investor expectations.
[Jul 24, 2024 8:30 PM] New research by Affirm reveals three in five Americans believe the U.S. is in a recession, though it’s not officially declared. A survey of 2,000 people shows inflation and rising living costs (68%) as the main reasons for this belief…
[Jul 22, 2024 9:30 PM] India supports the idea of an independent BRICS payments system but stresses the importance of a cautious and systematic approach. According to Ash Narain Roy, Director of India’s Institute of Social Sciences, thorough discussions among all…
[Jul 22, 2024 7:10 AM] Capamad spokesperson Jimmy Kim claims that the electricity price increase set for Aug. 1 may force 70% of legal crypto miners out of business.
[Jul 10, 2024 7:46 AM] The central bank has been experimenting with multiparty computation, which could support the entire European economy in the future.
[Jul 5, 2024 12:04 PM] In a recent editorial, economist Peter St Onge explores the potential of a hidden economic recession, suggesting that official figures might not reveal the full extent of the decline. St Onge raises concerns about the accuracy of U.S. inflation…
[Jul 5, 2024 6:37 AM] Before this morning's jobs report, market participants put nearly 70% probability of lower rates in September, according to the CME FedWatch Tool.
[Jul 1, 2024 11:34 PM] The Bank for International Settlements (BIS) Annual Economic Report 2024, published on June 30, highlights the significant risks posed by rising public debt levels across both advanced and emerging market economies. The report stresses that without…
[Jun 27, 2024 9:27 PM] Joe Biden and Donald Trump didn’t discuss crypto in their first head-to-head debate even as the industry raised a multibillion-dollar war chest to influence the elections.
[Jun 19, 2024 2:43 AM] The percentage of credit card loans outstanding for over 90 days has increased to the highest since 2012, a signal that speculative activity may ease off.
[Jun 7, 2024 7:23 AM] Stronger-than-expected employment data could put more downward pressure on Bitcoin price. Are ETF inflows enough to get a weekly BTC close above $70,000?
[Jun 2, 2024 3:33 AM] Nigeria's young resident population now feels more bewilderment due to the administration’s recent actions against Nigeria’s crypto industry.
[May 18, 2024 1:50 PM] According to records, China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some analysts suggest this reduction in foreign exchange reserves might be China’s strategic move to leverage its…
[Apr 28, 2024 8:22 AM] This week, the Japanese yen plummeted to its lowest point since 1990 against the U.S. dollar, weighed down by Japan’s monetary policy and uncertain economic indicators from the United States. Japanese Yen’s Rapid Decline Triggers Talk…
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