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Former Commerce Secretary Warns US Headed for Recession

[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…

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

[Aug 17, 2024 1:05 PM] 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…

Market Panic: Bitwise CIO Reflects on Bitcoin’s Resilience Amid Market Turmoil

[Aug 5, 2024 11:30 PM] The chief investment officer at asset management firm Bitwise has addressed the current market downturn, drawing parallels with the market crash on March 12, 2020, when the Covid-19 pandemic caused global panic. “People smash the sell button…

Vitalik Buterin: AI may surpass humans as the 'apex species'

[Nov 27, 2023 10:24 PM] “Even Mars may not be safe” if superintelligent AI turns against humanity, warns Ethereum co-founder Vitalik Buterin.

Costo sells out of gold bars, but is it a better investment than Bitcoin?

[Sep 29, 2023 11:45 AM] Gold bars recently sold out at Costco, reflecting investors’ souring mood about the economy. Is there a silver lining for Bitcoin?

Vitalik Buterin and Polygon co-founder to help send $100M toward COVID-19 research

[Jun 8, 2023 7:45 PM] Research into “Long COVID” and furthering medical infrastructure development will be the two main focus areas for Buterin.

Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm

[Apr 29, 2023 2:00 PM] This week, the Statistics Bureau of Japan unveiled the latest core consumer price index (CPI) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the end of the…

China’s Inflation Rate Drops to Lowest in 18 Months

[Apr 11, 2023 4:00 PM] The annual inflation rate in China has unexpectedly slowed down in March to its lowest level in a year and a half, the latest statistical data indicates. On a monthly basis, consumer prices decreased for a second consecutive month, despite…

Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations

[Mar 29, 2023 2:00 PM] On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the…

White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week

[Mar 21, 2023 7:39 AM] With the Federal Open Market Committee convening on Wednesday and the recent financial troubles facing the U.S. banking system, White House press secretary Karine Jean-Pierre said President Joe Biden has “confidence” in Federal Reserve…

Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains

[Mar 18, 2023 12:30 PM] At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 per unit. Seven days later, gold rose 9.65% against the U.S. dollar to the current spot price of $1,988 per ounce. Gold’s rise comes at a time when confidence in…

Top 3 Macroeconomic Events to Watch in 2023 Amid Volatile Market Conditions

[Jan 1, 2022 1:00 PM] 2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop remains uncertain. Macroeconomic events will continue to shape the crypto economy and the economy as a whole. This editorial takes a look at the top…

SBF met with Biden's senior advisors 2 months before FTX collapse: Report

[Dec 29, 2022 11:15 PM] The FTX founder met with senior White House officials at least four times in 2022.