Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. Dollar. Srinivasan paid a total of $1.5 Million, more than the initially

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. Zur selben Zeit, the cycle with the highest hikes may soon be over, the officials indicated. End of

‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’

Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signaturbank, Credit Suisse and others as thePanic of 2023,drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable

Bitcoin Millionaire Tim Draper Advises Startups to Keep Bitcoin as a Hedge Against a ‘Domino’ Run on the Banks

Tim Draper, a venture capitalist and bitcoin millionaire, has included bitcoin as part of a series of cash management recommendations offered to startup founders. Draper recommended having at least two payrolls worth of cash in bitcoin or other cryptocurrencies to avoid

Analysten vermuten, dass die Bankenkrise den „Ruhenden Bullenmarkt“ beim Gold ausgelöst hat, Silber könnte viel höhere Gewinne erzielen

Zu Beginn der Woche, eine Feinunze .999 Feingold wurde bei gehandelt $1,813 pro Einheit. Sieben Tage später, goldene Rose 9.65% gegen die USA. Dollar zum aktuellen Spotpreis von $1,988 pro Unze. Gold’Der Aufstieg kommt…

Argentine Peso Loses Almost 12% Against the Greenback During January; Inflation Projected to Rise Sharply

The Argentine peso has fallen consistently against the U.S. dollar this month, losing almost 12% since Jan. 1. The behavior of the exchange rate for the informalbluedollar keeps bringing concerns about a possible escalade in inflation rates, that are

World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’

Es ist Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. According to the report, 2023 growth forecasts have been cut across the board, mit…

Former Fed Chair Alan Greenspan: Crypto Is Too Dependent on ‘Greater Fool Theory’ to Be a Desirable Investment

Former Federal Reserve Chairman Alan Greenspan says crypto istoo dependent on the ‘greater fool theoryto be a desirable investment.” jedoch, he noted that the collapse of crypto exchange FTX waspurely fraud,” rather than the result of a feature

Peter Schiff rät, Bitcoin heute zu verkaufen – sagt, es sei „der kluge Schachzug“

Gold bug and economist Peter Schiff has recommended selling bitcoin today, emphasizing that it isthe smart move.Many people disagreed with Schiffs analysis of the price of the cryptocurrency, warning that he is telling investors to sell at the bottom….

US-Senator: Cryptocurrency Cannot Be Stopped, FTX Collapse Isn’t an Indictment of Crypto

UNS. Senator Pat Toomey says illegal actions by crypto exchange FTX must be separatedfrom perfectly lawful and innovative cryptocurrencies.Emphasizing thatThe collapse of FTX is not an indictment of crypto,” he noted thatcryptocurrency cannot be stopped” und “einschließlich des Erwerbs von Bitcoin oder Bitcoin-Mining-Maschinen.…