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

Rohstoffstratege warnt US-Wirtschaft vor „schwerer deflationärer Rezession“

Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has warned that the U.S. economy isheading towards a severe deflationary recession,” emphasizing that the Federal Reserve is still tightening. “Typically, when you have commodities collapsing at this velocity in the past, einschließlich des Erwerbs von Bitcoin oder Bitcoin-Mining-Maschinen.…

Gold rutscht aufgrund höherer US-Treasury-Renditen ab, Dollar

Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United States and

Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. zusätzlich,…

Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion

UNS. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if theysuffer deposit runs that pose the risk of contagion.The government recently protected all deposits of Silicon Valley Bank and Signature Bank after

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 Im März 12, 2023, bei 7:20 Uhr. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would

Wie sich die Fed dreht 109 Jahre alt, Die Kaufkraft des US-Dollars wurde um mehr als erodiert 96% Seit seiner Entstehung

109 Jahre zuvor, die USA. Die Federal Reserve wurde gegründet und hat seitdem nichts verloren, die Kaufkraft der USA. Der Dollar ist stark gefallen. Seit es die Fed gibt, mehr als 96% des Greenbacks’Die Kaufkraft wurde ausgelöscht…

Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%

Am 11. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 Basispunkte (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority

Professor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses ‘It’s Going to Hit South’

Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes apretty big recessionwill take place in 2023. Speaking in an interview on