Search Results for: international markets

Perspectivas de América Latina: Bolivia considera yuan chino para acuerdos comerciales, Steve Hanke propone una solución de 30 días para la inflación venezolana

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Bienvenido a Latam Insights, un compendio de las noticias criptográficas y de desarrollo económico más relevantes de América Latina durante la última semana. En este asunto, Bolivia analiza usar el yuan chino en acuerdos comerciales internacionales, la inflación alcanza 108.8% en Argentina, y…

Grandes granjas de criptominería enfriadas por inmersión para extraer Bitcoin en el desierto de Medio Oriente

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A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (Emiratos Árabes Unidos). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders air-cooled mining…

Digital Assets for 1 Billion Rubles Issued in Russia in a Month

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Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional…

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

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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. dólar. Srinivasan paid a total of $1.5 millón, more than the initially…

Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’

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Russian Foreign Minister Sergey Lavrov has spoken on the current shift to national currencies and the de-dollarization international markets are currently experiencing. In a press conference after addressing the UN Security Council on April 25, Lavrov stated this shift could not…

Jeffrey Tucker Says Dollar Will Be Dethroned, Russian Official Speaks on De-Dollarization, and a Look at Historic Fractional Reserve Banking in Italy — Week in Review

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Bitcoin proponents eyeing fiat failures are in no shortage of news on the topic as of late, as multiple officials, economists, authors, and analysts from around the world have been weighing in on “desdolarización” in a prolific fashion. Author and libertarian…

China Warns of Global Financial Instability From US Economic Policies

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China has urged the U.S. and other developed nations to assess the spillover effects of their economic and financial policies. “The economic and financial policies of the U.S. pose the biggest challenge to global financial stability,” according to the Chinese Ministry…

Gold Slides on Higher US Treasury Yields, Dólar

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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…

Lagarde, presidenta del BCE, advierte sobre un “gran desastre” si Estados Unidos incumple sus obligaciones de deuda

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Últimamente se habla mucho sobre Estados Unidos.. El techo de deuda del gobierno y si el Congreso actuará antes de incumplir el default.. En una entrevista reciente, Cristina Lagarde, el presidente del banco central europeo (BCE), dijo que confía en que EE.UU.. poder…