Mike Novogratz Warns of Credit Crunch in US and Globally — Expects Fed to Cut Rates ‘Sooner Than We Think’

Galaxy Digital CEO Mike Novogratz has warned of a credit crunch in the U.S. and globally. Emphasizing thatwe are heading into a recession,” he expects the Federal Reserve to cut interest ratessooner than we think.Novogratz on Global Credit

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

At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 por unidad. Seven days later, gold rose 9.65% contra los estados unidos. dollar to the current spot price of $1,988 per ounce. Golds rise comes

Bitcoin, Análisis técnico de Ethereum: ETH Moves Above $1,800 as BTC Nears $28,000

Ethereum rose above $1,800 for the first time since August, as markets continued to react to the Feds decision to inject $300 billion into the economy. This comes following the recent banking crisis, which saw the likes of Silicon Valley Bank

Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners

The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share

‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change

At around 7:30 soy. hora del Este, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 por unidad. Precious metals, or PMs, like gold and silver, also rose between 1.98% y 2.12% contra los estados unidos. dollar over the

Bitcoin, Análisis técnico de Ethereum: BTC Hits $27,000, Securing Fresh 9-Month High

Bitcoin moved to a fresh nine-month high on Friday, as prices moved above the $27,000 level. The surge comes following the U.S. Reserva Federal’s decision to backstop embattled banks to a record tune of $152.9 mil millones. Ethereum was also in the

Michael Burry Compares Current Banking Turmoil to Panic of 1907 — Highlights Markets Bottoming

Michael Burry, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between the current banking turmoil and the Panic of 1907. He noted that three weeks after J.P. Morgan made a stand, the panic was resolved

Los datos de inflación de EE.UU. alivian las preocupaciones; Saltos de la criptoeconomía 11% Más alto mientras los analistas del mercado anticipan la próxima decisión de la Fed

Los Estados Unidos. El Departamento de Trabajo publicó el índice de precios al consumidor. (IPC) informe el martes. Aunque la inflación aumentó en febrero año tras año, se esperaba el aumento, y la tasa de inflación anual para todos los artículos fue 6%. El enfriamiento de la inflación ha aliviado algunas preocupaciones, pero…

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 en marzo 12, 2023, a 7:20 pm. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would

Multimillonario advierte sobre inminentes corridas bancarias si el gobierno no garantiza todos los depósitos del SVB

Billionaire Bill Ackman has warned ofvast and profoundconsequences of the U.S. El gobierno permite que Silicon Valley Bank (SVB) fracasar sin proteger a todos los depositantes. “No company will take even a tiny chance of losing a dollar of deposits as there is