BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency

In spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate hikes from the U.S. Državne rezerve, creativity in crypto has found a new boon in the form of controversial inscriptions, called Ordinals, on the Bitcoin blockchain. All this and more, just below, in the latest Bitcoin-Tidings.com News Week in Review.

Expert Predicts Looming Economic Collapse as BRICS Nations Unite Against the Dollar

Expert Predicts Looming Economic Collapse as BRICS Nations Unite Against the Dollar

Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies — Brazil, Rusija, Indija, China, and South Africa, collectively known as BRICS nations — are “coalescing against the dollar.” Schectman believes that since 2022, de-dollarization “seems to be spinning much, much faster.”

Preberi več

Bank of America, Goldman Sachs, JPMorgan, UBS Share Predictions of Further Fed Rate Hikes

Bank of America, Goldman Sachs, JPMorgan, UBS Share Predictions About Further Fed Rate Hikes

Bank of America, Goldman Sachs, JPMorgan, and UBS have shared their predictions about the Federal Reserve raising interest rates further. Bank of America and Goldman Sachs, for example, now expect the Fed to raise interest rates three more times this year.

PREBERI  Smartbch Poolside Puffers NFT Collection Sells Out in 3 Days — 100% of Proceeds Goes to Orphanage in Vietnam

Preberi več

Economist Warns the Fed Can't Get to Inflation Target 'Without Crushing the Economy'

Economist Warns the Fed Can’t Reach Inflation Target Without ‘Crushing’ US Economy

Economist Mohamed El-Erian, Allianz’s chief economic advisor and chair of Gramercy Funds Management, has warned that the Federal Reserve cannot achieve its 2% inflation target without crushing the U.S. gospodarstvo. “You need a higher stable inflation rate. Call it 3% to 4%,” the economist suggested.

Preberi več

Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000

Bitcoin Continues to Record 3.75 MB Blocks as Ordinals Increase

As Ordinal inscriptions approached the 150,000 označiti, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. medtem, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last few weeks.

Preberi več

Oznake v tej zgodbi
Andy Schectman, Block Size, brics, collapse, de-dollarization, Državne rezerve, inflacija, interest rate, major banks, NFT-ji, ordinals, US economy

What are your thoughts on this week’s hottest stories from Bitcoin-Tidings.com News? Be sure to let us know in the comments section below.

Bitcoin-Tidings.com

Since 2015, Bitcoin-Tidings.com has been a global leader in introducing newcomers to crypto. Featuring accessible educational materials, timely and objective news, and intuitive self-custodial products, we make it easy for anyone to buy, spend, trgovina, invest, earn, and stay up-to-date on cryptocurrency and the future of finance.

Zasluge za slike: Shutterstock, Pixabay, Wiki Commons

Zavrnitev odgovornosti: Ta članek je zgolj informativne narave. Ne gre za neposredno ponudbo ali nagovarjanje k ponudbi za nakup ali prodajo, ali priporočilo ali odobritev katerega koli izdelka, storitve, ali podjetja. Bitcoin-Tidings.com ne zagotavlja investicije, davek, pravni, ali računovodski nasvet. Niti podjetje niti avtor ne odgovarjata, neposredno ali posredno, za kakršno koli škodo ali izgubo, povzročeno ali domnevno povzročeno z ali v povezavi z uporabo ali zanašanjem na katero koli vsebino, blaga ali storitev, omenjenih v tem članku.

PREBERI  Ethereum bi lahko zrinil Bitcoin kot najboljše kripto skladišče vrednosti, Študija trdi

Preberi zavrnitev odgovornosti