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

On 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, med…

As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created

109 years ago, USA. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great deal. Since the Fed started, mer än 96% of the greenbacks purchasing power has been erased

Massachusetts Senator skickar lagförslag som syftar till att tvinga kryptogruvarbetare att rapportera utsläpp av växthusgaser

On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combattingenergy-intensivecryptocurrency mining operations. The bill introduced by senator Ed Markey (D-MA) alleges that crypto miningstrains the gridand the industryundermines U.S….

Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin

The Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, USA. Office of Science and Technology Policy published a report that claims

Gas-to-Bitcoin Mining Firm Crusoe Energy Systems Raises $505 Miljon

På torsdag, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $505 million in new capital from strategic investors. According to the announcement, the Series C equity funding round was led by the climate technology

President för Central Bank of Peru kritiserar krypto, Med hänvisning till bristen på inneboende värde och klimatförändringar

Julio Velarde, the president of the Central Bank of Peru, attacked the value of cryptocurrencies and referred to negative effects they are said to have on the environment. In a recent interview with local media, Velarde said the Bank did not

Lokala företag i New York uppmanar guvernören att införa ett statligt moratorium för gruvdrift för bitcoin

The governor of New York state, Kathy Hochul, has been urged by a group of local companies to deny business permits to bitcoin miners. The letter specifically asks for thedenial of permits for the Greenidge Generating Station and the Fortistar