The economic growth in cryptocurrency has been disappointing in the past couple of months. In his recent interview, the Macro guru, Raoul Pal, explained how economic growth could be pushed forwa...
Tag: Economic
Recession Fears Are Top Of Mind, But We Should Be More Worried About America’s Weak Economic Growth
WASHINGTON, DC – MAY 04: U.S. President Joe Biden speaks during an event at the Roosevelt Room of … [+] the White House on May 4, 2022 in Washington, DC. President Biden delivered remarks ...
US Tribal Nation-Backed Economic Zone Passes Rules Defining Digital Assets
“Now that we have clear digital asset definitions established, a milestone that many governments have still failed to achieve, we can move forward. The Zone can quickly pass thorough and comprehensive...
Sri Lankan officials maintain crypto snub despite economic collapse
The Central Bank of Sri Lanka (CBSL) reiterated its anti-crypto stance in a new notice dated July 12. It confirmed that no entities are authorized to carry out digital asset activities, warning that u...
Sri Lanka’s Central Bank Keeps Crypto Illegal Amid Economic Collapse
The Central Bank of Sri Lanka (CBSL) has issued a notice on cryptocurrencies reiterating its stance as the country’s economy continues to crumble. On July 12, Sri Lanka’s central bank issued a public ...
U.S. And China Emissions Caused $1.8 Trillion Each In Worldwide Economic Damages Over 25 Years, Study Estimates
Topline Greenhouse gas emissions in the United States and China from 1990 to 2014 caused a combined $3.6 trillion in economic damages around the world, according to a study published Tuesday by resear...
U.S. emissions caused $1.8 trillion in global economic losses: study
An aerial view of Phillips 66 oil refinery is seen in Linden, New Jersey, United States on March 8, 2022. Tayfun Coskun | Anadolu Agency | Getty Images The U.S. and China, the world’s two greate...
Sri Lanka’s central banks says crypto remains illegal amid economic turmoil
Amid the ongoing financial turmoil in Sri Lanka that has seen the nation run out of cash, cryptocurrencies have been fronted as a possible solution to rescue the country. However, the Central Bank of ...
Countries Fairing Well in the Current Economic Depression; Are They Pro-Crypto or Not? – crypto.news
The compounding effects of the COVID-19 pandemic, lockdowns in China, supply-chain disruptions, and the Russian invasion of Ukraine are the major causes of the current economic depression. With the gr...
PoS gives Ethereum the economic structure to overtake Bitcoin, says DeFi researcher
As Ethereum shifts into proof-of-stake (PoS), a decentralized finance (DeFi) researcher has argued that the platform can overtake Bitcoin’s (BTC) throne as the top dog in crypto. In a Twitter t...
What’s Happening in Sri Lanka? What to Know About the Protests and Economic Crisis
Sri Lanka’s sovereign-debt crisis has crippled its economy and sparked months of political turmoil and public unrest. With its foreign reserves drained to near zero, the South Asian nation fell into d...
How Economic Ruin Led Thousands To Storm President’s House (In Photos)
Topline Anti-government demonstrations in Sri Lanka reached a fever pitch Saturday as protesters broke into President Gotabaya Rajapaksa’s residence and demanded his resignation over an ongoing econom...
Massive Decline Now in Sight for British Pound amid Economic Turmoil
While inflation worries remain persistent in the UK, recent data on business activity turned out to be better than preliminary estimates. That the British Pound (GBP) is immune to massive falls is a o...
Global Economic Outlook Has ‘Darkened Significantly’ — Global Recession Cannot Be Ruled Out – Economics Bitcoin News
The head of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the global economic outlook “has darkened significantly,” emphasizing that, regarding a global recession, “we c...
Argentinians flee to crypto in economic uncertainty
When Argentina’s minister of the economy resigned over the weekend there was a rush to transfer the Argentine peso into dollar stablecoins. With many expecting the local currency to fall on the news, ...
Argentina Runs to Stablecoins Amidst Political and Economic Uncertainty – Economics Bitcoin News
Citizens of Argentina are hedging their savings by using stablecoins amidst the recent climate of uncertainty created by the resignation of certain key members of the government. The minister of econo...
Global economic outlook has ‘deteriorated materially’
Andrew Bailey, governor of the Bank of England, has said the global economic outlook has deteriorated materially after surging commodity prices pushed up inflation around the world. Bloomberg | Bloomb...
Ghana Changes Mind on IMF Bailout Days After Residents Staged Protests Against Worsening Economic Situation – Coinotizia
The Ghanaian government has reportedly changed its mind and will now seek a financial rescue package from the International Monetary Fund (IMF). The decision comes just a few days after residents took...
Ghana Changes Mind on IMF Bailout Days After Residents Staged Protests Against Worsening Economic Situation – Bitcoin News
The Ghanaian government has reportedly changed its mind and will now seek a financial rescue package from the International Monetary Fund (IMF). The decision comes just a few days after residents took...
Black And Hispanic Households Hit Harder By Inflation—On Top Of Economic Inequality Caused By The Pandemic
Topline Black and Hispanic Americans are affected more by record inflation than other groups, according to research published Thursday by the New York Federal Reserve, in one of the first studies of h...
Consumer Confidence Is Crumbling Despite Economic Expansion
Getty Images Key takeaways The Consumer Confidence Index fell 4.5 points between May and June to its lowest point since February 2021 (98.7) Despite low consumer confidence, the economy continues to e...
Brits Enjoy Summer Of Festivals & Travel Before Increased Economic Worries
Glastonbury is bringing the good vibes, but the UK economic forecast sings a different song: Paul … [+] McCartney performs on the Pyramid Stage during day four of Glastonbury Festival at Worthy ...
Stock Market Climbs As Economic Data Shows Slowing Economy, Cooling Prices; Powell Set To Speak Again
The stock market rose in early trading, with all eyes on Fed Chairman Jerome Powell’s second day of testimony in Congress. X The Nasdaq composite, S&P 500 and Dow Jones Industrial Average al...
Can Bitcoin survive its first global economic crisis?
Bitcoin (BTC) was a response to the 2008 global recession. It introduced a new way to transact without depending on the trust of third parties, such as banks, particularly failing banks that were neve...
1Q22’s Soaring Economic Earnings Aren’t Sustainable
Businessman presenting financial analysis with charts generated by big data displaying international … [+] success and dollar signs getty Economic earnings increased year-over-year (YoY) for all...
Germany Decries ‘Economic Attack’ By Putin As It Inches Towards Gas Rationing
Topline Germany triggered the second phase of its three-stage gas emergency plan on Thursday and urged its citizens to cut back on usage, as it flagged concerns about a drop in supplies from Russia th...
Elon Musk Reiterates Support for Dogecoin at Qatar Economic Forum
Tesla and SpaceX CEO Elon Musk reiterated his support for meme coin cryptocurrency Dogecoin, albeit evasively, at this year’s Qatar Economic Forum in Doha. “I intend to personally support Dogecoin, be...
Russia’s New Economic Policy: Famine, Looting And Stealing?
A wheat field at a farm in southern Ukraine’s Odessa region, on May 22, 2022. (Photo by GENYA … [+] SAVILOV/AFP via Getty Images) AFP via Getty Images In the 1920s, despair prompted Soviet...
The Fed Turns Aggressive as Inflation Meets Signs of an Economic Slowdown
Text size At the news conference following the rate hike, Fed Chairman Jerome Powell admitted that the policy-setting committee was taken aback by news of rising prices and weaker-than-expected retail...
Top economist Mohamed El-Erian says the everything bubble is over. It’s a paradigm shift away from a ‘silly’ artificial economic world
Wednesday’s decision by the Federal Reserve to hike interest rates by 75 basis points was its biggest hike since 1994, and economists are starting to digest what a paradigm change it is. One of the wo...