Charles Hoskinson wants you to “wake up.” In a Twitter broadcast on Tuesday night, the Cardano founder and Ethereum co-founder warned of a “dystopian future” brought on by hyperinflation and governmen...
Tag: Economic
Chinese high court rules Bitcoin has economic value and is legally protected
China’s controversial cryptocurrency landscape has taken a new twist after the Shanghai High People’s Court ruled that Bitcoin has a ‘certain economic value’ and is a virtual asset protected by the co...
Alibaba CEO reassures employees amid economic and regulatory challenges
Chinese e-commerce giant Alibaba Group Holding is an important contributor to society and continues to develop in a “regulated” manner despite major challenges, according to its chairman a...
Shanghai High Court Declares Bitcoin Virtual Asset With Economic Value Protected by Chinese Law – Regulation Bitcoin News
The Shanghai High People’s Court has declared bitcoin to be a virtual asset protected by Chinese law. The court notes that the cryptocurrency has economic value. Bitcoin Is Property Protected by Law i...
Overturning Roe V. Wade Would Have ‘Very Damaging’ Economic Effects, Treasury Secretary Warns—Here’s How
Topline Restricting access to abortion “would have very damaging effects on the economy,” Treasury Secretary Janet Yellen testified to the Senate Tuesday as the Supreme Court appears poised to overtur...
Russian Free Press affected by economic sanctions: requests crypto donations from international community
Meduza, an independent Russian news outlet launched a crypto donations page back in April last year after being penalised by the Russian government. Now, with their content blocked in Russia, Meduza i...
Erratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly – Economics Bitcoin News
The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder in value. Since May 2, 2022, the crypto economy has dropped more than 15% f...
How Will Political And Economic Turmoil Impact Investment
A broker looks at his screens at Frankfurt’s stock exchange DDP/AFP via Getty Images The Global Investor Conference (GIC) aims to tackle these tough questions and more next week in Portugal. Thi...
Russia admits it faces economic collapse over Putin’s war
Russia economy war Ukraine sanctions oil energy Kremlin Putin – REUTERS/Shamil Zhumatov Russia is facing its deepest economic decline in almost three decades as it grapples with the fallout from...
Economic strength is forcing the Fed to get more aggressive
On Tuesday, we learned U.S. employers had a record 11.5 million job openings as of March. That’s arguably the clearest sign that the economy is booming, as hiring workers isn’t cheap and most employer...
Dr. Fauci Diagnoses China’s Bad Economic Habits
Dr. Anthony Fauci testifies before the Senate Health, Education, Labor, and Pensions Committee on July 20, 2021 on Capitol Hill in Washington, D.C. J. Scott Applewhite-Pool/Getty Images Dr. Anthony Fa...
This Indian Nation Is Setting Up A Special Economic Zone For Crypto, Fintech, Blockchain On Native Land
There are over 500 casinos on Native American tribal lands in the United States, plus numerous other businesses that benefit from special regulation in special jurisdictions. Soon, that list of busine...
Peter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the Great Recession’ – Coinotizia
Following the Federal Reserve’s rate hike on Wednesday, economist Peter Schiff has had a lot to say since the U.S. central bank raised the benchmark rate by half a percentage point. Schiff further bel...
Peter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the Great Recession’ – Economics Bitcoin News
Following the Federal Reserve’s rate hike on Wednesday, economist Peter Schiff has had a lot to say since the U.S. central bank raised the benchmark rate by half a percentage point. Schiff further bel...
Big Opportunity For Greece At World Economic Forum
World Economic Forum (WEF) SOPA Images/LightRocket via Getty Images This month, I am in Europe, which will cumulate in being in Davos for the World Economic Forum. Europe is in the midst of a massive ...
Mainland China Gains On Reopen, Economic Daily Editorial Marks Shift In Regulatory Tone
China Last Night KraneShares Key News Asian equities were mixed though mostly lower overnight, failing to follow US equities higher, as Hong Kong underperformed. Mainland China markets reopened to out...
Why the market is taking Powell’s ‘soft-ish’ economic language so hard
Roger Ferguson Michael Nagle | Bloomberg | Getty Images Anyone who read a Fed chair coining the term “soft-ish” for an economic landing, as Jerome Powell did on Wednesday, as a bullish sig...
Bitcoin’s hash rate surges despite persistent economic uncertainty
CoinWarz shows the Bitcoin hash rate continues to explode, hitting a new all-time high of 270 EH/s on Monday before settling around the 220 EH/s today. A rising Bitcoin hash rate indicates the number ...
Billionaire Paul Tudor Jones Warns of Economic Disaster, Says Hard Not To Be Crypto Bull Currently
Hedge fund billionaire Paul Tudor Jones is warning of a steep financial test in advance of the Federal Reserve’s upcoming rate hike meeting on Wednesday. In a new interview with CNBC, Jones says the U...
Crypto users’ positive sentiment despite the upsurge in economic crisis
TL;DR Breakdown Crypto service users’ spike in investments despite emerging global concerns. The US stays at the top in lending its service to the crypto platform. TVL is facing a transactional volume...
World Economic Forum Shares a Video About Changing Bitcoin’s Code to Proof-of-Stake – Bitcoin News
According to a World Economic Forum (WEF) tweet, a “change in the way bitcoin is coded could almost eliminate its environmental impact.” That statement stems from a tweet the WEF published on April 26...
Central African Republic Looks To Strengthen Economic Trajectory With Bitcoin As Legal Tender ⋆ ZyCrypto
Advertisement     It’s been over seven months since El Salvador became the first nation in the world to adopt bitcoin as legal tender — though the transition has been ...
Crypto Will Be the Only Place To Hide During Next Economic Shockwave, Says Pantera Capital CEO
Pantera Capital founder and CEO Dan Morehead says that cryptocurrencies may be the only safe asset class investors can turn to during the next economic downturn. In a new interview on the Bankless You...
Ray Dalio Issues Stark Economic Warning, Says Global Paradigm Shift Underway – Is Crypto the Answer?
Billionaire investor and hedge fund manager Ray Dalio believes the US dollar and fiat currencies around the world are locked in a spiraling and never-ending state of decline. In a new interview with Y...
Meet Michael Arrington and Dr. Chandra Duggirala at the World Crypto Economic Forum
The World Crypto Economic Forum (WCEF) is scheduled for June 2&3rd, 2022 in San Francisco and will gather over a hundred of speakers and 2.000 attendees, entrepreneurs, crypto enthusiasts, and ind...
According To The Ombudsman Cryptocurrencies Is Engaged In One Quarter Of All Economic Frauds Throughout France
Marielle Cohen-Branch also cautioned that there is a gap for complaints against unregistered crypto companies. According to a report released Wednesday, crypto investment schemes were engaged in one-q...
Economic data hasn’t just been strong — they’re exceeding expectations
People have been concerned about the possibility that the economy could soon go into recession. Indeed, “recession” has been a trending topic, according to Google Search data, peaking during the week ...
Coinbase Unveils Crypto Investment Strategy Amid Shaky Macro Economic Environment
Crypto exchange giant Coinbase is revealing its crypto investment holdings amid times of macro uncertainty. In a new blog post, the top US-based crypto exchange platform unveils a detailed breakdown o...
Quantum computing to run economic models on crypto adoption
By many accounts, quantum computing (QC), which uses atomic “spin” instead of an electrical charge to represent its binary 1’s and 0’s, is evolving at an exponential rate. If QC is ever realized at sc...