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From Pennies to Properties: The Untold Story of Crypto’s Impact on Homeownership

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Recent analysis from the Office of Financial Research (OFR) reveals that increased household exposure to cryptocurrency is reshaping financial behaviors, particularly in debt accumulation. OFR Report Reveals the Growing Influence of Crypto Assets on Household Debt Between 2020 and 2021, the proportion of U.S. households reporting taxable cryptocurrency events tripled. This growth highlights the intersection … Read more

Billionaire Investor Stanley Druckenmiller: ‘We Have a Reckoning’

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Stanley Druckenmiller has warned about the pernicious effects of the budget deficit and the growth of U.S. public debt. The investor stated that the country faces a reckoning, but timing it is difficult due to several factors. Stanley Druckenmiller on U.S. Debt: ‘We Have a Reckoning’ The U.S. debt situation, which has surpassed the $35 … Read more

BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor

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A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offering better financial terms to developing nations. He emphasized the NDB’s role in helping countries like Zimbabwe escape debt cycles and discussed the introduction of Zimbabwe Gold (ZiG), a currency backed by mineral wealth, … Read more

Analysts Link Bitcoin Rally to Trump’s Election Odds – Microstrategy Gains Set Stage for a Breakout

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Analysts at global research and brokerage firm Bernstein say bitcoin’s surge is fueled by Donald Trump’s rising chances in the 2024 election. They point to Microstrategy’s stock, soaring 191% this year, as a key signal of a looming market breakout. With Trump leading in key swing states, his election odds are igniting a stronger crypto … Read more

Russian Finance Minister: Western Policies Hurt the US Dollar

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Russian Finance Minister Anton Siluanov believes that the policies of the US and its Western allies are affecting the role of the U.S. dollar as a reserve currency. Siluanov stated that while the U.S. dollar will remain popular, the BRICS bloc will develop a solution using digital financial assets to replace it. Russian Finance Minister … Read more