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According to a number of reports and commentary from financial analysts, the world is “drowning in U.S. dollars” after the Federal Reserve decided to pump billions of dollars into the hands of 14 central banks via liquidity swaps. Moreover, recent technical analysis shows the dollar’s trade-weighted index chart indicates the USD might be in for … Read more
Prior to COVID-19, six leading banks had a market cap above Bitcoin’s. How many still do? Go to Source Powered by WPeMatico
Turkish are losing faith in its local fiat currency, with confidence in the lira falling 20% this year. Go to Source Powered by WPeMatico
The trillion dollar bailout will not end well. Go to Source Powered by WPeMatico
Low-yielding dollar savings accounts aren’t cutting it for Americans anymore. Go to Source Powered by WPeMatico
Enjoying a stronger negative correlation with the U.S. dollar than gold, Bitcoin may start to present a more attractive alternative to both in the eyes of the investors. Go to Source Powered by WPeMatico
The economy in the U.S. has been brought to a halt by COVID-19, forcing businesses across the country to close their doors, sending millions of workers out of a job. As of April 2020. Unemployment in the U.S. reached a staggering 14.7% – the highest ever recorded since 1939. In some states, as many as … Read more
Sejong police are investigating who leaked details of the government’s crypto tax bill before it was formally announced. Go to Source Powered by WPeMatico
The world’s bureaucrats have been on a money creation spree and on July 21, the European Union approved an unprecedented $2.1 trillion coronavirus relief budget. Additionally, American leaders are in the midst of approving a new stimulus relief act amid July’s unemployment extension benefits expiring. Reports say that the estimated $3 trillion HEROES Act will … Read more
Supporting digital competitiveness is possibly the key. Investors are encouraged to venture into digital investments to help in the improvement of the economic climate. Go to Source Powered by WPeMatico
