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Germany’s GDP Drop Ignites Fears of Economic Contagion
Germany’s economy shrinks, fuelling risks of a recession and fears of economic contagion throughout Europe. Unfortunately, central banks have limited resources to reduce the effects of broad-based...
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Fed’s $53 Billion ‘Rescue Operation’ is Good News for Bitcoin
More cracks seem to be appearing in US financial markets as the central bank has to step in once again with a rescue effort. A spike in overnight borrowing rates has set alarm bells ringing as the...
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Bitcoin Still a Safe Haven as Global Economic Storm Brews
Notwithstanding the Friday dump which has just sent bitcoin price back below $8k, the global economy is in a bigger mess and is set to deteriorate even further. Central banks are pumping cash back into...
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Is Bitcoin a Better Bet Against ‘Legal Crooks’?
Bitcoin has not had the best of weeks so far but its 8% slide is just a blip compared to what the US Federal Reserve has been doing recently. The central bank has ramped up its bailout or ‘repo’ scheme...
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Peter Schiff Warns ‘Don’t Buy The Dip’ As Bitcoin Crashes On Recession Fears
Economist Peter Schiff – the favorite opponent of bitcoin evangelists on social media – has again sounded his trumpet of doom for cryptocurrency, particularly Bitcoin and Ether. According to the gold...
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Minnesota Fed Chair Says Recession Is Inevitable, What’s Next?
One of the crypto winter catalysts was the Federal Reserve’s announcement of a rate increase to curb inflation, taking the country towards a recession. As soon as the information reached the crypto...
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IMF Head Warns Of Collective Recession, How It Could Impact Bitcoin
While the Bitcoin and crypto markets are still dealing with the aftermath of the FTX collapse, IMF chief Kristalina Georgieva is warning of a global collective recession that will affect one-third of...
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Crypto Healing: Why Mounting Jitters Of A Recession May Hamper Crypto...
The crypto market has been on a roll recently as it rallied with Bitcoin and Ethereum leading the charge. As a result of this, total market capitalization rose by 14% since the start of the year. With...
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