Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens – Market Updates Bitcoin News

Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech …

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Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal – Bitcoin News

Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the …

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As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created – Featured Bitcoin News

109 years ago, the U.S. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great …

As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created – Featured Bitcoin News Read More »

Former Fed Chair Alan Greenspan Says Decreasing Supply of Greenbacks Makes the US Dollar a ‘Better Store of Value’ – Economics Bitcoin News

On Nov. 2, 2022, the American economist and 13th chairman of the U.S. Federal Reserve, Alan Greenspan, published an opinion editorial that says he envisions …

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Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists – Finance Bitcoin News

Amid the economic uncertainty affecting a myriad of countries worldwide, Bank of America Securities market strategists explained in a note this week that the leading …

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Investor Richard Mills Says Economy Is Rushing Into a ‘US Dollar Crisis of Epic Proportions’ – Economics Bitcoin News

While the U.S. dollar has been extremely robust in recent times, compared to a myriad of fiat currencies worldwide, a number of analysts and economists …

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FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues – Economics Bitcoin News

While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could …

FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues – Economics Bitcoin News Read More »

Gold and Silver Prices Slide Lower Following US Jobs Report — Analyst Says Data Suggests ‘Market Bottom Is in Place’ – Market Updates Bitcoin News

On Friday, October 7, 2022, the precious metals gold and silver dropped in U.S. dollar value following the recent U.S. jobs report for September. The …

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Ruble Surges Against Greenback, Ethiopian Birr Exchange Rate Gap Widens; Kiyosaki: The ‘End Is Here’ for Fake Money — Week in Review – The Weekly Bitcoin News

Rumors of expanding war, massive inflation destroying people’s purchasing power, and widespread volatility in the world of fiat currencies shaped the news this past week, …

Ruble Surges Against Greenback, Ethiopian Birr Exchange Rate Gap Widens; Kiyosaki: The ‘End Is Here’ for Fake Money — Week in Review – The Weekly Bitcoin News Read More »

Hong Kong Protects Local Currency in Forex Market Amid Capital Flight to US Dollar – Economics Bitcoin News

Following the Bank of England explaining that it would be meddling in U.K. bond markets and the Bank of Japan defending the yen in the …

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