Cryptocurrency Market

Cryptocurrency Market

Menu
  • Market Cap: $3,671,652,460,365.14
  • 24h Vol: $385,265,946,622.70
  • BTC Dominance: 53.05%

Economics

ubs-warns-of-further-us-dollar-decline,-advises-investors-to-reduce-usd-holdings

UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdings

Leave a Comment / Assets, Australian dollar, Bitcoin, British Pound, Crypto Hacked, Cryptocurrency, Currency, Economics, Ethereum, Euro, fiscal deficit, geopolitical, gold, Greenback, Hedging, interest rates, Portfolio, Swiss franc, UBS, US Dollar / / / , , , , , , , , , , , , , , ,

Financial giant UBS expects the U.S. dollar to continue to depreciate, advising investors to reevaluate their portfolios. The bank predicts a medium-term decline due to shrinking interest rate advantages and a growing fiscal deficit. With the dollar down 5% since June, UBS recommends strategies like currency hedging and diversifying into other currencies and assets like […]

UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdings Read More »

cme-fedwatch-favors-half-point-cut-ahead-of-fomc-meeting

CME Fedwatch Favors Half-Point Cut Ahead of FOMC Meeting

Leave a Comment / Bitcoin, CME Fedwatch, Crypto Hacked, Cryptocurrency, Economics, election impact, Ethereum, Federal Reserve, FOMC, inflation, interest rate, Monetary Policy, PCE index, Prediction markets, Rate Cut / / / , , , , , , , , , ,

In just 40 days, the U.S. Federal Open Market Committee (FOMC) will gather to decide whether the central bank will lower the benchmark interest rate. This pivotal moment occurs two days after the 2024 U.S. Election Day. As it stands, CME futures data suggests that a half-point reduction is currently viewed as more probable than

CME Fedwatch Favors Half-Point Cut Ahead of FOMC Meeting Read More »

mike-mcglone-—-hedge-funds-push-gold-toward-$3k-amid-global-market-uncertainty

Mike McGlone — Hedge Funds Push Gold Toward $3K Amid Global Market Uncertainty

Leave a Comment / Bitcoin, Bloomberg Intelligence, China economic slowdown, Cold War 2.0, commodities, Copper, Crude Oil, Crypto Hacked, Cryptocurrency, Economics, Ethereum, Federal Reserve, geopolitical tensions, gold, Hedge Funds, Mike McGlone / / / , , , , , , , , , , ,

In a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone shared his insights on the impact of macroeconomic factors, including China’s economic slowdown and the Federal Reserve’s monetary policies, on the commodities market. Gold Eyes $3,000 Mark Amid Hedge Fund

Mike McGlone — Hedge Funds Push Gold Toward $3K Amid Global Market Uncertainty Read More »

economist-jim-rickards:-fed’s-narrative-is-wrong,-recession-coming

Economist Jim Rickards: Fed’s Narrative Is Wrong, Recession Coming

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, disinflation, Economics, Ethereum, Federal Reserve, Jim Rickards, Recession / / / , , , , , ,

Jim Rickards, a renowned economist and author of several best-selling books, has explained that the recent Federal Reserve 0.5% interest rate cut shows that the institution has fallen behind the curve and is “in a little bit” of a panic mode, with a recession coming according to several technical indicators. Jim Rickards Warns About Coming

Economist Jim Rickards: Fed’s Narrative Is Wrong, Recession Coming Read More »

ubs-favors-gold-as-‘most-preferred’-—-says-‘hedging-properties-remain-attractive’

UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’

Leave a Comment / Bitcoin, Central Banks, Crypto Hacked, Cryptocurrency, Economics, etfs, Ethereum, Federal Reserve, geopolitical, gold, Hezbollah, inflation, interest rates, Investors, israel, Russia, Safe haven, UBS, Ukraine / / / , , , , , , , , , , , , , ,

UBS remains optimistic about gold’s potential, despite its current record highs. The Swiss investment bank highlights key factors, including the Federal Reserve’s rate cuts and global geopolitical tensions that are boosting demand for gold as a safe-haven asset. UBS also notes that central bank purchases and investor inflows into gold ETFs are sustaining the metal’s

UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’ Read More »

brics-beats-dollar-dependence:-national-currency-settlements-exceed-usd-payments

BRICS Beats Dollar Dependence: National Currency Settlements Exceed USD Payments

Leave a Comment / Bitcoin, Brazil, brics, China, Crypto, Crypto Hacked, Cryptocurrency, Economics, Egypt, Ethereum, Ethiopia, India, Iran, national currencies, Russia, Saudi Arabia, South Africa, United Arab Emirates (UAE), US Dollar / / / , , , , , , , , , , , , , , ,

The BRICS bloc might have already overcome its dollar-dependence problem, as the volume of settlements in the national currencies of its member nations has already surpassed the USD-based exchanges. Using the U.S. dollar can lead to expenses that can be avoided when paying with other currencies, BRICS Deputy Chairman of the Chamber of Commerce and

BRICS Beats Dollar Dependence: National Currency Settlements Exceed USD Payments Read More »

lynette-zang:-hyperinflation-looms-as-us-dollar’s-purchasing-power-dwindles

Lynette Zang: Hyperinflation Looms as US Dollar’s Purchasing Power Dwindles

Leave a Comment / Bitcoin, central bank digital currencies, Crypto Hacked, Cryptocurrency, currency collapse, Economic Crisis, Economics, Ethereum, Federal Reserve, gold and silver, Hyperinflation, inflation, Lynette Zang, Purchasing Power, U.S. dollar / / / , , , , , , , , , ,

Lynette Zang, CEO of Zang Enterprises, asserts that hyperinflation is already underway, predicting a further decline in the U.S. dollar’s value. According to Zang’s recent interview with Kitco, the current financial trends indicate that the dollar’s purchasing power will reach zero, leading to a significant economic crisis by 2025. Zang Warns of Hyperinflation as U.S.

Lynette Zang: Hyperinflation Looms as US Dollar’s Purchasing Power Dwindles Read More »

jpmorgan-ceo-jamie-dimon-on-fed-rate-cuts:-bigger-economic-problems-ahead

JPMorgan CEO Jamie Dimon on Fed Rate Cuts: Bigger Economic Problems Ahead

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, deficits, Economics, Economy, Ethereum, Fed, Federal Reserve, Georgetown, inflation, interest rates, Jamie Dimon, jpmorgan, Monetary Policy, Powell, rate cuts, Recession, stagflation, U.S. / / / , , , , , , , , , , , , , , ,

JPMorgan Chase CEO Jamie Dimon has downplayed the significance of Federal Reserve rate cuts, emphasizing that broader economic forces are at play. He cautioned against focusing too much on the type of economic landing. “Honestly, most of us have been through all that stuff, it doesn’t matter as much,” said the JPMorgan executive. Jamie Dimon:

JPMorgan CEO Jamie Dimon on Fed Rate Cuts: Bigger Economic Problems Ahead Read More »

peter-schiff-warns-fed’s-rate-cut-spells-economic-disaster-—-‘it’s-game-over-for-the-fed’

Peter Schiff Warns Fed’s Rate Cut Spells Economic Disaster — ‘It’s Game Over for the Fed’

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Economic Crisis, Economics, Ethereum, Fed rate cut, Federal Reserve, gold, Gold Prices, inflation, inflation surge, interest rates, Peter Schiff, QE, Recession, Stock Market, Swiss francs, Treasury Yields, U.S. dollar / / / , , , , , , , , , , , , , , ,

Economist and gold advocate Peter Schiff has sounded the alarm on the Federal Reserve’s latest actions, linking a significant rate cut to rising gold prices and a weakening U.S. dollar. His warning about a deepening recession and rising inflation adds weight to concerns about future economic stability. “It’s game over for the Fed,” Schiff stressed.

Peter Schiff Warns Fed’s Rate Cut Spells Economic Disaster — ‘It’s Game Over for the Fed’ Read More »

bukele-states-el-salvador-will-self-finance-2025-budget,-won’t-issue-even-‘a-cent’-of-debt

Bukele States El Salvador Will Self-Finance 2025 Budget, Won’t Issue Even ‘a Cent’ of Debt

Leave a Comment / Bitcoin, budget, Crypto, Crypto Hacked, Cryptocurrency, debt, Economics, El Salvador, Ethereum, Nayib Bukele / / / , , , , , ,

President Nayib Bukele revealed that he would present a self-financed budget proposal to the Legislative Assembly of El Salvador, meaning that the government will not issue debt to pay for its operations in 2025. Bukele stressed that this would be the first time this happened in decades, highlighting the relevance of independence and self-sufficiency for

Bukele States El Salvador Will Self-Finance 2025 Budget, Won’t Issue Even ‘a Cent’ of Debt Read More »