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Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’

21st June 2022 by admin

Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed by the trend. On Monday, the Russian ruble rose to 55.47 per dollar, which was the highest increase since 2015. While many have dismissed the …

Filed Under: Bitcoin News Tagged With: 7Year, Against, Dollar, Don’t, Economist, Exchange, High, Ignore, Rate, Ruble, Russian, Says, Taps

Cleveland Fed President Loretta Mester Is ‘Not Predicting a Recession,’ Says Inflation Will Move Down

20th June 2022 by admin

Cleveland Federal Reserve Bank president Loretta Mester doesn’t think a recession will take place in the United States but believes it will take two years to get inflation back down to 2%. While speaking during an interview on Sunday, Mester explained that while it will take two years, inflation “will …

Filed Under: Bitcoin News Tagged With: “Not, Cleveland, Down, Inflation, Loretta, Mester, Move, Predicting, President, Recession’, Says

‘Big Short’ Investor Michael Burry Says ‘the Fed Has No Intention of Fighting Inflation’

15th April 2022 by admin

Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that the Federal Reserve “has no intention of fighting inflation.” He added that the Fed’s “Serial half-point hikes are for getting elevation before stocks and the consumer tap out.” Michael Burry on Inflation and Fed’s Rate Hikes Famous investor and founder …

Filed Under: Bitcoin News Tagged With: “The, Big’, Burry, Fighting, Inflation, Intention, Investor, Michael, Says, Short

India’s Digital Currency to Take ‘Very Calibrated, Graduated’ Approach, Says RBI Deputy Governor

9th April 2022 by admin

RBI’s Central Bank Digital Currency to Take

Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar has outlined the implications of India issuing a central bank digital currency, the digital rupee. ”I think central banks would go about it in a very calibrated, graduated manner, assessing impact all along the line,” he explained. RBI’s Deputy Governor Discusses Indian Central Bank …

Filed Under: Bitcoin News Tagged With: Approach, Calibrated, Currency, Deputy, Digital, Governor, Graduated’, India’s, Says, Take, Very

Sanctions Motivate Russia to Create Own Crypto Market Infrastructure, Finance Ministry Says

2nd April 2022 by admin

Sanctions Motivate Russia to Create Own Crypto Market Infrastructure, Finance Ministry Says

With sanctions cutting off Russia from global finances, Moscow’s motivation to establish a domestic market infrastructure for digital assets grows, a top official at the Russian finance ministry has noted. The comment comes as Russians are losing access to foreign crypto platforms. Russia Recognizes Need for Local Crypto Assets Market Amid expanding international sanctions …

Filed Under: Bitcoin News Tagged With: Create, Crypto, Finance, Infrastructure, Market’, Ministry, Motivate, Russia, Sanctions, Says

Ron Paul Cautions Government Could Still Ban Bitcoin — Says He’s Influenced ‘a Whole Lot’ by History

20th March 2022 by admin

Ron Paul Cautions Government Could Still Ban Bitcoin — Says He

Former U.S. Congressman Ron Paul says he still believes that the government could outlaw bitcoin mainly because he is “influenced a whole lot by history and the gold history.” Despite his warning, Paul stressed that crypto “should be obviously permitted.” Ron Paul Discusses Bitcoin as Interest in Crypto Rises Former presidential candidate Ron Paul …

Filed Under: Bitcoin News Tagged With: ‘a, Bitcoin, Cautions, Could, Government, He’s, History, Influenced, Lot’, Paul, Says, Still, Whole

Crypto Industry Welcomes Biden’s Executive Order — Expert Says ‘It’s About as Good as We Could Ask’

10th March 2022 by admin

Many people in the crypto industry welcome President Joe Biden’s executive order on crypto. A crypto regulatory expert says, “It’s about as good as we could ask.” Another sees the order as the federal government viewing “cryptocurrency as a legitimate, serious, and important part of the economy and society.” Crypto Community Welcomes Biden’s Executive …

Filed Under: Bitcoin News Tagged With: “Good, About, Ask’, Biden’s, Could, Crypto, Executive, Expert, Industry, It’s, Order, Says, Welcomes

Analysts Debate Economic Fallout Odds From Russia’s Invasion, Historian Says World May Face Worst Energy Crisis Since the 1970s

5th March 2022 by admin

While Russia’s Ukraine invasion has been at the forefront of people’s minds, a global recession and the possibility of an energy crisis have been thrown into the conversation. Reports concerning the U.S. economy note that risks of an economic recession are climbing, and energy market historian Daniel Yergin thinks the current warfare in Ukraine …

Filed Under: Bitcoin News Tagged With: 1970s, Analysts, Crisis, Debate, Economic, Energy, Face, Fallout, From, Historian, Invasion, Odds, Russia’s, Says, Since, World, Worst

US Senator Says He’s Bullish on Bitcoin Because It’s Decentralized, Uncontrollable

27th February 2022 by admin

US Senator Ted Cruz Says He

U.S. Senator Ted Cruz says one of the reasons he is so bullish on bitcoin is because it is decentralized and not controllable. He added that “China recently banned bitcoin because they can’t control it, which is the exact same reason Elizabeth Warren hates bitcoin.” US Senator Bullish on Bitcoin U.S. Senator Ted Cruz …

Filed Under: Bitcoin News Tagged With: Because, Bitcoin, Bullish, Decentralized, He’s, It’s, Says, Senator, Uncontrollable

Finder’s Experts Predict Dogecoin Will Reach $0.16 This Year, Panelist Says ‘Luster Will Wear Off as Meme Coins Lack True Utility’

23rd February 2022 by admin

Finder

Panelists from the product comparison platform Finder’s dogecoin price prediction report say that the popular meme-based cryptocurrency will reach $ 0.163 per unit in 2022. Finder’s recent poll concerning dogecoin’s forecasted price leverages 33 experts and by 2025, the panelists say dogecoin is expected to reach $ 0.316 per unit. Finder’s Dogecoin …

Filed Under: Bitcoin News Tagged With: ‘Luster, $0.16, Coins, Dogecoin, Experts, Finder’s, Lack, Meme, Panelist, Predict, Reach, Says, This, True, Utility’, Wear, Year

Korean Jeweler Behind HyunA And DAWN’s Engagement Rings Says The Pair Cost “A Year’s Rent”

6th February 2022 by admin

Jewelry designer Yueun Esther Shin, the mastermind behind the brand Diligems, revealed some details about HyunA and DAWN‘s engagement rings in the latest Instagram post. HyunA and DAWN’s engagement rings. | @hyunah_aa/InstagramOn February 3, 2022, DAWN proposed to HyunA in an Instagram story showing off their matching rings with the caption asking, “MARRY …

Filed Under: Kpop News Tagged With: ‘a, Behind, Cost, DAWN’s, Engagement, HyunA, Jeweler, Korean, Pair, Rent”, Rings, Says, Years

Apple on Metaverse: We See a Lot of Potential and Are Investing — CEO Tim Cook Says ‘It’s Very Interesting to Us’

31st January 2022 by admin

Apple on Metaverse: We See a Lot of Potential and Are Investing — CEO Tim Cook Says

Apple CEO Tim Cook says the metaverse has a lot of potential and his company is investing accordingly. “It’s very interesting to us,” he noted. Global investments banks Morgan Stanley and Goldman Sachs have predicted that the metaverse could be an $ 8 trillion opportunity. Apple Sees a Lot of Potential in the …

Filed Under: Bitcoin News Tagged With: Apple, Cook, Interesting, Investing, It’s, Metaverse, Potential, Says, Us’, Very

Boxing Legend Mike Tyson Says He’s ‘All in’ on Solana Crypto — Asks Fans How High SOL Will Go

17th January 2022 by admin

Boxing Legend Mike Tyson Says He

Boxing legend Mike Tyson, aka “Iron Mike,” says he is “all in on solana.” He is now asking his Twitter followers how high the price of the cryptocurrency SOL will go. Mike Tyson Asks How High the Price of Solana Will Go Mike Tyson, one of the greatest heavyweight boxers of all time, has …

Filed Under: Bitcoin News Tagged With: ‘All, ‘In, Asks, Boxing, Crypto, Fans, He’s, High, Legend, Mike, Says, Solana, Tyson

Electric Car Owner Says His Hacked Tesla Model 3 Mined up to $800 a Month Mining Ethereum

10th January 2022 by admin

Electric Car Owner Says His Hacked Tesla Model 3 Mined up to $  800 a Month Mining Ethereum

According to the 2018 Tesla Model 3 owner, Siraj Raval, he mined up to $ 800 a month in crypto assets with his hacked-out electric car. Similarly, Chris Allessi, the owner of a Tesla Model S tethered a Bitmain Antminer S9 to his car’s electrical system to mine bitcoin, and he’s mined monero …

Filed Under: Bitcoin News Tagged With: ‘Ethereum, $800, Electric, Hacked, Mined, Mining, Model, Month”, Owner, Says, Tesla

Decentralized Storage Provider Says It’s Too Risky for the World to Rely Centralized Cloud Storage Platforms

4th January 2022 by admin

Nigeria Based Storage Provider Says It’s Too Risky for the World to Rely Centralized Cloud Storage Platforms

In the past year, internet giants like Amazon and Google all experienced outages which were blamed on errors and failed upgrades. The occurrence of such outages and their impact around the world again highlighted the importance of having a decentralized internet. Also, just like how the Covid-19 pandemic showed the world that blockchain-based digital …

Filed Under: Bitcoin News Tagged With: Centralized, Cloud, Decentralized, It’s, Platforms, Provider, Rely, Risky, Says, Storage, World

South Korean Lawmaker Says He Will Start Accepting Crypto Donations in the New Year

1st January 2022 by admin

Lee Kwang-jae, a South Korean lawmaker, recently stated that he will be accepting cryptocurrency donations starting mid-January 2022. According to the politician, this plan represents his attempt to raise awareness about cryptocurrencies and non-fungible tokens among South Koreans. Donations to Be Converted Into Korean Won A Korean lawmaker, Lee Kwang-jae, has said he will …

Filed Under: Bitcoin News Tagged With: Accepting, Crypto, Donations, Korean, Lawmaker, Says, South, Start, Year

More Needs to Be Done to Ensure Tanzanians Understand the Risks of Crypto Trading, Says Blockchain Educator

25th December 2021 by admin

Tanzanians are embracing cryptocurrencies but more work still has to be undertaken in order to reduce the number of scams in the industry, a blockchain educator has said. In much of the year 2021, blockchain entities and proponents of the technology in Tanzania did much to bring this fintech to ordinary folks in that …

Filed Under: Bitcoin News Tagged With: Blockchain, Crypto, Done, Educator, Ensure, More, Needs, Risks, Says, Tanzanians, Trading, Understand

Mandates Ban Unvaccinated From Visiting Banks in Multiple Countries, Australian Premier Says ‘There’s Going to Be a Vaccinated Economy’

22nd December 2021 by admin

Mandates Ban Unvaccinated From Visiting Banks in Multiple Countries, Australian Premier Says ‘There’s Going to Be a Vaccinated Economy’

Over the last few weeks, furious debates over Covid-19 and vaccine mandates have divided people into two classes. On December 21, one individual from Argentina explained in a forum that “banks in Argentina are not letting unvaccinated people inside.” The person said that whether people are for or against vaccines, the mandate was “nuts” …

Filed Under: Bitcoin News Tagged With: Australian, Banks, Countries, Economy, From, Going, Mandates, Multiple, Premier, Says, There’s, Unvaccinated, Vaccinated, Visiting

US Treasury Secretary Yellen Says She’s Undecided Whether the Fed Should Issue Digital Currency

3rd December 2021 by admin

US Treasury Secretary Yellen Says She

The U.S. Treasury Secretary Janet Yellen says that she has not made up her mind about whether the Fed should issue a central bank digital currency (CBDC). “There are some benefits” to a digital dollar, Yellen said, but noted that “there are also meaningful costs.” Janet Yellen Has Not Decided Whether the Fed Should …

Filed Under: Bitcoin News Tagged With: Currency, Digital, Issue, Says, Secretary, She’s, Should, Treasury, Undecided, Whether, Yellen

Binance CEO Says He and Warren Buffett Use Similar Investment Strategy but Doubts Buffett Has Skills to Keep Crypto Safe

27th November 2021 by admin

Binance CEO Says He and Warren Buffett Use Similar Investment Strategy but Doubts Buffett Has Skills to Keep Crypto Safe

The CEO of cryptocurrency exchange Binance says that he and Berkshire Hathaway CEO Warren Buffett share a similar investment strategy. However, he said he would not convince the Oracle of Omaha to invest in cryptocurrency. “I get worried if he uses crypto. He may not have the necessary skills or the knowledge on how …

Filed Under: Bitcoin News Tagged With: Binance, Buffett, Crypto, Doubts, Investment, Keep, Safe, Says, Similar, Skills, Strategy, Warren

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