Economist Peter Schiff has urged people to get rid of their U.S. dollars now as a growing number of countries have escalated their efforts to reduce their dependence on the U.S. and the USD. “The dollar’s reserve currency status is in jeopardy, as is the American standard of living that depends on it. The best […]
Billionaire venture capitalist Chamath Palihapitiya believes that the emerging trend of large economies moving away from the US dollar to settle trades is nothing but noise. In a new episode of the All-In Podcast, Palihapitiya says the recent deal between China and Brazil, which allows the two countries to exchange goods and services in their […]
2022 was the year of hype around Web3, but 2023 is shaping up to be the year when the plans are being implemented. Luxury brands are now focusing on more concrete utilization closely connected with the physical product in contrast to digital-only assets existing solely for the metaverse. Everything then boils down to the usage […]
As Turkey grapples with economic turmoil and soaring inflation rates, reaching 55.20% at the end of February 2023, its citizens are turning to Bitcoin for financial refuge. Source: YCharts The plunging value of the Turkish lira has spurred a surge in Bitcoin adoption, offering a haven from government interference and inflationary forces. Source: Google Finance […]
According to the latest filing with the Securities and Exchange Commission (SEC), Private Advisor Group LLC has reduced its holdings in the US-based crypto exchange Coinbase Global by 19.8%. This information was captured in a report by MarketBeat on Saturday, noting the firm now owned 16,730 shares of the crypto exchange’s stock after selling 4,135 […]