Author name: Peter

Economist Steve Hanke: US Dollar Weaponization Drives Central Bank Gold Purchases

In a recent interview, Steve Hanke, a professor of applied economics at Johns Hopkins University, discussed how the weaponization of fiat currencies, particularly the US dollar, has led to a surge in central bank gold purchases. Hanke explained that countries in "de-dollarization mode" are seeking refuge in gold as a result of US policies. Understanding

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Cardano’s Charles Hoskinson Clashes With Blockstream’s Adam Back Over Crypto Security Classification

Charles Hoskinson Expresses Frustration Over Cardano's Security Classification Charles Hoskinson, co-founder of Input Output Global (IOHK) and the Cardano blockchain initiative, recently expressed his frustration in a video over the U.S. regulator's decision to categorize the cryptocurrency cardano as a security. He finds it perplexing and critical that bitcoin is exempt from being tagged as

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Bitcoin Mining’s Role in Promoting Clean Energy Initiatives

Introduction A recently published working paper, authored by industry experts, highlights the critical influence of bitcoin mining on worldwide clean energy efforts and the stabilization of electricity grids. This paper explores the utility of mining as a flexible instrument for large-scale demand response in industries and the harnessing of unused energy resources. Unveiling the Working

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US Stock Market Unchanged as Fed Governor’s Remarks Signal Potential Shift

On Wednesday, major U.S. indices concluded the day unchanged after a previous day's rise. This surge was influenced by the dovish remarks made by Federal Reserve Governor Christopher Waller on Tuesday. Market observers infer that Waller's comments indicate a potential shift in the stance of the U.S. central bank, which is a notable deviation given

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Bitcoin Technical Analysis: BTC Bulls Aim to Break Upper Resistance

Bitcoin's Price Analysis The price of bitcoin is currently hovering just above the $38K range after a bullish trading day on Tuesday. This surge in price follows U.S. Federal Reserve Governor Chris Waller's dovish speech. Bitcoin's 24-hour range has been between $37,156 to $38,450, and it currently boasts a market capitalization of approximately $745 billion.

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AI-Focused Cryptocurrency Sector Sees $2 Billion Surge in Less Than 2 Weeks

AI Crypto Economy Rebounds Strongly The AI-focused cryptocurrency sector has experienced a significant surge in value, growing by nearly $2 billion in just under two weeks. This growth has been largely driven by the token bittensor (TAO), which has seen an impressive 86.5% increase in the last fortnight. In the past month, the top six

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Robert Kiyosaki, Author of Rich Dad Poor Dad, Suggests Investing in Bitcoin ETFs

Renowned author Robert Kiyosaki, known for his book Rich Dad Poor Dad, has recently recommended buying bitcoin exchange-traded funds (ETFs). In light of the slowing global economy and the expected printing of trillions of "fake dollars" by the U.S. Treasury and Federal Reserve, Kiyosaki urges investors to take immediate action and not be caught off

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Economist Peter Schiff: US Dollar Near ‘Historic Crash’ — ‘Forget Soft Landing, It’s Crash and Burn’

Peter Schiff's Warning on the US Dollar Economist Peter Schiff has issued a stark warning about the future of the U.S. dollar, stating that it is on the verge of a "historic crash." Schiff believes that there will be no soft landing for the U.S. economy, but rather a scenario of crash and burn. He

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