Author name: Peter

Skybridge Capital Founder Sees Bitcoin as a Store of Value Asset Skybridge Capital founder Anthony Scaramucci recently discussed the future of bitcoin in an interview with Bloomberg. He expressed his belief that bitcoin has the potential to become a multi-trillion-dollar asset, independent of the U.S. Securities and Exchange Commission's decision on a spot bitcoin exchange-traded […]

A Turning Point: Cold War II? The International Monetary Fund (IMF)'s first deputy managing director, Gita Gopinath, delivered a speech at the 20th World Congress of the International Economic Association in Colombia where she discussed the possibility of a new Cold War. Drawing parallels between the past and present, Gopinath highlighted the growing tension between

Google Requires Certification for Advertisers Starting on January 29, 2024, advertisers targeting the U.S. market with cryptocurrency coin trusts will need to meet specific requirements set by Google. Advertisers must apply for and obtain a certificate issued by Google before promoting their offerings to the public. Google defines cryptocurrency coin trusts as financial products that

Market Participants Anticipate Fed's Decision Market participants, including both investors and traders, have their attention keenly set on the upcoming Federal Open Market Committee (FOMC) meeting, slated for Dec. 13, 2023. There is widespread speculation about whether Fed Chair Jerome Powell will continue to uphold the current elevated benchmark interest rate. Concurrently, Jim Grant, renowned

Krugman Accused of Spreading Disinformation Steven Hanke, an applied economics professor at Johns Hopkins University, has criticized Paul Krugman, a fellow economist and Nobel laureate, for his claim that inflation is a "global phenomenon." Hanke took to X (formerly Twitter) to express his disagreement with Krugman's latest op-ed article in the New York Times, referring

Robert Kiyosaki Doubles Down on Crash Warning Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, has issued a stark warning about the possibility of the biggest crash in history. He highlights the bankruptcy of the U.S. banking system and predicts that the S&P 500 will soon collapse, resulting in significant losses

Introduction The World Gold Council (WGC) has recently published its 2024 Gold Outlook report, which examines the potential behavior of the gold market in the coming year. This report takes into account various scenarios and provides insights into how gold might perform in each situation. Expected Scenario: Soft Landing The most likely scenario that the

Introduction China and Singapore have joined forces to launch a pilot project that allows tourists from both countries to utilize China's central bank digital currency, known as the digital yuan. This initiative aims to enhance convenience for travelers when making purchases during their overseas trips. The Monetary Authority of Singapore (MAS) announced the collaboration, which

Cardano and Avalanche Record Substantial Rises Market statistics reveal that two specific cryptocurrencies, cardano (ADA) and avalanche (AVAX), have shown significant gains in the past week, outperforming other top 20 digital assets. In the previous seven days, avalanche has surged by 48.7%, while cardano has seen an increase of 50.4% against the U.S. dollar. Top

The U.S. Securities and Exchange Commission (SEC) Highlights the Risks The U.S. Securities and Exchange Commission (SEC) has once again issued a warning about the exceptionally risky nature of investments in crypto assets. The regulator emphasizes that investing in crypto-related assets continues to be fraught with fraud, including scams such as bogus coin offerings, Ponzi