According to the IMF, the economy dropped from 6.1% last year to 3.2 %in 2022. The crypto market dropped below $1trillion from its all-time high of $3 trillion. Since the beginning of the year, the global economy has been in a gloomy and depressing state, and multiple incidents this year
The US economy might fall into recession if interest rates continue to rise. The subprime mortgage crisis of 2007 and 2010 is what Burry is most known for. The “Big Short” Michael Burry and others have warned that the stock market’s present decline may continue for a long time. According
Amidst the record-breaking performance of the S&P 500, fueled by robust corporate earnings, the US stock market surge is not just elevating investor sentiments but also triggering uncertainty in the crypto markets. As corporate earnings take the spotlight, attention is shifting towards the Federal Reserve’s future trajectory, leaving crypto enthusiasts
Robert Kiyosaki, a famous author and financial expert, has delivered a dire warning about the current status of the United States empire. He brought attention to the mounting national debt and said that Bitcoin (BTC), together with gold and silver, may be the solution. The investor went on to say
In a recent post on twitter, Polygon Labs CEO Marc Boiron announced the layoffs of 19% of the team. After several other firms announced layoffs amid last year’s recession, Polygon Labs has decided to fire 60 employees. Boiron stated: “We are on a mission to fundamentally change the internet so
Mike McGlone, a senior commodity analyst at Bloomberg, predicts that Bitcoin would underperform the stock market in 2024 when adjusted for risk, while gold could emerge victorious. In spite of the optimistic talk around the impending Bitcoin halving and the recent approval of spot Bitcoin ETF, the biggest cryptocurrency may
The volume of NFT trades in 2023 was almost half of what it had been in 2022. The figure dropped from $26.3 billion to $11.8 billion, as reported by CoinGecko. Crypto investors have mostly ignored NFTs in the last two years after the meteoric rise in value of blue chip
Unchained study estimates that 86M Americans own bitcoin, 26% of the total population 55% of US investors surveyed by Unchained report owning bitcoin New regulation, bitcoin spot ETF approval, and a US recession are the factors most likely to make US investors buy BTC next year One-third of US investors
DUBLIN–(BUSINESS WIRE)–The “Blockchain in Telecom – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. Global Blockchain in Telecom Market to Reach $114.2 Billion by 2030 The global market for Blockchain in Telecom estimated at US$1.2 Billion in the year 2022, is projected to reach a revised size
Bitcoin, the largest crypto by market capitalization, recently surged to a momentary high of $27,432. This is the highest point it has reached since the GBTC victory over the SEC on August 29. This has left the crypto community both puzzled and hopeful as the price subsequently tumbled to $26,868
