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Search Results for: inflation

Russia Tags Meta (Facebook) as Terrorist and Extremist Group

The article also made accusations of “Russophobia” on behalf of the Meta.  Meta appealed the decision in a Moscow court. Their appeal, however, was denied. Russia’s conflict with the West has reached a new level of intensity. Federal Financial Monitoring Service Rosfinmonitoring has classified the social networking business Meta as

October 11, 2022 2 mins read

Ark Invest’s Cathie Wood Criticizes Fed Over Interest Rate Hike

One of his key goals of Fed is to reduce inflation to below two percent.  She points out that the Fed has approved four straight rate rises of 75 basis points. Ark Invest CEO and Chief Investment Officer Cathie Wood blame the Federal Reserve for deflation. To reduce inflation, the

October 11, 2022 2 mins read

MicroStrategy’s Michael Saylor Claims Bitcoin Superior to CBDC

Michael Saylor thinks Bitcoin is also superior than gold and real estate. MicroStrategy and its subsidiaries now have almost 130,000 BTC in their possession. Michael Saylor, the founder of MicroStrategy and Bitcoin maximalist, stated that CBDCs are unstable and doomed to fail. Bitcoin is superior, he says, because of its

October 10, 2022 2 mins read

MENA Region Crypto Volume Tops as per Chainalysis Report

With a year-over-year increase of 120.9%, Morocco comes in at number two. transaction volume in Egypt tripled compared to the preceding year. Chainalysis reports that between July 2021 and June 2022, MENA consumers saw a 48% increase in crypto transaction volume, reaching $566 billion. Among the eight areas studied, this

October 9, 2022 1 min read

Robert Kiyosaki Revealed His Bitcoin Investments With Pension Funds

Robert Kiyosaki says pension funds are the biggest investment in the world. Kiyosaki stated the pension crisis highlighted central banks’ inability to control inflation. Robert Kiyosaki, the well-known author of the best-selling book Rich Dad Poor Dad, has explained his reason for buying bitcoin. Also, he explained how pension funds

October 9, 2022 1 min read

Crypto Market Fumbles Post U.S Unemployment Data Release

Pre-market trading saw declines of more than 1% for the S&P 500. Non-farm payrolls in the United States for September came in higher than forecast. When the September non-farm payroll report from the U.S. Bureau of Labor Statistics was made public, the price of bitcoin dropped by more than 4

October 7, 2022 2 mins read

DappRadar Q3 Report Reveals The Crypto Market Recovery

The market cap of cryptocurrencies increased 8.5% ($981M) in Q3. According to the report on the crypto market signaling recovery from the bear market. A market analysis report from DappRadar for the third quarter (Q3), which uses on-chain data, indicates the cryptocurrency market’s recovery from the current bear market conditions.

October 7, 2022 2 mins read

Market Hawkishness Likely to Reduce Post U.S Jobless Claims

A surge in new unemployment claims may spark a cryptocurrency bull run. The cryptocurrency market’s future is being set by the state of the economy as a whole. Initial weekly unemployment claims data for this week have been provided by the US Department of Labor. The initial jobless claims increased

October 7, 2022 2 mins read

Paystand Upgrades its Sage Intacct Integration, Helping Enterprise AR Teams Put Collections on Auto-Pilot and Accept Payments in a Flexible Manner

New updates for Sage Intacct users provide enterprise grade multi-entity support, automated collections, multi-invoicing, virtual terminal and auto-pay SCOTTS VALLEY, Calif.–(BUSINESS WIRE)–Paystand, the global leader in blockchain-enabled B2B payments, today announced a series of upgrades to its Sage Intacct integration. Paystand first unveiled its partnership with Sage in May 2021,

October 7, 2022 3 mins read

National Debt of United States of America Surpasses $31.4T

Recent estimates put daily debt growth in 2022 at $5.6 billion. US inflation reached a 40-year high, another factor in the hike in interest rates. The global spread of the epidemic only caused misery for people everywhere. The fight against the deadly coronavirus brought home to millions of people the

October 5, 2022 1 min read