Bitcoin (BTC) Shows Resilience Amid Macroeconomic Uncertainties

Bitcoin remains resilient despite macroeconomic challenges and high leverage in the market. (Read More)

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Vitalik Buterin claws back crypto community's right to redefine 'inflation'

The Ethereum co-founder asserts the crypto community's right to redefine "inflation" as the increase in currency supply, challenging traditional economic definitions and addressing misinformation.

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Bitcoin analysis mostly noise, a $70K breakout is what matters

Another Bitcoin break above $70,000 will be a significant signal for traders, but according to Mati Greenspan, analysis is pretty futile until it happens.

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Top Meme Coins to Invest in This Week: Arctic Pablo, FLOKI, Dogs

Explore top meme coins to invest in this week including Arctic Pablo Coins deflationary meme coin presale, plus the latest on FLOKI and Dogs tokens.

The post Top Meme Coins to Invest in This Week: Arctic Pablo, FLOKI, Dogs appeared first on Kanalcoin.

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Maximizing AI Value Through Efficient Inference Economics

Explore how understanding AI inference costs can optimize performance and profitability, as enterprises balance computational challenges with evolving AI models. (Read More)

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Bitcoin (BTC) Shows Resilience Amid Economic Uncertainty

Bitcoin demonstrates resilience amid economic turmoil, outperforming traditional assets despite significant market volatility and macroeconomic challenges, according to Bitfinex Alpha. (Read More)

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Bitcoin Standard Author to Create Engaging Austrian Economics Curriculum for Schools in the UK

Lomond School Embraces Bitcoin Curriculum, Offers BTC Tuition Lomond School in the UK has taken a pioneering step by integrating a Bitcoin curriculum into its educational offerings. The school, known for its innovative approach to learning, is now allowing students to pay their tuition fees in Bitcoin. This bold move comes as part of a [...]

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Study: Generative AI Could Add Trillions to Global Economy

A new report by McKinsey & Company suggests generative artificial intelligence (AI) technologies could boost global economic output by trillions of dollars annually. The study, titled “The Economic Potential of Generative AI” and published June 14, 2023, analyzes the impact AI tools like Chatgpt could have across sectors. McKinsey & Company Study: ‘Generative AI Is [...]

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Cato Institute Experts: Dollarization ‘Protects Ordinary People’s Purchasing Power’

According to Cato Institute experts, full dollarization of the Argentine economy helps to protect “ordinary people’s purchasing power” from corrupt politicians and “often subservient—or simply incompetent—central bankers.” The experts said the loss of seigniorage should be seen as “an infinitesimal price to pay for the advantages of dollarization.” Fighting Inflation With Dollarization Argentina should consider [...]

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Shark Tank Star Kevin O’Leary Warns More US Banks Will Fail

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has warned that more banks in the U.S. will fail as the Federal Reserve continues to hike interest rates. He stressed: “It will break down in the regional banks, which support 60% of the economy … We’ve started to see the cracks.” Kevin O’Leary Foresees More Bank [...]

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BRICS Bank to Offer More Loans in Local Currencies — President Calls for ‘Diversified Global Currency System’

The New Development Bank (NDB), aka the BRICS bank, is seeking to offer more loans in local currencies to reduce dependence on the U.S. dollar and avoid foreign exchange risk. “We need to create a diversified global currency system,” NDB’s president stressed, adding: “In the future, it is unlikely that one single currency can dominate

The post BRICS Bank to Offer More Loans in Local Currencies — President Calls for ‘Diversified Global Currency System’ appeared first on BTC Ethereum Crypto Currency Blog.

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Russia Actively Shifting to Settlements in National Currencies, US Dollar Share Declining, Says Foreign Minister

Russia is actively shifting to settlements in national currencies with its partners, Foreign Minister Sergey Lavrov has affirmed. He expects the transition away from the U.S. dollar to only gain momentum. “This is true not only for Africa, but also for Latin America, our Asian friends, as well as Iran, India, and China,” the top [...]

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Central Banks Show ‘a Lot More Pessimism’ About US Dollar, Survey Shows

The latest gold reserves survey by the World Gold Council shows that central banks are less optimistic about the future role of the U.S. dollar while their confidence in gold has risen. “There was basically a lot more pessimism about the U.S. dollar and a lot more optimism for gold,” said the council’s director of [...]

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China Makes Advances in Ditching the US Dollar for Settlements — Inks Deal With Brazil and Completes First Yuan LNG Purchase

China has been advancing its goal of positioning the yuan as an alternative to the U.S. dollar for settling international payments. The Chinese government recently struck a bilateral deal with Brazil to settle trades using their national currencies and completed a purchase of Liquefied Natural Gas (LNG) with a French company using yuan as payment. [...]

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‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’

Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signature Bank, Credit Suisse and others as the “Panic of 2023,” drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable and bleak, technocratic surveillance future leveraging central bank digital currencies (CBDCs) should nothing be [...]

The post ‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’ appeared first on Crypto Breaking News.

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BRICS Emerges as the World’s Largest GDP Bloc, Propelled by China’s Rapid Expansion

BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By China’s growth, the group now contributes 31.5% to the global GDP, while the G7 provides 30.7%. BRICS Countries [...]

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Economist Peter Schiff Warns of US Dollar Devaluation and ‘Biggest Economic Disaster’ in History

Economist Peter Schiff has warned of “the biggest economic disaster” in U.S. history. He stressed that we are on the cusp of a financial crisis and “it’s going to be much bigger than the last.” In addition, he said the U.S. dollar is being debased in order to fund the bank bailouts. Peter Schiff Foresees [...]

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Russia to Enact Laws to Regulate Crypto Exchange Action; Profiles Use of Cryptocurrency to Bypass Sanctions

The government of Russia is preparing to regulate the establishment and action of crypto exchanges, abandoning its earlier proposal of the creation of a unique national platform. Anatoly Aksakov, head of the Russian State Duma Financial Markets Committee, stated that crypto exchanges could help Russia to bypass sanctions by using crypto to settle international payments.

The post Russia to Enact Laws to Regulate Crypto Exchange Action; Profiles Use of Cryptocurrency to Bypass Sanctions appeared first on BTC Ethereum Crypto Currency Blog.

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US Central Bank Expected to Raise Lending Rate by 25bps: Experts Predict Final Hike of 2023

After the most recent increase in the federal funds rate, the U.S. Federal Reserve is set to raise the lending rate by 25 basis points (bps) to 5.25% in three days, according to expectations. A recent poll of 105 economists revealed that 94 of them predict a 25bps rate hike will occur during the May [...]

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US Senator Rand Paul Warns of US Dollar Losing Reserve Currency Status — Says ‘It’s Not an Unfounded Prediction’

U.S. Senator Rand Paul has warned that the U.S. dollar could lose its status as a global reserve currency. “For a variety of reasons, both foreign policy as well as fiscal irresponsibility, yes, the dollar is in a precarious position,” said the lawmaker. Senator Rand Paul on U.S. Dollar Losing Reserve Currency Status U.S. Senator [...]

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