Saylors BTC Purchase Hint Impacts Over 13K Institutions

According to a recent report, Michael Saylor, the CEO of MicroStrategy, revealed that over 13,000 institutions have shown interest in adopting Bitcoin as part of their investment strategy. Saylor hinted at the possibility of more institutions buying Bitcoin in the near future. This news has created a buzz in the cryptocurrency market, with many experts [...]

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BRICS Currency Will Erode US Dollar’s Dominance, Former White House Economist Warns

Former White House economist Joseph Sullivan has warned that a BRICS currency would erode the U.S. dollar’s dominance. If member nations use only a common BRICS currency for international trade, “they would remove an impediment that now thwarts their efforts to escape dollar hegemony,” he described. Former White House Economic Advisor on BRICS Currency and

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Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector

Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update on Thursday, the company stated that there is still a risk to the U.S. economy. The managing director of credit strategy at Moody’s explained that the country “will be unable to curtail [...]

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Michael Saylor slams "misinformation" about Bitcoin's energy use

Michael Saylor claims Bitcoin mining could become a clean, profitable, and modern industry that generates hard currency for remote locations in the developing world.

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US Debt Ceiling Dramas Diminish Dollar’s Credibility and Reputation as Safety Asset, Warns Devere CEO

The CEO of investment management firm Devere Group has warned that the U.S. debt ceiling dramas have weakened the U.S. dollar’s “global reserve currency’s credibility and reputation as a ‘safety asset.’” He cautioned that Congress’ debt ceiling deal “does not solve the underlying political challenges facing the U.S. and its economy.” ‘Using the Country’s Debt [...]

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