COVID-19

The Battle for the $2 Billion Venezuelan Gold Stash Continues, London Rules in Favor of Opposition Leader Guaido

July 31, 2022 Bitcoin.com

bitcoin.com

Her Majesty’s High Court of Justice in England has determined that the Venezuelan gold stored in the vaults of the Bank of England must be managed by officials of the Central bank of Venezuela designated by opposition leader Juan Guaido. The management of this gold stash, which is comprised of 31 tonnes of this precious […]

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From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

Krugman Says He Was ‘Wrong About Inflation,’ Summers Talks Recession, Biden Criticized Over ‘Half-Truths and Fibs’

July 24, 2022 Bitcoin.com

American Rescue Plan

In mid-June red hot inflation reared its ugly head in America once again, as the latest U.S. Bureau of Labor Statistics’ Consumer Price Index (CPI) report indicated that inflation in June rose at the fastest pace in over 40 years. U.S. president Joe Biden has been in office for 18 months now, and media reports […]

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From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

Kenyan Activists Say Cryptocurrencies Have the ‘Potential to Create New Ways for Young People to Earn’

July 24, 2022 Bitcoin.com

Benjamin Von Wong

According to some Kenya-based activists, raising funds through cryptocurrency and non-fungible tokens (NFT) sales is not only faster but less costly as well. The activists added that digital currency also has the “potential to create new ways for young people to earn, spend, save and send money.” Traditional Funding Channels Drying Up After the Covid-19 […]

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From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

Report: Bank of Spain Worried About Inflation and Its Consequences in Latam

July 18, 2022 Bitcoin.com

Argentina

The Bank of Spain has issued a new report about the performance of Latam economies during the first six months of the year. The document states that the current inflationary development that several countries of the region have can lead to institutional instability, even as the region is still recovering from the Covid-19 pandemic. Bank […]

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From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

South African Court Releases Former Monero Developer Riccardo Spagni From Custody

July 18, 2022 Bitcoin.com

Bitcoin

A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents, a report has said. Prior to his release, Spagni aka Fluffypony told the court he had returned to South Africa voluntarily and that […]

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From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

UN Report: Venezuela Ranks Third Among Countries With Most Crypto Adoption

July 11, 2022 Bitcoin.com

Adoption

Venezuela, one of the first countries in Latam to be considered “crypto-friendly” by some standards, has ranked third in adoption rates, according to a report issued by the United Nations. The report, issued last month, states that the cryptocurrency ecosystem has grown by 2,300% between September 2019 and June 2021, and that the Covid-19 pandemic […]

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From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

Kim Dotcom Says ‘US Is Beyond Bankrupt,’ Digital Entrepreneur Predicts a ‘Controlled Demolition of Global Markets’

June 6, 2022 Bitcoin.com

America

On June 5, 2022, the entrepreneur and activist known as Kim Dotcom published a post on Twitter and said it “may be the most important thread” he ever makes concerning a major global collapse. In the thread, Dotcom specifically highlights the American economy and he claims the “U.S. is beyond bankrupt.” Dotcom also talked about […]

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From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

After Defaulting Sri Lanka Plans to Print $2.8 Billion Worth of Rupees, Inflation Rate Expected to Top 40%

May 27, 2022 Bitcoin.com

bitcoin.com

The government in crisis-stricken Sri Lanka has said it will print more money and cut spending on infrastructure as part of an attempt to pacify the restive population. The government, however, concedes that printing more money will likely see the inflation rate rise to 40%. Printing More Money as the Solution After defaulting on its […]

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From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter

April 25, 2022 Bitcoin.com

50 basis-point rate hike

Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve rate hikes and China’s recent Covid-19 outbreak. As equities floundered on Monday, the crypto economy slid under the $2 trillion mark and gold prices dropped […]

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From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

Report: Japanese Carmakers Toyota and Nissan Enter the Metaverse

April 24, 2022 Bitcoin.com

Augmented Reality

Two Japanese carmakers, Nissan and Toyota, have launched operations in the metaverse. Nissan’s virtual showroom can host vehicle launches and other events, while Toyota’s workspaces are being used to hold employee meetings. ‘Limitless Possibilities’ Japanese carmakers Nissan and Toyota have become the latest global corporations to join the metaverse after a report said the former […]

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From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets