Cryptocurrency Analysis and News Portal
Millions of households in the UK are eyeing insolvency as the mortgage crisis in the country looms following the interest rate hike. The possibility of a “mortgage catastrophe” or crisis as predicted by Britain’s finance minister Jeremy Hunt has added pressure on the shoulders of the government. The British government is expected
Read More
The huge volume of sovereign debt in developed countries (particularly the United States) is often exploited to promote questionable theories about imminent financial collapse.However, the problem is real, and it has become much more acute due to interest rates rising in response to entrenched inflation.The United States paid $475 billion
Read More
Former Bitmex CEO Arthur Hayes is expecting to see significant Bitcoin volatility in the latter half of the year, caused by a “powder keg” explosion from the United States banking crisis and soaring national debt. Hayes, who currently runs a crypto-focused investment fund Maelstrom, spoke on the What Bitcoin Did podcast on
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied High-profile financial experts, including “Rich Dad Poor Dad” author Robert Kiyosaki and legendary investor Stanley Druckenmiller, have expressed concerns over the burgeoning unfunded liabilities in the United States, painting a grim picture of the country’s
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Unmasking the tensions between crypto traders, wealthy tax evaders, and a potential financial crisis, U.S. president Joe Biden took a firm stance against biased fiscal deals. In the contested U.S. budget negotiations, an unexpected asset has come
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent video posted by popular cryptocurrency YouTuber, CryptosRUs, gave a comprehensive analysis of current economic events in the U.S. and their potential implications on the crypto market. US debt ceiling and economic uncertainty A pressing issue
Read More
In the latest Cryptox Report, we assed the risk of
Read More
Burry increased his stakes in several regional banks in Q1, including NYCB, PacWest, Western Alliance, and First Republic. Hedge fund manager and investor Michael Burry added new positions in several regional banks during the first quarter, regardless of the sector’s gross underperformance. Burry’s increased investment position in the sector contradicts the
Read More
Harvard economics professor Kenneth Rogoff, who previously served as the chief economist at the International Monetary Fund (IMF), has warned that the U.S. defaulting on its debt obligations could spark a global financial crisis. “It’s a very perilous situation and we are in unknown waters,” he warned. Harvard Professor of Economics
Read More
The largest cryptocurrency by market capitalization was recently trading at around $26,950, down over 3% in the past 24 hours. BTC had been hovering above $27,000 Thursday morning before dropping below the threshold around 1 p.m. ET. BTC has been trending downward for much of the past week as investors
Read More