Friday, April 19, 2024
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Bitcoin’s Historical Positioning Suggests an Intense Bull Trend is Looming

Bitcoin’s price action in recent times has been lackluster, providing investors and analysts alike with little insight into the state of its macro trend. This ongoing sideways trading may not be unprecedented, however, as a look at the cryptocurrency’s historical post-halving price action suggests that this may simply be one of

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Digital Yuan Has No Launch Date, Bank of China Stresses Amid Rumors of Looming Rollout

People’s Bank of China (PBoC) clarified that there is still “no timetable” on a formal digital yuan launch.In an interview published earlier today on the central bank’s website, PBoC Governor Yi Gang was asked about the CBDC’s official launch date, to which he replied:"These tests are just routine work for

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Warren Buffett’s Stock Moves Warn of Looming Recession for U.S. Economy

Berkshire Hathaway has moved into defensive stocks as stakes in recession-prone companies were cut. Warren Buffett’s heavy exposure to financials is now lower. Charlie Munger recently warned of “lots of troubles” ahead for the economy. Warren Buffett’s most recent stock purchases point to growing concerns that an economic downturn is right ahead. A Feb.

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