Recent monetary stimulus from China and Europe is shifting investor attention towards Bitcoin, especially as the US Federal Reserve feels pressure to cut interest rates amid a weakening dollar. Bitcoin’s recent price surge to $85,000 has raised questions, particularly as traditional markets like the S&P 500 have declined. While Bitcoin appears to be decoupling from ...
Inflation, once mainly a concern for emerging markets, has become a global issue post-COVID-19. With traditional safe-haven assets like gold and real estate facing challenges, Bitcoin is often viewed as a potential inflation hedge due to its fixed supply. However, its effectiveness varies by location. In countries like Argentina and Turkey, where inflation is rampant, ...
The US dollar has been the dominant global currency for decades, used in nearly 60% of foreign exchange reserves. However, its supremacy is being challenged due to geopolitical tensions and economic changes, prompting countries to seek alternatives. Sanctions against nations like Russia have led to increased use of cryptocurrencies, with some countries considering a shift ...
In a fascinating exploration of global bitcoin reserves, Bhutan stands out by mining its own cryptocurrency using hydropower. While other nations like the U.S. acquire bitcoin through law enforcement seizures, Bhutan’s approach is more sustainable and innovative, given its limited economic resources. Although Bhutan’s bitcoin holdings are smaller than the UK’s, they reflect a unique ...
Tech and business leaders have gathered in Davos, Switzerland for the World Economic Forum, where discussions are already focusing on the implications of Donald Trump’s presidency and advancements in artificial intelligence. As the event kicks off, Business Insider reports on the diverse conversations taking shape among influential figures. Key topics include the evolving role of ...
Artificial intelligence is on the verge of changing many industries, potentially adding $15.7 trillion to the global economy by 2030, according to PwC. Companies like Nvidia and Tesla are at the forefront of this transformation. Nvidia dominates the AI chip Market, powering innovations from chatbots to autonomous vehicles, while its technology is being used by ...
Artificial intelligence is poised to revolutionize various industries, potentially contributing $15.7 trillion to the global economy by 2030. Companies like Nvidia and Tesla are at the forefront of this transformation. Nvidia is a key player in AI, supplying GPUs that power advancements in automation, while also making strides in autonomous vehicle technology. Tesla, with its ...
Donald Trump’s potential second term as US president could focus heavily on cryptocurrencies, particularly his proposal for a strategic bitcoin reserve (SBR). This reserve would involve the US buying and holding large amounts of bitcoin, similar to the current strategic petroleum reserve. Advocates argue that an SBR could protect against inflation and currency devaluation, acting ...
In the final quarter of 2024, the crypto Market enjoyed a strong bull run, but rising government bond yields worldwide have begun to shift the trend. The U.S. 10-year Treasury yield has climbed to 4.70%, nearing a multi-year high and increasing over 100 basis points since the Federal Reserve first cut rates in September. The ...
As Asian markets open for the first full trading week of 2025, investors are keenly observing several developments. China’s currency and bond yields have sharply declined, raising concerns about the country’s economic outlook. Meanwhile, South Korea faces rising political tensions, and a major U.S.-Japanese corporate merger remains blocked. This week will also bring purchasing managers ...
