Market Update: Economists Envision Global Recession While Crypto Prices Soldier On

Last week cryptocurrency prices bounced around after a majority of coins dropped in value on August 21. Today on August 26, digital currency markets have gained around 1.52%, gathering $4 billion since the initial slump. Despite the volatility, cryptocurrencies have consolidated and a few speculators believe a breakout is on the cards that could send […]

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The White House Just Blamed Bitcoin for America’s Opiate Crisis

The White House Just Blamed Bitcoin for America's Opiate CrisisThe opioid epidemic is the new devil Bitcoin is being blamed for inflaming, to be added to the already long list of heinous crimes crypto is supposedly responsible for, like terrorism, money laundering, and trafficking. While it’s painfully clear that the U.S. dollar is a much more common tool for these unethical and illicit activities, […]

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The Push to Kill Cash – Australia’s Proposed Ban Shows It’s Not Conspiracy Theory

The Push to Kill Paper Money - Australia's Proposed Ban Shows It's Not 'Conspiracy Theory'The supposed coordination of governments and tech companies to create a one-world, cashless society is often viewed as little more than fodder for silly Youtube conspiracy videos. After all, cash is still king in daily life, even in extremely high-tech, innovative societies like Japan. Upon closer examination, though, current realities like Australia’s proposed cash transaction […]

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Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks

Hong Kong Protest Leader Hopes to Incite Run on Chinese BanksThe 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark Hang Seng index, and now pro-independence activist, Chen Haotian, has called […]

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Central Banks Worldwide Testing Their Own Digital Currencies

Central Banks Worldwide Testing Their Own Digital CurrenciesCentral banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden. India has also included the digital rupee in the country’s draft cryptocurrency bill. Also […]

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