Occupy Bitcoin: Bitcoin Is Not Just Libertarian

Bitcoin is not defined by the politics of the loudest voices in the space, in fact, many of them act in complete contradiction to their stated principles.

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‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’

Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signature Bank, Credit Suisse and others as the “Panic of 2023,” drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable and bleak, technocratic surveillance future leveraging central bank digital currencies (CBDCs) should nothing be [...]

The post ‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’ appeared first on Crypto Breaking News.

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Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations

On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were mentioned. Senate Banking Committee chairman Sherrod Brown claimed on Tuesday [...]

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Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis

After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist Charles Gasparino insists that Wall Street’s “low-rate” junkies are ignoring the U.S. banking crisis. Quill Intelligence CEO Danielle DiMartino Booth [...]

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Hillary Clinton Warns of ‘Worldwide Financial Meltdown’ and Dollar Losing Reserve Currency Status if US Defaults on Its Debt

Former U.S. Secretary of State Hillary Clinton has warned that the U.S. defaulting on its debt obligations could lead to a global financial meltdown. “If Congress keeps flirting with default, calls for dethroning the dollar as the world’s reserve currency will grow much louder,” she stressed. Hillary Clinton on U.S. Debt Default and Dollar Losing [...]

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Can artificial intelligence prevent the next financial crisis?

This article explores whether AI can prevent the next financial crisis by improving risk management and identifying potential threats.

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Anti-Russia Sanctions Will Trigger Global Economic Crisis, Russian Official Warns

Russia has warned that existing and new anti-Russia sanctions imposed by the U.S. and other Western countries will lead to a global economic crisis. “Both the current sanctions that have been imposed against our country and the new additional steps that Brussels and Washington are probably thinking about now will hit the global economy hard,” [...]

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Republicans Seek to Repeal Biden’s Inflation Reduction Act in Exchange for Raising US Debt Limit

There has been a lot of commentary concerning the U.S. raising its debt limit, as Treasury secretary Janet Yellen said last month that a U.S. default would be “devastating,” and European Central Bank president Christine Lagarde warned it would be a “major disaster” if the U.S. defaulted on its obligations. It now appears that Republican [...]

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Economist Peter Schiff Warns ‘Death Blow’ Coming for US Dollar — USD to Lose Reserve Currency Status

Economist Peter Schiff has warned that a death blow is coming for the U.S. dollar and the USD will lose its global reserve currency status in this financial crisis. “People are still reluctant to call it a financial crisis, but that’s exactly what it is, except it’s bigger in scale and it’s going to be [...]

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Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking

After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of fractional-reserve banking. Reports show that SVB suffered a significant bank run after customers attempted to withdraw $42 billion from the bank on Thursday. The following is a look at what fractional-reserve banking is and why [...]

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What is the global financial crisis and its impact on the global economy

The Global Financial Crisis was a widespread economic downturn that began in 2008 and resulted from the collapse of the housing market and investment banks.

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Cryptocurrencies are outpacing inflation – but traditional assets are not

Aside from bringing the world to a standstill, the 2020 pandemic brought on the largest fiscal stimulus program ever seen.

The post Cryptocurrencies are outpacing inflation – but traditional assets are not appeared first on CryptoSlate.

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Blockaded Palestinians in the Gaza Strip Turn to Bitcoin Amid Financial Chaos (Report)

Stranded Palestinians in the Gaza Strip have reportedly shown an increasing appetite for cryptocurrencies.

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Lebanese Embrace Bitcoin and Tether Amid Total Economic Crash

Bitcoin (BTC), Tether (USDT), and crypto mining thrive in Lebanon, where financial issues have shuttered the country.

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Research: Measuring liquidity with Bitcoin: Why this crisis spells trouble for Rolexes and real estate

With the 14th anniversary of the Great Financial Crisis of 2008 approaching, we are about to enter a new debt cycle that could reset the market.

The post Research: Measuring liquidity with Bitcoin: Why this crisis spells trouble for Rolexes and real estate appeared first on CryptoSlate.

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Australians Embrace Crypto Amid Record Inflation Numbers: Report

Prompted by the 32-year high inflation in Australia, an increased number of domestic investors have shifted their focus toward digital currencies.

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The World Is In Disarray, But The Worst May Be Over

Don’t be fooled by the news, the bitcoin price and stock market is stabilizing and natural gas stores are more than full. We may be past the worst days.

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Lebanese People Turn to Crypto Amid the Country’s Financial Collapse: Report

Some residents of Lebanon have started looking for alternative financial tools, specifically stablecoins, due to the economic knockdown of the country.

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Top Executives Quit as Babel Finance Sees Financial Woes

Top employees are leaving Babel Finance as the firm has not reached an amicable solution to its accounting challenges. Meanwhile, thousands of customers are still unable to access their funds. (Read More)

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Bitcoin Is The Answer To Financial Burnout

Burnout is experienced in numerous fields and finance is no exception. Bitcoin offers a viable and non-correlated alternative to a system known for burnout.

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