Buffet Continues To Show His Ignorance Of Bitcoin
Warren Buffet’s famous views on bitcoin have not changed at all. He and his number 2 Charlie Munger have maligned bitcoin at every opportunity, and have compared it to “rat
RBA to Hike Rates For Rest of Year, No. 2 Pension Fund ART Says
Australian Retirement Trust, the nation’s second-largest pension fund, expects the Reserve Bank to hike interest rates for the rest of this year as consumer cost pressures are likely to remain
China manufacturing weakens further as lockdowns continue
China’s manufacturing activity fell to a six-month low in April as lockdowns continued in Shanghai and other manufacturing hubs in an attempt to stem COVID-19 outbreaks, according to a survey
Week Ahead: EMI CPI and GDP, US GDP, and BOJ Meeting Highlights
The US dollar is having a good month. Against the euro and yen, it is appreciating for the fourth consecutive month. Rising rates continue to appear to be the main Bitcoin Struggles To Breach $40,000 Level, Down 4% In Last 24 Hours
Bitcoin isn’t the king of cryptocurrency for nothing. Most major cryptocurrencies have dipped incredibly low on Saturday, and that includes Bitcoin (BTC) but it doesn’t seem to budge. Bitcoin was China Can Accommodate Fed’s Rate Hikes, Forex Official Says
China is able to accommodate the impact of the Federal Reserve’s rate hikes, a senior foreign exchange official said, downplaying concerns about the yuan’s weakness and capital outflows. Recent moves
GBP/USD plunges to 18-month-old fresh lows around 1.2820s on weaker UK data and dismal mood
The British pound plummets and breaks below 1.3000 and 1.2900 and reaches a fresh eighteen-month low around 1.2828, amidst a dismal market mood and continuing central bank speaking at an Ex-Goldman Exec Highlights Bullish Indicators and High Upside for Crypto Markets
Former Goldman Sachs executive Raoul Pal says that the crypto markets have reached their relative price low, and that the industry is positioning itself for another rally. Prior to founding macro economic Reserve Bank of Australia minutes may give clues on next rate rise
Economists will be hoping the minutes from the Reserve Bank’s latest board meeting will provide some further clues as to when an interest rate increase can be expected. Economists are