Petrodollar Collapse Accelerating in 2024, The Fuse Has Been Lit – Andy Schectman

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Andy Schectman, President and Owner of Miles Franklin, who discusses the official addition of five new members to the BRICS bloc as of January 1st. Schectman warns that the expanded alliance, which includes Saudi Arabia, accelerates the collapse of the petrodollar and ultimately leads to […]

What Happens When Major Currencies Start to Fail? – Lyn Alden (Pt 2/2)

(Part 2/2): Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Lyn Alden, Founder of Lyn Alden Investment Strategy, who says the price of money in the U.S. is controlled by 12 people. Alden discusses the opaque process of setting monetary policy in the U.S. and its global impact. She weighs in on BRICS […]

El Salvador’s Bitcoin Experiment 2 Years Later — Tristan Thoma

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Tristan Thoma, Director of Government & Payments at AlphaPoint, who gives an update on Bitcoin as legal tender in El Salvador. In September 2021, El Salvador became the first country to recognize Bitcoin as legal tender, requiring all businesses to accept the cryptocurrency.  *Oasis Pro* […]

Chile currency plunge, inflation rattle Latin America’s copper king

2022-07-11 08:07:55 In an interview with Reuters, Finance Minister Mario Marcel said that the country’s market-orientated model and free-floating exchange rate meant that while the currency could be more volatile, this didn’t necessarily reflect wider strains. “Because (Chile) has a floating exchange rate, it is more volatile than other Latin American countries, but the difference […]

Jervois Global Q2 2022 Results, Investor Call, Change to USD Presentation Currency

2022-07-04 06:55:03 Victoria, Australia – TheNewswire – July 4, 2022 – Jervois Global Limited (“Jervois” or the “Company”) (ASX:JRV) (TSXV:JRV) (OTC:JRVMF) advises that its Q2 2022 Quarterly Results and Investor Call will be held on Friday 22 July at 0900 Australian Eastern Standard Time (“AEST”). Registration for the investor call can be undertaken at […]

Biden executive order on cryptocurrency expected this week

2022-03-07 16:41:58 U.S. President Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark the first step toward regulating how digital currency is traded. The move comes as administration officials have raised concerns in recent weeks about Russia’s use of cryptocurrency to evade the impact of crushing sanctions in […]

Bitcoin could be laid low by miners’ malady

2022-02-22 05:27:54 Bitcoin miners are feeling the heat – and the pain’s rippling downstream to pressure prices. The cryptocurrency’s spectacular rally in 2021 drew thousands of entrants into mining, or producing new coin. As a result the hashrate, or combined computational power used by bitcoin miners globally, has roughly quadrupled over the past six months […]

China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets – Regulation Bitcoin News

2021-11-07 03:00:16 China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese central bank, the People’s Bank of China (PBOC). In addition, the government digital wallet has been downloaded by about 140 million people. Digital Yuan’s Adoption Rises, Nearly $10 […]

Mark Cuban’s Dallas Mavericks will give $100 in bitcoin to anyone who downloads the Voyager Digital app in the next 36 hours | Currency News | Financial and Business News

2021-10-28 09:12:20 Owner of NBA’s Dallas Mavericks Mark Cuban. Mark Halmas/Icon SMI/Corbis/Icon Sportswire via Getty Images Mark Cuban’s Dallas Mavericks is giving away bitcoin to anyone who downloads the Voyager Digital mobile application in the next 36 hours. Until October 30 at 11:59 p.m. CT, every person who downloads the app will get free bitcoin […]

These are the 3 main drivers behind bitcoin’s 35% rally over the past week, according to JPMorgan | Currency News | Financial and Business News

2021-10-07 08:13:15 Bitcoin Nurphoto / Getty Images Bitcoin’s near 35% rally over the past week comes as institutional investors seek an inflation hedge, JPMorgan said in a Thursday note. “Institutional investors appear to be returning to bitcoin perhaps seeing it as a better inflation hedge than gold,” JPMorgan said. These are the three drivers behind […]