US gov’t debt downgraded — Huge news for Bitcoin?
On this week’s episode of Macro Markets, Cointelegraph analyst and writer Marcel Pechman explores the United States debt downgrade by Fitch Ratings. According to Pechman, this change signaled diminished confidence in the U.S. government’s ability to handle its fiscal responsibilities.The d ...
Buffett and Ackman take opposing sides on Treasury yields — What does it mean for Bitcoin?
Warren Buffett and Bill Ackman are two of the most successful investors in the world, but they have taken opposing views on the bond market in recent months.Only one can be right. Billionaire investor Bill Ackman says he is shorting US ...
US Treasury yields are rising — What does it mean for Bitcoin price?
United States Government bonds, or Treasurys, have a tremendous influence across all tradeable markets, including Bitcoin (BTC) and Ether (ETH). In that sense, risk calculation in finance is relative, so every loan, mortgage and even cryptocurrency derivatives depend on the cost of capital attrib ...
The first-world debt crisis means you can expect more pain ahead
The huge volume of sovereign debt in developed countries (particularly the United States) is often exploited to promote questionable theories about imminent financial collapse.However, the problem is real, and it has become much more acute due to interest rates rising in response to entren ...
De-dollarization: Is it really happening?
De-dollarization, the decline of the United States dollar as the world’s dominant reserved currency, is underway, and it’s gaining momentum. For over 100 years, the U.S. dollar has been the world reserve currency, which means it has been the dominant foreign currency held by central b ...
Blackrock CEO issues dire warning over ‘debt ceiling drama’ — Bullish for Bitcoin?
Blackrock CEO Laurence Fink believes the recent “drama” around the United States debt ceiling has deteriorated global trust in the U.S. dollar, something that other analysts predict could provide some tailwinds for Bitcoin (BTC).Fink’s comments came as U.S. House of Representatives on May ...
Robert Kiyosaki: “The U.S. is bankrupt and the only salvation is in bitcoin”
The American economist and author of the bestseller "Rich Daddy, Poor Daddy" again predicted the U.S. default and urged all Americans to buy bitcoins to save their savings. Robert Kiyosaki announced to his Twitter followers that the U.S. economy is worsening and the natio ...