Skepticism about the digital euro is strong in Germany, especially among older citizens who prioritize privacy and security in financial transactions. Many Germans remain resistant to the idea of a digital currency, with about half unable to imagine using it. Bundesbank President Joachim Nagel has called cash “sacred” in Germany, reflecting deep-rooted concerns about losing […] Source: https://news.bitcoin.com/privacy-fears-undermine-support-for-digital-euro-in-germany/
Rich Dad Poor Dad author Robert Kiyosaki has explained why he is preparing for a crash landing. He criticized U.S. leadership, including Vice President Kamala Harris, Treasury Secretary Janet Yellen, and Fed Chairman Jerome Powell, calling them “3-Stooges.” Kiyosaki advised his followers to invest in gold, silver, and bitcoin, emphasizing self-reliance over relying on the […] Source: https://news.bitcoin.com/robert-kiyosaki-advises-preparing-for-crash-landing-says-time-to-save-yourself/
US gov’t won’t sell $590M Bitcoin on Coinbase. Does Harris plan to continue Biden’s crypto crackdown? Hodler’s Digest Source: https://cointelegraph.com/magazine/silk-road-bitcoin-sale-bull-run-kamala-harris-hodlers-digest-cointelegraph-magazine/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
History is littered with failed predictions about the future of technology. Have we learned anything along the way? Source: https://cointelegraph.com/news/america-should-learn-from-the-optimism-hodling?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Economist and gold advocate Peter Schiff has recommended that the Federal Reserve raise interest rates instead of cutting them, even if it leads to a market crash. He acknowledged that this approach would likely cause stocks and real estate to crash, result in a hard landing, and trigger a recession, emphasizing the potential severity of […] Source: https://news.bitcoin.com/peter-schiff-urges-the-fed-to-raise-rates-and-let-markets-crash/
Inflation is not a natural phenomenon but a consequence of government actions. Milton Friedman famously argued that only the government can create inflation, and misguided policies, like price controls, worsen the problem. Friedman Famously Said: ‘Inflation Is Made by Government and No One Else’ Milton Friedman, a leading figure in economics, repeatedly emphasized that inflation […] Source: https://news.bitcoin.com/milton-friedman-on-inflation-a-government-made-disaster/
FOMO HOUR 181 – GIGA HITS $300M BTC ETFs: +$11m, ETH ETFs: -$40m. BTC hits $56k then rebounds, $176m liquidated. Schumer says crypto policy can pass this year. Tether mints another $250m on SOL. Bernstein moves several BTC miners to ‘Outperform’. Miners raised $2.2bn in Q2 to help cash crunch. EigenLayer TVL falls $351m after airdrop controversy. ARB announces staking.…
The organoids only live about 100 days, then, ostensibly, the AI dies. Source: https://cointelegraph.com/news/swiss-tech-firm-launches-ai-made-human-brain-cells-rental-service?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Favorable economic data this week bolstered market confidence, leading to a strong rally in equities, JPMorgan explained in a report published on Friday. With the Federal Reserve now likely to cut interest rates in September, the global investment bank advises investors to prepare by adjusting their portfolios accordingly. The futures market predicts a 100% chance […] Source: https://news.bitcoin.com/jpmorgan-prepares-investors-for-september-rate-cut-with-dual-investment-approach/
Bitdeer Technologies Group has set the stage for a $150 million convertible notes offering, featuring an annual interest rate of 8.5%. The deal is scheduled to wrap up on Aug. 20, 2024. This move aligns with a broader trend in the bitcoin mining sector, where firms have collectively secured $2.1 billion through stock offerings since […] Source: https://news.bitcoin.com/bitcoin-miner-bitdeer-unveils-150m-convertible-notes-offering-with-8-5-yield/
