Michael Saylor said his company had anticipated eventual bitcoin volatility and is prepared to “HODL through adversity.” MicroStrategy took out a $205 million bitcoin-backed loan from Silvergate Bank in March 2022 and risks getting margin […]

Michael Saylor said his company had anticipated eventual bitcoin volatility and is prepared to “HODL through adversity.” MicroStrategy took out a $205 million bitcoin-backed loan from Silvergate Bank in March 2022 and risks getting margin […]
Welcome to Monday morning and market hell. As of 8:47 a.m. (ET) this morning, Dow futures are down 553 points; Bitcoin futures have lost 17 percent of their value on the news that cryptocurrency lender, Celsius Network, […]
The most dangerous words in monetary policy and economics are “this time is different.” The big mistake of politicians in Argentina is to believe that inflation is multicausal and that everything is solved with increasing […]
New Zealand tech CEO, Kim Dotcom did the math on the United States’ sovereign debt and he tweeted a thread about it, saying it may the most important thread that he may ever make. Kim explains that […]
One of the most detrimental aspects of an inflationary or stagflationary crisis is that, in most cases, housing costs tend to rise while home sales fall. It might seem counterintuitive; one would assume that as […]
Thanks to rampant inflation, socialism could soon become irreversibly entrenched in the US—just as it is in Argentina, Venezuela, and other countries. Rapidly rising food, housing, medical, and tuition prices are squeezing Americans—many of whom […]
Credit union and banking trade groups have released a joint letter to the chair and ranking member of the House Financial Services Committee, warning of “devastating consequences” if the Federal Reserve moves forward with a […]
One thing that banks do is allow you to take physical currency and deposit it into an account you have with them. You hand them a $100 bill and the bank credits your account $100. […]
Russia is considering allowing cryptocurrency to be used for international payments, Interfax news agency quoted a government official saying on Friday. “The idea of using digital currencies in transactions for international settlements is being actively […]
Gold mining is a global business, with hundreds of mining companies digging for the precious metal in dozens of countries. But where exactly are the largest gold mines in the world? The above infographic uses […]