Economist’s Critique of Bitcoin as a Strategic Reserve Asset The Criticism Economist Peter Schiff recently made headlines for his scathing remarks about Bitcoin investors’ expectations of the cryptocurrency being designated as a strategic reserve asset. He likened this hope to political vote-buying tactics, drawing parallels between the desire for Bitcoin to be held by the…
Playing Catch-Up: Ethereum’s Price Struggles Amidst Record-Breaking Trading Volume The Hype vs. Reality It’s been an exciting few days for Ethereum enthusiasts, with a whopping $1.112 billion in trading volume making headlines. However, despite the strong investor interest and impressive numbers from ETFs like Bitwise’s ETHW and BlackRock’s ETHA, Ethereum’s price has failed to keep…
The cryptocurrency industry is always bustling with fresh developments MoonBag Presale Soars Past $3.6M While Slothana Stumbles The cryptocurrency industry is known for its fast-paced nature, where new projects are constantly emerging and vying for investors’ attention. One of the latest stories to capture the spotlight is the remarkable success of MoonBag’s presale, which has…
Living with Cancer: A Candid Account Finding Happiness in the Face of Pain Simon Boas, who wrote a candid account of living with cancer, passed away on July 15 at the age of 47. His words touched the hearts of many as he openly shared his journey battling this relentless disease. “My pain is under…
Spanish Police Bust Major Cocaine Smuggling Network Operation Leads to 50 Arrests Across Eight Countries Spanish police on Friday announced the takedown of a major network transporting Latin American cocaine into Europe by sailboat in an international operation involving 50 arrests across eight countries. This significant bust marks a major victory in the fight against…
It is just about everywhere and the Australian government has even called an emergency meeting amid the whole fiasco. Trading brokerages are also impacted but that hasn’t stopped the selling in the meantime. S&P 500 futures are now down 0.3% on the day with Nasdaq futures down 0.5%.Microsoft shares in Frankfurt are also down nearly…
Japanese Inflation Data Sparks Speculation A Closer Look at the Latest CPI Numbers Recently released data from Japan has revealed that the Consumer Price Index (CPI) for the month of June rose by 2.8% year-on-year, falling just short of expectations at 2.9%. This news comes just in time for the upcoming Bank of Japan (BoJ)…
UPC Raises Red Flag on Road Carnage, City Robberies Uganda People’s Congress (UPC) Raises Concerns Uganda People’s Congress (UPC) on Wednesday raised concerns about the Traffic Police Report that revealed that over 80 people died in road accidents in just a period of one week from 7th – 13th July, 2024. “The Party extends heartfelt…
