Global Economy Archives - Jack Of All Techs

Tue. Mar 21st, 2023

Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains

Mar 18, 2023 Jimmy Rivera

At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 per unit. Seven days later, gold rose 9.65% against the U.S. dollar to…

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Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa

Mar 15, 2023 Jimmy Rivera

After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by…

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US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision

Mar 14, 2023 Jimmy Rivera

The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for all…

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Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking

Mar 12, 2023 Jimmy Rivera

After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of fractional-reserve banking. Reports show that SVB suffered a significant bank…

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Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil

Mar 11, 2023 Jimmy Rivera

According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson cited deteriorating…

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Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia

Feb 27, 2023 Jimmy Rivera

The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that Mawson has delivered six modular…

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US Inflation Remains Higher Than Expected, Raising Concerns Among Investors

Feb 14, 2023 Jimmy Rivera

U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to…

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All Eyes on the Next Fed Meeting: Market Trajectories Hinge on Decision

Jan 21, 2023 Jimmy Rivera

Equities, precious metals, and cryptocurrencies have been on a tear during the last three weeks of 2023, and all eyes are now focused on the next Federal Open Market Committee…

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FTX Donations to Early Covid-19 Researchers Raise Questions of Propaganda Tied to Pandemic Prevention

Jan 12, 2023 Jimmy Rivera

While the former CEO of FTX, Sam Bankman-Fried, awaits his trial at the end of the year, reports indicate that the company donated millions of dollars to early Covid-19 researchers.…

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Top 3 Macroeconomic Events to Watch in 2023 Amid Volatile Market Conditions

Jan 1, 2023 Jimmy Rivera

2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop remains uncertain. Macroeconomic events will continue to shape the crypto economy and the…

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“Glowing Skin, Confidence Boost: A Guide to Radiant Skincare”
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Credits

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