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Forwarded from The Economy News
Germany Wants Energy Exemption From Russian Sanctions

Germany has reportedly demanded that Russia’s energy sector is left out of Washington’s proposed sanctions over the Ukraine crisis as gas and oil supplies to Europe could be crippled. (Bloomberg)

Earlier this month German newspaper Handelsblatt reported that the US and the EU have refused to consider removing Russia from the international SWIFT bank payment system for similar fears about destabilizing financial markets.

Other planned sanctions include a block on exchanging rubles into foreign currencies.

♨️ t.me/TheEconomyNews
Saudi Arabia Sinks $1.5 BILLION into Launching Gaming & E-Sports Group “Savvy”

The kingdom's Public Investment Fund has announced it aims to become the "leading gaming and e-sports group domestically and internationally," after buying out Swedish firm MTG.

🤖 t.me/CryptoPunksClub
Forwarded from The Economy News
Media is too big
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RON PAUL "What they don't tell you is that the #1 reason the Fed exists is to keep the stock market high."

Former US Congressman, Dr. Ron Paul, on the long-term impacts of the US Central Bank flooding the market with trillions of Dollars in cheap money and claiming to fight inflation, while doing the opposite…

♨️ t.me/TheEconomyNews
Forwarded from Gold Trade News
Gold Sinks on Whispers of Interest Rate Hike

Gold hit a two-week low on Thursday, as the dollar strengthened on news of a potential interest rate hike in March. (Reuters)

The 1% drop in price for the precious metal followed on from a sell-off on Wednesday, as the markets react to Fed chief Jerome Powell's hint as raising rates.

🏆 t.me/GoldTradeNews
Forwarded from Supvo
Reddit “Meme-Stonks” Crowd Responsible for Tanking Robinhood?

Almost a year on from the trading platform's infamous struggle with GameStop - when the apes of Reddit plowed capital into struggling stocks - Robinhood is plunging again. (Bloomberg)

Since the events of Jan 2021, user growth and engagement has slowed resulting in a net loss of $334.6MN.

Meanwhile, Robinhood's stocks have tanked, plunging 67% since its July debut to record lows.

📱 t.me/supernarrativ
Forwarded from The Economy News
Beijing-Brussels Legal Battle: EU SUES China for “discriminatory trade practices” against Lithuania

The European Union has launched a WTO case in response to a Chinese block on trade with Lithuania - after the Baltic state deepened ties with Taiwan.

The bloc’s ambassador to the World Trade Organization, Joao Aguiar Machado, complained it would affect supply chain issues across the EU, but China has warned the bloc not to interfere with - what it considers - a bilateral dispute.

♨️ t.me/TheEconomyNews
EUR All-In: Belgian MP Backs BTC - Ditches Euro Salary for Crypto

Christophe De Beukelaer has become the EU’s first lawmaker to switch his salary into Bitcoin for a year - rather than traditional currency. (Bruzz)

He claims to be Europe’s first politician to “put a spotlight on cryptocurrencies with such a gesture” - following two politician trend-setters in the US.

More risky business in Brussels? Or just buying the dip?

🟡 t.me/CryptoSignalsMust
Forwarded from The Economy News
Chip Shortage Crisis: UK PLUNGES to 65-year low for Car Production

Fewer than 900,000 vehicles rolled off UK production lines in 2021, the lowest number since 1956, due to the crisis of semiconductor chips that could affect the industry into 2023 experts fear.

Last year’s production marked a drop of 6.7% from 2020, and 34% from pre-pandemic levels, as the industry body’s CEO Mike Hawes warned the chip problem was far from the only hurdle.

He also cited 70% energy cost hikes, staff shortages due to Covid regulations, Brexit paperwork affecting electric car battery imports and near 30-year high inflation as compounding the issue.

♨️ t.me/TheEconomyNews
Forwarded from PEPE nft official
Next SBMK rollout in 3 days!!!

If you can‘t see the
SBMK chat on android or iPhone please use the Telegram Web:
https://web.telegram.org

Chat t.me/SBMKchat
Web: www.SBMK.me
Linktree: www.linktr.ee/SBMKme

♦️ t.me/SBMKme
Forwarded from Cardano Report
Cardano adds over 9,000 wallets on average daily in 2022

The number of wallets containing the Cardano network’s native currency, ADA, has increased significantly in 2022 as the blockchain grows.

It’s worth noting that the number of Cardano wallets has climbed by 13.08% since the beginning of 2022, rising from 2,666,372 on January 1 to 3,015,400 on February 7, a total gain of 349,028.

⭕️ t.me/CardanoReport
Forwarded from Blockchain Report
Russians Mining Crypto to Pay at Least 15% Tax, Companies – No Less Than 6%, Lawmaker Says

Private individuals mining cryptocurrency may expect a higher tax burden than businesses involved in the industry, a high-ranking member of the Russian parliament has indicated.

While the extraction of digital currencies is yet to be regulated in Russia, authorities lean towards recognizing it as an economic activity, which will allow the government to tax mining profits.

🥅 t.me/BlockchainReport
Forwarded from Best Token News
Rich Dad Poor Dad's Robert Kiyosaki Says the Fed and Treasury Are Destroying the Dollar, Advises Saving Bitcoin

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that the Federal Reserve and the Treasury are destroying the U.S. dollar. Noting that they are sending billions of dollar savers and uninformed investors to “financial hell,” he advised, “Save gold, silver, and bitcoin.”

Robert Kiyosaki, the author of Rich Dad Poor Dad, tweeted this week that the Federal Reserve and the U.S. Treasury Department are “destroying the dollar.”

⚜️ t.me/BestTokenNews
Forwarded from The Economy News
⚡️Money Loundry? Pfizer forecast in 2022: $32BN in Covid vaccine sales, $22BN for a Covid pill that does not have any effect against Covid (AFP)

♨️ t.me/TheEconomyNews
Forwarded from The Economy News
5 Million People in the UK Living in Food Poverty (reports)

Amid rising food costs and soaring energy bills 5 million people in Britain have experienced food insecurity in the past month, Food Foundation data finds.

8.8% of all UK households fall into the category compared with 7.3% in July 2021.

Energy and food price rises are having a “devastating” impact on millions of people the foundation said.

♨️ t.me/TheEconomyNews
Forwarded from SBMK info
Is it what you want? Matrix for plebs, reality for elites?

Elon Musk’s Neuralink Could Give Users Orgasms on Demand

Although Neuralink’s initial use is intended for people living with disabilities, some researchers would like to take things further. (Daily Star)

Researchers have been exploring the idea of stimulating the brain’s pleasure centers directly using the revolutionary technology.

Potentially Neuralink could offer “orgasm on demand,” some researchers say.

🚀 t.me/ElonMuskInfo
Forwarded from Bitcoin Inventors
Crypto market ends week gaining over $160 billion as Bitcoin holds strong above $40k

According to data obtained by Finbold, as of February 6, 2022, the cryptocurrency market had regained the $1.9 trillion market cap after adding $162 billion in capital from January 31, 2022.

Validation for Bitcoin's recent upward reversal indicators In recent days, technical indicators have pointed to an upward reversal for Bitcoin above the $40,000 mark. Following the latest gains, the focus will be on whether bitcoin and the rest of the market can sustain the momentum.

📀 t.me/BitcoinInventors
Forwarded from PEPE nft official
Second SBMK rollout in After Tomorrow (in 2 days)!!!

If you can‘t see the
SBMK chat on android or iPhone please use the Web Telegram:
https://web.telegram.org

Chat t.me/SBMKchat
Web: www.SBMK.me
Linktree: www.linktr.ee/SBMKme

♦️ t.me/SBMKme
Forwarded from Sablecoin News
Stablecoins total market cap just surpassed $150 billion ⁠— Tether’s USDT is still the largest, but Center’s USDC is catching up

As reported in a blog post by researchers Kyle Waters and Nate Maddrey at Coin Metrics, analyzing recent on-chain trends in stablecoin activity, the total market cap of all stablecoin taken together surpassed the $150 billion mark on Monday.

In 2021, total stablecoin transfer volume didn't cross $500 billion until mid February, and in 2020, it took stablecoins until October before passing $500 billion in total value settlements.

❇️ t.me/StablecoinNews
Forwarded from Best Token News
Federal Reserve and MIT Begin Developing a New Digital Dollar

The United States Federal Reserve and researchers at the Massachusetts Institute of Technology (MIT) are collaborating on a central bank digital currency (CBDC) initiative called Project Hamilton.

Project Hamilton has now tested a digital dollar that the Fed claims can process 1,700,000 transactions per second. According to the project’s whitepaper, Our primary goal was to design a core transaction processor that meets the robust speed, throughput, and fault tolerance requirements of a large retail payment system. Our secondary goal was to create a flexible platform for collaboration.

⚜️ t.me/BestTokenNews
Forwarded from Bitcoin Inventors
U.S. crypto lobbying expenditure doubles in 2021 fueled by regulatory uncertainty

Data presented by Finbold shows, that money spent on crypto lobbying increased by 116% in 2021, with $4.9 million being leveraged to try to influence lawmakers and public authorities with Robinhood, Ripple, and Coinbase dominating the amount spent on crypto lobbying.

The figures are based on the report published in February 2022 by the digital assets-focused website Crypto Head. Last year, Robinhood spent the most on cryptocurrency lobbying in 2021 making a $1.35 million contribution to crypto lobbying expenditures.

📀 t.me/BitcoinInventors