How Bitcoin Could Have Saved UK Households $1.5 Trillion
Amid the disastrous Brexit and rapid devaluation of the British pound, researchers discovered that a safe asset like bitcoin could have saved UK households US$1.5 trillion in total. Credit Suisse, a multi-billion dollar Swiss financial company and banking group, recently revealed in an interview with CNN money that UK household wealth has declined by $1.5 trillion as a direct result of Brexit. Almost immediately after Brexit was finalized, most financial investments and assets plummeted in value. The british pound reached a record low against the US dollar as well as other reserve....
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One in every 10 households in six eurozone countries has acquired cryptocurrencies, the European Central Bank (ECB) has found with a new survey. While the richest are most likely to own crypto assets, poor families are not far behind, the poll indicates.
Dutch Households Lead in Terms of Crypto Ownership, ECB Survey Shows
Every tenth eurozone household has purchased bitcoin or other cryptocurrencies, according to the latest Consumer Expectations Survey conducted by the European Central Bank (ECB). Europe’s financial authorities are now trying to establish if the crypto....
Despite a large following, there seems to be much unknown about the foremost meme coin, Dogecoin. In a bid to get the crypto community more acquainted with Dogecoin’s history, Litecoin maximalist Shan Belew has moved to inform the community about this historical event that saved the meme coin. How Litecoin Saved Dogecoin Belew tweeted that […]
On Saturday, politicians in the U.S. approved the massive $1.9 trillion Covid-19 relief package dubbed President Biden’s “American Rescue Plan.” The stimulus plan will see American citizens earning $75k or less eligible to receive $1,400. Moreover, households will get an additional $1,400 for every dependent child claimed. Despite the direct cash payments, Biden’s American Rescue Plan is also filled with pork-barrel items that have nothing to do with coronavirus relief. The So-Called ‘American Rescue Plan’ Americans are expecting a third stimulus check....
Russia’s cold climate and cheap energy lead thousands of households to mine bitcoin.
While inflation has kicked up in the U.S., following the massive stimulus issued by the Federal Reserve, investor and financial writer Lyn Alden Schwartzer published a report that shows “U.S. households now have record high exposure to stocks.” The news comes at a time when many analysts and economists believe equities markets are in a colossal bubble. Dow Sheds 900 Points, Financial Expert Lyn Alden Schwartzer Publishes Report on US Household exposure to Stocks Stock markets saw some significant carnage on Monday as the Dow Jones Industrial Average lost 900 points in the....