Archive May 2023

Will the United States default on its debt? Sooner than we think. But to whom? China, Russia…

During the second edition of the Avalanche Summit in Barcelona from May 3rd to 5th, the Cointribune team had the opportunity to meet and exclusively interview Emin Gün Sirer. He is a former professor at the prestigious Cornell University in the United States and CEO founder of Ava Labs.

Right now, the dollar is at the center of global economic debates. Some have already announced that the era of American currency hegemony is coming to an end. And in the currently bleak economic context of the country, some are considering how to adapt to this anticipated change. Bitcoin could contribute significantly to this.

Australian bank Westpac has banned its clients from depositing money into Binance. Another blow for CZ given the ongoing lawsuits by the CFTC in the United States.

The Ripple vs. SEC trial has been a long-awaited event. Although Judge Torres has not yet delivered her final verdict, the recent decision she made indicates a potential victory for the company behind XRP in the near future.

The United States government is struggling to find a solution to the debt ceiling. As a result, the markets are holding their breath and fearing default. In our previous article, we discussed the role of long cycles in monetary policy. In this context, French debt is also a cause for concern. The presented stability plan already appears optimistic. It is evident that difficulties in managing public debts would have dramatic consequences for the markets and the global economy. Let's take a closer look.

While Bitcoin is booming at the Miami Beach conference, Mike McGlone has made an unpleasant prediction for crypto investors. According to his analysis, the flagship cryptocurrency will suffer a decline if the conditions mentioned below happen.

Always at the center of speculation, Bitcoin continues to make headlines. Ever since it regained momentum, almost all analysts expect the asset to explode. Perhaps not to the same extent, as some believe Bitcoin is undervalued.