Economics news articles
Tokenized ‘space asset’ marketplace Copernic Space adds Mati Greenspan to advisory board
Mati Greenspan, founder of Quantum Economics and a leading cryptocurrency expert, has joined the advisory board of Copernic Space, a web3-ba...
El Salvador to Start Purchasing 1 Bitcoin a Day
The President of El Salvador, Nayib Bukele, announced via Twitter that the Central-American nation will start accumulating Bitcoin (BTC) at ...
Latest US Inflation Report Higher Than Expected – Bitcoin Swings 6%
A higher than expected CPI figure from the US Department of Labor released on October 13 saw Bitcoin’s (BTC) price immediately plummet, be...
Australian Inflation Hits 21-Year High as Crypto Market Eclipses $1 Trillion
The Australian consumer price index (CPI) has risen to 6.1 percent for the 12 months ending June 30, the country’s highest inflation l...
Bitcoin Dips Below $19,000 Amid Highest US Inflation Print in 40 Years
Bitcoin briefly dipped below US$19,000 on July 13 following the announcement of a higher than expected Consumer Price Index figure in the US...
Bitcoin Sinks Below $29k, its Lowest Level Since 2020
Bitcoin has continued its dramatic descent, falling below US$29,000 to its lowest point since December 2020. It’s currently hovering a...
90% of Central Banks are Exploring CBDCs: BIS Report
A survey by the Bank For International Settlements (BIS) has found that nine out of 10 of the central banks surveyed are exploring central b...
Crypto Markets Tumble Amid Worst Stock Market Sell-Off Since March 2020
Despite a short-lived rally mid-week, crypto markets have tumbled over the past few days as they follow the lead of the US stock market, whi...
Australian Consumer Price Inflation Records Largest Annual Increase Since 2000
Australia has this week recorded its largest quarterly and annual inflation increase since 2000. The ABS has released data stating the consu...
RMIT Proposes ‘Docklands DAO’ to Help Melbourne Precinct Recover From Pandemic
A report released by the Royal Melbourne Institute of Technology’s Blockchain Innovation Hub has proposed the creation of a decentralised ...
El Salvador’s Bitcoin-Backed Bonds Set to Roll Out Despite Geopolitical Turmoil
Late last year, El Salvador announced plans to raise US$1 billion using bitcoin-backed bonds. Half of the proceeds would go towards building...
US Inflation Hits Four Decade High of 7.9%
US inflation has hit a new 40-year high of 7.9 percent, driven by a surge in gas, food and housing costs, all of which are expected to incre...