A wave of small businesses in Bolivia is embracing cryptocurrencies as the country’s financial crisis deepens, marking a dramatic shift in how locals seek to protect their livelihoods and savings. According to a new report by Reuters, restaurants, beauty salons, and other small enterprises are turning to crypto payments as trust in the Bolivian boliviano…
Bitcoin’s (BTC) rally has hit a wall at $104,000 as concerns over rising US tariffs ignite fresh inflation fears. The Federal Reserve shared an update on US tariffs, which could further contribute to the growing inflation rate already affecting the economy. With US tariffs update fueling fresh inflation concerns and Bitcoin (BTC) losing steam, FloppyPepe…
In the first week of April, data published by the U.S. Bureau of Economic Analysis (BEA) reported that the Federal Reserve’s primary measure of inflation—the Personal Consumption Expenditures (PCE) price index—had increased by 2.3% compared to last year’s figures. Although this was lower than February’s 2.7% increase, the index was higher than economists’ forecasts, which…
This type of purchasing is driven by a fear of prospective price increases while creating an economic “activity” that is “artificially high.” The result is that we risk falling into a sharp slowdown, as noted by Chicago’s Federal Reserve president, Austan Goolsbee. While Goolsbee’s claim of preemptive purchasing taking place is accurate, the impacts for…
The latest CNBC All American Economic Survey indicates that President Trump’s economic approval ratings are plummeting, hitting a new low in his presidency. This drop coincides with the public’s discontent about the administration’s management of tariffs, spending inflation, and expenditures, indicating heightened concerns about the economy’s trajectory on the governmental level. Economic Optimism is No…
As new data reveals an easing in inflation, the UK economy welcomes a temporary respite from rampant price growth. The muted celebration comes, however, with a caveat that this relief might be overshadowed by a period of heightened inflation exacerbated by President Trump’s trade policies. Inflation Slows: A Momentary Glimmer of Hope The most recent…
Iran is entering a new economic revitalisation phase, with the government issuing 26 separate packages covering the most important problems and formulation practices. This bold plan seeks to transform the economic situation in the country and move it to a more prosperous path. An Integrated Action Plan: The Iran Economic Reconstruction Programme Head of Macro…
Kryptonary delivers the latest crypto news, market insights, and trends to keep you informed and ahead in the fast-evolving world of digital assets..
