How does the economy work?
The economy is a system of producing and exchanging goods and services in a society.
Auto Added by WPeMatico
Bitcoin dips below $16.7K as US GDP meets fresh BTC price ‘death cross’
Bitcoin has never seen this particular "death cross" before in its life, one analyst notes as BTC price weakness continues.
Russia’s GDP Decline Less Severe Than Expected, Wall Street Returns to Russian Bonds, Putin Criticizes US ‘Hegemony’
While the ongoing war in Ukraine continues, the Ministry of Economic Development of the Russian Federation detailed this week that Russia’s economic hardships are less severe than expected. Russia’s economic…
Semantics? Analysts unpack ‘technical recession’ as crypto markets recover
Cryptocurrency market analysts unpack the ramifications of consecutive quarters of negative GDP growth in America.
3 Bitcoin trading behaviors hint that BTC’s rebound to $24K is a ‘fakeout’
BTC price surged above a key resistance cluster, but its market structure and technical analysis suggest the move is just another trap.
Despite the White House Debate, Critics Insist US Officially in a Recession After 2 Consecutive Quarters of Negative GDP Growth
The U.S. economy has declined for the second-straight quarter as the country’s gross domestic product (GDP) declined by 0.9% in Q2. The Bureau of Economic Analysis’s summary of the U.S.…
U.S. Enters Recession Territory With Second-Quarter GDP Falling 0.9%
The U.S. has reported its second consecutive quarterly decline in Gross Domestic Product growth. U.S. GDP Shrinks 0.9% The U.S. economy is in a technical recession. According to the data...
IMF global outlook suggests dark clouds ahead for crypto
The IMF has forecast economic growth to slow from 6.1% last year to 3.2% in 2022, which some believe will have negative consequences for crypto.
Ghana Ranked as Country With Second-Highest Debt Default Risk Globally
According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps),…
Crypto community eyeing three macro events to tip crypto scales in July
Despite the gloomy macro forecasts, some of crypto’s leading pundits view the recent macroeconomic-catalyzed crypto market crash as an overall positive sign for the industry.