Bitcoin investors received a jolt of optimism on Fox Business’ Mornings With Maria on December 13, 2024, when Digital Chamber founder and CEO Perianne Boring unveiled a staggering price prediction. Speaking with host Maria Bartiromo, Boring suggested that bitcoin could surge to $800,000 in 2025 under economic proposals set forth by President-elect Donald Trump. Personnel is policy: Perianne Boring pic.twitter.com/52IPUr2owR — Mornings with Maria (@MorningsMaria) December 13, 2024 Boring’s insights underscore how policy-driven macroeconomic factors could catalyze bitcoin’s ascent to historic highs. With its fixed supply, bitcoin’s unique scarcity positions it…
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With Crumbling Economic Fundamentals, The Future Of Bitcoin Adoption In Norway Is Bright
This is an opinion editorial by Rune Østgård and Alexander Ellefsen, financial writers based in Norway. Although we don’t have exact numbers on Bitcoin adoption globally, we do know that the global average cryptocurrency adoption rate was estimated to be at about 12% in 2022 and that bitcoin currently has about half of the total market cap of the global cryptocurrency market. Turkey (27.1%) and Argentina (23.5%) topped the 2022 adoption list, and the countries with the most inflation seem to have the highest adoption rates. The oil-rich nation of…
Read MoreEmployees choose crypto paychecks amid economic instability
Political and economic tensions around the world are making some more willing to receive their pay in cryptocurrencies like Bitcoin (BTC), according to executives in the human resources industry. The share of salaries taken in cryptocurrencies and stablecoins has been on the rise over the past few years. This trend is driven not only by prominent athletes and politicians taking their pay in crypto, but also by ordinary people who want to hedge against all kinds of instability, according to goLance co-founder and CEO Michael Brooks. There are a number of…
Read MoreActivist Lawyer Accuses IMF and World Bank of ‘Economic Sabotage’ to Promote US Dollar, Urges Nigeria to Join BRICS – Africa Bitcoin News
Nigerian human rights activist and lawyer, Femi Falana, has accused the International Monetary Fund (IMF) and the World Bank (WB) of sabotaging the currency swap arrangement between China and Nigeria. Falana said the Nigerian central bank and the two global financial institutions are helping to perpetuate “the dominance of the United States dollar in Nigeria.” Nigerian Federal Government Accused of Dollarizing the Economy The International Monetary Fund and the World Bank are conniving with the Central Bank of Nigeria (CBN) to sabotage the country’s currency swap arrangements, Nigerian human rights…
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