China has responded sharply to U.S. President Donald Trump’s latest tariff hike, calling the United States a “joke” and imposing retaliatory tariffs of its own, as European Union leaders prepare an unusual visit to Beijing amid growing global trade tensions. Xi Criticizes Trade Isolation China responded forcefully on Friday to a dramatic tariff increase by […] Source link
Read MoreTag: Global
Global Liquidity Hits All Time High, Bitcoin To Follow?
According to data from Bitcoin Magazine Pro, the global money supply, also known as global liquidity, has hit an all-time high of $95 trillion; Bitcoin investors and analysts closely watch this key indicator, as higher liquidity has historically preceded major bull runs. Global liquidity is the total amount of money circulating in the global financial system. It encompasses the M2 money supply of major economies like the U.S., China, EU, Japan, etc. M2 includes cash, bank deposits, money market mutual funds, and other near-money assets. This figure recently hit $95…
Read MoreGlobal Crypto Advocacy Movement Reaches Canada
Stand with Crypto, a global movement advocating for sensible crypto innovation and policy, has expanded to Canada. Originating in the U.S. with over 1.1 million advocates, the movement is now active in the UK and aims to amplify Canadian voices. With approximately 5 million crypto holders in Canada, there is significant support for blockchain technology […] Source link
Read MoreOslo Freedom Forum Witnesses Global Momentum For Bitcoin And Activism
On Wednesday, social-minded Bitcoin proponents from Kenya to Canada to Russia convened on the final day of the 2024 Oslo Freedom Forum as part of the Financial Freedom Track event to offer their insights on how Bitcoin can be a tool for those around the world who need it most. Alex Gladstein, Chief Strategy Officer for the Human Rights Foundation (HRF), the organization that puts on the Oslo Freedom Forum, kicked off the day by discussing why Bitcoin is essential in a human rights context. He then read two pertinent…
Read MoreNoones CEO Ray Youssef Blasts Bitcoin Fees: ‘We Have Failed the Global South’
Ray Youssef, the former Paxful CEO, has commented on the negative impact of high transaction fees on bitcoin adoption in emerging markets. Youssef stated on social media that the recent developments in the bitcoin fee market have pushed users to alternatives such as USDT on the Tron blockchain over bitcoin in Global South countries. Noones […] Source link
Read MoreBitcoin's Role In Global Healthcare Access
Like so many industries today, the medical sector is seeing increasing global engagement. Patients aren’t just limited to the health and dental care that’s available on their doorstep. Medical facilities can effectively connect to consumers from across the planet. This has created a thriving medical tourism market. It should come as no surprise that greater freedom of choice in healthcare is being supported by decentralized currency solutions. More than ever before, patients and facilities are using Bitcoin, in particular, for treatment payments. Let’s look a little closer at this trend.…
Read MoreBitrefill Empowers Bitcoin & Crypto Travelers with Global eSIM Service Across 140 Countries
Bitrefill, a popular platform that sells gift cards for bitcoin, has announced its partnership with eSIM Go, enabling travelers in over 140 countries to pre-purchase an e-sim and have local data available as soon as they arrive, per a press release sent to Bitcoin Magazine. Now, Bitcoin enthusiasts and digital nomads can experience uninterrupted internet access across the globe, making jet-setting a breeze. This partnership unlocks a world of convenience for travelers on their journeys.. Sergej Kotliar, Founder and CEO of Bitrefill, stated “This service removes a lot of hassle related…
Read MoreHistory, objectives and an overview of the global alliance
BRICS is an acronym that represents an alliance of five major emerging economies: Brazil, Russia, India, China and South Africa. Jim O’Neill, an economist at Goldman Sachs, coined the phrase in 2001 to emphasize the combined potential of these countries in the global economy. BRICS is an informal alliance that strives to foster collaboration and communication among its member nations rather than a formal organization or alliance with a legally binding contract. Here’s an overview of the history, objectives and key aspects of the BRICS alliance: History of BRICS O’Neill published…
Read More‘Bitcoin Jesus’ says Ethereum is the front-runner for global crypto adoption
Early Bitcoin (BTC) investor and Bitcoin Cash (BCH) advocate Roger Ver claimed that Ethereum, not Bitcoin, will be responsible for driving the bulk of new users towards crypto. On a May 31 episode of the Show Me The Crypto podcast, Ver — labeled “Bitcoin Jesus” for his early Bitcoin advocacy — said that despite Ethereum’s scaling issues and the other layer-one “clones” that have popped up in its wake, the Ethereum ecosystem is still where the action is: “Even though Ethereum doesn’t have the biggest market cap compared to Bitcoin,…
Read MoreStrike Expands Global Reach, Introduces USDT Support And Unveils Enhanced App At Bitcoin 2023 Conference
At Bitcoin 2023 in Miami Beach, global bitcoin payments service Strike announced that their service is now available in 65 more countries spread across six continents. This coincides with the introduction of the ability to receive funds in U.S. dollar equivalents, namely USDT. In addition, the app received a major facelift and overhaul that has made the UI cleaner, the UX friendlier and also includes a new logo. Many of the countries that have been requested by users of Bitcoin Twitter are now able to instantly send and receive money…
Read More