The Crypto Meltdown: What is Fueling The Latest Crypto Crush?

The Crypto Meltdown: What is Fueling The Latest Crypto Crush?

ByMike Joel

In what has been dubbed the “crypto meltdown,” the value of cryptocurrencies has plummeted in recent months. After reaching dizzying heights last fall, the market has now crashed, with the value of the cryptocurrency market dropping from $2.9 trillion to less than $900 billion in just a few short months. This dramatic decline is primarily…

The Euro Zone has Raised Interest Rates for the First Time in 11 years. Is this a Sign of Bad Things Getting Worse?

The Euro Zone has Raised Interest Rates for the First Time in 11 years. Is this a Sign of Bad Things Getting Worse?

ByMike Joel

In a more significant than expected action intended to combat inflation throughout the Eurozone, the European Central Bank (ECB) announced a hike in interest rates for the first time in more than ten years. The increase will become effective on July 27. Ironically, Mario Draghi resigned from his position as prime minister of Italy on…