marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
chaos
05/20/2022
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By Kevin Hughes
Domino effect: TerraUSD collapse sends Bitcoin, Ethereum crashing
A recent market meltdown in the broader crypto market has cryptocurrencies like Bitcoin and Ethereum suffering huge losses. The massive meltdown was caused by the collapse of TerraUSD, one of the world’s biggest stablecoins. TerraUSD traded for as low as 23 cents amid panic selling and triggered a meltdown that sent cryptocurrency values plummeting. (Related: “Stablecoins” Terra and Luna crater, […]
05/13/2022
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By Mike Adams
CRYPTO CARNAGE and market mayhem foreshadowing the “mother of all collapses” to come
The absurd but often-hyped claim that “crypto is digital gold” has collapsed. The LUNA token, part of TerraUSD “stablecoin” ecosystem, turned out to be entirely unstable, collapsing to zero after a massive hyperinflationary LUNA token creation event (combined with a redemption / selloff factor) that plunged into a death spiral this week. All LUNA investors […]
05/13/2022
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By Ethan Huff
CoinDesk outs Terra stablecoin founder as the same person behind failed “Basis Cash” experiment that crashed and burned
Terra creator Do Kwon is apparently a longtime scam artist who also put together the failed algorithmic stablecoin “Basis Cash” (BAC), which was launched through Ethereum in 2020. Just like the now-failed Terra coin, BAC “sought to maintain a $1 peg through code, not collateral,” according to CoinDesk. BAC ultimately failed, never reaching dollar parity […]
03/08/2022
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By Mike Adams
The CRYPTO tipping point has arrived as corporate banks SHATTER public trust… every person must become proficient in crypto or risk losing everything
For the last several years, I have been a vocal supporter of the technology and decentralization behind crypto, but simultaneously a vocal critic of the hype and speculation that characterizes so much of the crypto ecosystem. Until recently, there didn’t seem to be a compelling reason to exit the traditional banking system and embrace crypto […]
03/01/2022
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By Ethan Huff
SWIFT sanctions against Russia may be pointless due to rising alternatives such as Ripple and CIPS
The Biden regime along with numerous European nations have imposed “crippling financial penalties” on Russia for its invasion of Ukraine. But are these penalties really doing anything? Russia’s removal from the SWIFT financial system, for instance, could be a meaningless move as SWIFT appears to already be on the way out. Blockchain startup Ripple Inc. […]
02/23/2022
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By Arsenio Toledo
Bitcoin’s value continues to shrink amid Russia-Ukraine conflict; investors turn to gold and silver
The values of Bitcoin and other cryptocurrencies are crashing as the crypto market reacts negatively to the escalation of tensions in Eastern Europe between Russia and Ukraine. Meanwhile, the trading prices of precious metals like gold and silver are surging like never before. This is according to financial analysts David Morgan and John Perez, who […]
02/17/2022
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By Mike Adams
Canadian bank runs appear to be under way as the Trudeau regime declares WAR on bank assets of citizens
Thanks to the tyrannical actions of Chrystia Freeland — a Davos group devotee and the Deputy Prime Minister of Canada — the people of Canada are now rapidly withdrawing their funds from Canada’s largest banks. Two days ago, Freeland announced that Canada’s financial terrorism laws would be expanded to seize all funds — bank accounts, […]
12/09/2021
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By Mike Adams
Evergrande DEFAULTS – Contagion risk will spread to crypto, institutional investors, pension funds and more
Evergrande, China’s Ponzi property developer, is now officially in default as Fitch has confirmed the indebted company has missed interest payments on bonds, with over $300 billion in bonds outstanding. Property developer Kaisa is also named in the default decision, and there are nearly a dozen other Chinese property developers that are widely believed to […]
12/06/2021
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By Mike Adams
CRYPTO RESET coming – Nearly the entire crypto ecosystem appears to be based on DIGITAL fiat currency counterfeiting operations tied to communist China
DISCLAIMER: This author owns zero cryptocurrencies. We fully support the concept of decentralized currencies and the promise of private, peer-to-peer transactions. We affirm that central banks are the source of tremendous evil, corruption and mass suffering across the planet. Yet we have become aware of a shocking truth in the current crypto ecosystem that cannot […]
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