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News & Articles By Arsenio Toledo
05/24/2022
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By Arsenio Toledo
European central bank president says crypto is “worth nothing” and calls for more regulations
European Central Bank (ECB) President Christine Lagarde recently called for more regulations on cryptocurrencies after claiming that they have no real value. Lagarde made these comments during an appearance on the Dutch television program “College Tour.” She said: “I am concerned for people who have no understanding of the risks, who will lose it all […]
05/24/2022
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By Arsenio Toledo
Celebrity-endorsed NFTs lose value, leaving investors with virtually nothing
The value of non-fungible tokens (NFTs) is decreasing rapidly, leaving investors with virtually nothing. One of those investors is Tyler, 35, a property manager from Florida whose family runs a small trucking company. He put together about $12,000 with the help of his family to buy NFTs after Floyd Mayweather touted an obscure NFT project […]
05/19/2022
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By Arsenio Toledo
Bank of England governor warns of coming “apocalyptic” global food shortage
The governor of the Bank of England is warning the people of the United Kingdom to prepare for an “apocalyptic” global food shortage, adding that Britain’s central bank is helpless in the face of surging inflation. Speaking to legislators in the House of Commons Treasury Select Committee on Monday, May 16, Bank of England Gov. Andrew […]
05/19/2022
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By Arsenio Toledo
The biggest economic crash America will ever experience is coming, warn multiple financial experts
Leading American financial analysts and experts are predicting that the economy is headed for the biggest crash in history. Multiple prominent businessmen and entrepreneurs are predicting that an economic crash is on the horizon and that it will be bigger than any other economic collapse America has ever experienced. On Wall Street, a leading financial […]
05/17/2022
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By Arsenio Toledo
Record-high diesel prices affecting US-Mexico trade, leading to more inflation
Truckers continue to struggle as diesel prices in the United States hit record levels. On Thursday, May 12, the average price of diesel in the U.S. hit a record-high of $5.62 a gallon, an increase of nearly 20 cents from a week ago. This also represents an increase of more than $1.50 a gallon from roughly two […]
05/17/2022
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By Arsenio Toledo
David Morgan warns: Dollar crash looms as cryptocurrency collapse shocks speculators
As cryptocurrency continues to collapse, other investments are soon to follow, leading to the inevitable crash of the American dollar. Now is the perfect time for people to invest in precious metals like gold. This is according to financial analyst and precious metals expert David Morgan, who talked about the “everything sell-off” on an episode […]
05/16/2022
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By Arsenio Toledo
Nearly two-thirds of Americans are now living paycheck to paycheck amid inflation crisis
As inflation keeps raising the price of everything from food to fuel, many Americans are now living paycheck to paycheck. Wage growth in America is the highest it has been in years. But the average worker in the United States is still losing money because of inflation, which is rising at a higher rate than wages. […]
05/16/2022
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By Arsenio Toledo
US sets new record for gasoline prices as average national price nears $5 per gallon
The average retail cost of a gallon of gas in the United States hit a record-high of $4.374 on Tuesday, May 10, according to the American Automobile Association (AAA). The previous record of $4.331 was set in March. The increase has been mostly attributed to the rising price of crude oil, which last week was […]
05/13/2022
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By Arsenio Toledo
Bitcoin price briefly falls below $26,000 as crypto sell-off erases more than $200 billion from the market
The value of bitcoin briefly fell below $26,000 for the first time in 16 months before rallying. The dip in value comes amid a broader sell-off in cryptocurrencies that saw more than $200 billion worth of crypto disappearing from the entire market in a single day. On Thursday, May 12, bitcoin’s value fell as low as […]
05/12/2022
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By Arsenio Toledo
If Coinbase goes bankrupt, all of its users’ funds could disappear
Coinbase, an online cryptocurrency holding and exchange company, warned that if it goes bankrupt, all of its users could lose all of their assets. Coinbase is the largest cryptocurrency exchange in the United States. For its latest quarterly report, the company said it experienced a loss of $430 million and a 19 percent drop in monthly […]
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