News Block: FASB Change Bullish for Bitcoin, Surging Oil Prices, America's Savings Slump, FTX Liquidations & Ripple Acquires Fortress
In this week's episode of the Coin Stories News Block, we cover the week's major headlines related to Bitcoin, the economy and global finance:
- FASB Accounting Rules Changing - A Bullish Sign for Bitcoin
- The Impact of Surging Oil Prices on Inflation
- The Sorry State of American Savings
- Will FTX Sell $500+ Million Worth of Bitcoin Soon?
- Ripple’s Acquisition of Fortress After Breach
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References Mentioned In This Episode:
- FASB Approves Favorable Bitcoin Rule Change
- World Oil Demand Surges to Pre-Pandemic Levels
- Oil Inventories at Lowest Level since 1985
- Excess Savings Close to Being Drained
- Bloomberg Survey Sees Slowing Consumption
- Credit Card Debt Sits at an All-time High
- FTX Potential Bitcoin Liquidation
- Ripple Acquires Fortress after Breach
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This podcast is for educational purposes and should not be construed as official investment advice.
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