News Block: FASB Change Bullish for Bitcoin, Surging Oil Prices, America's Savings Slump, FTX Liquidations & Ripple Acquires Fortress

Sep 12, 2023

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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