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S&P Dow Jones Indices, one of the world’s largest index providers, launched a new series of digital asset benchmarks. Dubbed the S&P Digital Market Indices, the series includes the S&P Bitcoin Index, Ethereum Index, and Cryptocurrency MegaCap Index. Each of these indices will track the performance of Bitcoin and Ethereum, with the latter tracking a combination of both. The pricing data is sourced from crypto data provider Lukka. Despite choosing to only include the two largest cryptocurrencies by market capitalization, S&P stated that it will include other cryptocurrencies through large-cap and broad market indices. According to CoinMarketCap, Bitcoin and Ethereum...

If you're not familiar with the term "Bretton-Woods" and "Petrodollar", allow me to provide a brief summary. To help fund World War II, the US ratified the Bretton-Woods agreement, essentialy creating Fiat money (tying only a small fraction of Gold to the US Dollar). Since the US controlled 2/3 of the worlds gold, it placed the US Dollar as the world reserve currency and created the ability to print money on demand (then ultimately leading to a complete severing of gold and the beginning of the endless devaluation of the US Dollar) Bretton-Woods was terminated in 1971, and the Petrodollar...