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Tether Gold (XAUT) Witnesses Surge in Demand Amid Grim Economic Outlook
The global economic uncertainties induced by the COVID-19 pandemic has increased the demand for time-tested stores of value, including precious metals such as gold, and silver, among others. At the same time, this demand has cascaded into the cryptocurrency industry, however, not in the way as one might think. дальше »
2020-7-27 21:35 | |
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Bitcoin bursts past $10,000, marking coin's first big move since halving
Bitcoin surged past $10,000 for the first time in over two months marking the cryptocurrency’s big-move since its halving. Since early-May 2020, amid economic strife, the cryptocurrency was locked iThe post Bitcoin bursts past $10,000, marking coin's first big move since halving appeared first on AMBCrypto. дальше »
2020-7-26 14:04 | |
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South Africa: Stimulus, Low Rates Face Challenges
South Africa's economic activity has slowed amid shutdowns due to the pandemic, but the country is relying on low rates and stimulus to regain its footing. дальше »
2020-7-21 13:00 | |
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Escalating Bank Runs Spur Chinese Government to Require Approval for Large Cash Transactions
A series of bank runs has prompted the Chinese government to begin requiring approval for large cash deposits and withdrawals at commercial banks, starting with banks in a northern province. Recently, two bank runs happened within a week as people lost faith in financial institutions amid unprecedented economic contraction. дальше »
2020-7-8 21:25 | |
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Amid the Crisis, a New Generation Is Ready for the Crypto Revolution
As the world’s nations and financial institutions plan their recovery from the unprecedented economic upheaval in the wake of the COVID-19 crisis, more and more people are turning to digital assets. Cryptocurrency’s extraordinary resilience during the coronavirus crisis has lent renewed vigor to central banks’ plans to integrate digital currencies. Meanwhile, the younger generation is […] дальше »
2020-7-1 15:40 | |
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Bitcoin Price Will Tank To Zero, Says Famed American Investor Jim Rogers
Bitcoin and the aggregated crypto market have proved quite resilient over the last couple of months amid a global economic downturn due to the coronavirus pandemic. Although BTC has noticeably remained below the elusive $10,000, the bulls have fiercely defended against any intense downward move on several occasions. дальше »
2020-6-22 13:51 | |
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Has 2020 Really Been a Bad Year for Bitcoin Amid Global Economic Turmoil?
“It's been a disappointing year for Bitcoin,” writes Bloomberg editor, Joe Weisenthal in his Monday newsletter. 2020 continues to be a tragic year, the world struggling with the coronavirus pandemic, its economic impact, and protests worldwide. дальше »
2020-6-15 18:07 | |
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India’s Crypto Trading Volume Soars Amid Economic Crisis
Despite the economic crisis, cryptocurrency trading platforms in India are reporting record-breaking volumes and new users. “People in India are betting big on bitcoin,” Paxful’s CEO said. дальше »
2020-6-6 14:02 | |
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Lufthansa Agrees on Rescue Package with German Government amid Coronavirus
Coinspeaker Lufthansa Agrees on Rescue Package with German Government amid CoronavirusNational carrier Lufthansa will receive a 9 billion Euro coronavirus palliative from the German government to help cushion the economic impacts of the novel pandemic. дальше »
2020-5-26 17:23 | |
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Illegal to Own Gold? Hedge Fund Manager Warns Governments May Ban Gold Ownership
A well-known hedge fund manager has warned that governments may ban private gold ownership. He explained that central banks may attempt to demonetize gold, making it illegal for private individuals to own, as the authorities lose control of inflation amid the coronavirus-led economic crisis. дальше »
2020-5-24 21:30 | |
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5000 BTC Giveaway Scam: Chamath Palihapitiya, Elon Musk Not Giving Away Bitcoin
The number of bitcoin giveaway scams has been increasing rapidly amid rising prices of cryptocurrencies and deepening economic crisis worldwide. These scams claim that famous people are giving away bitcoin, such as Virgin Galactic Chairman Chamath Palihapitiya, Tesla CEO Elon Musk, and U. дальше »
2020-5-21 05:15 | |
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Warren Buffett’s Berkshire Hathaway Sells Off Huge Stake in Goldman Sachs, JPMorgan
Warren Buffett’s investment firm Berkshire Hathaway is still realigning its portfolio amid the economic turmoil caused by the coronavirus pandemic. The conglomerate’s choices are often used to gauge the state of the market. дальше »
2020-5-19 13:15 | |
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Interest Rate Adjustment Opens Way for Brazil to be New ‘Bitcoin Demand Source’
The economic gloom of Brazil continues amid the coronavirus pandemic. The deteriorated fiscal position and political uncertainties have created fears of a deep economic recession. The Central Bank of Brazil has also cut the interest rate to 3%, which is an all-time low. дальше »
2020-5-12 13:29 | |
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Bitcoin Rallied Amid a “Catastrophic Economic Event” in Big Boost to Bull Case
One of the longest standing narratives is that Bitcoin is a “safe haven asset” or “store of value,” an asset that should outperform equities and bonds when there is a recession, geopolitical tension, or otherwise abnormal events taking place that would not be defined as “good. дальше »
2020-5-4 04:00 | |
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Investments in Grayscale Bitcoin Trust Hit Record High Amid Economic Crisis
Grayscale Investments has announced the strongest quarter in its history. Investments into the company’s cryptocurrency products, including the flagship Grayscale Bitcoin Trust (GBTC), hit a record high in the first quarter. дальше »
2020-4-19 12:30 | |
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Former Facebook Exec: BTC's Price is Either Going to Zero or Seven Figures
A former Facebook executive believes Bitcoin’s price will either explode amid economic collapse or go to zero
дальше »2020-4-8 22:50 | |
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Bitcoin has Seen a Major Boost Amid Dollar Crisis
The $2 trillion USD Covid-19 stimulus package was approved by President Donald Trump last week. Traditional markets, as well as Bitcoin and crypto, have already seen an upturn, with assets climbing in anticipation of this historic economic aid package. дальше »
2020-4-5 13:27 | |
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Ethereum Activity Declines as Focus Shifts to Bitcoin and Macroeconomic Trends
The spike in Ethereum trading volume seen in February has all but disappeared amid the current economic and humanitarian crisis gripping the world. As macroeconomic trends take center stage, much of the cryptocurrency sector has been left in the shadows — a marginal player amid the worsening crisis, Ethereum is no exception. дальше »
2020-4-4 21:10 | |
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Options Investors Don’t Trust the Dow’s Rally – And Neither Should You
The stock market rally is unlikely to last as the Dow Jones searches for a new bottom amid rising economic pain and recession fears. The post Options Investors Don’t Trust the Dow’s Rally – And Neither Should You appeared first on CCN.com дальше »
2020-3-31 16:50 | |
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Binance CEO Suggests Users Buy Crypto with Credit Amid Global Economic Crisis
Changpeng Zhao, CEO of Binance, is telling his followers to purchase cryptocurrencies with their credit cards since there’s an “infinite amount of money around the corner. ” Changpeng Zhao (CZ) is known for being provocative on Twitter and sometimes outright shilling projects. дальше »
2020-3-28 06:15 | |
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Reasons Why Markets Continue to Rise Despite Growing Number of Coronavirus Cases
Coinspeaker Reasons Why Markets Continue to Rise Despite Growing Number of Coronavirus CasesWell, the jobless figures and the economic outlook seem pretty bleak for the coming few quarters amid coronavirus, here is how the market is reacting to the situation. дальше »
2020-3-28 15:35 | |
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Bitcoin Dominance Could Soar to 90% amid Economic Crisis, Crashing Altcoin Market
More and more traders would dump their altcoin investments to seek shelter in bitcoin amidst a deepening financial crisis, according to Qiao Wang, head of product at Messari. The New York-based angel investor said Wednesday that he expects bitcoin’s dominance to rise above 90 percent by the end of the ongoing economic slowdown. The term... дальше »
2020-3-26 15:22 | |
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Dow Futures Reverse Gains Despite Trump’s $6 Trillion Fiscal Bomb
Dow futures spiked after Trump's top economic advisor Larry Kudlow unveiled a gigantic $6 trillion stimulus package for the U. S. But the gains didn't last amid underlying concerns about the health of the economy. дальше »
2020-3-25 04:23 | |
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Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. дальше »
2020-3-19 19:00 | |
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Crypto Adoption ‘Set Back 18 Months’ Amid ‘Shitstorm’: Mike Novogratz
Michael Novogratz claims that the growing economic crisis has set back crypto adoption by twelve to eighteen months. He made this statement in an interview with Anthony Pompliano, where he weighed in on many of the impending challenges facing the global financial space that are growing due to the spread of COVID-19. дальше »
2020-3-18 21:00 | |
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Bitcoin’s Fear And Greed Index Suggests BTC Price Might Take A While To Recover
While the global stock market, major economic sectors, and world economies take a hit amid strong rumors of a looming economic recession, the crypto market especially Bitcoin has had struggles of its own. дальше »
2020-3-16 01:13 | |
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How Stock Market Bubble Fears Could Fuel Crypto Investment
Crypto markets have corrected today but stock markets continue to surge despite mounting warnings of economic despair ahead. When the bubble bursts will investors turn to digital assets as a safe haven? Stocks Up Amid Virus Fears, Crypto Dumps The current scenario on Wall Street is deceptively bullish in a country where red lights are flashing all over the economic board. дальше »
2020-2-20 16:00 | |
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Bitcoin Trading Volume Stagnates in Hong Kong Amid Weak Jobs Report
Hong Kong is bracing for a weak jobs report due to coronavirus fears and economic sluggishness. Bitcoin trading in the country has remained stagnant at this time. Persistent protests coupled with coronavirus fears have caused Hong Kong’s economy to slow down. дальше »
2020-2-18 00:10 | |
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German Economy in Risk of Recession Amid Weak Demand, Tariff Threat, and Epidemic
Germany, the economic powerhouse of Europe, is facing renewed challenges that may soon push it towards recession. Falling industrial production and dwindling factory orders are the prime cause of concern. дальше »
2020-2-9 00:00 | |
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As Bitcoin Rallies, One Metal is Falling Hard Amid Coronavirus Fears
Copper ETFs have been suffering due to fears surrounding the coronavirus. The metal has tanked to a five-month low as China struggles to contain 2019-nCoV. The coronavirus has led to fears that economic growth will slow down, especially in China. дальше »
2020-2-8 10:18 | |
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Iran Approves Crypto Mining Framework Amid U.S. Sanctions
The Iran economic commission has approved a cryptocurrency mining regulatory mechanism. This is according to an announcement made by the nation’s Chamber of Commerce. The long-awaited framework is set to… The post Iran Approves Crypto Mining Framework Amid U.S. Sanctions appeared first on CoinCentral. дальше »
2019-7-30 18:08 | |
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Billionaire Chamath Palihapitiya says Bitcoin Is The ‘best hedge against the traditional financial system’
The entire world is currently facing economic uncertainties following the ongoing trade wars, the most prominent one being between the United States and China. Investors are therefore seeking alternative assets to gold and the US bonds and bitcoin is gaining traction due to its capacity to maintain a fierce rally amid the harsh economic times. дальше »
2019-7-10 12:01 | |
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ECB Policymaker Looks to Hasten Crypto Rules amid Facebook’s Libra
In light of Facebook’s upcoming Libra coin, European Central Bank (ECB) Executive Board Member Benoit Coeure is reportedly urging financial regulators to create a viable framework for crypto projects. дальше »
2019-7-8 18:10 | |
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Venezuela Issues 50,000 Bolivar Bill Amid Persistent Hyperinflation
Venezuelans are used to their currency costing less than the paper it’s printed on. Economic misfortunes and political upheaval place their country at the bottom of all inflation charts, year after year. дальше »
2019-6-14 12:58 | |
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Why Decentralized Finance Will Change The Global Economic Landscape
In recent years, the world economy has made incredible strides: access to technology is steadily increasing, Gross Domestic Product (GDP) is at its highest point since 2015, and unemployment is at a four-decade low. дальше »
2019-5-29 19:21 | |
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The State Of Crypto Adoption In Venezuela Is Still Rising Amid Economic And Political Turmoil
The State Of Crypto Adoption In Venezuela Venezuela is currently going through a political crisis. And it’s effecting the economy as well. The inflammation rate of its currency has reached 1,300,300% in the 12 months leading to last November, according to the National Assembly controlled by the opposition. The question that seems to interest the […] дальше »
2019-5-10 19:39 | |
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Dow Slides Red as China’s Factories Struggle Amid Economic Woes
By CCN. com: The Dow and broader U. S. stock market traded lower on Tuesday, as investors sifted through weaker than expected Chinese manufacturing data that seemed to show a loss of momentum at the start of the second quarter for the world’s second-largest economy. дальше »
2019-4-30 17:37 | |
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Brazil Records Trades Dealing with 100,000 Bitcoins in 24 Hours Amid Economic Woes
Brazil has been recently troubled with economic woes and its economic activity fell to a nine month low this February. However, as it has become a trend recently, most of the countries around the globe suffering from economic troubles have looked towards Bitcoin for revival, and Brazil is no different. The Brazilian crypto exchanges have […] дальше »
2019-4-17 18:51 | |
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Algeria Embroiled in Political and Economic Unrest – Time to Lift Bitcoin Ban?
Algeria, one of North Africa’s largest producers of oil and gas, is currently going through serious political and economic turmoil. Amid the current unrest, it’s perhaps high-time for the country to reconsider its position on Bitcoin as it has proven itself as a viable alternative during times of upheaval. дальше »
2019-3-30 19:00 | |
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Putin’s Bitcoin Regulation Deadline Might Not Lead to Actual Crypto Rules
Bitcoin skeptic Vladimir Putin has set a July 2019 deadline for crypto regulations to be put in place in Russia. Putin made the announcement on the Kremlin website in a February 27 notice. In his order, President Putin told the Russian State Duma and the Council of the Federation of Russia to adopt cryptocurrency rules by July 1. дальше »
2019-3-1 00:52 | |
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Venezuela: First Bitcoin ATM Incoming amid Failing Economy and Sullen Petro
In a country that many believe proves how fiat currencies can destroy an entire country’s infrastructure and economy, the first Bitcoin ATM in Venezuela will finally be installed, about two weeks from January 20, 2019. дальше »
2019-1-21 14:00 | |
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Venezuela to See the First Bitcoin ATM Installed in the Country Amid LocalBitcoins Closing
Cryptocurrencies continue to expand in Venezuela, a country hit by a social and economic crisis. The country has registered new Bitcoin volume trading records almost every single week according to LocalBitcoins. дальше »
2019-1-20 20:10 | |
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New blockchain center opens in New York amid cryptocurrency market woes
The city of New York has a new blockchain center. Opened by the New York City Economic Development Corporation (NYCEDC) as part of a partnership with FuturePerfect Labs (an affiliate of FuturePerfect Ventures) and GBBC Labs (a subsidiary of the Global Blockchain Business Council), the new facility is expected to play a significant role in developing the city’s blockchain ecosystem. дальше »
2019-1-11 14:11 | |
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