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IBMR launches Algorand-powered 'microequity' exchange for financial inclusivity
The International Blockchain Monetary Reserve (IBMR), a microfinance economic development agency, today launched what it claimed to be the world's first "microequity" exchange - MESE.io. According to The post IBMR launches Algorand-powered 'microequity' exchange for financial inclusivity appeared first on AMBCrypto. дальше »
2020-9-29 16:02 | |
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Binance Crypto Visa Card Rolls Out in Europe With Up To 7% Cashback Incentive
The Binance Visa Card has officially been rolled out in the European Economic Area (EEA) and is available to anyone in the region according to a blog announcement on September 16. This global-focused crypto exchange had earlier on signaled the launch of its Swipe backed Visa card in Europe as part of an expansion plan. дальше »
2020-9-17 16:44 | |
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Gold Rally Peaks: 5 Reasons Bitcoin Will Likely Outperform The Precious Metal
Ahead of the United States’ second round of economic stimulus, gold and Bitcoin exploded as the dollar fell. According to financial analysts, after setting a new record the gold rally may be peaking, leaving room for the cryptocurrency market to catch up to precious metals. дальше »
2020-7-30 04:00 | |
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Second US Stimulus Package of $1,200 on the Way as Bitcoin Bulls Gain Momentum
A second stimulus check is on the way for American citizens, according to the White House's economic advisor, Larry Kudlow. He confirmed this position during an interview with CNN’s Jake Tapper on July 26, signaling that the Fed’s printers might soon be busy again. дальше »
2020-7-27 17:48 | |
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Japanese Government to Consider CBDC in Economic and Fiscal Policy
The Japanese government is looking to include a central bank digital currency (CBDC) in its 2020 economic and fiscal policy framework. Japan to Collaborate with the U. S. and Europe on Digital Yen According to a report by Nikkei on Tuesday (July 14, 2020), the Japanese government is considering discussions on CBDC. дальше »
2020-7-16 01:00 | |
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Argentine Pesos Smallest Unit Centavo Now Equals One Satoshi
Following in the footsteps of the Lebanese Lira, the Centavo – the smallest denomination of Argentina’s currency – is now approximately worth one satoshi or 1/100,000,000 of a bitcoin (BTC). One Centavo Equals One Satoshi, Almost The economic crisis in Argentina continues to worsen as according to a post on subreddit r/bitcoin by Argentinian Redditor,Read MoreRead More. дальше »
2020-7-4 19:00 | |
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Worldwide Blockchain Spending to Slow to $4.3 Billion in 2020 – IDC Report
A report from the IDC shows that spending on blockchain solutions has declined in 2020 across the board. This is a crippling side effect of a global economic slump due to COVID-19. According to a June 23 report, blockchain spending globally will decline in 2020. дальше »
2020-6-26 22:21 | |
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Indian Government Considering Banning Cryptocurrencies, Again
India continues to oscillate over its stance toward cryptocurrencies as according to a report by The Economic Times, the country is now considering introducing a federal law to put a lasting ban on digital currencies. дальше »
2020-6-12 08:35 | |
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U.S. Sanctions against China Tailwind for Bitcoin’s Bullish Moves
Bitcoin anticipates market growth as White House National Security Advisor Robert O’Brien threatens China with economic sanctions over Hong Kong national security law. The warning could lead the People’s Bank of China to devalue yuan that, according to Naeem Aslam of AvaTrade, could prove disastrous for all currencies. дальше »
2020-5-25 07:53 | |
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Brazil: Authorities Investigating Banks that Close Crypto Exchange Accounts
The Administrative Council for Economic Defense (CADE), Brazil’s antitrust watchdog, elected to revisit the probing of some banks who closed the bank accounts belonging to local crypto exchanges. Antitrust Agency Probes Banks’ Closure of Crypto Exchange Accounts According to a report by Finance Magnate on Thursday (May 21, 2020) the CADE moved to continue itsRead MoreRead More. дальше »
2020-5-21 17:00 | |
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Get Ready for a Decade of Economic Gloom, Warn Harvard Economists
The economic recovery from the coronavirus pandemic will take at leas five years, according to Harvard economist and IMF head Kenneth Rogoff. The post Get Ready for a Decade of Economic Gloom, Warn Harvard Economists appeared first on CCN.com дальше »
2020-5-19 16:11 | |
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Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates
Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates. дальше »
2020-5-19 03:05 | |
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Tezos Outranks Bitcoin According to Weiss: Here’s Why it Doesn’t Matter
Tezos is one of the few cryptocurrencies that has managed to shine during these times of economic uncertainty. Indeed, multiple days of back-to-back gains have seen XTZ catalyzing calls for an impending altseason. дальше »
2020-4-27 19:28 | |
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Bitcoin demand in Argentina soars as nation faces ninth 'sovereign default'
The economic situation in Argentina can be best described as 'fragile.' In fact, according to a recent report, the South American nation failed to make its $503 million payment which was due on WednesThe post Bitcoin demand in Argentina soars as nation faces ninth 'sovereign default' appeared first on AMBCrypto. дальше »
2020-4-24 01:30 | |
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Another 4.4M Americans Are Unemployed as Economic Crisis Worsens
The economic situation in the United States continues to worsen. Another 4. 4 million Americans filed for unemployment in the past week, according to the latest numbers. Workers in the United States are filing jobless claims at an historic rate. дальше »
2020-4-24 22:15 | |
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IMF Hopeful of a V-Shaped Economic Recovery Next Year
The International Monetary Fund (IMF) produced a dark economic forecast for the remainder of 2020. It predicts that we will see an aggressive V-shaped recovery. According to IMF Managing Director Kristalina Georgieva, 2020 would see the worst crisis since the 1930s. дальше »
2020-4-21 20:32 | |
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It’s Bitcoin’s Biggest Test, As Fed’s Money Printer Goes Brrrr: BitMEX CEO Arthur Hayes
Cryptocurrency derivatives exchange BitMEX co-founder and CEO Arthur Hayes in his latest newsletter talked about the current economic environment with high inflationary expectations. According to him, while gold is set to shine in this changed economic regime, it is Bitcoin’s “biggest opportunity. дальше »
2020-4-11 20:46 | |
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Ripple indices surge, XRP/PHP registers ATH as economic crisis continues
Ripple's partnership with Azimo, a Europe-based digital money transfer service, opened the corridor for On-Demand Liquidity [ODL] to the Philippines. According to data provided by the Liquidity Index The post Ripple indices surge, XRP/PHP registers ATH as economic crisis continues appeared first on AMBCrypto. дальше »
2020-4-10 17:00 | |
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Commercial Loans See Massive Unprecedented Spike
According to Federal Reserve Economic Data, commercial and industrial loans have skyrocketed to 2. 8 trillion dollars in total. Loans are useful for starting up a small business or for financing commercial expansions, but keeping the entire economy afloat entirely on loans is uncharted territory. дальше »
2020-4-10 15:10 | |
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Global Hedge Fund Expects Bitcoin to Hit $8K; Here’s Why
Bitcoin rebounded by almost 94 percent after bottoming out below $4,000 in mid-March. And the cryptocurrency could extend its upside momentum, according to a prominent investment management firm. Coincident Capital said Tuesday that the bitcoin price could hit $8,000, taking cues from the recovery of global equities amidst an otherwise looming economic crisis. The Cayman... дальше »
2020-4-9 18:12 | |
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Despite Coronavirus, Spain’s Tax Authority Shows No Mercy to Bitcoin Holders
The Agencia Estatal de Administracion Tributaria (AEAT), which is Spain’s tax agency, has announced plans to send out more letters to holders of bitcoin (BTC) and other blockchain-based cryptocurrencies in the nation in spite of the current global economic downturn caused by the coronavirus pandemic, according to reports on April 3, 2020. дальше »
2020-4-5 01:00 | |
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US Mortgage Industry Could Collapse as Housing Crisis Looms, Experts Say
The U. S. mortgage industry faces collapse once again, this time due to the economic consequences following the coronavirus outbreak and massive job losses. Up to 50% of borrowers could default on their mortgage payments, according to industry estimates. дальше »
2020-4-1 20:15 | |
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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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The Fed Just Gave 6 Trillion Reasons Why Bitcoin Is Worth More Today
Yesterday (March 24), the Whitehouse unveiled a new emergency stimulus package to cushion the US economy against the coronavirus pandemic. According to White House’s top economic advisor Larry Kudlow, the bailout package is expected to come to roughly $6 trillion. дальше »
2020-3-26 21:30 | |
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Russian Ministry Welcomes Bitcoin Legalization, Introduces Regulatory Sandbox For Crypto Testing
While crypto regulation is still quite murky in Russia, a ministry in the country is making a huge effort to improving the situation. According to prominent Russian publication, Izvestia, Russia’s Ministry of Economic Development recently published an official document on a draft framework for regulatory sandboxes. дальше »
2020-3-25 21:35 | |
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Russia Proposes Legalizing Crypto For Regulatory Sandboxes
Russia’s Ministry of Economic Development has proposed a bill on “regulatory sandboxes” that seeks the legalization of blockchain and cryptocurrencies, according to local media agency Izvestia. Sandbox Participants Will Be Exempted From Certain Requirements The bill on “regulatory sandboxes” was submitted last week to the State Duma (Russia’s parliament). дальше »
2020-3-25 19:41 | |
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South Korean Govt to Fund $3.2M to Blockchain Startups That Create Economic, Social Value
The Government of South Korea has made yet another progressive move to support blockchain development after it announced $3.2 million funding to startups. This initiative is a collaboration of the country’s Ministry of Science & ICT (Information and Communications Technology) together with the National Institute of Information and Communication Industry Promotion (NIPA). According to a […] дальше »
2020-3-18 15:38 | |
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SpankChain Activity Suggests Porn Benefits from Coronavirus Lockdowns
Self-quarantine measures may have dampened many economic activities, but SpankChain volumes suggest online porn may be benefiting. SpankChain Volumes Soar According to data from crypto analytics firm Santiment, SpankChain has...The post SpankChain Activity Suggests Porn Benefits from Coronavirus Lockdowns appeared first on Crypto Briefing. дальше »
2020-3-17 15:26 | |
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Bitcoin Tumbles While US and Europe Face Recession
The economic slowdown that has happened due to coronavirus and the potential of an oil war could turn into a recession that will beat down Bitcoin and traditional markets. According to Joachim Fels, global chief economic adviser at Pacific Investment Management Co. дальше »
2020-3-9 12:18 | |
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India’s Supreme Court Nullifies Central Bank Crypto Trading Ban
There is finally some good news out of India today as reports are emerging that the Supreme Court has quashed a curb on crypto trading. Crypto Trading Legal in India According to local news outlet the Economic Times, India’s Supreme Court has nullified a curb on crypto trading. дальше »
2020-3-4 09:02 | |
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Do High Bitcoin Fees Drive Prices Higher?
Although mass adoption has long been regarded as an important component of Bitcoin demand, its relatively high fees and more periodic usage may actually drive prices up, according to economic...The post Do High Bitcoin Fees Drive Prices Higher? appeared first on Crypto Briefing. дальше »
2020-2-15 00:41 | |
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Bitcoin Mining Stock Surges as Chinese Economy Falters
The economic fallout from the Coronavirus is starting to be felt across the world. China’s economy has been the hardest hit but contrary to wider market movements, bitcoin mining stock is rising. Bitcoin Mining Stock Surges According to a report from local media outlet 8BTC bitcoin mining hardware giant Canaan has seen its stock prices rally in recent weeks. дальше »
2020-2-14 11:00 | |
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Cryptocurrency Markets Keep Powering Higher While Venture Capital Activity Plummets
Venture capital investments seemed to have fallen off a cliff this year as economic tensions escalate. Cryptocurrency markets meanwhile keep posting fresh 2020 highs as the bulls strengthen. According to recent data, venture capital activity is in free-fall. дальше »
2020-2-8 02:10 | |
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India: National Blockchain Policy Stakeholders Emphasize the Importance of DLT Regulations
According to a report by The Economic Times published on January 28, 2020, India’s National Institute for Smart Governance (NSIG) – a public-private body promoted by the Central government and software industry lobbying group NASSCOM – has recommended that laws and regulations should cater to the functions performed by technologies such as blockchain and notRead MoreRead More. дальше »
2020-1-29 02:30 | |
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IOTA (MIOTA) Tangle Technology Uses Far Less Energy Than Bitcoin (BTC)
Digiconomist, a platform that claims to be dedicated to exposing the unintended consequences of digital trends from an economic angle, has evaluated the energy consumption of IOTA (MIOTA) and Bitcoin (BTC) and discovered that the latter uses over 10x more energy to carry a 1 BTC transaction as compared to IOTA’s Tangle, according to reportsRead MoreRead More. дальше »
2020-1-27 13:30 | |
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Cryptocurrency Shines as US Mortgage Debt Exceeds 2008 Levels
The total outstanding US mortgage debt has exceeded a staggering $15. 8 trillion with no signs of slowing down, according to data sourced from the US Federal Reserve. Could cryptocurrency serve as a hedge? A chart published by the Economic Research branch of the Federal Reserve Bank of St. дальше »
2020-1-19 08:25 | |
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IIF Report Predicts Global Debt Will Reach New All-Time High of $257T in 2020
Global debt records were broken in 2019, but that likely won’t be the end of such ominous economic milestones, the Institute of International Finance (IIF) predicts. The number could reach $257 trillion sometime in Q1 2020, according to a recent report by the group. дальше »
2020-1-15 12:13 | |
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Dow Plunges 400 Points as Haven Demand Fuels Gold & Treasuries
The Dow and broader U. S. stock market plunged anew on Monday, as threats to global economic health fueled a massive rally in haven assets like Treasuries and gold bullion. According to Goldman Sachs, bullion prices are heading higher over the next six months as U. дальше »
2019-8-13 22:15 | |
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Could Britain’s Brexit Boost Bitcoin to New All-Time Highs?
A number of fundamentals have been driving Bitcoin in recent weeks, such as the escalating US China trade war and the UK’s exit from the EU. Some analysts foresee a new all-time high for BTC on the back of one of these events. дальше »
2019-8-10 14:00 | |
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Donald Trump’s Tariffs on China may be Boosting Bitcoin’s Value
U. S. President Donald Trump announced on Thursday that almost all goods imported from China will be subject to an additional 10 percent tariff. This escalates further the trade war between Washington and Beijing, threating the global economic outlook. дальше »
2019-8-3 21:00 | |
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India, U.S. Governments Move to Rein in Facebook, Libra Cryptocurrency Project
The Facebook Libra cryptocurrency project is facing pushback from Indian lawmakers. According to Economic Affairs Secretary Subhash Garg, the firm’s digital currency is privately-controlled and this fact alone makes the… The post India, U. дальше »
2019-7-30 18:14 | |
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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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Does The Bitcoin Digital Gold Argument Hold Weight?
Bitcoin has often been referred to as ‘digital gold’, even more so in recent times when economic woes have been driving investors to safer havens. Industry experts have been weighing in with their own take on the narrative and BTC’s status as a store of value. дальше »
2019-7-30 16:00 | |
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Bitcoin Boosted By Boris and Brexit
This week saw a new prime minister take over the helm in Britain. Boris Johnson has been handed the unenviable task of guiding the UK through Brexit, coincidentally the economic unrest has caused a spike in the interest for bitcoin according to Google. дальше »
2019-7-27 12:10 | |
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