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People’s Bank of China Injects $174M Into Economy, More Than Bitcoins Entire Market Cap
While economies all over the world are functioning at a slower pace, central banks are trying to prevent a collapse by flooding more money into their markets, with China injecting the entire Bitcoin (BTC) market cap into the system. дальше »
2020-2-3 19:36 | |
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China Central Bank Injects Entire Bitcoin Market Cap Into its Economy
There is no denying that the economies of the world are slowing down. In order to prevent a complete collapse, central banks are flooding their markets with more money, and China has just injected the entire bitcoin market cap into its system. дальше »
2020-2-3 13:00 | |
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China Loses Third Bank in Three Months as Economy Hits 30-Year Low
China’s economic growth continues to slow down, causing a number of banks to close due to difficult conditions. Hengfeng bank has become the latest to shut its doors. China’s economy has been making headlines in the last few months, and not for good reasons. дальше »
2020-1-7 16:30 | |
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Bitcoin Friendly Signature Bank Offers Clients Superfast Payments Services
Signature Bank, a bitcoin (BTC)-friendly New York-based full-service commercial bank founded in 2001, has joined forces with Prime Trust, a Nevada-based tech-driven financial institution that claims to be focused on providing dependable infrastructure solutions for the digital economy. дальше »
2020-1-7 10:00 | |
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The biggest crypto stories of 2019
From Facebook’s attempt to launch Libra, to China moving closer to becoming the first major economy to issue a central bank digital currency, the last twelve months were action-packed with crypto headlines. дальше »
2019-12-28 14:09 | |
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Bitcoin Highlighted as Fed Continues Pumping Liquidity Into Economy
In spite of news that the economy appears stable, the Federal Reserve Bank of New York (Fed) had continued injecting liquidity into the market. The most recent action involved an almost $58 billion repurchase (repo) agreement. дальше »
2019-12-23 21:20 | |
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Trump Could Put an End to Stock Market Madness with a Single Tweet
Whether or not the U. S. economy is headed for a recession depends on who you ask. Wall Street firm Bank of America believes that the chances of a recession just went up. Meanwhile, economist Stephen Moore reportedly says that the economy is experiencing "short term pain for long-term gain," according to Fox Business. дальше »
2019-8-13 21:00 | |
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Economy Fights Crisis With Cheap Borrowing, Can Bitcoin Take Over?
The third-largest bank in Denmark, Jyske Bank, now offers a 10 year fixed rate mortgages at -0. 5%. This means customers will pay back less than the amount borrowed. Mortgage fees are still payable, likely negating any benefit to borrowers, but some see this unprecedented move as indicative of a troubled economy. дальше »
2019-8-12 17:19 | |
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Brilliant Brexit Plan: Public Holiday & Bitcoin While UK Economy Shrank for the First Time in 7 years
Michael Gove, the Chancellor of the Duchy of Lancaster and the person in charge of no-deal preparations said the government is considering the idea of holding a bank holding on November 1. Amidst the concern regarding that a no-deal Brexit would cause turmoil on the financial markets, Gove told The Times, “I don’t know if […] дальше »
2019-8-9 21:04 | |
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This is the Beginning of the End: Trump Yet Again Building a Bullish Ramp for Bitcoin
Trump pressuring the fed for the rate cuts before Wednesday meeting Cracks have begun to appear in the growing US economy Early signs of warning are showing, After Deutsche bank, Citibank to cut jobs This is rocket fuel for Bitcoin This week the Federal Reserve will most likely cut interest rates for the first time […] дальше »
2019-7-30 20:04 | |
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Libra: Japan Creates Group Ahead of the G7 Summit with Nation’s Central Bank, FSA and Ministry of Finance
Asian giant Japan has set up a committee to look into the potential of the new Facebook’ s cryptocurrency project, called Libra, especially in the area of banking, finances and its ability to cripple a struggling economy if not properly tackled. дальше »
2019-7-15 20:55 | |
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Miners Flock to Iran Where Bitcoin Mining Is Set to Be Sanctioned
According to regional reports, the Central Bank of Iran (CBI) is planning to allow licensed cryptocurrency mining as long as operations are charged for electricity based on the price of export. The CBI governor, Abdol Nasser Hemmati, explained that mined cryptocurrencies should flow back into the Iranian economy. дальше »
2019-7-13 00:10 | |
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China May Adopt a “Hong Kong Style” Cryptocurrency, Instead of Libra, Per Ex-Central Bank Governor
After the release of the whitepaper for Facebook’s Libra cryptocurrency, governments around the world have brought up concerns. Some have already stated that they will not allow Libra to be used within their economy, while others simply want clarity on the regulations already in place. дальше »
2019-7-12 00:41 | |
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Bitcoin’s parabolic move will be boosted by ‘Central Bank money printing,’ claims BitMEX CEO
When the cat is away, the mice come out to play. As the global economy is muddled with concerns surrounding trade wars, interest rate movements, and global governance dilemmas, the cryptocurrency world is enjoying a parabolic move. дальше »
2019-7-9 11:00 | |
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India isn’t keen on Facebook’s Libra ‘cryptocurrency’
Facebook’s new digital currency Libra has received an early jolt from the Indian government. The authorities in Asia’s third-largest economy are no more keen on the social media giant’s project than any cryptocurrency that came before it. дальше »
2019-7-8 15:48 | |
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Three Bank Failures Open New Chapter in Never-Ending Financial Crisis
The collapse of three banks on three different continents indicates a new global crisis is brewing. But it may also show that the last one never really ended and the tools used to manage the global economy simply don’t work. дальше »
2019-7-6 19:45 | |
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Trump Prefers ECB’s Draghi as Fed Chair in Epic Powell Diss
President Donald Trump took a swipe at the Federal Reserve Chairman this week, saying Jerome Powell’s rush to raise interest rates hampered an economy that didn’t need tightening. Draghi, Not Powell Donald Trump said he would prefer the actions of European Central Bank President Mario Draghi – and wanted him as Fed Chairman instead – […] The post Trump Prefers ECB’s Draghi as Fed Chair in Epic Powell Diss appeared first on CCN Markets дальше »
2019-6-27 02:15 | |
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German Central Bank Presidents Warns of Digital Currency Blaze
Jens Weidmann, President of Bundesbank, believes mainstream adoption of digital currencies will lead to a systematic destabilization of the financial markets and banking system, May 30, 2019. More Doomsday Predictions Central banks around the world are exploring the potential of electronic cash in response to a growing demand to digitize the economy and limit theRead MoreRead More. дальше »
2019-5-30 21:00 | |
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Morgan Stanley Rings Recession Alarm, Ignores Booming Economy
By CCN: An analyst at vaunted investment bank Morgan Stanley made himself look like the village idiot Monday, saying America’s economic outlook is crumbling toward recession even as the economy booms. дальше »
2019-5-29 00:38 | |
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European Central Bank: Bitcoin isn’t a threat, cryptocurrency not a new asset class
The European Central Bank (ECB), Eurozone’s chief financial regulator, has released its report on cryptocurrencies and their implications on the financial stability of the region. The paper took a neutral stance towards digital assets and said that they weren’t a threat to the economy. дальше »
2019-5-25 15:13 | |
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Terrified Central Bank Attempts to Arrest Myanmar’s Bitcoin Binge
By CCN: An emerging economy which expects to attract $5. 8 billion worth of Foreign Direct Investments is belittling its goals with an anti-technology stance. Myanmar is the latest developing country that is hinting to shut doors in the face of bitcoin, a decade-old global cryptocurrency which proposes to replace banks with a decentralized network of transaction validators and bookkeepers. дальше »
2019-5-20 12:10 | |
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Bitcoin No Threat Yet but Crypto ‘Phenomenon’ Needs Monitoring: European Central Bank
By CCN: The European Central Bank (ECB) has found that crypto does not pose risks to financial stability in the Eurozone. The central bank does recommend, however, that European legislatures create a uniform approach to crypto-assets. дальше »
2019-5-19 15:40 | |
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European Central Bank: Crypto Does Not Have Tangible Impact on Real Economy
In a recent report, the European Central bank claimed that crypto has no tangible impact on economic developments and monetary policy
дальше »2019-5-18 23:51 | |
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Crypto Lobbying Groups Urges Reserve Bank Of India to Reconsider The Bitcoin Ban
India tech industry lobby associations and founders of startups have asked India’s banking regulator to incorporate crypto assets in its suggested regulatory sandbox framework for the fintech industry. дальше »
2019-5-17 02:47 | |
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$1 Trillion Stock Market Massacre Risks Igniting Global Recession
By CCN: Monday’s devastating stock market massacre wiped a staggering $1 trillion from equities valuations as the U. S. -China relations escalated into a full-blown trade war. American farmers, among the worst hit by the trade war, are saying they feel like “it can’t get worse,” but economists fear a global recession is next. дальше »
2019-5-15 18:07 | |
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Trump’s Economy Makes Michael Novogratz ‘More Bullish’ on Bitcoin
By CCN: Go right ahead lefties with your monetary policies. You’re rallying crypto bulls. And you right leaners who are calling for lower interest rates are as good as gold for crypto, too. That’s the message from former hedge fund manager Michael Novogratz. дальше »
2019-5-5 01:00 | |
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Ripple Partner Bank of England’s Governor Promises to Reinvent the Central Bank for ‘Fourth Industrial Innovation’
Mark Carney, the governor of Bank of England vows to reinvent the central banks to make it fit for the “new economy” of “Fourth Industrial Revolution.” The central bank has been opening up its payments infrastructure to fintech startups, said the governor, making climate change a key priority and embracing artificial intelligence to help the […] дальше »
2019-4-30 18:34 | |
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Sit Down Avengers. Federal Reserve Saves the World in New Propaganda Comic
By CCN. com: The Federal Reserve released its latest educational comic book this week. “The Story of Monetary Policy” shows a world stabilized by a central bank through the eyes of an alien visitor who doesn’t understand things like “maximum employment. дальше »
2019-4-29 10:28 | |
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Afghanistan: A War-Torn Nation Hopes to Revive its Economy with Bitcoin
By CCN. com: A war-torn country left to dust and drabbles is attempting to rise back with dignity. And it plans to use bitcoin as its stick. Afghanistan asserted at a recent Spring Meetings summit that it was looking to issue sovereign bonds to raise $5. дальше »
2019-4-21 13:25 | |
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Real Estate Tokens Are Coming To Tezos
Tokenized real estate has always been a compelling prospect for the blockchain sector. Widespread digitization of property in the massive $217 trillion real estate market could not only be lucrative, but transformative for the global economy. дальше »
2019-4-22 17:15 | |
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Reserve Bank of India Says Cryptocurrencies are “Negative” and Don’t Provide Anything New to The Economy
The Reserve Bank of India will not even bother to study the possibility of testing the impact of crypto and similar virtual tokens on the development of a new regulatory framework for fintechs. In a. дальше »
2019-4-20 05:53 | |
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Initium Group On-Board For Pitcher Perfect Berlin
Pitcher Perfect has on-boarded Initium Group in the quest for nurturing innovation in the blockchain community. Initium Group will be attending the 3rd edition of UCIM, in the Pitcher Perfect event to be organized at Berlin. дальше »
2019-4-19 14:42 | |
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Strong Dow Recovery Shouldn’t Surprise with Robust U.S. Economy
From April 11 to 12, within a two-day span, the Dow Jones experienced a recovery from 26,062 points to 26,412 points, by 1. 34 percent. Throughout early April, the Dow Jones had struggled to show momentum above the mid-25,000-point level, possibly due to the lack of clear stimuli for short-term growth and the uncertainty surrounding the trade talks between the U. дальше »
2019-4-14 17:23 | |
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Sportcash One ICO
Our project is a Platform for the Sports Industry with safe transactions secured by a blockchain system. Our project will be built on the Waves Platform, will be named Sportcash One, and we will be using 2 tokens, an SCOne Utility Token to purchase real world and digital goods directly through the platform and a Diamond Token that will reward our users for promoting, using and sharing our token economy and social media platform. дальше »
2019-3-28 10:35 | |
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Bank of International Settlements Manager Advises Against Central Bank-Backed Coins
It would seem that Agustin Carstens is still not a fan of cryptocurrencies as he stated during a March 22, 2019 speech at the Central Bank of Ireland that the issuance of central bank-backed tokens could destabilize the economy. дальше »
2019-3-26 12:00 | |
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Will Bitcoin Shine? After Ponzi Jab, BIS Boss Says CBDC Destabilizing
Bitcoin price under pressure Carstens of BIS against central bank digital currencies (CBDCs) Volumes low and drop below or above Mar 21 high-lows must exceed 13k According to BIS’s Carstens, central banks shifting to CBDCs will destabilize the economy. дальше »
2019-3-24 20:00 | |
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Mexico Central Bank Proposed Crypto Regulations Could Suffocate the Economy
The proposed law requires cryptocurrency exchanges to acquire a license to qualify as regulated financial institutions. However, once they obtain the permit, the same law forbids them to avail or list any crypto service, a catch 22-situation since practically there won’t be any legal cryptocurrency exchange in the country. дальше »
2019-3-24 14:00 | |
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The Fed’s Low Interest Rates and QE Have Created a Dependent Generation
On March 20, the Federal Reserve’s Open Market Committee (FOMC) unanimously decided to keep federal interest rates unchanged. Critics believe that the central bank’s policy of near-zero interest rates and quantitative easing (QE) has corrupted the U. дальше »
2019-3-24 23:50 | |
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France Won’t Launch Cryptocurrency Anytime Soon: PwC Blockchain Exec
France’s central bank won’t issue its own digital currency anytime soon because doing so would be a complex undertaking that could hurt the country’s flailing economy. That’s the assessment of Pauline Adam Kalfon, a blockchain and cryptocurrency partner at PwC France. дальше »
2019-3-24 16:15 | |
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BinCoin ICO (BIN Token): Bank Independent Network for the Blockchain?
The Bank Independent Network is a new initiative that seeks to apply blockchain technology into the Banking and Finance industry in order to recreate a new financial era by replacing the current banking system. дальше »
2019-3-22 09:50 | |
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China Economic Slowdown, Not the Trade War, is Greatest Threat to Dow Recovery
A survey published by Bank of America Merril Lynch on Tuesday has revealed key insights into the minds of global money managers. The survey measures responses from approximately 200 institutional, mutual and hedge fund managers around the world. дальше »
2019-3-20 15:50 | |
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Israeli Court Rules Against One-Size-Fits-All Bitcoin Ban by Bank
An Israeli court ruled on March 17, 2019, that banks can't enforce a blanket ban against all accounts linked to cryptocurrency. Instead, the court said, banks need to consider the specific type and scope of crypto-related activity before determining whether or not to open an account. дальше »
2019-3-20 18:53 | |
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Mexico’s Attempt To Regulate Crypto Has Turned Into a Disaster, May Cripple the Economy
The Central Bank of Mexico recently published the regulatory framework for crypto use in the country. The impending decision which was supposed to help the nation join the crypto portfolio and make its use under the law has created more problems than providing any solutions. According to one of the CEO of an Exchange in […] дальше »
2019-3-19 01:26 | |
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This Central Bank Governor’s Tenure is a Tale of Everything Wrong With Socialism
A poor and densely populated country stuck at number 137 worldwide in the economic prosperity rankings, with a per capita GDP of just about $2,000 – this would be the perfect proving ground to show once and for all that left wing economics can successfully turn the fortunes of a struggling people around, and give the world an alternative to its failing capitalist system. дальше »
2019-3-11 15:00 | |
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AOC’s ‘Grotesque’ Economic Plan is Just a Ripoff from Obama
Earlier this week, former Barack Obama adviser Larry Summers called Alexandria Ocasio-Cortez’s spending proposals “dangerous. ” Obama Adviser Summers: Ocasio-Cortez Plan ‘Dangerous’ for US Economy Summers, who was once the chief economist at the World Bank, told CNBC that advocating to run up the national debt – as Ocasio-Cortez and Bernie Sanders have – and let the Federal Reserve endlessly monetize the debt by “printing” more money to acquire Treasury securities is not a “realistic calculus. дальше »
2019-3-8 22:57 | |
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