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Angola Hikes Benchmark Interest Rate as Central Bank Attempts to Tame Rising Inflation

The Angolan central bank’s monetary policy committee (MPC) recently hiked the country’s benchmark interest rate from 15.5% to a record of 20%. The largely unexpected hike, which is one of the National Bank of Angola (NBA)’s attempts to curb inflation, marks the first time the benchmark rate has been increased since November 2017. Rising Inflation […] дальше »

2021-7-5 01:30


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Goldman Sachs Becomes First Major U.S. Bank To Begin Trading Bitcoin – Who’s Next?

Despite bitcoin’s apparent lull after plunging over 30% from its historic high in May, institutional interest in bitcoin is still rising. United States investment bank Goldman Sachs has launched a bitcoin (BTC) futures trading product for its clients in partnership with Mike Novogratz’s crypto merchant bank, Galaxy Digital. дальше »

2021-6-19 21:55


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Deutsche Bank Warns: Ignoring Rising US Inflation Akin to ‘Sitting on a Time Bomb’

Deutsche Bank published a report Monday noting that the United States is facing “the very real specter of consumer-driven inflation. ” The bank’s chief economist David Folkerts-Landau and others notably highlight the Federal Reserve’s monetary easing policy and recent tolerance toward higher inflation. дальше »

2021-6-8 18:00


“Committed to the Original Intention for the Past Five Years’ Journey of Dream Pursuit”: ViaBTC Celebrates Its Fifth Anniversary with Five Major Surprises for You

Great waves sweeping away sand, the real gold then emerges Since the birth of cryptocurrency mining, enthusiasm has been growing year by year, and the hashrate of the entire network has kept rising. Individual miners can no longer manage it as a scalable, specialized, and globalized mining industry has become the norm. In the past […] дальше »

2021-6-4 12:40


Bitcoin is An Alternative to Copper As A ‘Risk-On’ Inflation Hedge Instead of ‘Risk-Off’ Gold: Goldman Sachs Analyst

Instead of gold, cryptocurrencies are an alternative to copper as a hedge against inflation, said Jeff Currie, global head of commodities research at Goldman Sachs. Bitcoin has been deemed as a hedge against the rising prices, giving competition to the traditional safe-haven asset precious metal. дальше »

2021-6-3 19:51