2020-2-26 08:18 |
While the Coronavirus outbreak continues to cause concern across the globe, there are growing anxieties about its long-term effect on the economy of China which has already started showing cracks.
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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.
2020-1-7 16:30 | |
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China is racing ahead in becoming a fully digitized economy, which explains why it will soon have to adopt Bitcoin and other digital assets in order to cope with the upcoming nature of its economy. It is apparent that China is becoming a blockchain-friendly nation. and warming up to new technologies in a quest to […]
2019-11-20 01:41 | |
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China is leaping ahead into becoming a fully cashless economy. That’s why it will soon find that it can’t do so without incorporating Bitcoin and other cryptocurrencies. China has become cashless and blockchain-friendly.
2019-11-19 00:25 | |
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China’s growth has slowed in real term after inflation to 2.2%. America’s growth rate has gone down to 2%, with its inflation at 1.8%. Meaning in real terms, this is... The post On the Global Slowing Down of the Economy appeared first on Trustnodes.
2019-11-15 23:37 | |
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U. S. Treasury yields extend their slide on Thursday; 10-year yield hits 1. 82%. Trade-deal uncertainty continues to cloud investors’ decisions. Although the yield curve is no longer inverted, markets are still worried about the economy.
2019-11-14 19:05 | |
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Donald Trump is sending the U. S. economy close to a recession thanks to his trade war with China. Former RBI chief Raghuram Rajan believes that Trump is the biggest threat to the U. S. economy and could be the catalyst for a recession.
2019-11-14 21:22 | |
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Development of Bitcoin and Blockchain in China We cannot undermine the importance of China while talking about the nations that have an impact on the world economy. It has created a significant impact on the world.
2019-11-14 15:01 | |
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The Chinese government is strongly supporting the push towards blockchainizing its economy as seen by President’s Xi’s latest remarks on blockchain technology. While the government makes steps towards fully adopting the technology, certain sections remain disturbed by bitcoin’s public nature, volatility and the use of crypto in aiding criminal activities. State Chinese newspaper headlines Bitcoin […]
2019-11-11 16:49 | |
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Dow futures rallied by over 100 points on expectation that easing trade tensions will boost the economy. Trump and Xi’s meeting has at the same time been pushed to next month. China disclosed the news but will the US be on the same page? The Dow Jones Industrial Average futures have jumped by over 100 […] The post Dow Futures Spike 140 Points as China, US Agree to Slowly Nuke Tariffs appeared first on CCN.com
2019-11-7 12:18 | |
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The U. S. stock market in 2019 climbed even though there was plenty for investors to worry about. A mounting trade dispute between the U. S. and China, coupled with a slowing global economy and boiling geopolitical tensions, behaved like a perfect recipe for a financial disaster.
2019-11-5 19:00 | |
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After a period of absence, RT’s Max Keiser is back and his commentary on the current state of the global economy is as colorful as ever. The bitcoin bull also had some interesting things to say about China’s gold hoards and its new central bank-backed cryptocurrency.
2019-11-2 13:00 | |
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While certain countries like China are leaning towards the allure of blockchain and maybe, Bitcoin, South America's Argentina has other ideas up its sleeves, despite its slowly crumbling economy.
2019-11-2 20:30 | |
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The European push for a CBDC [Central Bank Digital Currency] will begin in Berlin. After weeks of beating around the bush, a clear call for a digital Euro has come from a consortium of over 200 GermanThe post Libra, China are threats; economy needs digital Euro: Germany's Banken Verband appeared first on AMBCrypto.
2019-11-1 19:00 | |
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China’s economy is not immune to the woes that are creeping into Western ones. It has long been a nation of savers but increasing household debt and more banking bailouts are signaling stormy economic weather ahead.
2019-11-1 15:00 | |
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Futures on the Dow Jones Industrial Average (DJIA) are up Friday thanks to strong Chinese PMI data. China’s economy is not on track just yet as there are contradictory data points coming out of the country.
2019-11-4 13:42 | |
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China may have the early mover’s advantage in the race to launch the first national digital currency, but it seems other major global players are in no mood to be left far behind. The Association of German Banks (Bankenverband) released a paper yesterday explicitly stating that the Eurozone economy will benefit from a ‘programmable digital […] The post 200+ German Banks Unite to Propose a Pan-Continental Digital Euro appeared first on BeInCrypto.
2019-11-1 18:09 | |
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Interest in blockchain technology has substantially increased in China after the speech of the president in which he referred to blockchain as a vital resource for the future of the Chinese economy.
2019-10-30 06:25 | |
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Frightened by a trade war with China, Americans are turning to the field of cryptocurrency regulation, fearing that here too, the Middle Kingdom will beat the First Economy. At hearings on Libra in US Conress after all arguments in favor of his project, Mark Zuckerberg also remembered China. About him, if only to ban cryptocurrencies […]
2019-10-29 17:16 | |
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In a meeting with the political bureau of China’s communist party’s Central Committee, President Xi Jinping stressed taking the “leading position” in the emerging field of blockchain, according to a report by Xinhua News Agency.
2019-10-25 16:56 | |
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In his first major comments on blockchain, Chinese President Xi Jinping said the country should implement the technology across the economy.
2019-10-25 14:12 | |
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The Dow Jones crawled toward a slight loss on Friday, but the stock market’s most closely followed index remains positioned to record its second straight weekly advance. Trade pressures continue to weigh on the Dow, and the White House followed through on its threat to impose tariffs on $7.
2019-10-21 16:37 | |
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After months of trading tensions with the United States, China has perceived that it's economy is no longer growing as much as it once was before. Now, in a swift move, the People’s Bank of China has decided to inject around $28 billion USD into the economy to boost it. The money was pumped into […]
2019-10-17 01:23 | |
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The Chinese central bank has pumped nearly $30 billion into the economy after recent data showed a slowdown. Chinese crypto investors may get another lucky break if the funds overflow into the sector.
2019-10-16 17:00 | |
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America is not the only country manipulating its money in order to prop up a flagging economy. Today China unexpectedly injected billions in cash to prevent a fall in interest rates as the economy flounders following months of trading tensions.
2019-10-16 10:30 | |
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Over the past few months, the confluence of payments and the global economy has never been clearer. With Libra sending tremors from Washington D. C. to Paris, and China unveiling its plan to launch a digital yuan, ill-prepared lawmakers are feeling the brunt of not paying enough attention to the growing digital payments industry.
2019-10-16 09:43 | |
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Futures on the Dow and broader U. S. stock market advanced in overnight trading Tuesday after a closely-watched report of China’s economic output improved slightly in September, alleviating fears of a more protracted downturn in the world’s second-largest economy.
2019-10-8 07:02 | |
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According to many experts, the US economy could suffer another crack with the market indicators suggesting a potential recession at bay. Despite Federal Reserve Chairman, Jerome Powell asserting that US economy was in “a good place”, developments suggest the contrary.
2019-10-7 23:30 | |
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The Dow suddenly plunged during late-morning trading on Friday after Bloomberg published a report exposing that the Trump administration is debating a new policy that would ramp up pressure on the Chinese economy as the two countries prepare to return to the negotiating table.
2019-9-28 19:20 | |
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FedEx stock is down 8% after-hours after the company reported earnings that missed analysts’ expectations and also guided towards lower revenue and profits for the rest of the year. What exactly is driving FedEx’s current problems? Is it a weakening economy, the trade war with China, or competition? Let’s parse the numbers from the earnings […] The post FedEx Stock Gets Smoked After Warning Next Year Will Stink appeared first on CCN.com
2019-9-18 02:21 | |
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On Sept. 16, the U. S. stock market plunged following an abrupt increase in the oil price, sending the Dow Jones down by more than 140 points in a single session. Ironically, China, whose economy has been on a decline in recent months, could prevent the U.
2019-9-17 01:45 | |
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This week, a major oil processing plant in Saudi Arabia was destroyed by a barrage of drone attacks, removing 2 million barrels from global surplus. The surge in the price of oil could place more pressure on the economy of China, which could have an impact on the ongoing trade deal talks.
2019-9-17 12:36 | |
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This issue covers stake distribution and diversification on the Cosmos Hub, Eth2.0 client interoperability, Polkadot parathreads, views on staking from China, and other PoS network updates including Loom, CasperLabs, Cardano, Flow, NEAR and NuCypher.
2019-9-15 20:32 | |
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Cambodia is reportedly unsure about potentially issuing an absolute ban on its booming online gaming industry — though the country's investors and its powerful ally, China, would surely not be pleased with such a decision.
2019-9-14 17:32 | |
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China has been trending away from cash and toward digital payments for quite some time now. In 2018, 3. 8 quadrillion yuan was remitted using plastic cards, cheques, electronic transfers, and other formal methods.
2019-9-11 13:16 | |
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Growing fears of a full-blown trade war with the U. S. has sent China on a gold-buying spree in a bid to increase its reserves of the yellow metal. According to Bloomberg, the world's second-largest economy increased its bullion holdings by 0.
2019-9-10 17:24 | |
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The Federal Reserve is cutting interest rates to stimulate activity as the trade war between the US and China casts a pall over the economy. However, there isn't much room with the current rate set in the range of 2% to 2.
2019-9-8 19:40 | |
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Another day of risk-on trading launched the Dow Jones nearly 400 points higher on Thursday, as the US and China finally have a date to renew trade talks. Market bulls are betting that we have seen the worst of the trade war and are enjoying the resiliency of the US economy.
2019-9-6 22:15 | |
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China has held the crown for being the home of some of the largest makers of bitcoin mining equipment for years now. According to LinkedIn, one of these bitcoin mining rigs has emerged as a favored destination for job seekers in the world’s second-largest economy.
2019-9-5 19:54 | |
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After two days of in-depth discussion from 20th to 21st August, the POW’ER 2019 Global Developers Conference had successfully ended in Beijing, China. In this conference, the topic of the future development trend of blockchain distributed economy has attracted an extensive attention from all of the participants.
2019-9-4 09:15 | |
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Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China.
2019-8-31 01:59 | |
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The China-US trade war is biting the Chinese economy hard. Growth rates are no longer as rosy as they used to be. As a result, the Chinese who have multiple ways to determine their interest rates have revamped one of the strongest tools in their arsenal.
2019-8-21 14:34 | |
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Bitcoin is hoping to become a hot property in Hong Kong. The region’s political crisis has swept over its banking sector, which is now seeing protestors withdrawing large bundles of cash out of their banking institutions.
2019-8-19 04:36 | |
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Bitcoin is hoping to become a hot property in Hong Kong. The region’s political crisis has swept over its banking sector, which is now seeing protestors withdrawing large bundles of cash out of ATMs.
2019-8-16 16:00 | |
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The Dow snuck higher on Thursday as Wall Street reckoned with Beijing’s “controlled depreciation” of the yuan. However, China has unleashed an alarming new threat that risks derailing the US economy.
2019-8-8 16:36 | |
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The Dow Jones snapped back into its brutal reversal on Wednesday, as recession alarms thundered throughout the global economy and China continued to confound analysts with its handling of the yuan.
2019-8-8 17:06 | |
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Tensions between the US and China have escalated over the last few months, and the brunt was borne by the global economy. In such times of global instability and central banks manipulating economies, the demand for alternative assets, including Bitcoin, is speculated to go up drastically.
2019-7-24 05:30 | |
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With cryptocurrency’s entry into mainstream finance, discussions surrounding Bitcoin have taken a hold of the economy as a whole. Towards this effort, Morgan Creek Capital’s Anthony Pompliano interviewed Crescat Capital’s Otavio Costa.
2019-7-18 14:30 | |
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The Dow teetered toward a loss on Wednesday after President Trump exposed a lack of confidence in the state of trade negotiations with China. Trump’s unexpected remarks overwhelmed DJIA components with substantial ties to the world’s second-largest economy.
2019-7-18 17:54 | |
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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.
2019-7-12 00:41 | |
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Last week, the world witnessed a successful utilization of crypto adoption in winning the presidential elections. The post New Senate candidate Bryan Solstin claims Bitcoin as “the Great Reset,” but will it work in his favor? appeared first on CryptoSlate.
Kraken’s CEO admitted that the firm could be forced to freeze some wallets by the police, advising to move crypto out of exchanges.
A Weekly Series Of Essays About The Language Of Bitcoin by Alex McShane
With the proper regulation, stablecoins could potentially fulfill their promise and enable more funds to reach those in greatest need.
Bitcoin bulls appear to be back, but a strengthening U.S. dollar, a new wave of COVID-19 infections and low trading volumes threaten the current recovery.
COVID-19 is spreading between people by airborne transmission and has already mobilized the health sector around the world. Doctors, nurses, and patients need protection from viruses and bacteria that can weaken immunity and cause disease.
Blockchain Leading the Way In December 2020, the International Air Transport Association (IATA) let the world know how to screen patients without invading their privacy. IATA said it would release a digital health credentialing platform that could open international travel without quarantines.