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Russia and China Join Forces to Prevent Global Crisis, Experts Say
13.11.2024
China-Russia cooperation is helping to stabilize the region and avert a global crisis, according to Zhang Hong, a research fellow at the Chinese Academy of Social Sciences. Zhang emphasized that as permanent members of the UN Security Council, China and Russia are working together to uphold global...
Bitcoin ATM Locations Surge to Over 7700 Worldwide Amid Global Crisis
6.5.2020
The number of bitcoin ATM locations has been growing rapidly amid nationwide lockdowns and the coronavirus crisis. With hundreds of new machines added each month, there are now more than 7,700 bitcoin ATMs spread all over the world. A new bitcoin ATM operator also installed its first bitcoin...
Crypto Answers to the Global Crisis: Bitcoin's Do-or-Die Moment
28.4.2020
The COVID-19 pandemic has resulted in global financial and economic crisis, and this is the best chance for crypto to prove its benefits
Is Bitcoin a Good Investment: Analyst Predicts High Institutional Demand Post Covid-19
25.4.2020
The global crisis and financial market turmoil have many investors looking into whether cryptocurrencies, such as bitcoin, are a good investment for them. A Japanese analyst has predicted high institutional investor demand for bitcoin post coronavirus crisis, giving three key reasons why...
Why This Global Crisis Is a Defining Moment for Stablecoins
18.4.2020
The programmability of stablecoins will "change how we think about money itself," says cLabs' Marek Olszewski
IMF Predicts Worst Global Crisis Since Great Depression, Costing $9 Trillion
16.4.2020
The International Monetary Fund (IMF) said the world’s current economic crisis is the worst downturn since the Great Depression, and no country is spared. The IMF estimates that the cumulative loss to global GDP from the pandemic could be around 9 trillion dollars. Also read: IMF Declares...
10 Countries Actively Regulating Cryptocurrency Despite Global Crisis
6.4.2020
Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South...
Making Bitcoin Go Viral: Could Endless Printing Trigger a Hyperbitcoinization Event?
26.3.2020
Hyperbitcoinization has been defined as “a state where bitcoin becomes the world’s dominant form of money.” But what actually needs to happen for bitcoin to ‘go viral’? As it turns out, a hyperbitcoinization event may be more likely than many suspect, especially in...
Cryptocurrency Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures
25.3.2020
In this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging stock markets. Through it all, governments worldwide are still focusing on cryptocurrency regulation, including the U.S., South...
Bitcoin Likely to Turn Up as a Safe Haven Amidst Global Crisis
24.3.2020
Bitcoin, at the time writing, was trading around $6,600 after retreating by $1000 since yesterday, until the time of writing BTC has regained support from the daily Moving Averages as we see steady intermittent uptrends over the past 10 days Impressively, the Bitcoin price trend has been moving...
Peter Schiff Takes a Dig at Bitcoin, as the Markets Continue to Crumble Down Amid Global Crisis
11.3.2020
Euro Pacific Capital CEO Peter Schiff has taken yet another dig at Bitcoin on Tuesday, pinching media house CNBC of not covering the BTC crash enough. He accused that if Bitcoin had been soaring instead of crashing, CNBC would have given it a non-stop coverage. CNBC has not even mentioned #Bitcoin...
Global Crisis Looms as IMF Report Cites Its Own Policy as Dangerous
18.10.2019
In a new report by the International Monetary Fund (IMF) entitled “Global Financial Stability Report: Lower for Longer,” the group gives an overview of the current debt-ridden and precarious state of affairs in global economics. Not lost on some economists, however, is the irony that...
Three Bank Failures Open New Chapter in Never-Ending Financial Crisis
5.7.2019
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. Also read: Side Effects of Economic Growth: Is Snowden Right to...
Bitcoin Finding Utility As Hedge Against Global Crisis, States A Major Cryptocurrency Firm
17.6.2019
Ever since its inception, Bitcoin has created a buzz across the world. While there are people who invest in Bitcoin as well as other crypto assets thanks to their decentralized nature, there are also many who think such investments do not hold the actual value. The debate is almost always ongoing....