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IMF Cautions Central Banks May Have to Rethink What Constitutes Reserves
18.12.2020
The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings. In a recent study, the global lender points to the changing geopolitical landscape, technological advances and the impact of the Covid-19 pandemic as events likely to influence the composition...
Massive Fake Celebrity-Endorsed Bitcoin Investment Campaign Duping Google, Facebook Traced to Moscow
17.12.2020
A massive bitcoin ad scam campaign — which features celebrities and mainly targeted Australians — has been traced. The investigation’s findings point to a “highly organized” global business that relies on five addresses in Moscow’s center. Massive Bitcoin Ad Scam...
Bitcoin Fund Debuts on Canada’s Biggest Stock Exchange
17.12.2020
CI Global Asset Management has begun to trade on the Toronto Stock Exchange in Canada. The fund’s initial public offering managed to raise $72 million and units commenced trading in both U.S. dollars and Canadian dollars. CI Global Fund Begins Trading CI Global Asset Management has made...
Global Mainstream Media Fills its Boots with Bitcoin News as Prices Rocket
17.12.2020
With bitcoin (BTC) prices finally doing what they have threatened to do for the past few weeks – namely breaking the key USD 20,000 threshold and not stopping there – the mainstream media has once again gone gaga for crypto all over the globe.
Here is how some of the world’s biggest media outlets...
COVID-19 Further Exposes Inequalities in the Global Financial System
16.12.2020
Ramya Vijaya, Professor of Economics, Stockton University.
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To stem the economic fallout from COVID-19, developed countries have injected an unprecedented USD 9 trillion into their economies.
The International Monetary Fund has recommended sustained fiscal support, emphasizing greater...
Bitcoin the third 'most crowded trade' in global fund manager survey
16.12.2020
Asset managers around the globe are losing confidence in the dollar, encouraging them to seek out inflation-resistant investments for their clients
Antier Solutions Expands Its Offerings With Crypto Friendly Banking Solutions Development
16.12.2020
PRESS RELEASE. Antier Solutions, a blockchain development company headquartered in Mohali, India – with two global units in North America and the UK – has expanded its services to offer crypto-friendly bank development solutions targeting start-ups, banks, and financial institutions...
SBI’s Acquisition of Crypto Firm Helps the Asian Giant Create Full-Fledged Digital Asset Trading Desk
16.12.2020
Japanese financial group SBI Financial Services has announced the acquisition of the United Kingdom-based crypto services firm B2c2 for an undisclosed amount. The purchase helps the Asian financial giant to become one of the mainstream financial institutions to have a full-fledged digital asset...
JPMorgan Sees $600 Billion Demand for Bitcoin From Global Institutional Adoption
15.12.2020
JPMorgan’s analysts have predicted significant demand for bitcoin following the $100 million purchase of the cryptocurrency by Massmutual. The analysts believe that other traditional investors, including pension funds, will follow suit, leading to a conservative estimate of $600 billion...
Ex-People’s Bank Chief Says Digital Yuan Not Planned to Replace Global Currencies
14.12.2020
"We are not like Libra and we don’t have an ambition to replace existing currencies,” said a former governor of the People's Bank of China
Morgan Stanley Strategist: Bitcoin Rising to Replace US Dollar as World’s Reserve Currency
13.12.2020
Morgan Stanley’s global strategist has made a case that bitcoin is making progress towards replacing the U.S. dollar as the world’s reserve currency. “Do not assume that your traditional currencies are the only stores of value, or mediums of exchange, that people will ever...
Mastercard Severs Ties With Pornhub — Is Mainstream Crypto Adoption Coming for the Porn Industry?
11.12.2020
Global payment companies Mastercard announced on December 10, 2020, its official decision to ban their customers from using credit and debit cards to arrange purchases on one of the biggest adult websites. Visa has taken the same measure on a temporary basis. Mastercard Cuts Ties With Pornhub...
S&P, State Street Lead $15M Investment in Crypto Data Startup Lukka
10.12.2020
Lukka is looking to go mainstream with a strategic investment from three stalwarts of traditional finance
Bitcoin will gain from distrust in traditional finance, says bank strategist
10.12.2020
Will Bitcoin end the dollar’s supremacy one day?
Bitcoin ‘Making Progress’ on Bid to Oust Dollar, Morgan Stanley Chief Global Strategist Says
9.12.2020
Bitcoin's success should force governments to grapple with falling public trust in fiat currencies
Gold Bug Frank Holmes Optimistic About BTC Prospects in 2021, Says Halving Cushioned Demand
9.12.2020
The well known gold bug, CEO and chief investment officer at U.S. Global Investors, Frank Holmes recently sat down for an interview and discussed his price predictions in regard to the 2021 value of gold. Holmes also said that cryptocurrencies will continue to do well next year, as he believes...
Another Asian Crypto Exchange Suspends Withdrawals as China Detains One of Its Founders
9.12.2020
Chinese authorities are launching a national crackdown against fraudulent SIM card and bank account schemes. The latest detained under this operation is one of the founders of a Hong Kong-based cryptocurrency exchange CEO Global (ceobi). Crypto Exchange Founder Taken Into Custody by Chinese Police...
The Global Games Industry Conference Pocket Gamer Connects Digital #5 Returns in 2021
9.12.2020
The Global Games Industry Conference ONLINE Following four fantastic digital events in 2020, Pocket Gamer Connects will return in 2021 with another world-welcoming online conference. A Pocket Gamer Connects online conference is the perfect way to meet, learn from, and do business with over 1,300...
Wells Fargo Investment Institute Report Compares Bitcoin to the 1850’s Gold Rush
9.12.2020
On Monday, the U.S. bank Wells Fargo’s wholly-owned subsidiary and registered investment adviser the Wells Fargo Investment Institute published an investment strategy with a page dedicated to the crypto asset bitcoin. The institute’s contributing author and Head of Global Asset...
Late to Logical
7.12.2020
2020 brought another wave of logical property features to major browsers and I’ve thoroughly enjoyed my investment into logical, rather than physical, web styling. I feel like I’ve learned a new way to speak about the box model that results in less written code with more global coverage.
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