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Bitcoin Miners 'Highly' Profitable Again, China Still Dominates


At current prices, the average miner is highly profitable again, with even older gear and high-cost producers currently able to make profit, crypto investment firm CoinShares concluded in its newest report on Bitcoin mining. It also claims that China still dominates both the mining hardware...

Global Outlook Cut Down To Decade Low By World Bank As Trade Nosedives


The trading sentiment at a global level has been at one of its lowest ebbs for quite some time, and perhaps the primary trigger for that has been trading war between the United States and China. When the two biggest economies in the world are involved in a trade war, then it is certain...

BCH Businesses Launch Development Fund for Bitcoin Cash


On May 30, the FVNI Development Society in collaboration with Bitcoin.com, Bitcoincash.org, Electron Cash, Bitcoincash.com and a multitude of individuals and businesses in China launched a new fundraiser to support the software engineers who maintain the technical development of the Bitcoin Cash...

China and India Leading Fintech Adoption Charts According to EY


It was perhaps only a matter of time before the world of finance and cutting edge collided to form a new set of products altogether. For many, it was not really a big surprise when a new industry named financial technology or Fintech emerged over the past half a decade or so and ever since...

Morgan Stanley Predicts Recession Within a Year if Trade War Drags On


The prolonged trade war between the United States and China has been one of the most damaging diplomatic and economic developments over the past few months. Despite the hope that the issue was going to be resolved, all talks broke down last month and soon enough, the problem escalated...

White House Economic Adviser Kevin Hassett To Step Down Soon


Over the years, numerous high profile advisers and officials have left the Trump administration for a variety of reasons. However, the reason behind economic advisor Hassett’s departure is still unclear so far. Ever since Donald Trump became the president of the United States, the sudden departure...

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