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Nalezeno "No recession": 391

This Crisis Is Good For Bitcoin, But Beware of Recession - Luno CEO


The current global crisis is good for crypto as it shows the dysfunctionality of the existing system, according to Marcus Swanepoel, co-founder and CEO of crypto exchange Luno. However, in case of a global recession, this nascent industry might be hit hard too, he warned. Crypto was born out of...

Can CBDC Help Recover From Coronavirus Recession And Lead To Bitcoin?


Equestrian statue of the Duke of Wellington in front of the Bank of England. There is a general consensus that the global economy is heading for a sharp recession. The economic output will contract, but there are, at least, certain innovations that can be implemented to mitigate...

Stablecoins Will Have to Adapt to Survive Coronavirus Recession


Stablecoins are facing new challenges. With USD interest rates hitting 0% and US Treasury yields turning negative, it's becoming increasingly hard to earn a profit simply by holding USD in reserve or by purchasing US Treasury bills. While some stablecoins operate using alternative business models...

S Korean Province to Fight COVID-19 Recession with Stablecoin Handout


Suwon, the capital of Gyeonggi Province. South Korea was one of the first nations after China to be hit with a major coronavirus outbreak. But as the health crisis slowly abates in the East Asian nation, government authorities are now looking at ways to deal with COVID-19’s economic fallout. But...

US Economist Claims That Country is in Recession Due to Covid-19 Outbreak


Michelle Meyer, a top U.S economist of Bank of America, has shocked the global financial space by laying out a warning note for the investors stating that the U.S is undergoing a recession period triggered by the uncertain situations created by the coronavirus pandemic. The bank has revealed that...

How Long Will the Market Downturn Last?


When will normality return? How long till global markets recover and bitcoin resumes the bull run it was teasing at before the coronavirus materialized? These are questions that all investors are pondering as the epidemic wreaks havok on gold, oil, stocks and – up until March 19 –...

German Banks Authorized to Store and Sell Cryptocurrency in 2020


Next year German banks will be able to manage cryptocurrencies like bitcoin after the fourth EU money laundering directive goes into effect. The directive passed in the German parliament, Bundestag, allows banks in the country to act as cryptocurrency custodians rather than rely on third-party...

Germany Barely Avoids Recession, Economy Remains Stagnated


The German economy, the largest and most influential in Europe, narrowly missed falling into recession last quarter. But with quarterly GDP growth averaging a little over 0% since the third quarter of last year, the Old Continent’s economic powerhouse is facing stagnation. Also read:...

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