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Trade Tensions Weigh on the Dollar Despite Recovery From Trump Impeachment News
25.9.2019
On Wednesday, the U. S. Dollar received a major jolt after it emerged that formal impeachment proceedings were about to begin against the United States President Donald Trump. The political development of that sort almost always results in a loss of confidence in a nation, in its economy...
Oil Rises and Shares Drop in Asia Owing to Geopolitical Tensions
23.9.2019
For most of the year so far, the capital markets in different parts of the world have been disrupted by uncertainty due to geopolitical tensions. The biggest geopolitical issue that has spooked the markets for the entire year so far has been the trade war between the United States and China. When...
Ethereum Supporter Steven Nerayoff Gets Arrested For Extortion
20.9.2019
Steven Nerayoff, an early supporter of Ethereum blockchain project and Overstock’s tZero’s former advisor, has been arrested by the U.S law enforcement for extortion. The charges against the official have been announced jointly by the U.S. Attorney for the Eastern District of New York and the FBI’s...
Looming Economic Slowdown Likely to Force FED to Cut Interest Rates
18.9.2019
Over the course of the year, the global economy has given even indications that a slowdown might be looming and naturally, central banks have been urged to cut interests in order to stimulate growth. Many central banks across the world have cut interest rates. Last time around, the United States...
Edward Snowden: US Gov’t Lawsuit to Block Book Is ‘Good for Bitcoin’
18.9.2019
Bitcoin can protect my money from gov’t theft, says Snowden
GM to Include Electric Pickup and Batteries in $7 Billion U.S. Investment Pledge
17.9.2019
Over the past few years, the automobile industry in the United States has come under a lot of pressure due to the fact that most of those companies had a large number of overseas production facilities. The United States President, Donald Trump has been quite vocal about the whole affair and even...
US Sanctions Three North Korea-based Crypto Hacking Groups
16.9.2019
The United States of America has given its nod for the sanction of three North Korean state-sponsored hacker entities responsible for “North Korea’s malicious cyber activity on critical infrastructure,” announced the U.S Department of Treasury on September 13, 2019. According to the announcement...
US President Donald Trump Bans Petro Cryptocurrency
16.9.2019
The United States President, Donald Trump has announced the ban of Venezuelan cryptocurrency, Petro, in the country. The U.S Senate Bill 1025, which will essentially enforce an executive order, signed by Donald Trump in 2018, came into law. The executive order banned the U.S citizens, permanent...
As Global Economy Weakens, Federal Reserve All Set for Stimulus Pump
16.9.2019
It has been clear for quite a while that the global economy has been weakening for the past few months, and there has been a lot of speculation regarding the possible solutions to the impending trouble. The trade war between the United States and China is definitely one of the reasons behind...
Cubans Fall Back on Bitcoin and other Cryptos For Bypassing US Sanctions
13.9.2019
It is a widely known fact that Cuba has been stuck in an analogue phase to date. Thus, the likeliness for the country to become a crypto hub is extremely low. However, things seem to be changing now, thanks to the mobile internet connectivity that was rolled out almost around one year ago....
Bittrex to List Hedera Hashgraph for U.S. & International Customers
13.9.2019
The United States-based, globally reputed cryptocurrency exchange, Bittrex has announced the listing of its highly anticipated project, Hedera Hashgraph, on its platform. Carved out as the brainwork of Dr. Leemon Baird, Hedera Hashgraph ($HBAR) will be made available for the trading purpose...
Walmart’s ‘Delivery Unlimited’ Service All Set to Be Expanded Across the United States
12.9.2019
Retail behemoth Walmart has possibly been the most innovative company when it comes to traditional retail, and over the years, it has tried a wide a range of tactics to enhance its already impressive market dominance. Over the past decade or so, the company has also devised ways to tackle...
US E-Cigarette Ban Stokes Fears Trump Could Target Bitcoin
12.9.2019
Trump proves ease of banning anything: Bitcoiners fear they could be next
CEO Jamie Dimon Says that JP Morgan is Preparing for Risks from Zero Interest in the US
11.9.2019
The issues surrounding interest rates have taken centre stage among financial circles over the past few months, and one of the most interesting yet controversial topics has been that of negative interest rates. Many countries in the world now have negative interest rates, and now it is being...
Circle CEO, Jeremy Allaire States that China has an Open-minded Approach to CBDCs
11.9.2019
Circle CEO, Jeremy Allaire, opined that China has the most open-minded way to deal with CBDCs (central bank digital currencies) to date. Further, Allaire said in a recent interview on Phoenix Chinese News that China’s national bank has the most forward-thinking considering Central Bank...
China Adds Almost 100 Tons to Its Gold Reserves
9.9.2019
The world has been in the middle of an economic downturn for most of 2019 due to a range of factors. The uncertainty with regards to interest rates and the continued United States–China trade war has brought on a lot of chaos on to the markets. Due to such chaos many investors have decided...
Binance Charity’s Kind Gesture Towards Dorian Victims, Raises Charity Fund
8.9.2019
Binance Charity, an initiative of the cryptocurrency giant Binance, is setting its pace for a campaign aimed to support the Hurricane Dorian’s victims. Finance Charity began accepting cryptocurrency donation funds on September 3rd for the planned campaign that promises to cater to the basic needs...
The US Department of Energy Permits Around 200,000 Dollars to Factom For Grid Security
7.9.2019
The DOE (Department of Energy) of the United States has granted about 200 hundred thousand dollars to a blockchain company called Factom. The project aims at protecting the national grid of power. As per the reports, the Department has awarded the said funds to the entity on 12th July 2019....
Bittrex Exchange Conducts WAX-WAXP Swap From ERC20 Token To New Mainnet Blockchain
7.9.2019
The United States domiciled cryptocurrency exchange, Bittrex has completed the upgradation of its framework by successfully channelizing the WAX-WAXP swap from ERC20 to a new mainnet blockchain. The users of WAX cryptocurrency tokens will now see a new ticker of $WAXP instead of its earlier...
Despite Potential Economic Slowdown; Citi Goes Big on Credit Cards
6.9.2019
When there is an economic slowdown, then the availability of credit dries up instantly and eventually, the government of the country’s central bank has to stimulate the economy through financial packages. Banks generally stop the tap as far as giving any kind of credit is concerned and eventually...