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Bitcoin Naysayer Jamie Dimon Praises $2 Trillion Stimulus While Predicting Great Recession
8.4.2020
JPMorgan Chairman and CEO Jamie Dimon predicts a major recession on par with the Great Recession of 2008
Your Crypto Startup Needs a Recession Strategy
7.4.2020
A shakeout is coming in crypto venture capital and entrepreneurs should react with a new plan, says our columnist
Digital Assets Are More Recession-Proof Than You Might Think
6.4.2020
Like gift cards, digital tokens represent claims on future services. In a downturn, they may not lose value as readily as equities and debt
Rich Dad Poor Dad Author Robert Kiyosaki: Dollar Is Dying, Buy Bitcoin
6.4.2020
Robert Kiyosaki, the author of the popular book “Rich Dad Poor Dad,” talked about the death of the U.S. dollar and how one should take the government’s free money and buy bitcoin. The best-selling author also explained the cost of free money. Also read: IMF Declares Global...
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...
Where to Buy Bitcoin in India: Cryptocurrency Exchanges Lower Their Fees
5.4.2020
Since the supreme court lifted the RBI ban, more people have been looking to buy bitcoin and other cryptocurrencies in India. Responding to community feedback, a number of cryptocurrency exchanges have lowered their fees as the Indian crypto sector continues to grow. Also read: IMF Declares Global...
Malaysia Becomes the Next Country to Approve Cryptocurrency Exchange Amid Covid-19 Crisis
4.4.2020
Malaysia’s Securities Commission has given full approval to a cryptocurrency exchange operator to legally operate in the country despite the nationwide lockdown due to the coronavirus pandemic. Recently, Japan also approved a new cryptocurrency exchange as the country continues to fight...
Pandemic Assistance: Maduro to Airdrop Cryptocurrency to All Doctors in Venezuela
4.4.2020
Venezuela’s President Nicolas Maduro has announced that he is airdropping cryptocurrency to every doctor in his country as a token of appreciation for their work to combat the coronavirus outbreak. The national cryptocurrency, the petro, will be distributed via the Homeland card (Carnet de...
Nationwide Lockdown: Indian Cryptocurrency Exchanges See Signups and Trade Volumes Increase
3.4.2020
India is currently under a nationwide lockdown due to the coronavirus outbreak. News.Bitcoin.com talked to executives of local cryptocurrency exchanges to find out the impact of the lockdown on cryptocurrency trading. They revealed that more people are actually trading cryptocurrencies on their...
This Crisis Is Good For Bitcoin, But Beware of Recession - Luno CEO
31.3.2020
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...
IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed
30.3.2020
The International Monetary Fund (IMF) has declared that we have entered a global recession — one that is as bad as or worse than the previous global financial crisis. 80 countries have already requested emergency assistance from the IMF. Meanwhile, the G20 has reported fiscal measures...
Can CBDC Help Recover From Coronavirus Recession And Lead To Bitcoin?
29.3.2020
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
28.3.2020
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...
Blockchain Jobs Continue to Rise Despite Global Recession
28.3.2020
Despite the global recession blockchain jobs continue to rise at a rate of 3%
S Korean Province to Fight COVID-19 Recession with Stablecoin Handout
25.3.2020
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...
Bitcoin and Gold: Evaluating Hard-Cap Currencies in Times of Financial Crisis
23.3.2020
How would a bitcoin economy react to coronavirus? For now, we don’t know. However, we can turn to a proxy for insight: gold
House Stimulus Bills Envision ‘Digital Dollar’ to Ease Coronavirus Recession
23.3.2020
Proposed legislation meant to shore up the U.S. economy during the coronavirus pandemic includes a recommendation to create a digital dollar
Can’t Lock Down Bitcoin: Trump Ponders Halting Stock Trading, Grounding US Passenger Flights
21.3.2020
In the wake of the coronavirus outbreak and a looming recession, U.S. President Donald Trump and his administration are contemplating halting stock markets next week. The White House is currently considering grounding all passenger planes and ordering a nationwide shelter. However, bureaucrats from...
US Real Estate in Jeopardy – Analysts Predict Housing Market Crash to 29-Year Lows
21.3.2020
As the coronavirus outbreak ravages the global economy, a number of industries are taking a bit longer to feel the brunt of the financial hardship. As individuals watch the value of their investments fall, economists believe the U.S. housing market will crash to 29-year lows amidst a looming global...
China’s Changing Perception of Bitcoin: Bitkan CEO Shares Insights After 7 Years in Crypto Industry
20.3.2020
Since the advent of bitcoin in 2009, cryptocurrencies have gone from being a niche topic for tech nerds to ubiquitously recognized — if not always understood — staples of modern finance. Bitkan CEO Liu Yang recently took some time out to give news.Bitcoin.com a peek into the Chinese...