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Global Outlook Cut Down To Decade Low By World Bank As Trade Nosedives
5.6.2019
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...
Delphi Digital’s Latest Report On Bitcoin Says that “Bitcoin is the King of the Asset class Hill”
4.6.2019
The firm also revealed that Bitcoin’s value escalated more than 60% in May, which is the most elevated month to month return in over a year and a half, which indicates the world’s most well-known cryptocurrency has outperformed practically any global resource in 2019. In a recent tweet...
Morgan Stanley Predicts Recession Within a Year if Trade War Drags On
3.6.2019
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
3.6.2019
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...
Federal Preemption or States’ Rights? Crypto Advocates Clash Over Regulatory Approaches
3.6.2019
America’s fundamental political divides come to define approaches to crypto regulation
World Economic Forum Forms Tech Policy Councils For AI, IoT, Blockchain, Will Help Regulators
30.5.2019
Blockchain technology, Artificial Intelligence (AI), and Internet of Things (IoT) are the most sought after and applied technologies of modern times. The three will have a serious impact on the future, economically and technologically. However, regulators across the globe, due to their limited...
Bitcoin Price Analysis: Although Trends Are Bullish, A Fear-Filled Sentiment is Clouding the Judgement of Investors
29.5.2019
The sudden shoot in the Bitcoin (BTC) caused a sense of panic among investors. However, Bitcoin seems to hit $10,000 USD mark by the end of next month. Besides the slowdown in the market last month, Bitcoin (BTC) managed to maintain a steady growth. The fear of bad return in other altcoins and...
Shipping Companies Raise Cargo Rates For Transporting Goods From The US To Venezuela
29.5.2019
According to three industry sources and two documents, the cargo rates for transporting goods from the United States to Venezuela has been raised by two major shipping company this month. The reason is said to be because the U.S has sanctioned limit transit between the two countries. Earlier on...
Dithering U.S. Regulators Risk Causing a Brain Drain to Friendlier Crypto Climes
28.5.2019
Cryptocurrency companies in the United States aren’t happy. Token issuers, exchanges, and VCs are up in arms about vague and contradictory guidance on crypto asset regulation. Should the U.S. fail to update its archaic securities laws, they warn, there is a risk of top talent making an exodus...
Cryptocurrency And The United States, The Troubled Marriage (Part I – Economic Reasons)
28.5.2019
The United States is often referred to as the Land Of Opportunities. It is known as the epitome of technological and scientific research. The country itself has created some of the most coveted and iconic products, from the Harleys to the iPhones. So when cryptocurrencies touched the American...
Cryptocurrency And The United States, The Troubled Marriage (Part I – Economic Reasons)
28.5.2019
The United States is often referred to as the Land Of Opportunities. It is known as the epitome of technological and scientific research. The country itself has created some of the most coveted and iconic products, from the Harleys to the iPhones. So when cryptocurrencies touched the American...
Huawei Reviewing Ties with FedEx After Diverted Packages Claim
28.5.2019
One of the big casualties of the trade war between the United States and China has been the Chinese tech giant Huawei. The company has not only been banned from supplying telecom equipment to US companies, but last week it was blacklisted as well, and before long, no American company will...
Bitcoin Hits All-Time High Versus Argentine Peso Amid Presidential Election Risks
27.5.2019
Bitcoin prices versus the Argentine peso have hit an all-time high, as major investors are concerned about the pesos future should a populist candidate carry the elections
Traders Are Now Banned From Using Localbitcoins Exchange in Iran
24.5.2019
Traders from Iran have been banned from using the peer-to-peer trading platform Localbitcoins.com within the country. The Iranian section of the website displays a short message that states that the exchange is “currently not available.” The news follows significant Iranian rial trade...
Panasonic Becomes Latest Company to Sever Ties with Huawei
24.5.2019
One of the most incredible fallouts from out of the trade war between the United States and China has been the way in which Chinese tech giant Huawei has found itself pushed into a corner. The US had accused that the company’s telecom equipment is used for spying by the Chinese state and eventually...
Coinstar Expands Bitcoin Buying Service to Cover 21 US States
23.5.2019
Kiosk network Coinstar has expanded its bitcoin-buying service, adding around 100 new outlets and growing U.S. coverage to 21 states
Saudi Arabia States Oil Producers are Looking to Reduce Inventories
22.5.2019
One commodity that almost always sends investors into a bit of a tizzy is oil, and due to the current fragility in the oil market, there has been a lot of concerns from investors all over the world. In a recent report, Bank of America had even stated that the price of Brent crude could …
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New Report By European Central Bank Says That Cryptocurrencies Are Not A Threat To Financial Stability
21.5.2019
Cryptocurrencies have become one of the most talked about topics in recent times, and certainly among the most debated ones. However, regulators across the globe seem to be at war with digital assets, which are often thought of as harmful for economic health. Europe has played more or less...
Kik CEO Says Firm Spent $5+ Million on Negotiations With US SEC: Report
19.5.2019
Startup Kik allegedly spent over $5 million on its negotiations with the U.S. SEC
Donald Trump All Set to Sign Order That Will Ban Huawei from the United States
15.5.2019
One of the biggest fallouts from the tensions between the United States and China has been the former’s accusation against the Chinese telecommunications giant Huawei, that eventually led to its ban in America. The US authorities accused that the telecommunication equipment that is supplied...