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Nalezeno "Crisis": 849

Travala Sees 205% Jump in Booking Revenue as Travel Demand Returns — 60% Paid With Cryptocurrencies

2.6.2020
Crypto-friendly travel booking platform Travala has reported booking growth as demand for travel returns despite continued coronavirus crisis and extended lockdowns in many places. Its booking revenue in May soared 205% and 60% of all bookings were paid with cryptocurrencies. Travel Demand...

UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief

1.6.2020
The UK government is seizing funds in dormant bank accounts worth approximately $185 million to fund its coronavirus relief efforts. So far, 30 banks have been voluntarily transferring money from dormant accounts to the government, including HSBC, Barclays, Clydesdale, Credit Agricole, Danske...

The Worst Crisis in a Century Is Setting the Stage for Bitcoin

29.5.2020
The world’s existing economies are suffering due to the COVID-19 pandemic, which has revealed the main benefits of decentralized tech and crypto

Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving

29.5.2020
Grayscale Investments has purchased more than 1.5 times the number of bitcoins mined since the third Bitcoin halving for its bitcoin trust. This indicates that there is a strong institutional demand for the cryptocurrency, which is expected to grow significantly post the coronavirus crisis. GBTC...

Role of Digital Currencies In Core Payment Systems Post COVID-19 Crisis

28.5.2020
While celebrating the start of a new decade, who would have thought that the world population is heading towards one of the biggest healthcare calamities of all time. The year 2020 has successfully placed itself in the list of one of the most unfortunate years in history due to the outbreak...

IMF Predicts Banks Will Struggle at Least 5 More Years After Global Economy Recovers

26.5.2020
The International Monetary Fund (IMF) has predicted that banks will struggle to generate profits at least five years after the global economy recovers from the coronavirus-led economic crisis. The IMF explained that banks were struggling even before the covid-19 pandemic so their troubles...

Can the Increasing Crypto Trading Reverse the Fiscal Crisis in Lockdown?

25.5.2020
The world is struggling in the merciless grip of COVID-19, and the extended lockdown has tossed the economic sector of every nation into a state of chaos and depression. However, amid all the darkness and economic slump, cryptocurrency is shining like a ray of hope. Indeed, cryptocurrency trading...

US Real Estate Crisis: Home Sales Plunge to 9-Year Low, Mortgage Delinquencies to Soar Past Great Recession Level

24.5.2020
The US real estate market is facing a crisis as unemployment soars amid the coronavirus pandemic. Home sales have plunged to a nine-year low and a record-high number of homeowners are defaulting on their mortgage payments. The impact of the real estate crisis is also seen in rental and commercial...

Goldman Sachs to Host Conference Call on Crisis, Crypto, and Inflation

24.5.2020
Goldman Sachs will soon host a conference call discussing the impacts of the current economic crisis on Bitcoin, gold, and inflation

Illegal to Own Gold? Hedge Fund Manager Warns Governments May Ban Gold Ownership

22.5.2020
A well-known hedge fund manager has warned that governments may ban private gold ownership. He explained that central banks may attempt to demonetize gold, making it illegal for private individuals to own, as the authorities lose control of inflation amid the coronavirus-led economic crisis....

What Can Crypto Crisis Managers Learn From BlockFi's Silence & tBTC's Openness?

22.5.2020
A crisis will inevitably happen for any company - but how it reacts to it and communicates it to the public can make or break it. Let's take a look at how two different teams in the Cryptoverse communicated their recent incidents and what advice communication professionals offered. BlockFi:...

Trump Signs Deregulation Order to Boost US Economic Recovery

21.5.2020
U.S. President Donald Trump has signed an executive order to eliminate “unnecessary regulations that impede economic recovery” following the coronavirus crisis. With this deregulation, government agencies are “encouraged to promote economic recovery through non-regulatory...

5000 BTC Giveaway Scam: Chamath Palihapitiya, Elon Musk Not Giving Away Bitcoin

20.5.2020
The number of bitcoin giveaway scams has been increasing rapidly amid rising prices of cryptocurrencies and deepening economic crisis worldwide. These scams claim that famous people are giving away bitcoin, such as Virgin Galactic Chairman Chamath Palihapitiya, Tesla CEO Elon Musk, and U.S....

Economists Predict Worst Recession Ever for India Amid Lockdown Extension

19.5.2020
Economists have predicted that India will face its worst recession ever as the country announced another nationwide lockdown extension. India’s economy is forecasted to contract 45% in the second quarter following the Rs 20 lakh crore coronavirus relief stimulus package which some economists...

Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates

18.5.2020
Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates. Germany Enters Recession The German economy is now in...

How Digital Asset Funds Are Doing During the COVID-19 Crisis

16.5.2020
Despite a correlation between crypto hedge funds and traditional public markets, crypto assets have more benefits in a time of crisis

How Investors Are Presented With Bitcoin: ‘A New Decentralized Monetary Asset, Akin to Gold’

16.5.2020
Bitcoin (BTC) is a compelling investment case “for patient, long-term investors” willing to spend the time to understand the top cryptocurrency, a new paper by Paradigm co-founder managing partner Matt Huang notes. The crypto entrepreneur places BTC besides gold, as a go-to store...