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Nalezeno "Crisis": 849

Bitcoin Needs To Make an Effort to Not Waste This Crisis


While many bitcoin (BTC) hodlers hope that despite the COVID-19 pandemic and troubles in the traditional financial markets - or exactly because of them - BTC will skyrocket, it might not happen without the active involvement of the Cryptoverse itself. "In addition to the unique properties...

Spain’s Tax Authority Sending Notices to 66,000 Cryptocurrency Owners


The Spanish tax authority has reportedly started sending notices to about 66,000 cryptocurrency owners in the country. This number represents a massive increase from the 14,700 tax letters the agency sent to crypto owners last year. The letters will continue to be sent until the end of June despite...

US Mortgage Industry Could Collapse as Housing Crisis Looms, Experts Say


The U.S. mortgage industry faces collapse once again, this time due to the economic consequences following the coronavirus outbreak and massive job losses. Up to 50% of borrowers could default on their mortgage payments, according to industry estimates. Since the stimulus bill signed by President...

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...

Jack Dorsey Has Better Plans to Save US From Ongoing COVID-19 Crisis


The U.S. is one of the first countries to come across a Covid-19 infection, after Wuhan, China. It was in December 2019 when it all started, further spreading it across the globe. The U.S declared it a pandemic, a global health emergency on 13th March 2020. It took a while for Trump to have...

World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic


The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with...

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