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Gold Investors Are Terrified Central Banks Might Dump Bullion During the Economic Crisis
3.4.2020
Despite what gold bug Peter Schiff says, economists are uncertain that gold will shine during the current coronavirus crisis. While gold and other precious metals have seen decent gains in the last few weeks, a few investors are terrified that central banks will use their flight-to-safety assets...
Bitcoin Needs To Make an Effort to Not Waste This Crisis
3.4.2020
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...
Homeowners Can’t Pay: US Lenders Prepare for Catastrophic Real Estate Market
3.4.2020
The coronavirus has managed to seep into every facet of the global economy and it seems nothing will escape its financial wrath. During the last two weeks as unemployment levels have skyrocketed in the U.S.; analysts, economists, and wealth managers have been warning about another subprime mortgage...
Stellar Will Give 2.5 Million Lumens To Charities to Help During Crisis
3.4.2020
The Stellar Development Foundation will donate up to 2.5 million Lumens to Tor, UNICEF and four other projects to help out during the Coronavirus pandemic
Spain’s Tax Authority Sending Notices to 66,000 Cryptocurrency Owners
2.4.2020
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...
Investment in Blockchain in Energy Markets Will Top $35 Billion by 2025
2.4.2020
The rate of growth for investment in blockchain is projected to be 82% annually
Bitcoin Ends Q1 Down 10%, Outperforming Equities in Coronavirus Crisis
31.3.2020
Bitcoin ended the first quarter of 2020 down from the start of the year, but not as badly as the record-setting losses suffered by global equities
US Mortgage Industry Could Collapse as Housing Crisis Looms, Experts Say
31.3.2020
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
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...
Jack Dorsey Has Better Plans to Save US From Ongoing COVID-19 Crisis
28.3.2020
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...
Don’t Apply 2008 Thinking to Today’s Crisis
27.3.2020
Economists, analysts and big bank CEOs tell us that there is nothing to fear because this time is different from 2008. If only it were so simple
Pantera Capital CEO: BTC Will ‘Come of Age’ in Crisis, May Top All Time High
27.3.2020
The blockchain and cryptocurrency hedge fund founder said the cryptocurrency could rise far above its all-time high of $20,000
Geopolitical Crisis May Benefit Oil, Gold and CBDCs, Not Bitcoin
26.3.2020
Demand for gold is skyrocketing and the clamor for scarce assets in a remote-first world was precisely where bitcoin was supposed to shine. But it's complicated
Gold-Backed Stablecoins Race to Keep Up With Crisis-Driven Demand
26.3.2020
Gold-backed crypto tokens continue to rise in price as sourcing gold itself during the coronavirus-induced downturn is reportedly getting more difficult
Making Bitcoin Go Viral: Could Endless Printing Trigger a Hyperbitcoinization Event?
26.3.2020
Hyperbitcoinization has been defined as “a state where bitcoin becomes the world’s dominant form of money.” But what actually needs to happen for bitcoin to ‘go viral’? As it turns out, a hyperbitcoinization event may be more likely than many suspect, especially in...
This Is Our Last Chance to Protect Our Privacy Amid the COVID-19 Crisis
26.3.2020
Are you ready to sacrifice your privacy and let the government total control over your lives?
World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic
25.3.2020
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...
Cryptocurrency Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures
25.3.2020
In this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging stock markets. Through it all, governments worldwide are still focusing on cryptocurrency regulation, including the U.S., South...
8 US States Follow DHS in Naming ‘Blockchain Managers’ as Essential Employees in Coronavirus Crisis
24.3.2020
At least eight U.S. states have directed “blockchain managers” in food and agriculture to keep working through COVID-19 shutdowns following guidance from the Department of Homeland Security, though it remains unclear who this includes