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Nalezeno "Crisis": 855

Crypto Miner Bitfarms Cuts Costs and Reduces Staff Due to COVID-19 Crisis

7.4.2020
Canadian mining firm Bitfarms is temporarily cutting its workforce as part of its efforts to weather the COVID-19 pandemic

2 American Banks Have Failed Since Coronavirus Started Spreading in the US

6.4.2020
Since the coronavirus started spreading in the U.S., two banks have failed and were shut down by state banking authorities. One was a bank in West Virginia and the other was in the state of Nebraska. The governor of West Virginia has already issued a stay-at-home order due to rising covid-19 cases....

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...

Bitcoin’s Correlations With Global Financial Assets Soar Amid Coronavirus Crisis

5.4.2020
The coronavirus pandemic influences movements in global markets, but how does Bitcoin react to those relations?

Evidence Shows Politicians and Wall Street CEOs Expected the Market Crash Well Before Covid-19

4.4.2020
The coronavirus outbreak has sent shockwaves through the world’s economy and this has caused politicians and central bankers to react in various ways. However, global market leaders, Wall Street CEOs and hedge fund managers had one of the best years in more than a decade since the 2008...

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...

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...