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Looming US Real Estate Crisis – Freddie Mac Warns of Housing Market Uncertainty, Homebuilder sentiment Drops 58%
16.4.2020
U.S. real estate agents and lenders are bracing for the biggest housing crash in over a decade. Since the coronavirus spread and the American government shut down the nation’s economy, Freddie Mac’s quarterly real estate report is grim and says the U.S. housing market faces considerable...
Alibaba Subsidiary Ant Financial Launches New Consortium Blockchain Platform for SMEs
16.4.2020
Ant Financial’s new consortium blockchain platform may push blockchain technology to the masses
$2,000 a Month: US Lawmakers Propose Basic Income for Americans to Cope With Covid-19 Economy
16.4.2020
Democrats from the House of Representatives have introduced legislation that would pay eligible Americans $2,000 a month until U.S. unemployment numbers return to pre-covid-19 levels. Under the proposal, any American citizen 16-years or older making less than $130K per year would receive monthly...
Crypto Finance AG Raises $14.5M from Big Name Swiss and Asia Pacific Investors
16.4.2020
The Series B was led by prominent Swiss investor Rainer-Marc Frey and major Beijing-based private equity fund Lingfeng Capital
Swiss Crypto Firm Closes $14.5M Series B to Help Secure Brokerage License
16.4.2020
Crypto Finance AG's $14.5 million funding round will go toward international expansion and courting institutional investors
Blockchain Acceptance Could Revolutionize Finance in Abu Dhabi
15.4.2020
While a local bank is using blockchain to execute cross-border transactions, Abu Dhabi Global Markets is preparing to launch this quarter
‘Black Thursday’ Liquidations Sparks $28M Lawsuit Against Maker Foundation
15.4.2020
The Maker Foundation is being sued in a class-action lawsuit for $28 million over the March 12 event that caused over $2 million in liquidations. The lawsuit alleges that the team behind the Makerdao project did not explain the extreme risk of loss to investors. Also read: ETH Price Strains Defi...
China’s Internet Finance Association Says Blockchain Is Maturing
15.4.2020
The National Internet Finance Association of China says blockchain is headed towards maturity
World Bank Digs Deeper Into DLT and FinTech for Financial Inclusion
14.4.2020
The World Bank Group outlines new tech like DLT and stablecoins as crucial for financial inclusion
How Zero Interest Rates in the US Will Impact Stablecoin Adoption
14.4.2020
Financial measures to fight the COVID-19 pandemic might force the adoption of stablecoins worldwide
Crypto Long & Short: DeFi and Traditional Finance Are Forming an Unlikely Friendship
13.4.2020
Many believe DeFi is the future of finance, unleashing efficiencies and creating a more transparent framework. Others find the idea terrifying
Ross Ulbricht’s 9th Price Analysis Predicts Bitcoin Prices Below $3,000
13.4.2020
The founder of the Silk Road marketplace, Ross Ulbricht, has published another analysis that attempts to predict the price of bitcoin. Ulbricht started sharing his price examinations last December and he leveraged the patterns of Elliott Wave theory to bolster his forecast. Also read: Bitcoin...
Spain’s Lawmakers Plan to Provide Basic Income to Low-Income Residents
12.4.2020
Spain is preparing to provide universal basic income (UBI) to low-income individuals due to the wrath of the coronavirus, the country’s minister for economic affairs Nadia Calviño recently explained. There’s no set date yet for the UBI program, but Spain’s officials said they...
The Pandemic Couldn’t Have Provided a Better Environment for Crypto
10.4.2020
In response to coronavirus pandemic, the industry of emerging technologies, such as crypto, has a chance to prove its success
Grayscale Ethereum Trust Trading at 515% Premium
10.4.2020
With $195 million in assets under management, the Grayscale Ethereum Trust is currently selling shares at a 515% premium
France’s CBDC Test Moves Digital Euro One Step Closer to Reality
9.4.2020
France has unveiled plans for a CBDC, but how will it affect the cryptocurrency industry and broader financial ecosystem?
Chicago DeFi Alliance Launches to Save Decentralized Finance
8.4.2020
Major U.S. brokerage TD Ameritrade backs the Chicago DeFi Alliance, a new initiative aiming to support DeFi development in compliance with trading regulations
Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital Payments
8.4.2020
Since the covid-19 outbreak wreaked havoc across the world’s economies, the global multinational investment bank Deutsche Bank has been encouraging the use of digital currencies. The firm’s Twitter account and macro strategist Marion Laboure have been tweeting regularly about...
Finding Digital Answers to Global Sustainability Threats
7.4.2020
Due to the new phase of technological adoption and the emergence of unprecedented cataclysms, 2020 may become a year of digitalization and impact finance
CoinGecko CEO: ‘Hard for CoinMarketCap to Stay Neutral’
7.4.2020
The recent acquisition of CoinMarketCap by Binance has some in the crypto community speaking out, including CoinGecko CEO Bobby Ong