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Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet
2.10.2019
U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed...
Tron’s Justin Sun to Reschedule Warren Buffett Lunch ‘Very Soon’
26.9.2019
Tron’s Justin Sun says Warren Buffet lunch will be rescheduled “very soon”
Trade Tensions Weigh on the Dollar Despite Recovery From Trump Impeachment News
25.9.2019
On Wednesday, the U. S. Dollar received a major jolt after it emerged that formal impeachment proceedings were about to begin against the United States President Donald Trump. The political development of that sort almost always results in a loss of confidence in a nation, in its economy...
Donald Trump dosáhl svého. Apple bude vyrábět Mac Pro v USA, protože už se mu to v Číně nevyplatí
25.9.2019
Ekonomická a obchodní válka mezi USA a Čínou je kvůli tvrdému přístupu Donalda Trumpa stále v plném proudu a každou chvíli se mění. Teď má jeden zajímavý konkrétní důsledek – Applu se už nevyplatí vyrábět nový počítač Mac Pro v Číně, jak měl původně v plánu, a namísto toho budou tyto počítače
Iran Is Being Targeted for Economic Independence, Not Terrorism
22.9.2019
New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing the country’s already...
Looming Economic Slowdown Likely to Force FED to Cut Interest Rates
18.9.2019
Over the course of the year, the global economy has given even indications that a slowdown might be looming and naturally, central banks have been urged to cut interests in order to stimulate growth. Many central banks across the world have cut interest rates. Last time around, the United States...
US President Donald Trump Bans Petro Cryptocurrency
16.9.2019
The United States President, Donald Trump has announced the ban of Venezuelan cryptocurrency, Petro, in the country. The U.S Senate Bill 1025, which will essentially enforce an executive order, signed by Donald Trump in 2018, came into law. The executive order banned the U.S citizens, permanent...
U.S. Sanctions North Korean Hacking Groups for Supporting illicit Weapon and Missile Programs
15.9.2019
Recently, the U.S. has sanctioned three elements it blamed for executing cyber attacks in the interest of the North Korean government to help Pyongyang’s “illicit weapon and missile programs.” Further, the operation might focus on the Bluenoroff, Lazarus Group, and Andariel,...
Nature Abhors a Vacuum: Why Trump’s Proposed Negative Rates Bode Well for Bitcoin
14.9.2019
In a recent tweet, U.S. president Donald Trump delved into an explosive, all-caps-loaded mini-rant about the necessity of getting “interest rates down to ZERO, or less.” The bombastic politician stressed the need for America to refinance its debt, trailing off with some superficially...
Fundstrat’s Tom Lee Suspects Ban Of Bitcoin By the US Government After E-Cigarettes Suspension
12.9.2019
The renowned Wall Street analyst, Tom Lee with his recent statement on cryptocurrencies suspension in the US, has created a shocking wave in the financial world. Tom Lee takes pride in being the reputed co-founder of Fundstrat Global Advisors and is also a well-known financial strategist....
US E-Cigarette Ban Stokes Fears Trump Could Target Bitcoin
12.9.2019
Trump proves ease of banning anything: Bitcoiners fear they could be next
Trump’s Trade War May Be Driving Chinese Investors to Bitcoin
6.9.2019
As the Chinese yuan falls in value due to the trade war with the U.S., there are signs that locals are increasingly moving funds into bitcoin
Market Update: Economists Envision Global Recession While Crypto Prices Soldier On
26.8.2019
Last week cryptocurrency prices bounced around after a majority of coins dropped in value on August 21. Today on August 26, digital currency markets have gained around 1.52%, gathering $4 billion since the initial slump. Despite the volatility, cryptocurrencies have consolidated and a...
Over-Reliance on China Stings Apple as $44 Billion is Wiped Off Its Valuation
26.8.2019
Over the past decade and a half, Apple has grown into one of the world’s biggest tech companies. Much of that success is down to the fact that the company has managed to produce some of the most iconic and technically advanced products like the iPod, the iPhone, and the iPad among others. Those...
The Puzzle Of Satoshi Nakamoto – Mystery Behind The Bitcoin Creator
20.8.2019
Satoshi Nakamoto. The name revered by every one of those who have heard the words Bitcoin and Blockchain. A name which holds immense power, a name with which billions of dollars is associated — the name without a face, the name wanted by thousands of faces. It’s been over a decade since the first...
Facebook’s Libra Token Back in Action, As Delegation from US to Visit Switzerland for Discussions
19.8.2019
Ever since it was unveiled on June 18, Libra has been in the headlines, mostly for controversial reasons. From the US Congress to the Senate, from the US to the UK, lawmakers everywhere had polarizing views about the token. While a few of them felt that this Libra could help curtail illegal...
FinCEN Director Reminds Casinos to Follow Guidelines Regarding Cryptocurrencies
18.8.2019
The Director of the Financial Crimes Enforcement Network (FinCEN), Kenneth A. Blanco, has insisted casinos to observe the office’s guidelines concerning suspicious CVC (convertible virtual currency) activity. While addressing the twelfth Annual Las Vegas Anti-Money Laundering Conference...
Donald Trump zatoužil po Grónsku. Všichni se mu smějí, ale tato hrouda ledu má obrovský potenciál
16.8.2019
Americký prezident zatoužil po Grónsku. Tedy alespoň podle The Wall Street Journalu a jeho zdrojů z nejbližšího okolí poradců Donalda Trumpa. S nimi měl prezident nápad konzultovat hned několikrát.
Ačkoliv se internet brzy zaplnil nejrůznějšími vtípky, které poukazovaly třeba na
Three of the World’s Biggest Tech Companies to Testify Against French Digital Tax in US
14.8.2019
Over the past two decades, some of the biggest tech companies in the world originated in the United States, but it was not long before those companies expanded into the rest of the world. As long as those companies operating in the United States, they were governed by tax laws in their native...
China Designated as Currency Manipulator by United States Treasury
6.8.2019
In what can be termed as an unexpected turn of events, the United States Treasury has designated China as a Currency Manipulator. The announcement has been done via the Treasury Department’s official Twitter handle on 5th August, followed by a press release. U.S. Treasury Designates China as...