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McKinsey: Majority of Banks May Not Be Economically Viable


Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn....

[aktualita] Facebook začal testovat novou záložku Zprávy (News)


Zajímavé články médií vybrané lidskými editory i algoritmy na jednom místě. To má být záložka Zprávy (News), kterou dnes Facebook zprovoznil několika stovkám tisíc uživatelů v USA. Jak dlouho testovací provoz potrvá a kdy bude záložka k dispozici i dalším uživatelů, zatím není jasné. Zprávy (News)...

China's President Makes Major Push for Blockchain


China’s President Xi Jinping urged the country to accelerate the development of the blockchain technology due to its importance "in the new round of technological innovation and industrial transformation" of China. The President was speaking at a group study session of the Communist Party of China...

Ex-Intel Chief Says Venezuela Secretly Mines Crypto + 11 More News


Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Mining news The former head of Venezuela’s Bolivarian National Intelligence Service has alleged that Venezuela is secretly...

State Bank of India Chief Argues Crypto Regulation Is a Must


The chairman of the State Bank of India (SBI) has spoken in favor of cryptocurrency regulation in an interview. He believes that it is necessary to regulate cryptocurrencies. Last week, the chairman attended IMF meetings in Washington, D.C., with Finance Minister Nirmala Sitharaman. Also read:...

Market's Red, but These 6 Altcoins in the Top 50 are Up by Two Digits


Source: iStock/Dmitrii_Guzhanin Six of the top 50 coins by market capitalization have risen from the after-crash blood into the market greenery with a double-digit rise in the past seven days. After the market crashed on October 23rd, with Bitcoin (BTC) now holding onto the USD 7,500 level, most...

Bitcoin and Altcoins In Corrective Increase With Downtrend Intact


Yesterday, bitcoin price declined heavily below the USD 7,850 and USD 7,650 support levels. BTC/USD even settled below USD 7,550 and tested the USD 7,300 area. The price is currently (08:00 UTC) correcting higher, but it is likely to face a strong resistance near the USD 7,500 and USD 7,620...

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