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Trump Predicts US Economy to Recover by 2021 — Fed Chair, Economists Disagree
7.6.2020
President Donald Trump has predicted that the US economy will recover by 2021, citing new jobs data released by the Labor Department which contains a “misclassification error.” Officials say the numbers are artificially low, and Federal Reserve Chairman Jerome Powell and several...
India’s Crypto Trading Volume Soars Amid Economic Crisis
5.6.2020
Despite the economic crisis, cryptocurrency trading platforms in India are reporting record-breaking volumes and new users. “People in India are betting big on bitcoin,” Paxful’s CEO said. “The Indian market holds great potential and importance for the future of...
Bitcoin Is a Way to Repair Economic Injustice: Author Isaiah Jackson
5.6.2020
There are no easy technological solutions to racial tensions, police brutality or economic insecurity. Still, bitcoin could help black Americans, says author Isaiah Jackson
Market Wrap: A Bitcoin Lull as Stocks Signal Economic Optimism
3.6.2020
The bitcoin rollercoaster has turned into a bumper car as equities take the stage in hopes of a global economic rebound
US Government Prediction: Economy Faces 10-Year Recovery, $8 Trillion Loss From Coronavirus
3.6.2020
The U.S. Congressional Budget Office has projected that the coronavirus crisis will cost the U.S. economy about $8 trillion. Many factors play a part in shrinking the economy, such as business closures, social distancing measures, consumer spending, a drop in energy prices, and recent legislation....
Capitalism’s Perestroika Moment: Bitcoin Rises as Economic Centralization Falls
2.6.2020
Since crony communism and unfettered capitalism lead to the same destination, it’s time to decentralize
Cointelegraph Joins World Economic Forum’s Strategic Intelligence Network
31.5.2020
Cointelegraph has partnered with the WEF to integrate our crypto industry news and analysis feed to its Strategic Intelligence network
IMF Predicts Banks Will Struggle at Least 5 More Years After Global Economy Recovers
26.5.2020
The International Monetary Fund (IMF) has predicted that banks will struggle to generate profits at least five years after the global economy recovers from the coronavirus-led economic crisis. The IMF explained that banks were struggling even before the covid-19 pandemic so their troubles...
7 Remote Crypto and Blockchain Firms That Are Hiring Right Now: May Edition
25.5.2020
Despite challenging economic conditions, the cryptosphere is still hiring. As reported by Forbes on April 24, job postings for cryptocurrencyContinue Reading
The post 7 Remote Crypto and Blockchain Firms That Are Hiring Right Now: May Edition appeared first on CoinMarketCap Blog
Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail
24.5.2020
Russian lawmakers have proposed new laws that seek to ban the use of bitcoin (BTC) and other cryptocurrencies in the country, local media reported. According to draft bills submitted by a group of deputies to the Russian parliament recently, individuals may face up to seven years in prison...
Carl Menger: The Nature and Origin of Money
23.5.2020
In the early stages of trade, when economizing individuals are only slowly awakening to knowledge of the economic gains that can be derived from exploitation of existing exchange opportunities, their attention is, in keeping with the simplicity of all cultural beginnings, directed only to the most...
Illegal to Own Gold? Hedge Fund Manager Warns Governments May Ban Gold Ownership
22.5.2020
A well-known hedge fund manager has warned that governments may ban private gold ownership. He explained that central banks may attempt to demonetize gold, making it illegal for private individuals to own, as the authorities lose control of inflation amid the coronavirus-led economic crisis....
Bitcoin Will Create a New Economic Elite in 2020
22.5.2020
The economic crisis caused by the coronavirus outbreak has clearly shown the advantages of the decentralized technologies and cryptocurrency
Colombia, Deloitte, ConsenSys Sign On to WEF’s ‘Blockchain Bill of Rights’
22.5.2020
The cryptocurrency industry just gained an organized structure for collaborating with world leaders, thanks to the World Economic Forum
Trump Signs Deregulation Order to Boost US Economic Recovery
21.5.2020
U.S. President Donald Trump has signed an executive order to eliminate “unnecessary regulations that impede economic recovery” following the coronavirus crisis. With this deregulation, government agencies are “encouraged to promote economic recovery through non-regulatory...
5000 BTC Giveaway Scam: Chamath Palihapitiya, Elon Musk Not Giving Away Bitcoin
20.5.2020
The number of bitcoin giveaway scams has been increasing rapidly amid rising prices of cryptocurrencies and deepening economic crisis worldwide. These scams claim that famous people are giving away bitcoin, such as Virgin Galactic Chairman Chamath Palihapitiya, Tesla CEO Elon Musk, and U.S....
Economists Predict Worst Recession Ever for India Amid Lockdown Extension
19.5.2020
Economists have predicted that India will face its worst recession ever as the country announced another nationwide lockdown extension. India’s economy is forecasted to contract 45% in the second quarter following the Rs 20 lakh crore coronavirus relief stimulus package which some economists...
The American Empire Is in Decline. Time for a New Economic System
18.5.2020
From debt to inequality, the U.S. economy looks like a 1930s disaster waiting to happen. No wonder gold-bugs and Bitcoiners are feeling vindicated
Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates
18.5.2020
Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates. Germany Enters Recession The German economy is now in...
Institutional Crypto Trading Platform Raises $17M Despite Economic Slowdown
15.5.2020
Amid the COVID-19 slowdown, institution-facing liquidity aggregator FalconX has raised $17 million from top VCs in the crypto space