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Benjamin R. Tucker: Why I Am An Anarchist
20.6.2020
Why am I an Anarchist? That is the question which the editor of the Twentieth Century has requested me to answer for his readers. I comply; but, to be frank, I find it a difficult task. If the editor or one of his contributors had only suggested a reason why I should be anything other […]
The...
Blockchain Game Economy ‘Will Be Bigger Than Japan’s’
19.6.2020
Hironao Kunimitsu, the founder of Tokyo social gaming firm Gumi, spoke about the future of gaming and NFTs at Cointelegraph Japan’s Traders Live last week
6 Things Jobless Claims Tell Us About the State of the Real Economy
18.6.2020
Persistent unemployment and fears of further layoffs are the real economic counterpoint to the financial market’s unbridled enthusiasm
Fed Chair Powell Warns of ‘Unsustainable’ Budget as US National Debt Crosses $26 Trillion
17.6.2020
In his testimony before the Senate banking committee, Federal Reserve Chairman Jerome Powell warned Congress that the U.S. federal budget has been on an unsustainable path for years. He added that the U.S. economy is facing a deep downturn with “significant uncertainty.”...
Crypto 101: How to Send and Receive Bitcoin Cash Via the Bitcoin.com Wallet
16.6.2020
During the last few months in the midst of the coronavirus outbreak and faltering global economy, many individuals have shown an interest in bitcoin and other cryptocurrencies. However, oftentimes people can find the process a bit daunting because they are not used to using crypto assets and have...
Ayn Rand: Francisco d’Anconia’s Speech on Money
14.6.2020
“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them. Money is the material shape of...
China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls
13.6.2020
A recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.” The report shows how individuals from mainland China, Singapore, and Hong Kong are moving their capital out...
Market Update: Bitcoin Train Inches Toward $10K, Wild Predictions, Trillion Dollar Crypto Economy
10.6.2020
On Wednesday, the market valuation of all 5,000+ cryptocurrencies is worth around $277 billion after a few coins gathered decent gains during the morning trading sessions. Today, bitcoin is trading for over $9,783 per unit and many traders believe the asset will surpass $10K once again. However...
Even Russia’s Economy Ministry Doesn’t Want Crypto Ban, Derides Bill
10.6.2020
Russia’s long and winding road to crypto regulation has taken another unexpected twist – with the country’s Economy Ministry wading into a bitter dispute between pro-business groups and the crypto-skeptic Central Bank – with experts claiming that a new impasse could see regulation “delayed by...
Russia’s Economy Ministry Calls for ‘Controllable Market’ Rather Than Crypto Ban
10.6.2020
The ministry argued the draft ban would be harmful for Russia's economy and citizens, and called for a softer stance
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...
Carl Watner: The Tragedy of Political Government
6.6.2020
“What is tragic about political government?” you might ask. Let us return to that question once we have examined the nature of political government and the State. In order to distinguish between government and other institutions in society we must look at the ways human behavior can...
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...
Pomp Explains Why Mainstream Markets Are Up Amid Chaos
3.6.2020
Amid protests, rioting and general uncertainty, mainstream markets have posted positive numbers, seemingly contrasting the state of the U.S
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....
Crypto Could Save Millennials From the Economy That Failed Them
2.6.2020
The Millennial generation will lead humanity to an era of new financial technology as they drive Bitcoin adoption through the next decade
US Turmoil and Negative Interest Rates – Billionaire Michael Novogratz Says ‘Watch Gold and Bitcoin’
2.6.2020
For the first time since October 2019, Federal Reserve Chair Jerome Powell admitted to leveraging quantitative easing (QE) tactics. Powell explained on Friday, the central bank is now comfortable with leveraging QE on a regular basis. Furthermore, the Fed is planning on utilizing negative interest...
Bitcoin Mass Adoption Would Benefit and Harm Current Economy
30.5.2020
With central banks pumping out billions of dollars like there’s no tomorrow, the possibility of rising inflation is becoming stronger by the day. This is the view of a growing number of economists, raising the possibility that bitcoin (BTC) may become more attractive as a store of value.
However...
South Korea to Start Taxing Bitcoin Profits in 2021
29.5.2020
South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. South Korea’s Ministry...
PrimeXBT Research: Financial Markets Show Mixed Performance As Economy Reopens
29.5.2020
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Across all financial markets, there are early signs that an economic recovery is slowly underway. Lockdown conditions are finally easing, and across the globe, people are getting back to work and business...