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US Treasury Approves Square as Coronavirus Stimulus Lender
13.4.2020
Square, the bitcoin-friendly company behind Cash App, announced Monday it is participating in the U.S. government’s emergency Paycheck Protection Program
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...
JPMorgan, Bank of America, Deutsche Bank Predict Major Recession
11.4.2020
Big banks are predicting a major recession, the deepest one in the post-war era. JPMorgan Chase CEO Jamie Dimon said his bank cannot be immune to the resulting financial stress while Bank of America expects the U.S. economy to “collapse” and Deutsche Bank has forecasted a severe global...
Quantitative Tightening and 5 Key Questions for Our Changing World
10.4.2020
As we wrap up another crazy week – 6.6 million more jobless claims, $2.3 trillion more in stimulus – NLW lays out the key themes and questions to think about over the long Easter weekend
Pomp and Kiyosaki Question the Fed’s Actual Role
9.4.2020
Anthony Pompliano gave his take on Kiyosaki’s Fed claims, agreeing that the entity may not be what it seems
Rebuilding the Resilience Economy, Feat. Anthony Pompliano
9.4.2020
On a day that say $2.3T in new Fed stimulus, Pomp argues that the real answer is investing in entrepreneurs and being willing to let businesses fail
Q1 Crypto Trade Volume Jumps 61%, Bitcoin’s Price Performance Trumps Equity and Gold Markets
9.4.2020
For well over a month now, a great number of countries have been living under lockdowns and stay-at-home orders due to the coronavirus outbreak. Meanwhile, central banks like the Fed, Bank of England (BoE), and European Central Bank (ECB) have funneled trillions into the hands of private financial...
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...
Sweden’s ‘Lagom’ Response to Coronavirus: No Masks, Keep The Economy Going With a “No Limit” Printing Press
7.4.2020
The Coronavirus in Sweden has so far claimed 611 deaths, with 7849 confirmed cases. Swedish people still send their kids to school and are not hoarding much of anything compared to countries like the US. But just like in most of the world many businesses are hit hard, and the country's central bank...
How Cointelegraph Team Is Coping With the Coronavirus Crisis All Over the World
7.4.2020
Cointelegraph editors and reporters share how the coronavirus pandemic has impacted their professional and private lives
Hyperbitcoinization: Visions of Bitcoin Fueling the Post Covid-19 Shadow Economy
7.4.2020
With the recent coronavirus spread and its overall effect on the global economy, some people believe the powers that be are preparing a financial reset. During these times, a number of bitcoiners think a bitcoin-induced form of fiat currency demonetization will take place, otherwise known...
Evidence Shows Politicians and Wall Street CEOs Expected the Market Crash Well Before Covid-19
4.4.2020
The coronavirus outbreak has sent shockwaves through the world’s economy and this has caused politicians and central bankers to react in various ways. However, global market leaders, Wall Street CEOs and hedge fund managers had one of the best years in more than a decade since the 2008...
Billionaire Optimistic On Bitcoin as a ‘Flight to Safety’
4.4.2020
Bitcoin isn’t a safety asset yet, but it could become on over the next decade, pending certain economic factors
Homeowners Can’t Pay: US Lenders Prepare for Catastrophic Real Estate Market
3.4.2020
The coronavirus has managed to seep into every facet of the global economy and it seems nothing will escape its financial wrath. During the last two weeks as unemployment levels have skyrocketed in the U.S.; analysts, economists, and wealth managers have been warning about another subprime mortgage...
Merchant Services, Gambling, and Darknets: Coronavirus Economy Stunts Cryptocurrency Spending
3.4.2020
A lot has changed since the coronavirus pandemic swept the globe as it has caused a wide range of negative effects on the world’s economy. On March 30, the blockchain surveillance firm Chainalysis published a report that shows how the cryptoconomy is faring from merchant acceptance...
US Stimulus Package Might Cause ‘Modest’ Improvement to Bitcoin Market
2.4.2020
The price of Bitcoin may not skyrocket yet, but the stimulus package passed in the U.S. could slowly help the cryptocurrency in this pandemic
BTC Held by BitMEX Fell 25% After Mass Liquidations
2.4.2020
BitMEX has seen the amount of Bitcoin held on the exchange drop 315,000 to 240,000 BTC in the past few weeks
Coronavirus Fuels P2P Connectivity: Crypto-Driven Meshnet Gives Rural Towns Internet
2.4.2020
While the coronavirus wreaks havoc on the economy across the U.S., a number of the 1,737 residents from Clatskanie, Oregon can’t obtain an internet service provider (ISP). The situation has motivated the town to adopt a decentralized meshnet ISP called Althea and the network’s users...
Bitcoin and Visa Transactions Plunge But Pizza Deliveries Are Up
1.4.2020
Consumer purchasing is significantly down for Q1, according to reports from both credit card companies and cryptocurrencies
Financial Bazookas Revealed – Market Strategists Believe the Fed Will Purchase Stocks Soon
1.4.2020
Bitcoin and cryptocurrencies may be the only free-market assets left not manipulated by central banks like the U.S. Federal Reserve. Since the covid-19 outbreak, the Fed has unleashed a massive arsenal of monetary weapons to combat the effects on the economy. After the significant rate cuts...