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Goldman Sachs Walks Back From Viral, Apocalyptic ‘Investee Call’
20.3.2020
Goldman Sachs talks to Cointelegraph about that recent apocalyptic investee call
US Cash Crisis: Withdrawal Limits Spark Bank Run Fear
18.3.2020
The entire world has been focused on the economy as the coronavirus outbreak has devastated global markets. While stocks, commodities, and barrels of oil plunge in value, there’s been considerable demand for cold hard cash in certain countries. According to reports, Wall Street’s elite...
Analysts Question Gold’s Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets
17.3.2020
After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. The current sentiment...
Market Update: Cryptocurrency Market Cap Sheds $90B, Margin Calls Spike, Futures Slide
14.3.2020
Digital currency markets have been consolidating since Thursday’s massive price drop after more than $90 billion was erased from the cryptoconomy. Crypto markets saw some brief gains on Friday but prices have been meandering just above current support levels. At the moment, traders and crypto...
Wilshire Phoenix CEO Explains $168B US Fed Injection and Crypto Correlation
13.3.2020
Wilshire Phoenix CEO Bill Herrmann sheds light on the recent $168 billion Fed injections and their relation to crypto
Darknet Markets Keep Shipping as Shoppers Shun the Streets
13.3.2020
These are strange times for crypto. While it’s blood in the markets, it’s business as usual on the darknet, where marketplaces are seeing a steady inflow of cryptocurrency. They’re also seeing an inflow of new users as the repercussions of the coronavirus pandemic make online...
Gold and Bitcoin Markets Tested, While Central Banks Try to Quell Stock Market Rout
13.3.2020
Central banks worldwide have been bracing for the worst, as the global economy has shuddered over the last seven days. On March 11, the Bank of England slashed rates by 50 bps bringing the base rate down to 0.25%. Meanwhile, Wall Street bankers and U.S. President Donald Trump want the Federal...
$135B Injection from European Central Bank Dwarfs BTC Market Cap
12.3.2020
Following similar efforts from the U.S., the ECB plans to inject $25 billion more than Bitcoin’s entire market cap into finance
Market Update: Global Economy Jolts Bitcoin, Overall Crypto Cap Loses $50B
12.3.2020
Cryptocurrency markets are feeling a lot of pressure on Thursday, March 12, as the entire cryptoconomy has lost over $50 billion during the last three days. Digital asset prices dropped to the lowest levels since May 2019. Moreover, on five derivatives exchanges, more than $2.2 billion leveraged...
Tax Office to Contact 350,000 Australians and Remind Them to Report All Crypto Profits
12.3.2020
Australian tax agents have set out to close a gap they say costs the state several billion dollars. Taxpayers who file various work-related claims and investment property deductions or declare income from sharing economy platforms such as Uber and Airbnb may be asked for explanations and receipts....
Blockchain Lender Reports 300% Surge as Fed Slashes Interest Rates
11.3.2020
The Fed’s emergency interest rate cuts have spurred a flurry of lenders to seek blockchain-based loans with Morgan Creek-backed fintech Figure Technologies
The Gig Economy Is Unfair. Here’s How Token Models Can Help
9.3.2020
The gig economy is unfair to many workers. We need tokenized co-operatives, says Gys Hough, a Dutch VC
Nigerians Can Now Buy Bitcoin With Cash From Stores and ATMs That Take Naira
8.3.2020
If there’s a place where cryptocurrencies draw significantly more attention than anywhere else right now, it has to be Nigeria. Africa’s largest economy is driven by its oil exports, expanding manufacturing, financial services, communications and information technology sectors, but also...
Japan Doesn’t Need a Digital Yen, Asserts BOJ Official
6.3.2020
A digital yen could have serious unintended consequences, the Bank of Japan's deputy governor warned
COVID’19 Traps World Economy: US & Indian Stock Markets Crash While Crypto Market Turns Green
6.3.2020
COVID’19 broadly known as Coronavirus Disease 2019 is posing as a menace to the global economy where we see increasing number of deaths being recorded every day. The deadly virus that started from China is now a part of almost all the major countries interfering in the economies, making itself...
Real Vision CEO on Impact of Coronavirus and Money Printing on Global Economy
6.3.2020
In an interesting conversation regarding the impact of Coronavirus and printing of the money by the Federal Reserve on the global economy, the chief executive officer of the Real Vision, Raoul Pal, touched upon a number of aspects including Gold, Bitcoin, Tokenization, and financial freedom among...
Book Your Participation for World Digital Economy Summit 2020!
6.3.2020
Jordan Economic Forum brought you the 1st Blockchain and Fintech Conference 2018 and the 2nd Blockchain and Fintech Conference 2019 in the past. This year 12th Jordan Economic Forum will gather forces to bring you World Digital Economy Summit 2020. Several experts from the financial sector will...
Coronavirus Prompts Fed to Slash Interest Rate – Stocks Slide, Gold Spikes, Bitcoin Uncertainty
4.3.2020
The U.S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed...
Cryptocurrency Could Kill Bank Lending, Warns Bank of England Deputy Governor
1.3.2020
In the cryptocurrency economy, the supply of credit through the banking system could disappear, warned Bank of England Deputy Governor Sir Jon Cunliffe. That would be a change with “profound economic consequences,” he added, emphasizing the risks from Facebook’s Libra project...
Government to Airdrop $9 Billion in Free Money to 7 Million Hong Kong Residents
28.2.2020
The government of Hong Kong has decided to airdrop about $9 billion in free money to an estimated 7 million residents in the troubled Chinese territory. From a global perspective, this can be seen as a desperate move to stimulate the local economy while the coronavirus outbreak is hitting markets...