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Over the past few years, central bankers have grown enamored with negative interest rates. Monetary authorities believe that this policy, which amounts to banks and consumers losing money through the use of the fiat system, can help stave off economic downturns. Indeed, asset markets have been on o..
News Bitcoin (BTC) proponents are again mulling the chances of the United States banning cryptocurrency as lawmakers move to outlaw flavored e-cigarettes. E-cigarettes: Washington “clears market”The sudden restrictions, which both the White House and the Food and Drug Administration confirmed on ..
The R-word – recession – passed the lips of US president Donald Trump yesterday, and despite recent price action, that’s a positive for bitcoin. The consensus of analyst opinion is that there will not be a recession in the US this year or next. But, as we shall see, those comforting findings do n..
U.S. President Donald Trump has just imposed a total economic embargo against Venezuela. As a result, Bitcoin price is currently trading at almost a $1000 premium in VES on P2P trading platform, Localbitcoins, and trading volumes have skyrocketed to record-breaking highs.In Venezuela, Bitcoin Tra..
Bitcoin (BTC) is currently trading up 8% at $11,787 on Coinbase on the back of a yuan devaluation that dramatically escalates the US-China trade war. It is difficult not to ponder that a nightmare scenario for stocks might be opening up. A background of spreading trade protectionism and slowing ..
News The founders of Orbs — the blockchain startup President Trump invited to his Middle East Peace Plan conference — have become mired in their own fraternal strife. As Israeli news site Globes reported on August 4, Orbs’ Elad Arad is suing his co-founders Uriel and Daniel Peled for having dispos..
On August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description explains the coi..
US president Donald Trump thinks he’s being smart but it could be that China ends up denting his re-election prospects and boosting bitcoin. The US Federal Reserve not playing ball doesn’t help either – and the more he pushes the harder he makes it for Jay Powell to maintain his institutions indep..
Bitcoin is not the asset of crypto experts and blockchain enthusiasts anymore. It is slowly but steadily infiltrating into the pop culture, with many sportsmen, actors, singers, media persons, and politicians discussing it. Celebrities Endorsing Cryptocurrency Many celebrities are sharing favourabl..
“The economy is looking great,” how many times have they told you that? And why do you usually hear it when you are late on a mortgage payment or during a downsizing purge at your company? Relying on your senses is always a safer bet than trusting the wishful thinking of those who invested political..