China’s economy is facing some of its toughest challenges in years. On Wednesday, a day after several Chinese government institutions vowed further stimulus to aid its financial sector, the People’s Bank Of China injected a net $83 billion …
Was the anonymous trader who “caused a stir” in the U.S. equity options market on Monday with a massive bet–– Doing a Buffett?” Saqib Iqbal Ahmed asks at Reuters Business News, pointing out: ‘The trader sold 19,000 put options o…
Bitcoin and other cryptocurrencies do not pose a threat to the world economy, but should be monitored as the market “continues to evolve rapidly.” That’s the assessment of the Financial Stability Board (FSB), an international body tha…
Bitcoin and other cryptocurrencies do not pose a threat to the world economy, but should be monitored as the market “continues to evolve rapidly.” That’s the assessment of the Financial Stability Board (FSB), an international body tha…
Legendary venture capitalist Fred Wilson says 2019 might be a “doozy,” leading investors to be cautious. Cryptocurrency markets won’t be a “safe haven” amidst global uncertainty but: “There will be signs of life in crypto land in 2019.” Wilson believes…
Legendary venture capitalist Fred Wilson says 2019 might be a “doozy,” leading investors to be cautious. Cryptocurrency markets won’t be a “safe haven” amidst global uncertainty but: “There will be signs of life in crypto land in 2019.” Wilson believes…
As other asset markets, particularly the stock markets, enter a bear market some believe cryptocurrencies have a chance at being the best performing asset class next year. Travis Kling, a self-proclaimed ex-equities portfolio manager who “fell down the…
The Malaysian government is seeking to explore blockchain solutions in the nation’s three largest industries: renewable energy, palm oil, and Islamic finance. A task force named the Malaysian Industry-Government Group for High Technology (MIGHT) …
A recent survey reveals that 30% of Londoners plan to invest in cryptocurrencies, over twice as much as the national average of 13%. The survey was carried out by Atomik on behalf of Rathbone Investment Management and had a sample size of 1503 adults t…
Just when it appeared that the cryptocurrency market was about to bottom out just a fortnight ago (with Bitcoin reaching a reported 14-month volatility low), the market subsequently started displaying indicators of a directional shift. Last week howeve…
Global markets are cautious going into today (Wednesday’s) Federal Open Market Committee rates announcement. While many believe that the Fed may now back out of rates increases, US employment gains and calmer markets suggest the FOMC may be preparing to crank rates again. This post is powered by the Bitcoin Trading Network xbt.social – CCN29 […]
The post Global Economic Outlook: Markets Await Fed Rates Statement appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Jordan, a country with a cash-based economy, is among those countries with a large unbanked population that is seeing its fair share of fintech innovation, according to Wamda, a Mideast financial news site. Both the banking and technology industries have recognized the fintech opportunity. The Central Bank of Jordan (CBJ) last May introduced an electronic […]
The post Fintech Makes Waves In Cash-Based, Largely Unbanked Jordan appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
While think-tanks and central banks increase calls to minimize the amount of physical cash in circulation, many citizens are doing the opposite and stuffing cash under the mattress. We consider this trend and the developing downtrend in the benchmark S&P500 Index. This post is powered by the Bitcoin Trading Network xbt.social – CCN29 and get […]
The post Global Economic Outlook: Ban Cash, Hoard Cash appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
The chorus of market crash predictions grows ever louder. The Fed pauses its funds rate hike and Bitcoin emulates gold’s rally just as gold hits an interim high. Oil price lows may force Saudi Arabia to devalue the Saudi Riyal. This post is powered by the Bitcoin Trading Network xbt.social – CCN29 and get 29USD […]
The post Global Economic Outlook: So Long, And Thanks For The Rates Hike appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Market turmoil has intensified in February, and many analysts are predicting that the Fed may make a U-turn on their rates hike decision. In the flight to safety, Gold has extended its rally while Bitcoin looks to be going to ground. This week’s edition of Global Economic Outlook looks at the gold, bitcoin and US […]
The post Global Economic Outlook: Gold Rally, Bitcoin Down appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
A widely anticipated US dollar rally is caught between the proverbial Horns of the Bull, leaving the dollar in grid-lock. Meanwhile, the mainstream media turns up the volume of their cries of market woes – just as the decline pauses for a breather. This post is powered by the Bitcoin Trading Network xbt.social – CCN29 […]
The post Global Economic Outlook: Currency Positioning appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Markets started the year with a bang to the downside. Equities, Oil and Bitcoin have all surprised in the opening weeks and the big dipper ride looks to intensify with even the mainstream media predicting gloom. We survey the global economic landscape and suggest practical advice for financial survival. This post is powered by the […]
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Star Wars tops entertainment headlines as the perennial favorite gets a thumbs-up from audiences around the world. As a cultural phenomenon with an international audience its record-breaking ticket sales comes at a time of diverging global social mood. Bitcoin’s prospects amid the current mood trend are examined. This post is powered by the Bitcoin Trading […]
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Gold, the US dollar and euro all printed significant price extremes during this week as investors and speculators position in anticipation of the Fed rates announcement on December 16. We take a look some of the most interesting price charts. This post is powered by the Bitcoin Trading Network xbt.social – CCN29 and get 29USD off! Economic Indicators World Indexes and Forex Rates Commodities In the Calendar This Week Monday November 30 Japan BOJ Gov Kuroda Speaks Japan Housing Starts y/y (actual: -2.5% expected: 2.5% previous: 2.6%) Europe German Retail Sales m/m (actual: -0.4% expected: 0.3 previous: 0.0%) UK […]
The post Global Economic Outlook: 2015 Year-End Market Positioning appeared first on CCN: Financial Bitcoin & Cryptocurrency News.