The world has dramatically changed and traditional finance instruments such as venture capital funds have to adjust to a new reality. Shocking as it may sound, the venture capital industry is built on the idea that it doesn’t really matter if most of the companies they fund lose money or go belly-up. Could this be […]
Continue ReadingDespite never having done so, the Fed may have no choice but to implement negative rates as soon as next week, argues Narayana Kocherlakota. The United States Federal Reserve could be the next central bank to take up previously unthinkable negative interest rates. That was the opinion of the ex-president of the Minneapolis Fed, who […]
Continue ReadingThe World Bank predicts global remittances will decline by one-fifth this year, offering a poor outlook for cross-border crypto remittance firms. The World Bank has predicted that the global remittance industry will retract by 20% amid the global economic slow-down resulting from the coronavirus pandemic. With a plethora of crypto firms targeting the remittance sector, […]
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The March 12 Bitcoin price crash has put its safe-haven narrative under stress, but the true stores of value are extremely static assets. The price of Bitcoin (BTC) suffered a tremendous crash on March 12, falling from almost $8,000 to stabilize at around $5,000, a loss of about 40% in the span of less than […]
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A behind-the-scenes look at the impact to and recovery from China’s blockchain industry following the initial coronavirus outbreak. The COVID-19 pandemic is threatening to plunge the world into the deepest crisis since the Great Depression and could deprive global economies of $5.5 trillion over the next two years. China’s economy shrank for the first time […]
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The drop in oil prices is now negatively impacting the stock market, leading crypto investors to worry about the future of Bitcoin price. The shockwaves from yesterday’s explosion in the oil markets continued to damage oil prices and shrapnel from the blast caused damage to equities today as U.S. markets closed in the red after […]
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How could DLT improve the traditional finance industry, and what adoption challenges lie ahead? Very few banks, or even countries, emerged unscathed from the rubble of the 2008 global financial crisis. The aftermath of the worldwide recession coincided with profound technological innovation and breakthroughs that have forced banks and other financial service providers to reconsider […]
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U.S. fintech lenders are helping small businesses affected by the COVID-19 crisis, but crypto players are unable to join. American financial technology firms are now able to help Main Street businesses affected by the COVID-19 crisis via a federal relief plan, but cryptocurrency-native companies apparently don’t fit the bill. Last week, the United States Small […]
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The trading range of most major cryptocurrencies has tightened, meaning a sharp directional move could occur within the next few days. Lately, a great deal of attention has been focused on the correlation between Bitcoin and the S&P 500, meaning crypto traders need to keep track of the fundamentals of the equity markets. Global markets […]
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Traders weigh in on what Bitcoin’s future price action may look like once businesses reopen across the US. The U.S., like much of the world, has closed most non-essential businesses and ordered citizens to stay at home in an attempt to combat the spread of COVID-19. When the time comes for United States governing bodies […]
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