Escalating political tensions between the USA and Iran significantly increased the demand for safe-haven assets last week. For instance, the price of gold surpassed the level of $1,550.00 per troy ounce, nearing a six-year high. Other safe-haven assets including Bitcoin followed the same price dynamics. The digital gold reached almost $7,500.00 ...
On Monday, December 23, Jon Erlichman, host of the famous show "The Open" on BNN Bloomberg and a fill-in anchor for Bloomberg's global program "Bloomberg Markets", shared a list of some of the best-performing stocks of the past decade on his Twitter account: Source: Twitter According to the list, Netflix was by far the best performer of the d...
As the festive season approaches, families gathering for Christmas feasts and New Year's drinks, there is no better time than around the table to discuss blockchain technology. You may have received the generic "Oh, that crypto stuff is too complex for me" or "But Bitcoin went down", but don't be discouraged from further discussing crypto or blo...
On Tuesday, December 17, Fidelity Investments, one of the world’s leading multinational financial services corporations, announced that it is establishing a new entity to offer financial products and services to European institutions interested in investing in digital assets, such as Bitcoin: Source: Twitter The cryptocurrency community welcome...
On Wednesday, December 11, the Federal Reserve left the interest rates unchanged in the 1.5%-1.75% range as expected and indicated that the loose monetary policy in historical terms will continue throughout 2020. On the next day, the Governing Council of the European Central Bank made a decision to continue the accommodative monetary policy as w...
Cryptocurrency has already revolutionized the financial industry, offering a faster, more secure and more transparent system opposed to traditional currency. The ideology behind crypto, mainly its aim of enforcing freedom, has made it an iconic symbol in the world. The art world has especially drawn a lot of inspiration from the past and future ...
While blockchain technology did advance the financial sector greatly through crypto, continuing to do so today, it hodls greater potential in progressing and revolutionizing the world. Many sectors and companies have come forward to express their interest in blockchain, but there is one sector already reaping the perks of optimized business mode...
On Tuesday, SEBA, the Swiss bank that is heavily focused on crypto, announced that it had launched a crypto index as well as a slew of other investment solutions. The bank was given a banking license by the Swiss Financial Market Authority (FINMA) back in August. About the Index The index, which has been dubbed the SEBA Crypto Asset Select Index...
Blockchain technology is revolutionizing the world; as it started with finance, countries have no choice but to adapt to the future or collapse in a failing national economy. Blockchain technology was originally introduced through its significance in BTC, which sparked the cryptocurrency uprising, that made government officials and regulators ne...
In an ever-growing world of innovation, businesses have no choice but to ensure optimized products and services; otherwise they risk falling behind. The IoT has grown significantly since its introduction to the mainstream, making it easier and better to connect than ever. The more people rushed to the internet, the more incentive companies had t...