Search Results for "recovery effort"
Billionaires and Bitcoin: Stan Druckenmiller’s Alarming Warning on Stocks While Paul Tudor Jones Remains Bullish on Bitcoin
Billionaire Stanley Druckenmiller said during a webcast held by The Economic Club of New York that the risk-reward calculation for equities is the worst he has ever seen in his career. The billionaire expressed his doubts about the US equities’ possibility of logging a V-shaped recovery. He added that government stimulus programs will not be enough for the economic recovery post-pandemic. Druckenmiller believes that cash liquidity required to pump assets that are considered risky will shrink shortly as the US Treasury will soon end the private economy which could overwhelm the Fed purchases through borrowing consistently.
JPMorgan and CNBC Jim Cramer Predict S&P 500 to Rally to New Highs, Bullish Bitcoin Trend to be Expected
JPMorgan predicts that equities could rally 47% from here, after its 40% rebound from its lows in March, hinting at a possible Bitcoin bull run. Strategists at JPMorgan recently suggested that Bitcoin successfully passed its “first stress test” during March’s global economic crisis.
Bitfinex Launches $400 Million Bounty Hunt for 2016 Hackers Who Stole $1.3 Billion in BTC
Bitfinex has launched a 400 million dollar bounty hunt in search of the hackers responsible for the theft of nearly 120,000 Bitcoins from the global exchange in 2016.
Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency
Venezuela is moving on a mandate that could see taxes being collected using its state-issued cryptocurrency—the oil-backed Petro. The effort is part of a nation-wide campaign to create mainstream use cases for Venezuela’s cryptocurrency.
United Nations Development Programme to Conserve and Increase Kazakhstan’s Forestland Using Blockchain
BitFury, a blockchain development firm has been making plans to get into partnership with the United Nations Development Programme (UNDP) in an effort to help the country reduce its greenhouse emissions by more than 15 percent as this would conserve and boost Kazakhstan’s Forestland.
Turkey Leveraging Blockchain to Break US Dollar and SWIFT Dominance
In an effort to break economic ties with the United States and escape the US Dollar dominance of the global markets, Turkey is adopting blockchain and cryptocurrency at a greatly accelerated rate.
NexChange Interview Series – Adam Vaziri, CEO of Blockpass, Part 2
“You can spend a tremendous amount of time and effort on building regulations, but you are actually looking into the rear-view mirror, as the industry has already moved on.” Sign up for Block O2O event “STO: Blockchain Powered Next-level Fintech” on Nov 5th 2019 and get to listen to Adam and Blockpass team’s vision of STO operational hurdles and solution – in person!
Binance Contributes to Recovery and Return of $10,000 of Stolen Crypto To a Targeted Investor
Binance affiliate crypto security expert Harry Denley helped a victim recover $10, 000 worth of lost cryptocurrency recently.
Nobel Laureate to speak at Asian Financial Forum Global business leaders view post-COVID Economy in January
17 December 2020 – In light of the ongoing COVID-19 pandemic, the 14th Asian Financial Forum (AFF) will be held virtually on 18 and 19 January 2021. Under the theme “Reshaping the World Economic Landscape”, the forum will examine the challenges at hand and strategize the road to recovery and beyond with more than 150 influential global financial experts, policymakers, business leaders, economists, investors, and entrepreneurs.
Switzerland’s Sygnum Crypto Bank Launches Swiss Franc-Backed Stablecoin to Facilitate Trading of Financial Assets
Sygnum, a Swiss-based crypto bank, has launched a fiat-based stable coin, DCHF token, tied to the Swiss Franc, in an effort to increase transaction efficiency by enabling faster payment when trading financial assets.
One of the Richest Men in Mexico Invests in Bitcoin, saying “Paper Money is Worth Nothing”
One of the wealthiest men in Mexico, Ricardo Salinas Pliego has just revealed that he had invested 10% of his liquid portfolio in Bitcoin (BTC).
World Economic Forum Warns Leaders to Brace for Long-Lasting Global Recession as Cybercrimes Surge
The World Economic Forum (WEF) suggested that leaders around the world need to do more to ensure a quicker and more sustainable recovery for the global economy caused by the COVID-19 pandemic. Amongst the 350 top risk professionals in the world surveyed, these risk managers expect a prolonged global recession, as a number of areas of concern were identified in the report compiled by the Forum’s Global Risks Advisory Board, Marsh & McLennan Companies Inc, and Zurich Insurance Group.