recession
eToro's Survey Reveals 40% of Millennials Could Favor Crypto Investment In Recession
A survey by eToro has revealed that 40% of Millennials could favor cryptocurrency investment if a recession was instigated by the US-China trade war.
Bitcoin Price Could Continue on Bullish Momentum Towards $15,800 Amid Double-Dip Recession
Bitcoin’s price is currently struggling to continue its push towards $12,000, however, a chance of a double-dip recession could take BTC higher.
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.
US Awaits Recession While Bitcoin Becomes the Last Resort
The trade-war worries affected the financial markets on Wednesday, while stocks and commodities tumbled in Europe and the United States. Equities declined more than 1% in the United States after the S&P 500 Index fell 2.93%, the NASDAQ shed 3%, and the Dow Jones tumbled over 3%.
Opinion: How Bitcoin Options Might Help Survival amid the Bear Market?
As inflation is at an all-time high, options contracts could be a good way to hedge some risks to trade an asset in the future at a predetermined price.
To Avoid a Global Recession the Fed Should Ease Interest Rate Hikes - UN Report
Caution should not be thrown to the wind when it comes to tightening fiscal and monetary policies because this could trigger a global recession, according to a UN agency report.
Is Bitcoin’s True Power Being Revealed as COVID-19 Market Crisis Sends Oil Futures Price Below Zero?
As WTI crude oil futures plummeted into negative territory, the pioneer cryptocurrency Bitcoin hardly seemed to notice, recording only a minor correction and dipping under 7k.
China's Vice President Wang Qishan: World Economy In Deep Recession, Finance Is The Core of Modern Economy
During Qishan Wang's speech, the Vice President of the People's Republic of China gave an overview of the world trend in economic development and finance.
US Dollar Crash and Double-Dip Recession Odds Are High, says Economist Stephen Roach, Fueling Bitcoin Bulls
Economist Stephen Roach says that the US dollar is set to crash and that a double-dip recession’s odds are above 50 percent. What will this mean for Bitcoin?
US Democrats Propose Distributing Covid-19 Stimulus Payments Through Digital Dollars to Unbanked Citizens
As markets across the globe continue to feel the crunch of economic disruption caused by the coronavirus pandemic, debate has raged over a massive stimulus package being proposed in the US which could see the IRS send up to $2000 a month to all US citizens until the recession takes a turn for the better.
Gold Price Hits New Six-Year High But Fake Bars May Benefit Bitcoin
There seems to be no slowing down behind the sentiments driving the Increase in the price of the precious metal. Recently Goldbug Peter Schiff has been seen to be making headlines on the news, shilling his baby and expressing his admiration for his virtue of hedging against Central Banks.
Grayscale Survey: 55% of US Investors Like Bitcoin in 2020
Grayscale Investments has released a report dubbed Bitcoin Investor Study 2020 showing that 55% of US investors are keeping a watchful eye on purchasing Bitcoin in 2020.
Coinbase Censored By Apple
Some features within the Coinbase app have been restricted for IOS users, sparking further discontent about the ‘pay-to-play’ model adopted by Apple.
Kenya’s Bitcoin Trading Volumes Hit $45.95 Million in 2020, Second Highest in Africa
Kenya’s Bitcoin (BTC) trading volumes skyrocketed by 472 percent in 2020 to stand at $45.95 million (Ksh 5.1 billion).
Pantera Capital CEO Dan Morehead Predicts Bitcoin Price Rebound Despite Slow Economic Recovery
In an investor letter, Dan Morehead Pantera Capital CEO explained why the current market environment could be a boom for Bitcoin as investors seek new opportunities.