Economy

Coinbase and Ripple Execs Unveil Master Plan to Drive US Crypto Adoption

Two executives at Coinbase and Ripple are leading a push for smart regulations and transparency in the crypto-sphere that would arguably drive adoption and take blockchain technology mainstream.  Market integrity must improve The Market Integrity Working Group’s co-chairs want regulators to grasp how they can advance the cryptocurrency industry. In an official company statement, Coinbase …

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Tipping point: The gig economy hits delivery drivers in their wallets

Sponsored Links Europa Press News via Getty Images Tipping is ubiquitous to the American service industry with consumers encouraged to give “a little something extra” to their waiters, bartenders, and baristas, dry cleaners, dog-walkers and delivery drivers. But it wasn’t always like this. The practice of tipping started in England and made its way to …

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Is China’s New Fascination With Blockchain Really Good for Bitcoin?

</header> <strong>Blockchain development has kind of become an element of the party line in the world’s largest officially communist state. The General Secretary of the Communist Party of China, Xi Jinping, recently told a Politburo meeting that the People’s Republic has to gain an edge in the emerging field. Some say Xi’s statement brought back …

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Market Outlook: Leading Cryptocurrencies Attempt to Break Resistance

<header class=”article__header”> </header> <strong>Digital currency markets have started to show strong signs of recovery after dropping to new lows last week. On Monday, a number of cryptocurrencies gained between 2-5% over the course of the day. Crypto prices have held steady into the next day and many digital assets will likely test key resistance levels …

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Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet

<header class=”article__header”> </header> <strong>U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed for the lack of liquidity in the repo …

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Market Update: Low Volumes and Uncertainty Shake Crypto Traders

<header class=”article__header”> </header> <strong>The majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only $60 billion in worldwide crypto trades in …

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Market Outlook: Uncertainty Builds With Thin Trade Volumes and Bitcoin Futures Launch

<header class=”article__header”> </header> <strong>Digital currency markets have dropped in value over the last three weeks, losing $25 billion since mid-August. Market prices have been creeping downward on thin global trade volume and the last two months of volatility seem to be taking a toll on short-term bullish optimism.</strong> Also Read: Bitmain Launches Next Gen Miner …

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Crypto Can Boost Indian Economy – How Banning Will Hurt it

<header class=”article__header”> </header> <strong>The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy. Meanwhile, the Indian crypto community has already been enduring a banking ban by the central …

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Market Outlook: Bitcoin Cash Spikes While Economic Fears Spread Worldwide

<header class=”article__header”> </header> <strong>On Tuesday, August 13, most digital currency prices have dropped in value between 2-5% while crypto trade volumes globally have fallen to $46 billion in the last 48 hours. Despite the downturns across the board, bitcoin cash (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a>) is holding steady, up 2% today and now commanding …

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Market Outlook: Trade Wars and Filthy Fiat Battles Fuel Crypto Prices

<header class=”article__header”> </header> <strong>A slew of digital currencies have gathered decent gains over the last 48 hours and the entire market capitalization now stands at around $308 billion. Moreover, cryptocurrency trade volumes have kicked up a notch, capturing $66 billion in swaps over the last day. Overall, speculators think the recent spike in crypto prices …

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