Finance News: Although unspecified, cryptocurrencies already have a role in Finance today. Most of the respected media in Finance are already reporting on cryptocurrencies, following their prices and categorized them as commodities, securities or digital tokens. Either way, cryptocurrencies are part of Finance today and created a whole digital economy. The cryptocurrency market looks volatile, but economic rules apply to it like they apply on the stocks market and the commodities market. The rule of supply and demand, economic cycles, bear markets, bull markets and many more all apply to the new digital economy. Our Finance news section will help you see these factors with Price Analysis articles, articles about commodities like Gold and Silver, and will showcase the role of cryptocurrencies in today’s Finance. Although that they are volatile, the cryptocurrency markets are ideal for traders that know what to do, because of the lesser transaction fees and the market that never sleeps.
Some digital assets lost 90% or more from their valuation and the worst part is that the bear market has continued for a year. This however does not affect Crypto whales who are mostly gaining new riches…
According to the Ripple LinkedIn profile, the company is looking to hire a small army of engineers, technical developers and experts. This will include a new head of engineering for xCurrent, the biggest competitor for the center of the global payments infrastructure – SWIFT.
The global recession is mentioned often lately. Despite the Dow’s last year performance, most experts remain positive that a scenario worse than the 2008 financial crisis is on its way.
Local Philippines media reported recently that one of the largest commercial banks in the country, Union Bank has launched the first nationwide Crypto ATM. Union Bank released an official statement in which they clarified the purpose of the Crypto ATM.
In June 2016, Britons voted to end their country’s four-decade-long membership of the EU. Back then, they had no way of knowing how Britain or her economy would fare after the vote. They could only guess, but not for long. Shortly after the referendum, the pound fell sharply against the US Dollar and the Euro and […]
The 2019 Chinese New Year was on February 5th and it marked the start of the year of the pig, bringing good fortune and prosperity to all. The Chinese New Year of the pig can bring good fortune to the Cryptocurrency world, as it may be the start of a new Crypto Bull run.