Economy
PwC: Blockchain Technology Has the Potential to Boost Global GDP Up $1.76 Trillion By 2030
Findings from PwC indicate that by 2030, blockchain technology has the potential to boost global gross domestic product (GDP) by $1.76 trillion.
UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System
Alexander Lebedev, the billionaire UK media mogul and former banker has endorsed the revolutionary power of DeFi against a corrupt global banking system.
European Central Bank is Consulting the Public on CBDC
The European Central Bank has launched a public consultation to seek public opinion on its proposed digital Euro or central bank digital currency (CBDC).
Democrat Nancy Pelosi Says $1.8T COVID-19 Stimulus Package Talks at Standstill, How will Bitcoin react?
Democrat Nancy Pelosi said yesterday that discussions over a new $1.8 trillion stimulus package have ground to a halt, what could the stimulus delay mean for Bitcoin?
Bitcoin Price and Altcoins Spike On News of President Trump’s Recovery Against COVID-19
Bitcoin and altcoins have enjoyed a brief price surge on the back of news that President Trump could be discharged from hospital after his bout with COVID-19.
Why MicroStrategy Invested $425M in Bitcoin Rather than Gold
Michael Saylor says that Bitcoin is digital gold and explains his choice in diversifying his company’s investment portfolio with BTC over gold.
Why is the Bitcoin Price Correlation with the Stock Market Currently High?
Unlimited Quantitative Easing has had the most significant impact on the stock and crypto market, meaning both markets have a strong correlation with monetary policy.
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?
Bitcoin Whales and Large-Scale Institutions “All-In” on Bitcoin During COVID-19, Retail Investors Are More Cautious
Coronavirus has led many investors to turn to Bitcoin as a hedge, but the way in which individual and institutional investors leverage the digital asset differ.
Bitcoin Billionaire Winklevoss Slams European Central Bank Money Printing Despite Strong Euro
Bitcoin billionaire and Gemini Exchange Founder Tyler Winklevoss Slams European Central Bank's continued stimulus and low refinancing rates despite a strong Euro.