#economy

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

October 27, 2019 / newsbitcoin

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,…

NewsBTC / China Injects Billions as Economy Slows, Will Investors Turn to Bitcoin?

October 16, 2019 / newsbtc

America is not the only country manipulating its money in order to prop up a flagging economy. Today China unexpectedly injected billions in cash to prevent a fall in interest…

News.Bitcoin / Market Outlook: Leading Cryptocurrencies Attempt to Break Resistance

October 8, 2019 / newsbitcoin

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…

Cointelegraph / Economic Dept. of Dubai Unveils Blockchain-Based Business Registry

October 8, 2019 / cointelegraph

The Department of Economic Development in Dubai has announced its move to a blockchain-based unified business registry platform (UBRP). According to a Saudi Gazette report on Oct. 7, the platform aims to…

NewsBTC / Bitcoin Solves This: Hong Kong ATMs Out Of Cash And Panic Over Indian Banks

October 7, 2019 / newsbtc

Escalating political tensions in Hong Kong and a potential economic and banking crisis in India has highlighted how fragile cash savings can be. Naturally Bitcoin would be the answer if…

News.Bitcoin / Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet

October 2, 2019 / newsbitcoin

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…

News.Bitcoin / Market Update: Low Volumes and Uncertainty Shake Crypto Traders

September 24, 2019 / newsbitcoin

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…