Financial Instability

‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks

Economist Nouriel Roubini has shared his opinion about bank problems in the United States in a recently published opinion editorial. In the article, Roubini insists that “most U.S. banks are technically near insolvency, and hundreds are already fully insolvent.” Roubini: ‘Liquidity Support Cannot Prevent This Systemic Doom Loop’ The renowned economist Nouriel Roubini, also known […]

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Report: Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCs

Cryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers have reportedly said. In addition, the bankers claim that cryptocurrencies also pose a risk to financial stability. Narrowing the Financial Exclusion Gap The Nigerian and Kenyan central bankers have said cryptocurrencies are too volatile to […]

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Economics Professor Warns ‘Cryptocurrencies May Contribute to Monetary and Financial Instability’

Cornell University’s professor of economics and former head of the IMF’s China division, Eswar Prasad, has warned that “Cryptocurrencies may contribute to monetary and financial instability.” He added that the risk is amplified if the industry is unregulated and lacks investor protection. Economist Sees Crypto Posing Risks to Financial Stability Eswar Prasad, the Nandlal P. […]

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A Panel of Experts See Bitcoin Averaging $12,948 by Year End

A Panel of Experts See Bitcoin Averaging $12,948 by Year End A panel of experts is predicting the price of bitcoin will rise to $10,337 by September before adding a further $2,611 to end the year at $12,948. The findings are drawn from a Finder Cryptocurrency Predictions Report for July 2020 and the latest figure is roughly $2,500 less than the price predicted in the April […]

The post A Panel of Experts See Bitcoin Averaging $12,948 by Year End appeared first on Bitcoin News.

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Why Has Bitcoin Price Fallen so Much?

It has become painfully obvious all cryptocurrencies are going through a very rough period. This trend will not necessarily change anytime soon either, which is perhaps even more worrisome. Finding a solid explanation for the extended bearish market trend is not necessarily all that easy. It seems a lot of factors are at play here, […]

The post Why Has Bitcoin Price Fallen so Much? appeared first on NullTX.

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