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The European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in time, the executive unveiled. ECB Sees No Reason to Adjust Interest Rates Despite Eurozone Inflation Reaching 5% […]Powered by WPeMatico
As the crypto economy has swelled to close to $2 trillion in value globally, the businesses and operations behind it continue to expand. This means that a great number of companies are hiring and a quick look at popular online directories shows there’s a slew of jobs available. Bitcoin and Blockchain Employment Opportunities The aftermath […]Powered by WPeMatico
Observing the effects of previous epidemics could possibly help us react to the current epidemic. These past epidemics have even caused some of the great minds of history to create their now famous works. The Black Death in the mid-1300’s was estimated to have killed between 30% and 60% of all of Europe. This changed the social and economic structure leading to the creation of the middle class and sparked more interest in art, literacy, and experimentation. The outbreaks in 1592 and 1606 in London of the plague caused theaters to be closed – letting Shakespeare delve into poetry and
The post Will the Coronavirus Lead to Innovation? appeared first on The Merkle News.
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The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with a shrinking asset base. Also read: US Cash Crisis: Withdrawal […]
The post World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic appeared first on Bitcoin News.
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Transferring money over traditional channels may involve a lot of queuing in lines these days. Authorities around the world are trying to prevent large groups of people gathering in confined spaces to reduce the risk of transmitting the coronavirus infection. Remittances are a lifeline for people in many countries and cryptocurrency ATMs provide a way […]
The post Sending Cash to Friends and Family Through Bitcoin ATMs Is Safer Than Crowding Bank Offices During Pandemic appeared first on Bitcoin News.
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Events like the global coronavirus outbreak provide good justification for some prepping. Crises like this often result in shortages and skyrocketing prices of important emergency items, proving that everyone should keep a box of face masks and even a decent survival kit, should things go really bad. The pandemic scare affected crypto holders this week […]
The post These Online Stores Will Sell You Masks, Gloves, Emergency Items for Cryptocurrency appeared first on Bitcoin News.
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The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget under pressure, however, there are indications that Beijing […]
The post Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates appeared first on Bitcoin News.
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Crypto exchange service provider Bitspark is shutting down next month despite reporting exponential growth following the launch of its cash point product. The CEO of the company explained that its internal restructuring has not worked out but insisted that the ongoing protests in Hong Kong and coronavirus outbreak have not affected his platform much. Also […]
The post Hong Kong Crypto Exchange Bitspark Shuts Down Amid Coronavirus Outbreak and Protests appeared first on Bitcoin News.
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China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into the country’s economy and financial system. Also read: China’s Inflation Hits a […]
The post China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic appeared first on Bitcoin News.
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