On Tuesday, world stock markets finally got a well-deserved breather after they were propelled higher again by the second major COVID-19 vaccine boost within a week. This put Europe on the path for its best month in more than three decades. There was a 0.2% dip in the pan-European STOXX 600 in early moves, but…
Category: COVID-19 (Coronavirus SARS-CoV-2)
Norway Evaluates CBDC, Concludes only 4% Use Cash
On Thursday, the deputy governor of Norges Bank, the Central Bank in Norway, Ida Wolden Bache spoke about CBDCs at an event. She said that cash payments in the country were on a decline and also discussed some of the finer points relating to central bank digital currencies i.e. CBDCs. During her speech, Bache revealed…
How Is Bitcoin Halving 2020 Different Than Past Halvings?
Bitcoin Halving 2020 The Bitcoin halving is just a few hours away, and the price fluctuation spikes, creating an uncertain environment in the crypto community. Yesterday, Bitcoin price slumped by 15% in just a few minutes, which was due to the extreme liquidation of Bitcoin longs at derivatives exchange, BitMEX. However, there are also some…
Coronavirus Caused Correlation Between Bitcoin and Gold, Says New Report
Bitcoin Gold Correlation Bitcoin, according to some, lost its title of safe-haven when it plunged drastically on March 12,13, following the financial markets. The recent report by the investment firm, VanEck Global, shows Bitcoin and gold correlates in short term trends as both are following the same pattern from the past some weeks. Gold is…