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Bitcoin is the 11th largest monetary system in the world, ahead of Korean won

Bitcoin’s current market capitalization would make it the 9th largest monetary system in the world, ahead of the Korean won and behind the Russian ruble. Bitcoin continues to grow The monetary base is defined by the US Federal Reserve as: “The sum of currency in circulation and reserve balances—deposits held by banks and other depository […] The post Bitcoin is the 11th largest monetary system in the world, ahead of Korean won appeared first on CryptoSlate. дальше »

2019-6-21 10:46


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Bitcoin Is now the 8th Largest Currency in the World

Bitcoin has overtaken the Russian Ruble and the Korean Won to become the eighth largest currency in the world by monetary base.   Bitcoin Exceeds Korea’s Monetary Base According to a chart released June 18, 2019, from Crypto Voices, bitcoin is now the eighth largest currency in the world by monetary base surpassing Korea Won (data recordedRead MoreRead More. дальше »

2019-6-21 01:00


Fed Chair Jerome Powell Talks About Facebook’s Crypto Project During A Press Conference

Jerome Powell said the monetary policy shouldn’t be affected by Cryptocurrencies Libra will be strictly regulated by agencies and governments all around the world The Chairman of the Federal Reserve of the United States Jerome Powell talked with the reporters about Facebook’s recently launched Libra. As reported by The Block, the central bank of the […] дальше »

2019-6-20 03:54


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Facebook’s Libra ‘cryptocurrency’ is missing one thing: monetary policy

Facebook has outlined the economics of its new Libra cryptocurrency, revealing it will create a secondary token intended specifically to pay dividends to early backers. It’s called the Libra Investment Token, and it will only be available to members of the Libra Association (which maintains the network) and other accredited investors. дальше »

2019-6-18 13:52


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Bitcoin [BTC] zooms past the utility asset domain of Platinum & Palladium as it guns for Gold

Bitcoin’s [BTC] rise and fall on the cryptocurrency charts have been a sight to behold, with cascading events in the industry being attributed to its price movement. A recent post by planB suggests that Bitcoin has escaped the utility asset domain of Platinum, Palladium, and Silver and has entered the monetary asset domain of BTC’s […] The post Bitcoin [BTC] zooms past the utility asset domain of Platinum & Palladium as it guns for Gold appeared first on AMBCrypto. дальше »

2019-6-6 18:00


Meteoric Dow Jones Rally is Nothing But Smoke & Mirrors

By CCN: The Dow and broader U. S. stock market rebounded sharply on Tuesday after Federal Reserve Chairman Jerome Powell more or less laid the groundwork for rate cuts in the near future. The Fed chief’s comments came less than a day after CCN reported that Wall Street was becoming more convinced that the era of ultra-loose monetary policy would return very soon. дальше »

2019-6-4 22:02


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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price. дальше »

2019-6-4 19:03


BNC Research: Crypto asset investment strategies in a negative inflation environment

With central banks worldwide removing cash from society in favor of Central Bank Digital Currencies, and negative interest rates turning traditional investment strategies on their head, digital assets present a compelling use case as a hedge against extraordinary global monetary policy and capital surveillance дальше »

2019-5-28 01:00


European Central Bank: Crypto Currently Has No Significant Implications for Monetary Policy

It’s no secret that cryptocurrencies are not looked upon favorably by most major central banks across the world. Some crypto enthusiasts believe that central banks fear that the nascent technology could pose threats to existing monetary systems, while others believe that central banks will begin adopting the technology in the future. дальше »

2019-5-19 22:30


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Bitcoin as a Haven Asset: Investors De-Risking Portfolios Following Dovish Monetary Policies

James Turk of Goldmoney says investors are de-risking their portfolios by pivoting away from bonds and stocks into assets like bitcoin and gold. The banking, investments, and commodities expert speaking to King World News said dovish central banks policies, a weak European banking system, and the U. дальше »

2019-5-16 05:00


Bitcoin Can Sat-isfy The World: Monetary Transformation On A Global Scale

What would it take for economies to be transformed? From measuring the worth of assets in fiat currencies — pounds, euros, dollars, and so forth — to a digital currency system that values every good, service, and commodity in Bitcoin? The task of overseeing and implementing such a monumental shift would be overwhelming… yet it’s […] The post Bitcoin Can Sat-isfy The World: Monetary Transformation On A Global Scale appeared first on Crypto Briefing. дальше »

2019-5-16 22:57


Bitcoin [BTC] and Venezuela: An experiment on trust and technology?

Jill Carlson, the Co-founder of Open Money Initiative, spoke about the economic crisis in Venezuela and the role of cryptocurrencies in the country at the Magical Crypto Friends Conference 2019. Carlson’s presentation on ‘Designing for Extremes: Money Hacking in Venezuela’ provided an insight into the factors behind the country’s closed economy and its crumbling monetary […] The post Bitcoin [BTC] and Venezuela: An experiment on trust and technology? appeared first on AMBCrypto. дальше »

2019-5-13 16:30