18-08-2017
03:01 am
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Tag: finance

NewsBTC Banks Digital Currencies Warning

Yet Another Bank Warns About the Dangers Associated With Digital Currencies No Comments

One recurring trend we saw over the past few year sis how banks continue to warn about Bitcoin and cryptocurrency. For some reason, banks are legitimately afraid of digital currencies. That is not entirely surprising, as digital currencies bring competition to the traditional financial ecosystem. The Bank of Samoa feels now a good time to warn about Bitcoin and other currencies. Banks warning ...


Bitcoin Price Ticker is the Top Paid Finance App in The Apple Store No Comments

Mobile Bitcoin applications are a great way to keep tabs on the current price. Although there are multiple free applications available, some are paid. One of those paid apps is quite popular among iOS users. It is quite nifty to see a paid Bitcoin price ticker app dominate the paid finance apps in the Apple App Store. Things are slowly starting to change in favor of Bitcoin. It has to be said, ...


Financial Expert Jonathan Harris Feels “Zero” is the Right Price for Bitcoin and other Cryptocurrencies No Comments

There are different opinions out there regarding the Bitcoin price. Some experts feel US$2,000 was a major milestone and anything is possible from here on out. Others think this is all just a big bubble waiting to pop. Jonathan Harris, on the other hand, feels Bitcoin should be worth nothing. The same goes for all other cryptocurrencies in his opinion. In fact, he states how "cryptocurrencies do n...


NewsBTC Russia Economy Bitcoin

Russia is Going Through an Economic Recovery, But What Does It Mean For Bitcoin? No Comments

Russia has always been a bit of an unusual country when it comes to finances. Interestingly enough, the financial system in this country is on the mend, which paints a positive outlook. Considering how the local government wants to take a positive stance on Bitcoin, it is evident this country is worth keeping an eye on. It is good to know Russia's economy is slowly recovering. The past few dec...


Millennials’ Trust In Banking Institutions Reaches An All-time Low No Comments

The past decade or so had not been kind of banking institutions. Major scandals and mismanagement of funds have been making media headlines for some time now. It is not surprising millennials have little faith in the banks at this stage. In fact, less than one in ten would put their faith in a banking institution as of 2017. it remains unclear if this will have a positive effect on Bitcoin moving ...


NewsBTC Turkey Gold Assets

Turkish Central Bank Introduces New Bond To Confiscate Private Gold Assets No Comments

Most people are well aware of the current living conditions in Turkey. Erdogan is making some very controversial statements which do not go over well. It now appears the country is suffering from dwindling credit and a Turkish Lira devaluation. The new plan by the government is to start confiscating gold assets. A radical step that will set a very dangerous precedent, to say the least. It is ne...


NewsBTC Trump USD Dip

US Dollar Suffers Sudden 0.7% Value Dip in Wake of Recent Trump Comments No Comments

Financial experts would have noticed the US Dollar's strong run. Ever since President  Trump got elected, the value of the US Dollar has been growing significantly. Unfortunately, it appears this is doing the currency more harm than good. President Trump even called the US Dollar "too strong", which immediately caused the exchange rate to plummet. President Trump Causes 0.7% USD Dip It is evid...


USAID India Cash Ban

Banning Bitcoin Will See Government Losing out on Opportunities No Comments

The Indian cryptocurrency community is eagerly awaiting for a response from the government's inter-ministerial committee regarding the legality of Bitcoin and other virtual currencies in the country. The government, press and legal experts have been discussing the possible outcomes and what it could mean to the country's cryptocurrency ecosystem. Some have mentioned that the committee will need m...


NewsBTC Russia China Gold-backed Standard

China and Russia Strengthen Ties To Replace US Dollar With a Gold-backed Trading Standard No Comments

Russia and China have been in cahoots for quite some time now. Not only have both countries developed a payment network to rival SWIFT, they are also looking to rid of the US Dollar. A new alliance between both nations will focus on a gold-backed trading standard. Bypassing the US Dollar is quite an ambitious goal, but it is not entirely impossible either. A few weeks ago, the Russian Central B...


NewsBTC US Economy Bubbles

US Economy Will Be Affected By These 4 Bubbles Waiting to Burst No Comments

The US economy continues to dominate the financial news these days. Although there is no immediate cause for concern, things may turn around at any given moment. Some experts claim several bubbles are about to burst, all of which will have a major impact on the US economy. This opens up new opportunities for bitcoin and other alternative forms of finance. To put this news into perspective, it ...


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