Search Results for: Jack Ma
European stocks inch lower
August 27th, 2021
European stocks inched lower on Friday ahead of U.S. Federal Reserve chair Jerome Powell’s speech that could offer hints on the timeline for slowing of its bond purchases programme. The pan-European STOXX 600 index slipped 0.2% in early trading, ...
The real point of cryptocurrencies is not their price
May 27th, 2021
The Wall Street Journal recently posted an email conversation between columnist Andy Kessler and billionaire Mark Cuban in which Cuban explains the real point of cryptocurrencies. Hint: It has nothing to do with the price of bitcoin or ethereum. ...
Bitcoin rises as Visa moves to approve crypto USD Coin
March 29th, 2021
Bitcoin prices climbed as much as 3% by late-morning in London on Monday following yet more news of potential mainstream financial adoption of cryptocurrencies by major players. Reuters news agency reported that Visa had said it will allow the ...
Big investors new to cryptocurrencies appear to be behind bitcoin’s rally to a record
December 22nd, 2020
A herd of new, big investors are scooping up bitcoin this year as the price more than doubles. Investors who bought at least 1,000 bitcoins — worth roughly $23 million at Friday’s price — and have had an account ...
Gold hits near 2-week high on softer dollar
September 15th, 2020
Gold hit a near two-week high on Tuesday as the dollar weakened and investors turned their focus to a U.S. Federal Reserve monetary policy meeting, seeking details of how it planned to hold down rates while aiming to boost ...
Gold prices retreated further on Thursday
September 3rd, 2020
Gold prices retreated further on Thursday, adding to its sharp drop in the previous session, after its safe-haven appeal was dented by a stronger U.S. dollar and an uptick in risk appetite following economic data that bettered expectations. Spot ...
The Eurozone’s financial disintegration
July 31st, 2020
Introduction The Euro Crisis Monitor (above) shows the increasing imbalances in the TARGET2 settlement system between all its members: the ECB (itself with a €145bn deficit) and the national central banks in the Eurozone. Other than minor differences reflecting ...
Payments panic and the ending of fiat currencies
March 24th, 2020
The unilateral response from governments to the coronavirus is to helicopter money to people and their businesses in unlimited quantities. Their priority is to keep the debt-driven Keynesian show on the road, and policy makers are approaching the task ...
The Influence of Technology on the Gambling Industry
December 6th, 2019
Thanks to technology a lot of industries evolved and made a lot of things possible. Simple services and products can now be ordered online. One of the industries that progressed along with technology is the gambling industry. It’s hard ...
Plans for a global Dystopia
November 14th, 2019
Global policy planners intend to deliver replacements for both dollar hegemony and fossil fuels. Plans may appear uncoordinated and in their early stages, but these issues are becoming increasingly linked. A monetary reset incorporating state-sponsored cryptocurrencies will enable ...
