In recent days, the traditional financial markets have experienced increased volatility. What is commonplace in the cryptomarkets has now become apparent in the traditional asset classes. Here, we will take a look at the last few years and current events on the markets. General macro situation in the financial markets Let us take a quick […]
According to a representative survey by Migros Bank, younger generations are increasingly betting on crypto-currencies instead of physical gold. Around 7 percent of the 18- to 55-year-old Swiss population have invested money in bitcoin or in other crypto-currencies. That is more than they have invested in physical gold. For the over-55s, by contrast, the preference […]
At the end of January, the World Economic Forum in Davos published a 28-page guide for central banks entitled “Central Bank Digital Currency CBDC Policy-Maker Toolkit“. The document is intended to help countries to introduce digital currencies. An insight from Demelza Hays. The World Economic Forum’s Central Bank Digital Currency Policy-Maker Toolkit is a document […]
The South Korean city of Seoul is introducing a blockchain-based petition system on the 1st of March. The system is intended to give citizens the opportunity to propose issues directly to the local administration. Residents of the capital can use the system to submit proposals to the government about possible changes to existing policies or […]
The US investment bank JPMorgan Chase has published a report on blockchain, digital and crypto-currencies. The report states that blockchain is still many years away from being widely used. In the 74-page report, the report’s authors state that they see “long-term potential” for Distributed Ledger Technology (DLT) to change the current business model for banks, […]
Bitcoin/USD daily basis (Source: Tradingview.com) Bitcoin/USD – for the time being, consolidation below newly created highs taking place The price of bitcoin has moved away from its recent highs of USD 10,500 in the reporting week. From Sunday onwards, the price traded downwards with lower highs and lows. With partly high daily bandwidths, the price […]
German companies Edeka, Lidl, Henkel, SAP, Lufthansa and several other large companies are planning a joint blockchain project for the exchange of load carriers. Well-known companies are working on blockchain projects This was announced by the German branch of the standardization organization GS1. The companies involved in the project, all of which have a turnover […]
The White House is exploring ways to create incentives for US households to invest in the stock market. One proposal is that a portion of income for investment purposes would be tax-exempt. According to CNBC, the Trump administration is currently examining several proposals as part of an upcoming stimulus package set to include tax-free investments […]
Bitcoin/USD daily basis (Source: Tradingview.com) Bitcoin/USD – First taste of the strong resistance zone This week, the price of bitcoin managed to break through the psychological hurdle of USD 10,000; with the breakthrough occurring in the late hours of last Sunday. This momentum was put to the test on Monday and Tuesday, which saw a […]
The French SEC-equivalent AMF (Autorité des marchés financiers), detailed the existing issue on approaches taken regarding digital currencies. In their report, the AMF called on the European Commission to develop a strategy for digital financial services. The Fintech dossier called for the EU to “regulate the issuance and exchange of financial instruments in a blockchain […]
