The price of Bitcoins has risen more than tenfold since it bottomed in February 2015. Such a parabolic move can be compared to the rise in Silver or Gold towards 1980 or 2011, or the NASDAQ in the run-up to its 2000 top during the dot.com bubble. And indeed, the promise of a finite non Fiat universal currency, which is easy to store and transfer are huge. Amid capital flight out of China and legalization in Japan, Bitcoins are finding increased legitimacy either as a practical store a value or as the possible next international transaction currency. We hereby attempt to monitor this parabolic rise, an exercise which is never easy.
One should learn from one`s mistakes, but Americans apparently do not. The great crisis of 2008 was brought on by the securitization of sub-prime housing mortgages. To a lesser degree the same mistake was made again with the securitization of sub-prime auto loans, and now the housing market is once more preparing the basis for another crisis.
Billionaire tycoon George Soros has warned the EU it is facing an 'existential crisis' and that Brexit talks could last five years. If, during the divorce negotiations, the EU manages to successfully reform itself and attract wider support from its citizens, the U.K. will want to keep its European membership, Soros told an audience in Brussels. "The divorce will be a long process taking as long as five years. Five years are a very long time in politics, especially in revolutionary times like the present," Soros noted.
Fintech is taking the world by storm, and investors are starting to notice. While 2016 was dubbed what some might say as “challenging” for the fintech market, overall investment in fintech totalled $24.7 billion, according to KPMG. That figure is impressive enough on its own, but it pales in comparison to the $46.7 billion invested in 2015. As KPMG suggests, 2016 was a “challenging year for fintech investment,” with thanks to the Brexit vote and circumstances surrounding that outcome. The US presidential election was also a contributing factor, while there was also a slight slowdown in China.
Hong Kong maintained its hold on the top of the rankings as the world most competitive economy once again, the annual rankings compiled by the IMD World Competitiveness Center in Switzerland shows. Switzerland and Singapore came in second and third, while the United States ranked fourth, its lowest position in five years and down from third last year.
Apple's rumored Siri smart speaker, which is designed to compete with the Google Home and Amazon Echo, is already in production ahead of a prospective debut at the upcoming Worldwide Developers Conference, reports Bloomberg. Citing sources "familiar with the matter," Bloomberg says production has already started on the speaker, but it is not expected to be ready to ship until later in the year. Still, Apple could introduce the speaker at WWDC, which kicks off next Monday.
Announced as a ‘world premiere’, the new legislative project will soon reach the Parliament and its main purpose is to stop the psychopaths who were convicted from leaving the Australian territory. The measure will lead to the cancellation of 20.000 passports belonging to individuals who have served their sentence for pedophilia but are still in the forefront of some judicial services.
Switzerland's economy expanded at a slightly faster pace in the first quarter, data from the State Secretariat for Economic Affairs showed Thursday. Quarter-on-quarter real growth of 0.3 percent surpassed the upwardly revised 0.2 percent in the fourth quarter but lagged the 0.4 percent expansion expected on average in a Reuters poll of five economists. In the same period GDP performance recorded a 0.5 per cent expansion in the eurozone, 0.6 per cent in Germany and 0.2 per cent in the UK.
Only a little more than half a year is remaining until implementation of PRIIPs and MiFID II, and th
Lo Shipbrokers and Shipagents Dinner è uno degli eventi più importanti nel panorama mondiale della
Within the framework of this presentation, Viktor Pershikov, MFTA, (a leading technical analyst in R
One of the biggest conferences in Switzerland, which brings together the private equity, venture cap
Within the framework of this presentation, Viktor Pershikov, MFTA (a leading technical analyst in Ru
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