The President of the United States Federal Reserve (Fed), Jerome Powell, indicated that the monetary authority must act "directly" to contain the rise in prices and comply with its mandate, which opens the door to another bulky rise in prices. interest rates in two weeks.
"We have to act now,…
Read More...
Browsing Tag
finance
Caracas Blockchain Week will be held in November
It was recently confirmed that the first edition of the Caracas Blockchain Week (CBW) will be held in the country's capital between November 2 and 5.
This meeting aims to promote the cryptocurrency space, emphasizing education, adoption…
Telefónica will close the first investments of its Brazilian fund
The telecommunications multinational Telefónica expects to make its first investments from Vivo Ventures in the coming months, a fund created by the company in Brazil of 320 million reais, equivalent to 60.4 million euros, with the purpose…
Hodlnaut suspends cryptocurrency withdrawals
Cryptocurrency lending and trading platform Hodlnaut has decided to suspend all withdrawals and token swaps as a result of recent conditions in the markets, the company reported.
"We regret to inform you that we will be suspending…
Taiwan will seek to restrict the use of TDC to acquire cryptocurrencies
The Taiwan Financial Regulator would have issued a letter stating that it will soon seek to limit purchases of cryptocurrencies with credit cards.
The instruction establishes that both banks and companies may not use this payment method as…
Italian government will fund blockchain technology projects
The Ministry of Economic Development of the Italian government announced the granting of 46 million dollars to finance organizations that develop projects related to artificial intelligence, the Internet of things and blockchain technology…
Bank of China to support country’s economic recovery
The People's Bank of China (PBC) assured that it will continue to maintain a monetary stance that supports the recovery of the economy, after the impact of the Covid-19 pandemic and the successive restrictions imposed to contain infections,…
Dogecoin value could rise 20%
Despite the bearish behavior that the cryptocurrency market is showing, the dogecoin aims to go against this trend in the coming days.
As of May 11, the cost of the digital asset would show a "bump-and-run-reserval" behavior, which…
Yen reaches its lowest value in the last 24 years
The yen continues its downward path against the main currencies as a result of a growing divergence between the monetary policy of the Bank of Japan and the rest of the major central banks, which has plunged the Japanese currency to its…
World Bank forecasts low economy growth
The World Bank recently said that the growth of the global economy was somewhat lower than previously expected.
According to the financial institution, a "prolonged period of low growth and high inflation" is likely to occur, mainly in…
El Salvador will host a great meeting on Bitcoin
Nayib Bukele, president of El Salvador, announced that a meeting will be held between 32 central banks and 12 financial authorities, in order to talk about Bitcoin.
In recent days, the cryptocurrency has experienced a significant drop…
Most companies would pay ransom in case of ransomware
Paying a ransomware ransom is perceived by managers as a reliable way of dealing with the problem, to the point that close to 90 % of companies that are victims of this cyberattack would pay if attacked again.
The cybersecurity company…