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JPMorgan: Ethereum set to outperform bitcoin in long run

JPMorgan: Ethereum set to outperform bitcoin in long run

Financial analysts note that in recent days Ethereum (ETH) has been noticeably outperforming bitcoin (BTC). Many experts consider ETH “the backbone of the crypto-native economy” and the most popular means of transactions. Thus, multinational bank and asset manager JPMorgan confirms that this trend is gaining ground.
17:11 2021-05-09 UTC+00
IMF: digital yuan unlikely to replace USD

IMF: digital yuan unlikely to replace USD

It is hard to predict the exact reaction of the US dollar to the issuance of the digital yuan. As the Chinese project is approaching its final stage, more and more experts agree that the greenback has nothing to worry about. Thus, Gita Gopinath, chief economist of the International Monetary Fund, holds the same view.
16:54 2021-05-09 UTC+00
Why NFT artwork worth millions?

Why NFT artwork worth millions?

A new investment trend is becoming increasingly popular today. Funny pictures, videos, and old tweets that have become an integral part of the Internet culture can now be used as assets for successful investing. Analysts are exploring who is eager to invest in these peculiar pieces of art. Short videos, tweets, and GIFs are being auctioned off and sold for hundreds of thousands of dollars.
11:20 2021-05-07 UTC+00
EU and India discuss global infrastructure deal

EU and India discuss global infrastructure deal

The Belt and Road Initiative, China’s large-scale project, is at an early stage of its implementation but it already performs its main function — it unites people. Thus, India and the European Union have decided to establish a partnership to keep up with China. The EU and India are looking to unveil their plan at a summit on May 8th.
10:50 2021-05-07 UTC+00
China to wage war against financial scams

China to wage war against financial scams

China has introduced tougher measures against financial scams, from cryptocurrency swindles to fictitious fundraising that capitalizes on the upcoming 100-years anniversary of the ruling Communist Party. The new anti-fraud rules will come into effect on May 1st, Reuters said. China has closed around 6,000 peer-to-peer (P2P) platforms in recent years.
10:43 2021-05-07 UTC+00
Experts admit standoff between US and OPEC

Experts admit standoff between US and OPEC

US lawmakers are forging ahead with legislation against oil cartels for their practice of boosting oil prices. On April 26, the US House Panel discussed a bill that would allow the US to file lawsuits against the OPEC and other oil producing countries. The draft bill is still on the table at the House of Representatives.
14:14 2021-05-05 UTC+00
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