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Tom Barrack Warns on Collapse of Commercial Mortgage Market

Tom Barrack, the head of Colony Capital real estate investment firm, claims that the next big crisis can be harder than the Great Depression. He suggests that the market needs an additional supply of liquid cash, as well as borrow system restructuring until 2024.Per the U.S. based commercial mortgage market shark, Tom Barrack, the market signs are telling that the collapse is imminent. The borrowers must not fall into default, because this would mean a domino effect for the industry.Barrack...

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Ripple’s XRP Is Not Used by Intermex for Its Mexican Remittances

Ripple’s XRP is not suitable for Mexican remittances, but it might be a good solution in the African market where Intermex has recently expanded. In February, we reported about Ripple‘s collaboration with Intermex (International Money Express, Inc), provider of remittance services to Latin America and the Caribbean corridor. Within the partnership, Intermex was to use Ripple’s On-Demand Liquidity (ODL) through RippleNet and “enable faster cross-border payments between the U.S. and Mexico.”...

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Upcoming Bitcoin Halving Is 51 Days from Now and Could Save Crashing Crypto Market

All eyes are on Bitcoin halving scheduled in mid-May 2020 to retrieve the lost glory of Bitcoin. Amid the COVID-19 outbreak, Bitcoin price has corrected over 40% in just the last month.The COVID-19 pandemic has severely hit not only the traditional markets but also the cryptocurrency markets. The overall cryptocurrency market has corrected nearly 40% in just the last month. The world’s largest cryptocurrency Bitcoin has also corrected 40% during the same period. This market crash has wiped...

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MoneyGram 2019 Annual Report: $11.3 Million XRP Sold during Partnership with Ripple

In 2019, MoneyGram has received $11.3 million worth of XRP, $8.9 million in the fourth quarter only. In 2020, this number seems to be increased.Recently, money transfer company MoneyGram has released its 2019 annual report. According to MoneyGram, it has sold $11.3 million worth of XRP received as a result of its commercial partnership with Ripple.As MoneyGram has revealed in its filing to the SEC, its loss in the fourth quarter of 2019 has totaled $11.9 million. However, the company assured...

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#840 Bitcoin last man standing 24/7 Trading & BTC Miner verantwortlich für Bitcoin Crash?

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 840. Heute sprechen wir über folgende Themen: The Last Man Standing – BTC und der 24/7 Handel – Sind die Miner verantwortlich für den massiven Bitcoin Einbruch 51 Tage vor dem Halving? 1.) Bitcoin: The Last Man Standing? – BTC und der 24/7 Handelhttps://cryptomonday.de/bitcoin-the-last-man-standing-btc-und-der-24-7-handel/ 2.) Did BTC Miners Crash Bitcoin Price With 51 Days Before the...

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S&P 500 Could Get Back to Record Highs in 2021, JPMorgan Chase Says

JPMorgan’s chief U.S. equity strategist thinks that the S&P 500 could return to record highs by early next year if the U.S. policy of efficiently containing the coronavirus outbreak works and the government rapidly moves forward with fiscal stimulus.Last week was pretty damaging for the U.S. markets even though they had a day of positivity. However, they ended the week in the red. Just for reminder, U.S. stocks finished the session on Friday following predictions from Goldman Sachs on...

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Bitcoin Halving Delayed? Following Recent Bitcoin Sell-Off, Average Block Time Increased To 14 Minutes

The latest steep declines in Bitcoin’s price have pushed miners to switch off some of their equipment to reduce costs. Consequently, this slowed down the average daily block time by as much as 70%.Miners’ Response To The Price DropMiners are the backbone of Bitcoin and any other Proof-of-Work-based cryptocurrency. They create new bitcoins by using hardware to solve complicated computer equations. The miner who solves them the fastest receives the reward (fee) for the transaction, which he...

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Coronavirus Financial Crisis: How Can You Tell It’s Over? The Two Must-Meet Conditions

Efforts to contain the coronavirus pandemic have erupted into a disastrous and panicked shutdown of the economy by Western governments. The term “Marshall Law” (correct spelling: “Martial Law”) trended on Twitter last weekend. While many scoffed at this characterization of coronavirus containment efforts, it’s not entirely off base.In New York City, police can arrest bar and restaurant owners if they remain open. That’s to stay compliant with the mayor’s strict executive order to lock down...

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United Airlines (UAL) Stock Jumped Over 25% Today, Will It Take Off after Coronavirus?

United Airlines (UAL) stock is said to have good chances to rise after the COVID-19 situation is over. Today it is fully in the green.United Airlines Holdings Inc (NASDAQ: UAL) stock may take off after COVID-19. This is what prominent investment analyst Luke Lango thinks. Sources report that the Caltech graduate said that that UAL is the best of the lot.While some people blame cryptocurrencies for their volatility, stocks are not netter at all in this context these days. UAL stock price...

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Bitcoin Spikes Again Following News of Trump Bill

Not long ago, Live Bitcoin News reported that the price of bitcoin – the world’s number one cryptocurrency by market cap – was about to surge all over again. Today, it looks like that prediction is coming true.Bitcoin Is Spiking Again!After spending what feels like an eternity in the doldrums (though it was only about two weeks), bitcoin has risen from the ashes and added roughly $1,000 to its price, surging from approximately $5,100 to $6,100 at the time of writing. The currency is once...

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