The general consensus this year, even by people who aren’t exactly deep into financial metrics, is that 2019 has been mostly good. On average, global stock markets have performed impressively and still push on. For specifics, Deutsche Bank’s Chief Economist Torsten Slok has highlighted the global stock markets’ 2019 pump to be over $17 trillion.For several reasons including more attention by government and financial authorities, the progress has been quite noticeable. According to Slok,...
Read More »Deutsche Bank Is Wondering if BTC Will Take Over All Fiat
Will fiat currencies last much longer? This is the question being posed by Germany’s Deutsche Bank.Deutsche Bank Is at the Center of the Bitcoin QuestionAs we inch closer and closer towards a fully digital age, many of us are noticing that cryptocurrency seems to be rising through the ranks as a main form of money for many people. While it’s not widely accepted as a means of payment just yet, it is one of the largest speculation tools utilized today, which means it’s got a healthy percentage...
Read More »Bitcoin Bulls Gain Momentum above $7,400 Price Level for Another Assault
The digital money market was the most comprehensive in the positive segment zone on Monday as sentiment gave signs of progress contrasting with the previous seven days. Bitcoin price was drifting in the $7,400 region during early Asian trading.Although the vast majority of previous selling pressure has fallen, we haven’t seen a generous recovery in Bitcoin at the moment. In any case, consolidation may likewise provide a recovery opportunity for long-term HODLers.After a previous mixed week,...
Read More »Deutsche Bank’s Imagine 2030 Report Shows Crypto to Replace Fiat in the Next Decade
Cryptocurrencies continue to make strong inroads in the global economy as even the global governments and banks have started experimenting with crypto assets. In its latest report dubbed Imagine 2030, Deutsche Bank analyst Jim Reid said that cryptocurrencies will dominate and replace fiat currencies over the next decade. With economic uncertainty brewing up all across the globe, Reid believes that government-backed fiat currencies won’t be sustainable. He said that there is a surge in demand...
Read More »#766 Great North Data Insolvenz, Tron vs Digibyte Poloniex & Deutsche Bank Fiat Vertrauensverlust
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 766. Heute sprechen wir über folgende Themen: Kanadisches Bitcoin Mining Unternehmen meldet Insolvenz an, Tron und DigiByte Gründer im Streit & Deutsche Bank glaubt Crypto verdrängt Fiat. 1.) Kanadisches Bitcoin Mining Unternehmen meldet Insolvenz anhttps://www.btc-echo.de/bitcoin-mining-kanadisches-unternehmen-vermeldet-insolvenz/ 2.) Tron und DigiByte Gründer im Streit – DGB wird zur Strafe von Poloniex...
Read More »Deutsche Bank Gives Reason behind Stock Market’s 10-Year Bull Run, Bear Market Is Imminent
Over the last ten years or so, the American stock market has been performing quite impressively, with continuous rises in its general bull run. Since 2009, companies – notwithstanding price drops over smaller periods – have been doing better with time, on average. German multinational investment and financial services firm Deutsche Bank AG has now revealed the driving factor behind this decade-long bull run.According to a tweet from market analyst Holger Zschaepitz with German media company...
Read More »Ousted Bitmain Co-Founder Micree Zhan Is Ready to Fight for the Company with Legal Weapons
Micree Zhan, the co-founder of popular crypto mining company Bitmain, has said that he will definitely return to the company, even if it means considering a legal course of action. This is the first time Zhan has publicly spoken on the matter after news of his abrupt and shocking sack from the company made the rounds last week.In an email that shocked not just Bitmain staff but eventually the entire crypto world at large, co-founder Jihan Wu informed employees that Zhan was no longer a part...
Read More »Will AOFEX Become a New Leading Exchange?
With the development of blockchain, the competition between various fields has become very fierce. As one of the few traffic entrances of blockchain, exchanges have always been such places for strategists to fight for, and their competition has already entered a serious stage. Moreover, even under the attack of three giants, namely, Binance, Huobi and OKEx, there are still many new trading platforms constantly showing their heads, injecting more innovative and fresh elements into this already...
Read More »Deutsche Bank Suffers a 832 Million Euro Setback amid Ongoing Restructuring
Deutsche Bank has embarked on a comprehensive restructuring plan, in a move to revive its failing business, according to reports from earlier this year, but recent events show that its program may not be going as expected. Deutsche Bank took a devastating financial blow which has totally derailed it from its intended market target.Surrounded by an ongoing restructuring plan, the German lender has released its third-quarter report for 2019 on Wednesday, which shows a net loss of 832 million...
Read More »Bitmain Files Secret IPO Application with Deutsche Bank as Sponsor
Even though there’s currently no official word from the company, it has been reported that China’s Bitmain Technologies – one of the largest crypto mining manufactures in the world – has secretly made an official application with the United States Securities and Exchange Commission (SEC), to float an initial public offering (IPO). The move is also said to be fully backed by a German multinational financial services company, Deutsche Bank.Because it is supposedly a secret filing, there aren’t...
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