Market Sentiment & Lateral Thoughts
THE Bank for International Settlements (BIS) has issued a stark warning to central bankers.
“Authorities must be prepared to act against the invasive spread of cryptocurrencies,” said BIS general manager Agustín Carstens. “They … Read the rest
CRYPTOCURRENCIES are likely to remain on the financial landscape, despite regulation.
The market capitalisation of Bitcoin and altcoins (alternative cryptocurrencies) has surged to $557 billion from only $25 billion at the … Read the rest
Quantitative tightening (QT) i.e. tighter money, rising interest rates, low savings and high debt, could confound optimistic economists.
This is the view … Read the rest
THE bursting of the bitcoin cryptocurrency bubble is a key reason why gold has risen. The price has jumped by 8 per cent from US$1,235 an ounce to US$1,335 … Read the rest