Bitcoin collapsed to $54,000 last night, which could be its biggest drop since the FTX crash.One of the main factors was the distribution of bitcoins from the Mt. Gox exchange. 52,633 bitcoins were transferred overnight, which had a significant psychological impact on the market and triggered proactive sales.The second reason for the drop is related to the decision of the German government to begin liquidating its bitcoin reserves. Transactions were recorded on major exchanges such as Bitstamp, ... Více
The People's republic of China is confronted with bubble risk which was mainly due to higher money... Více
The European Commission had cut down its economic expectation for the growth in Britain, with... Více
The American citizens have high approval rating to the US economy prior the Sept. 11, 2001 attacks,... Více
Based on the new research led by the HSBC, companies that are located at Shenzhen in Southern... Více
Greater number of European businesses intends to cut down their orders from British suppliers... Více
The German investors sentiment had increased, reaching its highest level for this month. The... Více
Economists are expecting that the Reserve Bank of New Zealand will maintain its official cash rate... Více
The central bank of Lebanon has assured that the Lebanese pound has been steadfast, according to... Více
Consumer prices in Turkey rallied to a record high over 13 years, excluding volatile items such as... Více
After more than a decade, the Bank of England decided to implement interest rate hike. The bank... Více
The total unemployment rate in Germany declined a bit lower than expected for the month of October... Více
It seems noticeable that the American economy is on a tear as shown in the economic model of the... Více
Singapore aims to strengthen its standing being the financial hub in Asia that targets greater than... Více
The American economy unanticipatedly sustained the rapid momentum in Q3, as the inventory... Více
Japan’s industrial production was anticipated to decline in September following a rigid profit in t... Více
There are more American citizens who filed for unemployment benefits that led to an increased over... Více
The Britain economy progressed higher than expected in the third quarter. Yet the economist... Více
The quarterly growth of the South Korea from October to December is forecasted to reach just above... Více
The government could conclude that the economy has been a steady growth to end the deflation period... Více
The total unemployment figures of France reduce in September based on the records from the Labour... Více
The incoming prime minister of New Zealand, Jacinda Ardern noted on Tuesday that she intends to... Více
The latest elections in New Zealand coupled with political risks created a major impact towards the... Více
China is forecasted to exceed the annual growth of around 6.5 percent in the current year,... Více
Majority of the business economists have predictions about the possible growth of the US economy by... Více
The consumer price index of Singapore is anticipated to increase in the month of September which is... Více
The strong economic development of China boosted the global economy that has been perking up on its... Více
On October 26, the European Central Bank is scheduled to reduce their monthly asset purchases to 40... Více
The American economy had a modest to moderate pace of expansion in September until earlier in... Více
The appeal for an injunction to prevent the Bundesbank in participation to the asset purchase... Více
According to the world’s leading economic think-tank, the reversing Brexit is expected to cause a p... Více
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