Opinion & Analysis

JP Morgan’s Cryptocurrency to Obliterate Ripple; XRP seems to be in trouble

By Brian Stanley February 17, 2019

The $340 billion banking giant, JP Morgan launched a stablecoin called JPM Coin. Industry experts have foreseen the stablecoin to thrash Ripple in the long run. Co-host of Bloomberg’s What’d You Miss? Joe Weisenthal said, “If it turns out that the blockchain framework turns out to be a good one for banks transferring money around, […]Continue Reading

Opinion & Analysis

Consumer Price Rates in US Constant Throughout January

By Evan Vaughn February 14, 2019

Consumer price rates were constant throughout January 2019 as lessened gasoline prices counteracted the effect of rising costs of housing, clothing and medical care. The labor department said that the Consumer Price Index increased only 1.6 percent which is less than its increments in previous years. Last year, CPI increment was 1.9 percent. The price […]Continue Reading

Opinion & Analysis

Talks between Lawmakers on Border Security Funding End in Stalemate

By Adrian Todaro February 14, 2019

The United States is facing another partial government shutdown at the end of this week after negotiations aimed at extending government funding broke down over the weekend. Talks between Democratic and Republican lawmakers on border security funding have ended in a stalemate, raising the fears of another government shutdown. Democrats have critically planned to cap […]Continue Reading

Opinion & Analysis

Jim O’Neill Says, Chinese Consumer is the most Important for World Economy

By Brian Stanley February 11, 2019

Former Goldman Sachs Chairman Jim O’Neill has told in a recent interview that the single most important thing in today’s world economy is reviving the Chinese consumer. As per Chinese official statistics, the country’s growth has been slowed down to 6.6 percent in 2018, which is slowest in the last many years. The country’s on-going […]Continue Reading

Opinion & Analysis

Kraken’s acquisition of crypto facilities leads the company to a new high

By Norma Stanley February 6, 2019

Kraken is a giant cryptocurrency exchange based out of US and is operating in Canada, the EU, Japan, and the US, and it is the largest Bitcoin exchange in Euro volume and liquidity. Recently, the company made a huge announcement about the acquisition of cryptocurrency facilities. This will restructure the entire company to rank between […]Continue Reading

Opinion & Analysis

US Supreme Court weighs whether Louisiana abortion law can go into effect

By Adrian Todaro January 31, 2019

Two doctors from Louisiana requested for a stay for the abortion law from the U.S. Supreme Court. They say that the law could cripple the access to abortion in the state. The law requires doctors who are about to perform the abortion to have admitting privileges at a hospital within 30 miles of their clinic, […]Continue Reading

Opinion & Analysis

Chinese Economy Hits Its Lowest In 3 Decades

By Norma Stanley January 22, 2019

China which is the world’s second-largest economy grew by 6.6% which is slowest in 28 years. As per the latest official data released the economy lost its way further in the last quarter as the county tried to overcome the debt crises and the ongoing trade war with the United States. With that, there is […]Continue Reading

Opinion & Analysis

Chinese Economy Grew the Lowest since 1990

By Evan Vaughn January 22, 2019

China has officially declared that its economy has grown at 6.6 percent in 2018. It is the slowest growth of the Chinese economy since 1990. The experts highly anticipated this official announcement all over the world amidst on-going talks with the United States on trade and tariffs. Economists also have predicted that the Chinese economic […]Continue Reading

Opinion & Analysis

Exchange-traded notes to attract Wall Street Investors, claims CBOE Analysts

By Katherine Miller January 21, 2019

As per recent news, Ed Tilly who is the CEO, president and chairman of Chicago Board Options Exchange (CBOE), said that to attract Wall Street Investors, it is important that exchange-traded notes (ETNs) from Bitcoin (BTC) is made public. The visibility is important for the Wall Street institutional investors as far as joining the digital […]Continue Reading

Opinion & Analysis

China’s Foreign Direct Investment into US Dropped, Says Report

By Evan Vaughn January 16, 2019

Foreign Direct Investment from China into the United States shrunk for the second year in a row. According to the new data by the Rhodium Group, in 2018 Chinese FDI in the United States fell to just $4.8 billion — a massive decline from $29 billion in 2017 and $46 billion in 2016. The figure […]Continue Reading