dutch election

Europe Higher as Catalans Seek Talks With Madrid

Puigdemont Wants to Delay Independence Declaration European equity markets are expected to open a little higher on Wednesday, with Spain’s IBEX a strong outperformer after Catalan leader Carles Puigdemont adopted a softer stance on independence on Tuesday. While Puigdemont remained clear that they had been


Russian President Vladimir Putin: Cryptocurrency Poses ‘Serious Risks’

Russian president Vladimir Putin said in a meeting today that cryptocurrencies pose significant risks related fraud and money laundering. Quoted by Russian state news service TASS, Putin was speaking during a meeting that was focused on the subject of cryptocurrencies and financial tech more broadly.


Consumer climate declines slightly

Findings of the GfK Consumer Climate Study for September 2017 Excellent consumer sentiment will not continue unabated in September. Both income expectations and propensity to buy decreased. On the other hand, economic expectations increased slightly. GfK forecasts a decrease in consumer climate for October of


First Cash, Now Gold? Another Bitcoin Hard Fork Is on the Way

Bitcoin, bitcoin cash, bitcoin gold? There could be as many as four cryptocurrencies bearing the bitcoin name if a small group of miners and developers carry out a planned fork of the blockchain this month. Styled as a rebellion of sorts, bitcoin gold aims to follow


Popularity of Crypto Debit Cards Will Encourage Mainstream Adoption

World boxing champion Floyd Mayweather, popular for his uncommon attitude towards money, has taken his relationship with cryptocurrency a step further by partnering with Centra Card to spend his cryptocurrency in mainstream commerce. With posts under some of his social media handles earlier this year,


Chase Bank Buys Bitcoin Even as Jamie Dimon Rejects It

Chase Bank CEO Jamie Dimon recently rejected Bitcoin as a ‘fraud,” likely causing additional sell offs after the news of the Chinese exchange ban was released. The financial guru commented that Bitcoin was in a bubble not unlike the famous Tulip bubble during the 17th century. However,


Chinese Bitcoin Exchanges Will Likely Not Be Banned After All

Over the past week, inaccurate news regarding the supposed ban on Chinese bitcoin exchanges in mainstream media outlets in China and the US including Caixin, the WSJ and Bloomberg have shaken the bitcoin markets. Almost immediately after the release of Caixin’s report, bitcoin’s price endured a minor


Should Jamie Dimon Be Terrified About Bitcoin?

Earlier this week, Jamie Dimon, the C.E.O. of JPMorgan Chase, went on a notable, vociferous tirade against Bitcoin, the cryptocurrency that has been associated over the years, fairly or not, with the Silk Road drug ring, the Winklevoss twins, and, more recently, mind-blowing returns. Over