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Home prices rose 0.8 percent in the second quarter of 2020. Overall, prices are up 5.4 percent nationwide compared to a year ago. Investors are thinking about housing more than ever as further potential lockdowns loom. The U.S. housing market secured a modest advance in the second quarter of the year, experiencing a
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After a two-day closed-door meeting this week, the Federal Reserve issued a six-paragraph statement on Wednesday and held an hour-long press conference. None of that was news, of course, and neither was anything else emanating from the U.S. central bank, which announced no policy changes. You’re reading First Mover, CryptoX’s daily markets newsletter.
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The Japanese government is expected to include consideration of a central bank digital currency (CBDC) in its official economic plan. The news comes 10 days after the Bank of Japan’s announcement that it will start experimenting with the digital yen to check its feasibility from a technical perspective.According to Nikkei,
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Bitcoin has been closely tracking the traditional markets in recent months, which is part of the reason why it has been caught within such a persistent trading range since the start of May.The equities market has been stable as of late, with its ongoing consolidation coming close on the heels
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Talk of a US central bank digital currency (CBDC) dominated proceedings, as the US Senate Committee on Banking, Housing, and Urban Affairs conducted a virtual meeting yesterday.The near two-hour-long hearing titled “The Digitization of Money and Payments” discussed competing with China’s CBDC offering, financial inclusion, and modernizing the current US
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Bitcoin has started the third quarter mutely as its price fluctuates in a small $6-range.The cautious sideways movement surfaces ahead of the U.S. Non-Farm Payrolls (NFP) report releasing on Thursday.Observers expect a recovery of at least 3 million jobs in June, a piece of news that may help the S&P
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Sveriges Riksbank, Sweden's central bank, took a 98-page deep dive into central bank digital currencies, or CBDCs, referencing the country's own such asset — the e-krona. "The second issue of Sveriges Riksbank Economic Review in 2020 has a special theme, namely central bank digital currencies (CBDC) and the e-krona," Riksbank's June
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The new version of Economic Model 2.0 embeds both static and dynamic structure to encourage capable and influential community members and HYN holders to lead multiple decentralized map communities as node operators as scaling period develops overtime.The new model also integrates the internal and external burning mechanism to boost the
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Bitcoin is now viewed as a better hedge against market volatility than stocks and U.S government bonds according to a recent survey from market research company
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Worldwide, governments devote an estimated $9.5 trillion each year to public procurement — an average of approximately 15% of national gross domestic product. This money goes to public goods and services such as the construction of roads and the delivery of healthcare services, but it also tends to line the
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