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Standard Chartered Warns of a High US Recession Risk, All Eyes on Bitcoin

Financial experts and analysts are raising alarming concerns on the growing chances of US recession in the next year. Investors looking towards Bitcoin as a potential hedge.Investors and financial experts have been continuously raising concerns on an impending US recession expected over the next one year. Clive McDonnell, head of

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As Brazil’s Economy Risks Recession, Regulators and Banks Implement Blockchain

Brazil’s weak economic growth and inflationary pressure have led to more than 13 million Brazilians currently out of work. The unemployment rate currently stands at 12.5%. While the country runs the risk of recession, cryptocurrency’s low barrier for entry and promise of large returns appeal to Brazilians. Bruno Peroni,

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Bitcoin Price Boom Signals Massive Dystopian Panic Over 2019 Recession

By CCN: The sudden swell of Bitcoin’s price to $8,000 USD this year shows global recession fears are mounting. This according to Michael Hartnett, the chief investment strategist at Bank of America Merrill Lynch.Bitcoin price has doubled in 2019 but the rally is only getting started. | Source: ShutterstockInterestingly enough,

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Bitcoin To Be The “Escape Hatch” In Impending Global Recession

In the eyes of many across the globe, including anti-establishment figures, credited and established economists, and consumers, the macroeconomy could be on the verge of collapse. In fact, in a recent Bloomberg op-ed, Narayana Kocherlakota, the former president of the Federal Reserve’s Minneapolis arm, advised his old employer to prepare

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Bitcoin Would Survive Recession, But Ethereum Might Crater: Tech VC

Bitcoin would survive a recession, while Ethereum would suffer and Ripple’s XRP would remain unaffected. That’s the prediction of Kyle Chapman, a partner with tech venture capital firm Cosimo Ventures.Chapman wrote in Barron’s that a recession would not hurt bitcoin because it’s decentralized and is mostly independent of the stock

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