Tag Archives: financial

European Equities Hover Around Nine-Month Highs As Gold Gets Boost From Weaker Dollar And Cryptocurrencies Slide | Currency News | Financial and business news

[ad_2][ad_1] Bull and bear sculptures outside the Frankfurt Stock Exchange in Frankfurt. Xinhua / Getty Images European equities held around nine-month highs, led by gains from German equities, as the dollar eased, which boosted gold. Cryptocurrencies ran into a wall of sales following this week’s rally, with bitcoin down $ …

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Financial institutions to increase future blockchain spending

[ad_2][ad_1] Many financial institutions are poised to increase their blockchain spending in 2021, according to an upcoming Deloitte survey titled “Financial Services Industry Outlooks 2020”. Preliminary results shared with Cointelegraph indicate that 27% of institutions surveyed expect a “slight increase in spending” for blockchain and distributed ledger technology, while 14% …

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Bitcoin Could Rise To $ 100,000 By End Of Next Year As Demand Quickly Outpaces Supply, Cryptocurrency Investor Says | Currency News | Financial and business news

[ad_2][ad_1] Dado Ruvic / Reuters / Illustration Bitcoin could rise to $ 100,000 by the end of 2021, according to crypto investor Anthony Pompliano. The co-founder of Morgan Creek Digital told CNBC on Wednesday that the demand for bitcoin is rapidly outstripping supply, while the macroeconomic environment of low interest …

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Australian Border Force begins commercial trial on paperless blockchain with Singapore

[ad_2][ad_1] The Australian Border Force (ABF) is developing solutions to make cross-border trade easier and paperless for Australian businesses, in line with the Australia-Singapore bilateral digital economy agreement. On November 23, a trial was launched with Singapore Customs and Singapore Infocomm Media Development Authority (IMDA) to test digital verification systems: …

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Queen was “interested” in a blockchain diary she received in the mail, according to her private office Currency News | Financial and business news

[ad_2][ad_1] Toby Melville – WPA Pool / Getty Images Queen Elizabeth II received a blockchain diary in the mail and was “interested to hear that the publication is the first open access blockchain research journal available in both print and online,” according to a letter from her office. In a …

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Ripple’s XRP Rises 70% As Bitcoin Craze Sends Investors Into Hosts Of Smaller Cryptocurrencies Currency News | Financial and business news

[ad_2][ad_1] Thomas Trutschel / Photothek via Getty Images Ripple’s XRP price gained as much as 70% in extremely volatile exchanges on Tuesday, extending Bitcoin’s broader cryptocurrency rally. As institutional investors allocate huge amounts of Bitcoin as a hedge against inflation, other market participants are looking for alternative cryptocurrencies – or …

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