by AIP Online Bureau | Jan 23, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
Given their relatively high volatility and valuations, cryptocurrencies’ increased co-movement could soon pose risks to financial stability especially in countries with widespread crypto adoption, according to IMF research New Delhi: Bitcoin was hovering at...
by AIP Online Bureau | Jan 21, 2022 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy
Virtual coins have become emblematic of a retreat in speculative investments sparked by the prospect of tighter monetary policy in the U.S. Bitcoin of late has tracked swings in technology stocks, which have been under pressure, with the Nasdaq 100 tumbling into a...
by AIP Online Bureau | Jan 12, 2022 | Eco/Invest/Demography, Facts, Technology, Wealth Management/ Philanthropy
Citing bitcoin’s $700 billion market capitalization, compared to the around $2.6 trillion worth of gold owned as an investment, Goldman Sachs said that the cryptocurrency currently has a 20% share of the “store of value” market The term “store...
by AIP Online Bureau | Dec 4, 2021 | International News, Risk Management, Technology
The plunge follows a volatile week for financial markets. Global equities and benchmark U.S. bond yields tumbled on Friday after data showed U.S. job growth slowed in November and the Omicron variant of the coronavirus kept investors on edge Bitcoin shed a fifth of...
by AIP Online Bureau | Nov 29, 2021 | Eco/Invest/Demography, Indian News, Technology
Finance Minister Nirmala Sitharaman The government plans to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 in the ongoing Winter Session of Parliament. The Bill seeks to ban all but a few private cryptocurrencies to promote...
