Goldman Sachs has predicted that the price of gold will rise this year driven by fears of slowing economic growth, according to CNBC. In the next three months, the investment bank has forecast that the price of gold to hit...
U.S. President Donald Trump has reiterated that Mexico will pay for the wall that he pledged to build along the country’s southern border during the 2015/2016 campaign rallies. In an early-morning tweet, Trump declared that the benefits accruing from the...
Cryptocurrencies will be one of the examination priorities of the U.S. Securities and Exchange Commission (SEC) in 2019. According to the SEC’s Office of Compliance Inspections and Examinations (OCIE), this will be done with a view of protecting retail investors...
Nearly one year after a $0.5 billion hacking incident, Coincheck has been handed a cryptocurrency exchange license. In a statement, the exchange’s operator indicated that beginning January 11, 2019, it is now registered as a cryptocurrency exchange agency with the...
A survey commissioned by the bank of central banks, the Bank of International Settlements, has disclosed that even though Central Bank Digital Currencies (CBDC) are being researched by a big number of reserve banks, the work is mostly conceptual. Consequently,...
Canada’s elections agency, Elections Canada, has invited views on how to handle the use of cryptocurrencies such as bitcoin in political fundraising. Elections Canada Asks Political Parties for Input on Bitcoin According to iPolitics, Elections Canada has requested political parties...
Jeffrey Gundlach, the CEO of DoubleLine Capital who manages over US$200 billion in assets, has a tip for speculators – bitcoin price could rise to $5,000. According to CNBC, the Wall Street veteran who has earned the nickname “Bond King”...
Electric car maker Tesla has announced that it will no longer sell the entry-level versions of its Model S and Model X models. This was disclosed by the firm’s CEO and founder, Elon Musk, in a tweeted statement. Starting on...
After losing cryptocurrencies worth millions of dollars to SIM hijackers, a tech entrepreneur and other victims have launched an initiative aimed at raising awareness and pushing telcos into protecting subscribers, Motherboard reports. According to Robert Ross, who lost approximately US$1...
The declaration by free speech social network Gab that the firm was still allowed on Square’s bitcoin-friendly Cash App after being banned on other platforms may have been premature. This emerged after the social media platform that is occasionally referred...
