Tag: Euro

A New Bitcoin World

China Takes Another Step Away From USD Hegemony

China Takes Another Step Away From USD HegemonyThe China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro from 16.34% to 17.40%. The change could signal further disassociation […]

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January 1, 2020 0

Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates

Mario Draghi Leaves ECB Without Ever Raising Interest RatesPreparing for a change at the top, the European Central Bank has decided to keep interest rates on hold and at their all-time lows. Mario Draghi, who had his last monetary policy meeting as president of the ECB, is leaving after an eight-year term during which key rates were never raised. At the subsequent press […]

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October 24, 2019 0

Bitcoin Volumes in Venezuela Plummet During Nationwide Blackout

Bitcoin Volumes in Venezuela Plummet During Nationwide BlackoutVenezuelans are having a difficult time as the country’s power grid shut off on March 7, leaving the majority of Venezuelan states with no electricity for well over a week. According to reports on March 14, electricity has been restored throughout most states within the country. However, during the week-long blackout, bitcoin trades on the […]

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March 15, 2019 0

Debit Card Issuer Bitnovo Announces Bitcoin Cash Support

Bitnovo Announces Support for Bitcoin Cash, as Acceptance Continues to GrowBitnovo has launched support for bitcoin cash (BCH). Starting September 27, users of Bitcard will be able to replenish their cards or accounts with BCH. Payments will be supported also. Also read: Pesamill Africa Launches as Kenya’s Latest Exchange Offering P2P And Centralized Trading Users of Bitnovo Bitcard Can Now Use Bitcoin Cash For Top Up […]

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September 27, 2018 0