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German financial services giant Deutsche Bank AG is one of the largest and most important economic institutions in the world. Mainly due to self-imposed scandals, the bank is now having to taking drastic measures to stay afloat. Investors everywhere should note that if such a critical piece of the too-big-to-fail banking system falters, it could trigger another global financial crisis.
Also Read: Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin
The rumor on the street is that Coinbase succumbing to technical difficulties led to a significant $ 1,400 drop in the price of Bitcoin across the entire global cryptocurrency market. If this is remotely true, that would mean too much of the crypto market relies on a single outlet. But can it be? Or did bears […]
The post Stop Blaming Coinbase for That Bitcoin Price Collapse appeared first on CCN Markets
By CCN.com: As the eurozone economy slows down and the European Central Bank (ECB) run out of ways to fuel the market, market strategist Russell Napier has said the euro may be in trouble. Speaking to FT, the analyst firmly stated that the global monetary system is beginning to show serious vulnerabilities, noting that the
The post Is The Demise of Euro Inevitable? Analyst Says it Can Trigger a Devastating Collapse appeared first on CCN
The cryptocurrency market took yet another major hit on Saturday when Bitcoin (BTC) dropped through the $ 4,000 psychological support level, plummeting as low as $ 3,600 in recent trading before settling around $ 3,780. While bearish bets and price targets are beginning to pile on, ShapeShift CEO Erik Voorhees believes that the current market action is indicative of […]
SludgeFeed
The cryptocurrency market has entered a full-fledged state of depression, leaving many long-time investors frustrated and many first-time investors downright furious. However, the worst is almost certainly over.
Many uneducated cryptocurrency investors lump the major market players — Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and possibly Bitcoin Cash (BCH) — into the same category, even though there are fundamental and core differences between these cryptocurrencies.
That group, according to Linda Butcher, co-founder of Rewards Blockchain LTD., is often believed to be on the verge of collapse.
