COVID-19 pandemic is still raging out there. It has caused many companies to close and many people to lose their jobs. It has shown us that our current system is broken. Let’s take a look at how the pandemic hit the largest banks hard. Everyone is losing money Everyone felt some kind of impact from
Since its inception, interest in Bitcoin has been much stronger in younger age groups than in older ones. However, a recent study conducted by Mode Banking reveals that Bitcoin (BTC) investments have been doubling every month since February among Boomers and Gen-X, signalling wider crypto adoption. There was an initial uptick in BTC investments in
Will the cryptomarket be impacted long-term by the global pandemic? Is Bitcoin immune to the Coronavirus? The COVID-19 pandemic has, among other things managed to throw a monkey wrench into the gearbox of the world economy. Some experts claim that it will take years, if not decades, to recover from the screeching halt it caused
To understand why the financial dominoes toppled by the COVID-19 pandemic lead to global insolvency, let’s start with a household example. The point of this exercise is to distinguish between the market value of assets and net worth, which is what’s left after debts are subtracted from the market value of assets. Household example Let’s
Though the stock market is on the rebound of late as more and more states reopen, hedge fund billionaire Ray Dalio has made it clear that he expects the ongoing coronavirus pandemic to leave behind an economic downturn that could be the worst since the Great Depression. “We’re not going to go back to normal”
The past quarter caused investors to become uncertain about the allocation of money in the stock markets. This uncertainty stemmed from the unpredictability of COVID-19. The biggest extremes were also recorded in the gold markets in March 2020, where there was a historic drop in prices in one week, but then prices attacked higher highs than during the period of economic crisis in 2008.
One of the markets that was negatively affected by the COVID-19 pandemic is the real estate market. When we talk about real estate, we do not mean only the housing market, but also offices, industrial-logistics, retail and accommodation markets. Housing market Predicting the development of this sector is more complex than it seems at first
Vaccination, a word polarizing human society into two camps. A word where question of (non) application is no longer only a matter of medicine but also of ethical-moral values and freedoms of our emerging digitally oriented society. First vaccines The first mention dates as far back as the 11th century (where elsewhere than China), but
The current extent of the damage left by COVID-19 shows us, among other things, how unstable our system is. Within just a few days, economies are sinking into recessions, unemployment is rising rapidly, and global social poverty is rising.
Throughout 2018, Bitcoin fell in price. It reached the limit of $ 3,500. It kept that price for the first few months of 2019. And now, after a year of turbulence, it entered 2020, reaching $ 8,600.