Over the past 24 hours, the crypto-currency market has lost more than $ 35 billion, falling sharply to $ 200 billion. Bitcoin resumed the decline, which began yesterday afternoon, and was below $ 6500 in just an hour. Altcoins are also falling rapidly. The sharp drop of the crypto-currency market began on Wednesday and continued on the night of Thursday, September 6. Then, Bitcoin, having fallen...

Large central banks will need several years to normalize their monetary policies. Inevitably, it will lead to increased volatility in the financial markets, the Organisation for Economic Co-operation and Development (OECD) warned. OECD notes that low rates have already resulted in overestimation of the value of bonds and now the likely adjustments may negatively affect the stock market. Another...

Dairy farmers of Europe are in a difficult situation now. In the near future, Europeans will feel its financial consequences. Summer heat and drought have resulted in interruptions in supply of feed, slaughtering cows, and reduced milk yields. Apparently, there is a crisis awaiting the dairy sector of Europe, which is estimated at 12 billion euros. The clearest problems for livestock breeders can...

Instead of developing their own services, banks should start using each other's strengths, believes Saxo Bank analysts. This will help them to repeat success of companies that have become pioneers in the sharing economy, and modernize their business Every day, we read news about a new financial and technological start-up that tries to use innovations to improve quality of services, or that a...

Sales of electric vehicles and hybrid models in Europe jumped by 42%in the first half of the year compared to the same period last year, breaking the 1 million record. At the same time, their share in the European market of cars was just 2%. This is reported by OilPrice.com with reference to the data collected by EV-Volumes. Sales of electric cars and hybrid cars in Europe amounted to 195...

Lending conditions in the developing countries markets have deteriorated in April-June this year after three quarters of a gradual easing, according to the data of the Washington Institute of International Finance (IIF, Institute of International Finance). The aggregate credit availability index, calculated by the institute and based on results of bank surveys, fell to 48.7 points (down 1.7...

On Wednesday, the Securities and Exchange Commission (SEC) refused to launch several tradable index funds (ETFs) tied to Bitcoin. The regulator explained this decision by fears about possible manipulation and fraud in the market of crypto-currencies and the fact that market participants cannot provide investors with sufficient protection against them. It follows from the SEC statement released...

This year, the Turkish lira fell by more than 40% against the US dollar. Against this background, the interest in buying Bitcoin has greatly increased. The Turkish lira fell to a historic low against the US dollar in light of concerns over President Erdogan's economic policy, deterioration of his relations with US President Donald Trump and his government's assumed inability to pay off its debt...

The National Bank of Turkey announced measures to combat the currency crisis in the country. The measures are extremely situational: yesterday, the Turkish lira only slowed down to the dollar, reaching the level of 7.24 TL/$. The prospect of a credit crisis and a hard landing of the Turkish economy in 2019 becomes real. The reason for the currency’s collapse was the US sanctions against Heads of...