Investors became Bitcoin buyers

Large Investors Become Major Buyers Of Bitcoin The world has woken up to the fact that the Central Banks are a curse, rather than a boom to the global economies, and their time left is slowly coming to an end because of new technologies and currencies I talked about last week. People are starting to park their money in digital currencies, like Bitcoin, rather than parking them in fiat currencies. This is primarily due to the Negative Interest Rate Policy as well as Zero Interest Rate Policy of the Central Banks, which…

Asian Stocks Buoyed by China Stimulus

Asian Stocks Buoyed by China Stimulus as Crude Climbs Above $34 Asian stocks rallied, emerging-market currencies strengthened and crude oil climbed to an eight-week high as monetary stimulus in China brightened prospects for the world’s second-largest economy. European equity futures declined. Benchmark share indexes advanced across most of Asia after the People’s Bank of China cut lenders’ reserve requirements, freeing up funds to help spur lending in the nation. The yuan gained for the first time in eight days and higher oil prices buoyed Malaysia’s ringgit. Copper retreated after a…