Cryptocurrency Market Reactions to Regulatory News
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News Date: May 14, 2020The U.S. Federal Reserve reveals that the cryptocurrency XRP didn't show great reaction or movements in price to regulatory news in the past.
Bitcoin, Litecoin, Bitcoin Cash and Ethereum showed a bigger reaction in terms of price-performance to regulatory news.
Source:dallasfed.org
United States and China are seeking debt relief measures
The United States and China are in frequent discussions to prevent emerging market sovereign defaults.Talks include preemptive measures such as extending loan periods to ease the annual debt service burden of over US$400 billion for poor countries.
Ideas also involve increased financing from the World Bank and others to address high borrowing rates.
The aim is to implement these measures before countries default and enter formal restructuring talks with creditors.
The Treasury Department: "we talk frequently with China about sovereign debt concerns.
And we talk to many countries about how to make sure the international financial architecture is meeting low-income country financing needs".
WH Petition to Release SWISSINDO, NESARA, GESARA Gold
White House Petition: I Demand my $6m gold Payments, 1-11, for each of 7.6 billion people, under SWISSINDO, NESARA, GESARA International LawsCreated by N.C. on October 07, 2020
United States is violating all International laws, by trading illegally, outside Gold Mandate Laws of SWISSINDO, NESARA + GESARA, thereby causing Destruction, Impoverishment and Enslavement of Humanity, under US Corporate Dictatorships globally.
Sources:petitions.whitehouse.gov
Gold's Central Bank Buying and Possible Revaluation
Jim Grant is writing about Gold again: The press infatuation with pronouncing Gold dead, Central Bank purchases and history, Gold's performance in 2022 as inflation hedge (not so good), the potential for European Central Bank revaluations.Also, The Governor of the Dutch central bank stated the gold revaluation account ensures the solvency of his central bank in an interview on television about prospective losses.
Sources: vblgoldfix, gesara.news
Ripple partner Nium takes on SWIFT
The new solution, which leverages Ripple's blockchain network Ripplenet, claims to lower settlement costs for Financial Institutions by up to 90% for international brokerage account transactions when compared to transactions settled via the SWIFT International Payments Network.XRP powers NIUM's alternative to swift.
Nium has pointed to three major benefits of its global payments network and new brokerage solution: cost savings of up to 90%, improved customer satisfaction, and increased demand for new partnerships.
Source: financefeeds.com
What is Quantum Internet
Traditional computer data is coded in either zeros or ones. Quantum information is superimposed in both zeros and ones simultaneously.The quantum internet is a network that will let quantum devices exchange some information within an environment that harnesses the odd laws of quantum mechanics.
In theory, this would lend the quantum internet unprecedented capabilities that are impossible to carry out with current web applications.
Sources: trevorwinchell.com