DUBROVNIK, Croatia, Oct. 11, 2021 /PRNewswire/ — Cuprum Coin s.l.l.c. announced today the launch of the pre-sale phase of its commodity-backed cryptocurrency, with an underlying asset in the form of ultra-fine copper powder, worth over US$60 Billion. Although the launch was announced for September 15, due to minor delays, Cuprum Coin was successfully launched on October 8th. Cuprum Coin project aims toContinue reading “Cuprum Coin: One of the most valuable cryptocurrencies in the world successfully launched”
Category Archives: Economic news and various financial topics
Would you buy a Cryptocurrency that has a covered value with physical asset of 100%?
The market is floated with various cryptocurrencies without any fundamental value, but what if you would be able to buy crypto which has a totally covered value in the ratio of 1:1. For example, 1 Coin: 1 EUR covered value. To spike this topic and poll a little bit, in Pre ICO and in ICOContinue reading “Would you buy a Cryptocurrency that has a covered value with physical asset of 100%?”
Germans IFO economist Wohlrabe: GDP could fall between 5 and 20% in 2020
If todays German manufacturing index data is not a warning sign of the biggest posiblle recesion in recent history, nothing is in my point of view. IMF business climate index fell to 86.1 which is the lowest level since August 2009. Also, based on the GDP projection from Klaus Wohlrabe, the World could retun inContinue reading “Germans IFO economist Wohlrabe: GDP could fall between 5 and 20% in 2020”
UK Parliament and Brexit; What a Circus
What a circus in UK Parliament lately, especially today. The British Parliament emphatically rejected Theresa May’s Brexit deal by 344 votes to 286 today for a third time, but tooday with 58 votes, which was much narrower than the 230 votes loss from in January, if that difference means anything now. The UK Parliament failed toContinue reading “UK Parliament and Brexit; What a Circus”
4Q 2018 GDP shows U.S. economy is better than thought
The U.S. economy was better than expected at the end of 2018, but it’s probably too soon to give it a clean prediction of health for 2019. That’s the main takeaway from the shutdown-delayed yesterdays report on fourth-quarter GDP, which cooled by less than expected (2.2 percent) to a 2.6 percent annualized gain thanks to surprisinglyContinue reading “4Q 2018 GDP shows U.S. economy is better than thought”
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