Economic Crisis

An economic recession is a period that is characterized by a slowdown in the level of economic activities. There is a massive fall in both individual and government spending, and the situation can last for more than a few months. According to the macroeconomic view of a recession, it occurs when a negative GDP records for two consecutive quarters. Business cycles contract and there is a general excess in supply of goods, increased unemployment levels as firms scale down expenses,…

People usually compare the cryptocurrency market to the traditional market. Bitcoin is volatile thereby making it a challenge for the investors in equity or other asset class. In spite of the volatility, Bitcoin and cryptocurrencies have been able to attract institutional investors over the previous 12 to 18 months. Nevertheless, the uncertainty that reflects in the traditional market has contributed to the achievement. On May 5, Kevin Kelly of Delphi Digital featured in the recent episode of Block Crunch. He noted that…