Institutional investors are being scared off by the protracted crypto bear marker. That’s the assessment of a team of JPMorgan Chase & Co. analysts, including global market strategist Nikolaos Panigirtzoglou.
According to the International Monetary Fund (IMF), the global debt has achieved $184 trillion with $86,000 per person, a figure that is twice larger than the global average income per-capita. Out of the $184 trillion, The Balance reported that $21 trillion comes from the U.S., making up for around 11.
Earnings from New Zealand’s third-biggest export sector, information technology, could be boosted significantly by distributed ledger technology. According to a report released by New Zealand’s innovation agency, Callaghan Innovation, there is ample room for growth in the sector if the country embraces blockchain technology.
Bitcoin Bear Market Is Scaring Off Institutional Investors, Claims JPMorgan
Global Debt Hits $184 Trillion and 11.4% of it is From the…
Blockchain Technology Tipped to Boost New Zealand’s IT Exports: Report