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Bitcoin Can Function As A Gold Insurance Policy: Leading Crypto Asset Makes Its Store Of Value Case
Bitcoin Gold Ten years ago, the world experienced an unprecedented quantitative easing while also suffering from unmanageable debt levels. The crisis came to a head in 2017 as the federal reserve sought to reduce its $4. дальше »
2019-4-3 01:48 | |
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Analyst: World ‘Preparing’ for the Worst – Is the Dow Rally Doomed?
Following a weak opening, the Dow Jones slipped by 0. 33 percent to 26,172 on Tuesday, maintaining the 26,000-point level but disappointing investors after a strong week of gains. Despite the optimism of investors surrounding the Federal Reserve’s reluctance towards increasing its benchmark interest rate, strategists are not convinced that the Dow is ready for a full-fledged rally. дальше »
2019-4-2 19:47 | |
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It Is Hard To Ignore Ripple When The White House, World Bank, Federal Reserve, IMF And Central Banks Are Involved
Ripple is involved with some big names including the White House, the Federal Reserve, the IMF, World Bank, and so many others, making it very hard to ignore the progress made by the crypto-related entity. дальше »
2019-4-2 12:30 | |
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Not April Fools: Why the US Dollar Will ‘Print’ Bitcoin to $100 Trillion
Sky’s the limit for Bitcoin, whose market capitalization could reach $100 trillion when looking at the historic trends of the US dollar and the world’s most popular cryptocurrency side by side. Dollar’s Inflation is a Feature April Fools Day aside, the only predictable thing about the US Dollar is that its purchasing power will continue to drop. дальше »
2019-4-2 03:00 | |
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US SEC is hiring a cryptocurrency specialist to help with regulations
If its latest job posting is anything to go by, the US Securities and Exchange Commission‘s (SEC) could be stepping up its involvement in the cryptocurrency world. The SEC is looking for an “Attorney Adviser” to operate as a “Crypto Specialist,” according to a job listing posted on federal employment website USAJobs. дальше »
2019-4-1 15:56 | |
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Ripple Inc Partners with A $19 Billion Bank With 8 Million Customers
Ripple Inc now has a partnership with Federal Bank, a 70-year old Indian bank with $19 billion in asset and 8 million customers. There are no details as to whether the bank will leverage xRapid or xCurrent in their grand plans of increasing their remittance market share in India. дальше »
2019-3-29 15:10 | |
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Innisfil Becomes First City in Canada to Accept Bitcoin for Municipal Taxes
Ohio might have made history as the first city to accept cryptocurrency for corporate taxes, but one Canadian town is adding its name to the books by becoming the first in North America to permit its citizens to pay their personal taxes in bitcoin. дальше »
2019-3-28 19:04 | |
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Despite Trump Jabs, Fed Rate Hikes May Be the Dow’s Saving Grace
Complaining about the Federal Reserve’s approach to monetary policy has been one of President Donald Trump’s favorite activities. However, as talk of recession picks up after a temporary inversion of the yield curve, Jerome Powell’s hawkish approach will be a tremendous asset to the U. дальше »
2019-3-26 02:57 | |
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From Fraud to Fintech: QuadrigaCX Twists Continue as it Emerges Co-Founder Is Convicted Fraudster
Michael Patryn, the co-founder of the controversial QuadrigaCX, has already been convicted and spent 18 months in a U. S. Federal prison for identity theft linked to credit card and bank fraud. He “underwent a remarkable transformation,” and changed his identity before entering the world of cryptocurrency. дальше »
2019-3-21 16:00 | |
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Elon Musk: SEC Chaos Might Allow Tesla CEO to Work on Less ‘Boring Projects
If Elon Musk was busy last week, he’s swamped this week. The workaholic Tesla boss has his hands full at the best of times overseeing one of the world’s most valuable car companies (Tesla), a ground-breaking private space exploration enterprise (Space X) and his lesser-known but equally interesting public-transit company (The Boring Company). дальше »
2019-3-14 04:55 | |
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Crypto Scam Alert: Bitcointopia Land Fraud Revealed, Entrepreneur Pleads Guilty
Crypto entrepreneur, Morgan Rockcoons supposedly shared a business proposal in which crypto fanatics around the world can come together to create a crypto land dubbed, “Bitcointopia” in Nevada. This endeavor has supposedly become a court case, to which Rockcoons pleaded guilty in San Diego Federal Court on Thursday, March 7, 2019 reports The San Diego […] дальше »
2019-3-9 21:29 | |
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FBI Nabs OneCoin Ringleader at LAX as Massive Crypto Scam Unravels
On March 6th, the US Federal Bureau of Investigation (FBI) arrested OneCoin ringleader Konstantin Ignatov at Los Angeles International Airport (LAX). The government alleges that he was one of several masterminds behind the multi-billion dollar crypto pyramid scheme. дальше »
2019-3-9 04:30 | |
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AOC’s ‘Grotesque’ Economic Plan is Just a Ripoff from Obama
Earlier this week, former Barack Obama adviser Larry Summers called Alexandria Ocasio-Cortez’s spending proposals “dangerous. ” Obama Adviser Summers: Ocasio-Cortez Plan ‘Dangerous’ for US Economy Summers, who was once the chief economist at the World Bank, told CNBC that advocating to run up the national debt – as Ocasio-Cortez and Bernie Sanders have – and let the Federal Reserve endlessly monetize the debt by “printing” more money to acquire Treasury securities is not a “realistic calculus. дальше »
2019-3-8 22:57 | |
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Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto
There are many keywords in blockchain, but few spark as much emotion as “decentralization. ” For many of us, it was the dream of decentralization that inspired us to embark into the industry in the first place — the driving force encouraging us to explore the many industries and practice areas that could be positively impacted by this technology. дальше »
2019-3-1 19:43 | |
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Shocking ‘Near Zero Growth’: Hong Kong is Another Loser in the US-China Trade War
Eric Lam reports for Bloomberg: “The trade war between the U. S. and China and slowing retail sales dragged Hong Kong’s economic growth down at the end of last year, with exports showing almost ‘zero growth. дальше »
2019-2-18 13:19 | |
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Don’t Listen To Crypto Critics, Bitcoin “Really Is Money”
Since Bitcoin (BTC) came into being, incumbents of the legacy world, such as Jamie Dimon or Janet Yellen, have bashed the cryptocurrency en-masse. Dimon, the chief executive of JP Morgan (ironic, I know), remarked that Bitcoin is a “fraud” and of no inherent value, while former Federal Reserve chair Yellen quipped that the asset is […] The post Don’t Listen To Crypto Critics, Bitcoin “Really Is Money” appeared first on Ethereum World News. дальше »
2019-2-16 03:36 | |
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Russia Leads Central Banks’ Record Hoarding on Physical Gold, Expert Explains When the Switch to Bitcoin
The amount of gold bought by central banks in 2018 has reached the second highest annual total. Since 1967, this is the most amount of gold volume bought by central banks. According to the World Gold Council estimate central banks now hold about 34,000 tons of gold. дальше »
2019-2-11 01:05 | |
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Cboe Files (Again) for (Yet Another) Bitcoin ETF
That didn’t take long. Barely a week after the Chicago Board of Exchange (Cboe) withdrew its application with the U. S. Securities and Exchange Commission (SEC) to list the world’s first bitcoin exchange traded fund (ETF), the exchange and its partners, VanEck and SolidX, are back at it. дальше »
2019-2-1 19:18 | |
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Crypto-Friendly Lawyer: U.S. Government Shutdown Curbing Bitcoin ETF Prospects
U. S. Government Shutdown & Crypto Twenty-eight days ago, the entirety of the U. S. government partially shut down. Negotiations between the Democrats and Republican incumbents have yet to procure results, and hundreds of thousands, if not millions of federal workers have had to provide governmental services without pay. дальше »
2019-1-20 00:12 | |
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US Federal Reserve Branch of St. Louis Says Altcoin Market is Slowing Bitcoin’s Price Increase
According to the St. Louis Fed, altcoins are harming Bitcoin’s price and its market dominance. In a recent report released by David Andolfatto and Andrew Spewak, they mention that altcoins could harm Bitcoin’s future growth. дальше »
2019-1-13 22:31 | |
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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele
Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses. дальше »
2019-1-11 21:17 | |
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NANO and Its Core Members Served With Another Lawsuit Due to the BitGrail Hack
News reaching Ethereum World News indicate that the Nano (NANO) Cryptocurrency project and its core members have been served with another lawsuit linked to the BitGrail Hack that happened in early February 2018. дальше »
2019-1-8 20:25 | |
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Australian BitConnect boss hit with asset freeze and travel ban
Australian authorities have frozen the assets of BitConnect promoter John Bigatton, as international investigations into the world’s biggest cryptocurrency Ponzi scheme continue. As per request by the Australian Securities and Investments Commission (ASIC), the federal court also issued Bigatton with a travel ban, reports the Sydney Morning Herald. дальше »
2019-1-8 14:24 | |
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Blockchain Shouldn’t Be an Enemy to the U.S. Federal Reserve
Despite most central banks being reluctant to turn to blockchain technology, major institutions such as the U. S. Federal Reserve should figure out the implications of such distributed ledger technologies and how to adapt to them, economist Eswar Prasad argued in a Financial Times article on January 1, 2019. дальше »
2019-1-4 04:00 | |
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How Bitcoin (BTC) and Crypto Stands to Benefit from the Fed Rate Increase
A few hours ago, the United States Federal Reserve increased its interest rate by a quarter of a point from 2. 25% to 2. 5%. Such an increase might seem small, but the move is the fourth increase this year and the ninth since it started normalizing lending rates in 2015. дальше »
2018-12-20 19:52 | |
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Federal Reserve Praises Bitcoin and Blockchain Assets’ Legit Privacy Protection Attributes
Central banks and financial institutions across the world ended up having to choose a stance towards crypto, and most of them decided to approach this technology with skepticism. However, as time goes by, this stance might change, and some signs of this change may already be visible. Earlier in 2018, the Saint Louis Federal Reserve […] дальше »
2018-12-15 03:17 | |
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Switzerland Unveils Legal Blockchain Framework In Crypto Valley Association Partnership
Switzerland Unveils Legal Framework For Blockchain Technology In Partnership With Crypto Valley Association Switzerland has once again shown itself to be one of the world’s leading authorities on blockchain technology. дальше »
2018-12-15 23:50 | |
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Op Ed: Bitcoin Is a Declaration of Our Monetary Independence
Nick Spanos is an early adopter and innovator in the blockchain space. He is best known for launching Bitcoin Center NYC, the world’s first live cryptocurrency exchange, in 2013, right next to the New York Stock Exchange — as immortalized in the Netflix documentary “Banking on Bitcoin. дальше »
2018-12-15 21:43 | |
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Op Ed: From Gray To Black and White: Traditional Regulations Come to Crypto
For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront. дальше »
2018-12-3 19:20 | |
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AriseBank CEO Charged in $4 Million Alleged ICO Scam
Jared Rice Sr. , CEO of the Dallas-based bank AriseBank, was arrested by the Federal Bureau of Investigation (FBI) on Wednesday, November 28, 2018, and charged with six counts of securities fraud and wire fraud. дальше »
2018-11-30 23:03 | |
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“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?
Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world. дальше »
2018-11-17 01:42 | |
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Trump’s attorney general once endorsed a ‘time travel’ cryptocurrency
Some very strange details have surfaced regarding Donald Trump’s newly appointed acting attorney general, Matthew Whitaker, and his involvement with a cryptocurrency for time travel. For years, Whitaker sat on the advisory board of World Patent Marketing, a marketing firm that has since been shut down by order of a federal judge, reports Mother Jones (via Cointelegraph). дальше »
2018-11-15 17:55 | |
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OKCoin Adds the Argentine Peso as It Eyes Expansion Into Latin America
Despite a prolonged cryptocurrency bear market and regulatory uncertainties, OKCoin, one of the largest cryptocurrency exchanges in the world, is expanding to Latin America launching a new exchange platform headquartered in Buenos Aires, Argentina. дальше »
2018-11-15 17:45 | |
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Ripple Takes Investors’ Class Action Case Against XRP To Federal Court, Lawyers Expect A Walk In The Park
Over the last few months, XRP has been in the news for good reasons, especially given Ripple’s recent accomplishments. Ripple has managed to launch various revolutionary financial solutions and woo a good number of banks to the RippleNet. дальше »
2018-11-13 02:28 | |
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Brazil: Cryptocurrency Wins! Court Orders Banks to Reopen Exchanges’ Accounts
In two separate lawsuits, Federal Courts in Brazil have ordered Banco do Brasil and Banco Santander to reopen the bank accounts of Bitcoin Max cryptocurrency exchange. The banks had initially closed down the accounts of the exchange in September. дальше »
2018-11-1 18:24 | |
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Meet the World’s Newest Crypto Owner: Ex Federal Reserve Chair Janet Yellen Gifted Bitcoin
Known for her critical stance on cryptocurrencies, former Federal Reserve Chairperson Janet Yellen was gifted Bitcoin by Raz Suprovici, founder of bitcoin gifting service, Biterica. Crypto Critic, Blockchain Supporter Ms. дальше »
2018-11-1 01:50 | |
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Former U.S. Fed Chair Calls Bitcoin “Anything But Useful,” Rehashes Tired FUD
Bitcoin (BTC), Cryptocurrency–In a refrain that is growing more tired by the day, former U. S. Federal Reserve Chair Janet Yellen has joined the laundry list of economists feeling the need to weigh in on the state of Bitcoin and the industry of cryptocurrency. дальше »
2018-10-31 22:39 | |
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Federal Authorities in Delaware Help British Police Take Down Notorious Crypto Cybercriminal
Delaware Online reports that in-state federal authorities have aided the British police in taking down a notorious crypto cybercriminal. The hacker is a British citizen named Grant West, who is said to have illicitly acquired millions of dollars worth of Bitcoin stored in accounts across the world. дальше »
2018-10-29 17:03 | |
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US-Based Bitcoin Hedge Fund To Cough Up $2.5 Million For Running A Ponzi Scheme
A Federal Court in New York has passed a serious verdict that’s about to make fraudsters in the crypto world lose sleep for now on. A CEO of a hedge fund, together with the hedge fund entity itself, is to pay upwards of $2. дальше »
2018-10-20 03:14 | |
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SEC Sets Up Open Line of Communication for Fintech Projects With FinHub
The U. S. Securities and Exchange Commission (SEC) has launched a new office to engage with cryptocurrency and blockchain startups. Called the Strategic Hub for Innovation and Financial Technology (FinHub), the division will make it easier for fintech startups to interact with the regulator on related issues and the legal implications of products before they launch them. дальше »
2018-10-19 01:51 | |
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Canadian Blockchain Company Sees Opportunity in Newly Legalized Cannabis
Like Walmart with pork from China and Maersk with shipping containers, DMG Blockchain Solutions (DMG) is hoping to be the first global supply chain company to manage cannabis products on the blockchain, initially in Canada — and then around the world. дальше »
2018-10-18 19:50 | |
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There’s A Giant White Sewer Rat In Wall Street And It’s Preaching Bitcoin
There’s a really interesting piece of art down in Wall Street that has captured the people’s attention for some time now. It’s a rat, and a really huge one for that matter. Nelson Saiers And The Rat This new phenomenon sits across the street right opposite the Federal Reserve building. дальше »
2018-10-17 02:52 | |
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Blockvest ICO Being Sued By SEC
Blockvest is being sued the Securities and Exchange Commission for making false claims that the regulator’s approval for its planned ICO. The regulator is looking for an injunction against the defendant in return for all the financial gains of its ICO activities. дальше »
2018-10-15 18:00 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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xRapid Could Save Blockchain – Not A Long-Term Solution
Ripple has been making headlines for the past few weeks and is still making a push for the number two spot on the top 100 cryptocurrencies according to CoinMarketCap. In the last month, it took over for a short time but slunk back into the third spot on the chart. дальше »
2018-10-10 23:00 | |
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