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Bitcoin Price Set for Breathtaking Moonshot on the Back of Rising U.S. Debt, Says ShapeShift CEO Erik Voorhees
Erik Voorhees believes the price of Bitcoin will increase on the back of skyrocketing U. S. debt. The Chief Executive Officer of ShapeShift – a Swiss-based cryptocurrency exchange platform, believes that with rising debt profile, investors will have no choice but to invest in virtual currencies leading to the inevitable rise in the price of Bitcoin. дальше »
2018-11-12 18:23 | |
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Bitcoin Mining May Trigger the End of Paraguay’s Economic and Debt Crisis
Paraguay’s hydroelectric powered-towns, long associated as dugouts for drug cartels, smuggling, and ammunition rackets, are now home to miners connected in a sophisticated network circuitry to mine cryptocurrencies for their owners. дальше »
2018-11-12 16:00 | |
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Глава ShapeShift: увеличение госдолга США приведет к развитию криптовалютной отрасли
Рост государственного долга США, который приближается к отметке $21,7 трлн, может стать толчком для развития криптовалютной индустрии, утверждает генеральный директор компании ShapeShift Эрик Вурхис. дальше »
2018-11-12 12:50 | |
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Phantasma Chain (SOUL) will implement a stable coin for its ecosystem
Phantasma Chain (SOUL) is a blockchain for next generation content distribution. On November 11, the Phantasma team announced they would implement a stable coin in Phantasma Chain. This coin will be tied to SOUL through a collateralized debt position (CDP), better referred to as a smart contract. “Smart contracts are a great solution to implement […] дальше »
2018-11-12 11:49 | |
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ShapeShift CEO Expects Next Bitcoin Boom to be Result of Growing $21 Trillion US Debt Crisis
Erik Voorhees, the current CEO of ShapeShift, recently posted to Twitter about the unfortunate debt that the US continues to grow right now. Presently, it has already reached $21. 7 trillion, which is terrible news for the US economy. дальше »
2018-11-11 20:57 | |
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What Will a Financial Crisis Mean For The Cryptocurrency Market?
The founder and leader of the world’s biggest asset management firm thinks a global financial crisis is on the horizon. Larry Fink and BlackRock manage over 6 trillion dollars in assets and he thinks the rising US debt along a combination of climbing interest rates and inflation could spell disaster in the near future. дальше »
2018-11-11 00:30 | |
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive
As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. дальше »
2018-11-1 23:35 | |
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A Week of Satoshi Pt.1: The Cultural and Economic Birthplace of Bitcoin
Modern man and woman are fundamentally tied to the standards, barriers, and incentives set out by most economic models. Paying a mortgage, student debt, and income taxes all contribute to the humanness of contemporary times. дальше »
2018-10-30 21:00 | |
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Company Uses Junk Bonds to Convert Aluminum Smelter into a Giant Mining Operation
Coinmint LLC is turning to junk lending in order to fund a massive new mining operation. The project will repurpose a now-closed industrial site. Coinmint LLC is in the midst of a project to transform an aluminum smelter into a massive crypto mining operation by turning to the debt market. дальше »
2018-10-29 16:00 | |
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Bitfury Could Be The Next Bitcoin Mining Company to IPO: Report
Bitfury, one of the largest non-Chinese cryptocurrency mining companies, is reportedly eyeing an Initial Public Offering (IPO) to become the very first major public listing within the cryptocurrency industry on the old continent. дальше »
2018-10-26 15:00 | |
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An in Debt Look at Bitcoin Lending
As the world of bitcoin lending continues to expand, it's in your best interests to understand the different types of platforms that exist. Here they are. The post An in Debt Look at Bitcoin Lending appeared first on CoinCentral. дальше »
2018-10-25 17:37 | |
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What Happens to Crypto If the US Dollar Collapses?
German-Finnish Internet entrepreneur Kim Dotcom recently tweeted that he, along with many economists, predict that the US dollar will eventually collapse under the heavy national debt burden. дальше »
2018-10-25 21:52 | |
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Cryptocurrency Mining Provider GigaWatt Faces Millions of Dollars in Debt
GigaWatt, one of Central Washington’s largest companies in the cryptocurrency sector is, unfortunately, facing millions of dollars in debt as cryptocurrency prices fall. According to the Oregonian Times, Giga-Watt’s once upward trajectory is facing a sharp decline as the company explores every legitimate stream of revenue to remain in business. дальше »
2018-10-23 19:00 | |
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Central Washington’s Bitcoin Pioneer Giga Watt Loses Its Spark
Giga Watt, the golden child of Washington’s Bitcoin boom, is going through the most troublesome time since its existence. While investors remain dissatisfied and angry, the venture itself is struggling with massive debt. дальше »
2018-10-22 20:44 | |
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BlockFi Now Offers Litecoin and Gemini Stablecoin-Backed Loan Options
Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether. дальше »
2018-10-16 16:07 | |
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Maker (MKR) Price Up over 25% – Biggest Gainer Today
If you haven’t heard of Maker, it is a token that is part of a stablecoin system composed of both MKR and DAI. Unlike Tether and other stablecoins, Maker does not rely on banks to provide stability, but instead relies on Collateral Debt Positions (CDPs). дальше »
2018-10-9 03:13 | |
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$50,000 Bitcoin ATM Scam Surfaces in Australia
In Melbourne’s West, scammers posing as debt collectors conned victims to deposit over $50,000 into a Bitcoin ATM. According to The Sydney Morning Herald’s article published on October 5, 2018, the four victims who were believed to be migrants, were threatened with an arrest if they failed to pay the total amount. дальше »
2018-10-7 10:00 | |
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Fraudsters Steal $50,000 in BTC from Melbourne Bitcoin ATM
Fraudsters posing as debt collectors convinced four victims to deposit over $50,000 into a Bitcoin ATM in Australia’s southern county of Victoria, reported Sydney Morning Herald on Oct.5. Police authorities stated that all victims were migrants and were bullied into paying up a hefty amount into the ATM, with the attackers warning of severe legal […] The post Fraudsters Steal $50,000 in BTC from Melbourne Bitcoin ATM appeared first on CryptoSlate. дальше »
2018-10-6 16:00 | |
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$50,000 Lost to Bitcoin ATM Scam in Australia
Scammers conned $50,000 out of regular Australians using a blatantly obvious fake tax debt fraud. Multiple victims have been lured into paying off non-existent debt through Bitcoin ATMs. A Time-Tested Scam Scammers have managed to con upwards of $50,000 from Australian citizens, luring them in to pay off a non-existent debt in a classic fraud. дальше »
2018-10-6 08:00 | |
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Irresponsible Borrowing Leaves Africa on Brink of Debt Crisis – Again
Irresponsible government borrowing has caused debt in many African countries to reach crisis level. Over the past 10 years, more than $80 billion in bonds have been issued to thirsty European investors by governments in Africa south of the Sahara, with public debt now making up about half of GDP. дальше »
2018-10-6 06:15 | |
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Thieves use Bitcoin ATMs to scam Australian immigrants out of $50,000
Being in a new country can be confusing and scary at times. Australian crooks are taking advantage of this and are using Bitcoin ATMs to scam newly-arrived migrants out of their life savings. It seems the crooks managed to scam more than $35,000 USD ($50,000 AUD) out of four Australian immigrants by telling them they needed to pay a tax debt. дальше »
2018-10-5 15:11 | |
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply. дальше »
2018-10-3 19:05 | |
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Cryptocurrency Trading Volume to Grow 50% in 2019, New Study Says
A new study on cryptocurrency trading and custody trends holds that digital currency trading is going to grow by 50 percent in 2019 while overtaking the US Corporate Debt trading volume in 2018. Measurable Growth A study called Crypto Asset Market Coverage Initiation: Trading & Custody reveals that cryptocurrency trading volume is about to grow further. дальше »
2018-9-24 17:00 | |
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World Bank Launches Its First Global Blockchain Bond Called Bond-i
The World Bank launched late August a fully blockchain-operated debt instrument called bond-i. According to an official press release, bond-i is the first bond to be fully launched operated, allocated and managed using blockchain technology. дальше »
2018-9-11 17:29 | |
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U.S. SEC Suspends Trading for Two Swedish-Based Crypto ETNs
Two securities, one that tracks bitcoin and another that tracks the cryptocurrency ether, have been temporarily halted by a U. S. regulatory watchdog due to investor confusion. дальше »
2018-9-11 22:01 | |
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Naples Mayor Believes Issuing Own Municipal Crypto Is Key to Financial Autonomy
Naples could be joining a short but still growing list of places that view cryptocurrency as a possible solution to its financial woes. That is if outspoken City Mayor Luigi de Magistris gets his way as he believes that issuing their own municipal cryptocurrency is the way to regain autonomy, break free from unfair debt […] Naples Mayor Believes Issuing Own Municipal Crypto Is Key to Financial Autonomy was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-9-7 18:59 | |
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Wonga: a premature but overdue eulogy
Wonga, the company once dubbed by UK lawmakers as a “legal loan shark” is in dire straits, and is almost certain to enter administration. In preparation for this delightful and long overdue event, we went ahead and wrote it a eulogy: Wonga, fintech loan shark, is dead at 12. дальше »
2018-8-28 15:08 | |
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Cryptocurrency Boom Leaves new Investors with Six-Figure Debt
With the total market capitalization of cryptocurrencies reaching beyond $800 billion at the start of 2018, it’s no wonder that thousands of people have thrown almost their entire life savings into bitcoin and other cryptocurrencies. дальше »
2018-8-21 22:00 | |
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Equibit opens new office in Switzerland’s “Crypto Valley”
Equibit, a company applying blockchain technology to establish peer-to-peer equity and debt marketplaces, announced its new office opening in Zug, Switzerland, also known as “Crypto Valley. ” The Swiss city has an established track record. дальше »
2018-8-21 08:04 | |
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Why Kim Dotcom Believes US Dollar Will Collapse and Crypto Will Take Over
German-Finnish Internet entrepreneur Kim Dotcom recently reaffirmed his negative stance on the US dollar and stated that crypto will eventually compete with reserve currencies. Dotcom commented: “Many economists agree. дальше »
2018-8-20 19:00 | |
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Bank of Montreal Tests Canadian Debt Issuance on Blockchain
Another trial of blockchain technology for fixed income markets has reportedly been carried out by the Bank of Montreal in partnership with the Ontario Teachers’ Pension Plan. According to Bloomberg, the latest trial involved the movement of a Canadian-dollar debt deal over blockchain. дальше »
2018-8-15 22:02 | |
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‘Buy Crypto’: Kim Dotcom Warns Of Looming US Dollar Implosion
Entrepreneur and MegaUpload creator Kim Dotcom has repeated his belief in Bitcoin over fiat currency, telling fans directly to “buy cryptocurrency. ” Dotcom: Crash ‘Is Coming 100 Percent’ In a series of tweets August 12, Dotcom, whose Bitcache project incorporates a Bitcoin wallet, warned over US national debt and the need to avoid the dollar. дальше »
2018-8-15 08:00 | |
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Cryptocurrency Investor Plunged into $160,000 Debt After Securing a Loan to Trade in Virtual Currencies
An Abu Dhabi resident is facing the prospect of having to repay more than $160,000 in bank debt after his cryptocurrency investment went awry. The story is another testament to the significant risks involved in virtual currency trading due to the volatile nature of the market. дальше »
2018-8-15 23:02 | |
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USD Will Turn To Toilet Paper, Invest In Crypto Says Internet Magnate
Debt. That’s what internet superstar Kim Dotcom believes will bring down the US Dollar. With an alleged $1 trillion added to the US government’s deficit each year, he might not be far wrong either. дальше »
2018-8-13 15:00 | |
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Ким Дотком: госдолг США растет на 1 трлн $ в год, скорее покупайте биткойны
Создатель файлообменника Megaupload, разработчик, предприниматель и блокчейн-энтузиаст Ким Дотком призывает всех инвестировать в золото и биткойн, потому что ежегодно госдолг США увеличивается на 1 триллион $. дальше »
2018-8-13 14:44 | |
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World Bank Chooses CBA to Be the First and Sole Arranger of Blockchain Bond
Called bond-i, which stands for Blockchain Offered New Debt Instrument, the bond will become the first one to be managed completely with blockchain technology. The post World Bank Chooses CBA to Be the First and Sole Arranger of Blockchain Bond appeared first on CoinSpeaker. дальше »
2018-8-10 18:06 | |
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Big banks want to issue new blockchain bond on Ethereum, but there’s a catch
Even the goddamn World Bank isn’t immune to blockchain hype: it has mandated that the first ever bond be issued via blockchain. The Commonwealth Bank of Australia (CBA) will be issuing what’s being called “the Kangaroo bond. дальше »
2018-8-10 13:30 | |
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Warren Buffet’s Favorite Stock Market Metric Is Signaling Huge Downside Ahead
Today – Apple became the first public company worth over $1 trillion dollars. . . Q2 hedge fund letters, conference, scoops etc Thanks to very low interest rates – the company’s piling on debt and buying their own shares back – shrinking the float. дальше »
2018-8-4 11:45 | |
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Charts That Matter – Debt productivity Is Decreasing But For China Its A Collapse
1. In an inflationary environment … do NOT expect bonds to act as a hedge to lower equities ( very evident today). As the correlation between prices moves positive modern portfolio theory i.e. long “a diversified pool of assets” will get crushed, especially Risk Parity (Julian Brigden) [REITs] Q2 hedge fund letters, conference, scoops etc […] дальше »
2018-8-2 01:53 | |
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Margin ICO
Margin is a Wanchain-enabled targeted loan platform and one of the first peer-to-peer lending solutions on the blockchain. Margin's pioneering lending model enables it to offer a kind of loan that the traditional banking industry has never offered: a 0% APR loan backed by the MRG treasury to borrowers in verifiable debt-trap situations. дальше »
2018-7-24 22:18 | |
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Bitcoin is ‘Not an Investment … It’s a Trade,’ Says Billionaire Howard Marks
Howard Marks, co-founder and co-chairman of Los Angeles-based distressed debt investor Oaktree Capital Management, slammed Bitcoin for not having any substance — while saying investors are merely speculating on its price without being able to judge its intrinsic value. дальше »
2018-7-21 08:00 | |
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World Debt Explodes: $30 Trillion In 5 Quarters
World Debt Explodes: $30 Trillion In 5 Quarters. Trump’s Trade War has a deeper agenda than the obvious. Central Bankers “Don’t worry, we will just sterilize the credit growth” Doug Noland Q2 performance update call //mwealthm. дальше »
2018-7-20 13:27 | |
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PC Gamer’s Wes Fenlon just changed my life (and improved my K/D ratio)
It’s not often that a story in a gaming publication has such a profound impact on one’s life. Today, though, I found that story. I owe a sincere debt of gratitude to Wes Fenlon, and the publication that employs him, PC Gamer. дальше »
2018-7-19 02:44 | |
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Is A Poor Financial Education To Blame For ‘Generation Debt’?
Poor financial education is a huge cause for concern in the UK, with millennials and those following them being labelled ‘generation debt’. Q2 hedge fund letters, conference, scoops etc While there are support services in place to help people manage their money, a culture of credit lending and lease contracts has left many people in […] дальше »
2018-7-18 05:51 | |
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Global Debt Rises to 300% of Global GDP
The world is deep in debt according to a report by the Institute of International Finance (IIF) released this July. They say: “Global debt rose by over $8 trillion in... The post Global Debt Rises to 300% of Global GDP appeared first on Trustnodes. дальше »
2018-7-13 14:21 | |
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