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Crypto Exchange Gets Central Bank License In Middle East (#GotBitcoin?)
Bahrain-based cryptocurrency exchange Rain has become the Middle East’s first exchange to receive a regulatory license. Crypto Exchange Gets Central Bank License In Middle East (#GotBitcoin?) In a blog post from July 31, Rain confirmed it had received a Crypto-Asset Module (CRA) license from the Central Bank of Bahrain. The…
Fed Lowers Interest-Rate To Stimulate Sluggish Economy (#GotBitcoin?)
Global growth, trade uncertainty and low inflation forced turnabout after four rate increases last year. Fed Lowers Interest-Rate To Stimulate Sluggish Economy (#GotBitcoin?) The Federal Reserve reduced its benchmark interest rate by one quarter percentage point. That would mark just the fifth time in the past 25 years that the…
1 in 5 Crypto Holders Are Women, New Report Reveals (#GotBitcoin?)
While fresh data confirms that the crypto community continues to be male-dominated, the gender imbalance may be less extreme than previously thought. 1 in 5 Crypto Holders Are Women, New Report Reveals (#GotBitcoin?) A report published by fintech firm Bitpanda and market research company GlobalWebIndex on July 31 examined a…
Beating Bakkt, Ledgerx Is First To Launch ‘Physical’ Bitcoin Futures In Us (#GotBitcoin?)
Bitcoin derivatives provider LedgerX announced it has launched the first physically-settled bitcoin futures contracts in the U.S. Wednesday. Beating Bakkt, Ledgerx Is First To Launch ‘Physical’ Bitcoin Futures In Us (#GotBitcoin?) The Takeaway The contracts, which pay traders out in bitcoin, rather than U.S. dollars, will be available to both…
Facebook Warns Investors That Libra Stablecoin May Never Launch (#GotBitcoin?)
Facebook has warned its investors that its Libra stablecoin may never be released, CNBC reports on July 29. Facebook Warns Investors That Libra Stablecoin May Never Launch (#GotBitcoin?) Engaging with regulator “critical to Libra’s success” Facebook told its investors in its latest quarterly report that — while the firm expects…
Capital One Reports Data Breach Affecting 100 Million Customers, Applicants (#GotBitcoin?)
Alleged hacker, a former employee of Amazon Web Services, arrested by federal agents in Seattle. Capital One Reports Data Breach Affecting 100 Million Customers, Applicants (#GotBitcoin?) Capital One Financial Corp. , the fifth-largest U.S. credit-card issuer, said Monday that a hacker accessed the personal information of approximately 106 million card…
Federal Borrowing Soars As Higher Spending Outpaces Revenue Growth (#GotBitcoin?)
The Treasury expects to sell over $1 trillion in debt this year. Federal Borrowing Soars As Higher Spending Outpaces Revenue Growth (#GotBitcoin?) Borrowing by the federal government is set to top $1 trillion for the second year in a row as higher spending outpaces revenue growth and concern about budget…
Global Manufacturing Recession Weighs On US Economy (#GotBitcoin?)
Companies like Alphabet and Twitter are beating expectations, but investors are pessimistic about the rest of the year. Global Manufacturing Recession Weighs On US Economy (#GotBitcoin?) Corporate profits are proving to be more resilient than expected in the second quarter, nudging the stock market higher this month and distracting from…
Financial Crisis Yields A Generation of Renters (#GotBitcoin)
Many young adults are priced out of the housing market. That could reshape their finances—and the economy—for years to come. Financial Crisis Yields A Generation of Renters (#GotBitcoin) Alex Ruiz, 29 years old, and his wife, Stephanie Johnson, have steady jobs, are setting aside money for retirement and are slowly…
Donald Trump Jr. Likes A Tweet About Anal Bleaching Like Father
Beleaguered Large Adult Son Donald Trump Jr. is testifying before the House Intelligence Committee today, where he will face questions on the notorious Trump Tower meeting with a Kremlin-connected lawyer to get dirt on Hillary Clinton (which amounts to attempted collusion). Oh, and this is the dude who legitimately DMed…
Government Money Printing Is ‘Rocket Fuel’ For Bitcoin (#GotBitcoin?)
Morgan Creek Digital Assets co-founder Anthony Pompliano says the European Central Bank (ECB)’s expected dovish turn will be “rocket fuel” for Bitcoin. Government Money Printing Is ‘Rocket Fuel’ For Bitcoin (#GotBitcoin?) In a tweet posted on July 26, Pompliano commented on a fresh Bloomberg article investigating the ECB’s imminent policy…
Bitcoin-Friendly Square Cash App Stock Price Up 56% In 2019 (#GotBitcoin?)
Cash App, they payments app of San Francisco-based payments company Square, announced a Bitcoin (BTC) giveaway in a tweet published on July 26 as its stock price continues to grow, according to MarketWatch. Bitcoin-Friendly Square Cash App Stock Price Up 56% In 2019 (#GotBitcoin?) Giving Away Bitcoin In its tweets,…