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Crypto Exchange Gets Central Bank License In Middle East (#GotBitcoin?)

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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?)

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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?)

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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?)

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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?)

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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?)

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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?)

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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?)

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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?)

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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

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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?)

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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?)

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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,…