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The Fed Treats Investors Like ‘Foolish Children’ By Propping Up Stocks Despite ‘Dreadful Fundamentals,’ #GotBitcoin?

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‘Investors are being infantilized by the relentless Federal Reserve activity.  The Fed Treats Investors Like ‘Foolish Children’ By Propping Up Stocks Despite ‘Dreadful Fundamentals,’ #GotBitcoin? It’s as if the Fed considers them foolish children, unable to rationally set the prices of securities so it must intervene. When the market has…

These Businesses Were Denied PPP Loans Through Their Banks So They Went To Fin-Tech Firms

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When Their PPP Loans Didn’t Come Through, These Businesses Broke Up With Their Banks. These Businesses Were Denied PPP Loans Through Their Banks So They Went To Fin-Tech Firms Some owners are moving their money permanently to smaller banks that were able to deliver their PPP funds. In Pavia Rosati’s…

US Printed More Money In One Month Than In Two Centuries (#GotBitcoin?)

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The Federal Reserve’s money printer has cranked up to ridiculous levels — but will it really lead to inflation? US Printed More Money In One Month Than In Two Centuries (#GotBitcoin?) In a letter to investors released on July 29, Pantera Capital CEO Dan Morehead noted that the United States…

Don’t Let The Stock Market Rally Mask Reality (#GotBitcoin?)

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Maybe investors are suddenly showing foresight like never before, and are looking past the pandemic to an eventual recovery. But probably not. Don’t Let The Stock Market Rally Mask Reality (#GotBitcoin?) After falling over 30% from late February to late March, the S&P 500 has fought its way back to…

Bloomberg: Americans Trade Depreciating Dollars For Bitcoin

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Low-yielding dollar savings accounts aren’t cutting it for Americans anymore. Bloomberg: Americans Trade Depreciating Dollars For Bitcoin A Bloomberg article claims that Americans are foregoing the safety of the dollar for more speculative assets like stocks, gold, and Bitcoin (BTC). High Saving Rates, Low Yields Because of the COVID-19 lockdown,…

$1.2B Bitcoin Futures And Options Contracts Just Expired — What’s Next?

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$1.2 billion in Bitcoin futures and options expired today, what does this mean for BTC price? $1.2B Bitcoin Futures And Options Contracts Just Expired — What’s Next? A total of 106,000 Bitcoin (BTC) futures contracts and options expired today, and this has investors curious about how BTC price may respond,…

Joe Rogan Tells 200M Listeners To Buy Bitcoin

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Cash App is paying Joe Rogan big bucks to talk up Bitcoin according to his scripted spiel on his most recent podcast. Joe Rogan Tells 200M Listeners To Buy Bitcoin Podcaster Joe Rogan used the first few minutes of a recent episode to read out an advertisement for his sponsor…

Trump To Pull Winning Lotto Ticket Out Of His Arse Before Congress Changes Election Date

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GOP Leaders Rebuff Trump’s Suggestion of Delaying Election. Trump To Pull Winning Lotto Ticket Out Of His Arse Before Congress Changes Election Date The president in a tweet questioned whether the date should be pushed back until a time when ‘people can properly, securely and safely vote’ President Trump floated…

US Economy Contracted At Record 32.9%; Jobless Claims Rise 1.43 Million (#GotBitcoin?)

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The Commerce Department’s initial estimate of U.S. gross domestic product in the second quarter is the steepest drop in records dating to 1947. US Economy Contracted At Record 32.9%; Jobless Claims Rise 1.43 Million (#GotBitcoin?) The U.S. economy contracted at a record rate last quarter and weekly jobless claims rose…

Fed Maintains Stimulus Commitment As Economic Outlook Dims (#GotBitcoin?)

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Jerome Powell reiterates pledge to support eventual recovery, says vigilance in combating coronavirus is key. Fed Maintains Stimulus Commitment As Economic Outlook Dims (#GotBitcoin?) Federal Reserve Chairman Jerome Powell said on Wednesday the U.S. economy faces a long road to recovery that will require greater public vigilance to prevent the…

Facebook Offers Money To Reel In TikTok Creators

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Instagram makes lucrative offers to popular TikTok users to join its new competing service, raising stakes in social-media rivalry. Facebook Offers Money To Reel In TikTok Creators [caption id="attachment_19604" align="aligncenter" width="600"] Reels Is An Instagram Feature That, Like TikTok, Allows Users To Share Short-Form Video[/caption] Facebook Inc.’s Instagram has offered…

In Push For Better Cybersecurity, U.S. Energy Department Outlines A National Quantum Internet

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The network, which uses quantum principles to more securely transmit data, could be functional in about a decade. In Push For Better Cybersecurity, U.S. Energy Department Outlines A National Quantum Internet [caption id="attachment_19598" align="aligncenter" width="588"] David Awschalom, Left, A Physicist At The University Of Chicago And The Energy Department's Argonne…