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Economic Downturn Could Cost Five Million U.S. Jobs (#GotBitcoin?)
Economic output seen shrinking by as much as $1.5 trillion with recession all but certain. Economic Downturn Could Cost Five Million U.S. Jobs (#GotBitcoin?) The fallout from the coronavirus outbreak is expected to have a significant negative impact on U.S. economic prospects, with predictions emerging for losses of up to…
Become A Blockchain Expert With These Online Courses (#GotBitcoin?)
It seems like the entire world has been told to stay inside their homes as the coronavirus outbreak continues to wreak havoc. As a result, the world has become almost entirely digital. Become A Blockchain Expert With These Online Courses (#GotBitcoin?) A recent article from NPR showed that visits to…
A Sneaky Attempt To End Encryption Is Worming Its Way Through Congress (#GotBitcoin?)
The EARN IT Act could give law enforcement officials the backdoor they have long wanted — unless tech companies come together to stop it. A Sneaky Attempt To End Encryption Is Worming Its Way Through Congress (#GotBitcoin?) [caption id="attachment_16765" align="aligncenter" width="600"] EARN IT Act co-sponsor Sen. Lindsey Graham, R-S.C., Talks…
Consumers Face A Massive Credit Crunch. Lenders Are Still Figuring Out What To Do (#GotBitcoin?)
Out-of-work customers could miss loan payments and suffer plunging credit scores; lenders and credit-reporting firms are being asked to help. Consumers Face A Massive Credit Crunch. Lenders Are Still Figuring Out What To Do (#GotBitcoin?) U.S. consumers are facing what could become the biggest credit crunch since the Great Depression.…
Blockchain Technology Counters US Anti-Message Encryption Bill, AKA EARN IT Act (#GotBitcoin?)
The Electronic Frontier Foundation (EFF) is attempting to alert the public to a bill that seeks to end the encryption of online messages and prevent it from being enacted by the United States Congress. Blockchain Technology Counters US Anti-Message Encryption Bill, AKA EARN IT Act (#GotBitcoin?) [embed]https://www.youtube.com/watch?v=2nKAvq8S8Nw&feature=youtu.be[/embed] The so-called EARN…
Investors Create Cash Shortage As They Sell Everything From Treasurys To Gold (#GotBitcoin?)
A rush for cash shook the financial system Wednesday, as companies and investors hunkered down for a prolonged economic stall, taking the recent market turmoil into a new, more troubling liquidation phase. Investors Create Cash Shortage As They Sell Everything From Treasurys To Gold (#GotBitcoin?) Investors sold nearly everything they…
Cyber Attack Hits Health And Human Services Department Amid Covid-19 Outbreak
The U.S. Health and Human Services Department suffered a cyber-attack on its computer system. Cyber Attack Hits Health And Human Services Department Amid Covid-19 Outbreak Part of what people familiar with the incident called a campaign of disruption and disinformation that was aimed at undermining the response to the coronavirus pandemic…
Bitcoin, Not Governments Will Save the World After Crisis, Tim Draper Says
Amid some notable recovery of Bitcoin (BTC) after a number of subsequent market crashes last week, billionaire investor Tim Draper delivered another optimistic forecast about Bitcoin. Bitcoin, Not Governments Will Save the World After Crisis, Tim Draper Says In a March 16 interview with 415 Stories podcast, Draper outlined decentralization…
Crypto Analyst Accused of Photoshopping Trade Screenshots (#GotBitcoin?)
A crypto market analyst with more than 63,000 followers has come under fire for allegedly photoshopping numerous screenshots to give the impression that his trades were more successful than they actually were. Crypto Analyst Accused of Photoshopping Trade Screenshots (#GotBitcoin?) A Twitter user going by the alias of “King” posted…
JPMorgan Sees Negative GDP Growth In Addition To Negative Interest Rates (#GotBitcoin?)
An economic slowdown is inevitable in the face of the fast-spreading coronavirus, but the U.S. will eventually avoid a technical recession, JPMorgan economists said. JPMorgan Sees Negative GDP Growth In Addition To Negative Interest Rates (#GotBitcoin?) As the outbreak situation continued to worsen, JPMorgan slashed its forecast for U.S. and…
All $11.5 Trillion Of Stock Market Gains Wiped Out Since Trump 2016 Election Victory (#GotBitcoin?)
Thursday's massive sell-off has erased any remaining stock market gains made since President Trump's 2016 election win. All $11.5 Trillion Of Stock Market Gains Wiped Out Since Trump 2016 Election Victory (#GotBitcoin?) * Thursday's Steep Sell-Off Erased All Remaining Gains Made In The Stock Market Since President Trump's 2016 Election…
QE4 Begins: Fed Cuts Rates, Buys $700B In Bonds; Bitcoin Rallies 7.7%
The Federal Reserve decided it had to act quickly and severely to cut rates on Sunday, slashing the target fed fund rates — the interest depository institutions charge one another overnight for reserves — to between 0.0 and 0.25 percent. QE4 Begins: Fed Cuts Rates, Buys $700B In Bonds; Bitcoin…