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Crypto Exchange Launches ‘Shitcoin Futures Index,’ Offering New Way To Short Alts (#GotBitcoin?)

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Crypto derivatives platform FTX has perhaps the most speculative and oddly-named futures index fund on the market: SHIT-PERP, or the Shitcoin Index Perpetual Futures. Crypto Exchange Launches ‘Shitcoin Futures Index,’ Offering New Way to Short Alts (#GotBitcoin?) An index of 58 low market cap coins, SHIT-PERP includes projects like Waves,…

Developing Bitcoin’s Software Just Got A Bit More Trustless (#GotBitcoin?)

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Like it or not, there’s a bit of trust involved in the process of setting up, or “compiling,” the software at the heart of bitcoin – but a recent code change could help. Developing Bitcoin’s Software Just Got A Bit More Trustless (#GotBitcoin?) Featuring container software Guix, code was recently…

Scarcity Is About To Kick In 85% of Total Supply Mined Leaving Only 3.15Mil. (#GotBitcoin?)

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Bitcoin (BTC) now has 85% of its supply in circulation as of August 1, leaving just 3.15 million new coins for the next 120 years.  Scarcity Is About To Kick In 85% of Total Supply Mined Leaving Only 3.15Mil. (#GotBitcoin?) Bitcoin Has A Total Fixed Supply Of 21 Million Units…

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…