Bitcoin And Crypto-Currency
Black Wall Street: America’s Dirty Little Secrets (#GotBitcoin?)
The night's carnage left some 3,000 African Americans dead, and over 600 successful businesses lost. Among these were 21 churches, 21 restaurants, 30 grocery stores and two movie theaters, plus a hospital, a bank, a post office, libraries, schools, law offices, a half dozen private airplanes and even a bus…
BlackRock, State Street Corp. And AllianceBernstein Holding LP Cutting Jobs In Anticipation of Recession (#GotBitcoin?)
BlackRock Inc. is cutting about 500 jobs as the world’s largest money manager looks to simplify parts of its business and focus more on areas such as technology, retirement and alternative investments. BlackRock, State Street Corp. And AllianceBernstein Holding LP Cutting Jobs In Anticipation of Recession Money manager will shed about…
American Express Suspends A Director In Foreign-Exchange Pricing Scam (#GotBitcoin?)
American Express Co. suspended a director in its foreign-exchange department as part of its ongoing investigation into pricing practices in the division, according to people familiar with the matter. American Express Suspends A Director In Foreign-Exchange Pricing Scam Employees were informed that Taylor Simonin was suspended last month. Foreign-exchange employees were…
Computer Models To Investors: Short Everything! (#GotBitcoin?)
[caption id="attachment_7496" align="aligncenter" width="730"] A Computer Terminal In AlphaSimplex Group In Cambridge, Mass., Which Found That Funds Using Trend-Following Strategies Are Betting Against Most Asset Classes.[/caption] Trend-following algorithms turn bearish at swiftest pace since 2008 as machines steer more trades. Computer Models To Investors: Short Everything! Investors have started to…
Yellow Vests Initiate French Bank Run (#GotBitcoin?)
Reports are emerging that the anti-Emmanuel Macron protesters in France, known in English as the Yellow Vests, are planning to stage a bank run this weekend. Yellow Vests Initiate French Bank Run Although the changes of such an initiative bringing the government to its knees, as the demonstrators hope, are slim,…
Declaring A National Emergency Could Give Trump Authority To Shutdown Your Bank Account (#GotBitcoin?)
For Instance, The President Can, With The Flick Of His Pen, Activate Laws Allowing Him To Shut Down Many Kinds Of Electronic Communications Inside The United States Or Freeze Americans’ Bank Accounts. For some time now President Trump has been publicly and privately mulling the idea of using a national emergency…
Marriott Finally Admits Hackers Swiped Millions of Passport Numbers (#GotBitcoin?)
Hackers Compromised The Passport Numbers Of Millions Of People Hotel chain says fewer total customers were affected than initially feared but analysts warn data could be intelligence trove. Marriott Finally Admits Hackers Swiped Millions of Passport Numbers Marriott International Inc. said fewer customers were affected in a massive data breach…
Meet The Watchdog Called CryptoMom (#GotBitcoin?)
SEC’s Hester Peirce—Republicans’ muse on financial regulation—has won fans for her support of the digital-currency market. Meet The Watchdog Called CryptoMom Cryptocurrency startups and traders fighting stricter regulation think they have their champion. They call her CryptoMom. Hester Peirce, shown in the SEC’s Washington office Hester Peirce, a Republican member…
Bitcoin On Facebook, Lite.IM Adds BTC Support For Leading Social Networks (#GotBitcoin?)
#GotBitcoin? We’re proud to be bringing the world’s most popular cryptocurrency to the combined 2.5 billion users of Facebook and Telegram, not to mention all those who lack dependable internet access that can now manage Bitcoin via SMS messaging.” Bitcoin On Facebook, Lite.IM Adds BTC Support For Leading Social Networks…
Corporate Debt Is Reaching Record Levels (#GotBitcoin?)
#GotBitcoin? Highly leveraged companies could pose a threat to the global economy if rates rise or profits slump. Corporate Debt Is Reaching Record Levels In the aftermath of the financial crisis, a swath of individuals and families began a long and painful deleveraging process. Businesses, meanwhile, quickly moved in the…
Taking Stock of The World’s Debt (#GotBitcoin?)
#GotBitcoin? Growing debt goes hand-in-hand with growing economies, but it can also be a warning sign. Taking Stock of the World’s Debt (#GotBitcoin? The world has never had as much debt as it has right now—nearly $250 trillion. That figure is three times what it was two decades ago, according…
Influx Of Institutional Investors Causes Bitcoin To Perform More Like A Traditional Asset (#GotBitcoin?)
Bitcoin Trading At Strong Correlation With Gold As Traditional Investors Step In One example of institutional money coming into the sector is the growth of the Bitcoin Investment Trust, an over-the-counter exchange-traded fund sold by Grayscale Investments. In 2013, its first year of existence, the trust had $51 million in…