Bitcoin And Crypto-Currency
‘Gold-Backed’ Crypto Token Promoter Karatbars Investigated By Florida Regulators (#GotBitcoin?)
Florida regulators are investigating Karatbars, a German company that’s been promoting a token tied to a Miami “crypto bank” without any banking license in the state. ‘Gold-Backed’ Crypto Token Promoter Karatbars Investigated By Florida Regulators (#GotBitcoin?) The Takeaway Karatbars previously issued a cryptocurrency purportedly backed by gold, but CoinDesk has…
Service Sector And Manufacturing Jobs Drop To 3 And 10 Year Lows (#GotBitcoin)
U.S., Eurozone Services Stumble Threatens Sharper Global Slowdown. Service Sector And Manufacturing Jobs Drop To 3 And 10 Year Lows (#GotBitcoin) Economic indicators suggest a manufacturing downturn is spreading. U.S. and eurozone services-sector activity softened in September, according to surveys of purchasing managers, suggesting a manufacturing downturn is spreading to…
Financial Services Giant Morningstar To Offer Ratings For Crypto Assets (#GotBitcoin?)
Morningstar Credit Ratings is planning an evaluation system for debt securities issued as tokens on a blockchain to make the emerging asset class more credible for investors. Financial Services Giant Morningstar To Offer Ratings For Crypto Assets (#GotBitcoin?) The new rating services could enable a migration of the $117 trillion…
The Real Story Of The Repo Market Meltdown, And What It Means For Bitcoin
Last week the financial system ran out of cash. It was a modern version of a bank run, and it’s not over yet. The Real Story Of The Repo Market Meltdown, And What It Means For Bitcoin Stepping back, it reveals two big things about financial markets: first, US Treasuries…
U.K. Experience Suggests An Inverted Yield Curve Isn’t All Gloom
In the U.S., a drop in long-term yields below short-term rates typically portends a recession, but that relationship may be breaking down. U.K. Experience Suggests An Inverted Yield Curve Isn’t All Gloom And Doom A widely watched U.S. recession signal has been blinking red for months now. Yet the performance…
The Original Sins of Cryptocurrencies (#GotBitcoin?)
The crypto industry is on its way from the epic early days, when it was a technological phenomenon exclusive to a limited group of techs, scientists and enthusiasts, to its final destination: a financial commodity intended for use by everyone. Of course, the journey has just begun, and it is…
The Coming Currency War: Digital Money vs. The Dollar (#GotBitcoin?)
Central banks are getting closer to issuing their own digital currency. If they do, the dollar might finally face real competition as the world’s dominant currency. The Coming Currency War: Digital Money vs. The Dollar (#GotBitcoin?) The future of money might be a digital version of the cash that’s already…
Trumponomics Delivers First Manufacturing Contraction In Nearly A Decade
• The U.S. manufacturing PMI (purchasing managers index) was 49.9 in August, below the neutral 50.0 threshold for the first time since September 2009, according to IHS Markit. Trumponomics Delivers First Manufacturing Contraction In Nearly A Decade • New orders received by manufacturers dropped the most in 10 years, while…
Verizon Awarded Patent For Blockchain-Based Virtual SIM Cards (#GotBitcoin?)
Leading communications and technology company Verizon has been awarded a patent for using virtual subscriber identity modules (vSIMs) for customers’ devices. Verizon Awarded Patent For Blockchain-Based Virtual SIM Cards (#GotBitcoin?) A filing with the United States Patent and Trademark Office on Sept. 10 details a blockchain encryption technology, wherein a…
Bitcoin Is The Fraud? JPMorgan Metals Desk Fixed Gold Prices For Years (#GotBitcoin)
Trump Administration Unable And Unwilling To Prosecute Banksters. Bitcoin Is The Fraud? JPMorgan Metals Desk Fixed Gold Prices For Years (#GotBitcoin) The United States’ largest bank faced fresh ridicule from Bitcoin (BTC) circles this week after prosecutors said traders had conducted more market fraud. As Bloomberg reported on Sept. 16,…
Bitcoin Stronger Than Ever But No One Seems To Care: Google Trends (#GotBitcoin?)
Bitcoin (BTC) has hit a four-month low this week — as a search term on Google, with market fatigue and boredom spreading beyond traders. Bitcoin Stronger Than Ever But No One Seems To Care: Google Trends (#GotBitcoin?) “Bitcoin” Least Googled Since May Data from Google Trends confirms that the term…
Israeli Startup That Allows Offline Crypto Transactions Secures $4M (#GotBitcoin?)
Israeli cybersecurity startup GK8 has reportedly developed the world’s first offline system for transacting cryptocurrencies. Israeli Startup That Allows Offline Crypto Transactions Secures $4M (#GotBitcoin?) The new system uses GK8’s proprietary cryptographic techniques that enable instant blockchain transactions of digital assets without any need for an internet connection, Israeli business…