Bitcoin And Crypto-Currency
Ultimate XRP Resource (#GotBitcoin)
A new amended complaint against Ripple draws on the SEC’s framework for digital assets to outline how XRP might be a security – likely the first federal case to do so. Ultimate XRP Resource (#GotBitcoin) The Takeaway: The filing also cites California advertising law, in addition to federal securities law,…
U.S. Mortgage Debt Hits Record, Eclipsing 2008 Peak
One factor could be homeowners tapping into home equity for cash when they refinance. U.S. Mortgage Debt Hits Record, Eclipsing 2008 Peak (#GotBitcoin?) U.S. mortgage debt reached a record in the second quarter, exceeding its 2008 peak as the financial crisis unfolded. Mortgage balances rose by $162 billion in the…
U.S. Stocks & Treasuries Flash Recession/Depression #GotBitcoin?
The yield on the U.S. 30-year Treasury note touches a record low! U.S. Stocks AND Treasuries Flash Recession/Depression Warning Signal (#GotBitcoin?) I’ve seen these cycles before and this one is going to leave a scar. People, make (if you haven’t by now) preparations for a long, drawn-out down-turn. U.S.…
15 Countries To Develop Crypto Transaction Tracking System: Report (#GotBitcoin?)
About 15 global jurisdictions, including the G7 countries, will reportedly develop a system for tracking crypto transactions to prevent illicit uses of cryptocurrencies. The Financial Action Task Force (FATF) is planning to prepare detailed measures by 2020, according to a report by Tokyo-based newspaper Nikkei on Aug. 9. The new…
A Small Bank Gave Bitcoin to Its Entire Staff. Now It’s Taking Crypto Clients (#GotBitcoin?)
A small bank in New York City has started doing business with cryptocurrency firms, joining the very short list of U.S. financial institutions to embrace the sector. A Small Bank Gave Bitcoin to Its Entire Staff. Now It’s Taking Crypto Clients (#GotBitcoin?) Quontic Bank opened a checking account for a…
Goldman Sachs Gets Bullish On Bitcoin (#GotBitcoin)
In a note to customers, Goldman Sachs gave a bullish forecast for Bitcoin price. Shared on Twitter, Aug. 11, the note suggests a short-term target of $13,971. Goldman Sachs Gets Bullish On Bitcoin (#GotBitcoin) Bullish Analysis Based On Elliott Waves The target given is based on Elliott Wave Theory, which…
Kevin O’Leary Of Shark Tank Fame Busted Lying About His Views On Bitcoin
Kevin O’Leary, the popular investor featured on the well-known Shark Tank TV series, has been discussing Bitcoin and cryptocurrencies over the past week. His current stance is rather definitive, as he holds that they have no intrinsic value and fail as an asset class. Going back to 2013, however, it appears…
US Department of Commerce Offering 6-Figure Salary To Crypto Expert (#GotBitcoin?)
The United States Department of Commerce is looking to hire a computer scientist specializing in blockchain and identity management. US Department of Commerce Offering 6-Figure Salary To Crypto Expert (#GotBitcoin?) According to a job listing from Aug. 9, the federal agency is seeking someone with at least one year of…
Investors Ponder Negative Bond Yields In The U.S. (#GotBitcoin?)
Last week’s slide in Treasury yields is deepening worries about lackluster growth, low inflation. Investors Ponder Negative Bond Yields In The U.S. (#GotBitcoin?) A steep slide in U.S. government-bond yields last week wrong-footed investors and left some pondering what was once unthinkable: whether interest rates in America could one day…
Mastercard Is Building A Team To Develop Crypto, Wallet Projects (#GotBitcoin?)
Payments giant Mastercard is seeking to hire a number of blockchain professionals, including several senior roles, in an apparent effort to develop cryptocurrency and wallet products. Mastercard Is Building A Team To Develop Crypto, Wallet Projects (#GotBitcoin?) According to the company’s career website, Mastercard is looking for a senior blockchain…
Fed To Create Payments System To Speed Money Transfers (#GotBitcoin?)
Move will provide a public option to another real-time network built by big banks. Fed To Create Payments System To Speed Money Transfers (#GotBitcoin?) The Federal Reserve plans to develop a faster payments system for banks to exchange money, providing a public option to another real-time network built by big…
Canadian Bitcoin Educator Scams The Scammer And Donates Proceeds (#GotBitcoin?)
A Canadian Bitcoin (BTC) educator has scammed a crypto scammer and subsequently donated the money to charity. Canadian Bitcoin Educator Scams The Scammer And Donates Proceeds (#GotBitcoin?) As the Canadian Broadcasting Corporation reported on Aug. 7, Ben Perrin — a YouTuber who runs an education channel about cryptocurrencies and a…