Bitcoin And Crypto-Currency
Fed Lowers Interest-Rate To Stimulate Sluggish Economy (#GotBitcoin?)
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?)
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?)
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?)
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…
Federal Borrowing Soars As Higher Spending Outpaces Revenue Growth (#GotBitcoin?)
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?)
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…
Government Money Printing Is ‘Rocket Fuel’ For Bitcoin (#GotBitcoin?)
Morgan Creek Digital Assets co-founder Anthony Pompliano says the European Central Bank (ECB)’s expected dovish turn will be “rocket fuel” for Bitcoin. Government Money Printing Is ‘Rocket Fuel’ For Bitcoin (#GotBitcoin?) In a tweet posted on July 26, Pompliano commented on a fresh Bloomberg article investigating the ECB’s imminent policy…
Bitcoin-Friendly Square Cash App Stock Price Up 56% In 2019 (#GotBitcoin?)
Cash App, they payments app of San Francisco-based payments company Square, announced a Bitcoin (BTC) giveaway in a tweet published on July 26 as its stock price continues to grow, according to MarketWatch. Bitcoin-Friendly Square Cash App Stock Price Up 56% In 2019 (#GotBitcoin?) Giving Away Bitcoin In its tweets,…
IRS Fails To Prevent $1.6 Billion In Tax Identity Theft (#GotBitcoin)
Thieves Targeted $12 Billion Through IRS Tax Fraud. IRS Fails To Prevent $1.6 Billion In Tax Identity Theft (#GotBitcoin) The IRS thwarted most attempts, but scammers got at least $1.6 billion. Like others in business, thieves know a fertile market when they see it. As sophisticated cybercrooks look at…
Safeway Shoppers Can Now Get Bitcoin Back As Change At 894 US Stores (#GotBitcoin?)
Bitcoin (BTC) rewards shopping app Lolli has partnered with major American grocery chain Safeway to give customers 3.5% back in Bitcoin on all their purchases. Safeway Shoppers Can Now Get Bitcoin Back As Change At 894 US Stores (#GotBitcoin?) Making Bitcoin ‘Part Of Everyday Life’ According to a blog post…
IRS Workers Who Failed To Pay Taxes Got Bonuses (#GotBitcoin)
It’s not difficult to get a bonus if you work for the Internal Revenue Service — even if you haven’t paid your own taxes. IRS Workers Who Failed To Pay Taxes Got Bonuses (#GotBitcoin) The IRS handed out a total of nearly $1.1 million in bonuses in a 27-month period…
Trump DOJ Declines To Charge Lois Lerner In IRS Scandal (#GotBitcoin?)
The Trump administration said Friday it won't charge a key IRS figure in the mistreatment of conservative political groups during the 2010 and 2012 elections. Trump DOJ Declines To Charge Lois Lerner In IRS Scandal (#GotBitcoin?) In a letter to members of Congress, the Justice Department said that "reopening the…