Bitcoin And Crypto-Currency

Bitcoin Network Is Moving $3 Billion Daily, Up 210% Since April (#GotBitcoin?)

Bitcoin’s average transaction volume is topping $3 billion per day, data from crypto analytics site Coinmetrics.io reveals as of July 16. Bitcoin Network Is Moving $3 Billion Daily, Up 210% Since April (#GotBitcoin?) Bitcoin’s Uptrend in Daily Transaction Value Eclipsing Altcoins’ The data — which has been adjusted to remove…

IMF: Network Effects Could Spark Blaze of Crypto-Currency Adoption (#GotBitcoin)

The International Monetary Fund (IMF) has argued that network effects could spark the blaze for the mass adoption of new digital monies. IMF: Network Effects Could Spark Blaze of Crypto-Currency Adoption (#GotBitcoin) In a fresh report published on July 15, the IMF aims to create a conceptual framework for categorizing…

Global Bank Run Starts With Deutsche Bank As Clients Pull $1 Billion A Day (#GotBitcoin?)

There is a reason James Simons’ RenTec is the world’s best performing hedge fund – it spots trends (even if they are glaringly obvious) well ahead of almost everyone else, and certainly long before the consensus. Global Bank Run Starts With Deutsche Bank As Clients Pull $1 Billion A Day…

Cryptocurrency Startups Get Partial Green Light From Washington

Securities and Exchange Commission says some crypto firms could be cleared for limited brokerage services. Cryptocurrency Startups Get Partial Green Light From Washington (#GotBitcoin?) Washington is opening the door a crack for cryptocurrency startups that want to disrupt some of Wall Street’s traditional businesses. The Securities and Exchange Commission said…

Fundstrat’s Tom Lee: Bitcoin Pullback Is Healthy, Fewer Searches Аre Good (#GotBitcoin?)

Fundstrat Global Advisers co-founder Thomas Lee wrote that the recent Bitcoin (BTC) pullback is healthy in a tweet on July 14. Fundstrat’s Tom Lee: Bitcoin Pullback Is Healthy, Fewer Searches Аre Good (#GotBitcoin?) In his tweet, Lee also addressed concerns over the recent decrease in Google searches for Bitcoin: “As…

Bitcoin Lightning Nodes Are Snatching Funds From Bad Actors (#GotBitcoin?)

Bitcoin (BTC) Lightning Network nodes have claimed 2.2 BTC in “justice transactions” to deter potential thieves, a BitMex Research analysis revealed on July 15. Bitcoin Lightning Nodes Are Snatching Funds From Bad Actors (#GotBitcoin?) A so-dubbed “justice transaction” is a punitive mechanism involving the closure of a lightning channel that…

The Provident Bank Now Offers Deposit Services For Crypto-Related Entities (#GotBitcoin?)

American community bank The Provident Bank has begun offering deposit services to digital currency-related customers, according to an announcement published on July 9. The Provident Bank Now Offers Deposit Services For Crypto-Related Entities (#GotBitcoin?) The Provident Bank now offers deposit and other banking services to cryptocurrency issuers, exchangers and investors.…

Junk Bond Yields Go Negative As Central Banks Cut Interest Rates And Print Money (#GotBitcoin?)

Oxymoron Alert: Some ‘High Yield’ Bonds Go Negative. Junk Bond Yields Go Negative As Central Banks Cut Interest Rates And Print Money (#GotBitcoin?) Many expect more bond yields to go negative as central banks in the U.S. and Europe cut interest rates or return to bond buying to stimulate economies.…

Bitcoin Could Help Stop News Censorship From Space (#GotBitcoin?)

A loose group of developers are testing out the idea that the combination of bitcoin and orbital communication might provide a means for stopping governments or other powerful entities from suppressing news they don’t like. Bitcoin Could Help Stop News Censorship From Space (#GotBitcoin?) Censorship is a worldwide problem, with…

US Sanctions On Bitcoin Inevitable or Impossible To Implement (#GotBitcoin)

If there's one thing the United States has had a history of, it's imposing sanctions on its enemies. US Sanctions On Bitcoin Inevitable or Impossible To Implement (#GotBitcoin) Venezuela, Cuba, North Korea, Russia and numerous other nations have been subject to restrictions and penalties over the years, with the U.S.…

US Lawmaker Reintroduces ‘Safe Harbor’ Crypto Tax Bill In Congress (#GotBitcoin?)

United States Congressman Tom Emmer has reintroduced his Safe Harbor for Taxpayers with Forked Assets bill, according to a press release published July 9. US Lawmaker Reintroduces ‘Safe Harbor’ Crypto Tax Bill In Congress (#GotBitcoin?) The reintroduced version of the bill appears to have been published on July 3, based…

Fed Makes It Easier For Banks To Pass Stress Tests (#GotBitcoin)

The Fed recently made it easier for banks to pass the stress tests, easing a “qualitative” component of the exam that evaluates banks on factors such as the quality of its internal data and management controls. Fed Makes It Easier For Banks To Pass Stress Tests (#GotBitcoin) Related: Fed To…