Bitcoin And Crypto-Currency
Federal Reserve To Begin Publishing Financial Instability Report (#GotBitcoin)
New report will come out semiannually beginning Nov. 28. Federal Reserve To Begin Publishing Financial Instability Report (#GotBitcoin) New report will come out semiannually beginning Nov. 28. The Federal Reserve said Friday it plans to start publishing a periodic report on the instability of the U.S. financial system, a bid…
WSJCoin: The Cryptocurrency That Never Was (#GotBitcoin?)
The Wall Street Journal embarked on a mission to create its own virtual token, but encountered hurdles along the way. Earlier this year they had a brilliant idea—OK, maybe just an idea. They cornered a pack of Wall Street Journal editors in a room and pitched an editorial project that…
Dow Falls 600 Points As Tech Rout Hits Stocks (#GotBitcoin?)
Decline erases a rally in energy shares, which had bounced higher with oil prices; Dow industrials fall 600 points. The Dow Jones Industrial Average tumbled about 600 points Monday as anxiety over the health of technology behemoths sparked a broad retreat from the stock market. Monday’s selling began in the…
Banks In Support of Iran’s National Sanctions-Busting Cryptocurrency (#GotBitcoin)
The Islamic Republic of Iran is making great strides towards adopting a national Central Bank Digital Currency (CBDC) to strengthen its internal and external trade. Banks In Support of Iran’s National Sanctions-Busting Cryptocurrency (#GotBitcoin) In fact, as announced by the Iranian news portal Ibena, Seyyed Aboutaleb Najafi, the CEO of…
US On A Course To Spend More On Debt Than Defense (#GotBitcoin?)
Rising interest costs could crowd out other government spending priorities and rattle markets. US On A Course To Spend More On Debt Than Defense (#GotBitcoin?) In the past decade, U.S. debt held by the public has risen to $15.9 trillion from $5.1 trillion, but financing all of that debt hasn’t…
BlackRock Offices Raided in German Tax Probe (#GotBitcoin)
Investigation into historical trades has already embroiled several other firms and banks. BlackRock Offices Raided in German Tax Probe (#GotBitcoin) German prosecutors searched the Munich offices of BlackRock Inc. drawing the world’s largest asset manager into a long running criminal tax-fraud investigation that has already embroiled several other financial firms.…
Cybersecurity Firm Ranks Safety of Top Crypto Exchanges (#GotBitcoin?)
Prominent cybersecurity firm Group-IB has graded the security of top crypto exchanges. Cybersecurity Firm Ranks Safety of Top Crypto Exchanges According to research conducted by the Moscow-based firm in partnership with crypto asset insurance platform CryptoIns, the Kraken platform is the safest crypto exchange. In contrast, OKEx — the now-second crypto…
Would Someone Please Buy US Treasury Bonds? (#GotBitcoin?)
The erosion of demand in emerging Asian markets reflects their maturation into more stable economies. Would Someone Please Buy US Treasury Bonds? (#GotBitcoin?) Asian investors are proving less and less eager to buy U.S. government bonds, even as the Treasury Department prepares to sell $1.3 trillion of new debt in…
Definite Signs of An Imminent Recession (#GotBitcoin?)
Facing iPhone Troubles, Apple Tries to Change the Story The company plans to stop reporting unit sales as it pushes its services business. When Steve Jobs took a swipe at Amazon.com Inc.’s Kindle in 2009, he pointed to the online retailer’s decision not to report unit sales of its reading…
The New Retirement Plan: Save Almost Everything, Spend Virtually Nothing (#GotBitcoin)
A group of younger workers, devotees of the FIRE movement, are seeking ways to duck mistakes made by prior generations. The New Retirement Plan: Save Almost Everything, Spend Virtually Nothing (#GotBitcoin) Sylvia Hall wants to retire at age 40. Her dream has a price: brown bananas. The 38-year-old Seattle lawyer…
The Man Who Bet It All On Bitcoin, And Still Believes (#GotBitcoin?)
Join us as we take a journey with a man who bet all he owned on a decentralized cryptocurrency future. The Man Who Bet It All On Bitcoin, And Still Believes In 2017, bitcoin seemed almost unstoppable as investors and consumers poured money into the cryptocurrency. For one Dutch businessman and…
What Will Banks Do With Cash Freed Up by Rule Changes? No One Knows (#GotBitcoin?)
Fed proposal to ease short-term cash requirements for big banks heads into uncertain territory. Regulators plan to pare back requirements that banks keep billions of dollars of cash on hand to pay short-term bills. No one knows for sure what will happen next. The liquidity coverage ratio rule was invented…