Bitcoin And Crypto-Currency
IT’S THE ECONOMY STUPID: EPISODE#24 (#GOTBITCOIN?)
Federal Reserve Considers a New Tool to Avert Crises Some officials favor demanding banks stock up on capital while the economy is strong. IT’S THE ECONOMY STUPID: EPISODE#24 A decade after a financial crisis that paralyzed the global economy, Federal Reserve officials are debating how to apply one of the central…
Olaf Carlson-Wee Rode The Bitcoin Boom To Silicon Valley Riches. Can He Survive The Crash? (#GotBitcoin?)
Now running the world’s largest crypto hedge fund, the 29-year-old says he is undeterred by recent losses. Olaf Carlson-Wee Rode The Bitcoin Boom To Silicon Valley Riches. Can He Survive The Crash? SAN FRANCISCO—Olaf Carlson-Wee has crammed the highs and lows of a hedge-fund career into roughly one year—all before his…
Banks’ Sharing Of Financial Crime Data Raises Questions On Ethics (#GotBitcoin?)
Banks, regulators and law-enforcement agencies are sharing more intelligence through voluntary networks to deter money laundering and terrorism financing. As the practice spreads, so do the risks of data mishandling, observers said. Banks’ Sharing Of Financial Crime Data Raises Questions On Ethics Information-sharing partnerships are sprouting across the global financial landscape.…
‘Crypto Tourists’ Flee as Bitcoin Slump Drags On (#GotBitcoin?)
Value of cryptocurrencies has slid 76% after exceeding $800 billion earlier this year. ‘Crypto Tourists’ Flee as Bitcoin Slump Drags On The cryptocurrency rout that began early this year with the popping of the bitcoin bubble has only gotten worse, and there is little sign things will get better soon. The…
Marshall Islands To Adapt Crypo-currencies Despite IMF Warning
The International Monetary Fund (IMF) has advised against the Republic of the Marshall Islands' plan to introduce a digital currency as a second legal tender alongside the U.S. dollar. Marshall Islands To Adapt Crypo-currencies Despite IMF Warning The Marshall Islands – a remote chain of islands in the central Pacific…
Cryptocurrency Startups Combine As Wall Street Blockchain Effort Falters (#GotBitcoin?)
Chain and Lightyear, built around the technology underpinning bitcoin, are combining into a new company called Interstellar. Cryptocurrency Startups Combine As Wall Street Blockchain Effort Falters Chain Inc., a startup working with Nasdaq Inc. and others to build a blockchain-based trading platform, is merging with another cryptocurrency startup, a sign that…
You’ve Become A Nation of Cheapskates (#GotBitcoin?)
Revolutionary tech brings amazing prices—but something feels wrong. You've Become A Nation of Cheapskates From New York to San Francisco, lunch prices are starting to get ridiculous. Most days you cruise past $13 salads and $14 ramen before landing at a Chick Fil-a or Chipotle. For example, there’s a company called…
Europe Goes Harder on Money Laundering With Record ING Fine (#GotBitcoin?)
Banks world-wide are under pressure to clamp down on the trillions of dollars illegally flowing through the global financial system. Europe Goes Harder on Money Laundering With Record ING Fine Banking group ING Groep has agreed to pay a record European fine of €775 million ($899.8 million) to settle an investigation…
HyperBitcoinization: How Currency Crises Are Driving Nations To Crypto (#GotBitcoin?)
Venezuela, Turkey, Iran and Zimbabwe: these countries are all facing ongoing economic crises. They’re suffering from high levels of inflation, and as a result the people living within them are increasingly turning to crypto as a store of value and a means of exchange. Their recent troubles have heightened the…
Retail Technology Provider Narvar Targeting The Costly Returns Process
Investment will back development of e-commerce software as retailers look to improve consumer online experience. Retail Technology Provider Narvar Targeting The Costly Returns Process Retail technology provider Narvar has raised $30 million in new funding to back what the company says will be aggressive expansion of a business that supports e-commerce…
Four Things That I Like About The Current State of Bitcoin (#GotBitcoin?)
(1.) Bitcoin Dominance Rate Hits 50% For First Time in 2018 Bitcoin (BTC) now makes up 50 percent of the entire cryptocurrency market capitalization. Four Things That I Like About The Current State of Bitcoin Shortly past 03:00 UTC on August 11, CoinMarketCap's bitcoin dominance rate – an indicator that tracks…
The Weaponization of Bitcoin And Global Finance (#GotBitcoin)
U.S. tariffs intensify pressure on the Turkish lira, raising prospect of an open-ended cycle of protectionism and devaluation. The Weaponization of Bitcoin And Global Finance (#GotBitcoin) Trade wars may be morphing into something more dangerous: financial wars. [embed]https://www.youtube.com/watch?v=D6s_MjAHYdI&list=PLU1KxUVqGmaMOBKvfbGX9F3irFwJsBDWi[/embed] With Turkey facing a currency crisis, President Trump last week poured fuel…