Heat, Floods, Fires: Jet Stream Is Key Link In Climate Disasters
Deadly weather as far apart as China, Germany and the U.S. reveal the devastating impact of a swinging jet stream. Heat, Floods, Fires: Jet Stream Is Key Link In Climate Disasters
Devastating floods destroyed towns in Germany and Belgium. A ruthless heat wave broiled the Western U.S. and Canada. Heavy rains paralyzed a Chinese industrial hub home to 10 million people. These recent weather phenomena are being intensified by the changing climate.
But the link between these far-flung extremes goes beyond warming global temperatures. All of these events are touched by jet streams, strong and narrow bands of westerly winds blowing above the Earth’s surface. The currents are generated when cold air from the poles clashes against hot air from the tropics, creating storms and other phenomena such as rain and drought.
“Jet streams are the weather—they create it and they steer it,” said Jennifer Francis, a senior scientist at the Woodwell Climate Research Center. “Sometimes the jet stream takes on a very convoluted pattern. When we see it taking big swings north and big dips southward we know we’re going to see some unusual weather conditions.”
Jet Streams
Fast-Moving Belts Of Wind Take Wavy, Meandering Paths Around The Planet
Meteorologists worry whenever those swings and dips form omega-shaped curves that look like waves. When that happens, warm air travels further north and cold air penetrates further south. The result is a succession of unusually hot and cold weather systems along the same latitude. Under these conditions, winds often weaken and dangerous weather can remain stuck in the same place for days or weeks at a time—rather than just a few hours or a day—leading to prolonged rains and heat waves.
“It’s just like when waves in the ocean get to a beach, overturn and break,” said Tess Parker, a research fellow at the ARC Centre for Excellence for Climate Extremes at Monash University in Melbourne. “That can happen in the atmosphere as well, and if that happens you tend to catch a high- or low-pressure system that will become stationary.”
That’s what sunk parts of Germany into floods earlier this month, as a low pressure system became pinned above the country’s western region. Heavy rains soaked the terrain for the first two days, followed by a few hours of even more intense precipitation that caused rivers to overflow. Water and mudslides overran houses and roads, killing more than 170 people and leaving hundreds missing. Heavy rains also swamped parts of Luxembourg, Belgium and the Netherlands.
Of course the events in Germany had to do with the position of the jet stream,” said Johannes Quaas, a meteorologist and a professor at Leipzig University. At the same time, he said, there’s evidence that the atmosphere can hold 7% more moisture for every degree of Earth’s warming. Global average temperatures are already about 1.2º Celsius above pre-industrial levels.
“We were immensely shocked,” said Stefan Heydt, a spokesperson for the German armed forces in the state of North Rhine-Westphalia, which suffered severe damage in the recent floods. His home state, Rhineland-Palatinate, was also badly affected. Heydt said a cousin still lives there and now has to drive 60 kilometers for electricity.
“Whole existences were destroyed from one moment to the next,” Heydt said.
The economic fallout from the floods in Europe is still unfolding, and it’s already clear that a wide range of sectors will feel the blow. Germany halted operations at an open-cast lignite mine run by RWE AG, curbing output at the connected Weisweiler power station.
Most of the company’s hydroelectric dams in the west of the country and one power station in the Netherlands also stopped operating.
When movements in the jet stream, which was first documented by U.S. bombers flying to missions to Japan in World War II, coincide with climate-driven extremes—heat, drought, intense rainfall—the consequences can be catastrophic.
That may be what happened in China this week. A record rainstorm brought a year’s worth of precipitation in three days to Zhengzhou, the world’s biggest manufacturing base for iPhones and a major hub in central China for food production. At least 33 people died and as many as 380,000 had to be evacuated.
Scientists at the China Meteorological Administration attributed the storm to strong and sustained high-pressure blocks that, along with Typhoon In-fa approaching from the southeast, pushed water vapor in from the sea. That dense air hit the mountains surrounding Henan, the province where Zhengzhou lies, converged and then shot upwards, where it cooled to form the destructive rains.
The situation in the atmosphere may have been brought on by jet stream weakening, “but it will require additional analysis to confirm,” said Michael Mann, an atmospheric science professor at Pennsylvania State University. “What is certainly true is that a slower summer jet stream, which is a robust prediction of a warming climate, allows these systems to persist in the same location for longer periods of time, contributing to many of these record rainfall totals we’re seeing in Europe and Eurasia,” he said.
The question for scientists is to what extent climate change affected those disturbances in the jet stream. It takes time to do that kind of analysis. A rapid attribution study of the Europe floods has already begun, led by the German weather service, with results expected by mid-August.
The heat waves that struck western U.S. and Canada in late June were so unprecedented that researchers were able to conclude by early July that climate change had made them at least 150 times more likely. A high-pressure system, typically linked to hot and dry weather, was made worse by the fact that the land below it was extremely dry.
Usually moisture on the ground absorbs much of the sun’s heat and cools the air when it evaporates. But the extreme drought over the northwestern part of North America meant temperatures could only go up, building a bubble of warm air in the atmosphere. Since then, a second heat wave has hit the region, with wildfires now burning across the U.S. West and parts of Canada.
The extreme heat has helped propel natural gas futures and power prices as millions of people crank up air conditioners. Droughts are forcing almond growers to pull out trees in California. On the High Plains of North America, grasshoppers are thriving and chomping on already diminished fields of grass and wheat. With food inflation soaring amid disruptions from the Covid-19 outbreak, the weather could keep prices for crops and meat elevated in the months ahead.
Meanwhile western and central Russia were cold, even as heat and wildfires hit eastern Siberia. And as Germany and Belgium experienced heavy rains, high temperatures prompted the U.K. Met Office to issue its first-ever extreme heat warning. “The jet is sneaking around these weather systems that come one after another, linking weather in different regions,” said Tim Woollings, a professor of physical climate science at the University of Oxford.
Most scientists agree that climate change is making events driven by the jet stream worse, but there’s debate over how much global warming is directly impacting the currents. Researchers have already connected the jet stream to several natural disasters over the last two years.
Scientists have determined, for example, that a high-pressure system stuck over eastern Siberia caused heat that would have been almost impossible without climate change. In Australia, a two-year drought coupled with a high-pressure system over the state of New South Wales led to multi-decade temperature records in 2020 and fueled the country’s worst-ever fire season.
Francis, from the Woodwell Climate Research Center, studies how warming in the Arctic is influencing weather elsewhere on the planet. She thinks one consequence is a weakening of the jet stream. As the Arctic warms faster than areas farther south, the temperature difference gets smaller, weakening the winds, making its path curvier and extreme events over one area more persistent.
“We’re somewhere between hypothesis and theory at this point,” Francis said. “There’s a lot of supporting evidence, because it’s such a complicated atmosphere, it’s really hard to determine very clearly what’s making any one weather event more extreme.”
Other researchers don’t draw such a clear connection, but see signs of other climate-driven changes. There’s good evidence that the jet streams are getting closer to the poles, according to Woollings. That shift is displacing storms further to the north in the Northern hemisphere and to the south in the Southern hemisphere, and helps explain the multi-year drought that southern Australia and central Chile are currently experiencing.
Today, researchers are focusing their efforts on predicting swings in the jet stream. It’s a complex task, and much of the research has focused on the Northern Hemisphere. Impacts in the south, particularly in South America and the southern tip of Africa, are less well understood because there’s less research and raw data from that part of the world.
Some extreme weather may have nothing to do with the jet stream at all. Temperatures in Brazil’s coffee-growing regions fell below 0°C for hours on Tuesday, damaging bean crops and orange groves. The frost is dealing growers a second blow after a severe drought driven by La Nina weather patterns left fields parched and depleted water reservoirs needed for irrigation.
Still, understanding the jet stream is becoming more pressing as warming temperatures drive more frequent extreme weather events. “We need to think more about the way weather systems will change with the changing climate, rather than just how the climate will change,” said Parker from Monash University. “This division between climate and the weather is, to a large extent, an artificial one.”
The World’s Biggest Governments Are Still Propping Up Fossil Fuels
Subsidies are falling, but polluters are still getting plenty of public support.
The International Energy Agency published a hopeful finding last month on global subsidies for fossil fuel consumption, showing a fall of more than 40% in 2020 — following a drop of more than 30% in 2019.
That does not, however, mean that countries have reduced their support for fossil fuel industries.
Two things helped lower these subsidies: a sharp drop in consumption during the pandemic, and a significant drop in prices. The full breadth of government support, however, covers a lot more than lowering the price tags consumers see. It also includes investment by state-owned companies, budgetary transfers, tax breaks, and concessional grants and loans from public financial institutions.
In a new report to the Net Zero Asset Owner Alliance, my colleagues at BloombergNEF have added up fossil fuel support from the G-20 governments. Their work shows that support to state-owned energy companies — often their countries’ sole energy supplier — constitutes 45% of total fossil fuel subsidies, while consumer subsidies are a little over 21%.
The total amount of that support, too, is worth noting. In the five years from 2015 to 2019, G-20 governments provided $3.3 trillion of direct support to coal, oil and gas, and fossil fuel-fired power generation. That number has been pretty stubborn over the years, falling from a high of $706 billion in 2015 to a low of $636 billion in 2019 — a change of only about 10%.
Stubbornly High
G-20 Governments’ Support For Coal, Oil And Gas, And Fossil-Fueled Power
Those amounts don’t track particularly well to the underlying cost of energy. Over that same five years, the spot price of Brent crude swung from less than $30 a barrel to nearly $90. This lack of alignment indicates that the connection between near-term energy prices and long-term support for energy is loose at best.
That’s not to say there’s been no progress at all in reducing support for fossil fuels in the G-20. Saudi Arabia, for instance, has cut its total support for fossil fuels by half since 2015 — but still provides nearly three times as much per capita as any other government.
Fully half of those governments have supported fossil fuels less since 2015 — but then again, the law of averages means that at least some of the remaining half have raised theirs. Both Canada and the U.S. raised their subsidies significantly on a percentage basis, but Canada provides almost 10 times the per capita support to its industry as the U.S., almost all of which is public finance for oil and gas producers and utilities.
Argentina, meanwhile, is the second-highest supporter per capita, even despite declining consumer subsidies, with state-owned companies receiving more than 80% of support.
Government backing for consumer energy prices is important. Artificially low electricity prices provide little incentive for conserving electricity. Artificially low road fuel costs give little incentive for vehicle-owners to switch from internal combustion engines to electric models.
Support at the business level, however, could be even more significant for the long-term prospects of decarbonization. Government funding capacity may not be strictly limited, but it’s also not infinite, and funds devoted to supporting an incumbent fossil fuel industry are by definition not able to fund energy transition.
Just as importantly, government support has the potential to lock in assets — and the behaviors that go with them — for decades. Those include assets and behaviors related not just to the consumption of fossil fuels, but also to the production and distribution of same, not to mention the politics that go along with them.
Government action also creates future unfunded liabilities in the form of potential bills for clean-up and environmental mediation.
Finally, governments may be creating future stranded assets, projects that for either policy or economic reasons could soon be permanently out of the money.
If we want to achieve a net-zero energy system by mid-century, companies and governments will need to invest anywhere from $92 trillion to $173 trillion in the next three decades, according to BNEF’s latest New Energy Outlook. Doing so will be difficult, but not impossible. Every dollar supporting any path other than zero net carbon dioxide emissions by 2050, however, makes net zero all the more difficult in the meantime.
Updated: 9-8-2021
Amid Western Blazes, Prescribed Fire Is Keeping Some Forests Resilient
Islands of green trees near Lake Tahoe survived the fast-moving flames of the Caldor Fire, thanks in part to earlier controlled burns and other treatments, officials say.
With more than 217,000 acres burned as of September 8, the Caldor Fire southwest of Lake Tahoe has left swaths of the Sierra Nevada severely devastated. More than 900 structures have been destroyed, including virtually the entire town of Grizzly Flats.
But within the fire’s massive footprint stand patches of green, living trees. One looks like a finger poking into the eastern edge of the fire, along Caples Creek and around Caples Lake. That expanse of vitality overlaps extensively with an 8,800-acre area that had been treated in 2019 with prescribed burning, a tactic practitioners say can make fire-adapted forests less susceptible to catastrophic blazes, and limiting the threat they pose to people.
By setting smaller, controlled fires, forest managers can help eliminate the brush, branches and thickets of young trees that can supercharge fast-moving blazes, while leaving larger, older trees alive. After a century of fire suppression policies, much of California’s conifer woodlands are thickly overgrown, making them vulnerable to runaway megafires, especially in the midst of a severe drought.
In the Caldor Fire, now 50% contained, officials are spotlighting the role that prescribed burning and other fuel-reducing tactics likely played in slowing its spread. After weeks of intense firefighting and a weekend of obliging weather, the risk to the area’s largest community, the city of South Lake Tahoe, has subsided, with thousands of residents now returning home after evacuation orders were downgraded.
“The hard work that the Forest Service has done to pull out those fuels and basically clean up the forest in that area made stops that have absolutely helped,” said Parker Wilbourn, a public information officer at the Sacramento Metro Fire District assigned to the Caldor incident.
There are other factors, namely the thousands of firefighters who have worked grueling shifts to beat back flames with bulldozers, helicopters, and hand crews. It will be months before the Caldor Fire’s behavior is fully analyzed, and adjacent communities are not fully out of danger. But many foresters are looking at the trajectory of the blaze thus far with a hint of optimism about what forest management techniques can achieve.
In the Caples Lake area, the 2019 prescribed burn achieved its goal of clearing out ground fuel that present the biggest fire risk, said Duane Nelson, a now-retired district ranger who oversaw parts of that project. “It was on a large enough footprint that it now seems to be changing the behavior of the 15th largest fire in the history of the state,” he said.
Other burned sections of forest are currently in “beautiful” condition, said Dana Walsh, a public information officer at the U.S. Forest Service. That includes expanses near Grizzly Flats, Sly Park, Mormon Emigrant Trail, the Silver Fork American River, and along Highway 50 that had fuel reduction treatments, such as tree thinning and mulching, in recent years. With the help of that earlier work, the Caldor Fire has left some of these areas healthier than before, by paring back undergrowth.
“There are broad patches that this fire has burned through in a way that’s been beneficial,” Walsh said. “The fire is leaving these places intact and doing better to run through than avoid it.”
But handling fire as a tool instead of a foe is a contentious topic in these tinder-dry woods. The 2019 Caples area burn turned into a wildfire when it escaped the control of its managers, burning hundreds of additional acres and drawing criticism. Since August, a national moratorium on managed fire — where crews allow certain wildfires to burn for the benefit of the ecosystem — as well as stringent new limits on prescribed fire have been in effect.
In a letter, Forest Service Chief Randy Moore stated that all resources would focus on suppression until western wildfire activity abated. “We are in a ‘triage mode’ where our primary focus must be on fires that threaten communities and infrastructure,” Moore wrote.
More than 40 scientists signed a letter protesting that policy and asking for it to be reconsidered. “Even if temporary, these directives will significantly limit options for resource managers in a time when increasing the pace and scale of forest restoration and fuel reduction is of critical importance,” they wrote.
The controversy over controlled burns is unlikely to let up after this record-breaking fire season. While Indigenous people have stewarded forest growth with fire for millennia, the practice has been slow to gain traction among government agencies, particularly in the ignition-prone U.S. West, where putting out blazes as fast as possible in order to protect homes and commercial buildings has long been the goal.
“This is a problem where we need every tool in the toolbox.”
The ferocity and scale of this summer’s wildfires suggest the limits of the suppression approach as climate change brings hotter, drier, and less predictable conditions. North of the Tahoe area, the Dixie Fire is the single largest fire in California history, burning more than 900,000 acres since it started on July 14. Dozens of others are scorching the West, spreading dangerous levels of smoke and haze around the region.
Yet the spots of green in the Caldor Fire’s footprint aren’t the only ones on the landscape. The Bootleg Fire, which engulfed more than 413,000 acres in southern Oregon, reportedly moved around two nature preserves where Klamath tribal members recently helped lead prescribed burns.
Experts say these islands of resilience support the case for more intensive forest management, including the use of mechanical tools such as chainsaws to thin younger trees where possible, as well as prescribed fire, which can clean up brush and ground cover at a much larger scale. Earlier controlled burns can also make it safer for fire crews to deploy tactics such as backburning, where a smaller fire is set to keep a larger active wildfire at bay.
More funding, staffing, and political will is critical for scaling up forest treatments and the positive effects they can have, said Ryan Tompkins, a forest and natural resources advisor at University of California Cooperative Extension who signed the letter of concern about the Forest Service’s new limits on wildfire management.
“This is a problem where we need every tool in the toolbox,” he said. “And we need to be doing it at maximum capacity.”
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Ex-Ripple CTO Can’t Remember Password To Access $240M In Bitcoin
Financial Advisers Are Betting On Bitcoin As A Hedge
ECB President Christine Lagarde (French Convict) Says, Bitcoin Enables “Funny Business.”
German Police Shut Down Darknet Marketplace That Traded Bitcoin
Bitcoin Miner That’s Risen 1,400% Says More Regulation Is Needed
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Broker Touts Exotic Bitcoin Bet To Squeeze Income From Crypto
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BTC Market Cap Now Over Half A Trillion Dollars. Major Weekly Candle Closed!!
Elon Musk And Satoshi Nakamoto Making Millionaires At Record Pace
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Gifting Crypto To Loved Ones This Holiday? Educate Them First
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$1,200 US Stimulus Check Is Now Worth Almost $4,000 If Invested In Bitcoin
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Bitcoin Arrives On Wall Street: S&P Dow Jones Launching Crypto Indexes In 2021
Audio Streaming Giant Spotify Is Looking Into Crypto Payments
BlackRock (Assets Under Management $7.4 Trillion) CEO: Bitcoin Has Caught Our Attention
Bitcoin Moves $500K Around The Globe Every Second, Says Samson Mow
Pomp Talks Shark Tank’s Kevin O’leary Into Buying ‘A Little More’ Bitcoin
Bitcoin Is The Tulipmania That Refuses To Die
Ultimate Resource On Ethereum 2.0
Biden Should Integrate Bitcoin Into Us Financial System, Says Niall Ferguson
Bitcoin Is Winning The Monetary Revolution
Cash Is Trash, Dump Gold, Buy Bitcoin!
Bitcoin Price Sets New Record High Above $19,783
You Call That A Record? Bitcoin’s November Gains Are 3x Stock Market’s
Bitcoin Fights Back With Power, Speed and Millions of Users
Exchanges Outdo Auctions For Governments Cashing In Criminal Crypto, Says Exec
Coinbase CEO: Trump Administration May ‘Rush Out’ Burdensome Crypto Wallet Rules
Bitcoin Plunges Along With Other Coins Providing For A Major Black Friday Sale Opportunity
The Most Bullish Bitcoin Arguments For Your Thanksgiving Table
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World’s First 24/7 Crypto Call-In Station!!!
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Crypto-Friendly Brooks Gets Nod To Serve 5-Year Term Leading Bank Regulator
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Ultimate Resource On Mike Novogratz And Galaxy Digital’s Bitcoin News
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US Company Now Lets Travelers Pay For Passports With Bitcoin
Billionaire Hedge Fund Investor Stanley Druckenmiller Says He Owns Bitcoin In CNBC Interview
China’s UnionPay And Korea’s Danal To Launch Crypto-Supporting Digital Card #GotBitcoin
Bitcoin Is Back Trading Near Three-Year Highs
Bitcoin Transaction Fees Rise To 28-Month High As Hashrate Drops Amid Price Rally
Market Is Proving Bitcoin Is ‘Ultimate Safe Haven’ — Anthony Pompliano
3 Reasons Why Bitcoin Price Suddenly Dropping Below $13,000 Isn’t Bearish
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PayPal To Offer Crypto Payments Starting In 2021 (A-Z) (#GotBitcoin?)
As Bitcoin Approaches $13,000 It Breaks Correlation With Equities
Crypto M&A Surges Past 2019 Total As Rest of World Eclipses U.S. (#GotBitcoin?)
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CME Sounding Out Crypto Traders To Gauge Market Demand For Ether Futures, Options
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Bitcoin Drops To $10,446.83 As CFTC Charges BitMex With Illegally Operating Derivatives Exchange
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Bennie Overton’s Story About Our Corrupt U.S. Judicial, Global Financial Monetary System And Bitcoin
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Mad Money’s Jim Cramer Will Invest 1% Of Net Worth In Bitcoin Says, “Gold Is Dangerous”
State-by-state Licensing For Crypto And Payments Firms In The Us Just Got Much Easier (#GotBitcoin?)
Bitcoin (BTC) Ranks As World 6Th Largest Currency
Pomp Claims He Convinced Jim Cramer To Buy Bitcoin
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Being Black On Wall Street. Top Black Executives Speak Out About Racism (#GotBitcoin?)
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Crypto Goes Mainstream With TV, Newspaper Ads (#GotBitcoin?)
A Guarded Generation: How Millennials View Money And Investing (#GotBitcoin?)
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Ultimate Resource On Non-Fungible Tokens
Bitcoin Community Highlights Double-Standard Applied Deutsche Bank Epstein Scandal
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An Israeli Blockchain Startup Claims It’s Invented An ‘Undo’ Button For BTC Transactions
After Years of Resistance, BitPay Adopts SegWit For Cheaper Bitcoin Transactions
US Appeals Court Allows Warrantless Search of Blockchain, Exchange Data
Central Bank Rate Cuts Mean ‘World Has Gone Zimbabwe’
This Researcher Says Bitcoin’s Elliptic Curve Could Have A Secret Backdoor
China Discovers 4% Of Its Reserves Or 83 Tons Of It’s Gold Bars Are Fake (#GotBitcoin?)
Former Legg Mason Star Bill Miller And Bloomberg Are Optimistic About Bitcoin’s Future
Yield Chasers Are Yield Farming In Crypto-Currencies (#GotBitcoin?)
Australia Post Office Now Lets Customers Buy Bitcoin At Over 3,500 Outlets
Anomaly On Bitcoin Sidechain Results In Brief Security Lapse
SEC And DOJ Charges Lobbying Kingpin Jack Abramoff And Associate For Money Laundering
Veteran Commodities Trader Chris Hehmeyer Goes All In On Crypto (#GotBitcoin?)
Activists Document Police Misconduct Using Decentralized Protocol (#GotBitcoin?)
Supposedly, PayPal, Venmo To Roll Out Crypto Buying And Selling (#GotBitcoin?)
Industry Leaders Launch PayID, The Universal ID For Payments (#GotBitcoin?)
Crypto Quant Fund Debuts With $23M In Assets, $2.3B In Trades (#GotBitcoin?)
The Queens Politician Who Wants To Give New Yorkers Their Own Crypto
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US Drug Agency Failed To Properly Supervise Agent Who Stole $700,000 In Bitcoin In 2015
Layer 2 Will Make Bitcoin As Easy To Use As The Dollar, Says Kraken CEO
Bootstrapping Mobile Mesh Networks With Bitcoin Lightning
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BitPay’s Prepaid Mastercard Launches In US to Make Crypto Accessible (#GotBitcoin?)
Germany’s Deutsche Borse Exchange To List New Bitcoin Exchange-Traded Product
‘Bitcoin Billionaires’ Movie To Tell Winklevoss Bros’ Crypto Story
US Pentagon Created A War Game To Fight The Establishment With BTC (#GotBitcoin?)
JPMorgan Provides Banking Services To Crypto Exchanges Coinbase And Gemini (#GotBitcoin?)
Bitcoin Advocates Cry Foul As US Fed Buying ETFs For The First Time
Final Block Mined Before Halving Contained Reminder of BTC’s Origins (#GotBitcoin?)
Meet Brian Klein, Crypto’s Own ‘High-Stakes’ Trial Attorney (#GotBitcoin?)
3 Reasons For The Bitcoin Price ‘Halving Dump’ From $10K To $8.1K
Bitcoin Outlives And Outlasts Naysayers And First Website That Declared It Dead Back In 2010
Hedge Fund Pioneer Turns Bullish On Bitcoin Amid ‘Unprecedented’ Monetary Inflation
Antonopoulos: Chainalysis Is Helping World’s Worst Dictators & Regimes (#GotBitcoin?)
Survey Shows Many BTC Holders Use Hardware Wallet, Have Backup Keys (#GotBitcoin?)
Iran Ditches The Rial Amid Hyperinflation As Localbitcoins Seem To Trade Near $35K
Buffett ‘Killed His Reputation’ by Being Stupid About BTC, Says Max Keiser (#GotBitcoin?)
Blockfolio Quietly Patches Years-Old Security Hole That Exposed Source Code (#GotBitcoin?)
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Decentralized VPN Gaining Steam At 100,000 Users Worldwide (#GotBitcoin?)
Crypto Exchange Offers Credit Lines so Institutions Can Trade Now, Pay Later (#GotBitcoin?)
Zoom Develops A Cryptocurrency Paywall To Reward Creators Video Conferencing Sessions (#GotBitcoin?)
Bitcoin Startup Purse.io And Major Bitcoin Cash Partner To Shut Down After 6-Year Run
Open Interest In CME Bitcoin Futures Rises 70% As Institutions Return To Market
Square’s Users Can Route Stimulus Payments To BTC-Friendly Cash App
$1.1 Billion BTC Transaction For Only $0.68 Demonstrates Bitcoin’s Advantage Over Banks
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Bitcoin Holds Value As US Debt Reaches An Unfathomable $24 Trillion
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Crypto Analyst Accused of Photoshopping Trade Screenshots (#GotBitcoin?)
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Fatburger And Others Feed $30 Million Into Ethereum For New Bond Offering (#GotBitcoin?)
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Intel SGX Vulnerability Discovered, Cryptocurrency Keys Threatened
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Coinbase Wallet Now Allows To Send Crypto Through Usernames (#GotBitcoin)
New ‘Simpsons’ Episode Features Jim Parsons Giving A Crypto Explainer For The Masses (#GotBitcoin?)
Crypto-currency Founder Met With Warren Buffett For Charity Lunch (#GotBitcoin?)
Bitcoin’s Potential To Benefit The African And African-American Community
Coinbase Becomes Direct Visa Card Issuer With Principal Membership
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Jill Carlson, Meltem Demirors Back $3.3M Round For Non-Custodial Settlement Protocol Arwen
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Billionaire Investor Tim Draper: If You’re a Millennial, Buy Bitcoin
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If You Missed Out On Investing In Amazon, Bitcoin Might Be A Second Chance For You (#GotBitcoin?)
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US Deficit Will Be At Least 6 Times Bitcoin Market Cap — Every Year (#GotBitcoin?)
Central Banks Warm To Issuing Digital Currencies (#GotBitcoin?)
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H.R.5635 – Virtual Currency Tax Fairness Act of 2020 ($200.00 Limit) 116th Congress (2019-2020)
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Former Regulator Known As ‘Crypto Dad’ To Launch Digital-Dollar Think Tank (#GotBitcoin?)
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A Blockchain-Secured Home Security Camera Won Innovation Awards At CES 2020 Las Vegas
Bitcoin’s Had A Sensational 11 Years (#GotBitcoin?)
Sergey Nazarov And The Creation Of A Decentralized Network Of Oracles
Google Suspends MetaMask From Its Play App Store, Citing “Deceptive Services”
Christmas Shopping: Where To Buy With Crypto This Festive Season
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Coinbase CEO Armstrong Wins Patent For Tech Allowing Users To Email Bitcoin
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At A Refugee Camp In Iraq, A 16-Year-Old Syrian Is Teaching Crypto Basics
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Charities Put A Bitcoin Twist On Giving Tuesday
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Jack Dorsey: You Can Buy A Fraction Of Berkshire Stock Or ‘Stack Sats’
Bitcoin Price Skyrockets $500 In Minutes As Bakkt BTC Contracts Hit Highs
Bitcoin’s Irreversibility Challenges International Private Law: Legal Scholar
Bitcoin Has Already Reached 40% Of Average Fiat Currency Lifespan
Yes, Even Bitcoin HODLers Can Lose Money In The Long-Term: Here’s How (#GotBitcoin?)
Unicef To Accept Donations In Bitcoin (#GotBitcoin?)
Former Prosecutor Asked To “Shut Down Bitcoin” And Is Now Face Of Crypto VC Investing (#GotBitcoin?)
Switzerland’s ‘Crypto Valley’ Is Bringing Blockchain To Zurich
Next Bitcoin Halving May Not Lead To Bull Market, Says Bitmain CEO
Bitcoin Developer Amir Taaki, “We Can Crash National Economies” (#GotBitcoin?)
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Nearly $10 Billion In BTC Is Held In Wallets Of 8 Crypto Exchanges (#GotBitcoin?)
SEC Enters Settlement Talks With Alleged Fraudulent Firm Veritaseum (#GotBitcoin?)
Blockstream’s Samson Mow: Bitcoin’s Block Size Already ‘Too Big’
Attorneys Seek Bank Of Ireland Execs’ Testimony Against OneCoin Scammer (#GotBitcoin?)
OpenLibra Plans To Launch Permissionless Fork Of Facebook’s Stablecoin (#GotBitcoin?)
Tiny $217 Options Trade On Bitcoin Blockchain Could Be Wall Street’s Death Knell (#GotBitcoin?)
Class Action Accuses Tether And Bitfinex Of Market Manipulation (#GotBitcoin?)
Sharia Goldbugs: How ISIS Created A Currency For World Domination (#GotBitcoin?)
Bitcoin Eyes Demand As Hong Kong Protestors Announce Bank Run (#GotBitcoin?)
How To Securely Transfer Crypto To Your Heirs
‘Gold-Backed’ Crypto Token Promoter Karatbars Investigated By Florida Regulators (#GotBitcoin?)
Crypto News From The Spanish-Speaking World (#GotBitcoin?)
Financial Services Giant Morningstar To Offer Ratings For Crypto Assets (#GotBitcoin?)
‘Gold-Backed’ Crypto Token Promoter Karatbars Investigated By Florida Regulators (#GotBitcoin?)
The Original Sins Of Cryptocurrencies (#GotBitcoin?)
Bitcoin Is The Fraud? JPMorgan Metals Desk Fixed Gold Prices For Years (#GotBitcoin?)
Israeli Startup That Allows Offline Crypto Transactions Secures $4M (#GotBitcoin?)
[PSA] Non-genuine Trezor One Devices Spotted (#GotBitcoin?)
Bitcoin Stronger Than Ever But No One Seems To Care: Google Trends (#GotBitcoin?)
First-Ever SEC-Qualified Token Offering In US Raises $23 Million (#GotBitcoin?)
You Can Now Prove A Whole Blockchain With One Math Problem – Really
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$2 Billion Lost In Mt. Gox Bitcoin Hack Can Be Recovered, Lawyer Claims (#GotBitcoin?)
Fed Chair Says Agency Monitoring Crypto But Not Developing Its Own (#GotBitcoin?)
Wesley Snipes Is Launching A Tokenized $25 Million Movie Fund (#GotBitcoin?)
Mystery 94K BTC Transaction Becomes Richest Non-Exchange Address (#GotBitcoin?)
A Crypto Fix For A Broken International Monetary System (#GotBitcoin?)
Four Out Of Five Top Bitcoin QR Code Generators Are Scams: Report (#GotBitcoin?)
Waves Platform And The Abyss To Jointly Launch Blockchain-Based Games Marketplace (#GotBitcoin?)
Bitmain Ramps Up Power And Efficiency With New Bitcoin Mining Machine (#GotBitcoin?)
Ledger Live Now Supports Over 1,250 Ethereum-Based ERC-20 Tokens (#GotBitcoin?)
Miss Finland: Bitcoin’s Risk Keeps Most Women Away From Cryptocurrency (#GotBitcoin?)
Artist Akon Loves BTC And Says, “It’s Controlled By The People” (#GotBitcoin?)
Ledger Live Now Supports Over 1,250 Ethereum-Based ERC-20 Tokens (#GotBitcoin?)
Co-Founder Of LinkedIn Presents Crypto Rap Video: Hamilton Vs. Satoshi (#GotBitcoin?)
Crypto Insurance Market To Grow, Lloyd’s Of London And Aon To Lead (#GotBitcoin?)
No ‘AltSeason’ Until Bitcoin Breaks $20K, Says Hedge Fund Manager (#GotBitcoin?)
NSA Working To Develop Quantum-Resistant Cryptocurrency: Report (#GotBitcoin?)
Custody Provider Legacy Trust Launches Crypto Pension Plan (#GotBitcoin?)
Vaneck, SolidX To Offer Limited Bitcoin ETF For Institutions Via Exemption (#GotBitcoin?)
Russell Okung: From NFL Superstar To Bitcoin Educator In 2 Years (#GotBitcoin?)
Bitcoin Miners Made $14 Billion To Date Securing The Network (#GotBitcoin?)
Why Does Amazon Want To Hire Blockchain Experts For Its Ads Division?
Argentina’s Economy Is In A Technical Default (#GotBitcoin?)
Blockchain-Based Fractional Ownership Used To Sell High-End Art (#GotBitcoin?)
Portugal Tax Authority: Bitcoin Trading And Payments Are Tax-Free (#GotBitcoin?)
Bitcoin ‘Failed Safe Haven Test’ After 7% Drop, Peter Schiff Gloats (#GotBitcoin?)
Bitcoin Dev Reveals Multisig UI Teaser For Hardware Wallets, Full Nodes (#GotBitcoin?)
Bitcoin Price: $10K Holds For Now As 50% Of CME Futures Set To Expire (#GotBitcoin?)
Bitcoin Realized Market Cap Hits $100 Billion For The First Time (#GotBitcoin?)
Stablecoins Begin To Look Beyond The Dollar (#GotBitcoin?)
Bank Of England Governor: Libra-Like Currency Could Replace US Dollar (#GotBitcoin?)
Binance Reveals ‘Venus’ — Its Own Project To Rival Facebook’s Libra (#GotBitcoin?)
The Real Benefits Of Blockchain Are Here. They’re Being Ignored (#GotBitcoin?)
CommBank Develops Blockchain Market To Boost Biodiversity (#GotBitcoin?)
SEC Approves Blockchain Tech Startup Securitize To Record Stock Transfers (#GotBitcoin?)
SegWit Creator Introduces New Language For Bitcoin Smart Contracts (#GotBitcoin?)
You Can Now Earn Bitcoin Rewards For Postmates Purchases (#GotBitcoin?)
Bitcoin Price ‘Will Struggle’ In Big Financial Crisis, Says Investor (#GotBitcoin?)
Fidelity Charitable Received Over $100M In Crypto Donations Since 2015 (#GotBitcoin?)
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Just The Existence Of Bitcoin Impacts Monetary Policy (#GotBitcoin?)
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IRS To Cryptocurrency Owners: Come Clean, Or Else!
Coinbase Accidentally Saves Unencrypted Passwords Of 3,420 Customers (#GotBitcoin?)
Bitcoin Is A ‘Chaos Hedge, Or Schmuck Insurance‘ (#GotBitcoin?)
Bakkt Announces September 23 Launch Of Futures And Custody
Coinbase CEO: Institutions Depositing $200-400M Into Crypto Per Week (#GotBitcoin?)
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Crypto Dusting Attack Affects Nearly 300,000 Addresses (#GotBitcoin?)
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SEC Guidance Gives Ammo To Lawsuit Claiming XRP Is Unregistered Security (#GotBitcoin?)
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US Department Of Commerce Offering 6-Figure Salary To Crypto Expert (#GotBitcoin?)
Mastercard Is Building A Team To Develop Crypto, Wallet Projects (#GotBitcoin?)
Canadian Bitcoin Educator Scams The Scammer And Donates Proceeds (#GotBitcoin?)
Amazon Wants To Build A Blockchain For Ads, New Job Listing Shows (#GotBitcoin?)
Shield Bitcoin Wallets From Theft Via Time Delay (#GotBitcoin?)
Blockstream Launches Bitcoin Mining Farm With Fidelity As Early Customer (#GotBitcoin?)
Commerzbank Tests Blockchain Machine To Machine Payments With Daimler (#GotBitcoin?)
Man Takes Bitcoin Miner Seller To Tribunal Over Electricity Bill And Wins (#GotBitcoin?)
Bitcoin’s Computing Power Sets Record As Over 100K New Miners Go Online (#GotBitcoin?)
Walmart Coin And Libra Perform Major Public Relations For Bitcoin (#GotBitcoin?)
Judge Says Buying Bitcoin Via Credit Card Not Necessarily A Cash Advance (#GotBitcoin?)
Poll: If You’re A Stockowner Or Crypto-Currency Holder. What Will You Do When The Recession Comes?
1 In 5 Crypto Holders Are Women, New Report Reveals (#GotBitcoin?)
Beating Bakkt, Ledgerx Is First To Launch ‘Physical’ Bitcoin Futures In Us (#GotBitcoin?)
Facebook Warns Investors That Libra Stablecoin May Never Launch (#GotBitcoin?)
Government Money Printing Is ‘Rocket Fuel’ For Bitcoin (#GotBitcoin?)
Bitcoin-Friendly Square Cash App Stock Price Up 56% In 2019 (#GotBitcoin?)
Safeway Shoppers Can Now Get Bitcoin Back As Change At 894 US Stores (#GotBitcoin?)
TD Ameritrade CEO: There’s ‘Heightened Interest Again’ With Bitcoin (#GotBitcoin?)
Venezuela Sets New Bitcoin Volume Record Thanks To 10,000,000% Inflation (#GotBitcoin?)
Newegg Adds Bitcoin Payment Option To 73 More Countries (#GotBitcoin?)
China’s Schizophrenic Relationship With Bitcoin (#GotBitcoin?)
More Companies Build Products Around Crypto Hardware Wallets (#GotBitcoin?)
Bakkt Is Scheduled To Start Testing Its Bitcoin Futures Contracts Today (#GotBitcoin?)
Bitcoin Network Now 8 Times More Powerful Than It Was At $20K Price (#GotBitcoin?)
Crypto Exchange BitMEX Under Investigation By CFTC: Bloomberg (#GotBitcoin?)
“Bitcoin An ‘Unstoppable Force,” Says US Congressman At Crypto Hearing (#GotBitcoin?)
Bitcoin Network Is Moving $3 Billion Daily, Up 210% Since April (#GotBitcoin?)
Cryptocurrency Startups Get Partial Green Light From Washington
Fundstrat’s Tom Lee: Bitcoin Pullback Is Healthy, Fewer Searches Аre Good (#GotBitcoin?)
Bitcoin Lightning Nodes Are Snatching Funds From Bad Actors (#GotBitcoin?)
The Provident Bank Now Offers Deposit Services For Crypto-Related Entities (#GotBitcoin?)
Bitcoin Could Help Stop News Censorship From Space (#GotBitcoin?)
US Sanctions On Iran Crypto Mining — Inevitable Or Impossible? (#GotBitcoin?)
US Lawmaker Reintroduces ‘Safe Harbor’ Crypto Tax Bill In Congress (#GotBitcoin?)
EU Central Bank Won’t Add Bitcoin To Reserves — Says It’s Not A Currency (#GotBitcoin?)
The Miami Dolphins Now Accept Bitcoin And Litecoin Crypt-Currency Payments (#GotBitcoin?)
Trump Bashes Bitcoin And Alt-Right Is Mad As Hell (#GotBitcoin?)
Goldman Sachs Ramps Up Development Of New Secret Crypto Project (#GotBitcoin?)
Blockchain And AI Bond, Explained (#GotBitcoin?)
Grayscale Bitcoin Trust Outperformed Indexes In First Half Of 2019 (#GotBitcoin?)
XRP Is The Worst Performing Major Crypto Of 2019 (GotBitcoin?)
Bitcoin Back Near $12K As BTC Shorters Lose $44 Million In One Morning (#GotBitcoin?)
As Deutsche Bank Axes 18K Jobs, Bitcoin Offers A ‘Plan ฿”: VanEck Exec (#GotBitcoin?)
Argentina Drives Global LocalBitcoins Volume To Highest Since November (#GotBitcoin?)
‘I Would Buy’ Bitcoin If Growth Continues — Investment Legend Mobius (#GotBitcoin?)
Lawmakers Push For New Bitcoin Rules (#GotBitcoin?)
Facebook’s Libra Is Bad For African Americans (#GotBitcoin?)
Crypto Firm Charity Announces Alliance To Support Feminine Health (#GotBitcoin?)
Canadian Startup Wants To Upgrade Millions Of ATMs To Sell Bitcoin (#GotBitcoin?)
Trump Says US ‘Should Match’ China’s Money Printing Game (#GotBitcoin?)
Casa Launches Lightning Node Mobile App For Bitcoin Newbies (#GotBitcoin?)
Bitcoin Rally Fuels Market In Crypto Derivatives (#GotBitcoin?)
World’s First Zero-Fiat ‘Bitcoin Bond’ Now Available On Bloomberg Terminal (#GotBitcoin?)
Buying Bitcoin Has Been Profitable 98.2% Of The Days Since Creation (#GotBitcoin?)
Another Crypto Exchange Receives License For Crypto Futures
From ‘Ponzi’ To ‘We’re Working On It’ — BIS Chief Reverses Stance On Crypto (#GotBitcoin?)
These Are The Cities Googling ‘Bitcoin’ As Interest Hits 17-Month High (#GotBitcoin?)
Venezuelan Explains How Bitcoin Saves His Family (#GotBitcoin?)
Quantum Computing Vs. Blockchain: Impact On Cryptography
This Fund Is Riding Bitcoin To Top (#GotBitcoin?)
Bitcoin’s Surge Leaves Smaller Digital Currencies In The Dust (#GotBitcoin?)
Bitcoin Exchange Hits $1 Trillion In Trading Volume (#GotBitcoin?)
Bitcoin Breaks $200 Billion Market Cap For The First Time In 17 Months (#GotBitcoin?)
You Can Now Make State Tax Payments In Bitcoin (#GotBitcoin?)
Religious Organizations Make Ideal Places To Mine Bitcoin (#GotBitcoin?)
Goldman Sacs And JP Morgan Chase Finally Concede To Crypto-Currencies (#GotBitcoin?)
Bitcoin Heading For Fifth Month Of Gains Despite Price Correction (#GotBitcoin?)
Breez Reveals Lightning-Powered Bitcoin Payments App For IPhone (#GotBitcoin?)
Big Four Auditing Firm PwC Releases Cryptocurrency Auditing Software (#GotBitcoin?)
Amazon-Owned Twitch Quietly Brings Back Bitcoin Payments (#GotBitcoin?)
JPMorgan Will Pilot ‘JPM Coin’ Stablecoin By End Of 2019: Report (#GotBitcoin?)
Is There A Big Short In Bitcoin? (#GotBitcoin?)
Coinbase Hit With Outage As Bitcoin Price Drops $1.8K In 15 Minutes
Samourai Wallet Releases Privacy-Enhancing CoinJoin Feature (#GotBitcoin?)
There Are Now More Than 5,000 Bitcoin ATMs Around The World (#GotBitcoin?)
You Can Now Get Bitcoin Rewards When Booking At Hotels.Com (#GotBitcoin?)
North America’s Largest Solar Bitcoin Mining Farm Coming To California (#GotBitcoin?)
Bitcoin On Track For Best Second Quarter Price Gain On Record (#GotBitcoin?)
Bitcoin Hash Rate Climbs To New Record High Boosting Network Security (#GotBitcoin?)
Bitcoin Exceeds 1Million Active Addresses While Coinbase Custodies $1.3B In Assets
Why Bitcoin’s Price Suddenly Surged Back $5K (#GotBitcoin?)
Bitcoin’s Lightning Comes To Apple Smartwatches With New App (#GotBitcoin?)
E-Trade To Offer Crypto Trading (#GotBitcoin)
Bitfinex Used Tether Reserves To Mask Missing $850 Million, Probe Finds (#GotBitcoin?)
21-Year-Old Jailed For 10 Years After Stealing $7.5M In Crypto By Hacking Cell Phones (#GotBitcoin?)
You Can Now Shop With Bitcoin On Amazon Using Lightning (#GotBitcoin?)
Afghanistan, Tunisia To Issue Sovereign Bonds In Bitcoin, Bright Future Ahead (#GotBitcoin?)
Crypto Faithful Say Blockchain Can Remake Securities Market Machinery (#GotBitcoin?)
Disney In Talks To Acquire The Owner Of Crypto Exchanges Bitstamp And Korbit (#GotBitcoin?)
Crypto Exchange Gemini Rolls Out Native Wallet Support For SegWit Bitcoin Addresses (#GotBitcoin?)
Binance Delists Bitcoin SV, CEO Calls Craig Wright A ‘Fraud’ (#GotBitcoin?)
Bitcoin Outperforms Nasdaq 100, S&P 500, Grows Whopping 37% In 2019 (#GotBitcoin?)
Bitcoin Passes A Milestone 400 Million Transactions (#GotBitcoin?)
Future Returns: Why Investors May Want To Consider Bitcoin Now (#GotBitcoin?)
Next Bitcoin Core Release To Finally Connect Hardware Wallets To Full Nodes (#GotBitcoin?)
Major Crypto-Currency Exchanges Use Lloyd’s Of London, A Registered Insurance Broker (#GotBitcoin?)
How Bitcoin Can Prevent Fraud And Chargebacks (#GotBitcoin?)
Why Bitcoin’s Price Suddenly Surged Back $5K (#GotBitcoin?)
Zebpay Becomes First Exchange To Add Lightning Payments For All Users (#GotBitcoin?)
Coinbase’s New Customer Incentive: Interest Payments, With A Crypto Twist (#GotBitcoin?)
The Best Bitcoin Debit (Cashback) Cards Of 2019 (#GotBitcoin?)
Real Estate Brokerages Now Accepting Bitcoin (#GotBitcoin?)
Ernst & Young Introduces Tax Tool For Reporting Cryptocurrencies (#GotBitcoin?)
How Will Bitcoin Behave During A Recession? (#GotBitcoin?)
Investors Run Out of Options As Bitcoin, Stocks, Bonds, Oil Cave To Recession Fears (#GotBitcoin?)
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