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United States National Debt Hits 23 Trillion — Over $1M Per Bitcoin
2.11.2019
The United States’ national debt per citizen is now nearly $70,000 for a total of over $23 trillion
U.S. Congressman Tom Emmer Announces Plan to Launch a New Bill For Cryptocurrencies and Other Evolving Technologies
31.10.2019
Tom Emmer, the U.S Congressman’s recent announcements concerning the introduction of new legislation during the hearing of the House Financial Services Committee, has created a lot of buzz in the digital currency domain. The dignitary stated that the legislation would provide the necessary aid...
The Federal Reserve Makes a Big Move Into the US Treasury Bill Market
23.10.2019
The United States Federal Reserve is all set to wade into the US Treasury Bill market in a big way and could end up owning as much as 12% of the existing market. The estimates have been provided by forecasting firm Oxford Economics. Considering the current threats to the economy and dangers of...
Is It Possible for Bitcoin to Replace Government-backed Fiat Currencies?
22.10.2019
We are currently witnessing an age of unusual things and revolutions, where people talk to computers and software more than they do with humans, where skyscrapers are becoming more common than green patches, and where fights against government suppression have reached new heights. In such times...
Fed’s Push for a Faster Payment System Could Create Difficulties for the Small Banks
21.10.2019
On Monday, the Federal Reserve Board announced that it is planning for a fast payment service known as FedNow. It is going to be a payment service that will facilitate and settle payments in real-time. Considering the way in which Fintech has grown, it is only natural that the Federal Reserve...
BMW, General Motors, Ford to Start Testing Blockchain Payments in Cars
14.10.2019
Five major automakers — Renault, BMW, General Motors, Ford and Honda — will test a blockchain car identification and payment system
Two US Congressmen Urge the Federal Reserve to Consider Creating a ‘National Digital Currency’
3.10.2019
Members of the United States House of Representatives Financial Services Committee have now started to address the rise of cryptocurrencies. Two of U.S. Congressmen have asked the Federal Reserve of future plans to launch a digital version of the U.S. dollar. In a letter sent on Monday to...
Gold, Not Bitcoin, Is Drawing Haven Demand on US Recession Fears
3.10.2019
The increased likelihood of a U.S. recession has brought a boost to gold prices. For bitcoin, though, it's a different story
SEC Imposes Multimillion Dollar Fine for Unregistered EOS Token Sale
1.10.2019
The United States securities regulator has announced hefty fines for two crypto companies. The penalties have been imposed for EOS’ unregistered token sale and a fraudulent public offering. The Securities and Exchange Commission (SEC) intends to use some of the collected money to indemnify...
NFL Could Pay a Steep Price Owing to US-China Trade War
1.10.2019
The United States-China trade war shows no signs of relenting and in a new development, the National Retail Federation has indicated that it could take a toll on fans of the National Football League (NFL). According to the findings of the National Retail Federation, NFL fans will need to pay a...
Reis Inc Reveals Office Vacancy Rates in United States Rose in Third Quarter
1.10.2019
Office occupancy and its continued rise is a clear indicator of the employment situation in a country, while the rise in vacancy rates is a cause for alarm. According to the latest report from the real estate research outfit Reis, the office vacancy rate in the United States has actually climbed...
American Congressman Resigns Due to ASX Penny Stock Insider Trading Scandal
1.10.2019
In a development that would come as a source of embarrassment for the political establishment in the United States, a Congressman from New York has had to resign over a penny stock insider trading scandal. Chris Collins, who is a Congressman from New York, has resigned after he passed...
Report: LedgerX Claims Ex-CFTC Chairman Stalled Approvals Due to Personal Bias
29.9.2019
Crypto derivatives firm LedgerX alleges that former CFTC chairman Christopher Giancarlo obstructed the approval of its DCO registration due to personal bias
Class Action Complaint Filed Against Patrick Byrne and Overstock.com
29.9.2019
An investor files a class-action lawsuit against Overstock.com and Patrick Byrne for violation of federal securities law
Zuckerberg’s Charm Offensive on Behalf of Libra With US Lawmakers
27.9.2019
Can Zuckerberg’s personal appeals win favor in Washington? “Personal visits absolutely help enhance policies and regulatory decisions,” says Chamber of Digital Commerce policy chief
Gloom on US Stock Market as Trade Tensions Escalate with China
26.9.2019
The trade war between the United States and China has proven to be one of the most significant political, diplomatic, and economic events of the past decade. It has unleashed immense economic uncertainty on most markets across the world and more so, on the stock markets in the two concerned...
Trade Tensions Weigh on the Dollar Despite Recovery From Trump Impeachment News
25.9.2019
On Wednesday, the U. S. Dollar received a major jolt after it emerged that formal impeachment proceedings were about to begin against the United States President Donald Trump. The political development of that sort almost always results in a loss of confidence in a nation, in its economy...
Oil Rises and Shares Drop in Asia Owing to Geopolitical Tensions
23.9.2019
For most of the year so far, the capital markets in different parts of the world have been disrupted by uncertainty due to geopolitical tensions. The biggest geopolitical issue that has spooked the markets for the entire year so far has been the trade war between the United States and China. When...
Ethereum Supporter Steven Nerayoff Gets Arrested For Extortion
20.9.2019
Steven Nerayoff, an early supporter of Ethereum blockchain project and Overstock’s tZero’s former advisor, has been arrested by the U.S law enforcement for extortion. The charges against the official have been announced jointly by the U.S. Attorney for the Eastern District of New York and the FBI’s...
Looming Economic Slowdown Likely to Force FED to Cut Interest Rates
18.9.2019
Over the course of the year, the global economy has given even indications that a slowdown might be looming and naturally, central banks have been urged to cut interests in order to stimulate growth. Many central banks across the world have cut interest rates. Last time around, the United States...