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Gold Price Expected to Rally Despite Concerns About Lockdown 2.0
5.11.2020
Gold industry players say the inevitable printing of new money by the U.S. will lead to an increase in the circulating supply of fiat currency. This increase, in turn, will further dilute the value of U.S. currency and thus diminish its perceived status as the world’s foremost reserve...
Bitcoiner Elected to US Senate: Cynthia Lummis Sees ‘Great Promise’ in Bitcoin
4.11.2020
A bitcoin hodler has won a U.S. Senate seat. Cynthia Lummis is a bitcoin owner who bought her first bitcoin in 2013 because she believes in the economic power of scarcity and the potential for bitcoin to address some of the manipulations in the financial system. Bitcoiner Wins Senate Election...
US Presidential Election Unlikely to Alter Bitcoin’s Path: Analyst
4.11.2020
Crypto analyst George McDonaugh says that the U.S. presidential election is unlikely to change the bitcoin price’s upward trajectory. He draws on a number of fundamental and technical factors to illustrate his point. For example, McDonaugh argues that the recent surge in the price of bitcoin...
SEC Changes Rules, Making Fundraising Easier for Crypto Firms
3.11.2020
The U.S. Securities and Exchange Commission (SEC) has amended some exemption rules, making it easier for crypto companies to raise funds. The rule changes raise fundraising limits for Regulation Crowdfunding, Regulation A, and Regulation D’s Rule 504 offerings. SEC’s New Rules Allow...
Paypal Begins Crypto Service: CEO Reveals Increased Limits, Expansion Plans, Venmo Rollout
3.11.2020
Payments giant Paypal has revealed more details of its new cryptocurrency service. The company is currently rolling out crypto functionality to U.S. customers, after which it will launch the service internationally and on the Venmo platform. Paypal’s CEO Unveils Crypto Plans Paypal CEO...
First Mover: Bitcoin Retreats Before U.S. Election After Dominating Crypto in October
2.11.2020
Bitcoin had an unusually bullish October, with a 29% gain that led the monthly performance ranking of digital assets in the CoinDesk 20
John McAfee Pumps Crypto From Prison, Denies Tax Fraud and Murder Charges
31.10.2020
John McAfee has shared many details about his life in Spanish prison and chances of extradition to the U.S. He additionally claims to have regained control of his ghost cryptocurrency project. Prison Life ‘Is an Adventure’ Former U.S. presidential candidate and antivirus software tycoon...
OCC’s Brian Brooks Against Government Issued Digital Dollar – Supports Regulation of Privately Issued Stablecoins
31.10.2020
The acting director of the U.S. Office Comptroller of Currency (OCC) Brian Brooks says the creation of the U.S. digital dollar is a terrible one because the government is not good at building things. Instead, Brooks believes tech companies, which already possess the know-how, to be in a better...
FTX Increases Trump Futures Margins Before the Election, Biden Futures Lead by 64%
31.10.2020
At the beginning of the year, the trading platform FTX Exchange launched a futures market so people can bet on the U.S. election and created a futures contract token called TRUMP. On Friday, FTX revealed that the exchange is lifting the initial margin requirements to $0.50 for its TRUMP token...
First Mover: Bitcoin Heads for 24% October Gain as U.S. Election Countdown Begins
30.10.2020
Pantera's Dan Morehead looks at negative images of GDP charts and counts words in Satoshi Nakamoto's white paper to chronicle bitcoin's "movement."
Coinbase Launches Cryptocurrency Visa Card in the US
29.10.2020
U.S. customers can now apply for the Coinbase Visa, a card that allows users to spend digital assets anywhere Visa is accepted. In addition to the U.S. launch, Coinbase cardholders will be able to earn up to 4% back in stellar or 1% back in bitcoin. A while back, the San Francisco-based...
Report: 55% of US Investors Show Interest in Bitcoin Investment, Covid-19 Catalyst to Changing Preferences
29.10.2020
A recent survey study reveals that more than half of U.S. investors (55%) have an interest in investing in bitcoin, a figure which is 19 percentage points higher than that of last year. This translates to a potential U.S. market of nearly 32 million bitcoin investor households. According to...
Visa's foray into fintech provokes DoJ antitrust investigation
28.10.2020
U.S. authorities want information from Bain & Co about Visa's Plaid acquisition
Kanye West: Bitcoiners Know the True Liberation of America and Humanity
25.10.2020
U.S. presidential candidate Kanye West professed his respect for bitcoiners during a podcast interview with Joe Rogan. He says bitcoiners “really have a perspective on what the true liberation of America and humanity will be.” Kanye West and Bitcoin Kanye West is one of...
US Government Agencies Propose Changes to Funds Transfer Rules-Seek to Broaden Definition of Money to Include Cryptocurrencies
25.10.2020
The U.S. Federal Reserve Board and Fincen are seeking feedback on their proposal to lower the threshold at which financial institutions must collect and retain information on funds transfers. In their joint notice on the rule change proposal, the two U.S. agencies want a new threshold...
Goldman Sachs to Settle Massive Corruption Case for $2.8 Billion With US Government
22.10.2020
Goldman Sachs has reportedly agreed to settle with the U.S. government over its role in a corrupt Malaysian government investment fund, which is one of the firm’s worst scandals since the financial crisis. In addition, Goldman Sachs previously agreed to pay the Malaysian government billions...
Bitmex Fast-Tracks KYC Program as Regulators Tighten Screws on Anti-Money Laundering Rules
22.10.2020
Bitmex said Wednesday that it is fast-tracking its user verification program in order to comply with regulatory requirements. Users must now be fully verified by Nov. 5, 2020 “to continue trading on the platform,” it said. In a statement, the crypto derivatives exchange stated that...
Brock Pierce: True decentralization is a way off
22.10.2020
True decentralization will take time, U.S. presidential candidate Brock Pierce suggests, citing DeFi as a crucial stepping stone towards this end
Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike
20.10.2020
The U.S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency. According to Biden’s plan, capital gains will be raised from 21% to 39.6% for certain...
US Financial Watchdog Fines Bitcoin Mixer Service for $60 Million
20.10.2020
Larry Dean Harmon, founder and operator of early bitcoin mixing services Helix and Coin Ninja, is being fined $60 million by the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) for allegedly violating anti-money laundering rules. According to documents published Oct. 19...