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US Cash Crisis: Withdrawal Limits Spark Bank Run Fear
18.3.2020
The entire world has been focused on the economy as the coronavirus outbreak has devastated global markets. While stocks, commodities, and barrels of oil plunge in value, there’s been considerable demand for cold hard cash in certain countries. According to reports, Wall Street’s elite...
Gold and Bitcoin Markets Tested, While Central Banks Try to Quell Stock Market Rout
13.3.2020
Central banks worldwide have been bracing for the worst, as the global economy has shuddered over the last seven days. On March 11, the Bank of England slashed rates by 50 bps bringing the base rate down to 0.25%. Meanwhile, Wall Street bankers and U.S. President Donald Trump want the Federal...
You Call That Volatility? Bitcoin Traders Scoff at Wall Street’s Gyrations
9.3.2020
As traditional markets undergo a level of anxiety not seen since the 2008 recession, the cryptocurrency industry showed few existential signs of distress
BitGo Launches Its First Institutional Crypto Lending Service
5.3.2020
Major cryptocurrency firm BitGo launches its first institutional-focused crypto lending service
Wall Street Veteran Aims at Institutional Investors With a New Crypto Bank
25.2.2020
Caitlin Long. Source: A video screenshot, Youtube/ReasonTV
A new crypto-focused bank is set to open in 2021 in the U.S. state of Wyoming in order to provide institutional-level investment infrastructure for cryptoassets, while abiding by strict regulatory requirements.
The company, called Avanti...
‘Central Banking Is Socialism for the 1%’ – Report Cites Wealth Inequality Driven by Stimulus
18.2.2020
For a while now, central banks like the Federal Reserve have been participating in quantitative easing (QE) practices, despite the fact they don’t like to call it QE. Following the massive dollar injections, a recent report from the wealth insights provider Wealth-x details the number...
Bithumb to Get Wall Street-Level Fintech Expertise via New Partnership
17.2.2020
Major South Korean crypto exchange Bithumb to partner with BitMax, accessing the latter’s Wall Street-level fintech expertise
Wendy McElroy: Crypto is Banking for Anarchists and Average People
10.2.2020
“What I love about Bitcoin is that instead of some rich old guy on Wall Street, young poor people are the ones getting rich” —Eric Finman No Longer Is Economic Sovereignty Just for Politicians and Bankers “Cryptocurrency is for the rich”; this pernicious myth causes...
Not Just Ebay, NYSE Owner Intercontinental Exchange Pushes Bakkt to Retail With Latest Acquisition
6.2.2020
The owner of the New York Stock Exchange, Intercontinental Exchange, stunned many on Wall Street recently with a reported takeover bid for e-commerce marketplace Ebay. Now the group is aggressively trying to push its regulated bitcoin derivatives exchange Bakkt into the retail space with its latest...
From Meatspace to Cyberspace: Top Execs Moving From Traditional to Crypto Jobs in 2019
13.1.2020
Top execs from traditional industries made the move to join the blockchain action in 2019
Tesla’s Price Touched the Ace Point on Wall Street at $556
8.1.2020
Analyst Bill Selesky from Argus Research has raised his price target on Tesla from 396 USD to 556 USD recently. This has come after Tesla’s better than expected Q4 performance. As per Bill, the decent increment of deliveries by Tesla in the Q4 is the reason for the recent hike of target price. This...
Fidelity-Backed Startup Fireblocks Is Now Certified Secure by Ernst & Young
20.12.2019
Digital asset security firm Fireblocks has successfully completed a major examination carried out by Big Four auditing firm Ernst & Young
Fidelity-backed Fireblocks In Talks With Potential Wall Street Clients Following EY Accreditation
19.12.2019
Enterprise-focused crypto transaction platform Fireblocks has passed an EY data security audit. Now it can seek clients in traditional finance
The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History
4.12.2019
Since mid-September, the Federal Reserve has injected three trillion U.S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thin air, the central bank still believes repurchase agreements (repos) are needed to tame...
Wall Street Trader: Bitcoin’s Lightning Network ‘Pulled Me in’
19.11.2019
Bond market veteran Nik Bhatia says that with Lightning, Bitcoin has become an unprecedented asset, combining a store of value with medium-of-exchange scale and speed
Making an Audio Waveform Visualizer with Vanilla JavaScript
12.11.2019
As a UI designer, I’m constantly reminded of the value of knowing how to code. I pride myself on thinking of the developers on my team while designing user interfaces. But sometimes, I step on a technical landmine.
A few years ago, as the design director of wsj.com, I was helping to re-design...
Fed Must Launch FedNow Ahead of Facebook’s Libra, Says Gov’t Official
8.11.2019
The Federal Reserve should urgently launch its own real-time payments system ahead of Facebook and Wall Street, says FTC Commissioner
“UAE Can Become the Next Wall Street,” Says Nick Spanos at World Blockchain Summit in Dubai
7.11.2019
Dubai’s third edition of WBS saw more than 50 solution providers from the blockchain and crypto space, gather under one roof to stimulate business opportunities through collaborations in the UAE. The summit hosted top speakers such as Suresh Prabhu, Nick Spanos, Mru Patel, Dr. Marwan Alzarouni,...
Critics Savage Research Paper Alleging Lone Whale Caused Bitcoin’s 2017 Rally
5.11.2019
Crypto commenters have torn into a new research paper alleging a single whale caused bitcoin’s 2017 price rally. The paper, reported prominently in Bloomberg and the Wall Street Journal, has been criticized for failing to understand that mass inflows of tether (USDT) to the cryptoconomy...
The North American Bitcoin Conference Returns
4.11.2019
Pioneers of the global Bitcoin and blockchain community will converge in Miami for a historical conference, continuing to propel cryptocurrency from niche to mainstream. Now in its seventh year, The North American Bitcoin Conference is the longest-running and most attended finance conference...