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CFTC Approves New Cryptocurrency Derivatives Platform — Bitnomial to Offer Regulated Bitcoin Futures
21.4.2020
The U.S. Commodity Futures Trading Commission (CFTC) has approved a new bitcoin derivatives trading platform. Bitnomial Exchange will list margined and physically delivered bitcoin futures and options. Besides Bitnomial, the CFTC has only approved a handful of other platforms to offer bitcoin...
Americans Purchase $1,200 Worth of Bitcoin, While 7 Banks Fumble With Stimulus Payments
20.4.2020
For years now, bitcoiners and cryptocurrency proponents have said the antiquated banking system will not continue to survive for very long and the financial system is showing massive cracks these days. The recent stimulus check fiasco is a prime example of the issue, as customers from PNC, JPMorgan...
Cryptocurrency Markets Moved by Regulatory Actions, Federal Reserve Bank Paper Shows
20.4.2020
The Federal Reserve Bank of Dallas has published a paper showing how cryptocurrency markets are affected by crypto regulatory actions. The research also determines whether the authorities have some scope to make cryptocurrency regulation effective. Influencing Cryptocurrency Markets and Prices Last...
America’s Banks Can Simply Bail Themselves Out – Thanks to the Fed’s $27 Trillion Blackrock Deal
20.4.2020
Mainstream media has been awfully quiet about all the fraud and manipulation stemming from the global bureaucracies’ newly enacted covid-19 reaction policies. In the U.S. amid all the commotion and fear, the Federal Reserve granted special powers to the giant private equity firm Blackrock....
Join Bityard’s YouTube Recruitment Competition – Win 38888 XRP
20.4.2020
The new Bitcoin and cryptocurrency contracts exchange Bityard launched in early April 2020. To better spread the word, they are holding a contest for YouTube content creators to showcase their reach and earn some money at the same time. Up to 16,000 USDT in Prizes! As per the terms and conditions...
Making Money on Lockdown: 5 Effortless Ways to Earn Cryptocurrencies Online
20.4.2020
The various government responses to the coronavirus caused a lot of havoc across the global economy and millions of people are now out of work. A number of nation states have not lifted the lockdowns and no one’s really sure when the slew of shutdown industries will open again. While people...
The Stimulus Cover Up: Small Businesses Cheated, Corrupt Covid-19 Stats, Crony Benefits
19.4.2020
Last week thousands of Americans have been reporting that they received their stimulus check, while many people have been having issues with the system. Moreover, the Coronavirus Aid, Relief & Economic Security (CARES) Act has not been able to cover everyone and the Small Business...
Largest US Banks Expect Billions in Loan Losses, Profits Plunge
19.4.2020
Several of the largest U.S. banks have set aside billions of dollars in reserves as they expect massive losses from loan defaults, sending their profits nosediving. Wells Fargo’s first-quarter earnings fell a whopping 90% while JPMorgan Chase’s profit dropped 70%. Bank of America...
South Africa Proposes 30 Rules to Regulate Cryptocurrency
19.4.2020
South Africa’s top financial regulators, including the South African Reserve Bank, have jointly released a policy paper with 30 recommendations for the regulation of cryptocurrency and related service providers. They aim to be in compliance with the cryptocurrency standards set by...
Corona Money Printing Worries – Housing Prices Slide Downwards First Time in 10 Years in Northern Europe
19.4.2020
Real estate price reports from March in northern countries like Denmark and Sweden now show negative developments for the first time in over 10 years. If furloughed workers continue into unemployment, the effects on the housing markets will be even more significant, says Claudia Wörmann...
5 Bitcoin Cash Full Node Teams to Raise Funds With the Noncustodial Flipstarter App
18.4.2020
The creators of the noncustodial funding application, Flipstarter have recently announced there are now five fundraiser campaigns live on the platform for a number of Bitcoin Cash full node projects. The projects full node fundraisers currently hosted on Flipstarter include the Bitcoin Cash Node...
Microbt Reveals Two Next-Generation Mining Rigs With Speeds Up to 112 Terahash
18.4.2020
Competition is heating up in the world of bitcoin mining rig manufacturing. Just recently, the Chinese producer Microbt has announced the launch of the M30S++ miner that processes speeds up to 112 terahash per second (TH/s). The news from Microbt follows Bitmain’s announcement at the end...
Seeking Profits: A Number of Large Crypto Exchanges Are Mining and Staking Digital Assets
18.4.2020
During the last 12 months, large cryptocurrency exchanges have been getting into digital currency staking and creating SHA256 mining operations. Just recently, Binance announced the launch of its mining pool following exchanges like Okex, and Huobi. Alongside this, a great number of crypto...
Crypto Marketplace Purse.io to Dissolve Operations After 6 Years
17.4.2020
On April 17, the crypto firm Purse.io announced the company is planning to dissolve after six years of operation. The marketplace provided incentives for people who wanted the lowest price points by leveraging cryptocurrency solutions. New signups on Purse have been disabled and the company’s...
Bankera Launches Bank Account Alternative Focused on Crypto Businesses
17.4.2020
Bankera, an ambitious project to build a neobank for the digital era, has started to offer payment accounts to individual and business clients as a low-cost, fast and convenient alternative to traditional bank accounts. Individual and business clients who sign up to the service can already enjoy...
Facebook Libra Redesigned: New System and Cryptocurrency to Comply With Regulations
17.4.2020
Facebook’s Libra cryptocurrency project has undergone major changes. A number of key areas have been redesigned, including the payment system, the Libra cryptocurrency, and the addition of new single-currency stablecoins. The changes largely aim to comply with regulatory requirements. Also...
Bitcoin.com’s Market Aggregator Now Features Into the Block Crypto Asset Statistics
17.4.2020
At Bitcoin.com we take pride in providing the best cryptocurrency resources online so people can learn about the great benefits of bitcoin. One particular service we offer is a cryptocurrency market valuation and price data aggregator called markets.Bitcoin.com. This week our team is pleased...
Investments in Grayscale Bitcoin Trust Hit Record High Amid Economic Crisis
17.4.2020
Grayscale Investments has announced the strongest quarter in its history. Investments into the company’s cryptocurrency products, including the flagship Grayscale Bitcoin Trust (GBTC), hit a record high in the first quarter. Of the total investment, 88% comes from institutional investors....
Looming US Real Estate Crisis – Freddie Mac Warns of Housing Market Uncertainty, Homebuilder sentiment Drops 58%
16.4.2020
U.S. real estate agents and lenders are bracing for the biggest housing crash in over a decade. Since the coronavirus spread and the American government shut down the nation’s economy, Freddie Mac’s quarterly real estate report is grim and says the U.S. housing market faces considerable...
IMF Predicts Worst Global Crisis Since Great Depression, Costing $9 Trillion
16.4.2020
The International Monetary Fund (IMF) said the world’s current economic crisis is the worst downturn since the Great Depression, and no country is spared. The IMF estimates that the cumulative loss to global GDP from the pandemic could be around 9 trillion dollars. Also read: IMF Declares...