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Fed Research Considers Negative Interest Rates Effective Policy Tool


A research paper published by the Federal Reserve Bank of San Francisco shows how negative interest rates could become an important policy tool for fighting future economic downturns. The paper examines the market response to the introduction of negative interest rates by five major central banks....

Bitcoin Cash Roundup: Adoption Stories and New Developments


Bitcoin Cash (BCH) adoption, development, and participation continue to spread as there’s been a myriad of BCH-related announcements in the last few weeks. Moreover, there’s now over 18 million bitcoin cash in circulation and only three million coins left to mine. Also read: Ethereum...

Bitcoin Loses Track After a Cut by 2.02% Overnight


Bitcoin loses 2.02% over the last 24 hours. The next resistance for BTC may fall at 8107 USD. Bitcoin (BTC) has been through a phase of price correction and over the last 24 hours, it lost 2.02%. The value against USD has now fallen from 8000 USD to 7900 USD. It has been through three … The...

Ethereum Name Service Adds Infrastructure for Multi-Currency Support


On October 16, the Ethereum Name Service (ENS) announced multi-currency support and integration with 15 platforms and wallets. The fusion will provide users with the ability to use a single ENS name across a wide spectrum of crypto applications alongside leveraging a variety of digital assets. Also...

CME Bitcoin Futures Sees Institutional Interest and Demand from Asia


Global markets business CME Group said that institutional interest toward the firm’s Bitcoin futures is thriving and 2019’s third-quarter data showed a record number of open interest. Moreover, despite the lackluster start, the Intercontinental Exchange’s (ICE) Bakkt platform...

Bitcoin Drops Below $8,000 and Touches $7,900


Bitcoin (BTC) price deals with the bear attack The coin touches $7,900 twice in 15 days. Bitcoin has fallen tremendously with its intraday movement today. The price is suffering from a heavy blow. Alongside, there is a slight recovery noted, that might take to $8,000. From the last couple of days...

Does Bitcoin Have Competition?


Every time cryptocurrencies are brought up in conversations, the first thing that comes to one’s mind is bitcoin. And indeed, since the bitcoin came into existence many years ago, there was nothing similar on the market. It entered our lives slowly and left such an impression that no one even...

SEC Wants Second Look at Bitwise Bitcoin ETF Proposal


The U.S. Securities and Exchange Commission (SEC) is reviewing its order issued last week pertaining to a rejected proposal for a bitcoin exchange-traded fund (ETF). The proposal was filed by NYSE Arca for the Bitwise Bitcoin ETF Trust. Meanwhile, the SEC is also evaluating a proposed rule change...

104 Addresses Hold 70% of Tether, Research Reveals


The ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s...

Bitcoin ATM in Miami Airport Raises Questions About Traveling With Crypto


Miami based bitcoin ATM maker Bitstop has recently installed Miami International Airport’s first crypto ATM, according to a press release issued October 15. The installation adds to the 106 machines the company has already placed across the U.S. Further, it raises important questions about...

CFTC Unearths $11M Cryptocurrency Scam, Files Charges


The Commodity Futures Trading Commission (CFTC) of the United States, has declared to file a civil prosecution action against Nevada headquartered Circle Society. CFTC announced yesterday that it was indicting Circle Society and its owner, David Gilbert Saffron, on account of “fraudulent...

80% of Crypto Trade Volume Tracked by Blockchain Surveillance


Ever since governments worldwide started showing adversity toward cryptocurrencies like bitcoin, a few startups have dedicated their business model to blockchain surveillance. Two weeks ago, Chainalysis revealed the company is monitoring 21 different tokens that stem from Ethereum. On Tuesday,...

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