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Bitcoin Kicks Off 2020 More Secure Than Ever as Hash Rate Hits Record
2.1.2020
Bitcoin continues to dispel concerns over price as the network hash rate becomes stronger than ever before
Someone Say Bear Market? Bitcoin Sets 3 Huge New Records in 2019
27.12.2019
Bitcoin’s new technical achievements show more than ever that price is not everything
‘Incredible’ Bitcoin Hash Rate Boom Will Destroy Altcoins: Tone Vays
23.12.2019
Bitcoin’s rising dominance will ultimately “destroy” competitors including EOS and Cardano, says Tone Vays
German Banks Increasingly Charging Retail Clients Negative Interest Rates
16.12.2019
A growing number of banks in Germany are charging retail customers negative interest rates, starting with the very first euro deposited into their accounts. At least three German banks are reportedly doing so, with more expected to follow suit in the near future. As the European Central Bank...
The Country With Europe’s Highest Interest Rate Has Cut It 5 Times This Year
14.12.2019
Around half of European countries, over 20, now have 0% interest rates and a few are already in negative territory. Ukraine, which has the highest benchmark interest rate on the continent, has just reduced it again, for the fifth time this year. The race between central banks to cut rates, when...
Mainstream Investment Vehicles Tied to Cryptocurrencies Grow Exponentially
13.12.2019
These days bitcoin and a variety of other digital assets are now being traded as funds and traditional equity holdings. The landscape of crypto investment vehicles has changed significantly as institutional and retail investors don’t need direct exposure to cryptocurrencies in order to invest...
China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan
12.12.2019
China has been confronted with multiple economic and financial problems this year amidst an ongoing trade war with the United States. Authorities in Beijing have been trying to overcome the challenges with administrative measures in what has become a market economy over the years. Inflation of...
Study: China’s BTC Miners Control 66% of Global Hash Rate
11.12.2019
Chinese share of global hash rate hits a new record of 66% since 2017, a new study says
Beam, BCH and Zcash Will Join BTC in Halving Their Mining Rewards
8.12.2019
There’s been a lot of noise about Bitcoin’s halving, set to occur in May, and the effect this will have on price as BTC’s mining reward is slashed. It’s not the only PoW coin gearing up for a major reduction in its emission rate next year, with Bitcoin Cash, Beam, and Zcash...
Banks Are Cutting 75,700 Jobs Worldwide
4.12.2019
Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank...
‘In Small Steps’ China Cuts Benchmark Interest Rates
1.12.2019
Careful not to rush too much with stimulus, the Chinese government nevertheless realizes that its behemoth economy is invariably slowing down. New loan interest rate cuts have been announced recently to encourage bank lending and borrowing in the private sector. With a brewing liquidity crisis...
Bitcoin Mining Difficulty, Hash Rate Up; Miner Capitulation Postponed?
22.11.2019
While the price of Bitcoin (BTC) is dropping, the mining difficulty and hash rate went up. This has led some market observers to believe that we may not see a mass miner capitulation yet.
When the price drops and mining revenues decrease, miners who struggle to earn profits are forced to shut...
Ukraine Plans to Tax Crypto Gains at Low 5% Rate (for a While, Anyway)
20.11.2019
A draft bill setting out how crypto-related income should be taxed in Ukraine would tax gains at 5 percent for the first five years if passed
Real-Time Google Search Results API with serpstack (Sponsored)
19.11.2019
In my early web days, I was interested in scraping and collecting data based on the results of Google searches. Scraping Google was easier in those days but now Google search results are so dynamic that you can’t rely on getting the same HTML or data structure back. Add in CAPTCHAs, rate...
Japan Pushes Cashless Agenda by Rewarding Non-Cash Payments After Tax Hike
15.11.2019
Japan’s recent October sales tax increase took the rate from 8% to 10%, the previous such hike occurring in April of 2014, when the rate was raised from 5%. The increase is accompanied this time around by new government policy which rewards cashless payments by allowing merchants to provide...
Bitcoin Mining Difficulty Sees Biggest 2019 Drop as Hash Rate Spikes
11.11.2019
Bitcoin difficulty drops but hash rate estimate improves
Simple Scraping API with zenscrape (Sponsored)
5.11.2019
So many developers believe that scraping a URL’s content is easy — just a simple curl and you’re done, right? Nope. CAPTCHAs, rate limitations, origin-specific limitations — they make getting content off the web a nightmare. Luckily we now have services like zenscrape which...
CME Group Publishes Bitcoin Options Specifications
2.11.2019
In mid-September, the foreign exchange company CME Group announced the launch of options on its bitcoin futures contracts in Q1 2020, pending regulatory review. CME Group executive Tim McCourt said there was “increasing client demand” for the firm’s bitcoin derivatives and now...
Do You Know the Newspeak of the Looming ‘NIRP’ Economic Meltdown?
1.11.2019
Negative and zero interest rate policy (NIRP and ZIRP) are becoming a new global norm. Endless printing of paper money is said to make economies stronger, while everyday individuals are seeing their savings worth less and less. These policies were traditionally viewed as last ditch, temporary...
More Filthy Fiat: Two Dozen Central Banks Ramp up the Printing Presses
29.10.2019
The global economy seems to be heading toward a financial crisis fueled by central planners that could devastate markets worldwide. This year onlookers are witnessing the largest synchronization of central banks printing massive amounts of fiat or participating in other forms of stimulus....