JPMorgan, Bank of America, Deutsche Bank Predict Major Recession In his annual letter to shareholders published this week, JPMorgan Chase CEO Jamie Dimon outlined measures the bank has taken to prepare for the “actual new crisis.” Dimon admitted, “We do not know how this crisis will ultimately end, including how long it will last, how… Continue reading JPMorgan Chase CEO: ‘We Cannot Be Immune’
Tag: Bitcoin -cash
50% of Miners Polled Believe Bitcoin Will See a Price Increase After the Next Halving
Survey Shows 50% of Miners Expect a Price Increase When Satoshi Nakamoto designed the Bitcoin network, he created a system that cuts the block reward in half every 210,000 blocks (4 years). The infrastructure is predictable by design and we know that the BTC inflation rate will drop from 3.6% to 1.8% per annum after the halving in 32… Continue reading 50% of Miners Polled Believe Bitcoin Will See a Price Increase After the Next Halving
Investment Scheme Uses Prince Harry and Meghan Markle to Attract Investors
Wanna Make $1 Million in 2 Months Like Prince Harry and Meghan Markle? It’s a Scam There is an increasing number of bitcoin investment schemes promising income that sounds too good to be true. Among the tactics they use is celebrity endorsement. On Thursday, British media reported that a scam called Bitcoin Evolution is using… Continue reading Investment Scheme Uses Prince Harry and Meghan Markle to Attract Investors
The Bitcoin Fund Trading on TSX Exchange
The Bitcoin Fund Completes IPO Canadian investment fund manager 3iq Corp. announced on Thursday that The Bitcoin Fund has completed an initial public offering (IPO) and merged with 3iq Bitcoin Trust. Consequently, The Bitcoin Fund now has 1,491,800 outstanding class A units representing the total asset of approximately US$14 million. The class A units are… Continue reading The Bitcoin Fund Trading on TSX Exchange
Hundreds of Personal Protective Equipment Listings Can be Found on the Darknet
Hundreds of Darknet Listings Are Selling Masks and PPE Products for Bitcoin Medical equipment is being traded-in dark markets. A large number of PPE resources are sold for bitcoin and other digital assets. The blockchain forensics firm Elliptic recently published a report called “How Darknet Markets Are Exploiting the Coronavirus Pandemic,” which describes the situation in… Continue reading Hundreds of Personal Protective Equipment Listings Can be Found on the Darknet
Bitcoin’s Price Could Reach $1 Million
Virgin Galactic’s Chamath Palihapitiya: Bitcoin Could Go to $1 Million, Everybody Should Own Some Chamath Palihapitiya, the chairman of Virgin Galactic and founder of investment firm Social Capital, recently discussed bitcoin and how to invest during the current financial crisis. In a podcast interview published last week with Morgan Creek Digital co-founder Anthony Pompliano, Palihapitiya… Continue reading Bitcoin’s Price Could Reach $1 Million
Gold-Backed Crypto Assets Shine
5% Over Spot: Gold-Backed Tokens Tether Gold and Digix Sell for Higher Premiums Crypto assets are doing well on Tuesday following the rebound equity markets saw the day prior. In addition to digital currency markets, precious metals have been rising on April 7 as well. At the time of publication, the price of gold per… Continue reading Gold-Backed Crypto Assets Shine
Sweden’s actions in the global crisis of Coronavirus
The Swedish Central Bank Has Fired Up the Printing Presses The Swedish central bank, Riksbanken, the world’s oldest-running operation of its kind, has predictably responded to the crisis by starting the printing presses. They’ve promised banks a 500 billion SEK ($55 billion) credit line to “grease” the wheels, making sure there is enough liquidity in the system.… Continue reading Sweden’s actions in the global crisis of Coronavirus
Traders ‘Buck the Trend’ Pushing Crypto Market Cap Above $200 Billion
Top Ten Crypto Assets Gain 4-14% in the Last 24 Hours During the last few weeks, digital currency proponents and crypto traders have been wondering what will happen to bitcoin and the slew of other coins in the crypto industry. For instance, the entire cryptocurrency market capitalization lost a whopping $44 billion on March 12,… Continue reading Traders ‘Buck the Trend’ Pushing Crypto Market Cap Above $200 Billion
Robert Kiyosaki: Dollar Is Dying, Buy Bitcoin
Take Free Government Money and Buy Bitcoin The author of Rich Dad Poor Dad has chimed in on the impact of the free money the U.S. government is giving to small business owners on the U.S. dollar. From his Twitter account with over 1.3 million followers, he wrote on Saturday: “Death of dollar. People desperate… Continue reading Robert Kiyosaki: Dollar Is Dying, Buy Bitcoin
$100K Raised for Bitcoin Cash Privacy
Cashfusion Provides Greater Privacy Than Traditional Coinjoin Protocols Cashfusion has been considered a powerful tool when it comes to obfuscating bitcoin cash transactions and ensuring privacy. The project made a lot of headway last year and into the new year as well as 3,139 Fusions have been processed since November 28, 2019. Furthermore, Cashfusion has… Continue reading $100K Raised for Bitcoin Cash Privacy
11 Class-Action Lawsuits Filed Against Cryptocurrency Companies
The Crypto Industry’s “Litigation Boutique” Files 11 Class-Action Lawsuits Against Various Digital Currency Firms The New York law firm Roche Cyrulnik Freedman has been busy, as the attorneys have multiple high-profile lawsuits right now that stem from the crypto industry. The publication Bloomberg Law recently called the firm a “litigation boutique” that specializes in cryptocurrency… Continue reading 11 Class-Action Lawsuits Filed Against Cryptocurrency Companies
Cryptocurrency Exchanges Lower Their Fees
Indian Crypto Exchanges Cutting Fees The Indian crypto sector has been growing ever since the Supreme Court of India lifted the banking ban imposed by the Reserve Bank of India (RBI). More people are now interested in bitcoin and other cryptocurrencies. local crypto exchanges are seeing increased trade volumes and signups. One of the main… Continue reading Cryptocurrency Exchanges Lower Their Fees