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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. Also read: Where US Regulators Stand on Cryptocurrency Fed […] The post Fed Research Considers Negative Interest Rates Effective Policy Tool appeared first on Bitcoin News.

How to Trade Crypto in Person Safely

With mainstream exchanges becoming progressively cumbersome due to privacy invasive policy and regulation, some crypto traders are switching to more private, face-to-face trading. While this route isn’t for everyone, and comes with unique risks, it does offer a very real solution to many of the problems plaguing mainstream exchanges currently. The goal of this breakdown […] The post How to Trade Crypto in Person Safely appeared first on Bitcoin News.

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 Name Service Adds Infrastructure for Multi-Currency Support Bitcoin Cash Adoption and […] The post Bitcoin Cash Roundup: Adoption Stories and New Developments appeared first on Bitcoin News.

Circle Drops Poloniex Leaving US Crypto Traders High and Dry

According to a blog post published by Circle, the cryptocurrency firm is releasing its subsidiary exchange Poloniex which is now owned by an “Asian investment group.” The trading platform will become an independent company called Polo Digital Assets, Ltd., and after November 1, 2019, U.S. residents will no longer be able to use the platform. […] The post Circle Drops Poloniex Leaving US Crypto Traders High and Dry appeared first on Bitcoin News.

Russia Blocks 2 Crypto News Websites

Russian authorities have restricted access to a couple of cryptocurrency news outlets. The formal reasons for the censorship move are different in each case but the end result is the same. In both, regulators have acted on the basis of a law that empowers them to block online sources of information that have been banned […] The post Russia Blocks 2 Crypto News Websites appeared first on Bitcoin News.

6 Darknet Markets for the Crypto Curious

If you’ve got a few thousand satoshis burning a hole in your wallet, the darknet beckons. There’s no obligation to spend a single sat while scouring the darker recesses of the web, but it’s nice to know that should you get the urge, your crypto’s good. There are few certainties when shopping on darknet markets […] The post 6 Darknet Markets for the Crypto Curious appeared first on Bitcoin News.

Telegram Offers to Postpone Launch of the TON Network

Telegram, which was surprised with a last minute restraining order on the sale of its tokens in the U.S., is now ready to delay the launch of the TON network until the spring of next year. The company has informed the New York court reviewing the case that it can suspend all operations with grams […] The post Telegram Offers to Postpone Launch of the TON Network appeared first on Bitcoin News.

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 read: Honestnode Founder Discusses the First Stablecoin Built […] The post Ethereum Name Service Adds Infrastructure for Multi-Currency Support appeared first on Bitcoin News.

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 has seen an increase in interest with the company’s physically-settled bitcoin futures product. Also read: Honestnode Founder […] The post CME Bitcoin Futures Sees Institutional Interest and Demand from Asia appeared first on Bitcoin N[..]

Global Crisis Looms as IMF Report Cites Its Own Policy as Dangerous

In a new report by the International Monetary Fund (IMF) entitled “Global Financial Stability Report: Lower for Longer,” the group gives an overview of the current debt-ridden and precarious state of affairs in global economics. Not lost on some economists, however, is the irony that these modern realities are the direct result of policies historically […] The post Global Crisis Looms as IMF Report Cites Its Own Policy as Dangerous appeared first on Bitcoin News.

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 for a different type of bitcoin ETF. […] The post SEC Wants Second Look at Bitwise Bitcoin ETF Proposal appeared first on Bitcoin News.

Alleged Las Vegas Scammer Charged for $11 Million Crypto Binary Options Ponzi

A Las Vegas man is charged with raising at least $11 million from cryptocurrency investors he promised to trade binary options for, and make gains of up to 300%. According to the charges the money was sent from new clients to previous ones in a classic Ponzi scheme manner. Also Read: Binance to Add Bitcoin […] The post Alleged Las Vegas Scammer Charged for $11 Million Crypto Binary Options Ponzi appeared first on Bitcoin News.

SLP Token Ecosystem Built on Bitcoin Cash Continues to Blossom

The Simple Ledger Protocol (SLP) has come a long way since its inception and more than 4,900 SLP tokens have been created to date. During the last few months, SLP usage has grown significantly with people constructing various types of unique ideas that create more use cases for these token concepts. Also read: SEC Commissioner […] The post SLP Token Ecosystem Built on Bitcoin Cash Continues to Blossom appeared first on Bitcoin News.

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 operators. That adds to the […] The post 104 Addresses Hold 70% of Tether, Research Reveals appeared first on Bitcoin News.

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 the benefits and legality of traveling with crypto in lieu of […] The post Bitcoin ATM in Miami Airport Raises Questions About Traveling With Crypto appeared first on Bitcoin News.

Smart Contract Blockchains Are Struggling to Scale

Second generation blockchains were presented as being faster, cheaper, and more scalable than Bitcoin. Third generation chains (basically anything that came after Ethereum) promised even greater optimizations. In the event, these networks have run into the same difficulties as Bitcoin, with competition for scarce resources leading to mounting costs and congestion. To tackle these problems, […] The post Smart Contract Blockchains Are Struggling to Scale appeared first on Bitcoin News.

Binance to Add Bitcoin Cash to Its Decentralized Exchange

Already widely available for trading across the world, bitcoin cash continues to expand into new markets and platforms. The latest venue where users can soon exchange the cryptocurrency is Binance’s decentralized exchange. The system will feature a token pegged to BCH issued on Binance Chain. Also Read: Binance Launches Peer-to-Peer Trading in China Binance DEX […] The post Binance to Add Bitcoin Cash to Its Decentralized Exchange appeared first on Bitcoin News.

‘Why Are You Afraid?’ – Watch Roger Ver Debate Nouriel Roubini on Cryptocurrency

Starting a debate by calling nearly everyone in the room “economically illiterate” doesn’t usually end well for someone attempting to persuade an audience, but that’s just what American economist Nouriel Roubini did on Tuesday, in his debate with Bitcoin.com Executive Chairman Roger Ver. The 40-minute, high-energy volley of arguments and ad homs is as entertaining […] The post ‘Why Are You Afraid?’ – Watch Roger Ver Debate Nouriel Roubini on Cryptocurrency appeared first on Bitcoin News.

Meet Be.cash: An Offline Bitcoin Cash Sending Tool

On October 13, software developer Tobias Ruck showed off a demo of an offline bitcoin cash (BCH) wallet tool called Be.cash. The concept provides individuals with the ability to send and sign a BCH transaction without internet service. Also read: 80% of Crypto Trade Volume Tracked by Blockchain Surveillance Be.cash: A Tool for Sending and […] The post Meet Be.cash: An Offline Bitcoin Cash Sending Tool appeared first on Bitcoin News.

Survey: Chinese Students Want Crypto Jobs, 8% Own Cryptocurrencies

A poll conducted among university students in China indicates that many of them see a bright future for cryptocurrencies in their country. A quarter of the respondents said they would seek employment in the industry that deals with digital assets and related technologies. Approximately one in 12 students already owns digital coins. Also read: Ukraine […] The post Survey: Chinese Students Want Crypto Jobs, 8% Own Cryptocurrencies appeared first on Bitcoin News.

Rare Joint Statement From U.S. Regulators Proves Crypto Centralization Is Here

The U.S. SEC, Fincen and CFTC issued a rare joint statement Friday addressing regulation of “activities involving digital assets.” Citing crypto’s perceived role in money laundering and terrorism, the regulatory power trio prescribed stricter adherence to anti-money laundering (AML) policies and know your customer (KYC) protocols. The statement is a highly visible product of the […] The post Rare Joint Statement From U.S. Regulators Proves Crypto Centralization Is Here appeared first on Bitcoin News.

ICOs Are Dead But ICO Scammers Are Immortal

The initial coin offering may have all but died, but the ICO scammer marches on regardless. Whereas legitimate projects have to wrangle with all kinds of challenges including the strength of the market, generating value for investors, creating a real product and actually delivering on the promises they make, the soulless scammer is unencumbered by […] The post ICOs Are Dead But ICO Scammers Are Immortal appeared first on Bitcoin News.

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, the firm Ciphertrace announced that it’s now tracking 700 cryptocurrencies providing “visibility into 87% of […] The post 80% of Crypto Trade Volume Tracked by Blockchain Surveillance appeared first on Bitcoin News.

Where US Regulators Stand on Crypto Assets

The U.S. has many regulators responsible for overseeing different aspects of crypto assets, each with its own stance on how they should be regulated. Major regulators in the U.S. with strong opinions on cryptocurrency include the SEC, the CFTC, the Federal Reserve, Fincen, and the IRS. Also read: Tax Guide: What Crypto Owners Should Know […] The post Where US Regulators Stand on Crypto Assets appeared first on Bitcoin News.

G20 Informed Stablecoins Could Pose Financial Stability Risk

The Financial Stability Board has informed the G20 finance ministers and central bank chiefs of the risks stablecoins could pose to financial stability. Unlike crypto assets which do not pose financial stability risk at this time, stablecoins could pose a host of challenges. Also read: Unicef Launches Cryptocurrency Fund Financial Stability Risk The Financial Stability […] The post G20 Informed Stablecoins Could Pose Financial Stability Risk appeared first on Bitcoin News.

CoinEx Chain Elects New Node Partners

Hosted by CoinEx Chain Foundation, “CoinEx Chain Global Nodes Election Launch Conference” was successfully held in Shenzhen on Oct 16. The conference marked the official launch of CoinEx Chain’s nodes election. More than 500 blockchain practitioners, including investors, KOLs, technical and financial experts, as well as top institutions and medias attended the conference to witness the important milestone of CoinEx Chain. The post CoinEx Chain Elects New Node Partners appeared first on Bitcoin News.

10 of the Best Telegram Crypto Channels

Telegram’s token might have received short shrift from the SEC, but its messaging app has been embraced everywhere by everyone. 300 million users attest to the success of Pavel Durov’s end-to-end encrypted platform, which has become a mainstay of the crypto community. On the rare occasions when Telegram experiences an outage, there is a discernible […] The post 10 of the Best Telegram Crypto Channels appeared first on Bitcoin News.

Street Artist Pascal Boyart Helps Venezuelan Creators Earn Crypto

Crypto-passionate street artist Pascal Boyart, well known in the space for being the first artist in his style to affix Bitcoin QR codes to his work, is now helping Venezuelan muralists and creators earn crypto. The Paris-based “Pboy,” also famous for hiding BTC in his graffiti-meets-classic-art murals, has teamed up with local organization Satoshienvenezuela, creating […] The post Street Artist Pascal Boyart Helps Venezuelan Creators Earn Crypto appeared first on Bitcoin News.

Telegram Awaits Court Hearing on SEC Case Against Its Token Sale

Telegram, the most popular messenger in the crypto community, is facing challenges surrounding the launch of its TON blockchain. Following an intervention by the U.S. securities regulator, a court hearing on the sale of the native gram tokens is scheduled to take place a week before the network was expected to go live. Also read: […] The post Telegram Awaits Court Hearing on SEC Case Against Its Token Sale appeared first on Bitcoin News.

Bitcoin’s Smallest Unit ‘Satoshi’ Added to Oxford English Dictionary

Oxford University Press published its recent quarterly report which revealed the term ‘satoshi’ was added to the Oxford English Dictionary (OED) database. The word represents the “smallest monetary unit in the Bitcoin digital payment system,” according to the definition. Also Read: The Fed Plans to Inject $60 Billion per Month Into the Economy Satoshi, the […] The post Bitcoin’s Smallest Unit ‘Satoshi’ Added to Oxford English Dictionary appeared first on Bitcoin News.

Europol Predicts Rise of ‘Criminal’ Crypto Exchanges in Digital Underground

Is the current industry landscape, where centralized exchanges dominate cryptocurrency trading volumes, about to change in the coming years? Europol predicts that international regulatory demands for identity verification on established venues will push privacy concerned traders into so-called ‘criminal’ services in the digital underground. Also Read: Berlusconi Admins Disappear — Darknet Users Rush to Find […] The post Europol Predicts Rise of ‘Criminal’ Crypto Exchanges in Digital Underground appeared fir[..]

Bitcoin Is a Weapon for Free Speech in the Face of Government and Corporate Censorship

The latest skirmishes in the bruising trade war between the U.S. and China have led to the unlikely politicization of the NBA. But how did the views of a basketball executive become such a political football? And what does China’s ideological commitment to censorship say about the value of free speech and of free speech […] The post Bitcoin Is a Weapon for Free Speech in the Face of Government and Corporate Censorship appeared first on Bitcoin News.

Indian Supreme Court Postpones Crypto Case to November

The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case today. Also read: RBI Ban Stops Indian Police […] The post Indian Supreme Court Postpones Crypto Case to November appeared first on Bitcoin News.

Diversified Crypto Fund Receives FINRA Regulatory Approval

Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund. The product, which is the firm’s only diversified offering, invests in five main cryptocurrencies. In addition, the firm offers nine single-asset investment funds, some of which are also quoted publicly. Also read: 7 Crypto Exchange-Traded Products Now Live on Swiss […] The post Diversified Crypto Fund Receives FINRA Regulatory Approval appeared first on Bitcoin News.

The Fed Plans to Inject $60 Billion per Month Into the Economy

On October 11, the U.S. Federal Reserve explained that it would inject more easing into the economy by purchasing Treasury bills at an initial $60 billion per month for the next two months. The purchasing rate could decrease or increase, but the central bank expects the easing plan to last until at least Q2 2020. […] The post The Fed Plans to Inject $60 Billion per Month Into the Economy appeared first on Bitcoin News.

Berlusconi Admins Disappear — Darknet Users Rush to Find Alternatives

The darknet marketplace Berlusconi Market has been reportedly down for more than two weeks, according to users who patronize the hidden website. The outage has led many to believe the market administrators exit scammed with all the funds. While others speculate that government agents have infiltrated Berlusconi Market as there are no signs of the […] The post Berlusconi Admins Disappear — Darknet Users Rush to Find Alternatives appeared first on Bitcoin News.

Tax Guide: What Crypto Owners Should Know

With the rise in price and the growing adoption of cryptocurrencies, more governments worldwide have been ramping up efforts to tax them. Some countries are using extreme measures to get their hands on this new source of untapped revenue, but there are also tax-friendly countries that are not taxing crypto transactions. Furthermore, many tools exist […] The post Tax Guide: What Crypto Owners Should Know appeared first on Bitcoin News.

IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR

Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD. In short, should these fail, central banks and their governments retain […] The post IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR appeared first on Bitcoin News.

More Nations Join the Club of Crypto-Friendly Jurisdictions

Regulatory barriers are a major concern for businesses working with decentralized assets. Not all governments, however, are putting obstacles in front of crypto companies. In fact the number taking a crypto-friendly stance is in fact increasing. Also read: Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky Executives View Regulations as the Biggest Threat Government […] The post More Nations Join the Club of Crypto-Friendly Jurisdictions appeared first on Bitcoin News.

Android Tool Lets You Check Crypto Payment Apps for Double-Spends

The risk of double-spending has traditionally been a major obstacle to creating and fully using digital money. A flaw of this kind would be detrimental to the credibility of any system claiming to provide universal solutions to the financial needs of our era. Whoever created Bitcoin elegantly solved the difficult task, but a growing ecosystem […] The post Android Tool Lets You Check Crypto Payment Apps for Double-Spends appeared first on Bitcoin News.

Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin

The BCH-centric web portal Bitcoinbch.com published an in-depth report that shows the aggregate of cryptocurrency expenditure for Australian retail businesses. According to the 10-page document, BCH transactions in the country exceed BTC transactions by a wide margin and BCH is the top digital currency in Australia. Also read: Bitcoin Cast Program Gives Guests a Unique […] The post Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin appeared first on Bitcoin News.

Coinbase Receives E-Money License From the Central Bank of Ireland

Coinbase has secured a new legal foothold in Europe. The San Francisco-based cryptocurrency exchange has received an e-money license from the Bank of Ireland, which it can potentially use to continuing serving its customers across the continent, in case Brexit causes any disruptions. Also Read: Gartner: Corporate Blockchain Won’t Take Off for Another Decade Coinbase […] The post Coinbase Receives E-Money License From the Central Bank of Ireland appeared first on Bitcoin News.

Dutch National Bank Says Gold Can Re-Start Economy in Case of Total Collapse

An article found on the De Nederlandsche Bank (DNB) website has surprised many in the crypto space, with its bold claim that “If the entire system collapses, the gold stock provides a collateral to start over.” While proclamations of this nature are nothing new, it is strange to see a mainstream financial institution open up […] The post Dutch National Bank Says Gold Can Re-Start Economy in Case of Total Collapse appeared first on Bitcoin News.

Bitcoin Cast Program Gives Guests a Unique SLP Token

Bitcoin Cash has been around for quite some time, but lots of individuals are still learning about the innovative technology each and every day. One particular way people can be kept up to date with crypto-related news and learn about the benefits of Bitcoin Cash (BCH) is through podcasts and streaming media. The Bitcoin Cast […] The post Bitcoin Cast Program Gives Guests a Unique SLP Token appeared first on Bitcoin News.

6 Monitoring Websites That Help Track Bitcoin Cash Data

When it comes to cryptocurrency networks and markets, there’s a lot to keep track of. Thankfully there’s also now a bunch of dedicated bitcoin cash (BCH) data websites that provide easy to comprehend visual representations of network statistics and market indicators. Also read: Slovenia Has the Most BCH-Accepting Physical Locations Worldwide Monitoring BCH Network Statistics […] The post 6 Monitoring Websites That Help Track Bitcoin Cash Data appeared first on Bitcoin News.

IRS to Require 150 Million Tax Filers to Disclose Crypto Dealings

The U.S. Internal Revenue Service (IRS) has unveiled a new draft tax form used by some 150 million people in the country to file tax returns. It has a section that requires them to answer whether they have received, sold, sent, exchanged, or acquired any financial interest in any cryptocurrencies during the year. Also read: […] The post IRS to Require 150 Million Tax Filers to Disclose Crypto Dealings appeared first on Bitcoin News.

Visa, Mastercard, Ebay, Stripe Join Paypal in Leaving Libra

Most payment companies have now pulled out of Facebook’s Libra project. Visa, Mastercard, Ebay, and Stripe have followed Paypal in dropping out of the project amid regulatory concerns. The Libra Association has responded to the exodus of these companies. David Marcus, who is in charge of the project, calls it “liberating.” Also read: European Countries […] The post Visa, Mastercard, Ebay, Stripe Join Paypal in Leaving Libra appeared first on Bitcoin News.

Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky

The new administration in Kiev, headed by the young president Volodymyr Zelensky, has brought renewed interest in cryptocurrencies. Fresh energy is now being injected into efforts to legalize decentralized digital money and regulate related economic activities. New draft laws have been proposed or are under preparation to accommodate the nascent industry, from which the Ukrainian […] The post Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky appeared first on Bitcoin News.

5 of the Best Crypto Swapping Services

Creating an exchange account, signing in and placing an order every time you want to switch cryptos is like using a sledgehammer to crack a walnut. It’s an incredibly inefficient way to jump between cryptos, and given that no exchange has all the coins, it necessitates creating multiple accounts, with the added verification and security […] The post 5 of the Best Crypto Swapping Services appeared first on Bitcoin News.

Slovenia Has the Most BCH-Accepting Physical Locations Worldwide

Bitcoin Cash (BCH) merchant adoption continues to grow, but in certain regions worldwide like Australia, Japan, and New Hampshire, BCH acceptance is swelling. As each area pursues BCH adoption in a variety of unique ways, the Republic of Slovenia has seen massive retail approval as the payment processor Eligma has relentlessly spread crypto awareness throughout […] The post Slovenia Has the Most BCH-Accepting Physical Locations Worldwide appeared first on Bitcoin News.