A “60 Minutes” episode that aired on Sunday raised eyebrows after the Minneapolis Fed President said that there is an “infinite amount of cash.” This was said as reassurance, but many didn’t interpret it that way. The Federal Reserve has been active trying to calm fears recently…
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A dramatic spike in unemployment claims out of the United States shows how badly the coronavirus outbreak has battered the planet’s largest economy. A massive 3.28 million people filed for jobless support last week alone. The sudden rise in claims is the largest in history. The total…
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U.S. financial markets have completely decoupled from reality. The jobless claims posted today broke all records and exceeded all expectations, but stocks rallied. Expectations for today’s jobless claims numbers were 1.64 million. That would have been impressive in and of itself. The actual number, however, shattered all…
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Zcoin is a cryptocurrency project based on decentralized blockchain technology just like Bitcoin. While retaining all the characteristics of Bitcoin, it ensures full anonymity and security of the user transactions. With that, Zcoin solves a primary weakness of Bitcoin. It addresses the lack of privacy assurance that…
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The U.S. Department of Labor reported a historic jump in the number of Americans seeking jobless benefits this past week. The post US weekly jobless claims soar to over 3.2 million appeared first on The Block.
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With a recent proposal for a digital dollar nearly going to Congress, we take a look at what one might look like.
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Listen now (6 min) | This installment of Off The Chain is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 40,000 other investors today. To investors, The United States economy has been…
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The US accuses Maduro and his associates of conspiring with Colombian rebel group FARC to illegally smuggle cocaine into the US.
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The recent price crash was bad for Bitcoin—and Bitcoin miners. But here are seven ways the network continues to make strong progress.
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“Crypto dad” Christopher Giancarlo’s digital dollar project has named 22 new advisory members and is set to release a white paper in two months. The post Ex-CFTC chief’s digital dollar initiative adds 22 new advisors, will release white paper in the next two months appeared first on…
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