TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. Federal Reserve to add $500 billion in liquidity to financial institutions. Coinbase executive chosen as COO of the US Office Comptroller of the Currency. Zimbabwe to regulate cryptocurrencies. BitMEX updates users on March 13 downtime.…
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After chopping interest rates to near zero and announcing a massive $700 billion quantitative easing (QE), the Jerome Powell-lead bank has now said it will
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Responding to the repeal of what many dubbed a blanket “Bitcoin ban” in India, cryptocurrency giant Binance and local exchange startup WazirX have joined hands to invest a large sum of capital into Indian blockchain startups. Meet the “Blockchain For India” Fund Announced in a blog post…
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As Bitcoin’s price stabilizes after a weekend of bloodletting, experts share three outlooks for how Bitcoin will perform in the wake of the coronavirus.
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The Dow Industrial Jones Average nosedived in its largest single-day point drop in history, down 13% or nearly 3,000 points. The market sell-off from last week continued, unfazed by the Federal Reserve’s aggressive intervention on Sunday – slashing interest rates to near zero in an effort to…
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Money Talks 3W e recently issued a survey titled How Well Do Americans Understand Money? to 1,000 Americans to gauge their overall knowledge of the nation’s financial system. If our survey’s respondents are even moderately representative of the population at large (and we have a feeling that they…
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By Cryptomine on The CapitalThough crypto mining is associated with decentralized principles and non-renewable energy consumption, it’s going to become more centralized and environmentally friendly over time. Research from CoinShares shows that about 70% of mining is already happening with renewables.We have a clear vision of crypto mining’s…
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Fears for global economy spread like wildfire, fin markets respond accordingly — BTC, ETH, LTC Price Analysis, 16 Mar, 2020By Bitvalex on The CapitalThe last few weeks have been the worst for the financial markets since the global financial crisis of 2008. For instance, the US stock market index S&P 500…
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So, just in case you haven’t heard the big news, gold’s market capitalization shed hundreds of billions of dollars in just a single day yesterday. That shows even the planet’s ‘safe haven’ asset is no longer safe from the global slowdown caused by the Wuhan coronavirus. Meanwhile,…
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Worries about the spread of the coronavirus continue to hammer global equities, with the Dow Jones Industrial Average dropping 2,997 points, or 12.9% on Monday, and the S&P 500 Index plummeting 12%. As the US stock market wallows in freefall, Bitcoin (BTC) is showing signs of relative…
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