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ECB President Touts Digital Euro, Bashes Bitcoin, Stablecoins
30.11.2020
Christine Lagarde. Source: A screenshot, Instagram/europeancentralbank
As the European Central Bank (ECB) is intensifying its efforts to roll out a digital euro, Christine Lagarde, President of the ECB, is also mounting attacks on bitcoin (BTC), among other cryptoassets and stablecoins.
In...
Christine Lagarde: ‘The European Central Bank Cannot Go Bankrupt or Run Out of Money’
24.11.2020
In remarks that highlight flaws of the fiat currency system, the European Central Bank (ECB) president, Christine Lagarde, says the institution cannot go bankrupt even if it incurs losses running into trillions. According to Lagarde, normal bankruptcy rules do not apply to the ECB primarily because...
New Push for Second Stimulus Checks: Analysts Predict When Another Relief Package Will Pass
16.11.2020
Many Americans are in need of second stimulus checks and a new coronavirus relief package. As Congress resumes stimulus negotiations, President Trump has called for a “big and focused” stimulus bill now. Meanwhile, several analysts have predicted when lawmakers will pass the next...
Printing $1.7 Trillion for Climate Change: How Joe Biden’s Administration Aims to Push the ‘Green New Deal’
13.11.2020
In 2020, the U.S. Federal Reserve has injected an enormous amount of U.S. dollars to special interests in the banking sector in order to combat the economic effects stemming from the coronavirus outbreak. This week the central bank published its financial stability report and the Fed discussed...
EU will decide on digital euro in January 2021: ECB president
12.11.2020
“At that point in time we will make the decision as to whether or not we go forward with the digital euro.”
Blockchain-Backed Election Art Sells for $66K, Animation Changes After Electoral College Decision
11.11.2020
While Americans wait for the official outcome of the electoral college, a blockchain-backed non-fungible token (NFT) called “Crossroad” will change to one of two animations featuring the 45th U.S. President Donald Trump. The animated election-based “Crossroad” NFT recently...
Second Stimulus Checks: When Direct Payments to Americans Will Come Under Joe Biden
9.11.2020
The outcome of the U.S. presidential election is affecting how fast Americans will receive their second stimulus checks. With Joe Biden named the president-elect, Americans are eager to know how soon they will receive the second round of direct payments. When Second Stimulus Checks Are Coming Many...
Bitcoin Unmoved as Joe Biden Announced US President-Elect
7.11.2020
Joe Biden. Source: a screenshot, Instagram/joebiden
On Saturday, after a few nail-biting days of vote-counting, Democratic candidate Joe Biden announced as the winner of the US presidential election, beating Donald Trump. Bitcoin (BTC) price is largely unmoved by the expected news and is trading...
Crypto Impact Unclear After Joe Biden Unseats Donald Trump as Next US President
7.11.2020
Joe Biden’s picks to head key regulatory agencies could redefine cryptocurrency policy in the coming years. Exactly how remains an open question
Mastercard President Says Crypto Patents Will Pay Off When Central Bank Digital Currencies Arrive
2.11.2020
Crypto IP "puts us in a good position" for central bank digital currency, said Mastercard President Miebach
Second Stimulus Checks: When Lawmakers Will Pass Relief Package With Direct Payments to Americans
2.11.2020
Negotiations on a new coronavirus aid stimulus package are still underway as Americans wait to receive their second round of stimulus checks. House Speaker Nancy Pelosi, President Donald Trump, and Senate Majority Leader Mitch McConnell have their own ideas of when the next stimulus package with...
Trump’s Website Hacked, Scam Asked Crypto Owners to Decide Fate of ‘Classified Information’
28.10.2020
President Donald Trump’s campaign website was reportedly hacked Tuesday evening. Hackers claim to have “classified information” about Trump and the origin of the coronavirus. They asked crypto users to decide whether the information should be released or kept secret. Tim Murtaugh...
Kanye West: Bitcoiners Know the True Liberation of America and Humanity
25.10.2020
U.S. presidential candidate Kanye West professed his respect for bitcoiners during a podcast interview with Joe Rogan. He says bitcoiners “really have a perspective on what the true liberation of America and humanity will be.” Kanye West and Bitcoin Kanye West is one of...
Payments Giant Paypal Says Its Customers Can Now Buy and Sell Bitcoin
21.10.2020
Payments giant Paypal says its customers can now buy, sell and hold bitcoin and other virtual coins with the company’s online wallets. The company also says its customers will able to use cryptocurrencies to shop at the 26 million merchants on its network starting in early 2021. A report...
Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike
20.10.2020
The U.S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency. According to Biden’s plan, capital gains will be raised from 21% to 39.6% for certain...
Kyrgyzstan's acting president claims blockchain can ensure fair elections
20.10.2020
Can a technological fix really combat a corruption-ridden political order?
Immediate $1,200 Stimulus Checks: Trump Calls on Congress to Pass Stand-Alone Stimulus Bill Fast
7.10.2020
Congress has been urged to pass a stand-alone stimulus bill to immediately provide Americans with second stimulus checks of $1,200 after talks of approving a larger stimulus package of $2.2 trillion have stalled. New Stimulus Bill for $1,200 Direct Payments to Americans U.S. President Donald Trump...
New Stimulus Checks: Barbara Corcoran Slams Mark Cuban’s Expiry Date Idea, Favors Long-Term Relief
5.10.2020
Famous investor and “Shark Tank” star Barbara Corcoran has criticized Mark Cuban’s “use it or lose it” approach to the second round of stimulus checks for Americans. She also shares her thinking on what’s more important than one-time direct payments. Second...
Venezuela’s State-Run ‘Defi’ Crypto Exchange Goes Live After Maduro’s Anti-Blockade Speech
3.10.2020
Decentralized finance (defi) is allegedly coming to Venezuela after a recent decree from Venezuelan President, Nicolás Maduro and the United Socialist Party of Venezuela. The government recently introduced a defi platform called BDVE that purportedly provides Venezuelan citizens with the means...
Startup Backed by Uber Co-Founder Poaches CoinList President Andy Bromberg
1.10.2020
CoinList co-founder and president Andy Bromberg is leaving the token offering platform to helm Eco, a cryptocurrency built to marry saving and spending in one