Financial Bazookas Revealed – Market Strategists Believe the Fed Will Purchase Stocks Soon

Bitcoin and cryptocurrencies may be the only free-market assets left not manipulated by central banks like the U.S. Federal Reserve. Since the covid-19 outbreak, the Fed has unleashed a massive arsenal of monetary weapons to combat the effects on the economy. After the significant rate cuts, quantitative easing (QE), and buying mortgage-backed securities, analysts believe the Fed could start purchasing stocks in order to quell the economy. Also read: US Mortgage Industry Could Collapse as Housing Crisis Looms, Experts Say The Fed Is Deploying More Than Just a Monetary Policy…

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Bitcoin Halving Capitulation: ‘Mining Death Spirals Don’t Happen in Real Life,’ Says Report

As the bitcoin halving approaches, crypto-mining ‘death spirals’ and miner capitulation have become prominent topics among digital currency enthusiasts. Despite the trending discussions, Coinshares head of research Christopher Bendiksen published a study that says “[bitcoin] mining death spirals do not actually happen in real life” and the speculation is a “highly theoretical edge case.” Also read: ‘Bull Run May Not Come Immediately After Bitcoin Halving,’ Says Bitmain’s Jihan Wu Bitcoin Halving, Death Spirals, and Miner Capitulation After approximately 210,000 blocks are mined on BTC’s blockchain, the network’s block subsidy halves…

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With Traditional Markets in Turmoil, AlphaPoint Transforms Assets

This is a sponsored article provided by AlphaPoint. In 2013, blockchain technology was in its earliest stages. The Bitcoin white paper, ushering in this underlying technology along with the world’s first cryptocurrency, had been published only five years before and was just beginning to gain traction in the wider world. At this dawning moment, AlphaPoint began its own journey to decentralize assets of all kinds and transform the traditional market into one that is more secure, transparent and suited for the future. AlphaPoint is a white label exchange and brokerage…

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US Mortgage Industry Could Collapse as Housing Crisis Looms, Experts Say

The U.S. mortgage industry faces collapse once again, this time due to the economic consequences following the coronavirus outbreak and massive job losses. Up to 50% of borrowers could default on their mortgage payments, according to industry estimates. Since the stimulus bill signed by President Donald Trump provides relief for homeowners but does not provide relief for the mortgage industry, companies are worried they may go out of business. Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About It Mortgage Industry at Risk The coronavirus…

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What Is Happening to Money?

Money — the magical power it has on people is almost universal. But whether we earn it, spend it or save it, we hardly ever think about the following questions: What is money? Why does it exist? What will money look like in the future? And why should we think too much about it? Our money works. Day in, day out, we use it without much effort. So what’s the problem? As August Friedrich von Hayek pointed out, we humans constantly use things we don’t know anything about. For example,…

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From SARS to COVID-19: Hong Kong’s Path to an Asia Free Health Zone

Bats are a known harbor to a large variety of viruses. Humans rarely interact with bats directly (they are not a common delicacy or pet in China), but other wild animals, such as civets and pangolins, do. Seventeen years before the outbreak of COVID-19, a coronavirus already made the jump to humans, likely starting with a farmer in Guangdong province in Southern China. 2013: SARS In the case of SARS, it remained locally contained until a fishmonger from the Guangdong region was checked into a hospital in the province’s capital…

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23 Approved Cryptocurrency Exchanges in Japan — Number Rises Despite Pandemic

Despite the global coronavirus pandemic, Japan continues to approve more cryptocurrency exchanges to legally operate in the country. The latest one was approved on Monday, bringing the total number of legal crypto exchanges in Japan to 23. Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About It First Approved Crypto Exchange This Year Japan’s top financial regulator, the Financial Services Agency (FSA), registered another cryptocurrency exchange operator on Monday. Japan legalized cryptocurrencies as a means of payment under the amended Payment Services Act back in…

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The Crypto Industry’s $400M Cash and Stock Deal – Binance to Acquire Coinmarketcap.com

The popular cryptocurrency exchange Binance is allegedly in talks with the owners of coinmarketcap.com in hopes of purchasing the website for $400 million. People familiar with the matter explained the acquisition will be announced this week and could be one of the largest procurements in the cryptocurrency and blockchain industry to-date. Also read: Bitcoin Mining Roundup: BTC Regains 100 Exahash, Miners Close Shop, Pre-Halving Shake-Up Binance Will Reportedly Purchase Coinmarketcap.com for $400 Million Binance has grown quite large since launching in 2017 when the global cryptocurrency exchange was founded by…

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5 Tips For Minimizing Your Bitcoin and Crypto Taxes

W2s and 1099s have been sent out and tax season is officially in full swing here in the United States. For those operating in the world of bitcoin or altcoin investing, this time of year can have added stress as reporting gains and losses for your crypto trades can be a cumbersome task. While the reporting can be difficult at times, there are many things you can do to help minimize your bitcoin and other cryptocurrency gains and, in turn, your tax liability. This article discusses a few of these…

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Plugging into C-Lightning: The Future of Lightning Plugins Is Bright

Trying to navigate the different Lightning implementations can be a challenge. Although there were initially three implementations: c-lightning, eclair and lnd, more continue to come out of the woodwork all the time with ptarmigan, rust-lightning and Electrum the most recent to enter the fray. Often, it seems developers and aspiring developers choose to use or contribute to a particular implementation based on the language it is written in. Familiar with Scala? Choose eclair. Excited by the potential of Rust? Choose rust-lightning. However, there are other key considerations such as the…

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