Auto Added by WPeMatico
After the British pound sterling tapped an all-time low against the U.S. dollar on September 26, the Bank of England (BOE) said it would halt its monetary tightening policy and start buying long-dated bonds again. Approximately two weeks later, the BOE detailed on Monday that it was doubling the size of its debt buy-backs by […]Powered by WPeMatico
Investors avoid risk assets during a crisis, but excessive cash sitting in financial institutions could also be good for the cryptocurrencies.
Powered by WPeMatico
Goldman Sachs reportedly traded digitized treasury bonds for JPM Coin on JPMorgan Chase’s Onyx blockchain platform.
Powered by WPeMatico
Bitcoin bulls ducked for cover as the Federal Reserve started paying interest rate returns on cash deposits via its reverse repurchase program.
Powered by WPeMatico
Homebuyers in the United States have found difficulties acquiring single-family homes after the year-long business shutdowns and lockdowns that followed Covid-19. It seems there’s a new wave of homebuyers in the U.S. real estate market, with buyers stemming from hedge funds, pension funds, clearinghouses, and financial services companies. The weight of real estate property under […]Powered by WPeMatico
The Federal Reserve and America’s big banks have significantly inflated home prices across the U.S. according to a number of statistics. In many towns across the nation, home sales are facing bidding wars and certain regions are seeing property shortages. One report notes that homebuyers are bidding against “pension funds and Wall Street types,” as […]Powered by WPeMatico
On October 23, the Microsoft-owned Github leveraged an ostensible DMCA takedown in order to remove 18 projects from the code-hosting portal. According to sources, the takedown stemmed from a request filed by the Recording Industry Association of America (RIAA). Github’s recent move has made the crypto community quite leery of the platform and some proponents […]
The post Can Github Remove the Bitcoin Codebase? Recent Repository Takedown Has Proponents Worried appeared first on Bitcoin News.
Powered by WPeMatico
On January 13, the New York Federal Reserve gave $60.7 billion to eligible private financial institutions by leveraging U.S. Treasurys and agency securities. With all the stimulus given to financial institutions since September, it hasn’t relieved the stress of economic uncertainty. Now the Fed is pondering giving money directly to hedge funds and private brokers […]
The post Fed Officials Ponder Funding Hedge Funds and Private Brokers Directly appeared first on Bitcoin News.
Powered by WPeMatico
On Saturday June 9, the founder of the bitcoin cash-centric wallet Electron Cash, Jonald Fyookball, revealed that he had created an on-chain betting protocol called Chainbet. The 255 lines of code form a proposal that allows a simple coin flip type of bet, but the software could be designed to handle more complex on-chain betting […]
The post Chainbet Protocol Proposes a Trustless Bitcoin Cash Betting Mechanism appeared first on Bitcoin News.
Powered by WPeMatico
Microsoft’s acquisition of open source code repository Github has provoked protest from members of the crypto community. Developers of bitcoin core and other blockchains have expressed disquiet at the corporate takeover, with several stating their intent to migrate to an alternative platform at the earliest possible convenience. Also read: Crypto Point-of-Sale Devices Begin Roll-Out in Indonesia […]
The post Blockchain Developers Abandon Github Following Microsoft Acquisition appeared first on Bitcoin News.
Powered by WPeMatico