The Fed Plans to Inject $60 Billion per Month Into the Economy

On October 11, the U.S. Federal Reserve explained that it would inject more easing into the economy by purchasing Treasury bills at an initial $60 billion per month for the next two months. The purchasing rate could decrease or increase, but the central bank expects the easing plan to last until at least Q2 2020. … Read more

Berlusconi Admins Disappear — Darknet Users Rush to Find Alternatives

The darknet marketplace Berlusconi Market has been reportedly down for more than two weeks, according to users who patronize the hidden website. The outage has led many to believe the market administrators exit scammed with all the funds. While others speculate that government agents have infiltrated Berlusconi Market as there are no signs of the … Read more

Bitcoin (BTC) Price Hesitates But Fresh Rebound Seems Likely

Bitcoin price is currently trading in a range below the $8,400 resistance area against the US Dollar. The price remains well supported on the downside near $8,200 and $8,150. There is a new breakout pattern forming with resistance near $8,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is … Read more

US Treasury Secretary on Libra Exodus: Crypto Partners Not Up To Par

The golfing analogy was not lost as Facebook gets buried deeper in the digital rough while its crypto project partners run for the hills. In an interview with CNBC yesterday, US treasury secretary Steven Mnuchin said they may have feared heavy regulatory pressure. Threats For Crypto Consortium Speaking on CNBC’s ‘Squawk Box’, Mnuchin stated that … Read more

Crypto Market And Bitcoin Could Rise Steadily: BCH, Litecoin, EOS, XLM Analysis

The total crypto market cap is showing positive signs above the $210.0B support area. Bitcoin price needs to surpass the $8,400 resistance area to continue higher in the near term. Litecoin (LTC) price is still struggling to climb above the key $60.00 resistance area. Bitcoin cash price is slowly rising towards the $235 resistance area. … Read more

CME Group Expanding to Take Advantage of Google Cloud Services

The Chicago Mercantile Exchange (CME) is moving to the Google Cloud to be accessible via anywhere at any time, reports Finance Magnates. Their announcement was made this Monday, with the company claiming it has a partnership with Google Cloud. As you may know, the CME Group provides market information regarding futures and options, and has … Read more

Coinbase Acquires Operating License from the Irish Central Bank

Coinbase, one of the most popular cryptocurrency exchanges in the world, is taking its expansion outside of the United States to new heights.  On October 11, the San Francisco-based crypto exchange announced that it had gotten an e-money license from the Irish government, thus solidifying its presence in the United Kingdom for the foreseeable future.  … Read more

U.S. Regulators Release Joint Statement on Illegal Use Of Cryptocurrencies

Three major financial regulators within the United States have come together to release a statement on cryptocurrencies, with a particular focus on ensuring investor and user protection.  In a joint statement published on October 11, the United States Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CTFC), and the Financial Crimes Enforcement Network (FinCEN) came … Read more

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