This ‘Bitcoin Rabbi’ Wants Your Help to Troll Congress With Kid’s Books

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Rabbi Michael Caras calls himself the “Bitcoin Rabbi” and writes books for children and newbies about the mechanics and importance of Bitcoin. Now, he wants to use those books to educate Congress on the merits of crypto – a goal shared by Blockchain Caucus member Representative Tom Emmer. Emmer, as CCN reported, called on Libra […] The post This ‘Bitcoin Rabbi’ Wants Your Help to Troll Congress With Kid’s Books appeared first on CCN Markets

Stock Market Reverses Gains After Trump Slams Fed

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The Dow Jones and other bellwether stock market indices pared gains on Friday after President Trump slammed the Federal Reserve in a classic morning tweetstorm. Trump Bashes Federal Reserve Trump continued his long streak of Fed-bashing by laying into the central bank for raising interest rates in 2018 amid the stock market’s precipitous downturn. “Had […] The post Stock Market Reverses Gains After Trump Slams Fed appeared first on CCN Markets

Dow Aggressively Rallies as Fed Sharpens Its Rate-Cutting Knife

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The Dow prepared to mount an aggressive recovery on Friday after multiple Fed officials appeared to signal the need for an even larger interest rate cut than Wall Street already expects. The index sped toward a substantial gain in the week’s closing session, even after the Fed clarified that at least one set of those […] The post Dow Aggressively Rallies as Fed Sharpens Its Rate-Cutting Knife appeared first on CCN Markets

Fired Microsoft Geek Allegedly Stole $10 Million With a Bitcoin Mixer

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Ex Microsoft employee Volodymyr Kvashuk was arrested this week amid allegations of digital currency theft to the tune of $10 million. U.S. attorneys for the Western District of Washington suspect the Ukrainian-born resident used a Bitcoin mixer to cover up his tracks. Kvashuk, who was in charge of the companies online sales platform, was entrusted […] The post Fired Microsoft Geek Allegedly Stole $10 Million With a Bitcoin Mixer appeared first on CCN Markets

$8,000 BTC a Buy with $20,000 Bitcoin Price Boom in Play, Says Analyst

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The price of bitcoin has been see-sawing since hitting the $13,000-mark in late June as traders believe that the cryptocurrency could witness a significant pullback in the 30 percent to 40 percent range. But one analyst believes that it would be a good idea to buy bitcoin futures if the crypto asset witnesses such a […] The post $8,000 BTC a Buy with $20,000 Bitcoin Price Boom in Play, Says Analyst appeared first on CCN Markets

Warren Buffett Lost $209 Million By Investing in Amazon Instead of Bitcoin

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In mid-May, Warren Buffett made big news with a major splash into the Amazon equities pool. On May 15th Berkshire Hathaway added Amazon stock to its books for the first time. Berkshire executed a mammoth $904 million acquisition of the retail giant’s shares. That investment has performed well over the last two months. But not […] The post Warren Buffett Lost $209 Million By Investing in Amazon Instead of Bitcoin appeared first on CCN Markets

Crypto Exchange BitMEX Under CFTC Investigation Over US Users: Bloomberg

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The US Commodity Futures Trading Commission (CTFC) has launched an investigation against the cryptocurrency exchange BitMEX, Bloomberg reported today. Probe on US customers According to Bloomberg, BitMEX is not registered in the United States, and the CFTC is probing whether the Seychelles-based crypto exchange has broken the rules by giving access to US users to […] The post Crypto Exchange BitMEX Under CFTC Investigation Over US Users: Bloomberg appeared first on CCN Markets

Court Declares Bitcoin Legal in China as a ‘Virtual Property’

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China is not a bitcoin-friendly country as it has taken a slew of measures to kill the flagship cryptocurrency, which include imposing a blanket ban on all initial coin offerings (ICO) and shuttering crypto exchanges. But the latest order by Hangzhou Internet Court suggests that owning bitcoin is not illegal in China as it gave […] The post Court Declares Bitcoin Legal in China as a ‘Virtual Property’ appeared first on CCN Markets

New Jersey Sues Blockchain Firm for Unregistered $46 Million ICO

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As regulators pine over the safety of Libra, recent crypto-related crimes are sure to keep them on edge. New Jersey Attorney General Gurbir Grewal filed a lawsuit on Wednesday against Princeton-based company, Pocketinns Inc. Pocketinns and their president, Sarvajnya Mada, allegedly failed to register with the Bureau of Securities before selling $400,000 of unregistered securities. […] The post New Jersey Sues Blockchain Firm for Unregistered $46 Million ICO appeared first on CCN Markets