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St. Louis Fed’s James Bullard Thinks Cryptocurrencies are Counterproductive – The Merkle

Not everyone is a big fan of Bitcoin and other cryptocurrencies. This is especially true in the case of government officials and banking experts. The St. Louis Federal Reserve Bank’s James Bullard recently made an interesting comment. In his view, cryptocurrencies oppose the need to create a market-based currency trading system with consistent pricing. James Bullard Dislikes Cryptocurrency It is evident the growth of ...

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Pro-BTC Wall St Analyst Urges Not To Buy Crypto Now, Despite Recent Rally

Nick Colas, the first Wall Street brokerage analyst to cover Bitcoin (BTC) extensively, has urged investors to think twice before entering the crypto market, despite the market’s recent rally, in an interview with CNBC May 4. Colas has a well established reputation among Wall Street professionals, having authored Convergex’s popular Morning Markets Briefing for 14 years. He refuted the idea ...

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Federal Reserve Bank of St. Louis Compares Cash to Bitcoin

To a lot of people, Bitcoin lacks all traits of being or becoming a currency. According to the Federal Reserve Bank of St. Louis, that is not necessarily the case. Surprisingly enough, the institution acknowledges Bitcoin and cash are not all that different in some regards. It is not necessarily a bullish signal, yet still an intriguing train of thought. ...

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St. Louis Fed Sees no Point in Central Banks Creating Monopoly Cryptocurrencies – The Merkle

In the world of cryptocurrency, there is a fair amount of competition as of right now. Until very recently, it seemed central banks would get in on the action as well, yet they have decided not to pursue this option any longer. A new report by the St. Louis Fed states that cryptocurrency developers are “welcome to create anonymous forms of money”. It’s ...

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Visa CFO Loses His S**t on Bitcoin

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Vasant Prabhu, CFO of card leader Visa, can’t seem to come to terms with bitcoin. He didn’t hold back his ire for the decentralized network to the Financial Times, instead pointing to its appeal for “every crook and dirty politician” not to mention clueless speculators. Visa’s Prabhu ...

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Celebrate St. Patrick’s Day | Buy Booze With Bitcoin!

Looking for somewhere to drink on St. Patrick’s Day but all you have is Bitcoin? Look no further! Here are three places that you can use your hard earned Bitcoin to buy booze. The Pembury Tavern – London, England Located in East London, The Pembury Tavern is one of five pubs now accepting Bitcoin in jolly ol’ England. They’re all ...

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New Jersey Demands ICO Endorsed By Steven Seagal To St… | News

New Jersey regulators sent a cease and desist order to organizers of the Initial Coin Offering (ICO) endorsed by Steven Seagal, documents show March 7. The summary order, filed by State of New Jersey Bureau of Securities (BoS), accuses the entities behind Bitcoiin2Gen (B2G) of “fraudulently offering unregistered securities in violation of the Securities Law.” The move comes after US ...

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