Google Search Can Predict Bitcoin Price Increases, Study Finds

news A Norwegian savings bank dating back to the mid-1800s has just invested in a cryptocurrency exchange set up by local business magnate Bjørn Kjos. In a press release posted on the Oslo Stock Exchange, Sparebanken Øst said it had taken a 16.3 percent stake in Norwegian Block Exchange (NBX) for 15 million Norwegian krone (around $1.638 million). NBX was…

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Central Banks Cannot Print Jobs: Understanding Real Economic Recovery, Feat. Daniel LacelleA leading economist shares why crisis-time central bank policies are saving zombie companies while hurting small businesses and startups. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS. This…

news A 21-year-old student from the U.S. who stole over $7.5 million in cryptocurrency via SIM-swapping hacks has been sentenced to 10 years in prison. The Santa Clara County’s District Attorney’s Office announced Monday that the thief, Joel Ortiz, had hacked the cellphones of at least 40 individuals. Ortiz was a “prolific” SIM swapper, the…

Aug 6, 2020 at 18:03 UTCUpdated Aug 6, 2020 at 18:15 UTCFederal Reserve Board Governor Lael Brainard (Shutterstock)The Federal Reserve is bullish on technologies that aim to speed payments, and is now rushing to get its own platform, FedNow, up and running. In a Thursday webinar, Federal Reserve Board Governor Lael Brainard said the U.S.…

Jun 5, 2020 at 11:18 UTCUpdated Jun 5, 2020 at 11:20 UTCCredit: Shutterstock/Matej KastelicBullishness Building in Bitcoin Options Market, Data SuggestsOption market traders look to be placing bets for a continued upward move in bitcoin, according to a key metric.  The put-call open interest ratio, which measures the number of put options open relative to…

feature Blogging platform Cent has launched a new feature that allows users to send each other the cryptocurrency ether via chat. Announced Wednesday, the feature enables such payments even without downloading a crypto wallet like MetaMask. “You can just log on with an email, password and phone number,” Cent CEO Max Brody told CoinDesk. Cent…

news A new cryptocurrency exchange service is available on the border between Colombia and Venezuela, and its aim is to help refugees traveling across the Simon Bolivar International Bridge. Visitors are now able to use the point-of-sale service with cryptocurrencies to buy goods. The POS is located in Santander, Colombia, just across the border from…

opinion Ami Ben David is co-founder and managing partner at SPiCE VC, an investor in multiple security token-related companies and co-founder of the Ownera Foundation.  This article first appeared in ‘Institutional Crypto,’ a weekly CoinDesk newsletter focused on the nexus of Wall Street and crypto assets. The opinions expressed in this article are the author’s…