No, Walmart Not Accepting Litecoin Payments

Reuters and other entities fell for a spoof ofGlobal Newswire where a brand new account pretending to be Walmart announced they are to accept Litecoin payments starting this October. They faked Doug McMillon, Walmart’s CEO, as stating: “The momentum and excitement around the use of cryptocurrency are undeniable, and we are poised to make online… Continue reading No, Walmart Not Accepting Litecoin Payments

US economy not headed for ‘massive slowdown,' portfolio manager says

US consumers sitting on a ‘ton’ of cash: Portfolio manager Federated Hermes portfolio manager Steve Chiavarone argues the U.S. economy is not headed for a ‘massive slowdown’ because consumers are sitting on a ‘ton’ of cash and are ready to spend it. The U.S. economy is not at risk of a recession, or a "massive… Continue reading US economy not headed for ‘massive slowdown,' portfolio manager says

Russia not ready to accept Bitcoin as legal tender, says Kremlin

Amid El Salvador officially accepting Bitcoin (BTC) as legal tender on Tuesday, Sept. 7, the Russian government has reiterated its negative stance to a scenario where BTC could be accepted as an official currency. Dmitry Peskov, the official representative of Russian President Vladimir Putin, claimed that Russia has no reason to recognize Bitcoin as legal… Continue reading Russia not ready to accept Bitcoin as legal tender, says Kremlin

Traders know not to ‘go long’ when this classic trading pattern shows up

Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to spot descending channel patterns can help traders avoid buying in a bearish trend. A “descending channel,” also known as a… Continue reading Traders know not to ‘go long’ when this classic trading pattern shows up

Leavers’ pride may not endure as Britain’s poverty rises

The emotional three-word catchphrase ‘get Brexit done’ has been replaced by a new one: ‘supply chain issues’ Just how long will it take the electors of this benighted country to realise that they have been conned by the Brexiters? By this I do not mean all the electorate – after all, nearly half those who… Continue reading Leavers’ pride may not endure as Britain’s poverty rises

Stablecoins are assets — not currencies, says ECB president

Christine Lagarde, president of the European Central Bank, said all cryptocurrencies, in which she included stablecoins and speculative assets, “are not currencies at all.” In a Sept. 1 interview with World Economic Forum founder and executive chair Klaus Schwab, Lagarde said cryptocurrencies “present themselves as currencies,” but she still considered them as assets to be… Continue reading Stablecoins are assets — not currencies, says ECB president

Illegal crypto mining not the cause of power shortages in Iran, ministry says

Iran’s Ministry of Industry, Mine and Trade reportedly dismissed claims by leading power company Tavanir that blamed illegal cryptocurrency miners for the ongoing power shortages in the country. According to a report by the Financial Tribune, Alireza Hadi, the ministry’s director of investment and planning, said that the figures announced by Tavanir “seem to be… Continue reading Illegal crypto mining not the cause of power shortages in Iran, ministry says

Analysis: War is over but not Biden’s Afghanistan challenges

WASHINGTON — With the final stream of U.S. cargo planes soaring over the peaks of the Hindu Kush, President Joe Biden fulfilled a campaign promise to end America’s longest war, one it could not win. But as the war ended with a chaotic, bloody evacuation that left stranded hundreds of U.S. citizens and thousands of… Continue reading Analysis: War is over but not Biden’s Afghanistan challenges

Unemployment may not return to Trump lows: Fed official

KC Fed president on Jackson Hole, inflation, tapering measures Kansas City Federal Reserve President Esther George, in a wide-ranging exclusive interview, argued that tapering should happen ‘sooner rather than later’ and predicted ‘high growth’ for the U.S. economy this year. The U.S. unemployment rate may not return to the more than half-century lows recorded under… Continue reading Unemployment may not return to Trump lows: Fed official

The West might not want to recognise the Taliban, but it mustn’t turn its back on Afghanistan

In the early hours of its new rule, the Taliban has said it wants to begin a dialogue with foreign states and has promised not to harm Afghans or limit female liberties. Few believe the hardline group – just witness the chaotic scenes of utter desperation at Kabul airport. Live updates on Afghanistan as Taliban… Continue reading The West might not want to recognise the Taliban, but it mustn’t turn its back on Afghanistan

McConnell warns Dems not to expect GOP support on raising debt limit for ‘socialist shopping list’

More On: mitch mcconnell McConnell slams ‘naive’ Biden for pulling troops as Taliban advances in Afghanistan Republican Study group calls $1T infrastructure deal a ‘Trojan horse’ for Democrats McConnell cautions against ‘artificial timetable’ rushing infrastructure vote Mitch McConnell to pay for pro-vaccine ad blitz to combat ‘bad advice’ Senate Minority Leader Mitch McConnell is warning… Continue reading McConnell warns Dems not to expect GOP support on raising debt limit for ‘socialist shopping list’

Exclusive-U.S. will not lift travel restrictions, citing Delta variant -official

By David Shepardson    WASHINGTON (Reuters) – The United States will not lift any existing travel restrictions "at this point" due to concerns over the highly transmissible COVID-19 Delta variant and the rising number of U.S. coronavirus cases, a White House official told Reuters.    The decision, which comes after a senior level White House meeting late… Continue reading Exclusive-U.S. will not lift travel restrictions, citing Delta variant -official

Most El Salvador Citizens Not Keen on Accepting Bitcoin as Legal Tender

Following the legalization of bitcoin as legal tender in El Salvador, it appears that most of the country’s citizens are not enthusiastic about the government’s move to adopt bitcoin. El Salvadorans Skeptical About Bitcoin According to Reuters on Thursday (July 8, 2021), the thoughts of El Salvadorans about the government’s bitcoin plan were revealed in… Continue reading Most El Salvador Citizens Not Keen on Accepting Bitcoin as Legal Tender

Slow, but not steady: India’s stance on Bitcoin and crypto is evolving

India’s reserve bank has long since condemned the use of cryptocurrencies, but other than the Supreme Court striking down its 2018 bill last year, the Indian government’s stance on cryptocurrencies has been largely uncertain. On one hand, top sources tracking the government’s stance say it has shifted away from the idea of a complete ban.… Continue reading Slow, but not steady: India’s stance on Bitcoin and crypto is evolving

Regulate Not Legalize: Paraguay Clarifies Bitcoin Move

Weeks after El-Salvador set a national record as the first nation to slap a highly-revered legal tender status on Bitcoin, rumors flooded the crypto space after an announcement from the national lawmaker, that Paraguay is next in line to follow suit. The Hagamos Party deputy leader and Paraguayan Lawmaker, Carlos Rajala, who made the announcement… Continue reading Regulate Not Legalize: Paraguay Clarifies Bitcoin Move

GOP not ‘waiting around’ for Dems to investigate COVID origin: Rep. Scalise

GOP not ‘waiting around’ for Dems to investigate COVID origin: Rep. Scalise Steve Scalise, R-LA, questions why Democrats are not using their subpoena power to investigate into the coronavirus origin.   House Minority Whip Steve Scalise, R-La., told "Mornings with Maria" Tuesday that House Republicans are hosting their own investigation into the origin of the coronavirus… Continue reading GOP not ‘waiting around’ for Dems to investigate COVID origin: Rep. Scalise

John McAfee did NOT own condo in collapsed Florida tower despite disturbing conspiracies claiming he stored files there

SOFTWARE pioneer John McAfee did not own an apartment in the Miami apartment block that collapsed on Thursday, it has been revealed. A disturbing conspiracy theory claimed the tech mogul, 75, stored files in a condo of the 12-story tower in Surfside, Florida. A tweet from June 21 that was supposedly shared read: “If anyone… Continue reading John McAfee did NOT own condo in collapsed Florida tower despite disturbing conspiracies claiming he stored files there

BSV is not slowing down: CoinGeek TV premieres with Calvin Ayre and Connor Murray

Day 1 at CoinGeek Zurich conference saw an action-packed agenda of speakers, panel sessions and presentations, covering a mind-boggling array of real-world applications for BSV enterprise blockchain. CoinGeek’s own Charles Miller and Claire Celdran caught up with Calvin Ayre and Connor Murray for the premiere of CoinGeek TV, where they discussed the conference and some… Continue reading BSV is not slowing down: CoinGeek TV premieres with Calvin Ayre and Connor Murray

Biden says the US will not enter lockdown despite COVID delta variant threat

Biden delivers remarks on COVID-19 response President Biden on Friday said the United States will not enter another “lockdown,” despite the “serious and deadly threat” of the delta variant of COVID-19, but he urged unvaccinated individuals to get their shots.  Biden, who spoke at the White House, was asked whether the severity of the new… Continue reading Biden says the US will not enter lockdown despite COVID delta variant threat

Freedom Day will NOT be delayed beyond July 19 and face mask laws WILL be scrapped, Matt Hancock tells MPs

FREEDOM Day will NOT be delayed beyond July 19 and face mask laws WILL be scrapped after that, Matt Hancock told MPs this afternoon. The Health Secretary confirmed that covid regulations and laws would be extended until midnight on July 18. ? Read our coronavirus live blog for the latest updates The laws would then fall… Continue reading Freedom Day will NOT be delayed beyond July 19 and face mask laws WILL be scrapped, Matt Hancock tells MPs

Michael Saylor is not just a Bitcoin maximalist: ‘There’s a place for everybody’

MicroStrategy chief Michael Saylor has room in his heart for other cryptocurrencies aside from Bitcoin, the billionaire revealed on an episode of CNBC’s Fast Money, in which he aired his views on the industry and where he sees things going in the future. In the interview with CNBC’s senior retail reporter Courtney Reagan on Tuesday,… Continue reading Michael Saylor is not just a Bitcoin maximalist: ‘There’s a place for everybody’

Inflationary expectations not built into markets: Art Laffer

Inflationary expectations not ‘built into’ markets: Laffer Former Reagan economist Art Laffer provides insight into the latest inflation numbers.  Former Reagan economist Art Laffer provided insight into U.S. consumer prices rising in May at the fastest annual rate in nearly 13 years. He argued that "inflationary expectations" are not reflected in the bond or gold… Continue reading Inflationary expectations not built into markets: Art Laffer

Paddy Power 'did not really care when dealing with compulsive gambler'

Paddy Power ‘did not really care’ as it offered gambling addict businessman a £20,000 bonus and plied him with ‘lavish’ hospitality at sporting events as he racked up £77,846 in losses on bets totalling £2.3 million, court hears Tony Parente was behaving ‘like a problem gambler’, the High Court heard  He was offered a £20,000… Continue reading Paddy Power 'did not really care when dealing with compulsive gambler'

Digital currencies not banned in India: central bank

Indian traders are celebrating the latest partial victory in their long-running feud with commercial banks over digital currency treatment in the country. The Reserve Bank of India recently clarified that digital currencies aren’t banned in India. Banks must therefore not refer to an outdated memorandum to deny their Bitcoin clients services. Back in 2018, the… Continue reading Digital currencies not banned in India: central bank