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Bitcoin Closing on Long-Term Bear Indicator Not Seen Since 2014

Following bitcoin's recent losses, a key long-term trend indicator is looking increasingly bearish. Notably, the five-month moving average (MA) has rolled over in favor of the bears and looks set to...

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IOHK | Philipp Kant, Director of Formal Methods.IOHK | Philipp Kant, Director...

Philipp Kant is Director of Formal Methods at IOHK. In this video, he explains what formal methods are and why they are important to designing and building cryptocurrencies. Turning research papers...

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China Prosecutes 98 Over Alleged $2 Billion OneCoin Pyramid Scheme

China has prosecuted nearly 100 individuals said to be involved with locally operating the OneCoin cryptocurrency scheme.

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India Considers New Tax on Cryptocurrency Trades

India could soon impose goods and services tax (GST) on many digital currency transactions, a report indicates.

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Daily: Verge hit by Timestamp hack (Again) / SEC targets ICOs (Again)Daily:...

Latest Verge drama is in, a hacker managed to hack Verge and gain 35 million Verge coin for free. SEC targets ICOs again with new notice that targets "sweeping ICOs" 1:05 Verge Hack 3:59 SEC Sweeping...

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Experimental Voting Effort Aims to Break Ethereum Governance Gridlock

Vitalik Buterin has suggested experimenting with quadratic voting, a governance model furthered by Dr. Glen Weyl, on the ethereum platform.

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Rural Banks Tap Kaleido Blockchain for Faster Transactions in the Philippines

Rural banks in the Philippines are looking to adopt ConsenSys' Kaleido blockchain platform in bid to boost financial inclusion.

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Norway's Central Bank Mulls Digital Currency as Cash Use Declines

Norges Bank has released a report suggesting it might one day launch a digital currency as citizens continue to turn away from physical money.

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IBM to Hire Blockchain Researchers for French Expansion

IBM plans to hire 400 researchers, a portion of which will be focusing on blockchain technology, CEO Virginia Rometty said Wednesday.

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Thai Bank Pilots Cross-Border Transaction Using Blockchain

Thailand's Bank of Ayudhya successfully piloted a cross-border transaction using its own blockchain interledger, it announced Tuesday.

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AmEx Upgrades Rewards Program with Hyperledger Blockchain

American Express announced a blockchain-based loyalty rewards program using Hyperledger's technology.

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Price Rigidities and Relative PPP -- by Andres Blanco, Javier Cravino

We measure the proportion of real exchange rate movements accounted for by cross-country movements in relative reset prices (prices that changed since the previous period) using CPI microdata for five...

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Price Stickiness along the Income Distribution and the Effects of Monetary...

We document that the prices of the goods consumed by high-income households are more sticky and less volatile than those of the goods consumed by middle-income households. This suggests that monetary...

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Public Policy in an AI Economy -- by Austan Goolsbee

This paper considers the role of policy in an AI-intensive economy (interpreting AI broadly). It emphasizes the speed of adoption of the technology for the impact on the job market and the implications...

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Take-up and Targeting: Experimental Evidence from SNAP -- by Amy Finkelstein,...

This paper develops a framework for evaluating the welfare impact of various interventions designed to increase take-up of social safety net programs in the presence of potential behavioral biases. We...

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Perceived FOMC: The Making of Hawks, Doves and Swingers -- by Michael D....

Narrative records in US newspapers reveal that about 70 percent of Federal Open Market Committee (FOMC) members who served during the last 55 years are perceived to have had persistent policy...

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Internet Rising, Prices Falling: Measuring Inflation in a World of E-Commerce...

We use Adobe Analytics data on online transactions for millions of products in many different categories from 2014 to 2017 to shed light on how online inflation compares to overall inflation, and to...

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Market-making with Search and Information Frictions -- by Benjamin Lester,...

We develop a dynamic model of trading through market-makers that incorporates two canonical sources of illiquidity: trading (or search) frictions, which imply that market-makers have some amount of...

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Extrapolation using Selection and Moral Hazard Heterogeneity from within the...

I aim to shed light on why emergency room (ER) utilization increased following the Oregon Health Insurance Experiment but decreased following a Massachusetts policy. To do so, I unite the literatures...

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Global Portfolio Diversification for Long-Horizon Investors -- by Luis M....

This paper conducts a theoretical and empirical investigation of the risk of globally diversified portfolios of stocks and bonds and of optimal intertemporal global portfolio choice for long horizon...

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