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Articles by Anna Lee

As Bitcoin, Ethereum, XRP and Litecoin Slump, Chainlink Soars

November 22, 2019

While major cryptocurrencies such as Bitcoin, Ethereum, XRP, and Litecoin have seen significant drops in value and have taken most of the press attention, one smaller token Chainlink has actually doubled in value in recent times.The cryptocurrency market saw its highest recorded values for the year in the month of June 2019 but since then, has struggled to maintain this momentum. Following reports of Binance’s Shanghai office being closed down by the authorities which were later debunked, the Bitcoin price fell below $7,200 per token (at the time of writing it is trading at $7,132.17) and several altcoins also saw a decline. Ethereum and Bitcoin Chas lost more than 12% over the last 24 hours, Litecoin – more than 10%, and XRP – more than 5%.While this year has seen Bitcoin and other

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Bitcoin Price Drops to $7,500 and $180M Worth of BTC Longs Liquidated on BitMEX

November 22, 2019

Bitcoin price is still falling which causes a lot of worries among the traders. As on BitMEX and Bitstamp, it fell below $7,400, it has now seen its lowest points in the last four weeks and has crashed 50 percent since it’s year-long high in June.The crypto market, like any other financial market, is subject to price changes and swings at certain times but it has become rather interesting to watch over the years. In its initial stages, it was predicted that Bitcoin and other cryptocurrencies would become worthless very quickly as they were nothing but internet fads. Even as Bitcoin saw several bull runs as well as two significant crypto winters, price speculation ranged from Bitcoin still becoming worthless to a token being worth $1 million at a certain point in time. Be as it may be, but

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PayPal Announces Acquisition of Honey Science Corporation

November 21, 2019

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PayPal Announces Acquisition of Honey Science Corporation
PayPal has announced that they reached an agreement for acquiring Honey, the money-saving browser extension and app.
PayPal Announces Acquisition of Honey Science Corporation
Continue reading at Coinspeaker

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Monetary Authority of Singapore Considering Bitcoin and Ethereum Derivatives Trading

November 21, 2019

According to the recently revealed information the Monetary Authority of Singapore (MAS) is allegedly looking into allowing cryptocurrency-based derivatives to be traded on regulated platforms within the city-state.This development may seem to be related to the fact that the crypto trading on mainstream platforms has become more of a reality in the last few years as cryptocurrencies have made appearances on stock exchanges around the world and there is a constant push within the industry to get various digital assets approved for trading in many more markets. This is a response to the increasingly high demand for cryptocurrency and cryptocurrency-related products, even as the world begins to embrace its use both as an investment tool and as a medium of exchange. As the next phase of crypto

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Roger Ver Set to Rival Bitcoin and Ethereum with His $200 Million Fund for Bitcoin Cash

November 20, 2019

Within the cryptocurrency industry, there are a number of prominent tokens which dominate the industry and get the most attention, and just like any other market, there is a constant struggle for dominance between various firms. Some of the most popular in this regard are Bitcoin and Ethereum. Within Bitcoin, there are certain offshoots that sprung up as a result of hard forks such as Bitcoin Cash and Bitcoin SV, which is backed by controversial figure Craig Wright and while many of the dominant tokens have been in their position for a significant amount of time, the market continues to evolve.One of the latest twists is the announcement of a $200 million fund by Roger Ver who is the proponent of Bitcoin Cash and these funds will be used for investing in businesses that intend to build on

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TikTok Tops Instagram, Facebook as App Wars Rage On

November 19, 2019

Even though the world of social media is a global affair, all fingers are certainly not equal and like any other consumer market, various platforms fight for dominance among users with some faring better than others. Facebook, in particular, has been a mainstay within the social media market for over a decade and this includes Facebook itself as well as Messenger, Instagram, WhatsApp and so on. However, there is a new crop of social media platforms that threaten its dominance and are reaching a whole new market. One app that is giving Facebook a run for his money is TikTok, which, according to the Sensor Tower, reached 1.5 billion downloads across both the Apple store and the google play store just recently. This comes after it hit the billion download milestone back in February 2019.The

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Ford’s Mustang Mach-E All-Electric SUV Revealed ahead of Tomorrow’s Premiere

November 16, 2019

As 2019 comes to an end, car lovers will be in for a bit of a treat. Ford (NYSE 8.95) was due to premiere a new fully-electric crossover SUV on November 17, 2019, just as we have already reported. But details and pictures of the new vehicles have leaked a few days early and this gives customers a chance to get a glimpse of Ford’s latest offering. This new model is called Mach-E and the leak comes from screenshots from the Ford website and also has the details on the pricing, configuration, and amenities that are offered in the new cars.According to the leaked details, Ford’s Mustang Mach-E will have a starting price tag of $43,895 but this price is reduced once tax credit is applied. Should the consumer opt for a ‘select’ trim Mach-E at that price, they will receive 230 EPA-rated miles of

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Coinbase Visa Card Expands Offerings in Europe with 5 New Cryptos

November 15, 2019

It is no secret that cryptocurrency is been used more and more around the world as both an investment tool but also for everyday use and this is being facilitated by many merchants around the globe who are starting to accept cryptocurrency as a form of payment for their goods and services and also the many platforms that are facilitating the easy spending of cryptocurrency. One of these is the Visa debit card by Coinbase that allows customers to spend the cryptocurrency out of their Coinbase account as easy as they would fiat currency and this is believed to be one of the next steps in the maturation of cryptocurrency in the global market.It seems Coinbase intends to expand on its already impressive efforts as it was recently announced of their Visa debit card will be adding five more

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Walmart Canada Launches Blockchain Initiative for Freight Tracking and Payments Management

November 15, 2019

According to a November 14, 2019 press release, Walmart Canada is now embracing the use of blockchain as they will be launching its use for freight tracking and payment info management.And such an initiative is not surprising. Besides cryptocurrency, it’s most famous offering, taking over the world, there has also been the talk of blockchain becoming the next big technology used across various industries and this is for good reason. Blockchain, by its design, creates an irrefutable ledger of all transactions that are tracked across it and this has made its particularly favored within industries that require a lot of tracking such as supply chain, payroll management and so on. Even universities across the globe have started issuing their degrees via blockchain in a means to combat

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OneConnect Financial Technology Files for IPO in the U.S.

November 14, 2019

It has been evident in the last few years that companies within the blockchain, cryptocurrency and fintech space are receiving a lot more institutional backing after years of being rather niche sectors of the business world. This is evidenced by the fact that many more prominent firms are taking on blockchain technology such as MasterCard, Air Canada, Barclays and so on. It is also evidenced by the fact that many private firms such as Facebook and JP Morgan are embracing cryptocurrency and the fact that fintech seems to be on the rise around the globe.One of the latest efforts in this regard is by OneConnect Financial Technology, the fintech arm of Peng An, which is the largest insurance company in China. They have filed for an Initial Public Offering with the United States Securities and

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Paxos Launches Fiat Gateway with Binance as the First Client

November 13, 2019

Photo: ShutterstockOn November 12, 2019, Paxos debuted its Fiat Gateway and have announced that Binance will be its first client in this regard. Its Fiat Gateway means that customers can swap out U.S. dollars for stablecoins on a one-to-one basis and this is one of the first of its kind within the cryptocurrency industry.While this unique service is seeing more widespread attention since its association with Binance, it has actually been available to Paxos users since May 2019 and according to Changpeng Zhao, the CEO of by Binance, this partnership could be the start of even more business between the two companies.Paxos and Binance Binance and Paxos have worked together in the past as back in June 2019, Paxos enabled users to deposit fiat currency into their accounts, with Paxos allowing

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