In the People’s Republic of China, there is a newspaper that everyone knows and respects – Xinhua. Founded on 7 November 1931 with headquarters in Beijing, nowadays – it serves as the central spot for press-conferences and information exchanges between the big officials and the society. “Bitcoin: the first Successful Application of Blockchain Technology” – such a message, millions of Chinese people are looking at today. Matthew Graham of Sino Global Capital was the one who set the alert on...
Read More »Libra’s David Marcus is Bullish on Bitcoin but doesn’t Consider It as a Cryptocurrency
In what seems to be both a conflict-of-interest and also an effort to promote his cryptocurrency, the head of cryptocurrency projects at Facebook David Marcus has given bullish indications as to where Bitcoin is going. He also indicated that Bitcoin doesn’t fit into the cryptocurrency asset class as well giving his bias for the Libra cryptocurrency. David made this known at the recent New York Times DealBook conference last week. He also said that Bitcoin has more qualities as an asset than...
Read More »Mastercard Launches Fintech Express to Make Functioning of Fintechs More Efficient
During the Singapore Fintech Festival 2019, the biggest fintech event, Mastercard, an American multinational financial services corporation, has announced the launch of Fintech Express. The initiative will allow fintech companies to get access to a wide range of digital-first products, flexible commercial agreements, and support in global licensing. Mastercard has already welcomed the first member to participate in the program – Rapyd, the world’s largest local payments platform..@Mastercard...
Read More »Bitcoin Price Will Hit $500K and BTC Will Surpass Gold’s Market Cap, Says Bobby Lee
Topmost cryptocurrency expert and co-founder of top cryptocurrency exchange BTCC Bobby Lee made some bullish predictions for Bitcoin in the mid-term to long-term sources indicate. Lee made this known via a couple of tweets which indicated his stance on how the current topmost cryptocurrency will fare within the next eight years.According to Lee, Bitcoin will hit a market capitalization of $8 trillion. With Bitcoin’s market capitalization at just about $160 billion, while that of gold is about...
Read More »Monday Crypto Market Watch: Bitcoin Records Its Lowest Price In 14-Days
The recent days weren’t calm, even for Bitcoin. Following yesterday’s decent price surge to almost $9150, Bitcoin is now trading under $8700 after a sell-off over the past hours.Yesterday, Bitcoin made another bullish weekend move as the price gained over 4% in just an hour. The price surged from $8,780 to around $9,150 but quickly lost momentum, and as of writing these lines, Bitcoin retraced all the way to mark $8590 as the current daily low.This is the lowest price for Bitcoin since...
Read More »China’s State Media Just Headlined Bitcoin to 1.4 Billion People
Chinese State Media Praise Bitcoin as a “Successful Application of Blockchain” Blockchain fever overruns the people’s republic Bitcoin propaganda comes as China preps to launch digital currency in 2020 China has taken yet another step towards fully embracing Bitcoin, calling it “The First successful application of blockchain technology.” The entirety of the people’s republic has been on a blockchain hype beyond anything thing imaginable recently. However, this latest admission from Chinese...
Read More »Stellar Lumen (XLM) Price Gaining Momentum, More Gains Likely
Stellar lumen price is trading in an uptrend above the $0.0720 support area against the US Dollar.XLM price is currently correcting lower, but it remains well supported near $0.0740.There is a major bullish trend line forming with support near $0.0715 on the 4-hours chart (data feed via Kraken).The pair remains well supported on the downside near the $0.0660 and $0.0650 levels.Stellar lumen price is showing many positive signs against the US Dollar and bitcoin. XLM price could continue to...
Read More »Alibaba Singles’ Day Hits $14 Billion in the First Sales Hour
Every year on November, 11, the Chinese celebrate the biggest shopping event knows as Singles’ Day. It is always a big deal for the retailing giant Alibaba and legions of other online shoppers, and this year is no exception. Alibaba, that has been promoting the event since 2009, has said that in the first nine hours, sales for the Singles’ Day shopping blitz reached 158.31 billion yuan ($22.63 billion), which is equal to more than half of last year’s record haul for the 24-hour event.Singles’...
Read More »Singapore’s MAS Collaborates with JP Morgan for Blockchain-Based Multi-Currency Payments
Singapore’s central bank – Monetary Authority of Singapore (MAS) – has recently joined hands with Wall Street giant JP Morgan and Temasek. The partnership aims to build a blockchain-based prototype for cross-border multi-currency payments.The announcement comes just a time when global banking institutions are exploring blockchain and digital currency payments. MAS also said that its blockchain prototype can carry payments in different currencies on the same network. In the official press...
Read More »#746 Krypto Paradies Schweiz, Tunesien e-Dinar & Meatec.io Antminer S9 Gewinnspiel
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 746. Heute geht’s um folgende Themen: Neue Krypto Partnerschaft in der Schweiz, Tunesien gibt eigene digitale Währung auf Blockchain aus & Meatec.io Antminer S9 Gewinnspiel. 1.) Neue Krypto-Partnerschaft! Wird die Schweiz endgültig zum Bitcoin-Paradies?https://coin-update.de/neue-krypto-partnerschaft-wird-die-schweiz-endgueltig-zum-bitcoin-paradies/ 2.) Tunesien gibt eigene digitale Währung auf Blockchain...
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