United States’ retail behemoth Walmart has decided to expand its current offerings of financial services by offering money remittance services within its network of nearly 5,000 stores across America. It already has two money transfer services (the Walmart2Walmart and Walmart2World service launched last year) but the retail giant has also decided to power Walmart2World with Ripple‘s partners MoneyGram and Ria.November 4, 2019."@Walmart is announcing the next step in its commitment to help...
Read More »Xiaomi Unveils Premium Segment Mi CC9 Pro Smartphone with Eye-Popping 108MP Camera
China-based smartphone manufacturing giant Xiaomi has a new offering in the market for its fans. Known for introducing budget handsets over the last few years, Xiaomi now brings its premium segment high-end smartphone, the Mi CC9 Pro. While the handset packs all premium hardware and powerful machine, the company has put a major focus on its camera.As smartphone manufacturers have lured customers by showcasing the device’s machine prowess, the camera is one segment that still continues to draw...
Read More »China’s Updated Policy Will No Longer ‘Eliminate’ Cryptocurrency Mining
China is set to allow cryptocurrency mining. The nation hosts the four largest mining pools around the world. The Chinese government is making significant steps towards the adoption of blockchain technology. Cryptocurrency mining will be kept alive in China. The news come after President Xi Jinping announced that his country will “take the leading position in the emerging field of blockchain.” China Will Allow Crypto Mining The National Development and Reform Commission (NDRC), one of the...
Read More »Binance Plans to Add Support for Fiat Currencies of Kazakhstan and Ukraine
In an expansion of its market offerings, indications have emerged that premier cryptocurrency exchange Binance is set to add support for crypto-fiat exchange for the Kazakh and Ukrainian currencies. This comes after the recent addition of support for Nigeria’s currency the Naira which was done in partnership with Flutterwave which is a Nigerian payment gateway based both in Nigeria and the United States.Moreover, it’s worth mentioning that Binance also added the Russian Ruble to the row of...
Read More »EU Wants to Compete with Facebook’s Libra Instead of Just Banning It
The G7 meeting participants state that things like stablecoins including Facebook‘s Libra should be strictly regulated and the risks connected with them are not yet studied well. Per EU lawmaker and a German conservative Markus Ferber:“At the very least, we need a robust regulatory framework to deal with virtual currencies. The (executive EU) Commission has been way too complacent on the issue so far. With the threat of Libra on the horizon, it is time for action now.”The draft text of the...
Read More »Bitcoin Price Analysis: BTC Consolidating Above Key Support
Bitcoin price corrected lower after tagging the $10,550 resistance area against the US Dollar.The price is currently consolidating above the key $8,900 and $9,000 support levels.There is a connecting bullish trend line forming with support near $9,120 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to rise again as long as there is no close below the $9,100 and $9,000 supports.Bitcoin price is trading with a positive bias above $9,000 against the US...
Read More »Illinois Resident Invests Half of His Lottery Winning in Bitcoin back in May
Earlier this year, a man from the state of Illinois made a killing, winning $500,000 in a state lottery. Recently, he revealed that half of this fortune has been spent on buying Bitcoin (BTC). He confirmed that back in May, he had purchased about $178,000 worth of BTC and wrote on Reddit:“Did this. Then put half into BTC in May.”Further, he asked to remind him in eight months if his investment is smart money, which Reddit can not agree with.On one hand, the investment seems to be a good one....
Read More »Zuckerberg was Right. China ‘Fast-Tracks’ Cryptocurrency With Huawei, Tencent
The People’s Bank of China signed a partnership with Huawei, reportedly to develop blockchain technology for China’s sovereign digital currency. It comes just a week after Xi Jinping pledged that China would “take the leading position” in blockchain. Zuckerberg’s ominous warning – that China could erode America’s “financial leadership” – is slowly materializing. Last month Facebook CEO Mark Zuckerberg appeared before Congress and delivered a warning to lawmakers: get behind digital currency...
Read More »RuNet: Russland plant eigenes Internet
RuNet: Können Bitcoin-Zahlungen bald in einem alternativen Internet getätigt werden? Foto: Burger King Moskau Russland plant sein eigenes Internet und erntet damit Kritik. Die Sorge ist berechtigt, denn somit schafft der Staat eine totale Zensur und Kontrolle. Dies befürchtet zumindest Heise.de in einem aktuellen Artikel. Bereits im Mai gab es diesbezüglich Kritik von den...
Read More »#743 Digitale Lira Ende 2020, europäische Digitalwährung & Kein Bitcoin Mining Verbot China
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 743. Heute geht’s um folgende Themen: Türkei plant digitale Lira Ende 2020, EU-Strategiepapier schlägt gemeinsame europäische Digitalwährung vor & Doch kein Bitcoin Mining Verbot in China. 1.) Türkei plant digitale Lira – Start Ende 2020https://bitcoin-kurier.de/tuerkei-plant-digitale-lira-start-ende-2020/ 2.) EU-Strategiepapier schlägt gemeinsame europäische Digitalwährung...
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