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PayPal Entering China Market by Local Acquisition

The People’s Bank of China (PoBC) announced they are nit against PayPal’s desire to acquire a 70% equity state in GoPay (Guofubao Information Technology Co. [GoPay], Ltd.). With this step, Paypal is becoming the first international entity that will be offering its online payment solutions in China.GoPay mostly works as a provider of a number of payment products for various industries including cross-border commerce, aviation, tourism, etc.According to the information revealed by the company,...

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WEG Helps Businesses Say “Yes” to Crypto Payments

German bank WEG is paving the way for retailers to begin accepting crypto payments in the year 2020.WEG Helps Institutions Say “Yes” to CryptoWEG Bank is owned by both the blockchain firms Nimiq and Token Pay, as well as by the Litecoin Foundation. In an interview, CEO Matthias von Hauff says that the establishment is beginning to accept applications from companies and businesses that are interested in accepting crypto in the future. He says:You don’t have to be a customer of the bank. All we...

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Crypto Market Update: Bitcoin Down $2,000 on the Week, Fundamentals Pointing Upwards

We saw a week of action throughout the entire crypto market. Bitcoin’s price plunged, painting the entire market red. Of course, altcoins also plummeted against the USD but remained relatively stable against Bitcoin. The whole market seems to be under a lot of stress, at least according to the Fear & Greed Index:Wall Street, on the other hand, continues to rise as bond markets have seen significant drops. Despite predictions of a collapse in the capital markets, key indices keep on...

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Bitcoin Art : Le Radeau de la Méduse 2019

Après l’autoportrait de Delacroix et La Liberté guidant le peuple, le peintre muraliste Pascal Boyart revisite aujourd’hui le Radeau de La Méduse de Théodore Géricault pour en faire un hommage à Bitcoin. Pour qui est attentif à la forme du bateau qui arrive au loin, l’allégorie est transparente : Après la tempête de la crise financière les naufragés du système bancaire hèlent le nouveau paradigme qui...

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Buy, Sell and Exchange Crypto and Fiat With the New HOLD App and Debit Card

For now, 36 countries from the European Economic Area (EEA) will be able to enjoy zero fee crypto and fiat exchange, while Austria, Ireland Spain are soon to follow.Get the Most Out of Crypto With No Fees at AllBitcoin, Ethereum and Litecoin will be the first available crypto choices on the HOLD app, with easy exchange, buying and selling all within the app. Deposit at any time with crypto or with fiat from SEPA transfers direct from users’ bank account.This essentially means that crypto...

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Crypto Price Analysis & Overview: Bitcoin, Ethereum, Ripple, Eos, Doge Coin

BitcoinWe saw a sharp correction with a high trading volume which dragged the price down to the Fibonacci levels at 0.618 within the $7,800 range. That’s a support line and if we break past through it to $7,200 we can also get down quickly to $6,200. In terms of resistance, the trend line goes down in clear red. Breaking it will only provide short-term security. Going above $10,400 will bring confidence back. This week’s plunge felt like a “sell the news:  event but that’s not what prompted...

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Dethroning Visa: Blockchain Technology May Enable Greater Transaction Speeds than the Payments Giant

Featured – The advertising technology sector, usually abbreviated to AdTech, is a vast and growing industry – but it’s going through some growing pains. One of the most challenging processes in the digital advertising industry is ensuring that pay per click, or ‘PPC’ ads, are tracked and served effectively. Visitors arriving on a website through PPC ads are 50% more likely to make a purchase than organic visitors, and in 2017 alone, over $10 billion was spent on PPC ads.With such substantial...

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Crypto Rating Council: Bitcoin-Börsen entwickeln gemeinsam Bewertungssystem für Token

CRC Securities Framework Asset Ratings Die Krypto-Börsen Coinbase, Kraken, Bittrex, Anchorage, Circle, DRW Cumberland, Genesis sowie Grayscale Investments haben zusammen ein Punktesystem für Token herausgebracht. Dieses soll anzeigen, ob und inwieweit eine Kryptowährung einem Wertpapier entspricht. Kryptowährungen – Aktien, Handelswaren oder Zahlungsmittel? Über die Frage, ob Kryptowährungen eher als Aktien, Handelswaren oder...

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How a Crypto Startup Escaped With a Comical Fine After Illegal $4 Billion ICO

Block.one – the company behind cryptocurrency EOS – was slapped with a $24 million fine this week, pertaining to its initial coin offering (ICO) back in 2017. That might sound harsh, but it’s a tiny penalty. A drop in the ocean compared to the record-breaking $4.1 billion the company (reportedly) raised in its initial coin offering (ICO). To be specific, it’s just 0.58% of the total amount raised – a slap on the wrist for violating US securities law. It’s an arbitrary and dangerous...

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NEO wird erstes Blockchain-Mitglied der Microsoft .NET Foundation

NEO galt lange als die chinesische Version von Ethereum. Mittlerweile ist das NEO Blockchain Projekt komplett international aufgestellt. Die Microsoft-Stiftung .NET unterstützt offiziell die Kryptowährung NEO. Das teilt ein Blog-Beitrag des Unternehmens von NEO mit. NEO steht für „Smart-Economy-Plattform“. Früher hieß diese Blockchain, die eine neue Generation des Internets...

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