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Libra (LBA) & Facebook

Bitwise Withdraws Bitcoin ETF Proposal with SEC

Bitwise Bitcoin ETF proposal has been withdrawn. The cryptocurrency asset management firm indicated that it had submitted a note to the U.S. SEC. Bitwise said that the withdrawal request is “consistent with the public interest and protection of investors”. This shows that the firm is studying the situation at this time. The global head of research told:“We did indeed withdraw the application. This is a procedural step, and we intend to refile our application at an appropriate time.”It also...

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Scammers Are Using the Faces of Financial Analysts to Promote Phony Crypto Programs

Cryptocurrency scammers are quite active on Instagram in London, according to Britain-based users.Scammers Are Up To Their Same Old TricksNew advertisements featuring the face and likeness of Martin Lewis – an alleged financial expert in the London area – have been discovered on Instagram promoting potential cryptocurrency scams. These scams discuss a “revolutionary bitcoin home-based opportunity” that can change your life (and the lives of others) forever.One of the other tactics these...

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Facebook, Verizon and McDonald’s Top Wall Street’s Investments List for 2020

Analysis streaming out from Wall Street suggests that the year 2020 has a lot of profitable stocks available for investors who choose such companies as Facebook, Verizon, and McDonald’s, among others.Key PointsHigh yield stocks up for grabs in 2020.Facebook’s politically-induced woes may finally pay off in 2020.Verizon’s commitment to its core values makes it a company to watch out for in 2020.McDonald’s introduces innovative ideas that are stock boosters.McDonald’s to Become a More...

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Instagram’s Boomerang Gets New Features to Compete with TikTok

Instagram’s Boomerang has received an upgrade. Apart from looping, users of the social networking platform will be able to do a bit more with their videos. The platform has introduced new tools to try to compete with TikTok.The features have been expected by many users. One of the features is the trimming effect. This improves playback control for videos when editing. Other effects include “SlowMo” which reduces playback by 50%, “Echo” which produces blurry playback and “Duo” which produces...

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Is FAANG to Become FAAMGT in 2020s?

Recently, the new fintech terms came to town. We are already used to certain terms such as FAANG, FANG and even FAAMNG. When it comes to stocks, and especially technology-related ones, the times are certainly “a-changing”.2020 began already as a pretty turbulent one. With great geopolitical tensions, an unsure trade deal between the U.S. and China, Donald Trump’s impeachment (moreover, Meghan and Harry are leaving the Crown) – it seems that there is going to be a pretty tough year for big...

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Bitcoin Price to Rise above $20,000 in 2020 due to This Reason, Says BitPay’s Sonny Singh

If there’s one thing that is absolutely sure about the general Bitcoin community, it’s the bullishness. BitPay Chief Commercial Officer Sonny Singh has now added to this bullishness with a $20,000 Bitcoin prediction for 2020. Singh has joined a long list of industry enthusiasts who believe the sky is only the beginning for the world’s king coin.$20,000 Prediction for Bitcoin in 2020In a recent conversation with Bloomberg’s Taylor Riggs which took place on Wednesday, Singh spoke quite...

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Could 2020 be the Year of FAAMNG Stocks?

2020 could quite easily be a great year for FAAMNG stocks if things continue the way they currently are. FAAMNG comprises Facebook (FB), Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), Netflix (NFLX), and Google’s parent company Alphabet (GOOG and GOOGL). These are the biggest tech and internet stocks in the world.FAAMNG Stocks in 2020A publication from The Arora Report shows the current money flow into these companies via their stocks. Dividing each stock into several data points, the table...

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Mark Zuckerberg Shares His Vision for New Decade but Doesn’t Mention Libra

Facebook’s CEO Mark Zuckerberg unveiled his vision for 2030, but also a whole bunch of decade-end aims for his social media Goliath, including an extensive “opportunity” for Facebook to “decentralize” finance and business.He wrote in a post:“Over the next decade, we hope to build the commerce and payments tools so that every small business has easy access to the same technology that previously only big companies have had.”As the reader could further see, in this vision are included Instagram...

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Australien sagt Nein zu Facebooks Libra

Die Negativmeldungen um Facebooks Libra gehen auch im neuen Jahr weiter. Nun hat die Zentralbank Australiens das ambitionierte Projekt des Social Media Riesen abgelehnt. Es ist sehr wahrscheinlich, dass das Parlament der Empfehlung einer Ablehnung der Zentralbank folgen wird.Cryptocoin News: Australien sagt Nein zu Facebooks LibraDer Libra steht wieder einmal in den Schlagzeilen. Obwohl Facebooks Cryptocoin bereits starken Regulierungen unterliegt, scheint es dennoch in vielen Ländern...

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CES 2020: Apple Returns Unexpectedly with a Few Surprises

Apple returns to the Consumer Electronics Show (CES). It is happening right now in Las Vegas. The technology giant and smartphone maker hadn’t attended the event as much as twenty-eight years. It came as a bit of a shock to many who hadn’t expected the technology giant to show up and this afforded them the chance to do quite a bit. Apple didn’t show up with any fancy hardware or innovations for which they are known for. Jane Hovarth who is the senior director for privacy at Apple was around...

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