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Libra (LBA) & Facebook

Diem Relocates From Switzerland to the US to Launch an USD-Backed Stablecoin

The Diem Association announced a strategic partnership with the crypto-friendly US bank – Silvergate Bank. Consequently, both parties plan to launch a stablecoin pegged to the American dollar. Additionally, the Association will relocate from Switzerland to the United States. A New Home for Diem The blockchain-based payment system Diem, launched by the social media behemoth Facebook, announced a new model of its impending stablecoin. The project – formerly known as Libra –...

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Rumors On Social Media Suggest Facebook Has Purchased Bitcoin

Did Facebook buy bitcoin? There is a rumor moving about online that the world’s biggest social media platform may have added the biggest digital currency by market cap to its balance sheet. There Is Talk That Facebook Bought BTC While at the time of writing these ideas are unproven, Facebook adding bitcoin to its playbook would be both surprising and unsurprising at the same time. For one thing, many largest institutions have been purchasing the digital currency in...

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Massive BTC Price Volatility As Facebook Apparently Didn’t Invest In Bitcoin

Facebook’s quarterly SEC filing has no mention of Bitcoin, let alone of a Bitcoin purchase, defying market expectations. For a few days leading up to Facebook’s earnings reported today, there was talk that the world’s most famous social network was about to purchase billions of dollars in Bitcoins: those rumors turned out to be precisely that – just rumors. Why did people think Facebook was about to buy Bitcoin? Several news outlets, including leading sources such as FOX, ran...

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Bitcoin-Trading-Apps: Inzwischen beliebter als Instagram und TikTok

Bitcoin Trading Foto CC0 Gemeinfrei via Unsplash Es ist super bequem unde jeder hat ein Smartphone heutzutag; Bitcoin kaufen und verkaufen geht einfacher denn je. Der Handel mit Kryptowährungen wird immer beliebter. Und jetzt kommt’s: Bitcoin-Trading-Apps haben jetzt sogar Facebook und Twitter in den Appstores verdrängt. Das Bitcoin-Comeback Vor einem Jahr sah es so aus, als wäre die Erfolgsgeschichte der Kryptowährungen bereits vorbei....

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Netflix Launches TikTok-Styled Feature ‘Fast Laughs’

Clips on Fast Laughs can be saved to watch later by adding it to “My List,” a feature that already exists on the Netflix app.American content platform and media production company, Netflix Inc (NASDAQ: NFLX) has launched a TikTok clone dubbed ‘Fast Laughs,’ a way for people to see something funny while maintaining a presence to watch more videos on the app.The Fast Laughs feature is not a new app, rather, it is a new feature designed to complement the offerings of the Netflix library. Besides...

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Christine Lagarde durcit son discours contre Bitcoin

Il est loin le temps ou Christine Lagarde, alors présidente du FMI, tenait un discours modéré sur Bitcoin et les crypto-actifs qu’il « ne serait pas judicieux de rejeter » , s’interrogeant sur leurs risques mais aussi sur leurs potentiels. Après plus de deux ans à la tête de la BCE, Christine Lagarde est devenue une véritable banquière centrale. Plus de place pour la nuance dans ses propos : Si Diem (ex Libra) peut être considéré comme une monnaie, Bitcoin n’est désormais qu’un...

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Uhive, the New Crypto-Based Social Platform, Makes A Lot of Moolah

New social media platforms are popping up all over the place as of late, and one – Uhive – is powered by cryptocurrency.Uhive Is Doing Things a Little DifferentlyBased in the United Kingdom, Uhive is a unique social platform in that it is powered entirely by digital currency technology. Recently, the company set out on a funding round of 500,000 pounds, which it easily surpassed. Either people are terribly sick of the likes of Facebook and Twitter – which they probably should be, given how...

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Signals of Hope for Crypto Gold-Bugs? Renewed Signs that Gold-Linked Tokens Are Making Comeback

Gold protected tokens like GoldFinX appears to be the best investment source for institutional and retail investors since they can be easily traced back to find its custodial asset backing its worth.The current market perception for cryptocurrencies has been shifting recently, in a seemingly ever more positive direction, even with the global economy suffering massive blows from the prevailing pandemic. Facebook‘s Libra and JPMorgan‘s JPM coin are anticipated to launch in 2021; Bitcoin and...

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Former PBOC Governor Says Digital Yuan Is Not Threat to Fiat Currencies

Zhou said that holders of the digital yuan can use it for trading or investment. He added that, unlike Libra, they “don’t have an ambition to replace existing currencies”. The former governor of the People’s Bank of China (PBOC), Zhou Xiaochuan, said that the digital yuan is not a threat to fiat currencies. The former governor of China’s central bank, PBOC, said the issuance of the digital yuan is not to replace fiat currencies. He further noted that the digital yuan will not take the...

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David Marcus: We Want Cryptocurrency Diem To Be Part of Major Change in 2021

Despite nearly two years of delays and several regulatory hurdles, Facebook’s Libra – now called Diem – is still looking to carve out a place for itself in the crypto space.Diem Is Still Trying to Move ForwardFacebook first entered the cryptocurrency environment in June of 2019, announcing that it was looking to establish a global payment system and unveil a new digital asset it was calling Libra that could potentially be utilized to purchase goods and services through the social media...

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