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Tag Archives: News

Stock Market Lost Value of 33 Bitcoin Markets in One Week

Stock market and Bitcoin volatility are bad but holding the fiat currency or average altcoin is even worse. Dow, S&;P 500 markets are falling during the fears that coronavirus stops supply chains. Where are investors putting their money power to avoid risk?The stock market had lost more than 3,6 trillion USD or the equivalent of 694 573 870 Bitcoin. The total mass of Bitcoins that can be in circulation is 21 million. We can say that the fair lost 33 Bitcoin markets. Each one has 16-21...

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Ella Qiang Becomes the Latest “Family Member” of the Bitcoin Association

The Bitcoin Association has hired Ella Qiang as its new manager in Asia.Ella Qiang – the Newest Addition to the Bitcoin Association FamilyQiang will be based in Singapore and help expand the goals and protocols of bitcoin SV (BSV), which stands for Bitcoin Satoshi Vision. The currency has only been around for 1.5 years, yet it’s been a major focal point of controversy since it first emerged on the scene.Known as the little brother of bitcoin cash (BCH), which itself was the result of a...

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Bitcoin Spikes to $8,600; Is the Asset Recovering?

At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has shot up to just under $8,700.Bitcoin – On a Path to Recovery?Yesterday, the asset was trading at a measly $8,300, the lowest it has been in some time. Thus, the currency has shot up by more than $300 in just 24 hours. Not only is this good news, but it also suggests some truth to a recent piece suggesting that bitcoin, despite all the global problems it was facing, would not fall below the $8,200 line...

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Square Records Heavy BTC Business in 2019

Jack Dorsey’s Square recorded more than $150 million in bitcoin revenue during the final three months of 2019. Dorsey and his company have long been hardcore bitcoin and crypto advocates, with Square ultimately forming its own digital asset division known as Square Crypto.Dorsey and Square Bring in Big BucksThe amount of BTC-based money recorded by Square is upwards of $178 million in total, while Square itself was able to pocket about $3 million in bitcoin revenue. That’s about a 50 percent...

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Unbound Tech Upgrades Its Digital Asset Custodial Solution and Targets Institutional Clients

Unbound Tech’s all-in-one security solution enables fast transaction signing and scalable, risk-based approval policies, and is being used by the likes of digital asset exchanges Liquid and Archax.Unbound Tech, an encryption key management company backed by the likes of Goldman Sachs (GS:NYSE) and Citigroup (C:NYSE), has announced a major upgrade of its Crypto Asset Security Platform (CASP) which it says “directly answers the security and trust needs of large institutions wishing to adopt...

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Dow Jones Falls More Than 12% in a Week: What to Expect?

Equities on major United States stock markets closed the trading session on Friday mostly lower, ending the worst week since the 2008 financial crisis. The Dow Jones and S&P 500 each dropped 12% and 11% in a week.Wall Street went through a historic drop this week all “thanks” to fast-spreading coronavirus that worried investors and traders. Novel coronavirus (COVID-19) developments grabbed the investors’ focus as the World Trade Organization (WHO) updated the coronavirus global risk to...

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Binance CMO Wants Beautiful Women to Work on Client Satisfaction

The famous exchange CMO posted a ‘joke’ in which Binance was supposedly looking for a woman with a beautiful, large chest to work at the Client Support Department.Despite Binance usually hire Support people while looking at their juridical, programming or marketing skills, not chest… this time it was a slightly different story. Binance Chief Marketing Officer He Yi has posted a job offer on the official channel in Weibo, which is a Chinese analog of Twitter.Per the Decrypt translators, the...

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The U.S. Says “No” to Any and All Petro Trading

The U.S. government is being very strict when it comes to Petro trading. While the Petro is not a North American cryptocurrency, U.S. citizens who use it or trade it will be subjected to harsh penalties.The Petro Isn’t a Popular AssetAs we all know, the Petro has a relatively shady history – so shady, in fact, that President Donald Trump has issued an executive order preventing all American citizens from trading Petro units. A state department spokesperson with the Western Hemisphere Affairs...

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Luno Says It Will Be Supporting Ripple Very Soon

Cryptocurrency exchange Luno – based in London in the United Kingdom – has stated that it will soon add Ripple’s XRP to its list of tradeable assets for customers to enjoy.Ripple Is Coming to Luno CustomersThe news comes after Luno engaged in a year-long poll in which all its customers were asked which new asset they would be the most interested in trading or purchasing in the future aside from bitcoin (BTC) and Ethereum (ETH), as the exchange already offers these assets to its users. Ripple...

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Analysts: Gold Still Outranks Bitcoin

Bitcoin is good, but gold is still much better.Analysts Say Gold Outranks BTCThat’s the sentiment of most analysts, today. At the time of writing, bitcoin – the number one cryptocurrency by market cap – is not doing so hot. The asset has fallen by another $400 overnight as fears of the coronavirus continue to swell throughout the globe, and it doesn’t look like things are going to ease up anytime soon.There has been an idea meandering throughout the crypto space for some time that gold and...

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