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Tag Archives: paolo ardoino

Switzerland Is Trying to Aid Crypto’s Growth

Switzerland is a country that’s doing all it can to aid bitcoin’s reputation. The nation is home to the town of Zug, which hosts what’s known as “Crypto Valley,” a region that takes part of its name from Silicon Valley in northern California. Switzerland Is Doing All It Can for Crypto While the latter is known for housing some of the world’s largest tech companies – such as Facebook, Google, and Microsoft – the former hosts several crypto and blockchain firms that are...

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Antoni Trenchev: Bitcoin May Hit Six-Figures This Year

Antoni Trenchev – CEO of crypto trading platform Nexo – is confident bitcoin could reach a price of $100,000 by the end of this year. Bitcoin Is Destined for Big Things, It Seems Bitcoin has been on something of a downward spiral as of late. The world’s number one digital currency by market cap hit a new all-time high back in November of last year, reaching a whopping $68,000 per unit at the time. However, since then, the currency has been backtracking, and never has...

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Mark Cuban Loses Money on New Stable Coin Project

Mark Cuban seems to have been a crypto fan for some time. Recently, he praised both bitcoin and Ethereum and claims to hold a substantial amount of both. However, one of the more recent coins to receive backing by the billionaire investor has tanked big time, and as a result, Cuban is stepping in and calling for clearer regulation regarding stable currencies. Mark Cuban Has Taken a Crypto Hit At press time, it is unknown which stable currency garnered Cuban’s attention,...

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Bitfinex is Set to Launch Options and a Gold-Backed Tether in Q1 2020

With many issues that have made premier cryptocurrency exchange Bitfinex controversial, it seems that the exchange is set to get its groove back in 2020 as per revelations by its CTO Paulo Ardoino in a podcast with the BlockCryto. In the podcast, Paulo discussed a wide range of issues ranging from the allegations of market manipulations to upcoming products that Bitfinex plans to offer including options and a gold-backed stablecoin.While much has been said about Bitfinex’s growing Twitter...

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DAI and USDT to Lead the Way for Stablecoin Adoption

The cryptocurrency sector is largely an exciting one and there are always new events every day, which shows that there are growth and development being recorded. While crypto adoption is improving, there is a lot more focus on increasing the use cases for Bitcoin (BTC) than most of the others. However now, stablecoins including DAI and Tether’s USDT, are starting to game some traction with traditional institutions for everyday use cases.DAI AdoptionAccording to reports, the DAI stablecoin can...

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