Archive for August 24th, 2019

Bitcoin Price Fights to Hold $10K Support While Altcoins See Drops

August 24, 2019 | By | Reply | 24 Readers More
Bitcoin Price Fights to Hold $10K Support While Altcoins See Drops

Saturday, Aug. 24 — crypto markets continued to see red today as Bitcoin (BTC) has dipped below $10,000 price mark several times over the past 12 hours. Only two out of the top-20 coins by market cap are seeing gains over the past 24 hours at press time, including Cardano (ADA) and NEO (NEO), which […]

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New Report Says Use of Crypto in Palestine Is Mostly Ethical

August 24, 2019 | By | Reply | 22 Readers More
New Report Says Use of Crypto in Palestine Is Mostly Ethical

Bitcoin, per new research, is being utilized at an alarming rate throughout the region of Palestine. This is good in the sense that most use cases revolve around civilians utilizing cryptocurrency for ethical purposes. However, there do still appear to be traces of terrorist funding throughout the region.  Most Crypto Use in Palestine Is Law-Abiding […]

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Initiative to Curtail Negative Interest Rates Gains Traction in Germany

August 24, 2019 | By | Reply | 20 Readers More
Initiative to Curtail Negative Interest Rates Gains Traction in Germany

Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend and are pushing for adequate protection for the ordinary small saver, […]

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XRP’s price to climb upwards after coin fights off immediate bears

August 24, 2019 | By | Reply | 25 Readers More
XRP’s price to climb upwards after coin fights off immediate bears

XRP has not been having a great year, in terms of price as the market reports negative YTD returns for Ripple’s native token. However, XRP has been on an adoption spree since the beginning of the year, Ripple’s recent partnership with MoneyGram being an illustrious example. Despite the technology and institutional partnerships turning heads, the […]

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Bitcoin Bottomed at $9,080, BTC to Rally Into End of 2019

August 24, 2019 | By | Reply | 22 Readers More
Bitcoin Bottomed at $9,080, BTC to Rally Into End of 2019

Once again, Bitcoin (BTC) has stagnated, finding a foothold around $10,000 for the umpteenth time in a matter of weeks. While this is a positive development, especially considering the bearish momentum seen last week, there remains some expecting for the cryptocurrency market to continue lower. As reported by NewsBTC, one prominent crypto analyst suggested that […]

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The White House Just Blamed Bitcoin for America’s Opiate Crisis

August 24, 2019 | By | Reply | 21 Readers More
The White House Just Blamed Bitcoin for America’s Opiate Crisis

The opioid epidemic is the new devil Bitcoin is being blamed for inflaming, to be added to the already long list of heinous crimes crypto is supposedly responsible for, like terrorism, money laundering, and trafficking. While it’s painfully clear that the U.S. dollar is a much more common tool for these unethical and illicit activities, […]

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Time for a New Altcoin Season? Altcoins See Huge 2-digit Gains on Binance

August 24, 2019 | By | Reply | 22 Readers More
Time for a New Altcoin Season? Altcoins See Huge 2-digit Gains on Binance

With many altcoins struggling gruesomely and Bitcoin rapidly usurping almost 70% of the total crypto market cap, some crypto analysts have predicted that there will not be another altcoin season until 2020.  The current situation of the market today, however, may be an indication that it is time for a new altcoin season.  Looking at […]

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Ex-Morgan Stanley Exec Joins His Former Colleagues at Shenzhen Crypto Firm

August 24, 2019 | By | Reply | 25 Readers More
Ex-Morgan Stanley Exec Joins His Former Colleagues at Shenzhen Crypto Firm

Former Morgan Stanley Asia head of derivatives Jeffrey Wang officially joined Amber Group, a Shenzhen-based cryptocurrency company. As Bloomberg reported on Aug. 23, Wang will operate out of Vancouver as the head of Americas for Amber. According to the article, he previously worked at Morgan Stanley with four out of the five Amber’s founders, and […]

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Spencer Bogart: Bitcoin Can’t Afford a Recession

August 24, 2019 | By | Reply | 24 Readers More
Spencer Bogart: Bitcoin Can’t Afford a Recession

As crypto enthusiasts, we really can’t afford a recession. That’s what venture capitalist Spencer Bogart is telling everyone. He’s saying that any severe financial crisis would ultimately cause bitcoin to plunge back into a period of extreme darkness that would make 2018 look subtle.  Bogart: A Recession Would Be Very Bad for Bitcoin While he’s […]

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Governor of the Bank of England says YES to Digital Currencies, NO to U.S. Dollar

August 24, 2019 | By | Reply | 22 Readers More
Governor of the Bank of England says YES to Digital Currencies, NO to U.S. Dollar

In a recent revelation and just before the governor of the Bank of England, Mark Carney, steps down, he shares with us his vision of the future of the global economy, and apparently, the US dollar is not in it. The current international monetary curve is not beneficial neither for individuals and businesses, nor governments […]

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