Monthly Archives: August 2019

The New Bitcoin Banks Are Here

A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements of stablecoins and exchange services from giants Binance, Coinbase, and others, signal the age of the ‘Bitcoin Bank’ is just beginning. Whether this shift brings about the immense positive change it promises, or simply becomes a new centrally regulated banking […]

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Bitcoin Price Stays Over $10K as Trader Warns Ethereum Chart Is ‘Ugly’

The previously delicate barrier turned to firmer support on Friday, with BTC price rising above $10,200. Bitcoin (BTC) price was consolidating $10,000 support on Aug. 23 after successfully shunning four figures during the day’s trading. Market visualization. Source: Coin360 Bitcoin delivers firm bounce off $10K Data from Coin360 show a newly strengthened Bitcoin managing to stay above the $10,000 marker, which it had crossed four times over the course of the week.  Currently in the upper end of a $300 trading corridor, BTC/USD circled $10,200 at press […]

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BitPay Blocks $100K Bitcoin Donation to Amazon Rainforest Fire Charity

The payment processor is in hot water once again after its internal procedures contradict its own support staff. Controversial cryptocurrency payments processor BitPay is facing another PR nightmare after the company rejected a $100,000 donation to an Amazon rainforest charity. BitPay leads Amazon Watch to compliance dead end According to a social media complaint by Amazon Watch, an organization which seeks to support the Amazon rainforest’s ecology and indigenous peoples, the payment failed to pass BitPay’s internal checks.  The would-be donor was trying to contribute due to […]

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Libra Members Consider Quitting Project Due to Gov’t Pressure: Report

At least three of Facebook’s early backers for its planned Libra stablecoin launch are considering withdrawing their support in light of the fierce regulatory pushback. At least three of Facebook’s early backers for its planned Libra stablecoin launch are considering withdrawing their support in light of the fierce regulatory pushback. A report from the Financial Times on Aug. 23 alleges that two founding partners of Facebook’s Libra Association have held discussions about what their “right next steps” should be.  One further — again unnamed — backer is […]

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Binance: Funds ‘SAFU’ After Amazon Web Services Error Stops Withdrawals

Binance CEO Changpeng Zhao says he is confident no cryptocurrency has gone missing due to technical problems on Friday. Cryptocurrency exchange Binance has confirmed user funds are not at risk after a reported technical problem began affecting withdrawals.  According to CEO Changpeng Zhao, also known as CZ, the situation was being resolved on Aug. 23, while funds security was not compromised.  “Funds are #safu,” he wrote on Twitter, employing a now well-known catchphrase he had previously inadvertently created while confirming there was no danger to cryptocurrency holdings. […]

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Bitcoin Payments 6x Cheaper for Municipalities, Says Canadian Exchange

Bitcoin is more efficient for paying taxes than bank cards, suggests co-founder of Toronto-based cryptocurrency exchange Coinberry, Evan Kuhn. Evan Kuhn, Toronto-based cryptocurrency exchange Coinberry’s co-founder, stated that accepting Bitcoin (BTC) for taxes is more efficient than using bank card payments. As real estate news outlet Mansion Global reported on Aug. 22, Kuhn claims that his company takes much lower fees than the ones that card institutions impose on their clients, noting:  “A credit card company charges a 3% fee. […] Our fee is .5%, so that’s […]

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Simetri Research Launches Dashboard for Short-Term Crypto Traders

Simetri Research has launched a new cryptocurrency trading signals platform, which is reportedly designed for short-term traders needing quick market insights. Simetri Research, a crypto research and analysis service backed by digital currency reviewer Crypto Briefing and crypto price aggregator CoinMarketCap, has launched a new platform that displays short-term trading signals. Closing the information gap Crypto Briefing announced the new service, Coins on the Move, on Aug. 22. Coins on the Move is reportedly designed to meet the informational needs of short-term crypto traders, who prefer to […]

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Xendpay Joins RippleNet to Expand Global Money Transfer Services

International money transfer firm Xendpay has joined RippleNet to take advantage of its network for sending all types of currency around the world. Money transfer service Xendpay has joined Ripple’s global transaction network RippleNet to support international transactions. Going beyond the U.S. dollar Ripple announced the news on Aug. 20. Per the announcement, RippleNet will allow Xendpay to provide money transfer services beyond the United States dollar. Xendpay will use Ripple’s pre-existing network of banks and other financial partners to facilitate money transfers via other forms of […]

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Japanese HR and Tech Giant Recruit Holdings Invests in Blockstack

Blockchain startup Blockstack has received funding from Recruit Holdings, a giant in the Japanese human resources world who will buy STACK tokens as part of the deal. Blockchain startup Blockstack PBC has received strategic investment from Japanese human resources giant Recruit Holdings. U.S. startups look for Japanese partnerships The Block reported the startup’s new funding on Aug. 22. As part of the investment deal, Recruit, which is currently valued at $50 billion USD, is purchasing Blockstack’s STACK tokens.  Blockstack PBC CEO and co-founder Muneeb Ali reportedly remarked […]

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🛑 IS IT TIME TO BUY ALTCOINS, NOT BITCOIN? 🛑

#bitcoin #cryptocurrency #altcoins Disclaimer: I am not a financial advisor and this is not financial advice. Everything expressed is my personal opinion only! Learn EVERYTHING you need to know about Crypto for $10 instead of $195 here: https://www.udemy.com/cryptocurrency/?couponCode=CRYP10 Learn how to be an adept Cryptocurrency trader for $10 here: https://www.udemy.com/cryptocurrencytrading/?couponCode=TRAD10 Telegram Group: https://t.me/sygchat Follow me on Steemit to read my Crypto blogs at https://steemit.com/@suppoman/ Get started with me on Coinbase today here: https://www.coinbase.com/join/58da6c18b6c7053a85 Powered by WPeMatico

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