Bitcoin prints record monthly candle, filing reveals Trump crypto platform: Finance Redefined
Bitcoin is inching up toward six-figure valuation as investor optimism remains high due to Donald Trump’s incoming presidency and optimistic signs for cryptocurrency regulation.
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Untraceable Payments and Unlinkable Transactions: Startup Offers “New Generation” Coin
A startup named Pyrex says it has created the “next generation cryptocurrency,” which enables untraceable payments and unlinkable transactions. Its ecosystem includes three separate but interchangeable blockchain payment methods, together with its own crypto bank, cloud mining platform and multi-currency exchange.Secure and privateThe first blockchain payment method is PyrexCoin (PYX), operated by a decentralized peer-to-peer…
Bitcoin Price Briefly Crashes to $11.2K After US Jobs Data Disappoints
The price of Bitcoin (BTC) dropped to $11,219 on Bitstamp on Aug.7 after the U.S. stock market declined. BTC recovered quickly from the brief crash, stabilizing at above $11,600.The price of Bitcoin drops steeply on Bitstamp. Source: TradingView.comThe release of new job data caused the U.S. stock market to slump in mid-day. Nonfarm payrolls rose…
Bitfinex: The Rumors of ‘Insolvency,’ Banking Partners’ Escape, and the Suspension of Fiat Deposits
On October 8, Hong-Kong-based exchange Bitfinex has announced that it is not under the immediate threat of insolvency and the related rumors are unsubstantiated, as well as false. According to the company’s press release, all cryptocurrency and fiat withdrawals are and have been processing as usual without the slightest interference.After some mild clarifications, tension is…
Bitcoin Price Approaching Buy Opportunity, Says Crypto Pundit
Brave New Coin analyst Josh Olszewicz used the Ichimoku Cloud to predict a “once in a quarter” buy opportunity for Bitcoin. 341 Total views 9 Total shares Crypto analyst at Brave New Coin Josh Olszewicz says Bitcoin (BTC) is about to see a buy signal the cryptocurrency only goes through once a quarter. In a Tweet…
Litecoin Turns 8 — Charlie Lee Says Foundation Not Near Bankruptcy
As Litecoin (LTC) celebrated its eighth birthday on Oct. 13, its founder Charlie Lee had to fend off crypto Twitter’s FUD — fear, uncertainty and doubt — about the altcoin.Lee’s original post was the exuberant announcement that:“Litecoin network has been up and running continuously for the past 8 years with zero downtime. And in that…
One in four US teens would buy crypto if given money to invest, survey finds
The results of a new survey suggest teens are still more persuaded that the stock market is where they should invest, yet crypto is more popular than alternatives like real estate. 100 Total views 3 Total shares Researchers have attempted to probe North American teens’ perceptions of the stock market, cryptocurrencies and other investments in…
CEOs of Mastercard and Wells Fargo Concur on Blockchain’s Long Term Potential
Top execs at Mastercard and Wells Fargo agreed that blockchain technology has long-term potential, but it has not been realized to date, CNBC reports on March 28.Wells Fargo CEO Tim Sloan and Mastercard CEO Ajaypal Banga concurred that the potential of distributed ledger technology (DLT) is yet to pay off, but that there are still…
Venezuela Raises Petrol Prices, Mandates Support for Petro at Gas Stations
Venezuelan petrol stations now support the state-issued Petro cryptocurrencies, however, the rollout comes amid an aggressive adjustment to the country’s petrol regime. 1114 Total views 30 Total shares Venezuela has announced that petrol stations across the nation will sell gasoline at a reduced price in exchange for the country’s state-issued, oil-backed cryptocurrency, the Petro.However, the…