▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethereum News, Innovation & Development – March Update In this new regular series Anthony Sassano & I will be going over all the latest innovation, … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
JPMorgan Chairman and CEO Jamie Dimon praised the U.S. government for quick action in the wake of COVID-19, yet he criticized it for not having a “pandemic playbook.” Dimon is mostly known among the crypto community for his derisive statements about Bitcoin (BTC). In September 2017, Dimon called Bitcoin “a fraud” right before its historical peak. On another occasion he said: “It’s worse than tulip bulbs. It won’t end well. Someone is going to get killed.” A few months later, he acknowledged regretting those statements. (And when JPMorgan subsequently announced…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I can finally mine Monero the Ultimate Privacy coin on my CPU and so can you! Email me if you would like a monero miner setup and want to learn about the … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Twitter CEO and Square founder Jack Dorsey has started a new fund called Start Small LLC, aimed at fighting COVID-19. He’s seeding the fund with $1 billion, roughly 28% of his wealth. He shared the news via Twitter: Source: Twitter The fund’s efforts will initially focus fighting the global pandemic currently dominating the news cycle, but will eventually switch to providing money for girl’s health, education and universal basic income (UBI) initiatives. Dorsey is really putting his money where his mouth is when it comes to taking action to improve…
Law firm Robbins Geller Rudman & Dowd LLP announced on April 7 that the lead plaintiff motion deadline in the Canaan securities IPO class action lawsuit was set for May 4, 2020. The Canaan’s litigating stakeholders in the “Lemieux v. Canaan Inc.” case are expected to decide who will represent their interests, as they were accused that the initial public offering (IPO) carried out last November violated the Securities Act of 1933. Misleading and false information provided The lawsuit alleges that the Registration Statement for the IPO was false and provided investors…
Bitcoin Cash (BCH) will complete its block reward halving over the next 24 hours, with Bitcoin Satoshi’s Vision (SV) following shortly after. One of Bitcoin’s most controversial forks, Bitcoin Cash, will halve in approximately 16 hours as of press time, cutting its block reward from 12.5 BCH down to 6.25. Bitcoin forks follow the original coin’s lead The result of community disputes, Bitcoin’s chain split in 2017, forming two assets — BTC and BCH. Consequently, BCH comes with the same maximum coin supply and mining reward payout as its parent,…
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After the bullish price action that transpired on Monday, Bitcoin has been dealt a blow over the past few hours, tumbling from the daily high at $7,470 to a local low of $7,070 — slightly more than a 5% drop from the local high. This weakness comes as the stock market has stumbled for the first time in a week, with the S&P 500 index actually posting a slight 0.16% loss since the Tuesday open and after Monday’s 7% performance. But is this it for Bitcoin bulls? Related Reading: After…
In a recent discussion with Morgan Creek Digital Partner Anthony Pompliano, Social Capital CEO and former Facebook executive Chamath Palihapitiya asserted that the price of Bitcoin (BTC) will either reach “millions,” or go to “zero.” For Palihapitiya, the question of whether Bitcoin succeeds will be determined by whether the architects of the existing financial system continue on the current path toward debasement. BTC price will either go to the moon or the gutter Palihapitiya asserts that his case for BTC gaining over 100x from its current price rests on deteriorating…
In a recent discussion with Morgan Creek Digital Partner Anthony Pompliano, Social Capital CEO and former Facebook executive Chamath Palihapitiya asserted that the price of Bitcoin (BTC) will either reach “millions,” or go to “zero.” For Palihapitiya, the question of whether Bitcoin succeeds will be determined by whether the architects of the existing financial system continue on the current path toward debasement. BTC price will either go to the moon or the gutter Palihapitiya asserts that his case for BTC gaining over 100x from its current price rests on deteriorating…