Day: May 8, 2020

Binance Hires Former HSBC Banker and Fintech Veteran to Lead UK Growth

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Major cryptocurrency exchange Binance has hired banking and fintech veteran Teana Baker-Taylor to lead its expansion in the United Kingdom and European market. Baker-Taylor has over 20 years of experience in HSBC, Citi, and the Royal Bank of Scotland, and was the executive director of U.K.-headquartered blockchain and digital assets industry body Global Digital Finance.  In 2018 and 2019, she was recognized as one of the most influential women in fintech globally by Innovate Finance and was also awarded the Blockchain Leader award by Women In Tech in 2019. In…

Bitcoin Fever: Big Whale Hedge Fund Manager Paul Tudor Buys BTC

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Paul Tudor Jones, a highly reputed hedge-fund manager and founder of Tudor Investment Corporation, has made it clear that Satoshi Nakamoto’s Bitcoin, the world’s flagship cryptocurrency is a safe-haven asset to hedge against “great monetary inflation,” and as such, he’s going all-in on Bitcoin (BTC), according to a Forbes report on May 7, 2020. Paul Tudor Joins the Bitcoin Bandwagon At a time when the COVID-19 pandemic has thrown the world into another recession, with the United States debt now at a massive $25 trillion under the President Donald Trump…

Bitcoin Price Managed to Rise Above $10K for First Time Since February but Went Down

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The Crypto Valley experts came to a consensus that this Bitcoin block reward halving would be different from the previous two, regardless of which direction the price of Bitcoin (BTC) goes. However, it seems that, at least for now, Bitcoin price is going up constantly. The price of Bitcoin continues to rise preparing the cryptocurrency and its investors for the next week’s long-anticipated BTC halving. The event itself is trending as a topic on social media, even as few appear to be considering what may happen after it’s over. Bitcoin…

Bitmain Exec Reportedly Arrested After Street Brawl With Co-Founder

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Bitmain CFO and supposed legal representative Luyao Liu was arrested after allegedly partaking in a mob attack on the company’s ousted co-founder Micree Zhan in Beijing, local reports suggest. Liu was “taken away by the police” after Zhan was robbed of a business license for Bitmain Beijing, the mining giant’s main subsidiary, Chinese cryptocurrency news outlet Deepchain reported on May 8.  The ex-senior executive has been engaged in a power struggle with Jihan Wu, also a Bitmain co-founder, who ousted him from the company in October 2019. According to Primitive…

First Mover: Search Interest in Bitcoin’s Halving Reaches Fever Pitch as Price Hits $10K

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With fewer than four days left till bitcoin’s halving, popular interest in the once-every-four-years event is reaching a fever pitch. Google Trends, a barometer for gauging interest in trending search topics, shows searches for “halving” or “bitcoin halving” at five times the peak in 2016, when the blockchain underwent its previous halving event.  You’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more.…

Harvard Blockchain Lab Applauds Fight to Fame Model for True Realization of Decentralized Ecosystem

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Fight to Fame, a blockchain-based entertainment platform has been praised by the Harvard Blockchain Lab for consistently presenting decentralized events, online malls, movies, and action star reality shows. According to the release shared with Blockchain.news, it uses a BMS business model in the production of action movies, and fans are empowered by the FF Token when voting and making purchases. Notable strides in the crypto space By granting the fans using the platform with FF tokens, they can bet on preferred players, exchange derivatives, and buy tickets, and this offers…

Cambridge University Unveils New Tool for Tracking Bitcoin Mining Activity

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The Bitcoin Mining Map offered by Cambridge Centre for Alternative Finance shows the region-wise concentration of the BTC hash rate. It demonstrates that China alone dominates 65% of the total global hash rate. An academic research center – Cambridge Centre for Alternative Finance (CCAF) – affiliated with the Cambridge University has unveiled a new tool dubbed Bitcoin Mining Map. This is basically a Bitcoin mining tracker showing countries with the highest concentration of mining activity. The tool visualizes the monthly share of the global hash rate for different countries. Besides,…

Bixin Unveils $65M BTC-Denominated Fund to Get More Bitcoin

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Bixin Global, a Hong Kong-based cryptocurrency firm, has launched a fund of funds (FOF) financed with 6,600 Bitcoin (BTC), worth over $65 million as of press time. Main goal: increase Bitcoin holdings According to a May 8 announcement, Bixin launched the fund to invest in cryptocurrency funds globally. The FOF is BTC-denominated and its main goal is to increase its Bitcoin holdings. The strategies of the funds that Bixin intends to invest in will be quant-based and can utilize arbitrage or trend analysis. Furthermore, the firm also hopes to develop…

What's the Most Undervalued Cryptocurrency? | Token Metrics AMA

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Undervalued #Lowcap #Altcoins What’s the most undervalued low cap cryptocurrency on the market? Token Metrics Media LLC is a regular publication of information, analysis and commentary focused especially on blockchain technology and business, cryptocurrency, blockchain-based tokens, market trends, and trading strategies. Be sure to subscribe and like the video to let us know you like the content! Sign up for Token Metrics at ✔ Follow us on social media below: ► Telegram Alerts Channel: ► Telegram Discussion Group: ► Twitter: ► Instagram:…