Sergey Solonin, co-founder of the Qiwi group, and TON investor to the tune of $17 million has decided to reissue his investment as a loan to Telegram, according to a report by Forbes Russia, May 16. Telegram Open Network troubles Following Telegram’s well-documented court battle with the U.S. Securities and Exchange Commission (SEC), the company missed its April 30 deadline to launch the TON network and was prohibited from distributing its Gram tokens. Investors were given until the end of Friday, May 15 to decide whether to accept an immediate…
Day: May 16, 2020
Accenture–Fujitsu Project Hopes to Solve Blockchain Interoperability
While interoperability continues to pose serious challenges for enterprises leveraging blockchain networks, companies may be one step closer to breaking down these barriers. An open-source project initiated by Fortune 500 company Accenture and Fujitsu joined Hyperledger’s Greenhouse on May 13, 2020. The project, formerly known as the “Blockchain Integration Framework,” spent six months in development in the Hyperledger Lab before joining the Hyperledger Greenhouse as the 16th technology code base. Upon joining the Greenhouse, the project was renamed “Hyperledger Cactus” and now sits alongside notable projects including Hyperledger Fabric and…
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How Digital Asset Funds Are Doing During the COVID-19 Crisis
The first thing to note is that despite the safe-haven characterization of crypto, the asset class itself in March appeared to be closely correlated with traditional public markets. Additionally, there were some notable crypto funds that went insolvent due to unhedged positions, a leverage mismatch or challenges with conducting proper risk management. Similar to December 2017, some funds were so beneath their high-water mark that the fund managers decided to wind down their fund, issue compulsory redemptions and stop activities. On average, crypto hedge funds were down among our clients,…
Job Numbers And What They Mean For Todays Market and Making Money With Cryptocurrency
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Job numbers and what they mean explained by Matt on today’s episode, as well as the potential of making money with cryptocurrency and much more… We know that the job numbers are bad due to the current situation but does that mean that there’s no hope for Investors? Should you be investing in China? There are some glimmers of hope, like the Nasdaq being up just a bit despite our situation. And if you’ve been listening to Matt on crypto and bought…
Pine64 Drops BitPay Before First Bitcoin Payment Over Twitter ‘Outcry’
Cryptocurrency payment processor BitPay has lost a major customer before it even began accepting any payments after a social media backlash. In a Twitter debate on May 15, computer manufacturer Pine64 said that it had planned to use BitPay to accept cryptocurrency, but would now halt the plans while it searched for an alternative partner. Pine64: We “no longer intend” to use BitPay The reason, it said, was an “outcry” among Twitter users over the company’s decision to use BitPay. A subsequent post read: We saw the outcry regarding @BitPay…
Once In a Lifetime Money Printing Strengthens Bitcoin’s Bull Case Investor
Since the crypto bubble of 2017 that brought Bitcoin from under $1,000 to $20,000 in a year, analysts have been wondering what will spark the next rally. Many have put their faith in the Bitcoin block reward halving, which came to pass earlier this week, but more and more are becoming convinced that central bank and government liquidity is the “prime catalyst” to start a bull market in both Bitcoin and gold. Fund Manager: “Long Bitcoin and Gold” Due to Money Printing Macro hedge fund manager Dan Tapiero, just a…
Once In a Lifetime Money Printing Strengthens Bitcoin’s Bull Case Investor
Since the crypto bubble of 2017 that brought Bitcoin from under $1,000 to $20,000 in a year, analysts have been wondering what will spark the next rally. Many have put their faith in the Bitcoin block reward halving, which came to pass earlier this week, but more and more are becoming convinced that central bank and government liquidity is the “prime catalyst” to start a bull market in both Bitcoin and gold. Fund Manager: “Long Bitcoin and Gold” Due to Money Printing Macro hedge fund manager Dan Tapiero, just a…
Bitcoin crash called to the hour a day in advance! BTC price targets for pumps & dumps, TA halving
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Not only did I call this bitcoin price crash to the hour, I also called the previous pump to the hour and where we topped out. Guys this really is some next level bitcoin technical analysis that not only gives you support and resistance levels almost to the dollar but tells you exactly when to expect these price moves. I cover new alt coin charts and stocks I’m created as well. Remember this btc halving is a bull trap and I believe…
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