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Day: July 11, 2020
On the Importance of Not Losing — A Guide to Compound Interest
When I began to get interested in trading, about 20 years ago, I read many books on the topic. One day, I saw: “In order to make money in the markets, the importance is not to lose.” Duh! — did I tell myself while reading… only later to discover the real meaning behind that catchy phrase, which I have since applied when trading, and to a great benefit. The eighth wonder of the world In order to understand the true meaning of, “In order to make money in the markets,…
Bitcoin Prize For Winners Of South Africa Mountain Bike Race
About 150 mountain bikers will compete at this year’s edition of the Munga MTB race in South Africa. The race will commence in the first week of December. The top three finishers in each category will share the 1.5 bitcoin in prize money. The Bitstamp sponsored race was launched in 2015. Bikers from South Africa, as well as those from around the world, will take part in the event. Alex Harris is the director of the Munga MTB. At last year’s event, the prize money was 1.5 bitcoin that was…
Top 10 Cryptos Outperforming Bitcoin
Alternative cryptocurrencies, or altcoins, have started to record large gains across the board. Some small-cap coins have seen triple-digit percentage gains in recent weeks. But several larger-cap cryptocurrencies have also been posting serious gains such as VeChain (VET), Stellar (XLM), Cardano (ADA) and Chainlink (LINK). Cryptocurrency market performance in the past 7 days. Source: Coin360 Top ten top performers in the crypto market in the past week In the past week, VET, XLM, ADA, ALGO, LINK, BSV, ATOM, XRP, CRO and ETC outperformed the rest of the market including Bitcoin,…
*NEW* Bitcoin Blackmail Email Scam…. They Have a Video of You On Webcam?! (Breaking News)
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South Korea Brings Blockchain to Healthcare, but That’s Just the Start
The government of South Korea is trying its best to adopt blockchain technology in various industries. The country’s central bank is reviewing the use of a central bank digital currency, and various government ministries want to adopt decentralized identification features within their current systems. Hospitals, pharmaceutical companies and research centers are also looking at blockchain solutions. Everyone knows that blockchain can help the medical industry, but at the same time, applying a new blockchain service structure to traditional industries is not so quick and simple. Lots of testing needs to…
Who Will Win the Central Bank Cryptocurrency Race?
The rise in demand for digital payments during the COVID-19 pandemic further highlighted the importance of CBDCs and intensified the global race between central banks. The question is – which one will win? Central banks all over the world have been developing their own state-issued digital currencies. According to a recent survey by Central Banking, 65% of the participants stated that they had been actively researching digital currencies, revealing a race between central banks to develop national cryptocurrencies. In fact, Kai Sheffield, the head of Visa‘s cryptocurrency division, considers central…
Tesla (TSLA) Stock Surges 10% to End Week at Record Level of $1544
Tesla (TSLA) stock growth and the company’s performance are expected to help Tesla enter the S&P 500 index. The stock hit a new record high on Friday closing above $1540 levels. The stock market rally for the electric-automobile giant Tesla Inc (NASDAQ: TSLA) looks unprecedented, especially during the COVID-19 economic slowdown. On Friday, June 10, Tesla stock ended 10.78% higher closing above a record of $1,544.65. Earlier in July, Tesla overtook Toyota Motor Company (NYSE: TM) become the most valued automobile company globally. Now, Tesla is very much close to…
This Eerie Shanghai Composite Fractal Predicts Bitcoin Will Surge Past $10k
Bitcoin was once branded as an asset that was uncorrelated from the rest of the financial markets. Look no further than a survey of institutional investors by Fidelity Investments. It found that a good portion of this group want to buy cryptocurrencies because they are a valuable portfolio diversifier that is uncorrelated. Yet this has seemingly changed over the past two months. BTC, as many have heard, is seemingly trading in line with global stock markets at this point. JP Morgan, the Wall Street banking giant, commented the following on…
Will Bitcoin Replace Existing Banking System ? Live QA
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