Day: September 11, 2020

Price analysis 9/11: BTC, ETH, XRP, LINK, BCH, DOT, BNB, LTC, CRO, BSV

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Although Bitcoin price is range-bound, a few altcoins have started a relief rally which could push them above key resistance levels. The President of the European Central Bank (ECB) Christine Lagarde said that the coronavirus pandemic has acted as a catalyst in boosting the adoption of digital payments in the European Union. Lagarde expects the majority of the consumers to continue using digital services even in the future. In order to support the digitalization, the ECB has formed a task force, which is “exploring the benefits, risks and operational challenges”…

Buy Gift Cards With Bitcoins or Altcoins With Coinsbee

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Platform Name: CoinsbeeURL: https://www.coinsbee.com/Company: TSMH GmbHLocation: Stuttgart, GermanyFounded: 2019Supported Languages: English, German, Russian, Spanish, French, and ChineseSupported Cryptocurrencies: over 50 leading cryptos including BTC, ETH, LTC, XRP, TRX, BCH, NANO, DAI, XLM and GNT Social Media Facebook: https://www.facebook.com/Coinsbeecom-2042415356068276/Twitter: https://twitter.com/coinsbeeReddit: https://www.reddit.com/user/coinsbee_com/ What is Coinsbee?   Coinsbee is an online service that allows users to purchase digital gift cards and recharge vouchers for use on major online platforms and service providers with cryptocurrencies. Open for users across the globe, Coinsbee offers an easy way to pay for a variety of goods and…

Money Reimagined: Ending Money’s Distance Trap

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For Australians of my generation, historian Geoffrey Blainey’s phrase the “tyranny of distance” was the defining descriptor of our place in the world, a place that seemed awfully far from everyone else.  In September of 2020, with hundreds of millions of broadband-connected homes using global video-conferencing services like Zoom and with remote work the norm for white-collar workers everywhere, we might believe distance is now a non-issue – not just for Aussies but for anyone. In the COVID-19 era, geography seems irrelevant.  But while the internet has removed location as…

Square Inc. Launches Alliance for Crypto and Blockchain Companies to Fight Patent Trolls

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Jack Dorsey’s payment company  Square has announced that it has successfully launched an initiative called “Cryptocurrency Open Patent Alliance,” dedicated to empowering blockchain and crypto-driven companies in the technological sector and to protect them from patent hoarding trolls. COPA for cryptocurrency technology advancement Through this open-source alliance, Square hopes that the crypto technology sector could grow, innovate, and subsequently, better products could be put forth for all to benefit. The Cryptocurrency Open Patent Alliance (COPA) is designed to enable blockchain companies to join forces in order to prevent competing companies…

The $700 Million Wallet Crack: Bitcoin’s 7th Largest Address Is Under Constant Attack

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During the last two years, hackers have been trying to crack the seventh-largest bitcoin wallet, an address that holds 69,370 BTC or $712 million using today’s exchange rate. According to the CTO of the cybercrime intelligence firm, Hudson Rock, the wallet is being publicized on hacking forums in order to crack the password. Wallets with a massive amount of bitcoin (BTC) are listed on bitinfocharts.com in a list called the “Bitcoin Rich List.” During the last ten years, crypto proponents have scrutinized this list in order to figure out the…

Hong Kong’s BTC association pushes ‘Bitcoin Tram’ ad campaign

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The Bitcoin Association of Hong Kong, a major local alliance promoting crypto awareness and education, is launching the “Bitcoin Tram” ad campaign in Hong Kong; one of the world’s main global financial centres. According to a Sept. 11 announcement, the new ad campaign composes three double-decker trams fully covered with Bitcoin logos and ads alongside 20 similarly-designed billboards across the city. Hong Kong’s Bitcoin Association said in the announcement that the “educational campaign” was initiated by the Hong Kong Bitcoin community and is coordinated by the association. The campaign is…

Crypto.com latest to bank on DeFi hype with Uniswap-based exchange

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Crypto.com, a conglomerate dealing primarily with payments and the exchange of crypto assets, announced its foray into decentralized finance with a platform named DeFi Swap. According to its whitepaper, published on Friday, DeFi Swap is a fork of the popular Uniswap decentralized exchange.  The differences, beyond slight aesthetic changes, appear to consist in the choice of tokens, additional geographic restrictions, and notably a yield farming incentive based on CRO, the token of the Crypto.com Chain. Users who stake the CRO token with the exchange will be entitled to a reward…

YFI Reclaims Support Post Coinbase Listing, New All-Time Highs In Sight

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Yearn.Finance, most commonly referred to as YFI, is one of the hottest DeFi tokens this year and trades at prices three to five times as much as Bitcoin itself. The incredible success story appears to be ready to climb to higher heights, after reclaiming two important supports following the recent Coinbase listing. Yearn.Finance Has Plenty of Fuel Left In The Tank Despite Recent Crypto Market Pitstop There have only been very few and far between rags to riches stories in the crypto market since the bubble burst years ago. Even…

Bitcoin Poised to Benefit from U.S. Stimulus Proposal If Senate Approves

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Americans who have been buying Bitcoin with their U.S. stimulus package may now buy more once the Senate approves the new bill. Bitcoin could benefit from the new U.S. stimulus proposal, which will include a new round of $1,200 checks. Already, the Senate has rejected a “skinny” stimulus bill as it does not support individual checks. According to a report by Cointelegraph, the Senate will most likely sign a bill that includes direct payments by the end of September. If they approve the bill without the inclusion of direct payments, stocks and…

FB Stock Down 0.25% Now, Facebook Goes to Ireland’s High Court

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After closing yesterday trading at $268.09, approximately 2.06% down, Facebook (FB) stock has dropped over 5% since the beginning of the week. The company has gone to the Ireland High Court to appeal a move to curb EU-US data transfer. Facebook Inc (NASDAQ: FB) stock continues experiencing a strong downward pull amid overall stock sell-off. The shares closed Thursday market trading at $268.09, approximately 2% down. However, they had regained some of the losses in the pre-market as they were 0.68% up. At the time of writing, the stock is…