Day: November 12, 2020

Ripple XRP News: THIS IS INSANE! THIS IS ONE OF THE BEST DAYS IN CRYPTO HISTORY, BEATING ALL ODDS!!!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io NEW IG YT: Let’s hit 500 likes within 24 hours! Twitter: Discord: Finance Channel: 5 Minute Crypto: The Hardware Wallet I use: Earn interest on your XRP & other crypto: New Facebook group: GO CHECK THIS FOR THE LATEST NEWS: Buy crypto here: This is not financial advice! #XRP #Ripple #Crypto ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

BMW to Launch Electric SUV iX in Early 2022 to Compete with Tesla

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Despite intentions to compete with Tesla, the BMW iX driving range is lesser than the estimated driving range of the Tesla Model X Long Range. German multinational company BMW AG (ETR: BMW) is planning to launch its electric sport utility vehicle (SUV) BMW iX in 2022. The company aims to launch its electric SUV to rival Tesla Inc (NASDAQ: TSLA) and other electric vehicle makers.  According to a Reuters report, the German company is planning to unveil its new electric SUV for sales in the US. Upon its roll-out in early…

Facebook and Google Extend Post-Election Ban on Political Ads

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Digital media strategists for both the Republican and the Democratic parties have expressed their frustration with the ban. Following an earlier ban on post-election ads, the duo of social media giants Facebook Inc (NASDAQ: FB), and Alphabet Inc (NASDAQ: GOOGL) may be extending their post-election ad bans by a month to curb misinformation amid Georgia Senatorial election run-offs. According to a Reuters report, the ban on political ads by the social media behemoths has raised concerns from interest groups including both from the Republican and the Democratic parties respectively. Elections…

Top DeFi Analyst Explains Why YFI & AAVE Surged 100% in Days

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Top decentralized finance (DeFi) coins such as Aave and Yearn.finance’s YFI have exploded higher over the past few days. Since bottoming last week when Bitcoin began to rapidly appreciate higher, top coins pertaining to DeFi have gained 100%. The DeFi rebound has caught many investors off guard. There were many analysts that were saying that during this leg of the bull market, Bitcoin would likely be the outperformer that would take all attention away from all altcoins. This seemed to be the case for a number of weeks as top…

Ray Dalio believes nations will outlaw Bitcoin if BTC price keeps rising

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Ray Dalio, the billionaire hedge fund legend, doesn’t see digital currencies like Bitcoin (BTC) succeeding the way other people do. He expects authorities to clamp down on cryptocurrencies when they see “material” growth. The daily chart of Bitcoin dating back to Jan. 1, 2020. Source: TradingView Meanwhile, BTC has hugely outperformed Bridgewater year-to-date. Barry Silbert, CEO of Grayscale — a cryptocurrency investment firm with over $9 billion in assets under management — said: “YTD returns: Bridgewater Pure Alpha II Fund: -18% Bitcoin: +115%.” Bitcoin and Bridgewater cannot be directly compared,…

3 reasons Bitcoin price just hit $16,000 for the first time since 2017

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The price of Bitcoin (BTC) surged past $16,000 on Nov. 12 for the first time in nearly three years. The momentum of the dominant cryptocurrency is strengthening due to three key major factors. The main catalysts behind BTC’s rally are the non-overheated derivatives market, repeated retest of $16,000, and the $14.9K whale supply zone. The weekly chart of Bitcoin with percentage gains. Source: TradingView.com The recent dip reset the Bitcoin derivatives market On Nov. 10, the price of Bitcoin abruptly declined to as low as $15,072. The market drop occurred…

Bitfinex Introduces New Tether-backed ‘Bitfinex Borrow’ Service

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The new Bitfinex Borrow platform will allow users to get access to peer-to-peer lending and borrowing by putting their Bitcoin (BTC) and Ethereum (ETH) holdings as collateral. On Wednesday, November 11, crypto exchange Bitfinex introduced a new crypto-loan platform dubbed Bitfinex Borrow. This new platform allows users to get a loan by putting their crypto holdings as collateral and get a loan in USD or Tether (USDT). The platform is currently accepting only two cryptocurrencies – Bitcoin (BTC) and Ethereum (ETH) as collateral – for offering the loan. Interestingly, Bitfinex…

Open Data Institute’s 2020 virtual summit

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The ICO’s work, as regulator for both data protection and freedom of information, sits comfortably alongside that of the ODI. There is a shared passion for transparency wherever possible, and a shared recognition of the value of data, and the benefits that can come from sharing data. But the shared principle I most want to focus on today is trust. And in particular, trust as an imperative if the type of innovations being discussed today are to achieve their full potential. Listening to discussions today, I’m hearing a tone of…

Exclusive | FUSANG CEO: CCB’s $3 Billion in Blockchain-Based Debt Bonds is Rise of Crypto 2.0

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FUSANG exchange CEO Henry Chong believes that China Construction Bank’s historic blockchain-based bond listing, which represents the first tranche of $3 billion in debt, marks the beginning of a transition into what he calls “Crypto 2.0”— or the institutionalization of digital asset products ranging from securities like shares and bonds to other assets like commodities and real estate.  China Construction Bank (CCB) in partnership with FUSANG digital security exchange listed the first blockchain-based digital bond accessible to global investors yesterday—issuing the first portion of a planned $3 billion worth of tokenized…