Day: November 13, 2020

*BEZOS SELLS AMAZON* Ripple/XRP: Stock Market Selloff Looms As Crypto Gets BULLISH… 2020 Roadmap

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Udemy Altcoin Ratings, Reviews, & Price Analysis Course: Twitter: Instagram: -Election Projection -Jeff Bezos Amazon Selloff -BTC 14K… Silk Road Wallet -2020 Roadmap *I am not a financial adviser & this is not financial advice *ANY & ALL COMMENTS ABOUT GIVEAWAYS ARE SCAMS* *I DO NOT COMMENT IN COMMENT SECTIONS & IF YOU SEE SOMEONE WITH MY NAME THAT IS AN IMPERSONATOR* ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Ripple files for yet another new trademark in the US

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Ripple, the developer of various XRP-based products, has filed yet another new trademark with the United States Patent and Trademark Office, or USPTO. Filed on Nov. 6, a filing for the trademark “PayString” gives scant information as to which business or product will be marketed under its canopy. Indeed, the trademark registration description is identical to that used for Ripple’s “ripplenet” filing earlier this year. According to this description, PayString covers the span of different categories of electronic financial services: the use of fiat and digital currencies for remittances and gifts;…

Blockchain-based EV charging trial gets $1M from Canadian government

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A three-year pilot scheme for an innovative blockchain-based electric vehicle, or EV, charging platform has received $1 million in funding from Natural Resources Canada, a department of the country’s government. The scheme promises to reduce the cost of EV charging transactions and enhance power grid efficiency, according to an article on the independent Electric Autonomy Canada platform. The pilot will take place at two multi-tenanted office buildings in downtown Toronto, and is run by EV charging platform SWTCH Energy and intelligent energy software developer Opus One Solutions. The innovation comes…

Yearn Finance (YFI) Up 13% Following Polychain’s $8.2M Investment

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Yearn Finance’s governance token YFI resumed its uptrend on Friday as traders assessed a high-profile investment into its asset management protocol. On Wednesday, crypto firm Polychain Capital increased its exposure in the YFI market after buying another 141 tokens. According to Messari, the hedge fund had purchased 329 tokens last month, a move that gave it control of 1.6 percent of the total YFI supply, amounting to almost $8.5 million at this writing time. Bullish Outlook The news prompted traders to increase their short-term upside bets in the YFI market.…

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LTC/USD Analysis: Patterns And Levels To Watch

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Litecoin is leading in today’s gains among top 10 cryptocurrencies. Litecoin outperformed Bitcoin, Bitcoin Cash and Ripple by weekly gains. There are no significant updates and news related to Litecoin, except listing on Paypal, hence the price action is mainly related to speculation by traders and general crypto market sentiment. By the time of writing this article, LTC/USD is traded at $64.11 and has penetrated an important resistance of $64. The continuation of the uptrend is supported by two Moving averages, Simple moving average 100 and an Exponential Moving Average…

Binance launches Ethereum Mining Pool with 0.5% fees

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After launching its Bitcoin (BTC) mining pool in April, crypto exchange Binance has now launched an in-house mining pool for the market’s largest altcoin by market cap, Ether (ETH). For the first month, between Nov. 12 and Dec. 12, Binance is trying to attract miners by offering a zero-fee regime. After that, those contributing their hashin power to the pool will be charged a competitive 0.5% commission on their earnings. Binance’s instructions for setting up a mining pool account note that participants will need to use a Windows or Linux operating system,…

Bitcoin futures and options suggest that a major BTC price move is looming

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Bitcoin (BTC) has been highly volatile in recent weeks, rallying above $16,000 for the first time in three years. But the futures market’s open interest indicates that a large volatility spike is likely very close. The term “open interest” refers to the total sum of contracts that are actively open in the futures market. If the open interest is high, it means there is a high number of traders betting on Bitcoin price action. Bitcoin futures aggregated open interest. Source: Skew Currently, as of Nov. 13, Bitazu Capital founding partner…

$300M in Bitcoin Flow to Binance From Huobi as China Gets Tougher on Exchanges

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As the Chinese government cracks down on several crypto exchanges catering to traders based in China, many of those customers – and their bitcoin – have been making their way to Binance over the past few days. Bitcoin flows to Binance from Huobi reached an all-time high since the Huobi chief operating officer, Robin Zhu, allegedly went missing on Nov. 2. According to data provided by CryptoQuant, a total number of 18,652 bitcoin, worth nearly $300 million, was transferred from Huobi to Binance from that day until Nov. 11. Bitcoin…