Day: November 20, 2020

MicroStrategy Wants to Be in the Bitcoin Business, Not Just an Investor

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MicroStrategy executives are on the hunt for blockchain experts who could help the publicly traded firm build a suite of bitcoin data services. Exactly what those services might be, when they would come online, and how they would be monetized and are still open questions. But in a Nov. 16 conference call, Chief Executive Michael Saylor, who spearheaded MicroStrategy’s nine-figure bitcoin allocations this summer, told investors his firm is eager to “leverage” its business intelligence experience in the bitcoin data space. “There’s an entire exploding universe of intelligence opportunities all…

Singapore ready to launch wholesale CBDC, local exec says

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Singapore is ready to launch it’s own central bank digital currency, or CBDC, said Sopnendu Mohanty, chief FinTech officer at Singapore’s central bank and financial regulator, Monetary Authority of Singapore. Speaking on the subject during an exclusive interview with Cointelegraph, Mohanty pointed out that in Singapore there is not much demand for a retail CBDC, given that payment system infrastructure in the country already allow fast and cheap payments among individuals. Instead, Singapore’s central bank is focused on the development of a wholesale CBDC, which will be used to facilitate…

Cardano ada price prediction | ada double curve analysis next 0.12 shortly ? november 11th 2020

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Join Our Youtube Member : Get Exclusive Price Analysis Charts Our Backup Channel Please Subscribe : Official channel : Follow the twitter : Hi Friends Note: no voice – only straight point Note: this channel is for educational and opinion purposes only and is not financial advice Only for entertainment purposes Live Day Trader I have been making price analysis videos since 2017. For More Updates Please Subscribe Our Channel & Follow Social Channels. Our channel related topics: My channel includes discussion…

Watch out, fraudsters are claiming they are from Blockchain.com

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Fraudulent actors currently float around the internet claiming association with crypto trading and wallet company Blockchain.com, as confirmed by the Financial Conduct Authority, or FCA, a United Kingdom-based regulatory entity. The copycats assert association with Blockchain.com under Blockchain Ltd, a clone version of the real company. The genuine Blockchain.com, under the agent Blockchain Access UK Ltd, and principal entity Modulr FS Limited, holds legitimate FCA authorization, according to a warning posted by the FCA on Friday. “Fraudsters are using the details of firms we authorise to try to convince people…

Blockchain Bites: BlockRock Exec Says Bitcoin Is ‘Here to Stay,’ Investors Load Into BTC Puts

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Major bitcoin miners are signaling their support for the network’s Taproot upgrade. Institutional buyers are loading up on BTC puts, Deribit analysts say. Goldman Sachs thinks the  “digital yuan” could be in a billion hands in a decade.  Top shelf BlackRock SquawksA top BlackRock executive, in charge of where the world’s largest asset manager invests its fund, said that bitcoin could take the place of gold, because it is “so much more functional than passing a bar of gold around.” Appearing on CNBC’s Squawk Box, BlackRock CIO of Fixed Income…

Michael Casey: Bitcoin Is the Biggest Big Short

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Short-sellers, who make money when the price of a targeted financial instrument declines, aren’t always popular with corporate or government leaders. Those on the receiving end of contrarian bets against stocks or currencies tend to portray them as sharks undermining people striving to build, grow and create value. This, if you’ll excuse the pun, is short-sighted.  Short-selling is a necessary part of any functioning, efficient financial system. It provides liquidity, ensuring there’s a seller on the other side of each bid. And when viewed in totality, those occasions where the…

First Mover: Bitcoin ‘Rich List’ Grows as Whales HODL and Price Retakes $18K

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Bitcoin reached fresh 35-month highs above $18,400 during the European trading hours. The cryptocurrency has failed to keep gains above $18,000 in the previous two trading days. It will be interesting to see if prices establish a foothold above that level on Friday.  “The market showed a lot of resilience and dip buying interest to shake off any immediate questions about the sustainability of the recent upside. So much so, that bitcoin has moved back above the $18,000 level and remains on track to retest the highs from earlier on…

Bitcoin.com Announces Cooperation Agreement With Japanese Media CoinOtaku

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PRESS RELEASE. Bitcoin.com, the go-to web portal for everything bitcoin, announced it reached a cooperation agreement with Japanese media CoinOtaku. A subsidiary of Beat Holdings Limited, CoinOtaku (CoinPartner) has over 900,000 views per month in its cryptocurrency portal and thousands of subscribers to its YouTube channel. In addition to the media business, Beat Holdings also owns Crypto Messenger Wallet – an app capable of showing news updates, price charts, messenger, and sending and receiving crypto assets. It is now possible for users to store Bitcoin Cash (BCH) on the wallet,…

Bitcoin price breaks past $18.8K as bears and bulls map out its path

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There are both bearish and bullish scenarios for Bitcoin in the foreseeable future. The bear cases surround two key data points: rising BTC deposits from whales to exchanges and BTC’s lack of retests of crucial support levels. The bull cases are based on HODLer activity, address activity, the market capitalization gap between BTC and gold, and the favorable technical structure of Bitcoin. Bitcoin surpassing $18,500 is critical for its near-term price cycle. There were large sell orders right above $18,500, which acted as a strong resistance area. In prior attempts…