Day: December 3, 2020

Over 40 US States Set to Sign Antitrust Lawsuit against Facebook

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Facebook has been alleged to withhold critical data from its competitors thus crushing them. Social media giant Facebook Inc (NASDAQ: FB) faces a possible antitrust lawsuit from over 40 US states led by New York City. According to news outlet Reuters, the lawsuit is likely to be focused on the recent acquisitions made by Facebook including Whatsapp and Instagram. In response to this, New York Attorney General, Letitia James, said they “don’t comment on the details of an ongoing investigation, but as we have said before, we will continue to…

Slush Pool Encodes Reuters’ Bullish Bitcoin Headline

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Slush Pool is an active and notable player in the crypto sphere whose mining pool offering has earned it a place in today’s Bitcoin ride onto stardom. The oldest cryptocurrency mining pool Slush Pool has made a move that seeks to immortalize a Reuters statement that is bullish on Bitcoin (BTC). Per a Cointelegraph report, the move by Slush Pool to encode the Reuters headline is a testament to Bitcoin’s Genesis Block which bore a banner from The Times. The encoded block comes following the bullish run of bitcoin in…

Bitcoin Surges After Bulls Defend Key Level; What Analysts are Watching For

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Bitcoin is in the process of pushing higher today, with bulls aiming at sending the cryptocurrency up towards the resistance that it has long faced within the mid-to-upper $19,000 region. If the selling pressure here remains constant and continues hampering the cryptocurrency’s growth, then bears may be poised to gain some control over BTC’s price action and send it reeling down towards $18,000 once again. Where it trends in the mid-term will depend largely on whether or not it can maintain the trend of setting higher-lows after each rejection around its…

BITCOIN ATMS ARE BOOMING! 12,000 NOW WORLDWIDE!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io LAST MONTH WE WERE AT 10K ATMS, NOW THERES AN ATM SPRUCING UP ALMOST EVERY SINGLE HOUR… CRAZY!!!! BITCOIN $15.3K, GOOD TIMES AHEAD FOR CRYPTO AND BTC 🙂 ▶▶ Subscribe to Kubera for DAILY crypto uploads! ▶ How I lost $100,000+! – ▶ BUSINESS ONLY: tychebitcoins@gmail.com #CRYPTOATMS #BITCOINATMS #BITCOIN If you enjoyed this video, please consider giving this video a like and subscribing to the channel! Below you’ll find all your cryptocurrency needs! ▶ Want to purchase Bitcoin? ✔ CoinMama – Paxful…

Everyone’s talking crypto for solving sub-Saharan Africa’s payments problems

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As global interest in stablecoins explodes, a number of key players are pushing especially hard for more adoption in Sub-Saharan Africa. On Thursday, the Center for Strategic and International Studies’ Africa Program published new analysis advocating more options for crypto users in sub-Saharan Africa. CSIS is a well-known Washington, DC-based think tank. The authors of the analysis, Judd Devermont and Topaz Mukulu, are extremely optimistic about the future role of crypto, specifically predicting that “Digital currencies almost certainly will become more common in general and in sub-Saharan Africa in particular.”…

Blackrock CEO Larry Fink: Bitcoin Makes US Dollar Less Relevant, Can Evolve Into a Global Market

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The CEO of Blackrock, the world’s largest asset manager, said that bitcoin “can evolve into a global market.” Moreover, the cryptocurrency has a “real impact on the U.S. dollar,” making the need for the USD “less relevant.” Bitcoin Evolving Into a Global Market Blackrock CEO Larry Fink made some bullish statements about bitcoin in a conversation with former Bank of England Governor Mark Carney at the Council on Foreign Relations symposium on Tuesday. Blackrock is the world’s largest asset manager with over $7 trillion in assets under management. “Bitcoin has…

Stripe will offer bank accounts, with help from Goldman Sachs and Citi

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Online payments giant and Cash App owner Stripe is stepping into a new realm of financial services for vendors. Per a Wall Street Journal exclusive on Thursday, Stripe is looking to offer customers bank accounts and debit cards. However, these financial products will be limited to vendors and merchants for now. The new initiative will also involve collaboration with banking giants Goldman Sachs and Citi, which is part of a broader push from both to incorporate online business services and new technologies.  In 2015, Stripe was an early payments platform…

Bitcoin Addresses Active in November Were Almost as High as Dec. 2017

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Quick take: The month of November saw 19.6 million active Bitcoin addresses This amount is Bitcoin’s third-highest in its history A higher number of active Bitcoin addresses was only witnessed in December 2017 and January 2018 Such a high number of active addresses points towards increased adoption of Bitcoin High network activity on the Bitcoin blockchain is a confirmation of a bull season for BTC The number of active Bitcoin (BTC) addresses in the month of November 2020 hit a high of 19.6 million. According to on-chain metrics from the…

Macau Regulators Move to Introduce Digital Yuan into Gambling Industry

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Despite the fact that the news is not confirmed, casino operators have recorded losses in reaction to the rumors. The gambling industry in Macau is declining amid the rumor that the digital yuan may be introduced to the sector. Already, the gambling industry has been suffering losses as a result of the coronavirus pandemic.  According to a Bloomberg report, Macau’s regulator, the Gaming Inspection and Coordination Bureau, has approached local casino operators concerning introducing digital yuan. Currently, people purchase casino chips with Hong Kong dollars. Citing reliable sources, the report said…

‘Woke’ Prince Harry Should Practice What He Preaches

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This is an opinion. Another week, another Sussex PR own-goal. It seems neither Prince Harry nor Meghan Markle can say anything without dropping themselves in it. Lecturing on the environment? Please, Harry, that’s a subject best left well alone. Prince Harry lurching from one PR disaster to the next is certainly nothing new. Both himself and Meghan Markle have seemingly gone down this ridiculous path since the day they walked away from their royal duties. But one thing that’s always annoyed me is when either of them has the audacity…