Day: December 9, 2020

Standard Chartered to Launch Crypto Trading Platform for Institutions

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Some of the firms included in the deal with Standard Chartered are UK-based financial technology company LMAX, crypto exchange ErisX, Switzerland-based custody provider METACO and UK-based trading technology provider Cobalt. Sources claim London-based bank Standard Chartered has partnered with various crypto exchanges to create a crypto trading platform targeted at institutional investors. “Standard Chartered plus five of the biggest traders in digital assets and four exchanges are about to get this new model started. I think the first test trade will be next month and I’d say it’ll end up…

Apple Released Its First Over-Ear Headphones AirPods Max

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According to Apple, AirPods Max are already available for order. Shipping is planned to begin on December 15. The starting price is $549.  Apple Inc (NASDAQ: AAPL) has introduced its AirPods Max, cutting-edge over-ear headphones that combine a number of user-friendly features and provide great sound. Firstly, AirPods Max offer such features as Adaptive EQ, Active Noise Cancellation, Transparency Mode, and spatial audio. Its 40-mm Apple-designed dynamic driver promises rich, deep bass, accurate mid-range, and crisp, clean high-frequency extension, which allows you to hear every note. At the same time,…

Bridgewater’s Ray Dalio Softens Stance on Bitcoin, Says It Has Place in Investors’ Portfolios

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Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has offered a more positive stance on bitcoin than in comments that made headlines last month. In a Reddit Ask Me Anything (AMA) on Tuesday, Dalio said he thought bitcoin and other cryptocurrencies had “established themselves” over the last 10 years and were interesting “gold-like asset alternatives.” The billionaire hedge-fund manager also noted that cryptocurrencies share similarities and differences to gold and various “limited-supply, mobile (unlike real estate) storeholds of wealth.” Bitcoin “could serve as a diversifier to…

Bitcoin plunges below $18,000 — Here are the levels to watch next

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Bitcoin (BTC) fell below $18,000 on Dec. 9 in the latest continuation of its bearish comedown from all-time highs. Cryptocurrency market overview from Coin360 Analyst: BTC price should “keep correcting” Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD losing $18,000 support during trading, hours after a critical moving average level also gave way. At press time, new lows near $17,600 were appearing, with 24-hour losses totalling more than 7%. BTC/USD 3-day chart. Source: TradingView The situation was tenuous for Bitcoin after support was lost higher up, with exchange data showing buyer…

We're Now In 'Stage Two' Of The Crypto Bull Market

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I said earlier this year that in November and December of 2020 is when the bull market will take off. Well, it’s here. We’re now in Stage Two of the bull market. The first half of this video is health-related info. Skip to the 5:17 mark if you only want crypto information. The detox center info: ►► Join my private crypto Insider’s club here: ►► Crypto buying made easy with Caleb and Brown brokers. They can service any country. Follow this link…

Zhou Xiaochuan: The Father of the Digital Yuan

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The former governor of China’s central bank, Zhou Xiaochuan, helped pave the way for China’s national digital currency (DC/EP), which is poised to have a major impact on both China and the global economy.  A number of experts believe the digital yuan could challenge the supremacy of the U.S. dollar, disrupt China’s well-developed mobile payment industry and create new efficiencies in the Chinese economy. Thanks in part to Zhou’s efforts, while other nations’ digital currencies are still in initial planning stages, China is at the forefront of monetary innovation.  This…

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‘A flood of money and credit’ — Ray Dalio new Bitcoin praise echoes MicroStrategy

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Bitcoin (BTC) can offer protection against the “depreciating value of money,” newly-bullish investor Ray Dalio says. In a Reddit “Ask Me Anything” session on Dec. 8, Dalio, who last month abandoned his skepticism of Bitcoin, said that the cryptocurrency could complement gold as an investment. Dalio: Bitcoin “could be diversifier to gold” “I think that bitcoin (and some other digital currencies) have over the last ten years established themselves as interesting gold-like asset alternatives, with similarities and differences to gold and other limited-supply, mobile (unlike real estate) storeholds of wealth,”…

Another Asian Crypto Exchange Suspends Withdrawals as China Detains One of Its Founders

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Chinese authorities are launching a national crackdown against fraudulent SIM card and bank account schemes. The latest detained under this operation is one of the founders of a Hong Kong-based cryptocurrency exchange CEO Global (ceobi). Crypto Exchange Founder Taken Into Custody by Chinese Police Amid Nationwide Crackdown According to an announcement published by CEO Global, one of its founders had been taken under custody by China’s authorities in the midst of an ongoing investigation that involves alleged participation in a fraudulent bank account and SIM card scheme. The statement says:…

Ripple (XRP) Breakdown Looks Real, Why It Could Retest $0.45

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Ripple failed to clear the $0.6150 resistance and broke a major support at $0.5740 against the US Dollar, similar to bitcoin and ETH. XRP price is likely to continue lower towards $0.5100 or even $0.4500. Ripple started a major decline after it broke the key $0.5740 support zone against the US dollar. The price is now trading well below the $0.5740 zone and the 100 simple moving average (4-hours). There was a break below yesterday’s highlighted crucial contracting triangle with support at $0.5880 on the 4-hours chart of the XRP/USD…