Make Bitcoin Great Again: Trump vs Biden vs Crypto: The Bitcoin.com Weekly Update

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Watch the latest Bitcoin.com Weekly Update where we touch on what both U.S. Presidential candidates might mean for Bitcoin, John McAffee sitting in Spanish prison, a Bitcoin enthusiast elected to the U.S. Senate, and more. Timestamps: 00:33 John McAfee Pumps Crypto From Prison, Denies Tax Fraud and Murder Charges 01:20 America’s Second Stimulus Check: Americans Still Waiting For Relief Package 01:52 Bitcoin Hodler Cynthia Lummis Elected to U.S. Senate 03:03 US Feds Seize Over $1 Billion from Wallet Linked to Silk Road…

Bitcoin Trading Fees on PayPal, Robinhood, Cash App and Coinbase: What to Know

With bitcoin’s price hitting a new all-time high on Monday, retail investors will inevitably want to get in on the original crypto asset. That said, for first-time buyers and seasoned investors alike, it is important to be careful about any extraneous costs that might eat into gains. That goes double for the major fintech apps that are likely already on your phone. Here’s how fees stack up on some of the most retail-friendly platforms for buying bitcoin. PayPal The largest app on this list, PayPal (PYPL) is one of the…

Tyler Winklevoss tells CNBC that ‘Cash is trash’

Not one to mince words, Tyler Winklevoss reportedly told the business network CNBC that “Cash is trash.” In his view, it’s only a matter of time before investors dump the dollar and other fiat currencies for BTC: “At some point, it is hard to look at those data points and say that Bitcoin isn’t an incredible store of value.” His twin brother Cameron Winklevoss also said that Bitcoin (BTC) “just needs to be better than gold” to see its value rise to remarkable levels. The twins, who run the United States-based…

DeFi Project Basis Cash Brings Its Defunct Stablecoin Back into Market

The DeFi project will link the Basis coin to two other crypto assets: Basis Shares and Basis Bonds. These assets shall control the price of BAC at $1 based on the supply and demand. Decentralized finance (DeFi) project Basis Cash has relaunched its earlier defunct stablecoin Basis back in the market. Stablecoin Basis, previously called Basecoin, had secured $133 million in funding just before the crackdown by the US SEC but had to return everything after the regulatory action. On Monday, November 30, the DeFi project has opened up its…

Ripple to Cash Out 33% of Its Stake from Payments Giant MoneyGram

It comes only a year after Ripple announced its partnership with MoneyGram getting a 17% stake in the company’s outstanding shares. Over the last year, Ripple has reportedly paid around $52 million to MoneyGram. In one of the major developments, San Francisco-based blockchain startup Ripple shall be cashing out 33% of its stake in remittance giant MoneyGram International Inc (NASDAQ: MGI). This comes only a year after Ripple invested a sizeable amount last year in 2019. On Friday, November 27, the filing from the US Securities and Exchange Commission (SEC)…

A Step-by-Step Guide to Splitting ABC Fork Tokens from Bitcoin Cash

On November 15, the Bitcoin Cash blockchain underwent a scheduled upgrade but also the chain saw a consensus split, and the network bisected into two. After the split, numerous users have been looking for methods in order to split their coins in order to store them separately or sell the unwanted tokens on an exchange. The following is a step-by-step guide on how to split forked tokens by leveraging a few different tools. Splitting Coins from the Bitcoin Cash Network Fork Using Electron Cash Version 4.2.0 In mid-November, just like…

SQ Stock Rises 5%, Square to Acquire Credit Karma Tax for $50M Cash

On the 25th of November, Square’s Cash App announced a “definitive agreement” to buy Credit Karma’s tax unit for $50 million cash. The stock of American payments company Square Inc (NYSE: SQ) jumped nearly 5% in reaction to the news that the company would be acquiring the tax unit of Credit Karma. In the last five days, Square stock has climbed about 14.76%. Although the deal is yet to be closed, the companies hope to complete the transaction before the end of 2020. Until then, the two companies will continue to operate…

Galaxy Digital Bitcoin Funds Raise $59M as Institutional Cash Flows In

Galaxy Digital’s bitcoin funds raised $58.7 million in their first year as predominately high-dollar buyers staked their claim to the surging cryptocurrency. The institutional fund in particular appears to capture high-rollers’ spiking interest in bitcoin. With a minimum investment of $250,000, the $55 million fund attracted 33 investors for an average allocation of $1.6 million. That’s a little less than half of what Galaxy Bitcoin Fund LP managed to raise overall. There, 56 investors pitched in at least $25,000 each for the full $3.6 million raise. Funds have long appealed…

HOW TO GET RICH WITH BITCOIN AND CRYPTO! 6 Legit Strategies Explained…

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This is not one of those typical “HOW TO GET RICHT WITH BITCOIN AND CRYPTO” videos where someone is just trying to sell you his brandnew token. In this episode I’m sharing my 3.5 years of experience with you and I’m showing you 6 legit strategies how to improve your game in the Bitcoin & Crypto space. Good luck out there! 00:00 Intro 00:33 Buy and HODL Bitcoin 02:11 Buy and HODL Altcoins 03:23 Altcoin Flipping 04:52 Leverage Trading 06:35 ICO, IEO,…

A Bitcoin Shortage? PayPal and Cash App Buying More Than Supply

When demand from these two sources alone exceeds the entire supply of newly minted bitcoins, expect serious supply pressure to follow. Our main discussion: a narrative shift, growing attention and a bitcoin shortage. What happens when demand exceeds supply and supply is being gobbled up aggressively by new market actors? That’s the question posed by Pantera’s recent investor letter and today’s Breakdown episode.  Original