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Category: cryptocurrency strategy

Only an Idiot Would Use Facebook’s Shady Cryptocurrency

In its neverending conquest to take over the world, Facebook is building a network of online merchants and financial institutions to support its secretive new cryptocurrency. The Wall Street Journal reports that Mark Zuckerberg’s war machine is looking for $1 billion to fund the secretive stablecoin…

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Bank of England: Cryptoassets Still ‘Too Volatile,’ Not a Good Store of Value By Omar Faridi

David Ramsden, the Deputy Governor of Markets and Banking at the Bank of England (BoE), has argued that cryptocurrencies are “too volatile” to be considered a reliable store-of-value (SoV). In a brief interview with CNBC on April 30th, 2019, Ramsden said that BoE’s officials…

Crypto Markets See Green, US Stock Futures Solid Ahead of Goldman, Citi Earnings

Monday, April 15 — after yesterday’s mixed movements, all of the top twenty cryptocurrencies are seeing solid green on the day to press time, seeing growth of between one and 10%, as Coin350 data shows. Market visualization courtesy of Coin360 Bitcoin (BTC) is up…

Pay with Crypto, Payment Card to Be Launched by Banking Platform

A banking startup is about to launch a debit card which crypto enthusiasts will be able to use to pay for goods with crypto. the banking startup 2gether promises that its new prepaid Visa card will allow the firm’s customers to use either fiat…

Is There Any Cure for IOTA’s Price Losses? (IOTA Price Analysis For March 18, 2019)

On March 16, 2019, the price of IOTA (IOTA) reached a high of nearly $0.32. It has been on a gradual downtrend since. Here is the price outlook for the period of Mar 16 through Mar 18: Our analysis of IOTA on Mar 13…

VOLENTIX SUPPORTER FOR CRYPTOCURRENCY ADOPTION

In the past few years, we are facing a new phenomenon that brings significant changes to the financial transaction system. If at first we make money transfers through bank services, we can now do it personally through our own hands. The world is now…

Cryptocurrencies in the Spring: good times, bad times

In the world of cryptocurrencies, the Spring of 2019 is starting to resemble the best of times and the worst of times. Should holders of cyber-money such as Bitcoin or Ethereum be cheered by the modest price rally that came in with the New…

JPMorgan Chase Launches Its Own Cryptocurrency: ‘JPM Coin’

JPMorgan Chase, the largest U.S. bank (and the world’s sixth largest), has created its own cryptocurrency, a stablecoin called “JPM Coin.” According to CNBC, J.P. Morgan “moves more than $6 trillion around the world every day for corporations in its massive wholesale payments business,”…

Over 90% of dApps ‘Did Not Record Transactions’, dAppRadar Data Shows | CryptoGlobe

This, according to data from DAppRadar – which was pointed out by Twitter user Kevin Rooke on February 9th, 2019. As Rooks explains in his tweet, 86% of ETH-based dApps had zero users last Saturday, while 93% did not record any transactions. Although there…

Argentina and Paraguay Settle Export Deal in Bitcoin in Landmark Event

Paraguay has reportedly recently paid for an Argentinian shipment worth little over $7,000 in bitcoin, the flagship cryptocurrency, in an apparent first for both countries. The deal was made as part of new program incentivizing small shipments. According to Cointelegraph en Español, Argentina sold…

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