Bitcoin trading has reached an all-time high in Venezuela. During the week of Jan. 11, crypto investors bought and sold 367 billion bolivars ($5.5 billion USD) of BTC on LocalBitcoins. This week’s volume is 1.4 times greater than that of the previous week, when investors traded 263…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 14,... The post Daily Market News: Visa picks up fintech Plaid for $5.3bn appeared first on LeapRate . Daily Market News: Visa picks up fintech Plaid for $5.3bn…
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With China’s central bank expected to be issuing its very own digital currency this year, other central banks are wondering whether or not…Continue reading on The Capital »
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TL;DR: Letters from Venezuela is an exclusive CoinSpice series, an inside look from a reporter on the ground, documenting the South American nation’s last stand among sanctions, political unrest, international condemnation and concern, economic collapse, and the specter of cryptocurrency possibly demonstrating its main use case. In this…
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The largest corporate debt issuance of all time happened this week, with $69 billion trading hands. The debt represents companies offering investors high-grade bonds with later maturities to increase liquidity — and might even help boost Bitcoin. The $69 billion figure falls just short of the record…
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Blockchain technology has come a long way. Starting from mere promises, it now powers a handful of significant projects. Thus, a number of public bodies, enterprises, and organizations around the world are adopting it at a steady pace. In India, the story is no different. In 2018,…
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Bitcoin price predictions are always points of contention. However, when a reputable financial research firm such as Fundstrat makes one, it is time to pay attention. Bitcoin prices have reclaimed the psychological $8,000 barrier again recently and continue to crank higher as weekend trading commences. Support held…
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With clearer regulations and a race between central banks to develop digital currencies, Asia is leading the way in the cryptocurrency industry. This trend is set to continue in 2020 as nations of the West get bogged down by their own bureaucracy. The cryptocurrency industry is barely…
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Deutsche Bank has released a report arguing that the next decade could usher in the end of fiat currencies. Could their analysts be right? And what part does cryptocurrency have to play in that? Did Fiat Money Create Inflation? Imagine 2030, a special edition of Konzept, released…
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Bitcoin’s intrinsic value (an estimate of the actual true value) is still below market price, according to JPMorgan. “The gap has not yet fully closed, suggesting some downside risk remains,” said JPMorgan strategists led by Nikolaos Panigirtzoglou (MD for Global Market Strategy) in a note published Friday,…
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