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Showing posts from September, 2020

UK’s Workplace Share Schemes Are Hurting Employees

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Section 179 in 2020… Reap The Tax Benefits For Your Business

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Paris Sain — Germain and Blockchain

Paris Sain — Germain and Blockchain Check out our new platform: https://thecapital.io/ Members of Paris Saint-Germain (PSG) — Neymar and Kylan Mbappé, as well as veterans like David Beckham, will have their own collectible digital player cards. Everything will be based on the Sorare blockchain platform. The French football club Paris Saint-Germain will now be issuing collector’s items for fans. They will be token-based. All this will be achieved thanks to the collaboration with Socios.com. The club has therefore become the hundredth football club to join the blockchain-based Sorare platform. The result is that PSG players like Neymar, Kylian Mbappé, and David Beckham will be somewhat ‘tokenized’ — the platform will issue their digital player cards and in limited quantity. The value of the cards will depend on the actual performance of the players in the league tables, and the “rarity” of the collector cards is guaranteed by blockchain technology. In a conversation with Cointeleg

You Need To Know Youtube Bans Another Popular Cryptocurrency Channel

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Bitcoin In Danger of Q4 Pullback

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What are crypto market cycles?

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Cryptocurrency Trading: History | Evolution | Future Prospects

Check out our new platform: https://thecapital.io/ Cryptocurrency Trading: History | Evolution | Future Prospects Cryptocurrency Trading 2020 — History, Evolution, Future Prospects : Everyone in your peer group is talking about Bitcoin and altcoins, but you don’t know anything about it. Some say their future is bright, while some criticize their volatile nature. But, you, on the other hand, just do not know anything. How this Bitcoin came, and what is blockchain? How did it start? Should you invest in it or not? Nothing! But, don’t worry! Here in this article, we would be resolving all your doubts and queries. We would first start with the foundation, i.e. how this all crypto trading started. Then, we would briefly describe the current market scenario of cryptocurrencies and Bitcoin, the largest crypto. After that, there would be some cool predictions about this emerging market, followed by a conclusion post. Birth of Cryptocurrency Trading 1980 The idea of digital money fir

Bitcoin “Hodlers” Control 63% of the Total BTC Supply, New Data Shows

Bitcoin’s price action has done little to reassure investors of its near-term outlook, as the cryptocurrency has largely been caught within the throes of an intense bout of sideways trading over the past couple of weeks. This has led to the formation of a trading range between $10,200 and $11,200, with buyers and sellers largely reaching an impasse as it trades between these two range boundaries. The cryptocurrency’s trading volume has been diving lower throughout the course of this consolidation phase, which indicates that traders are moving to the sidelines and awaiting directional clarity before diving into positions. One bullish fundamental trend that bodes incredibly well for BTC’s macro outlook is the massive percentage of the crypto’s total supply that is controlled by long-term investors. This trend indicates that a small group of active investors and traders are driving the recent volatility, while the cryptocurrency’s base supply remains dormant. Bitcoin’s Price Stagnat

Crypto prediction markets turn against Trump after first debate

Emerging Ethereum-powered predictions platform Polymarket produced six-figure volume amid the first presidential debates. The first debate of the 2020 U.S. presidential election had no clear winner, but crypto-powered prediction platforms are having a field day.  Election futures on crypto derivatives exchange FTX boomed, with the platform’s CEO reporting more than $4 million in open interest trying to pick the winner between Democrat Joe Biden, and Republican Donald Trump. On FTX, Trump’s brash debate performance got a big thumbs down and drove a 10% crash in the price of futures contracts backing his re-election. Price of TRUMP futures on FTX: FTX Volumes on FTX are amplified by leverage. On predictive platforms that do not offer leverage, more modest six-figure volumes were recorded. Polymarket saw more than $100,000 in volume flow into its ‘Will Trump win the 2020 U.S. presidential election?’ market on September 30, with sentiment similarly shifting against the incumbent p

This Is How You Can Learn To Make Money Watching A Fishbowl

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Pandemic and bill problems

Check out our new platform: https://thecapital.io/ The deterioration of the financial conditions has significantly affected the delays in paying phone and internet bills — which are higher during the pandemic. The lockdown caused by the Covid-19 pandemic, and by extension, the requirement to work remotely forced everyone to communicate over the phone and in virtual meetings. After the Corona-crisis, more than half of Poles (56.5 percent) admitted that they use their phone much more frequently and spend more time on the network (54.3 percent). As was foreseeable, the utility bills have increased, and as the studies show, they have never been a priority in the order in which the various types of charges are to be paid. The Coronavirus has only made this issue worse. As the data presented in the Intrum report shows, 62 percent of Polish consumers believe that their financial well-being has deteriorated as a result of the pandemic, which in practice means that some people have to decid

Once COVID-19 Ends, Bitcoin Will Need to do More Than “Go Up”

What bitcoin does now will mean everything for its success in the world that comes after COVID-19. Continue reading on The Capital » from The Capital - Medium https://ift.tt/33jW7hs

Over-The-Counter Trading: The Decision-Maker of Digital Currencies

Check out our new platform: https://thecapital.io/ Ever since its first implementations, global stock markets have provided the mainstream media with stereotypes of a fast-paced environment, where money comes and goes at a staggering pace as investors squeeze in their orders amongst hundreds of available options. Until fairly recently, the common image of a stock exchange was wall street brokers running around the halls, screaming orders from the top of their lungs, as the boards changed values at an inhuman rate. That certainly was the norm for a long time, before online trading took over. But stock markets, much like most businesses, have an open and close schedule which would limit the time available to trade. It was under that premise that OTC first came to fruition. Over-the-counter (OTC) trading offers options outside of centralised exchanges and traditional trading hours. They do not have physical locations and are conducted by voice or electronically between two parties, off

Ethereum 2.0: Two million test ethers staked

Ethereum is being completely renovated. In addition to Medalla, the Testnet Optimistic Ethereum is also live, which turns the blockchain… Continue reading on The Capital » from The Capital - Medium https://ift.tt/33i4aeD

Advantages of Cryptocurrency

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ACDX Receives Investment From Alpha Sigma Capital Fund

Alpha Sigma Capital, a self-described “pioneering digital asset fund investing in emerging cryptocurrencies and blockchain companies,” has partnered with ACDX, a new “cryptocurrency derivatives exchange company founded and lead by former OKEx COO, Andy Cheung,” according to a press release . ACDX also completed a “private sale and launched a convertible note sale that is accessible on Uniswap. Following the private sale, ACDX saw increasing demand from its community regarding its governance token ACXT, which prompted the convertible note sale on Uniswap.” This new exchange will plan to give off “innovative crypto derivatives and structured products,” some of which are completely unique to the current cryptocurrency market. Andy Cheung, the Founder and Executive Chairman of ACDX, comments some thoughts on the matter: “ACDX plays the role of a catalyst to foster the cryptocurrency industry development. On the cutting edge of financial technology, we innovate new products and create

Alpha Sigma Capital Acquires AirWire Token Platform

Alpha Sigma Capital, a self-described “pioneering digital asset fund investing in emerging cryptocurrencies and blockchain companies” has completely acquired AirWire. We don’t know how much it was for, but the acquisition includes “AirWire’s intellectual property, source code, user base, and WIRE tokens” as well. AirWire will now conduct a buy-back program of the WIRE tokens already listed right now on Sistemkoin. “All former users and account holders will be able to access their accounts and wallets on the platform. In the first half of 2021, AirWire will conduct a swap for the classic WIRE tokens in order to facilitate a migration to its new blockchain protocol, currently under redevelopment, migrating from the original PIVX blockchain that WIRE currently uses,” the release continues. AirWire will be launching a beta this October, which will include the following features: Technology that allows Clients Transmission of tokens on a targeted basis.   AirWire’s platform allows an

Why Post Debate Stock Market Performance Could Be Bad For Bitcoin

Last night, current United States President Donald J. Trump faced off against former Vice President and challenger Joe Biden in the first of three debates. Data shows, that following each debate, things have turned bad for the stock market, which could, in turn, mean even worse for Bitcoin . Here’s why the stock market tumbling due to debates demoralizing investors could also spell bad news for the leading cryptocurrency by market cap. Why The Debate Could Have a Bearish Impact On Bitcoin Last night, the two top Presidential candidates went head-to-head as the world looked on. The two didn’t do anything to ease the minds of citizens, nor investors. A “rocky” road to the election is expected to impact Bitcoin and prevent a new all-time high just yet , and last night was a preview as to why. Neither candidate expects a peaceful transition of power, and already there are questions over the validity of the vote-counting process due to mail-in ballots causing all kinds of issues and tu

Maker (MKR) Surges 7% as Stability Fees Introduced, DeFi Regains Footing

While decentralized finance (DeFi) has seen a strong surge in 2020, Maker (MKR), a token strongly tied to DeFi, has underperformed. The cryptocurrency, relative to its competitors, is underperforming; where Aave’s LEND and Synthetix’s Synthetix Network Token surged hundreds of percent in this year alone, MKR only saw a 20-30% move higher. The market may be changing its mind on MKR, though. The coin is up 7% in the past 24 hours and seems poised to see further growth as the fundamentals of the underlying MakerDAO protocol align in favor of growth. Related Reading:  MicroStrategy’s Stock Continues to Soar After Bitcoin Purchase Maker Surges 7% Higher Despite Stagnation in Bitcoin & Ethereum Prices Santiment, a blockchain analytics firm, reports that the cryptocurrency has “the largest bullish divergence between daily active addresses and current price (based on historical means) of any top 100 #blockchain we track.” This suggests that MKR’s increasing user count is not being ref

Twitter’s Jack Dorsey takes aim at Coinbase's apolitical stance

Twitter CEO Jack Dorsey has called out Coinbase for seeking to suppress political activism and suggesting employees who think differently should leave. Twitter CEO Jack Dorsey has taken major U.S. crypto exchange Coinbase to task over its open letter to employees published on Sep 28.  The letter, written by Coinbase CEO Brian Armstrong, explained why the firm intends to avoid political and social distractions, and instead focus on its core mission of building an open financial system for the world. The new direction has met with strong support in some quarters and pushback from others. In a Twitter post to his 4.7 million followers, Dorsey argues that “Bitcoin (aka crypto) is direct activism against an unverifiable and exclusionary financial system.” He goes on to add that the exchange cannot simply ignore social issues as this will leave its customers behind: #Bitcoin (aka “crypto”) is direct activism against an unverifiable and exclusionary financial system which negatively

Bitcoin.com Exchange To List Aspire Technology Assets

Bitcoin.com, a cryptocurrency exchange, is “thrilled to announce” it will be listing the Aspire and Aspire Gas cryptocurrency assets as of September 30, according to a press release from the group . Both tokens were built by the Aspire Technology platform, a self-described “leading developer of digital asset creation technologies.” The release describes these two assets as: “Aspire (ASP) improves on speed, cost, and security for creating both fungible and non-fungible (NFT) tokens. It allows professional developers and hobbyists alike to create extensive digital assets involving up to 92 billion tokens per asset, as well as unlimited sub-assets, with no programming experience required, for about a dollar per asset. Aspire Gas (GASP) powers Aspire transactions for thousandths of a penny per transaction.” Sharing some thoughts on the matter is Danish Chaudhry, the head of the Bitcoin.com Exchange, who said: “I’ve followed the team behind Aspire, and the platform upon launch for q

Nodle Cash Blockchain Network Hires Stefan Rust for Community Growth

Nodle, a self-described “IoT connectivity and security startup,” has revealed the former CEO of Bitcoin.com, Stefan Rust, has joined the platform’s Board of Directors, according to a press release . Rust is a leading proponent for the Bitcoin Cash blockchain network. Nodle has its own cryptocurrency as well, called Nodle Cash, that “smartphone users earn by connecting to nearby sensors and Bluetooth-enabled IoT devices,” the release notes. Stefan will try and grow the Nodle Cash ecosystem and the “decentralization of the Nodle Network, as well as grow the developer community and secure adoption with strategic partners,” it also states. Speaking on the matter is Rust himself, who said: “Nodle Cash is a manifestation of my background in blockchain and wireless — combined with the business model of tomorrow — where the user gets paid. We started off with big telcos charging us a lot of money to communicate over the network. Along came IP, and all we did was pay for connection. With

Bitcoin Price Prediction: BTC/USD Creeps Towards $10,600 Following Rejection at $10,847

Bitcoin (BTC) Price Prediction – September 30 The Bitcoin price is trading above $10,700 against USD and the coin is likely to climb steadily with a few downward moves. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $11,600, $11,800, $12,000 Support Levels: $10,000, $9,800, $9,600 BTCUSD – Daily Chart It is safe to say that Bitcoin has been turbulent in recent days, after tight trading for a few weeks with relatively low volatility. A few days ago (September 24), the Bitcoin price rose sharply by moving above the resistance levels of $10,500 and $10,700 against the US dollar. At the moment, the price is declining and is moving close to the 9-day and 21-day moving averages at $10,755. What is the Next Direction for Bitcoin? A crucial uptrend could probably form if the coin remains above the moving averages, with support close to $10,500 on the daily chart. However, if the decline occurs below the moving averages, the price could extend its downw

Bithumb Global: Earn More While You Learn with BG Learning

Since its launch in May 2019, Bithumb Global (BG) has developed into a globally prominent crypto exchange. The exchange established a competitive platform offering cryptocurrency trading and services. It now provides better trading and investment experiences for over 900,000 users from 151 countries and regions globally. Earning Through Learning with Bithumb Global Bithumb Global places a particular emphasis on educating new investors with its revolutionary BG Learning platform that launched in August 2020. The learning platform exposes users to important fundamentals of carefully chosen crypto and blockchain projects. The perks of BG learning are a reward system that incentivizes users with project tokens for their participation. Even if a user chooses not to invest in a particular project after learning what it’s about, they still share the reward allocation with BG Learning. This learning platform aims to introduce BG users to hidden gems in the blockchain space while prov

Devere Group CEO Predicts Bitcoin Can Replace Gold as Top Safe-Haven Within a Generation

via Bitcoin News https://ift.tt/3n3mxvx A few weeks ago, Devere Group CEO and founder Nigel Green said that he believed the U.S. election would bolster the price of bitcoin. Speaking with the financial broadcast MoneyFM on Monday, Green said he also believes that bitcoin will replace gold as the ultimate financial safe haven within the timespan of a generation. Devere Group CEO Nigel Green is a big believer in crypto assets like bitcoin (BTC) and he’s been more vocal about his forecasts in recent days. Last August, news.Bitcoin.com reported on Green explaining why he thinks the U.S. presidential election would have devastating effects on the U.S. dollar but also bolster bitcoin at the same time. Green’s firm Devere Group is one of the world’s largest independent financial advisory organizations in the fintech world and the firm’s assets under management (AUM) exceed $10 billion. On Monday, Green once again spoke about the crypto asset again during an interview with the broadc

FinCEN director warns banks about cryptocurrency risk exposure

FinCEN has warned U.S. banks that it is closely watching how they respond to crypto risk exposure with their AML programs. The U.S. Financial Crimes Enforcement Network ( FinCEN ) director Kenneth Blanco has warned banks to think seriously about their cryptocurrency risk exposure. During the virtual 2020 ACAMS anti-money laundering Conference in Las Vegas this week, Blanco discussed the obligations of banks in implementing effective anti-money laundering ( AML ) policies. Current FinCEN regulations (FIN-2019-A003) state that it is the responsibility of all financial institutions to identify and report suspicious activity concerning how criminals and other bad actors exploit card verification checks for money laundering, sanctions evasion, and other illicit financing purposes. For many banks, it is still unclear how virtual currencies affect their institutions. The director emphasized the need for banks to have another look at their AML policies and procedures, especially in relat

Bitcoin price in flux: Bulls target $11.5K, bears desire drop to $9.8K

As Bitcoin price consolidates, bulls target $11.5K and bears expect a drop below $9.8K. Bitcoin (BTC) price appears to be gearing up for another shot at the $11K mark but traders shouldn’t get overly excited as resistance in the $11,000-$11,200 zone and at $11,389 have kept the price from moving higher for the last few weeks.  Crypto Fear & Greed Index. Source: Alternative.me Currently the Crypto Fear & Greed Index registers 49 which shows crypto investors feel neutral about the current state of the market. While it’s difficult to gauge the accuracy of the indicator, Bitcoin price and volume have been relatively flat as the price is basically pinned between $9,900-$11,200.  BTC/USDT daily chart. Source: TradingView As the daily chart shows, since Sept. 18 Bitcoin price has bounced between the trendlines of the symmetrical triangle and if the compression continues investors will start to look for a decisive move to occur in the coming week.   In the event that the price

StrongBlock launches DeFi protocol but token prices slump 70%

A new DeFi protocol has been launched rewarding node operators to improve public blockchain performance, but token prices have tanked Just-launched DeFi protocol StrongBlock has announced the integration of Chainlink oracles — however its native token’s price tumbled 70% today.  The platform, founded by former members of the original EOS core team, was launched on Sept. 29. StrongBlock says that low quality and insecure blockchain nodes can be unreliable and provide erratic market data, especially if they get out of synch. The protocol’s core concept is to shift the emphasis away from rewarding validators, to rewarding node security, as a way to improve public blockchain performance. Bitcoin Cash evangelist, Roger Ver, gave the project a shout out: Nodes are the voluntary backbone of decentralized blockchains. $STRONG by @Strongblock_io is the first to pay them for the work they already do. Go to https://t.co/xxozJI6ur6 to stake your #Ethereum — Roger Ver (@rogerkver) Septemb

Court tosses out short-sellers’ lawsuit targeting Overstock’s 'digital dividend'

The lawsuit, accusing Overstock of market manipulation through its security token airdrop, has been turfed by a federal judge. A Utah federal judge has tossed out a lawsuit that accused Overstock ($OSTK) of market manipulation by distributing a ‘digital dividend’ of security tokens to shareholders and repeatedly revising retail earnings guidance upward to punish short-sellers. U.S. district judge Dale Kimball granted two motions to dismiss the suit on September 28, finding that the digital dividend did not manipulate the market, and that the revised earnings statements were protected by the Private Securities Litigation Reform Act. In his judgement Kimball said: “On the day that Overstock announced the dividend, market observers recognized and publicized that the digital dividend would place short sellers in a pickle by forcing them to cover their short positions to avoid breaching pre-existing contractual obligations.” The lawsuit was filed by Mangrove Partners Master Fund in S

Bitcoin’s Network Health Plunges as New Investors Stop Buying BTC

Bitcoin’s price has been facing some turbulence throughout the past couple of days and weeks, with buyers and sellers being unable to catalyze any clear momentum in either direction. Earlier this week, bulls roared when they sent the crypto rallying up towards $10,800, but the resistance just above this price level slowed its ascent, stopping BTC from testing $11,000. Following a short bout of consolidation, the cryptocurrency eventually began drifting sideways, before facing selling pressure yesterday that sent its price plunging down to lows of $10,500. Although it subsequently rebounded from these lows and has been trading sideways ever since, it is important to note that the cryptocurrency’s network health has been declining over the past week. This has come about due to the lack of new entrants to the Bitcoin network, with its turbulent price action likely hampering its adoption amongst new users and investors. Until there’s more clarity when it comes to the cryptocurrency’s