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Archiv für März 2020

When Fed is Out of its Mind, Bitcoin is the Answer

It took the sudden emergence of a pandemic to demonstrate how pathetic the global financial system really is. The US Federal Reserve (Fed) is now doing a live demo on how to print money out of thin air and buy government and corporate securities with it. It seems that Plan B’s model will work indeed.…

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Ripple Launches X-Border App With Thai Commercial Bank

In a country with more mobile phone subscriptions than people, mobile banking has taken off in Thailand in a big way. After partnering with a fintech remittance company recently, Ripple is now sewing up the Thai market by joining forces with its largest commercial bank, SCB. Ripple to Boost Thai Remittances Further Hot off the…

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3 Ways Bitcoin Will Emerge Stronger After the Economic Crisis

The world is now facing its worst financial crisis in decades, with fears growing that a years-long recession may have begun. However, this economic turmoil will also play a key role in pushing Bitcoin and blockchain technology into the mainstream. Three key elements will play a role. BITCOIN ADOPTION WILL CONTINUE TO SKYROCKET Critics have…

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Huobi Launches Bitcoin Perpetual Swaps with 125x Leverage

Singapore-based Huobi is the latest crypto exchange to launch perpetual swaps. The new product is live on Huobi DM, the company’s derivative trading platform. New Product Allows Traders to Benefit from Market Volatility BitMex-like future contracts with no expiry times, commonly referred to as perpetual swaps, are becoming increasingly popular among crypto exchange firms. Last…

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Bitcoin Whale Sends 5,500 BTC to Binance Worth $33.8M

Twitter bot Whale Alert reported that 5,500 Bitcoin was moved from an unknown wallet to Binance, prompting fears that the transaction might lead to a significant drop. $33.8M Worth of BTC Moved from Unknown Wallet to Binance On March 29, about $33.8 million worth of Bitcoin left an unknown wallet to reach Binance. The crypto…

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OKCoin Prepares to Launch New Crypto Exchange in Japan

These are challenging times for many businesses, yet the OK Group is undeterred. OKCoin completed its registration to launch a cryptocurrency exchange in Japan today – the first global exchange to earn a license in the country. OKCoin to Launch New Exchange in Japan According to an official release, OKCoin Japan Co. Ltd. headquartered in…

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Bitcoin Association President Served Subpoena Over Twitter

The quest for the Bitcoin Association President continues as the law firm representing David Kleiman estate reaches out to Jimmy Nguyen on Twitter. NGUYEN KEEPS BUSY, YET CANNOT BE FOUND On Sunday, attorney Vel Freedman replied to one of Nguyen’s tweets, noting that his firm had repeatedly been unable to serve him with a subpoena…

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