Bitcoin Breaks Out With More Stimulus Expected from the Federal Reserve

Bitcoin Breaks Out With More Stimulus Expected from the Federal Reserve

Bitcoin rose above $20,000 for the first time as institutional adoption widens and investors prepare for the Federal Reserve to keep interest rates low. Home Administration Crypto Gaming In New Zealand Is Starting To Explode And Here Is… Appeared less than 2 years ago, it has captured your hearts by making you vibrate with the news. It conquered France, establishing itself as THE most viewed crypto medium. Such a secret should be shared and known to all. English, Spanish, Russian, so many hearts still to be taken … Ladies and gentlemen, to thank … /PRNewswire/ — The World Economic Forum and its first cryptocurrency focused global council (“the Council”) today announced the release of its inaugural… How To Earn Free Bitcoin | Earn Free Bitcoin | Bitcoin
✅ Accredited Crypto Education: https://learningcrypto.co.uk
✅ Best Trading Indicator: https://thehitm

Bitcoin Breaks Out With More Stimulus Expected from the Federal Reserve

Bitcoin broke above $20,000 today for the first time ever, hours before the Federal Reserve readies another dose of monetary stimulus for a struggling economy.

TradeStation data shows prices crossing that key line at 8:43 a.m. ET today. It was just one day less than the three-year mark from the previous peak of $19,666 on December 17, 2017.

Cryptocurrencies have gained significant acceptance in that time period. Here’s a quick list:

  • 10/8: Square (SQ) buys $50 million of Bitcoin told hold as an asset, just as a firm carries cash or bonds on their balance sheet.
  • 10/21: PayPal (PYPL) lets users buy and sell cryptocurrencies directly.
  • 11/13: SkyBridge Capital looks to invest in companies involved in cryptocurrencies.
  • 11/15: Citi predicts Bitcoin may reach $318,000 by December 2021.
  • 11/19: US Securities and Exchange Commission Chair Jay Clayton recognizes Bitcoin as a “store of value.”
  • 11/20: Rick Rieder, Chief Investment Officer at asset manager Blackrock (BLK), says Bitcoin could replace gold. Why? because it’s easier to deal with than a physical metal.
  • 11/24: Pantera Capital reports that SQ and PYPL clients are buying most of the new supply of Bitcoin.
  • 11/30: BTIG sees Bitcoin at $50,000 by the end of 2021, citing “accelerated adoption.”
  • 12/9: JPMorgan says institutional investors are shifting from gold to Bitcoin as a store of value.

Another major story is the Federal Reserve, which is meeting today. For years, investors have bought assets like gold and silver when the central bank lowers interest rates. The reason is that lower rates tends to weaken the dollar and increase demand for hard assets. The Fed can create more dollars, but not more physical metal — or so the argument goes.

However, the supply of precious metals can still increase. Miners can extract more from the earth, and countries can sell reserves.

Bitcoin, on the other hand, is a truly finite asset because no more than 21 million coins can ever exist. The blockchain also features “halving” events to reduce new supply as time passes. That makes it the opposite of fiat currencies, which often see inflation as politicians increase spending and central banks print money.

This could focus attention on Bitcoin today with the Fed issuing a policy statement at 2 p.m. ET and Chairman Jerome Powell holding a press conference 30 minutes later. Most economists expect the central bank to pump more money into the economy via bond purchases. Powell could also reiterate his long-term plan to let inflation heat up before cutting rates. Both of those stances would likely please Bitcoin enthusiasts

In conclusion, it’s a historic day as Bitcoin breaks $20,000. Several other positives have also lined up in recent months. Today’s Fed meeting could show whether cryptocurrencies are ready to go to the next level.

Advertisement

#1 Trading Platform Technology - 8  years running!

Source: www.tradestation.com

Author: David Russell


Crypto Gaming In New Zealand Is Starting To Explode And Here Is Why

Crypto Gaming In New Zealand Is Starting To Explode And Here Is Why

2020 is a year that proves that a lot of youngsters have a liking for online gaming thanks to the widespread use of mobile devices. The gaming sector has taken the front seat when it comes to crypto gaming and cryptocurrency trading. 

Such activities have seen the exponential growth of mobile gaming, where the world witnesses the likes of blockchain-based online poker games. Besides, online casinos now accept cryptocurrency payments. They have become vastly popular all over the world so you can find for example an online casino nz that is powered by the blockchain to enjoy the advantage.

TDB Recommends NewzEngine.com

Punters get to play and earn rewards; they also take part in the trade of digital assets. Cryptocurrency volatility has made it possible to trade these coins across international borders. 

Their anonymity means that there is little government intervention, and traders can make trades regardless of their location in the world. Blockchain-based gambling combined with cryptocurrency use is now trailed at the over 4 billion smartphones floating on the globe.

An emerging trend in the gambling sector is the increased token use in cryptocurrency gambling. The virtual gaming currencies have been tokenized and are used through a blockchain network; they are also assigned a value. 

Gamers can make in-game asset purchases and get to trade the digital assets outside the game. Punters get to utilize virtual currencies while playing their favorite games. They have the liberty to assume the role of a virtual trader. 

The rise of online crypto gambling has picked up steam. Online casino poker games today that grant gamers the chance to use cryptocurrencies as virtual assets can be traded between peers. 

The poker platforms utilize blockchain technologies and promote cryptocurrencies such as Bitcoin, Litecoin, and Ethereum ad payment gateways for both deposits and withdrawals. 

Blockchain-powered cryptocurrency online poker websites have become an instant sensation. The blockchain platforms are running these sites effortlessly allowing punters to have smooth gaming experience. 

Hence, the system incentivizes and encourages users to play more and welcome their friends to join in the fun! 

MintiDice is a crypto gambling platform that is being fronted as a trust and investment opportunity for punters. 

The platform accords players risk-free investment opportunities to gamers, giving them a chance to invest cheaply in shared master node pools. In return, they are awarded a percentage of the profit realized by the casino. 

A Texas-based gaming startup is doing all it can to unleash into the world a card game based on cryptocurrency. In retrospect, the card game is a platform to encourage online poker lovers to switch to being active cryptocurrency users. 

A rising crypto-based poker games trend is witnessing a lot of new cryptocurrencies users that are warming up to their use. 

Blockchain technology has revolutionized gambling, and now gamers have a reason to try out their luck once more. Punters can now make a profit from the investments they make on various gambling platforms. 

Such measures have ensured that the popularity in cryptocurrency gaming never wanes. The introduction of newer and juicier games where players use cryptocurrencies and can make wagers from any part of the world is a plus! 

Source: thedailyblog.co.nz

Author: The Daily Blog


Cryptocurrencies, chronicle of future global success - Cryptocurrencies

Cryptocurrencies, chronicle of future global success – Cryptocurrencies

Appeared less than 2 years ago, it has captured your hearts by making you vibrate with the news. It conquered France, establishing itself as THE most viewed crypto medium. Such a secret should be shared and known to all. English, Spanish, Russian, so many hearts still to be taken … Ladies and gentlemen, to thank you for your loyalty, we have the honor and the privilege of inviting you to an exclusive event. Put on your best costume, help yourself to a drink (in moderation, please!) And make yourself comfortable. With us today, a distinguished guest, I named Jérémy Bendayan, the founder of the medium that you all appreciate. After a brief history of TCT you will have the privilege of attending a preview of Cryptocurrencies V2. Good tasting to you :

Before tackling TCT itself, it is, in my opinion, always interesting to know a little more about the career of its founder.

Jeremy Bendayan is a contractor turned towards the Digital Marketing. In 2013, he co-founded Adsvisers, a company specializing in online advertising. The company is growing and supports nearly 350 European clients in their digital transformation.

Alas, you see dear readers, Jeremy has what some consider a vice: he loves to bet. This is how in 2015, he hears for the first time about blockchain and cryptocurrencies. Interested in the potential gains, he decides to invest in them. Let’s be honest, a lot of us came back this way and like us, Jeremy then became interested in the technology behind it and saw its potential. The years go by and early 2019 the question will come that will change everything for him. “How can a technology with so much possibility be so underrepresented in the French media?“

The main advantage when you work in digital communication is that you know by heart how the SEO. SEO, that little magic acronym that means you have mastered the language of the God of Google. To thank you for having suitably praised him, as the chosen one you will be placed at the top of searches.

Jeremy confident in the potential of blockchain, challenges himself with Didier Uzan, his uncle developer by profession: “With my SEO experience and your technical skills, could we create a blockchain media only optimized for SEO?“. And yes, when others focused on looks or articles, Jeremy preferred SEO.

Cryptocurrencies is born in April 2019 and only 3 months later its launch, the figure of 400,000 visitors per month is reached. The challenge is over, but it would be a shame to stop there.

Jeremy then begins to surround himself with recruits such as Hellmouth Banner (which we do not present to the elders), who will later become the editor-in-chief of TCT, before leaving us shortly. Zoe de La Roche and its news sections. Maxence Roux and Thierry wariro, head of social networks at TCT and Gaétan Lajeune, your servant in charge of interviews, who is currently writing his lines.

Number of temporary writers and articles later, In February 2020, TCT became the largest French blockchain media with nearly 1 million visitors per month.

“Said Jeremy, what do you want to do? – The same as every night Didier, trying to conquer the world ”

It seems that it is on these words which I hope, you have the original reference, that TCT launches a greater ambition. However, to achieve such an objective, it will be necessary to go through a professionalization and a complete overhaul of the media.

It is in these circumstances thatin February 2020, Frédéric Bonelli becomes the majority shareholder and the new CEO of Cryptocurrencies. With its experience of traditional media such as Forbes and his background as an editor and business executive, he’s completely restructuring this one.

To the elders already mentioned, are added Nicolas Teterel, Sylvain Saurel, Thomas Andrieu, Florian Victor, Jordan talet, Glory W., Guillaume Moret-Bailly, Karen Jouve, Velleyen Sawmy and many others.

We will not forget to quote Laura.P, this shadow woman who contributes to many negotiations and upcoming projects such as our YouTube channel, as well asAlexander, responsible for capsule format which you will discover soon.

Because yes, Cryptocurrencies has already started to make its own Soft fork simply titled “TCT V2” with the deployment of video interviews. This is only the beginning, so expect a launch in English, Spanish, Russian, as well as the organization of contests and multiple video formats very soon. The world is within our reach!

I would be a terrible host if I spoil the surprise for you, so I’ll let Jeremy show you all of this for himself:

Engineering student in IOT, Translator, Community and Bounty Manager, I have been sailing the turbulent oceans of Blockchain since 2017.
Aware that the Blockchain will change our future, I too am participating in the revolution. Find me on Bitcointalk, LinkedIn and Twitter to discuss or suggest articles.

Source: personal-financial.com


World Economic Forum Global Council on Cryptocurrencies Publishes Inaugural Review

World Economic Forum Global Council on Cryptocurrencies Publishes Inaugural Review

GUERNSEY, Jersey, Dec. 17, 2020 /PRNewswire/ — The World Economic Forum and its first cryptocurrency focused global council (“the Council”) today announced the release of its inaugural report, “Crypto, What Is It Good For? An Overview of Cryptocurrency Use Cases”. The report highlights use cases of digital assets that go beyond cryptocurrency and explore its impact on individuals, institutions, and society as a whole. The report includes insights from bank executives, NGO leadership, tech entrepreneurs, and investors.  

Co-chairs of the recently appointed council, Meltem Demirors, Chief Strategy Officer of CoinShares, and Cuy Sheffield, Head of Crypto at Visa, have been working to establish the Council’s priorities and deliverables of the Council following its official start in October of this year. This invitation-only council is designed to build a community of 30 experts to share their resources and insights with the WEF’s larger network to advance the global understanding of cryptocurrencies.

The members of the Council include chief executives, risk and strategy officers from leading cryptocurrency companies, executives at financial institutions, leading technical, legal, and civil society experts, and academics who are focused on evaluating key challenges and opportunities within this space – and what it will take to achieve the key aims of cryptocurrencies. The Council will work on technical knowledge products for regulators and policy-makers enabling them to make informed decisions around governance of the asset class, capacity-building initiatives, and other projects of the council’s selection and design.

Sheila Warren, who heads the WEF’s efforts on blockchain and digital assets, commented “The WEF’s network of Global Future Councils helps us stretch our imaginations and harness innovation to shape a more inclusive future. This Council will move us toward greater awareness and understanding of the benefits, and risks, of cryptocurrencies, while helping to ensure that the benefits are ultimately made accessible to the entire global economy.”

Demirors commented “Many of the conversations you’ll hear about cryptocurrencies, and much of what we aim to do in this council, is actually not about technology. Rather, meaningful analysis of bitcoin and other cryptocurrencies is about imagining what could be possible in the future with this new technology, which creates a new set of social, political, and economic tools. Our Council draws from a diverse group of individuals and aims to bring together these disciplines and perspectives to explain cryptocurrencies in a new way.”

“Cryptocurrencies have the potential to create new markets and forms of value exchange that can fuel growth in the global economy. This council is focused on finding ways to make cryptocurrencies comprehensible, accessible, and inclusive so that more people can benefit from the new innovations that emerge through them,” added Sheffield.

About the World Economic Forum

The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation.

About CoinShares

CoinShares is Europe’s largest digital asset investment firm, managing over $1 billion assets on behalf of a global client base. Our mission is to expand access to the digital asset ecosystem by pioneering new financial products and services that provide investors with trust and transparency when accessing this new asset class. 

For more information on CoinShares, visit: https://coinshares.com/

Media Contact
Jay Morakis
+1 646 859 5951
[email protected]

SOURCE CoinShares Group

https://coinshares.com

Source: www.prnewswire.com

Author: CoinShares Group


How To Get Free Bitcoin By Investing This Way With Cryptocurrencies

How To Get Free Bitcoin By Investing This Way With Cryptocurrencies

CRYPTO MOBSTER SOCIAL MEDIA ✅

DISCLAIMER!: I am not a financial advisor and do your own research before investing!

#crypto #bitcoin #cryptocurrency

₿ LEARNING CRYPTOCURRENCY ₿

For any business enquires please do email me on ash.davidson@cryptomob.uk

Thank you for watching …

How To Get Free Bitcoin By Investing This Way With Cryptocurrencies

Music provided by http://spoti.fi/NCS

Source: bitcoinslate.com

Author: admin


Bitcoin Breaks Out With More Stimulus Expected from the Federal Reserve

Leave a Comment