business

Don’t Waste a Good Crisis: Opportunity During Coronavirus

Source Node: https://www.bitcoinmarketjournal.com/opportunity-during-coronavirus/
Time Stamp: April 3, 2020 2:18 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

“Don’t waste a good crisis.” It’s a helpful mantra for tough times. There will be much difficulty and suffering in the days ahead, yes, but also a magnificent opportunity to reinvent, rebrand, and rebuild. You may know of Geoffrey Moore, the author of the classic business book Crossing the Chasm. Here’s what he recently tweeted: From now until June, you have an opportunity to do something you wouldn’t normally do. It’s like a portal has opened up. This portal goes to another dimension, an alternate reality where you are somehow

As Malta Delays Regulatory Clarity, Fewer Firms Remain on ‘Blockchain Island’

Source Node: https://cointelegraph.com/news/as-malta-delays-regulatory-clarity-fewer-firms-remain-on-blockchain-island
Time Stamp: April 3, 2020 11:31 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

It seems that Malta is becoming both less popular among and less populated with crypto firms. The European Union country attracted dozens of industry players in 2018 on the back of the “blockchain island” agenda championed by the local government, but the relevant framework has not yet proven to be effective. Meanwhile, the official rhetoric apparently started to shift away from the blockchain sector, as the government now aims to consolidate it with “other niche sectors.”Meanwhile, the Malta Financial Services Authority, continues to pluck out non-registered crypto agents — be

$50K Set To Be Distributed In Indonesia by Huobi Charity

Source Node: https://insidebitcoins.com/news/50k-set-to-be-distributed-in-indonesia-by-huobi-charity/256370
Time Stamp: April 3, 2020 8:34 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The charity arm of the Huobi exchange has made an announcement today. This announcement is in regards to the initiative it launched in order to distribute aid in Indonesia as it fights the COVID-19 pandemic.Working Alongside ICAESCCThe Huobi Charity will work in partnership with the Indonesia-China Association of Economic, Social and Cultural Cooperation, or ICAESCC. This partnership will distribute aid to the country through the medical supply donation, monetary contributions, as well as the use of blockchain technology to help healthcare organizations.As an immediate measure, Huobi Charity will donate an

Bithumb Global Launches Margin Trading for Bitcoin and Ether Pairs with Tether

Source Node: https://cointelegraph.com/news/bithumb-global-launches-margin-trading-for-bitcoin-and-ether-pairs-with-tether
Time Stamp: April 3, 2020 8:20 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Bithumb Global, the international platform of South Korea’s top crypto exchange, has rolled out margin trading with 5x leverage for Bitcoin (BTC) and Ether (ETH) trading pairs with Tether (USDT).In an announcement published on April 2, the exchange revealed the service would be available on its website and app. It will, however, be restricted for traders living in jurisdictions where margin trading is prohibited or capped — as, for example, with Japan.  Leveraged trading gains traction in the industryMargin trading enables traders to use borrowed funds in order to increase their

Google Chrome Leads the Pack, but Privacy-Oriented Browsers Gain Traction

Source Node: https://cointelegraph.com/news/google-chrome-leads-the-pack-but-privacy-oriented-browsers-gain-traction
Time Stamp: April 3, 2020 8:12 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

In recent months, big-name players like Google and Apple have been going the extra mile to showcase their privacy features to the world. However, as most people are now aware, these multinational companies have business models that are centered around collecting and aggregating the data of their customers. In this regard, growing interest in privacy-first browsers like Brave clearly suggests a collective increase in internet users’ concern over how their personal information is being accumulated, stored and utilized on a day-to-day basis.Individuals all over the globe have become so accustomed to

Top Crypto Exchange Binance Hints at Launching Bitcoin Options Trading

Source Node: https://cointelegraph.com/news/top-crypto-exchange-binance-hints-at-launching-bitcoin-options-trading
Time Stamp: April 3, 2020 6:37 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Top crypto exchange Binance has hinted that it plans to launch Bitcoin (BTC) options trading. Two tweets — via the exchange’s official handle and CEO Changpeng Zhao (“CZ”) — posted on April 3 revealed “testflight leaks” and a screenshot of an apparent prototype for trading BTC/Tether (USDT) options contracts:Source: @cz_binance official Twitter handle, April 3“Notice anything new”?Binance’s performative social media “leak” revealed options trading support as one of the items on a “what to test” list, which included other products that have previously been officially announced, such as the Binance Card

Is Blockchain Necessary? An Unbiased Perspective

Source Node: https://cointelegraph.com/news/is-blockchain-necessary-an-unbiased-perspective
Time Stamp: April 3, 2020 3:42 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Yes, that’s the question we are asking today. Is blockchain technology necessary? The answer is tricky. To arrive at the conclusion takes an unbiased perspective. Bankers and people in the stock market will tell you that it’s the epitome of evil. Blockchain engineers and enthusiasts will tell you it’s the future of the world. The government, as usual, will be indecisive.Both are overly eager in their opinions, and both are unfortunately wrong. Blockchain is wonderful and revolutionary, no doubt there. But it has some very serious cons that are underplayed

Huge Rise in Chinese ‘Blockchain’ Companies — But Are They Real?

Source Node: https://cointelegraph.com/news/huge-rise-in-chinese-blockchain-companies-but-are-they-real
Time Stamp: April 2, 2020 11:56 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

More than 35,000 blockchain companies are operating in mainland China —  but it’s believed that many of them do not even use blockchain technology.In the first quarter of 2020, as COVID-19 shut down factories, offices and cities across the  world, 2,383 brand-new “blockchain” companies sprung up in China.This brings the total to 35,010 companies as of April 1 — over 20,000 in Guangdong province alone — according to Tianyancha, a business data company.But in mid-February data firm LongHash estimated that approximately 70% of the total number of blockchain firms registered

Binance Research Finds Bitcoin Correlated to Stocks — But Not For Long

Source Node: https://cointelegraph.com/news/binance-research-finds-bitcoin-correlated-to-stocks-but-not-for-long
Time Stamp: April 2, 2020 10:20 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

In a new report Binance Research found a ‘moderate’ positive correlation between Bitcoin and US equities during the first quarter of 2020 — but neither was correlated to gold.Bitcoin was down 10% over the quarter but still outperformed the S&P 500 which experienced a 19% drop. According to the report, the correlation was fairly high at 0.57, as shown through similar patterns in daily business day returns.Gold and long-term treasuries showed no relationship to other markets as they rose by 8% and 23% respectively.The good news for hodlers is that