institutions

Max Keiser: Selling Bitcoin Now for ‘Fiat Debt-Coupons’ Is a Crime

Source Node: https://cointelegraph.com/news/max-keiser-selling-bitcoin-now-for-fiat-debt-coupons-is-a-crime
Time Stamp: April 7, 2020 6:48 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Bitcoin (BTC) will be the only exit from the “global reset” of finance which will allow central banks to even destroy the banking system itself.That was just one conclusion from Simon Dixon, CEO of cryptocurrency funding platform BnkToTheFuture, in the latest episode of financial news program the Keiser Report on April 7. Dixon: “World’s largest regulated Ponzi scheme” is dyingDiscussing the global coronavirus epidemic and its impact on global finance, Dixon warned that the health aspect of the crisis was by no means its worst.“I don’t want to be dramatic, but

Bitfinex Launches Staking in Response to Customer Demand

Source Node: https://cointelegraph.com/news/bitfinex-launches-staking-in-response-to-customer-demand
Time Stamp: April 7, 2020 4:50 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Major cryptocurrency exchange Bitfinex has become the latest exchange to offer staking services to customers.Announced April 3, Bitfinex will offer staking rewards up to 10% per annum on crypto assets underpinned by a Proof-of-Stake algorithm."We're committed to engaging our existing users and the wider community with new products and innovations," said Bitfinex’s CTO, Paolo Ardoino. "The Bitfinex Staking Rewards Program provides our users with another avenue to increase their holdings on our platform."Bitfinex introduces staking in response to customer demandArdoino states that Bitfinex’s clients asked for staking to be introduced,

Photographer’s Payment Debacle Brings Bitcoin’s Anti-Censorship Into Focus

Source Node: https://insidebitcoins.com/news/photographers-payment-debacle-brings-bitcoins-anti-censorship-into-focus/256711
Time Stamp: April 6, 2020 5:08 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Censorship has always been one of the biggest problems, and circumventing; it has been one of Bitcoin’s most significant alluring properties. The latest in such occurrences is that of Ben Taylor, a photographer who was recently banned for life from Western Union as a result of his activities in Africa.“No Explanations. Just Leave” In a recent YouTube video, the photographer, better known as Pleasant Green, explained that he established a photography business in Africa as a means of doing some charity work. The business is based in Liberia, and he’s been wiring money

Notable Dark Web Marketplace Bans All COVID-19 Vaccine Sale 

Source Node: https://insidebitcoins.com/news/notable-dark-web-marketplace-bans-all-covid-19-vaccine-sale/256697
Time Stamp: April 6, 2020 3:36 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

In a rare move that has perhaps never been seen before, a marketplace on the dark web has banned the sale of a self-proclaimed vaccine for the coronavirus pandemic. According to a tweet from noted tech author Eileen Ormsby, Monopoly Market, a popular platform on the dark web, has banned the sale of purported vaccines for the coronavirus for Bitcoin.Darknet market Monopoly has taken a more responsible approach to touting #COVID19 "cures" on their #darkweb site pic.twitter.com/uWFLx75deQ— Eileen Ormsby (@EileenOrmsby) April 1, 2020Honor Among Criminals As the tweet showed, the market’s administrator pointed

PlanB: Bitcoin Needs Only $200M Monthly to Stay Above $7k Level After Halving

Source Node: https://coinfomania.com/bitcoin-needs-only-200m-monthly-to-stay-above-7k/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-needs-only-200m-monthly-to-stay-above-7k
Time Stamp: April 6, 2020 9:43 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

100trillionusd, the anonymous creator of the Bitcoin stock-to-flow model has provided new evidence to support the popular opinion that the price of Bitcoin will surge in the months after its historic third halving that is now less than three weeks away. The latest research puts into perspective the amount of cash inflow that Bitcoin has needed to stay above the $7000 level since October 2017, the reward paid out to miners for verifying a block of transactions, and the total number of transactions added to the Bitcoin blockchain monthly. To

Both Crypto Derivatives and Spot Markets Post Record Volume in March

Source Node: https://cointelegraph.com/news/both-crypto-derivatives-and-spot-markets-post-record-volume-in-march
Time Stamp: April 5, 2020 3:06 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

CryptoCompare has published its monthly report analyzing the trade activity on crypto exchanges.The record-breaking crash of March 12 and 13 drove new all-time volume highs in both the spot and derivatives markets.March 13 sets record for daily spot tradesThe report states that March 13 produced the single greatest volume in the history of crypto assets — with all exchanges and markets producing $75.9 billion in trade activity over 24 hours.$54.3 billion of 71.5% of trades came from ‘Lower Tier’ exchanges, while ‘Top Tier’ exchanges generated $21.6 billion in volume.Despite Binance

Top 5 Cryptos Not Named Bitcoin This Week (Mar 29): XMR, BNB, HT, CRO, BSV

Source Node: https://cointelegraph.com/news/top-5-cryptos-other-than-bitcoin-this-week-mar-29-xmr-bnb-ht-cro-bsv
Time Stamp: April 5, 2020 12:24 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Consumer attitudes are changing towards banknotes and credit cards as reports suggest that the deadly coronavirus can spread by their use. The Bank of International Settlements (BIS) has, therefore, urged the central banks to consider developing central bank digital currencies (CBDCs). BIS believes that under the current circumstance, CBDCs will quickly gain prominence. However, it has warned that this move could have a “severe impact on unbanked and older consumers.”  Chamath Palihapitiya, the billionaire CEO of venture capital firm Social Capital, believes that the setting is right for Bitcoin (BTC) to