THE LATEST CRYPTO EXPANSIONS
Ripple and XRP Cross border payment solutions via XRP have been opened up and are now available in both Argentina and Brazil. The payment solution is dubbed xRipple, and was announced at a recent conference focusing on the international monetary system, held by Swiss National Bank. Brad Garlinghouse, CEO of Ripple, announced that, “People are getting liquidity that exists in the marketplace in local regions between XRP and the Philippine Peso, XRP and the Argentine Peso, XRP and the Brazilian Real. And it’s tapping into that liquidity that exists in the marketplace.” Ripple has recently skyrocketed xRapid adoption, with the …
INVESTMENT GURU FLIPS ON BITCOIN – “ALIVE AND WELL”
The future of Bitcoin has been brightly reignited. Mark Mobius, Investment Guru and co-founder of Mobius Capital Partners has taken a strong turn on his thoughts about Bitcoin (BTC). Previously, Mobius once branded Bitcoin a “real fraud”, but has now come out in a recent newswire podcast with Bloomberg, announcing that he strongly believes that Bitcoin will be “alive and well” in the future. “There is definitely a desire among people around the world to be able to transfer money easily and confidentially. I believe that Bitcoin and other cryptocurrencies of that type are going to be alive and well.” …
HOW TO MAKE MONEY WITH BITCOIN
Over the last two months the price of Bitcoin (BTC) has risen from $4,000 USD to be currently sitting at (at time of writing) $8,238.68 USD +2.40%. If you are new to the investment arena and only just starting your investment journey there is a much more profitable way you can be earning money, rather than just buying Bitcoin outright. How Does Bitcoin Investing Work? To make the most out of your investment in Bitcoin you need to be mining Bitcoin. Bitcoin Mining, opposed to buying Bitcoin outright, is the most profitable way you can earn money on your initial …
BITCOIN FUTURES TRADE A RECORD HIGH OF $1.3 BILLION
The world’s largest options and futures exchange, and one of the first two contributors of Bitcoin futures contracts, Chicago Mercantile Exchange and Chicago Board of Trade (CME Group) rallied to an all time high on May 13th 2019. According to CME’s records, the exchange recorded 33,700 future contracts on Monday, which represents a value of around 168,000 Bitcoin, or $1.35 billion. CME’s Group’s Bitcoin futures products skyrocketed due to a direct result of the crypto exchange spot markets rallying to record volumes. CME announced on May 13th, “CME Bitcoin futures reached an all-time record high of 33.7K contracts on May …
STOCKS DOWN YET BITCOIN SKYROCKETS AMIDST US-CHINA TRADE WAR
May has started off on an extraordinary run for Bitcoin (BTC); we have seen the price of the cryptocurrency skyrocket to above $8,100 USD. On Friday 10th May 2019, President Trump’s administration team raised tariffs on $200 billion worth of annual Chinese imports from 10 to 25 per cent. Trump has also announced that he is ready to impose 25 per cent on yet another $300 billion worth of Chinese goods. As a direct result of this, the Dow Jones Industrial Average (DJI) has dropped more than 590 points, with Apple down 5 per cent on the day of the …
BITCOIN SURGES TO HIT NEW HIGHS
The crypto market has made an impressive return over the last two days, adding $28 billion to its market, seeing the Bitcoin price surge above $8,100 USD to hit a new 2019 high. This marks the beginning of a new bull market. Alex Kruger, Global Markets Analyst suggests that the reason why Bitcoin is rising so rapidly was initiated without the involvement of the mainstream public. Kruger tweeted on May 12 2019, “This BTC rally is happening without the general public yet involved en masse. This is very bullish”. It is strongly suggested that the upward momentum of the crypto …
TOP PLUMBING COMPANY ON THE GOLD COAST NOW ACCEPTS CRYPTO
Tomkinson Plumbing and Gas, the leading company on the Gold Coast, Australia for all things plumbing is the latest industry frontrunner to announce that they now accept crypto as a cash alternative payment solution. You can now pay for your plumbing services with Bitcoin. Company owner and operator, Ben Tomkinson, has opened up the payment gateway to ensure that all customers have a stress free and secure payment option available to them 24/7. “Yes we accept Bitcoin, we are staying ahead of the game”. This is a progressive step forward for the Gold Coast based plumbing company, following in the …
U.S – MOVE YOUR MONEY FROM THE BANK INTO BITCOIN
Abra, a non-custodial Bitcoin-backed global investment app has just released their latest service, allowing its users to easily move money to and from their bank into crypto. The app, which is available to Americans only at this stage, supports thousands of U.S banks and credit unions, allowing users to move their money into crypto more easily. Bill Barhydt, CEO of Abra stated in a media release, “The addition of these new liquidity enhancements in or app gives users more ways to move between crypto and fiat. Were particularly excited about our partnership with Plaid, which brings thousands of additional financial …
WHAT THE WORLD THINKS ABOUT BITCOIN
Professor Milton Friedman, Nobel Prize winner in economics stated, “I think the Internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing but that will soon be developed is a reliable e-cash”. Nine years later we hailed the birth of Bitcoin. Since then Bitcoin has taken the world by storm, we hear it in the news, we see it all over social media, the governments are talking about it, and there are now Bitcoin and cryptocurrency experts alike. Yet, amongst all the hype, we are witnessing a new invention …
BITCOIN BULL RUN IS COMING, ITS TIME TO ACCUMULATE
The beginning of the month of May 2019 saw the price of Bitcoin (BTC) surge past the $6,000 USD barrier since November 2018. Currently at time of writing the price of BTC is sitting at $6,167.80 +2.30 per cent. The upward trend is continuing, with the bullish period beginning in April 2019, with BTC sustaining its price above the $5,000 USD mark since that time. This latest surge in BTC market price highlights current conditions as an example of an occurrence which has previously been seen before in BTC history. Suggestions from cryptocurrency analysts such as Plan B recommend that …
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