BIG BACKERS ARE BEHIND FACEBOOK’S CRYPTOCURRENCY, LIBRA
We are all aware of the hype around the upcoming launch next year, 2020, of Facebook’s new cryptocurrency, Libra, but what does it actually mean for the cryptocurrency arena, and will it be successful? In the latest news from over the weekend, it has been confirmed that Visa, MasterCard, PayPal and Uber are among only some of the major firms that will invest in the cryptocurrency. It has been announced that the financial, e-commerce, venture capitalists and telecommunications firms will invest around $10 million each. The money invested by the companies will be used to fund the creation of the …
AUSTRALIAN PROPERTY MARKET IN “DEEP TROUBLE” BUT THERE IS A BETTER INVESTMENT FOR YOU
The Australian property market is in dire straits, with the Barefoot Investor, Scott Pape, warning all Australians that the housing market is in “deep trouble” and on the brink of collapse, and we are living through “monetary madness.” Currently the Australian economy is in a strikingly similar situation as what the Irish economy was in before it inevitably crashed. Due to the central banks cutting rates to an all time low of 1.25 percent, and the new Prime Minister, Scott Morrison’s new policy plan to further help people buy their first home, this will only allow more people the ability …
SPEND YOUR CRYPTO WITH YOUR COINBASE VISA CARD
Coinbase, one of the largest US-based cryptocurrency exchange platforms has launched its Visa debit card into six new European countries. As of June 11th 2019, Coinbase Visa Debit Card holders in Spain, Germany, France, Italy, Ireland and the Netherlands will be able to use their Visa cards, which syncs directly to their Coinbase accounts. The Coinbase visa card will allow its users to spend their cryptocurrencies at any merchant that accepts Visa cards. Giving the user the option to use any cryptocurrency of their choice. UK Coinbase CEO, Zeeshan Feroz has commented on the service explaining, “You can buy groceries …
BUY A PROPERTY IN MELBOURNE WITH CRYPTO
A new site in Melbourne’s East Ringwood area has been secured to build six new townhouses, which will be sold using cryptocurrency. Melbourne-based real estate trading platform Tycoon Global is driving the new project, has settled the purchase of the site for $6.5 million, which is near the Eastland Shopping Centre. Each unit built will have four bedrooms, two garages and will be between 180 to 250 square meters. They will be sold for the asking price of $750,000 – $1 million USD, and can be purchased using the Tycoon’s own cryptocurrency, Tycoon Coin Token (TCT). The new project will …
BITCOIN (BTC) ADDED TO MICROSOFT EXCEL AS A CURRENCY OPTION
The world is catching up to speed with the notion that Bitcoin is now a part of our everyday lives and is now acknowledged as mainstream. Microsoft has recently added Bitcoin (BTC) as a currency option to the Microsoft Office Excel program’s list of currencies. Martin Butler, Account Executive of Globals at Microsoft wrote, “Excel will be able to recognize, format, calculate, and analyse numbers expressed in Bitcoin currency. The new feature will be available for Excel running under Windows 10, Android, Mac OS, and iOS, and will include Excel mobile versions as well.” Microsoft has been a long-time supporter …
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.” …
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 …
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 …
The Best Is Yet To Come
Do not fear, if you feel like you have missed the crypto boat and left your run too late, you haven’t. The Bitcoin revolution is only just starting to take off and with the next bull run expected to hit in 2020, Changpeng Zhao, Bitcoin billionaire and CEO of crypto currency exchange Binance states, “It’s at the beginning of the beginning, the best is yet to come”. Zhao is not alone in his assured attitude when it comes to the future of crypto and what it will be capable of in the future. Tech billionaire Tim Draper also agrees that …
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