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 …
6 PREDICTIONS ABOUT FACEBOOK’S NEW CRYPTOCURRENCY
In the latest cryptocurrency news issued by Forbes, Facebook is soon to launch their newest cryptocurrency named Libra, which will be available to all users of their platforms, including Messenger and WhatsApp. Facebook has announced that on June18th 2019, they will reveal plans to announce the finer details of the Stablecoin. Here are six predictions made by Forbes in relation to the cryptocurrency, which is tied to an array of fiat currencies. A Powerful Force For Good, Especially In Developing Countries. Due to developing countries lack of discipline with their central banks and maintaining the value of their fiat currency, …
AUSTRALIAN BANKS EXPOSED UNDER ROYAL COMMISSION – YOUR SUPER IS AT RISK
The Royal Commission at the beginning of 2019 released their report into the misconduct in the Australian Banking and Super Annuation sectors and their findings are nothing short of an absolute disgrace to the financial treatment of Australians. Commissioner, Kenneth Hayne, delivered his findings to the public after an extensive investigation, which was originally opposed and put off by the Australian Government for the last 16 months. What Was Exposed? Evidence of 100s of millions of dollars being taken from Australians through the charging of fees but offering no service, misleading customers and charging dead people, just as a few …
BITCOIN AND GOLD – “TO COMPARE THEM IS MADNESS
Bitcoin and Gold have been debated on for some time now that their characteristics are alike, “To compare them is madness.” John McAfee, founder and CEO of McAfee has stated in his latest tweet, “The difference between Gold and Bitcoin? Gold is a commodity, occupying space, with mass, temperature, shape. Bitcoin is an idea, made manifest through a series of numbers, with no true location or substance – a clever concept with infinite fluidity. To compare them is madness.” McAfee is not alone in his thoughts that Gold and Bitcoin should under no circumstance be compared with each other. Recently …
MARK YUSKO REVEALS BTC “SHOULD BE IN EVERY INVESTORS PORTFOLIO”
Mark Yusko, CEO of Morgan Creek Capital, gave some great digital currency investment advice in a recent interview with CNBC on May 22nd. Yusko strongly advised that Bitcoin (BTC) should be in every investor’s portfolio. Yusko went on to say that he believes BTC investments would far outperform the S&P 500 investment fund over the next 10 years. When asked about investing in cryptocurrency, specifically putting money into BTC, Yusko stated, “Bitcoin is a great diversifying asset. It has very low correlation. It should be in everybody’s portfolio.” This is not the first time Yusko has been very bullish on …
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 …
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 …
TOM LEE: BTC To Hit Historic Highs By 2020
Founder of Fundstrat Global Advisors Tom Lee has predicted in an interview with CNBC on April 28 that cryptocurrency prices will hit new historic highs by 2020. During the interview, Lee anticipated that Bitcoin (BTC) is yet to complete its upward movement and will reach an all time high based on “11 signs that historically only take place in a bull market”. Lee further explained that three out of the 11 signs are already having a positive impact on BTC, indicating that the crypto winter has seen its end. These signs include Blockchain, technical indicators and trading volumes. In January …
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