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Crypto Market Forecast: Week of June 27th 2022
A curated weekly summary of forward-focused crypto news that matters. This week, derivatives dilute the value of Bitcoin, FTX extends a credit line to BlockFi, and Federal Reserve Chairman Powell says crypto needs a "better regulatory framework." дальше »
2022-6-27 23:30 | |
Cryptocurrencies Won’t Save Russia From Dodging Sanctions, Moody’s Says
It has been argued that Russia may avoid Western sanctions for invading Ukraine by using cryptocurrencies. However, is it viable? The small scale of the cryptocurrency market restricts Russia’s capacity to use cryptocurrencies to bypass international sanctions, according to credit rating agency Moody’s. дальше »
2022-5-9 17:02 | |
El Salvador’s Bitcoin Use Adds To Its Risk Portfolio, Says Top Credit Rating Firm
El Salvador’s bitcoin adoption could make it difficult for the country to access international loans. Its actions could hurt its chances of obtaining international loans. The country’s policy has been aggressive and attracted a lot of detractors. дальше »
2022-1-16 17:07 | |
Bitcoin usage has ‘immediate implications’ for El Salvador’s credit rating, TradFi says
Standard & Poor (S&P) warned that El Salvador’s adoption of Bitcoin as legal tender might negatively affect its credit rating. The post Bitcoin usage has ‘immediate implications’ for El Salvador’s credit rating, TradFi says appeared first on CryptoSlate. дальше »
2021-9-20 23:00 | |
Bitcoin Effect: El Salvador’s Bond Drop as IMF Deal Seems Out of Reach, BTC Purchase Under Investigation
S&P Global says this adoption has immediate negative implications on its credit rating while protesters in the central American country vandalize an ATM and carried signs reading “we were defrauded by Bitcoin. дальше »
2021-9-18 17:07 | |
Bitcoin adoption could dampen El Salvador’s credit rating, Fitch says
Fitch Ratings has warned that El Salvador’s move to regulate Bitcoin (BTC) as legal tender could negatively affect credit ratings of the country’s insurance sector. The global credit scoring agency has joined the pack of El Salvador’s Bitcoin adoption critics, stating concerns about the country’s poor articulation of the crypto’s implementation in mainstream markets. дальше »
2021-8-18 07:00 | |
Banks, Including Barclays, Are Banning Transfers to Crypto Exchange Binance Using Debit and Credit Cards
All of this has been done in the name of keeping the customers’ money safe while Binance says, “If our partners have any concerns, we would welcome a dialogue to discuss,” adding UK regulator FCA’s notice to BLM, isn’t about Binance. дальше »
2021-7-6 17:31 | |
Visa Looking to Enable the Purchase of Bitcoin on its Credentials, Says CEO Al Kelly
Visa CEO, Al Kelly revealed the company’s plans to enable the buying of bitcoin using its credit cards during his recent podcast with Fortune’s ‘Leadership Next’. Kelly explained that the company plans to do two things. дальше »
2021-3-18 23:30 | |
Visa Announces Plan to Help Banks Roll Out Bitcoin and Trading Services
Visa says that First Boulevard will become its first partner to launch a new crypto application program interface (API) pilot program later this year. As reported by the credit card giant, this cooperation will empower Visa clients to access and integrate crypto features into its products. дальше »
2021-2-4 22:57 | |
American Express’ Venture Arm Invests in a Cryptocurrency Trading Platform
American Express says its venture arm, Amex Ventures has invested in Falconx the cryptocurrency trading platform that focuses on serving institutional trading clients. Amex’s investment, which was announced during a record-breaking week for bitcoin, underscores the credit card issuer’s desire to cash in on the growing institutional interest in cryptocurrencies. дальше »
2020-12-20 15:00 | |
CoinEx Exchange and Simplex Partner to Easily Buy Cryptocurrencies With Credit Cards
On March 31, crypto exchange CoinEx disclosed they will become partners with Simplex in order to aid crypto credit card purchases. As per the exchange’s press release says, CoinEx users are now able to buy 5 digital currencies such as Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) and Tether (USDT) with their credit […] дальше »
2020-4-1 22:37 | |
Dow Recovery Fades Because This Rally Has a Fake Fuming Bull
Does last week's rally have strength or is it just a dead cat bounce? Credit Suisse says investors have 'no faith' in the latest stock market bounce. The post Dow Recovery Fades Because This Rally Has a Fake Fuming Bull appeared first on CCN.com дальше »
2020-3-31 14:43 | |
NEXO Introduces 50% Interest Discount on Instant Crypto Credit Lines to Reduce Supply
NEXO will begin to execute a new improved policy of the 50% Interest Discount on its Instant Crypto Credit Lines, starting February 10th, announced the company on Wednesday. With the upgrade, the company says NEXO holders will see gains as “NEXO Token will experience a notable boost in its utility features.” To collect the whole 50% […] дальше »
2020-1-31 19:42 | |
US Treasury Department Pilots Blockchain-Based Federal Grants Tracking System
The US Treasury Department, which is in charge of government revenue, has been reported to experiment with blockchain tech in order to develop a system that tracks federal grants. The proof-of-concept (PoC) program that’s intended for a blockchain-based grant recipients’ letter of credit is about to be completed, says Craig Fischer, the manager of the […] дальше »
2020-1-14 20:46 | |
The Next Recession Won’t Be Triggered by a Housing Market Crash: Economist
The Fed's recession risk model has downgraded, but this economist says record consumer credit and household debt will crash the economy soon. The post The Next Recession Won’t Be Triggered by a Housing Market Crash: Economist appeared first on CCN.com дальше »
2020-1-13 16:00 | |
Apple: Don’t keep your precious Apple Card near denim or leather
The Apple Card is such a delicate piece of technological wonder it apparently needs its own cleaning instructions. Just kidding: it’s a fucking titanium credit card with fancy coating, which also happens to require a laborious cleaning process. дальше »
2019-8-22 11:35 | |
Everything you ever wanted to know about the Apple Card
Apple is rolling out its much sought-after credit card to select users today. The company said the card, issued in partnership with Goldman Sachs, will be made available to all iPhone users in the US later this month. дальше »
2019-8-6 16:52 | |
Moonday Mornings: Apple says no to cryptocurrency, Mastercard says yes to blockchain
Good morning! It’s the first day of a new week so you know what that means. It’s time for Hard Fork’s wrap-up of the weekend’s top cryptocurrency and blockchain headlines. Take a look. 1. Owners of Apple’s hotly anticipated credit card will not be able to buy cryptocurrency with it, Reuters reports. дальше »
2019-8-5 11:46 | |
New York Judge Says Purchasing Crypto with A Bank Card Isn’t A Cash Advance
Chase Bank has been charging customers a cash advance fee for the purchase of cryptocurrency with their bank and credit cards. The judge has denied the motion to dismiss. The Chase company has been exploring a venture into the cryptocurrency industry, but recent actions have been upsetting the customers that they already serve. According to […] дальше »
2019-8-3 18:59 | |
Spanish police arrest Bitcoin launderers in international credit card fraud case
Spanish police have arrested 35 people allegedly involved in an international counterfeit bank card ring which laundered its profits using Bitcoin. Criminals made more than $675,855 (€600,000) and laundered more than $891,250 (€1,000,000), according to local media reports. дальше »
2019-6-14 12:51 | |
AP Company, Constructing Blockchain based Decentralized Mileage Unifying & Sharing Platform
Everyday consumers save various mileage points in market activities such as airline mileage, credit card points etc. Every platform says the user can use the saved points like cash, but it doesn’t make sense. дальше »
2019-5-2 14:33 | |
Bitcoin At $6,000: Key Level to Watch, Analyst Says
A Houston-based economic analyst outlined that it’s very important to watch how Bitcoin behaves at the major resistance level at $6,000. Meanwhile, Fundstrat’s Thomas Lee has said that the cryptocurrency is “likely” to reach new all-time highs “around” 2020. дальше »
2019-4-30 14:00 | |
Craig Wright Says His 2008 Credit Card Payment Proves He Co-Owned Bitcoin.org aka Satoshi Nakamoto?
nChain’s Craig Wright claims that he is Satoshi Nakamoto, the creator of the most popular digital asset Bitcoin (BTC). Nonetheless, he has never decided to prove he is the real creator of Bitcoin. Many in the crypto industry do not believe that he is the real Satoshi Nakamoto, and because of this, he is suing […] дальше »
2019-4-20 23:45 | |
Bitcoin Transaction Costs are ‘So Much Cheaper’ than Credit Cards, Says Canadian Mayor
A Canadian town mayor says using bitcoin to pay for property taxes has made transaction costs much cheaper. “The advantage of doing it as opposed to a credit card is the transaction costs are so much cheaper,” Mayor Lynn Dollin of Innisfil, Ontario told Day 6. дальше »
2019-4-15 17:30 | |
Billionaire Tim Draper Slams ‘Paranoid’ Jamie Dimon, Doubles Down $250,000 Bitcoin Price
Cryptocurrency bull Tim Draper has fired a shot at the chairman and CEO of JPMorgan Chase, Jamie Dimon, nearly two months after the big four U. S. bank announced the creation of a digital currency known as JPM Coin. дальше »
2019-4-8 17:45 | |
Cryptocurrency-Backed Loans Remain Popular Among Investors Despite Risks
A new loan market has emerged in which borrowers collect cash loans while staking their cryptocurrency as collateral, says an April 2, 2019 report from Bloomberg. Blockchain Borrowing Blockchain has many uses when it comes to the loaning of money. дальше »
2019-4-3 05:00 | |
Sats Back: How the Ebates of Bitcoin Plans to Convert Holders to Spenders
“The biggest problem I could think of was distribution. How do you share and educate both consumers and merchants on the power of bitcoin? I learned how much consumers loved earning and why merchants make decisions to adopt new technology. дальше »
2019-3-19 23:06 | |
Coinbase Purchased Neutrino for $13.5 M, Acquisition Contract Shows
Cryptocurrency exchange Coinbase purchased controversial Italian software services provider Neutrino for $13. 5 million (€12 million), a copy of a legal document dated February 15, 2019, and shared with Bitcoin Magazine reveals. дальше »
2019-3-7 20:29 | |
The Fourth Largest Private Employer in the US Says No to Visa, May Accept Bitcoin
It is official, Kroger, the $22. 35B, the US largest supermarket chain by revenue complete with 3,028 locations effectively becoming the fourth largest private employer is officially tired of Visa credit cards. дальше »
2019-3-5 23:53 | |
Sick of It! Kroger Bans Visa Credit Cards For Payments at Regional Supermarket Chain
Kroger is fed up with Visa’s outrageous fees. Instead of forking over the money to the credit card network, it will stop allowing its Smith’s Food & Drug Stores to accept Visa credit card payments. дальше »
2019-3-2 23:07 | |
Bitcoin is ‘Potentially Disruptive’ to PayPal & Visa: Analyst
Bitcoin or another cryptocurrency won’t supplant PayPal and credit cards as payment options yet, but they could in due time. That’s the assessment of Lisa Ellis, an equity analyst with sell-side research firm MoffettNathanson. дальше »
2019-2-28 01:45 | |
Kraft Heinz Weighs Radical Sale of 127-Year Old Coffee Brand after $16 Billion Stock Wipeout
Kraft Heinz reportedly no longer believes its iconic coffee brand Maxwell House is ‘Good to the last drop’ (as the brand’s slogan says). According to CNBC, the food giant could sell Maxwell House among other assets. дальше »
2019-2-25 15:10 | |
CoinShares CEO Says Bitcoin is Penetrating the Trillion Dollar Consumer Credit Lending Business
Meltem Demirors, a mathematical graduate from the prestigious Rice University and chief strategist at Coinshare believes that the trillion dollar consumer credit businesses are branching out towards the crypto space. дальше »
2019-2-22 18:54 | |
A Central Bank Digital Currency May Lead to All Kinds of Monetary Chaos, says Korea’s Central Bank
A Central Bank Digital Currency (CBDC) is not good for a country’s financial stability, said the Bank of Korea in its latest report. Dubbed as ‘Central Bank Digital Currency and Financial Stability,’ the study found that the introduction of CBDC deposits would radically decrease the supply of private credit by commercial banks. дальше »
2019-2-8 14:20 | |
McAdam Financial Advisor Calculates Bitcoin Benefits, Says Short Rent-Seeking Middlemen Bankers
Ever since the origination of Bitcoin, there have been many critics in the traditional financial system who went after it as an alternative. They quickly attacked, saying that cryptocurrency is slow, expensive, and even supportive of anarchism. дальше »
2019-1-31 18:15 | |
Bitcoin Could Overtake Visa And Mastercard’s Market Cap In The Near Future Says Major VC Investor
Anthony Pompliano, the founder of Morgan Creek DigitalAssets, believes that Bitcoin is going to surpass Visa’s and MasterCard’s market capitalization in the next months. A few days ago, the European Commission sanctioned MasterCard with a $648 million fine claiming that the company raised credit and debit card fees in the different countries of the European […] дальше »
2019-1-24 14:02 | |