Rise of Libra and Digital Yuan Spur Action from Global Powers

Facebook’s Libra may have nudged central banks to open their eyes to the world of digital currencies, but China’s brisk progress on its digital yuan has compelled global powers to...The post Rise of Libra and Digital Yuan Spur Action from Global Powers appeared first on Cryptocurrency News.

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Tesla (TSLA) Stock May Reach $15,000 in 2024, Can Market Really Catch On to Tesla?

Coinspeaker Tesla (TSLA) Stock May Reach $15,000 in 2024, Can Market Really Catch On to Tesla?Global carmakers from VW to General Motors Co. are pouring billions into electric vehicles, trying to repeat Tesla’s success on the market.

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A Global Recession is Coming if China Fails to Kill Coronavirus Spread

The Wuhan coronavirus is accelerating its spread, and in combination with previous risk factors it may end up causing a global recession. The post A Global Recession is Coming if China Fails to Kill Coronavirus Spread appeared first on CCN.com

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CBDCs, stablecoins may see streamlined governance as WEF announces Global Consortium

The role of digital currencies has been at the center of a lot of discussion at the World Economic Forum (WEF) in Davos this year. As a measure to address the fragmented regulatory system that surrounThe post CBDCs, stablecoins may see streamlined governance as WEF announces Global Consortium appeared first on AMBCrypto.

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China Coronavirus Is Killing Global Stock Market and May Lead to Its Serious Correction

Coinspeaker China Coronavirus Is Killing Global Stock Market and May Lead to Its Serious CorrectionAccording to experts, the coronavirus, that has already killed a number of people in China, has created a new level of uncertainty for global markets.

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Facebook's Libra may have directed attention to digital currency's positives

Facebook's Libra, slated to be launched in 2020, is nowhere close to its release yet, with regulatory authorities around the world raising fresh questions about the stablecoin being a global currency.

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Peter Schiff’s Bitcoin Wallet Vanishing Act Is the Most Boomer Thing Ever

Peter Schiff claims that bitcoin has no value because of his crypto wallet failure. He may have predicted a global recession, but he's still a boomer. And it shows. The post Peter Schiff’s Bitcoin Wallet Vanishing Act Is the Most Boomer Thing Ever appeared first on CCN.com

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Chinese, European CBDCs may not be enough to oust the USD

China and Europe are hot on the digital currency trail, but won't threaten the United States. If the goal is to dominate the U.S in the global currency market, a simple digital version of the RenminbiThe post Chinese, European CBDCs may not be enough to oust the USD appeared first on AMBCrypto.

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Paxful Reveals Data Since Inception, 2019 Growth Stats

The global peer-to-peer Bitcoin marketplace, Paxful, has revealed it processed almost $1.6 billion in P2P Bitcoin trades in 2019, representing a gradual uptrend since its inception in 2015. Prices May Be Subdued, But Paxful Is On The Rise Announcing its annual growth metrics on the same day as revealing the company’s historical figures dating back […] The post Paxful Reveals Data Since Inception, 2019 Growth Stats appeared first on Crypto Briefing.

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Global Debt to be Worth $12 Million per Bitcoin by Year End

Bitcoin has achieved market capitalization close to some of the biggest corporations, ranging between $100 and $300 billion. But taken in proportion to the size of the world’s financial system, BTC may have a different valuation.

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Ethereum Replaces Tron at 2nd Spot in China’s Latest Crypto Ranking While Bitcoin Moves Up 2

China’s Center for Information and Industry Development (CCID), a research institute that operates under the Ministry of Industry and Information Technology has released the 15th crypto ranking. The institute started providing the Global Blockchain technology Assessment Index back in May 2018.

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BIS Fears Central Banks May Lose Relevance to Private Cryptos

For Agustin Carstens, head of the Bank of International Settlements (BIS), central banks cannot concede their roles as gatekeepers of the global financial system to private cryptos. Meanwhile, authorities in the U.

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ECB may launch CBDC if it fails to develop efficient payment solution

From viewing global stablecoins as a threat to considering the launch of a central bank digital currency, the European Central Bank [ECB] has come a long way. In a recent document titled, "Innovation The post ECB may launch CBDC if it fails to develop efficient payment solution appeared first on AMBCrypto.

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Bankers Might Not be as Clueless on Crypto as You Think, Says Analyst

Cryptocurrency naysayers associated with global finance may not be as misinformed about the industry as some observers might like to think. One popular analyst says those he encounters have researched crypto assets and often provide well-reasoned criticism.

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World Economic Forum States That Stablecoins Could Temper US Dollar Domination Risk

Stablecoins are cryptocurrency assets with their value tied to a specific asset, like gold or the US dollar. They serve many purposes in the industry, but an opinion piece in the World Economic Forum states that they may be able to curb the potential threat of global foreign currency reserves domination of the US dollar. […]

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Coinbase Pro Review 2020 – Overview of Fees, Listed Coins, Security

GDAX, which stands for Global Digital Asset Exchange, is a trading platform launched by the Coinbase in May of 2016. It got rebranded into Coinbase Pro in 2018. While some of you may know Coinbase for the ability to buy Bitcoin directly by Credit Card, Coinbase Pro is the other part of the company – […]The post Coinbase Pro Review 2020 – Overview of Fees, Listed Coins, Security appeared first on CaptainAltcoin.

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Ripple?s ODL and XRP are Tools for Making Better Remittance System: Weiss Ratings

The Weiss Ratings agency pays attention to Ripple?s recent expansion all over the world and says that its On-Demand Liquidity may improve the global remittance system

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No Deal: U.S.-China Trade War the New Normal for Global Equity Markets

An interim trade deal between the U.S. and China may not get…

The post No Deal: U.S.-China Trade War the New Normal for Global Equity Markets appeared first on CCN.com

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Australian Crypto Ecosystem Expands as Binance Eyes Antipodean Shores

Malta based Binance is setting itself up for global domination in the crypto industry. Whatever market sentiment may be at the moment, the company has not been deterred as it reportedly eyes antipodean shores for its next crypto exchange.

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Global Trend Against Cash Intensifies as China Joins the Squeeze

For various reasons, a growing number of nations are experiencing the rapid development of cashless society. Paper money may become extinct in some countries in the not-so-distant future. Prompted by the spread of private and decentralized cryptocurrencies and the threat of losing control over their monetary policies, more and more governments are now working to […] The post Global Trend Against Cash Intensifies as China Joins the Squeeze appeared first on Bitcoin News.

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Why is Bakkt planning to list cash-backed Bitcoin futures?

Bakkt has announced it will be listing cash-settled BTC futures, a pivot in the strategy that may seem at odds with the company’s founding vision. Bakkt’s Chief Operating Officer Adam White made the statement at Coindesk’s Invest conference in New York this week according to YAP Global, stating that the InterContinental Exchange-owned firm intends to […] The post Why is Bakkt planning to list cash-backed Bitcoin futures? appeared first on CryptoSlate.

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Facebook Pay Launches as Lights Continue to dim on Libra

Facebook Pay, a cross-application payment service launched by Facebook, will go live for United States customers this week. The service will be integrated across Facebook, Instagram, WhatsApp, and Messenger.

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Novogratz: China’s New Digital Currency Could Undermine US Reserve Status

China is on its way to becoming the first country to launch a state-backed global digital currency and Michael Novogratz, a prominent billionaire, has commented on that. Novogratz believes that the U.

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Stablecoins may help reduce global remittances cost: WB's Garcia Mora

2019 has been important for digital assets from both a technical and financial standpoint. The discussions with regard to stablecoins in the global economic landscape have been instrumental in generatThe post Stablecoins may help reduce global remittances cost: WB's Garcia Mora appeared first on AMBCrypto.

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Bitcoin Price Dips Below $9,000 as Global Stocks Slump

Bitcoin price teetered on the brink of $9,000, breaking down along with global stock prices. Analysts believe the Friday slump across markets is a response to the still uncertain trade deal between the US and China.

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China's CBDC may affect dollar's global reserve currency status: Kraken CEO

The blockchain and cryptocurrency ecosystem was taken by surprise when the Chinese President, Xi Jinping, publicly announced that blockchain technology was going to play an instrumental role in terms The post China's CBDC may affect dollar's global reserve currency status: Kraken CEO appeared first on AMBCrypto.

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Ripple may be entering Vietnamese market with TP Bank partnership

UPDATE: TPBank has now confirmed that it has joined RippleNet. Ripple has been taking giant leaps in improving the global financial infrastructure. Its partnership with SBI Holdings has establisheThe post Ripple may be entering Vietnamese market with TP Bank partnership appeared first on AMBCrypto.

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Global Digital Finance (GDF) Welcomes ShapeShift to Help Regulate Crypto Industry

Global Digital Finance (GDF) and its efforts to try and create regulations for the digital currencies industry have started attracting additional supporters and members. Recent reports claim that apart from the likes of Circle, Coinbase, and ConsenSys, the GDF has received a new member, ShapeShift.

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200+ German Banks Unite to Propose a Pan-Continental Digital Euro

China may have the early mover’s advantage in the race to launch the first national digital currency, but it seems other major global players are in no mood to be left far behind. The Association of German Banks (Bankenverband) released a paper yesterday explicitly stating that the Eurozone economy will benefit from a ‘programmable digital […] The post 200+ German Banks Unite to Propose a Pan-Continental Digital Euro appeared first on BeInCrypto.

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Will Bitcoin Mirror Tom Lee’s Bullish Stance on S&P 500?

Fundstrat co-founder and bitcoin analyst Thomas Lee has confirmed his belief that 2019 may be the start of a new bull market for the S&P. Will this hold true for BTC too? Analysis by Thomas Lee Confirms S&P Bull Market This Monday, the Fundstrat co-founder tweeted out his analysis of the state of S&P 500.

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Bitcoin, China’s CBDC may endanger United States’ position as global superpower

China’s aggressiveness in embracing blockchain technology, while also recording some interest in the world of digital assets, has grabbed the attention of the entire crypto-community. This sentiment shot throught the roof after President Xi Jinping’s comment on blockchain technology, a comment that suggested that the Asian superpower is planning to focus and invest substantially in […] The post Bitcoin, China’s CBDC may endanger United States’ position as global superpower appeared first on AMBCrypto.

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CS: GO Key Trading Ban Meets Anger on Steam, Laughter on Reddit

Valve banned Counter-Strike: Global Offensive players from trading container keys. The company defended the action by pointing to alleged problems with money laundering. Gamers on the CS: GO Steam group were divided, but the Reddit page was just laughing.

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Iconic Funds to issue ETN based on NYSE Bitcoin Index (NYXBT)

Iconic Funds, a global crypto asset management firm, today announced it will issue an Exchange Traded Note (ETN) for bitcoin of up to 100,000,000 Notes, tracking the NYSE Bitcoin Index (NYXBT). The Notes may be subscribed to by qualified investors with both EUR and BTC, with a minimum subscription size of 100,000 Notes and an […] CryptoNinjas: Iconic Funds to issue ETN based on NYSE Bitcoin Index (NYXBT)

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Indian Crypto Trading Volumes Accelerate on Positive Sentiments

Cryptocurrency trading volumes in India have accelerated despite regulatory uncertainty and banking restrictions imposed by the Reserve Bank of India (RBI). Global trading platforms and service providers have also been expanding their operations to serve Indian users.

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Facebook’s Libra May Not Get The Green Light As It Has Shaken Up The Central Banking Community

Facebook’s Libra, according to the president of a European think tank, might not get approved for its launch next year but it could definitely spur the creation of a different digital global currency.

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McKinsey: Majority of Banks May Not Be Economically Viable

Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn.

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How Would Bitcoin Fare in a ‘Growth Recession?’

It is being predicted that the chance of a global recession is now as high as it was in July 2007 — just before the 2008 housing crisis sparked a massive downturn in the economy. However, even if it is an ‘Everything Bubble‘ approaching, it will probably be a Growth Recession that follows.

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How climate change infiltrated popular culture

It seems that people are finally waking up to the threat of climate change. The most poignant sign of this for me was seeing an infographic I created adorning the main music stage at Reading Festival 2019.

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Global U.S. Dollar Shortage to Benefit Bitcoin, Says Crypto Twitter’s Biggest Bull

Many have been bearish on bitcoin after the dominant cryptocurrency breached support of $9,000 in September. The month-long consolidation around $8,000 is not helping either. It is only giving bitcoin haters more reason to scream their bearish outlook.

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Billionaire investor warns of big economic slowdown; how will Bitcoin react?

Ray Dalio, Co-Chairman and Co-Chief Investment Officer at Bridgewater Associates with a net worth of over $18 billion, warns stimuli from central banks won’t reverse global economic slowdown, which may affect Bitcoin in the medium term.

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G7 States Libra May Pose Threat to Financial Stability

Coinspeaker G7 States Libra May Pose Threat to Financial StabilityThe G7 believes that Libra, as well as other global stablecoins, may negatively influence the financial situation in the world.

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Binance Coin’s falling wedge pattern may push price upward

Changpeng Zhao-led cryptocurrency exchange, Binance seems to be taking over the crypto industry by initiating several developments in the ecosystem. The exchange might be looking into global expansion following the launch of Binance.

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Dutch Central Bank Hints at Economic Restart Based on Gold Standard

After a decade of unprecedented quantitative easing, the appeal of a sound currency is returning. Now, the Dutch Central Bank has reiterated some of the messages of gold bugs, stating that gold may become the basis for an economic restart.

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Bitcoin (BTC) Options To Be A Huge Hit Amongst Chinese Miners, Traders

The upcoming Bitcoin (BTC) options may be a hit product with miners and traders based in China, the CME Group believes. CME Notes Robust Interest from Asian Traders Tim McCourt, CME Group’s global head of equity products, expects to see the new options contracts surpass the popularity of futures.

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Bankers Start Turning on Fiat, Making Bitcoin a More Attractive Alternative

Many cryptocurrency maximalists are viewing signs of a possible economic recession as the potential foot in the door for a decentralized financial system, such as Bitcoin, to take root. Across the world, there are more and more indications that a global economic recession may be looming, as BeInCrypto has reported on.

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Active Trader Predicts a Stock Market Crash in Q4 Due to Liquidity Crisis

The S&P 500 (SPX) may have bounced from last week’s selloff but it seems that investors remain jittery. You can’t blame them. Uncertainties from the trade war, global dollar shortage, and weak manufacturing data are all threatening an index that’s trading close to all-time highs.

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4 ways your brand can take back complete control of its supply chain

The days of producing a product in one place are pretty much gone. If your product is even slightly complex, you’re probably sourcing supplies from a few different suppliers. And they may be sourcing from other suppliers still.

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Surging Repo Market Rates May Signal Another 2008 Economic Meltdown

The repo market has been grabbing the headlines lately. That’s because this little-known but vital aspect of the U. S. financial system is under duress. The situation has forced the U. S. Federal Reserve to step in for the first time since the global financial crisis of 2008.

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CC Forum – Blockchain and AI Investment Forum

14-16 October 2019 will see one of the world's major industry events. Following our highly successful inaugural edition in London last October as well as our the joint edition with the Maltese partners this May, the second edition of CC Forum London will connect global thought leaders, policy makers, investors and startups from across the world for a 3 day top content event.

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