US Treasury to ‘Borrow’ $3 Trillion for a Single Quarter – Anticipates Taking Billions More for Q3.

On Monday, the United States Department of the Treasury announced it will be “borrowing” a record $3 trillion to help support the American economy. The move comes after the Federal Reserve dished out over $6 trillion to private dealers before the first U. origin »

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Robinhood funds earmarked for platform upgrades.

Robinhood is a commission-free trading platform that allows users to trade stocks, ETFs, options, gold, and crypto via a mobile app or web browser. The company was founded in 2013 and has been one of the most successful fintech startups of recent years. origin »

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Can Cryptocurrency Payments Replace e-Wallet Payments?.

Having the ability to make online transactions has changed the way we work, the way we shop, and the way we spend our time. The commercial and societal borders are wider than ever before, and consumers are no longer restricted to only being able to make purchases based on the availability of their local markets. origin »

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'Bitcoin Trillionaires': Ben Mezrich Announces Title of His Future Book.

American author Ben Mezrich announces the name of a new book that he might pen in the not too distant future origin »

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Securitize Builds Digital ID Service in Hopes of Creating Industry Standard.

Securitize is rolling out a digital ID service so issuers, investors and other players in the security token market don't have to keep sending the same documents to every company they deal with. origin »

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Moderna (MRNA) Stock Rises 10% after FDA Approves mRNA-1273 Vaccine for Phase 2 Trial.

Coinspeaker Moderna (MRNA) Stock Rises 10% after FDA Approves mRNA-1273 Vaccine for Phase 2 TrialPhase 2 trial of Moderna's coronavirus vaccine will shortly begin and enroll 600 participants. origin »

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BinanceKR Joins Decentralized ID Consortium MyID Alliance.

Crypto exchange Binance’s newly launched South Korean arm, BinanceKR today announced that it had joined blockchain-powered decentralized ID (DID) consortium MyID Alliance. BinanceKR Joins MyID Alliance In a bid to mitigate user authentication problems by streamlining the identification process, BinanceKR has officially joined the MyID Alliance. origin »

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BTC Miners Expect Bitcoin Price to Surpass $12K After Reward Halving.

Miners are hoarding most of the Bitcoin they mine ahead of the halving, showing they expect a much higher price after the event.

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Blockchain Bites: Introducing the CoinDesk 50 and a Roadmap to Consensus: Distributed.

In the news: a new blockchain voting proposal, Cash App's bitcoin profits and why we're sooner having a halving. origin »

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Nasdaq Just Turned Positive For 2020 – Here’s Why That’s Insane.

The Nasdaq has been soaring lately as the coronavirus pandemic boosted tech companies, but the rally won't last. The post Nasdaq Just Turned Positive For 2020 – Here’s Why That’s Insane appeared first on CCN.com origin »

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Famous Bitfinex Whale Leaves Crypto Twitter. Read His Farewell Message.

Bitfinex whale Joe007 says his last goodbyes to crypto Twitter after making quite a few waves during his social media presence origin »

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Bitcoin Nears $10,000 as Adoption Heads for All Time High.

Bitcoin has gone green today while all the rest is a bit red in what might suggest this is now the bitcoin show. Up another $400 today to $9,600 makes... The post Bitcoin Nears $10,000 as Adoption Heads for All Time High appeared first on Trustnodes. origin »

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ErisX Exchange Secures NYDFS BitLicense Approval, Joining A Select Group of Crypto Firms.

Reports have now emerged that the New York Department of Financial Service has approved Eris Clearing LLC BitLicense application. This the clearing arm of the larger ErisX group handling digital currencies. origin »

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TOP 3 Price Prediction: BTC, ETH, XRP ? Dump After Ongoing Growth?.

Can Ethereum (ETH) and XRP grow along with Bitcoin (BTC) until the halving? origin »

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Dollar Vigilante Founder Talks Covid-19 and Economic Crisis: ‘The Modern Financial System Is at the End of It’s Rope’.

Jeff Berwick is an entrepreneur with a lot to say these days and he’s released a number of videos discussing the coronavirus pandemic and the government-induced lockdowns. Berwick is the founder of The Dollar Vigilante, an anarcho-capitalist media outlet focusing on gold, silver, mining stocks, cryptocurrencies, and offshore banking. origin »

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Facebook’s Libra Appoints HSBC Legal Chief Stuart Levey as CEO.

Coinspeaker Facebook’s Libra Appoints HSBC Legal Chief Stuart Levey as CEOStuart Levey will step down as Chief Legal Officer for HSBC Holdings this summer. Then, he will join the Libra Association as its CEO. origin »

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Libra Association Appoints Former Obama Under Secretary As Its First CEO.

Facebook-led Libra Association announced on Wednesday the appointment of Stuart Levey as its CEO. Levey served as Obama’s Under Secretary for Terrorism and Financial Intelligence and will now be joining the Libra Association as its very first Chief Executive Officer. origin »

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Stellar Invests $5 Million into Abra to Build Next-Gen Fintech Platform.

The Stellar Development Foundation has announced a $5 million investment in Abra, a financial services company offering cryptocurrency services. Abra will now be incorporated with the Stellar platform, allowing both entities to provide a wider range of services to their respective users. origin »

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Tax Dollars are Funding Justin Sun’s TRON Blockchain.

TRON and BitTorrent CEO Justin Sun finds himself at the center of controversy, once again, after his company announced that it received a $2 million coronavirus stimulus loan from the... The post Tax Dollars are Funding Justin Sun’s TRON Blockchain appeared first on Crypto Briefing. origin »

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Inovio (INO) Pharmaceuticals Stock Fell 5% as Class Action Lawsuit Brews.

Coinspeaker Inovio (INO) Pharmaceuticals Stock Fell 5% as Class Action Lawsuit BrewsInovio Pharmaceuticals might see a plunge in its 2020 gains if a class action lawsuit proves the company deliberately misled the public. origin »

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Bitfinex Derivatives Launches Bitcoin Dominance Perpetual Swaps.

The derivatives platform for Bitfinex cryptocurrency exchange is launching a new perpetual swaps product today that enables traders to speculate on Bitcoin dominance.

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Whales Accumulate Bitcoin and Ether, Disregarding Macro Concerns.

Large Bitcoin and Ether whales are doubling down by adding more coins to their holdings, even as crashes rock global financial markets. Accumulating Bitcoin for the Next Cycle Addresses holding... The post Whales Accumulate Bitcoin and Ether, Disregarding Macro Concerns appeared first on Crypto Briefing. origin »

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Ripple Joins ISO Global Standards Body on Cross-Border Payments.

Ripple claims to be the first DLT-focused member of the global ISO 20022 standards body, driving international standards for interoperability between financial institutions.

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Craig Wright’s university investigating reports of plagiarism in his PhD dissertation.

Charles Sturt University is investigating reports of plagiarism in Craig Wright’s doctoral thesis, a spokesperson for the university said on Twitter. The investigation came as a result of intense community pressure after a report found that, aside from his LLM thesis, Wright’s doctoral thesis was ripe with plagiarism. origin »

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Ethereum Scaling and Gas-Free Transactions Arrive.

ETH 2.0’s highly anticipated revamp is expected to begin rolling out in a matter of months, but scaling solutions and gas-free transactions have already arrived.

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JPMorgan releases a new update for its enterprise blockchain solution.

Developed by JPMorgan, Quorum is a financial software platform built for the common adoption of blockchain across participants in the industry. It is an enterprise-focused solution and comes packaged as a permissioned blockchain infrastructure. origin »

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Why are Central Banks Interested in Digital Currency.

A retail Central Bank Digital Currency (CBDC) would be a digital and universally accessible form of money issued by central banks. Objectives= anticipate the disappearance of cash, create efficient means of payment, and strengthen regulatory controls. origin »

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Giants Like KFC Are Looking to Improve Advertising Transparency With Blockchain Technology.

While cryptocurrencies still continue to fight their battle for adoption, blockchain technology seems to be performing a lot better on that front. More and more major companies are either accepting it or at least conducting tests in order to assess its benefits and potential impact of implementing it into their business strategy. origin »

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From E-commerce to Distributed business– Understanding on how to create a new eco-business after the upgrade of BitCherry technology.

As we all know, the public chain is a blockchain that provides services to the public. The commercial value of the public chain is to provide infrastructure and commercial application support for various commercial fields, but it is trapped by performance and other conditions. origin »

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The Last Manufacturer of VHS Players Will end Production This Month.

Over the past few decades, video content has evolved from VHS to DVD, to BluRay, and now online streaming It now appears that the golden days of video recorders will not come back anytime soon. To this date, there is only one company still manufacturing video recorders. origin »

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Community In An Uproar as Sun’s Tron Foundation Granted $2M Subsidy from US CARES Act.

Justin Sun and the TRON Foundation, which he owns, have been thrust into controversy (surprise, surprise. . examples include: here, here, here, here, here, here, and so on) after reports emerged that they received the money from the US stimulus package. origin »

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Cambridge University Researchers Launch Global Bitcoin Hashrate Map.

The Cambridge Center for Alternative Finance (CCAF), an affiliate of the University of Cambridge dedicated to the study of alternative finance and financial channels, has developed a new Bitcoin data tool called the Bitcoin Mining Map. origin »

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Full Moon: Will Bitcoin Break Out During Today’s Celestial Event?.

Bitcoin’s halving is less than one week away. The crypto asset is trading at the top of a multi-year chart formation. And tonight is the Full Flower Moon. Is the stage set for a major halving-fueled Bitcoin breakout during tonight’s full moon? Stars Align For Major Cryptocurrency Breakout Bitcoin price is currently trading at over... origin »

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Analysis of Bitcoin addresses shows that BTC is about to tap a massive resistance region.

Bitcoin saw a notable overnight upswing that allowed it to rally past the heavy resistance that had previously been established around $9,200. The break above this level has led investors to become increasingly bullish as it grows ever more likely that BTC is about to start forming another leg up. origin »

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XRP Prints a New Low After Over 8 Months of Consolidation, Could Drop Another 35%.

The fourth-largest cryptocurrency by market cap has taken a beating while bitcoin holds its position above the $9,000 level. Down 2. 92%, XRP is currently trading at $0. 214, still recording gains of almost 11% YTD. origin »

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Bitcoin Faces Massive Resistance: 1.2 Million Addresses Bought BTC at $9,600.

As Bitcoin’s halving approaches, market participants appear to have mixed feelings about where the flagship cryptocurrency is headed next. Some of the most prominent analysts in the industry believe that BTC is poised to correct. origin »

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Gambling for a good cause – CryptoSlots donates all proceeds from new slot to the fight against coronavirus.

CryptoSlots released their newest slot, Micro Monsters, a game filled with bonus extras to beat the reels’ viral critters. The biggest bonus, though, is that every bet made on the slot will be donated by the crypto casino to Direct Relief, a charity supporting health workers and patients during this pandemic. origin »

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Investors Increasingly Nervous About A Halving Rally As Bitcoin Approaches $10K.

Bitcoin has broken above $9,500 and is fast approaching $10K. This is a critical level and one that most investors expect to be reached before next week’s halving. While the event is largely viewed as a bullish one, special circumstances this year have cast a shadow of a doubt if it will play out as […] origin »

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Square’s Cash App & Grayscale Combined Consume Over 50% of Bitcoin’s Daily Supply.

This is a whopping 367% increase over the same quarter last year at $66 million. Revenue from bitcoin now accounts for 57% of Cash App’s total reported revenue, up from 47% in 2019. Bitcoin revenue generated a gross profit of $7 million, benefitting from “an increase in transacting active bitcoin customers and growth in customer […] origin »

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Free TON Blockchain launched as Community asks Telegram to “No Longer Be Involved”.

Free TON Blockchain launches days after Telegram expressed hope of launching its blockchain network in April 2021. TON Labs has announced that the TON blockchain community has proceeded to launch a “free” version of Telegram Open Network. origin »

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Tron follows Bitcoin's lead as Monero, Dash don't get memo.

Usually, high correlations and market dominance would suggest that the larger crypto-market will follow the price movement of Bitcoin, the world's largest cryptocurrency. However, that hasn't been theThe post Tron follows Bitcoin's lead as Monero, Dash don't get memo appeared first on AMBCrypto. origin »

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Abra Gets $5M Boost from Stellar Enterprise Fund.

Crypto app Abra will benefit from a $5 million financial boost from the Stellar Enterprise Fund, as the San Francisco based platform prepares to move its network onto the Stellar blockchain. Bitcoin remittances platform Abra has received a major boost as it is set to add $5 million to its coffers from the Stellar Development more info… The post Abra Gets $5M Boost from Stellar Enterprise Fund appeared first on Coinjournal. origin »

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Bitcoin Extends Upside Today as Altcoins See Red: Price Analysis.

Bitcoin (BTC) has rallied more than 2. 9 percent on the day as the top altcoin market, led by Ethereum (ETH) and XRP, flip red. Bitcoin is bidding to extend its daily gains for a seventh day as bulls push to break above recent highs at $9,500. origin »

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Bitcoin Brought in More Revenue for Cash App than Fiat in Q1 2020.

Bitcoin brought in more revenue for Square’s Cash App than fiat, the company has revealed via its first-quarter earnings results released Wednesday. In a shareholder letter detailing the company’s financials in the first quarter of 2020, Cash App’s revenues totaled $528 million. origin »

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Abra Cryptocurrency Wallet Gets $5M Investment from Stellar (XLM).

The Stellar Development Foundation (SDF), the non-profit organization focused on supporting the growth and development of the Stellar ecosystem, has invested $5 million in Abra, a global investment app and all-in-one cryptocurrency wallet. origin »

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Ethereum Price Tries to Go Higher after ETH Tested the Area of Lows.

Coinspeaker Ethereum Price Tries to Go Higher after ETH Tested the Area of LowsOn Thursday, May 7th, the ETH rate resumes growth after a row of days "in the red". Now Ethereum is generally trading at $207, having lost around 3% within the last 24 hours. origin »

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New Report Explains Why XRP Takes Weekends Off.

A report from Flipside Crypto delves into why XRP trading drops significantly on weekends.

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Shockingly Bad Unemployment News Is Great News for Disney+ and Netflix.

As more people huddle at home due to coronavirus, Netflix and Disney+ are in a strong position to reap the rewards. The post Shockingly Bad Unemployment News Is Great News for Disney+ and Netflix appeared first on CCN.com origin »

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