Cryptocurrency News Market

Bitcoin-Friendly Square Uses App and Algorithms to Issue Business Loans

Payments company Square is moving into new markets by issuing business loans and will soon move to consumer lending. Its data collecting and analyzing algorithms are deciding creditworthiness letting borrowers arrange their loans in a few taps. According to WSJ reporting, one Texan food truck owner accepted a loan offer within the Square app, then

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Cryptocurrency News Market Ripple

Ripple’s XRP Last Three Months Wrapped – Most Promising Future Competitor Against BTC

Being in the headlines on a daily basis is undeniably a characteristic that shines for Ripple’s XRP. As we are closing in to the end of the year, a short summarization of the last couple of months would be a read-worthy for any trader or crypto-enthusiasts who is looking forward to 2019. Source: coinmarketcap – Read more…

Perfect Storm Bitcoin didn't exist before the last financial crisis
Cryptocurrency News

Perfect Storm: Bitcoin Didn’t Exist in the Last Financial Crisis

Bitcoin has been quietly preparing for over a decade for the next market storm as a non-political alternative to the money printing pyramid. Bitcoin Separates Money and State Bitcoin was forged by the last great financial crisis of 2008 and designed to thrive in financial turmoil. “Bitcoin adoption has always been driven by bank failures, Read more…

Cryptocurrency News Market

Dow Jones Near Bear Market Territory, Why White House Failed to Ease Investors

This week, the Dow Jones recorded a steep sell-off from 23,970 points to 21,846 points, amidst global economic instability and uncertainty. Since achieving an all-time high at 26,828 points on October 3, the Dow Jones has fallen by 5,036 points to 21,792 points, by 18.77 percent. In the traditional financial market, a 20 percent decline

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Cryptocurrency News Market

Nigerian Blockchain Experts Believe Crypto Can Boost African Economy

When we talk about worldwide crypto adoption, one of the most untapped places in the world is Africa. Nigerian blockchain experts have called for greater regulation of cryptocurrency on the African continent to strengthen the sector in the region and to help boost the economy. Although most crypto-fanatics will pour scorn on any talk of

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Cryptocurrency News Market

Could President Trump Be Setting Up The Next Big Bitcoin Rally?

So asked fund manager, Ross Gerber, on Twitter, without giving so much as an ounce of explanation. So let’s investigate… could it be a crypto-Christmas thanks to Trump, or did Gerber just deliver early Christmas for Twitter trolls. What Has Trump Done Now? Take your pick. Perhaps the scene was set by the announcement of Bitcoin Read more…

Cryptocurrency News Market

Cryptocurrencies Could Outperform All Other Assets in 2019

As other asset markets, particularly the stock markets, enter a bear market some believe cryptocurrencies have a chance at being the best performing asset class next year. Travis Kling, a self-proclaimed ex-equities portfolio manager who “fell down the crypto rabbit hole” and is now heading up the cryptocurrency asset management firm Ikigai, tweeted today: Crypto

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Cryptocurrency News Market

‘Human ATM’: Flash Cryptocurrency Releases Peer-to-Peer Functionality for Mobile

Flash is a lesser-known Scrypt-based cryptocurrency which has a growing presence in Venezuela and Africa. It is not designed to be a proof-of-work system, although it uses mining to verify transactions and secure the network, but instead focuses on transactions which can settle in a matter of seconds. Their mobile wallet recently integrated a “human

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Pro-Bitcoin Ron Paul: It’s Time to Abolish Federal Reserve, Embrace Tax-Free Crypto

Retired US Congressman Ron Paul — a bitcoin skeptic turned proponent — reiterated his calls to abolish the Federal Reserve shortly after it raised the baseline interest rate a quarter of a percentage point, to a range of 2.25% to 2.5%. This is the fourth time that the Fed — the central banking system of the United

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Cryptocurrency News Market

Dow Jones Falls to Lowest Level in 14 Months, the Wealthy Pulling Out?

For the first time since Oct 2017, the Dow Jones has fallen below 23,000 points and the U.S. stock market is now flirting with a bear market. Already, according to Sam Stovall, the chief investment strategist at CFRA Research, equity markets are approaching a capitulation phase. While there still isn’t enough data to conclusively state

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