During the first half of the year, betting portals that allow people to wager cryptocurrencies on the upcoming U.S. election had shown Donald Trump winning the election. However, after Tuesday eveningâs Presidential Debate, betting markets like Cloudbet show Joe Bidenâs chances of getting elected is favored by 61% over the incumbent Trump. Tuesdayâs Presidential Debate was considered by many as one of the âworst debatesâ in the history of American leadership. However, many people still kept score on how each candidate did during the eveningâs political discourse. In addition to…
Read MoreMonth: September 2020
American Economist Stephen Roach: âU.S. Dollar in the Early Stages of Sharp Decentâ
American economist and former chairman of Morgan Stanley Asia, Stephen Roach said on Sunday that he believes the U.S. dollar will âcrash faster and harder.â Roach said similar statements during an interview back in June, and his latest commentary stresses that people should âexpect the dollar to plunge by as much as 35 percent next year.â Stephen Roach is a well known American economist as he worked as chairman of Morgan Stanley Asia and he also advised as the companyâs chief economist as well. Roach currently serves as a senior…
Read MoreBitcoin.com Exchange to List Aspire and Aspire Gas as Newest Digital Asset Creation Platform Comes to MarketÂ
Aspire (ASP) is the first digital asset creation platform to resist both mining exploits and 51 percent attacks common to proof-of-work blockchains. Its fees are a tiny fraction of creating assets on Ethereum or other platforms due to its innovative Aspire Gas (GASP) blockchain Both tokens will be introduced with BTC and USDT trading pairs, with more pairs to follow in the short-term. Bitcoin.com Exchange is thrilled to announce the upcoming listing of two new digital assets: Aspire (ASP) and Aspire Gas (GASP) on the 30th of September 2020 at…
Read MoreCanadian Firm 3iQâs Bitcoin Fund Listed on Gibraltar Stock Exchange
The Gibraltar Stock Exchange said Tuesday that it listed a new bitcoin fund belonging to 3iQ Corp, a Canadian investment fund manager that focuses on new technologies and crypto assets. The announcement follows GSX Groupâs recent launch of what it calls the Grid, âa venue to create and deploy debt securities, funds, and equities as âsmart securitiesâ in tokenised formâ. GSX is the parent company of the Gibraltar Stock Exchange. According to the exchange, the newly listed fund tracks the price of bitcoin by using a special index feed, which…
Read MoreBuySellVouchers Indirectly Gives the Opportunity To Shop in the Popular Retail Chains With Bitcoin
It is looking like good times in the retail industry as BuySellVouchers gives a solution that allows users of the platform to shop in the most popular retail chains with cryptocurrency. The innovative solution from one of the leading online marketplaces for digital goods allows shoppers to purchase gift cards of major retail shops using different digital currencies. The emergence of digital currency has practically disrupted the financial system, with its unique features and benefits endearing it to millions of people across the globe. While the retail industry has evolved…
Read MoreJPMorgan Admits Fraud, Agrees to Billion Dollar Settlement for Illegal Trading
JPMorgan Chase has admitted to fraud charges and agreed to settle with the U.S. Department of Justice, the Commodity Futures Trading Commission, and the Securities and Exchange Commission. The firm has agreed to pay nearly a billion dollars in penalties and victim compensation. JPMorganâs Fraud Cases The U.S. Department of Justice (DOJ), the Commodity Futures Trading Commission (CFTC), and the Securities and Exchange Commission (SEC) announced separate actions against New York-based global banking and financial services firm JPMorgan Chase & Co. and several of its subsidiaries on Tuesday. According to…
Read MoreDock Announces Mainnet Launch
Switzerland. September 30, 2020. Dock is pleased to announce the launch of its much-anticipated blockchain mainnet. The mainnet is the culmination of years of collaboration, hard work, and testing that brings to the market a bespoke credential issuing and verification platform. Dock seeks to solve the most difficult issues that face the credential industry today. Currently, most companies rely on centralized platforms that hoard data or issue digital credentials that are easy to forge. Dock was specifically built for this purpose of enabling organizations to create verifiable credentials on a…
Read MoreCumulative Ethereum Transaction Fees in 2020 Supersede Bitcoinâs by a Long Shot
This week the research and analysis team Coin Metrics published a report on how decentralized finance (defi) is âfueling Ethereumâs growth.â Meanwhile, the researchers also highlighted that Ethereumâs cumulative transaction fees in 2020 are now over $350 million and more than double the aggregated total of Bitcoinâs network fees. Coin Metrics researchers and Nate Maddrey published a new report that discusses Ethereumâs defi evolution and the growth the blockchain has seen this year. However, with the new demand Coin Metrics highlights that ETH fees have âchanged dramaticallyâ and the authors…
Read MoreDevere Group CEO Predicts Bitcoin Can Replace Gold as Top Safe-Haven Within a Generation
A few weeks ago, Devere Group CEO and founder Nigel Green said that he believed the U.S. election would bolster the price of bitcoin. Speaking with the financial broadcast MoneyFM on Monday, Green said he also believes that bitcoin will replace gold as the ultimate financial safe haven within the timespan of a generation. Devere Group CEO Nigel Green is a big believer in crypto assets like bitcoin (BTC) and heâs been more vocal about his forecasts in recent days. Last August, news.Bitcoin.com reported on Green explaining why he thinks…
Read MoreUniswap Captures $2 Billion Locked, Dex Volume Outpaces Second-Largest Centralized Exchange
The decentralized exchange (dex) built on Ethereum, Uniswap has accumulated a whopping $2 billion in total value locked (TVL) this week. Tuesdayâs data shows out of all the decentralized finance (defi) applicationâs Uniswap dominates the $11 billion landscape by over 18%. Just recently, the defi space has touched a few new milestones as the ecosystemâs TVL this week has topped $11 billion. The dex Uniswap is dominating the defi landscape by 18.65% with over $2 billion TVL to-date. Uniswap is followed by Makerdao ($1.9B), Aave ($1.56B), Curve.fi ($1.22B), and the…
Read More