Bitcoin

Bitex Enables Over 60 Banks in Latin America To Access Bitcoin

Bitex Enables Over 60 Banks in Latin America To Access Bitcoin

The Bitex (a cryptocurrency exchange) has entered in partnership with a prominent banking service provider in Latin America, Bantotal (located in Uruguay) which gives the exchange to work with more than 60 banks and other financial institutions. Bitex CMO Manuel Beaudroit stated, With this technology, banks can have access to an API and have control of the whole process of payment with visibility and reliability on the bitcoin blockchain.”

Bitcoin Added Samsung Blockchain Keystore SDK

Bitcoin Added Samsung Blockchain Keystore SDK

A tech major Samsung has reportedly added Bitcoin support to its Blockchain Keystore SDK. Users now can secure storage hardware featured on supported devices.The FAQs on their website has explained, “Official version of Samsung Blockchain SDK will be announced by the end of 2019. In the meantime, developers can request a partnership to use the beta version of the Samsung Blockchain SDK.”

Goldman Sachs Link Between US-China trade war & Bitcoin

Goldman Sachs Link Between US-China trade war & Bitcoin

The Goldman Sachs (a multinational investment bank) has decided to study the impact of ongoing trade war between USA and China and its impact on Bitcoin prices and concluded that it may well be bullish for Bitcoin and predicted that the trade war won’t end till 2020 US presidential election. 3 lead economists of the bank, Jan Hatzius, Alec Phillips, and David Mericle have authored, “Overall, we have increased our estimate of the growth impact of the trade war.”

Business Man Caught On Suspicion For Bitcoin-Money laundering

Business Man Caught On Suspicion For Bitcoin-Money laundering

Eike Batista, a wealthy Brazilian businessman has been arrested by federal police on account of suspected money laundering. The Federal Prosecutor wrote: “Although the suspect’s wife, Mrs. Flávia, is not being investigated, it is quite possible, given the evidence of such a usual means of money laundering that the suspect was using the wife’s name and account to ensure concealment of the products or proceeds of crime.”

Grayscale Releases Case Study On BTC Hedges

Grayscale Releases Case Study On BTC Hedges

A digital assets investment company, Grayscale Investments as published a case study on how BTC could be used as a hedge against financial instability. From the report: “With continued adoption, Bitcoin represents a transparent, immutable, and global form of liquidity that can provide both wealth preservation and growth opportunities. As a result, we believe it deserves a steady strategic position within many long-term investment portfolios.”

Brian Belski Shares That Its Too Early To Label Bitcoin As Tax Haven

Brian Belski Shares That Its Too Early To Label Bitcoin As Tax Haven

BMO Capital Markets’ chief investment strategist Brian Belski has shared that it is premature to call Bitcoin (BTC) a safe haven from economic turmoil. He argued: “Bitcoin has been excessively volatile, especially the last couple of years. It’s the sexy kind of thing to go to now. I don’t base my investments on sex appeal. I base my investment on longer-term perspective, in terms of Bitcoin being that safe haven, I think it’s way too soon to call that.”

Ben Perrin, Bitcoin Educator Donates Money to Charity in Style

Ben Perrin, Bitcoin Educator Donates Money to Charity in Style

Ben Perrin, a YouTuber who runs an education channel about cryptos & bitcoin who trapped scammers and donated the money to charity. He expounded, “In this case, every 24 hours, they guaranteed me a doubling of my Bitcoin, and said that if I would just send them some Bitcoin I could start seeing returns. I said that I would gladly invest $20,000 with them if they would simply send me $100 back, I could then return it to them, just to ensure that everything was legit.”

Blockchain Book Offers $25 Worth of Crypto

Blockchain Book Offers $25 Worth of Crypto

Sir John Hargrave has recently published his new book entitled, BLOCKCHAIN FOR EVERYONE which was exclusively made on Hargrave’s website, and comes with $25.00 worth Dai cryptocurrency when purchased from blockchainforeveryone.com. Sir John then commented, “This cross-promotion may be the first of its kind in the publishing industry. Our initial idea was to include a little bit of bitcoin with each book. It turns out that’s difficult to do.”

China Becoming Tender On Bitcoin

China Becoming Tender On Bitcoin

There are many positive happenings in China regarding crypto industry in particular Bitcoin, like the Hangzhou Internet Court recently ruled that Bitcoin is a commodity. The state owned Bank of China has recently released an infographic about Bitcoin. The CEO of Circle (a p2p payment company) Jeremy Allaire explained, “We have been seeing, from my vantage point, a softening in the Chinese stance towards crypto,”

Macroeconomic Fallout Is Behind Bitcoin Rise Jeremy Allaire

Macroeconomic Fallout Is Behind Bitcoin Rise: Jeremy Allaire

The CEO of crypto payments firm Circle, Jeremy Allaire, has predicted that macroeconomic turmoil is the major engine behind the bitcoin rally. He stated: “You can very clearly see some macro correlation there. I think the broader theme of, Bitcoin specifically, crypto more broadly participating in these global macro forces is becoming more clear. Rising nationalism, rising amounts of currency conflict, trade wars, these all obviously are supportive of a non-sovereign, highly secure digital store of value.”