CoronaVirus Cryptocurrency & Blockchain Technology PayPal’s Reported Interest In Bitcoin Trading Comes Amid Covid-19 Induced Bounce PayPal is reportedly gearing up to offer bitcoin trading through its payment apps. SOPA Images/LightRocket via Getty Images PayPal PYPL doesn’t want to be left out of any cryptocurrency bounce and is reportedly gearing up to enable its hundreds of millions of customers to buy and sell digital tokens. Coindesk, citing three people familiar with […] Written by imesocial June 24, 2020June 24, 2020
Cryptocurrency & Blockchain Technology Crypto Could Displace Fiat Payments Sooner Than You Think UNITED KINGDOM – 2020/06/06: In this photo illustration banknotes of the pound sterling, The Bank of … [+] England £20 notes with the image of Queen Elizabeth II are seen in a woman’s hand. (Photo Illustration by Karol Serewis/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Banks are not seamless payment centers where […] Written by imesocial June 24, 2020June 24, 2020
Cryptocurrency & Blockchain Technology You Can Now Buy Bitcoin At CVS, 7-Eleven, Rite-Aid Bitcoin ATM operator LibertyX now offers bitcoin purchases at the United States’ most popular convenience and drug stores. Per a PR Newswire released on Jun 22, the company has finished rolling out the buying option which will be available in “20,000 retail locations around the U.S., including major convenience store and pharmacy chains, such as […] Written by imesocial June 24, 2020June 24, 2020
Business CoronaVirus Cryptocurrency & Blockchain Economy How to Services Technology U.S. Senate To Examine Future Of Money On June 30, the U.S. Senate Banking Committee will hold a virtual hearing titled “The Digitization of Money and Payments.” A source shared that the hearing should be very interesting and a nice follow-on to the hearing held by the FinTech Task Force in the House of Representatives two weeks ago. The Senate Banking Committee […] Written by imesocial June 24, 2020June 24, 2020
Cryptocurrency & Blockchain Technology How Resolving Accounting Issues Can Push Blockchain Closer To Mainstream Adoption Blockchain is the future of financial reporting, but several issues stand in the way of wider utilization and adoption. Getty A large part of the blockchain and cryptoasset conversation, at least in accounting and financial reporting circles, has been how blockchain is going to influence and change the reporting and disclosure process. Conferences, podcasts, and […] Written by imesocial June 24, 2020June 24, 2020
Cryptocurrency & Blockchain Technology Record Unemployment Has Contributed To A ‘Striking’ Shift Toward Bitcoin, New Research Reveals Bitcoin interest has surged in the wake of the coronavirus pandemic and the unprecedented measures undertaken by governments to contain it while propping up the global economy. The bitcoin price has bounced back to almost $10,000 per bitcoin after crashing to under $4,000 during the broad March coronavirus sell-off. Now, new research has revealed the […] Written by imesocial June 24, 2020June 24, 2020
Cryptocurrency & Blockchain Technology John Bolton May Have Forced Donald Trump Into A Surprising 2020 Election Issue John Bolton, Donald Trump’s former national security advisor, has been on a whirlwind tour promoting his new tell-all book. Trump has hit back at many of the book’s claims—trying, and failing, to get the publication of the book blocked. With the November 2020 election fast approaching and Trump’s deteriorating relationship with China expected to remain […] Written by imesocial June 23, 2020June 23, 2020
Cryptocurrency & Blockchain Technology Switching To Digital Currency For Stimulus Checks Would Save Billions In this April 23, 2020, photo, President Donald Trump’s name is seen on a stimulus check issued by … [+] the IRS to help combat the adverse economic effects of the COVID-19 outbreak, in San Antonio. The US government has distributed about 130 million economic impact payments to taxpayers in less than 30 days. The […] Written by imesocial June 23, 2020June 23, 2020
Cryptocurrency & Blockchain Technology Buzz Of PayPal & Venmo to Facilitate Crypto Buying/Selling News of Financial Tech companies Paypal PYPL and Venmo potentially looking to roll out crypto purchasing is energizing the digital asset space. CoinDesk reported that three individuals told them these companies plan to offer “direct sales of cryptocurrency” to their users: CoinDeskPayPal, Venmo to Roll Out Crypto Buying and Selling: Sources – CoinDesk This news […] Written by imesocial June 23, 2020June 23, 2020
Cryptocurrency & Blockchain Technology Detroit Hackers Want To Bring ‘Third Essential’ To Evolving City There once was a time when everything Detroit needed to lead American industry could be found inside a car factory and a music studio. Ford was born in Detroit in 1903, attracting General Motors, Chrysler and more, filling America’s nascent highway system with millions of gas-guzzling, economy driving cars and trucks, the steel and rubber […] Written by imesocial June 23, 2020June 23, 2020
Cryptocurrency & Blockchain Technology Protesters Around The World Are Putting Their Hopes Into Cryptocurrency SYNTAGMA SQUARE, ATHENS, ATTICA, GREECE – 2015/07/15: A protester advertises Bitcoin at the … [+] anti-austerity protest outside the Greek Parliament in Athens. Molotov cocktails, tear gas and stun grandees were thrown by protesters and police when an anti-austerity protest outside the Greek parliament turned violent. The protest was hold while the Greek parliament was […] Written by imesocial June 22, 2020June 22, 2020
Cryptocurrency & Blockchain Technology DeFi Yield Farmers And Crypto Investors Are Raking In 100%+ Annualized Yields Crypto investors are utilizing DeFi lending protocols and products to “yield farm” and generate … [+] outsized returns. AFP via Getty Images DeFi “yield farming” is the latest meme exciting investors in the crypto universe. Yield farming is the act of leveraging DeFi protocols and products to generate high rates of return, in some cases […] Written by imesocial June 22, 2020June 22, 2020
Cryptocurrency & Blockchain Technology Bitcoin Is Braced For A $1 Billion Earthquake This Week Bitcoin’s early 2020 rally has come to an abrupt halt, with the price failing to hold above $10,000 per bitcoin. The bitcoin price, up around 30% so far this year, has been treading water at around $9,400 since it briefly moved above $10,000 earlier this month. Now, bitcoin traders and investors are braced for more […] Written by imesocial June 22, 2020June 22, 2020
Cryptocurrency & Blockchain Technology Trump Says China Controls Bitcoin—Yet His Administration Supports It Bolton book reveals President Trump’s suspicion of Bitcoin, but his administration’s actions support Bitcoin and Ethereum at the expense of other crypto currencies. National Security Advisor John R. Bolton, yellow legal pad in hand, listens to President Donald J. … [+] Trump in the Oval Office July 18th, 2019 in Washington, DC. (Photo by Jabin […] Written by imesocial June 21, 2020June 21, 2020
Cryptocurrency & Blockchain Technology Bitcoin $50,000 Next Stop; XRP Not A Security? Get Forbes’ top crypto and blockchain stories delivered to your inbox every week for the latest news on bitcoin, other major cryptocurrencies and enterprise blockchain adoption. (Photo by S3studio/Getty Images) 2018 S3studio CRYPTO MARKETS Bitcoin dipped below $9,000 for the first time in June early Monday morning, though it quickly rebounded for a relatively calm week. Unfazed by its […] Written by imesocial June 21, 2020June 21, 2020
Cryptocurrency & Blockchain Technology Former PayPal Head Of Innovation Condemns Trump’s Corporate Bailouts The Federal Reserve announced that it will start buying corporate bonds to provide additional … [+] liquidity for corporations. Bitcoin experts argue that this artificially props the market and could further widen the inequality gap. These make bitcoin even more attractive, they believe. (Photo by Alain Pitton/NurPhoto via Getty Images) NurPhoto via Getty Images For […] Written by imesocial June 21, 2020June 21, 2020
Cryptocurrency & Blockchain Technology Trump Taps Jay Clayton To Be U.S. Attorney As Anxious Crypto Industry Awaits Choice For New SEC Chair June 20, 2020 10:00pm: Geoffrey Berman has stepped down as U.S. Attorney of the Southern District of New York after a dispute over his departure. Jay Clayton’s nomination to the position by President Trump will need U.S. Senate confirmation. The Department of Justice released a late-night press release Friday from Attorney General William Barr who […] Written by imesocial June 21, 2020June 21, 2020
Cryptocurrency & Blockchain Technology As Markets End The Week In Red American President with a face mask against CoV infection. 100 dollar banknote. Coronavirus in … [+] United States. Concept quarantine and recession. Global economy hit by corona virus outbreak and pandemic Getty Equity and bitcoin market’s upward trajectories have stalled recently, which has been tied to uncertainty surrounding the economic ramifications of a second wave […] Written by imesocial June 20, 2020June 20, 2020