CryptoTraderNews Archives - Page 8 of 20

ThursdayOct 10, 2019 11:55 am

Is the U.S. Making A Mistake By Not Developing A Government-Backed Crypto Token?

China is in research and development of the Digital RMB, Venezuela has the Petro, and Iran is investing in the development and launch of its own cryptocurrency. In fact, even the EU is tossing around the idea of a digital currency, and there are many more countries looking to digitize their monetary systems – but where is the United States as far as the development and launch of its own crypto token? Wolfgang Koester, Chief Strategy Officer of Kyriba, said that financial analysts must focus on active liquidity management to avoid volatility issues. He cited the example of Chinese Yuans…

WednesdayOct 09, 2019 12:02 pm

How Does Square Work?

In a world where the advantages of running an online business far outweigh the shortcomings, everyone seems to be flocking towards this business model. Even if you are trying to reach the brick-and-mortar market, starting from a virtual space often seems to be the way to go. Knowing how Square works can give you a leg up in your business. Why Square? A virtual marketplace is not just restricted to small businesses with their proverbial doe-eyed aspirations. Multi-million dollar companies also take this route to start with exclusively-online services before taking their operations to pop-up stores and later to retail…

TuesdayOct 08, 2019 11:41 am

Do You Buy Gold Or Bitcoin Right Now?

This gold versus bitcoin narrative continues to play out and becomes an even more important talking point as we see several different negative macroeconomic trends. But we need to understand the narratives behind bitcoin and gold to see why they matter and how they fit into a broader portfolio. Let us take a look at these two different asset classes. Bitcoin We’ve seen the bitcoin price rapidly rise from the first half of this decade to the latter half. Bitcoin hit an all-time high before descending like Icarus in 2018. The leading digital asset would fall to a low of…

MondayOct 07, 2019 11:58 am

Libra Backers Less Optimistic

The signing of the Libra Association Charter is fast approaching the October 14th deadline but there is trouble in Libra as many of its global payment partners are casting doubt and pulling support from the Libra project. To date, Libra’s top four global payment partners PayPal, Visa, MasterCard, and Stripe, are having doubts about its success, with top executives of these firms declining Facebook’s request of support. This does not bode well for the global payment system that Libra has been developing. Though there is a non-binding contract for the formation of the Libra Association, payment partners were supposed to…

FridayOct 04, 2019 11:45 am

Can Agatha Bacelar Make Crypto in the U.S. Great Again?

Agatha Bacelar is a Stanford Engineer and she’s running against senior democrat, Nancy Pelosi, in California’s 12th Congressional District. What differentiates Bacelar from her competitors is that she is accepting campaign donations in Bitcoin and other cryptocurrencies. She hasn’t listed cryptocurrencies among the issues on which she is running, but she really pushes her crypto-credentials on her donations page. Presumably, this is so as not to put-off any crypto-skeptic potential supporters. However, the page for cryptocurrency donations is emblazoned with the message to ‘Put A Crypto Tech Advocate In Congress’. Whilst San Francisco was once the headquarters of the crypto-industry,…

ThursdayOct 03, 2019 11:15 am

Do Central Banks Need Digital Currency

Here’s a question for you. Do central banks really need digital currency in the form of stablecoin, cryptocurrency or digital assets? Amidst rising tension from the U.S.-China trade war, Beijing started working on its centralized digital currency – Digital RMB. French Prime Minister La Maire suggested that the European Union should also launch its own digital currency and while the debate on centralized digital currencies continues, allowing them to do so could have a profound impact on a nation’s economic and financial landscape may not be the best choice. Are they motivated by the technology or riding a trending wave?…

WednesdayOct 02, 2019 11:54 am

What Cryptopreneurs Can Learn From Amazon Care

Amazon looks at what matters to the customer and its employees, it then spends a great deal of time in how it approaches and solves the problem, adding convenience and efficiency to the life of the end user. What’s Amazon’s latest venture? Amazon Care, a virtual medical clinic for employees. Why is this important? Healthcare is a pressing problem. Costs are out of control. Insurance is complex. Life is short. The “everything store” is focusing on another massive problem and seeking to improve it. What can crypto entrepreneurs hope to gain from learning about this latest venture? They should be…

TuesdayOct 01, 2019 11:45 am

Is Libra Really A Cryptocurrency?

When Libra was announced by the Facebook team, with its ambition to disrupt the finance world, blockchain experts poured over the technical details of the Libra protocol testnet and government entities began to hold hearings about safety concerns. Crypto experts have not been very impressed with Libra’s claims of being a stablecoin; people like Bitcoin developer, Tamas Blummer, having assessed the Libra protocol had concluded that Facebook is abusing its position to muscle into the blockchain world. Blummer said, “Trying to buy leadership in a cutting edge technology is very expensive and likely futile. I am pretty certain that this…

MondaySep 30, 2019 10:53 am

Google’s Ban On Crypto Ads – A Look Back On It’s Effects In Marketing

In June 2018, Google updated its Financial Services policy which implemented a blanket ban on all crypto-related advertising which was soon followed by a partial reversal in September 2018. Google opened doors to regulated crypto exchanges in the U.S. and Japan starting October 2018. While the ban continues to be in place, businesses outside of the U.S. and Japan are unable to run crypto ads. The advertising world waited for Google to review their decision, however, cryptocurrencies showed no signs of stopping and Google didn’t change the decision. While online advertising is one of the most popular and profitable avenues…

FridaySep 27, 2019 11:50 am

How To Buy Bitcoin with the Cash App?

Square’s Cash App has slowly become one of the most popular ways for U.S. citizens to transfer value and send payments to each other. But that’s not all Cash App wants to do. It also wants to become the primary wallet solution for its customers to use the app to purchase and sell digital assets. That is the reason why the company, which comes under the umbrella of Square Inc., is slowly making its way into the cryptocurrency sector. Since August 2018, it’s been allowing its users to use Cash App to buy bitcoin in all 50 states. And it…