Month: December 2020

Bank of America Investor Survey Highlights the Most Crowded Trades: ‘Long Tech, Short USD, Long Bitcoin’

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The highly anticipated Bank of America fund manager survey has been published, and this December fund managers who participated in the survey are sweeping up risk assets. The asset managers have dropped cash for the first time in close to seven years, as levels are down 4%. Moreover, strategists at Bank of America Corp. now … Read more

Free TON Community’s Meritocratic Token Distribution Model to Revolutionize Tokenomics

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Free TON is a community driven PoS network with a focus on decentralized governance. It is based on the open-source TON project which was previously developed by Telegram. Free TON never had an ICO and will never have a token sale. Instead the project implements a distribution model that will revolutionize tokenomics. This also makes … Read more

P2P Bitcoin Trading: Venezuela, Colombia Account for Over 23% of Total Localbitcoins Volume

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A study revealed a rising trend in bitcoin (btc) volume trading across Latin America amid the coronavirus pandemic and rising inflation, pushing the figures to record highs and putting Venezuela and Colombia at the top of the ranking. Latin America Sees a Bullish Trend in Bitcoin P2P Trading Volume According to Localbitcoins, a peer-to-peer (P2P) … Read more

Acclaimed NFT Artist’s Blockchain-Backed Digital Art Auction Raises $3.5 Million

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Blockchain-backed digital art is continuing to make waves and this week an artist who calls himself ‘Beeple’ raised $3.5 million during his latest non-fungible token (NFT) art collection auction. The “Everydays” collection auction included 21 original single edition Beeple pieces, a 100 piece series, and three open edition variations sold in five-minutes. During the first … Read more

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