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Democrats from the House of Representatives have introduced legislation that would pay eligible Americans $2,000 a month until U.S. unemployment numbers return to pre-covid-19 levels. Under the proposal, any American citizen 16-years or older making less than $130K per year would receive monthly funding from the federal government. Also read: Minting Basic Income – US … Read more
Bitcoin.com’s Exchange continues to grow and during the last few months, the platform has added support for a number of well known tokens. This week, the trading platform has added support for the Reserve stablecoin (RSV) and the project’s utility token (RSR). Bitcoin.com Exchange users will be able to trade RSV and RSR with trading … Read more
The founder of the Silk Road marketplace, Ross Ulbricht, has published another analysis that attempts to predict the price of bitcoin. Ulbricht started sharing his price examinations last December and he leveraged the patterns of Elliott Wave theory to bolster his forecast. Also read: Bitcoin Revolution: Wanna Earn $1,000 a Day? Government Warns About This … Read more
Since the market carnage on March 12 otherwise known as Black Thursday, the exchange Bitmex has seen 36% of the trading platform’s bitcoin reserves withdrawn. A few other well-known crypto exchanges have seen cold wallets drained, while other trading platforms have witnessed reserve increases. Also read: Spain’s Lawmakers Plan to Provide Basic Income to Low-Income … Read more
Spain is preparing to provide universal basic income (UBI) to low-income individuals due to the wrath of the coronavirus, the country’s minister for economic affairs Nadia Calviño recently explained. There’s no set date yet for the UBI program, but Spain’s officials said they plan to “do it as soon as possible, so it can be … Read more
Seven days ago, a crypto software developer announced a new web service called Signup.cash, which provides individuals and organizations with the ability to create web-based applications for Bitcoin Cash (BCH). The engineer and team members who developed the new platform for BCH stressed that the project is a universal, noncustodial authorization platform. Also read: The … Read more
During the first week of March, news.Bitcoin.com reported on a $65 million investment into the ‘behind-the-meter’ bitcoin mining operation, Greenidge Generation LLC in Dresden, New York. The Greenidge plant operates 7,000 bitcoin miners and on April 8, the firm revealed the sale of 106 petahash of hashpower to an undisclosed buyer. The purchase is considered … Read more
For well over a month now, a great number of countries have been living under lockdowns and stay-at-home orders due to the coronavirus outbreak. Meanwhile, central banks like the Fed, Bank of England (BoE), and European Central Bank (ECB) have funneled trillions into the hands of private financial incumbents. Despite the market carnage on March … Read more
France’s stock market regulator, the AMF, has published an official response to a crypto consultation of the European Commission Go to Source Powered by WPeMatico
On April 8, the Bitcoin Association Switzerland (BAS) announced the launch of a new wrapped bitcoin project called Tzbtc. The token will be used on the Tezos network and each token will be backed 1:1 with BTC. The project is now the fourth tokenized project that leverages BTC on another blockchain. Also read: The Bitcoin … Read more
