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Showing posts from August, 2020

##Coinbase CEO: Bitcoin Is More Trustworthy Than US Dollar, Altcoins Are Here to Stay

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Free Crypto Signals Mobile App -  Visit - https://play.google.com/store/apps/details?id=com.freecryptosignals.app                   Visit - https://cryptobotauto.com For more latest news update on Cryptocurrency, Free Bitcoin Binance auto trading BOT, crypto signals mobile app & Crypto signals on Telegram join above given website  Coinbase CEO Brian Armstrong says he believes Bitcoin (BTC), the largest cryptocurrency by market cap, is now more trustworthy than the US dollar. In a new interview on the Invest Like the Best podcast, Armstrong says the concerns about the future of the world’s reserve currency are mounting, especially in light of increasing economic stimulus and quantitative easing amid the Covid-induced financial crisis. “The short-term effect of that has been deflationary… But if they keep stimulating and printing that much money, the long-term effect could be that there is actually more and more inflation… There’s a lot of people out there who are starting to get thi

##Don’t be fooled – Bitcoin is stronger than gold

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  Free Crypto Signals Mobile App -  Visit - https://play.google.com/store/apps/details?id=com.freecryptosignals.app                                  Visit - https://cryptobotauto.com For more latest news update on Cryptocurrency, Free Bitcoin Binance auto trading BOT, crypto signals mobile app & Crypto signals on Telegram join above given Telegram channel For a brief few days, however, both digital gold and real gold saw eye-to-eye. According to data from Skew markets, beginning on 21 July, as the price of Bitcoin began to surge from $9,200, the correlation between Bitcoin and gold began to skyrocket. By 10 August, the realized 1-month correlation between the two macroeconomic assets had reached an all-time high of 68.9 percent, before the commodity lost its sparkle. It should be noted that during this period of rising correlation, Bitcoin endured a massive drop as a consequence of a ‘bull trap’ on 2 August. Within the same hour, as the cryptocurrency’s price pushed above $12,000 f

##Bitcoin-friendly trading app Robinhood now worth $11.2 Billion

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  Free Crypto Signals Mobile App -  Visit - https://play.google.com/store/apps/details?id=com.freecryptosignals.app                   Visit - https://t.me/cryptosignalalert For more latest news update on Cryptocurrency, Free Bitcoin Binance auto trading BOT, crypto signals mobile app & Crypto signals on Telegram join above given website  The valuation for the trading app shot up by another $2.6 billion in a month as new users flock to the service. In brief Robinhood has announced a new $11.2 billion valuation via $200 million in new funding. Just one month ago, Robinhood was valued at $8.6 billion. The US-based company recently canceled plans to expand into the UK. Crypto-friendly trading app Robinhood has pulled in record numbers of new users during the pandemic and quarantine, and it’s no surprise to hear that the company itself is also raking in vast amounts of investment along the way. Today, Robinhood announced that it has raised another $200 million in a new Series G funding