🗞 Daily Crypto News, January 6th 💰

• What Is Bitcoin Private?;
• Report Reveals 18% of Investors Buy Bitcoin With Borrowed Money
• Zuckerburg to Study Cryptocurrency in Quest to Decentralize Facebook
• Bitcoin Miners Could Face Power Restrictions in China
• Visa Suspends WaveCrest Status, Stopping Some Crypto Credit Cards
• BTC Trading Update

🗞 What Is Bitcoin Private?

The number of existing and upcoming Bitcoin hard forks continues to grow at an alarming rate. In fact, it seems the next fork is always just around the corner. Bitcoin Private, for example, is one of those upcoming forks, but these tokens will not be issued to BTC holders. That in itself is a rather remarkable decision. Whether or not anyone will care about this fork remains to be determined, though.

Read more & Source: https://themerkle.com/what-is-bitcoin-private/

🗞 Report Reveals 18% of Investors Buy Bitcoin With Borrowed Money

Just recently the consumer group Lendedu released a report on bitcoin investors who use credit to purchase digital currencies. According to the survey, out of 672 active bitcoin investors polled, 18.15 percent of the participants used a credit card to fund bitcoin purchases.

Read more & Source: https://news.bitcoin.com/report-reveals-18-of-investors-buy-bitcoin-with-borrowed-money/

🗞 Overstock Gets $100 Million from Soros Fund for Blockchain and More

Overstock.com just got a hefty chunk of change from one of the biggest names in finance, and CEO Patrick Byrne says much of it will fund the company's blockchain work.

"By having the retail business involved, what we can really create is the wormhole between the two universes, the universe of conventional and the universe of crypto."

Read more & Source: https://www.coindesk.com/blockchain-bonanza-overstock-gets-100-million-investment-soros-fund/

🗞 Bitcoin Miners Could Face Power Restrictions in China

China has long been a bastion of cryptocurrency mining supremacy due to a surplus of power in the country.

Some of the world’s largest mining groups, including the likes of Bitmain’s Antpool, BTCC, BW mining and BTC.com, operate large mining operations in the country.e it's one of the biggest barriers to improving the patient-physician relationship."

Read more & Source: https://cointelegraph.com/news/bitcoin-miners-could-face-power-restrictions-in-china

🗞 Visa Suspends WaveCrest Status, Stopping Some Crypto Credit Cards

"We can confirm that WaveCrest’s Visa membership is being terminated due to continued non-compliance with our operating rules. All of WaveCrest’s Visa card programmes will be closed as a result.

Visa has other approved card programmes that use fiat funds converted from cryptocurrency in a number of jurisdictions. The termination of WaveCrest’s Visa membership does not affect these other products.”

Read more & Source: https://cointelegraph.com/news/visa-suspends-wavecrest-status-stopping-some-crypto-credit-cards

BTC Trading Update by @cryptopassion

Two days ago, I was showing you this prediction :

Here is the current chart :

As you can see, we followed closely my prediction and we are now testing the resistance line of the trading canal.

Let's see if we are able to break it and go back inside the trading canal. The current trend could help us to go back inside but don't forget always the possibility that this resistance line sends us below again via a new drop...

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