🗞 Daily Crypto News, November 24th 💰

in #bitcoin7 years ago

  • US Defense Bill Could Give Big Boost to Blockchain
  • Paradise Papers Reveal Bitfinex’s Devasini and Potter Established Tether Already Back in 2014
  • Singapore Hosts The Biggest Fintech Meetup Ever
  • Russian Billionaires Invest in Cryptocurrencies
  • What Is the Tulip Mania ICO All About?
  • STEEM Trading Update by @cryptopassion

🗞 US Defense Bill Could Give Big Boost to Blockchain

An obscure provision tucked into a defense spending bill could serve as a springboard for blockchain adoption across U.S. government agencies.

Part of a larger bill called the National Defense Authorization Act (NDAA), the Modernizing Government Technology Act (MGT) will allow the public sector to redirect cost savings (which normally must be returned to the Treasury Department) into internal working capital funds that can be used to upgrade their IT systems.

Read more & Source: https://www.coindesk.com/us-defense-bill-give-big-boost-blockchain/

🗞 Paradise Papers Reveal Bitfinex’s Devasini and Potter Established Tether Already Back in 2014

Bitfinex’s Giancarlo Devasini and Philip Potter has been named in the Paradise Papers – an enormous data leak identifying over 120,000 companies and individuals who have employed the services of offshore service providers operating in ‘tax havens’. The leaked documents contain evidence that Giancarlo Devasini and Philip Potter established Tether in the British Virgin Islands already back in 2014.

Read more & Source: https://news.bitcoin.com/paradise-papers-reveal-bitfinexs-devasini-and-potter-established-tether-already-back-in-2014/

🗞 Singapore Hosts The Biggest Fintech Meetup Ever

Singapore - home to some 400 fintech startups and 100+ financial institutions–is more ambitious than ever to take the global fintech hub crown. The government-led, corporation sponsored Fintech Festival is into its second year, this time bigger and better than last.

Read more & Source: https://cointelegraph.com/news/singapore-hosts-the-biggest-fintech-meetup-ever

🗞 Russian Billionaires Invest in Cryptocurrencies

Meanwhile, another Russian billionaire Roman Trotsenko is planning to launch a platform for exchanging digital currencies and organizing initial coin offerings (ICO). Based on a report by local newspaper The Bell, Trotsenko claimed that he wants to meet the demand by investors who want to invest in the virtual currencies.

“We had an interest in investing only in Bitcoin and we’re developing the infrastructure; we’re not going to move passengers, but rather service them on the ground.”

Read more & Source : https://cointelegraph.com/news/russian-billionaires-invest-in-cryptocurrencies

🗞 What Is the Tulip Mania ICO All About?

One term we hear all too often in the cryptocurrency world these days is “tulip mania”. Financial experts from all over the world have claimed Bitcoin to be a bubble far bigger than the tulip mania many centuries ago. In a way, it is not surprising someone would capitalize on this trend by creating an actual Tulip Mania ICO. This new ERC20 token purportedly provides a high ROI and “will go to the moon” pretty quickly.

Read more & Source : https://themerkle.com/what-is-the-tulip-mania-ico-all-about/

BTC Trading Update by @cryptopassion

We had a triangle pattern on the STEEM and the Break Out has been an UP :

The next objective is now to go test again the resistance line (upper line) of the triangle.
This objective will be validated when we will break the MMA50 (pink line).

🗞 Daily Crypto News, November 23rd💰
🗞 Daily Crypto News, November 21st💰
🗞 Daily Crypto News, November 20th💰
🗞 Daily Crypto News, November 19th💰

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I will check Tulip Mania now. :)

Our country also needs to invest in cryptocurrency, because in future it will be a major part of economy

Wow this is great

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Wonder if more fintech companies will start moving to using crypto. I heard there's a lot of big banks and nations like Indonesia and China that are trying to block it as a method of payment.

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