By CCN: Who says millennials don’t like to save and invest their money? By building a commission-free stock brokerage and trading app with a slick interface, Robinhood has built a $7 billion business in just six years. That’s the company’s valuation as it nears a $200 million funding round from its current financial backers, Bloomberg reports. The investment round is still unfolding and once complete could reportedly result in Robinhood fetching a valuation as high as $10 billion.
1 23 minutes ago
EP 0015 - Stablecoin
What is stablecoin? Depending on who you ask you may get a different answer. That is because this is a still developing area with many failures and successes. .
A @forbes article defines “stablecoin” as a cryptocurrency that is pegged to another asset like gold or the U.S. dollar. .
It can be pegged to another asset or commodity but typically is backed by the said asset. Because the assets that the “stablecoin” is backed by usually has low volatility, this makes the stablecoin less susceptible to large swings in market volatility (at least that’s the goal). .
There have been stablecoins that have failed. Other more well known stablecoin such as Tether have been in the top 10 market caps based on coinmarketcap.com. However, users still have to trust coins like Tether and the company that backs them as they may be centrally controlled. Tether has had its own setbacks. Link to Tether article from CoinDesk: . .
With recent allegations regarding the trustworthiness of certain stablecoins the idea is great in theory but there is still a lot of trust to be earned. .
Many companies are taking steps forward to produce their own stablecoin such as JP Morgan with its own JPM coin. .
👉swipe on the @coindesk story to read about @Facebook (s) progress on its own future Stablecoin. .
As the stablecoin idea progresses we will need to pay attention to the regulatory and tax implications in the space. .
👉💎 Follow @bitcointaxcpa .
Coinbase Earn Now Available to the Public in Over 100 Countries
Major crypto platform #Coinbase has opened its Coinbase Earn program to the public in over 100 countries, according to a press release on May 17.
As Bitcoin Info reported, Coinbase first announced the program at the end of 2018 as an invite-only initiative. This pilot period let users earn #cryptocurrency by learning about the ERC-20 token “0x” (ZRX). Coinbase stated that according to a survey they conducted, uninformed users were reluctant to invest in #crypto but were eager to learn: “...one of the biggest barriers preventing people from exploring a new digital asset was a lack of knowledge about that asset. Many of the people we surveyed expressed a strong desire to begin learning about new and different crypto assets beyond #Bitcoin , but didn’t know where to begin.” As the title implies, Coinbase Earn users can also earn crypto. In return for taking quizzes about Stellar Lumens (XLM), #Zcash (ZEC) and Basic Attention Token (BAT), users can earn those respective coins.
Earlier this week, Coinbase added trading support for 50 new jurisdictions, as well as USD Coin ( #USDC ) trading options in 85 new countries. In its press release announcing the expansion, Coinbase commented on its hopes for USDC to provide economic stability in these newly covered countries: “For new customers in countries like Argentina and Uzbekistan, where consumer prices are expected to inflate by 10–20% in 2020, stablecoins like USDC could provide an opportunity to protect against inflation.” #bitcoininfo
Возможность оплаты криптовалютой появилась благодаря сотрудничеству AT&T с процессинговым сервисом BitPay. Теперь любой желающий может оплатить услуги оператора при помощи биткоина и других цифровых валют.
Вице-президент AT&T Кевин МакДорман заявил, что его компания приняла подобное решение в ответ на растущий спрос со стороны клиентов, которые пользуются криптовалютой.
Стоит отметить, что пользователи смогут оплачивать криптовалютой только услуги связи. Это далеко не весь спектр товаров и услуг AT&T, но именно связь является основным направлением компании. #crypto#криптовалюта#новостикриптовалют#regulway#reguldeal#валюта#биткоин#блокчейн#blockchain#операторat &t #at &t
Stack ur #satoshi baby!! Pay the #Future you!! It’s almost foolish to be sitting on the sideline watching the #Evolution of our new currency & not taking part of it!! Real talk !! Just take a look around you 👀 got United States trying to band #bitcoin 😂😅 scare tactic or lack of education🤦🏻♂️not to buy any #cryptocurrency but then next day brick & mortar company confirming payments may be made with #crypto whole foods AT&T GameStop Starbucks Barnes & Noble ... fidelity mining crypto list goes on & on... we got every brokerage allowing digital assets #Btc on platform; got your economic magazine of 1988 stating “get ready for a new #WORLD currency” with a phoenix with all fiat currency burning with a coin on his neck that looks like a bitcoin with year of(10/2018) just a coincidence though right ... bitcoin a scam right I know I know why would you buy it? it went down so much 🤦🏻♂️ The same reason that we work for Fiat currency that has been devaluating since it’s creation the same reason we go to work for Fiat currency to have less purchasing power 🤔? True statement go ask your grandparents how much they paid for popcorn then go ask your parents how much they paid for popcorn go to a movie today tell me how much you pay for popcorn 🍿 Same reason our fiat currency help bail out the system the last few times; same reason why 92% of humanity don’t even understand where fiat currency derives from or is the little thing we label as #money ; Who created it ? The mathematics behind it literally blind to the fact 😎wouldn’t we think we would do our own due diligence since we give our time our blood our sweat our tears our thoughts for this #Fiat_Currency and we don’t even understand it .. or seem to care to understand..but that makes plenty of sense... but that it’s not a scam... we just playing are self my Lil pumpkins 🎃🙃🏦 stack satoshi it worth the risk; let me remind you how risky life is so risky we ain’t gonna make it alive G 🚀👣🕴🏻🤷🏻♂️ let’s go!! love laugh & BTC!!
0 49 minutes ago
"(UWTC) Listed on Bitribe.com Exchange”
✅Complete ERC20 Token Support
✅Build-in Decentralized Exchange
#PhilipHan - мощнейший лидер с кристально чистой репутацией. Именно он дал людям БОЛЬШЕ чем возможность, он подарил нам топовый и реальный бизнес!
Мало кто знает что перед тем как Филип вышел на #FX , он посетил 40 стран и изучил 97 компаний. Он отыскал бриллиант на рынке финансовых компаний и взялся за развитие #fxtrading во всём мире!
Тогда Филип уже был успешным предпринимателем, долларовым миллионером, человеком с критическим уровнем мышления и млм ТОП Лидером в #Jeunesse . Поэтому он легко и быстро достиг вершину карьерной лестницы FX и теперь увлечён стратегическим развитием #fxtradingcorporation .
😎 Безусловно, каждый должен думать своей головой при выборе инвестиционных активов, но тот факт, что человек такого порядка является нашим предводителем, - это говорит многое о бизнесе FX.
The Weekly review for this week is now available!
If you are apart of ReversalMaster, make sure to watch it before the opening of the market tonight. We have many good setups that are already ready to go as soon as the week starts.
I am personally looking to scale in with some of the positions that I already have and also consider taking those new setups. I will wait and see how it plays out tonight and on Monday before making any decisions.
Wishing everyone a profitable week! 🦇🔥
Every seconds counts . Rome wasn’t build in the day.
We all know that. Everyone hears that but Rome also didn’t fall apart over Night either success and failure are genuinely slow processes either slowly building things up or gradually tearing them down and that’s why why I say You gott attention.
You’ve have to watch , You have to watch every single second. Every second counts so make every second count.