CryptoNewsBreaks Archive - Page 91 of 145

MondayNov 16, 2020 3:05 pm

CryptoNewsBreaks – Tantalizing Prospect of Amazon.com Inc.’s (NASDAQ: AMZN) Acceptance of Bitcoin Featured in Decrypt Article

Amazon (NASDAQ: AMZN) was featured in a recent Decrypt article titled, “What Would It Take for Amazon to Accept Bitcoin?” The piece discusses Amazon’s history of shunning bitcoin and other cryptocurrencies as payment methods, to date, and the tantalizing prospect of the world’s biggest e-commerce company making a change to accept bitcoin. The article delves into the many barriers Amazon would first have to hurdle, which include the need to build processes and procedures to accept, hold and manage bitcoin and other cryptocurrencies, assumption of the inherent market volatility risks and bitcoin’s current inability to scale. But for Danny Scott,…

MondayNov 16, 2020 1:58 pm

CryptoNewsBreaks – Bitcoin’s ‘Moon Target’ Featured in CoinDesk Article

Bitcoin was featured in a CoinDesk article titled, “Citibank Analyst Says Bitcoin Could Pass $300K by December 2021.” The piece discusses a report penned by a senior analyst at U.S.-based financial giant Citybank that draws on similarities between bitcoin and the 1970s gold market. The article reads, “The whole of bitcoin’s existence has been characterized by major price swings, ‘exactly the kind of thing that sustains a long-term trend,’ said Thomas Fitzpatrick, global head of the company’s CitiFXTechnicals market insight product, in his report solely intended for the bank’s institutional clients. The report was first leaked to the cryptocurrency community…

FridayNov 13, 2020 9:10 am

CryptoNewsBreaks – Bitcoin Rally Featured in Fortune Article

Bitcoin’s rally was featured in a recent Fortune magazine article titled, “Bitcoin bulls eyeing a $20,000 price target.” The piece discusses the cryptocurrency at its highest level since January 2018, speculating whether bitcoin’s rise is due to uncertainty from the U.S. election, the future of the pandemic or simply more investor interest. The article reads, “The digital currency has been benefiting from high-profile investments from the likes of Square Inc. and Paul Tudor Jones. JPMorgan Chase & Co.’s JPM Coin was reportedly used to make a payment for the first time. Proponents argue bitcoin can be a diversifier in times…

TuesdayNov 03, 2020 1:28 pm

CryptoNewsBreaks – WAX Announces Launch of Atari Digital Collectibles on Blockchain

Worldwide Asset eXchange(TM) (“WAX”) has partnered with video game pioneer and leader Atari(R) to offer Atari digital collectibles (“NFTs”) to the WAX blockchain. Through this partnership, collectors anywhere in the world can guy, gift and trade Atari digital NFTs, or crypto tokens used in the gaming industry, art, collectible transactions, and other areas. Each Atari NFT is unique, authentic and certified. The collectibles are based on the original box art from almost 40 years ago. In addition, motion, game graphics and 3D elements have been added to create a one-of-a-kind offering that hearkens back to the classic era of video games.…

ThursdayOct 29, 2020 9:26 am

CryptoNewsBreaks – Coinbase Unveils New Way to Use Crypto

Coinbase, a trusted source to buy, sell, store, use and earn cryptocurrency, will soon launch a new way to spend crypto and earn rewards*. The soon-to-be-launched Coinbase Card is a Visa(R) debit card, issued by MetaBank(R), that allows consumers to spend any asset in their Coinbase portfolio and earn rewards for each purchase. Features of the card include: Ability to spend crypto anywhere Visa debit cards are accepted**; rewards up to 4% back with each purchase; no annual or sign-up fees***; and Coinbase phone and email support. A Coinbase Card waitlist is currently available in all U.S. states except Hawaii.…

WednesdayOct 28, 2020 11:10 am

CryptoNewsBreaks – ISW Holdings Inc. (ISWH) Announces Breakout Revenues, Aggressive Moves to Remove Dilution Risk, Plans to Uplist

ISW Holdings (OTC: ISWH), a global brand management holdings company, today announced a preliminary qualitative performance update for the three months ended Sept. 30, 2020. In addition, ISWH provided an update on its recent moves to significantly reduce debt and authorized shares, as well as its plans to uplist to the OTCQB exchange tier. While precise data is not yet available in a form that may be publicly announced, ISW Holdings disclosed another breakout quarter, with new record high revenues for the three months ended Sept. 30, 2020. “Our Home Healthcare and Telehealth segment continues to expand significantly, and we…

WednesdayOct 21, 2020 2:31 pm

CryptoNewsBreaks – PayPal Holdings Inc. (PYPL) Launches New Cryptocurrency Service

PayPal Holdings Inc. (NASDAQ: PYPL) was featured in an article by PR Newswire that discussed its launch of a new service to enable cryptocurrency as a funding source for digital commerce across its base of 26 million merchants. The new service allows customers to buy, hold and sell cryptocurrency directly from their PayPal account. “The shift to digital forms of currencies is inevitable, bringing with it clear advantages in terms of financial inclusion and access; efficiency, speed and resilience of the payments system; and the ability for governments to disburse funds to citizens quickly,” PayPal president and CEO Dan Schulman…

WednesdayOct 21, 2020 1:51 pm

CryptoNewsBreaks – Innovative Payment Solutions Inc. (OTCQB: IPSI) Upgrades Self-Service Kiosk Software

Innovative Payment Solutions (OTCQB: IPSI), a U.S.-based fintech company focused on building a 21st-century digital payment technology service business, has announced a software upgrade for its self-service kiosks. IPSI currently has some 50 kiosks planned for installation at retail locations in Southern California, with additional kiosks in other states also planned. The company is developing an exclusive software and blockchain technology that allows customers to navigate through numerous financial services options with providers, including bill payment, account review and customer service, remittance of funds, e-commerce and gaming. The company is also working on producing a secure digital wallet while creating a proprietary…

TuesdayOct 20, 2020 11:26 am

CryptoNewsBreaks – Bitcoin’s Potential 90x Return Featured in MarketWatch Article

Bitcoin’s impressive rally was featured in a recent MarketWatch article by Shawn Langlois, titled, “A 90x return in five years? Former Goldman hedge-fund manager says an ‘enormous wall of money’ is coming.” The article reports that the cryptocurrency has been “on fire” in 2020, rallying nearly 60% year-to-date to completely dwarf the 7% return on the S&P 500. According to former Goldman Sachs GS, 1.73% hedge-fund manager Raoul Pal, the world’s biggest cryptocurrency is just getting warmed up. The piece quotes Pal, who currently serves as CEO of Global Macro Investor, stating, “Just from what I know from all of…

ThursdayOct 15, 2020 12:00 pm

CryptoNewsBreaks – Innovative Payment Solutions Inc. (IPSI) to Launch Its Own Stable Coin

Innovative Payment Solutions (OTCQB: IPSI), a U.S.-based company focused on building a 21st-century digital-payment technology service business, on Wednesday announced plans to expand development of its proprietary fintech platform. The platform leverages Innovative’s extensive experience from the five years of its operations in Mexico, amassing over 2 million local customers. Per the update, Innovative has retained Horizons Law and Consulting Group to advise Innovative on the creation of its own stable coin (“IPSI Coin”) by providing the necessary legal and regulatory support to navigate evolving regulatory and legislative compliance requirements. “The fintech industry is undergoing a massive shift with the…