Crypto Corner Episode 450: NetCents (CSE: NC) Exceeds $5 Million in August Transactions, Bitfarms (TSXV: BITF) Completes Installation of 1,000 New Miners, Coinbase CEO Tweets Criticism of Apple (NasdaqGS: $AAPL)

Crypto Corner Episode 450: NetCents (CSE: NC) Exceeds $5 Million in August Transactions, Bitfarms (TSXV: BITF) Completes Installation of 1,000 New Miners, Coinbase CEO Tweets Criticism of Apple (NasdaqGS: $AAPL)

Point Roberts, WA and Delta, BC – September 14, 2020 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market. Listen to today’s Crypto Corner Podcast: https://www.investorideas.com/Audio/Podcasts/2020/091420-CryptoMarket.mp3
Crypto Corner Episode 450: NetCents (CSE: … Ethereum is the second-largest cryptocurrency after Bitcoin, but this is not the most interesting thing about the coin. ETH is the currency for all 15th September 2020, New York, United States: INX will start accepting bitcoin (BTC), ether (ETH), and USDC stablecoin, starting today. INX said over 3,000 retail and accredited investors registered for the INX token offering during its first three days. Now that the minimum requirement INX has set to raise the first $7.5 million of its … The Australian Dollar surged back above the 0.73 level as Chinese industrial production and retail sales data exceeded expectations.

Point Roberts, WA and Delta, BC – September 14, 2020 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

Listen to today’s Crypto Corner Podcast:

Get the Crypto Corner Podcast on iTunes

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Bitcoin (BTC) appears to be on the move, having just this morning hit a trading price of around $10,650, the highest achieved since September 3, according to data from CoinMarketCap.

Crypto payments firm NetCents Technology Inc. (CSE:NC) has announced that it exceeded $5 million dollars in transactions through its NetCents platform in August, making for a 25 percent increase over July. The company’s founder and CEO, Clayton Moore, said:

“We believe that this record growth is not only a validation of our sales and marketing strategy with a focus on B2B merchants, but is a strong indication that we are fast becoming the payment platform of choice for cryptocurrency. Our rapid growth coupled with our product advancements indicate that 2020 will be an exceptional year. I’m thrilled to continue building the future of cryptocurrency payments with our team.”

Bitfarms Ltd. (TSXV:BITF) has announced that the 1,000 new generation miners it reported leasing on August 20, are now installed and fully operational. These WhatsMiner 31S mining rigs are generating approximately 82 petahash per second of computing power, bringing the company’s overall mining efficiency to approximately 17.7 petahash per MW. According to the press release, Bitfarms now “plans to continue to upgrade as it secures additional equipment lease financing and will provide further operational updates as they occur.”

The CEO of US crypto exchange giant Coinbase, Brian Armstrong, was critical of Apple (NasdaqGS:AAPL) in a recent twitter thread, claiming that the latter’s app store is preventing certain functionalities. Armstrong tweeted:

Here is the issue. Apple has told us we cannot add the following functionality in our iOS apps: (1) the ability to earn money using cryptocurrency and (2) the ability to access decentralized finance apps (sometimes called DeFi apps or Dapps).

Why would Apple want to prevent people from earning money during a recession? They seem to not be ok with it, if it uses cryptocurrency. I’m not sure why. This is what our Coinbase Earn product does.

Elsewhere in the thread, Armstrong indicates that Coinbase has “tried discussing this through regular channels with Apple,” but that they “seem to be at a dead end.”

Sam Mowers, Investorideas

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

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Source: otcpm24.com

Author: News Bureau


These Are the Most Rewarding Ethereum Faucets in September 2020

These Are the Most Rewarding Ethereum Faucets in September 2020

Cryptocurrency faucets are a way for crypto enthusiasts to get free coins with little or no effort. There are many faucets out there that churn out cryptocurrencies at certain intervals, while others allow users to determine how often they do it. This is especially suitable for those who have recently entered the cryptocurrency space and want to try out the use of crypto without any risk.

Ethereum is the second-largest cryptocurrency after Bitcoin, but this is not the most interesting thing about the coin. ETH is the currency for all transactions on the Ethereum blockchain, making it a highly sought after coin, as it facilitates interaction with decentralized applications (dApps) on the blockchain. The recent boom in the Ethereum-based DeFi industry is also a reason why ETH is a center of interest; as a result, many are looking for it.

With faucets, however, you don’t have to buy coins, and you can get enough to start your journey in the space. It is worth mentioning that faucets don’t offer much at a time, but with enough time given, it could yield substantial rewards over time. In this article, we will look at the most rewarding Ethereum faucets that give out ETH with which you have a high chance of winning rewards.

Allcoins.pw is one of the top cryptocurrency faucets that give out free Ethereum. It offers coins with enough simplicity for a complete novice to use seamlessly. Customers can earn up to 4470 Gwei every 6 minutes. The Gwei is the smallest unit of ETH and is the 100th million of a full Ethereum.

To start earning, users only have to create a username and password. After this, they are required to complete a captcha challenge to prove they are humans. They can then start earning right away and continue claiming free ETH. Users can also easily swap their ETH for the several others listed cryptocurrencies through an in-built exchange feature available on the website. Once a user accumulates enough coins, he can withdraw to his personal wallet at any time.

Speedup Faucet is one of the Ethereum faucets worth trying. Ways of earning include solving captchas or playing online games after signing up. Users have 10 min between claims, and they can earn over 3400 Gwei in any single claim. This is one of the most rewarding ETH faucets out there, as the reward is higher than most other faucets give out. Also, users can earn more by referring friends and family.

If you are consistent and give it time, you may be shortlisted among the top ten users every week to get a fixed percentage of your total claims, giving you some extra free ETH. The faucet allows you to withdraw your ETH directly into your personal wallet without any hassle, and this is really cool, considering you have to deposit your earnings in a wallet within some faucets.

LuckyFish, is a faucet and online casino that allows users to play games and have fun while earning ETH in return. If you are the type that does not like referrals, this is the platform for you because you don’t have to refer anyone to earn more. Instead, you are granted unlimited time to play as you wish, which means you can also earn unlimited ETH. Moreover, you are entitled to weekly bonuses that will boost your earnings.

Faucet crypto is a multi-cryptocurrency faucet that rewards users with ETH. It is a simple faucet with a user-friendly interface that makes you feel at home when on the website. Users can either carry out simple tasks, view ads, or do shortlinks to earn. They are also given a 25% referral benefit for every user they refer to the website.

Faucet Crypto charges no withdrawal fees, and earnings can be withdrawn into a live wallet once the minimum of 0.00012 ETH is reached. The timer is set at 40 minutes, which is definitely on the high side, but with an 84% excellent rating, this faucet is worth trying.

These are the best cryptocurrency faucets where you can get some free ETH. With consistency and determination, you can eventually earn enough to interact with Ethereum dapps and possibly convert to fiat and spend it as real money. It will be very interesting, so go out there and get your first ETH or add them to the ones you have with fun and style.

News Source

Source: elevenews.com

Author: Published 19 hours ago


INX Becomes the First SEC-Registered IPO to Accept Crypto

INX Becomes the First SEC-Registered IPO to Accept Crypto

15th September 2020, New York, United States: INX will start accepting bitcoin (BTC), ether (ETH), and USDC stablecoin, starting today. INX said over 3,000 retail and accredited investors registered for the INX token offering during its first three days. Now that the minimum requirement INX has set to raise the first $7.5 million of its up to $117 million IPO in dollars and not crypto, has been met, investors will be able to purchase INX tokens with these coins, here: https://token.inx.co/

INX has set the offering price at $0.90 per token with a minimum investment of $1,000. The offering is available in 14 U.S. states: California, Colorado, Connecticut, Georgia, Hawaii, Illinois, Louisiana, Michigan, Minnesota, New York, Texas, Washington, Wisconsin, and Wyoming.

The company plans to use IPO proceeds to continue developing INX Trading Solutions, a regulated exchange for cryptocurrencies, security tokens, and derivatives. Founded in 2017, Gibraltar-based INX first revealed its IPO plans in 2018 and filed a draft prospectus with the SEC in August 2019. The company is headed by Alan Silbert, brother of Digital Currency Group’s founder Barry.

About INX Limited

INX aims to provide a regulated trading platform for digital securities and cryptocurrencies combining traditional markets expertise and a novel fintech approach. INX is led by an experienced team of business, finance, and blockchain technology experts unified by the vision of redefining the world of capital markets via blockchain technology and novel regulatory approach.

Media Contact Details

Contact Name: Alona Stein (For INX)

Contact Email: [email protected]

This press release is not a prospectus and does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction in which such offer or solicitation of sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. This press release is being issued pursuant to and in accordance with Rule 134 under the Securities Act of 1933. No securities regulatory authority has either approved or disapproved of the contents of this press release.

INX Limited is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin, BTC, california, colorado, Connecticut, crypto, Cryptocurrency, ETH, Georgia, Hawaii, Illinois, INX, INX Token, IPO, louisiana, Michigan, Minnesota, new york, SEC, Texas, Washington, Wisconsin, Wyoming

Source: otcpm24.com

Author: News Bureau


Australian Dollar Gains as China Data Hints at Wait-and-See RBA Policy

Australian Dollar Gains as China Data Hints at Wait-and-See RBA Policy

  • Better-than-expected Chinese retail sales and industrial production figures for August fueled the Australian Dollar’s surge back above the 0.73 level.
  • Escalating Australia-China trade tensions could hamper AUD in the near term.
  • RBA flagging additional monetary measures may cap AUD/USD rates.

The Australian Dollar stormed back above the psychologically imposing 0.73 level after Chinese retail sales and industrial production figures for August showed the local economy is continuing to rebound robustly from the doldrums of January.

Given Australia’s reliance on its largest trading partner, it comes as no surprise that the fifth straight month of increase in industrial output and the first increase in retail trade since December 2019 notably buoyed the trade-sensitive currency.

However, the deteriorating relationship between the two nations may dampen the overall impact of the positive economic data release on the AUD/USD exchange rate, as Beijing intensifies its attack on Australian exports.

AUD/USD price 5-minute chart overlayed with ASX 200 Index

AUD/USD and ASX 200 Index chart created using TradingView

Escalating tensions with China may hamper the trade-sensitive AUD as China’s General Administration of Customs imposes “enhanced inspection” measures on Australian wheat.

This follows on from the imposition of 80% tariffs on Australia’s barley exports in May, after Prime Minister Scott Morrison called for an independent investigation into the origins of Covid-19 and suspended the nation’s extradition treaty with Hong Kong in response to the national security law imposed by China.

Clearly Beijing is unhappy with the Australian Government’s interference in “China’s internal affairs” and may continue to target the export-driven economy in the run up to US elections.

Moreover, falling demand for Australia’s most valuable export could begin to hamper the performance of the commodity-sensitive AUD, as global demand for iron ore appears to have plateaued.

Exports of iron ore have notably levelled off since peaking in early June and may be a contributing factor to the AUD/USD exchange rate’s recent struggle to push above the 0.74 mark.

Therefore, the imposition of further retaliatory measures could significantly weigh on the Australian Dollar in the near-term as stabilizing iron ore prices fail to counterbalance the revenue lost to restrictions on agricultural products.

Australian Dollar Gains as China Data Hints at Wait-and-See RBA Policy

Data Source – Bloomberg

The extension of stage-four restrictions in Melbourne, Australia’s second largest city, may force the hand of the Reserve Bank of Australia at its upcoming meeting on October 6, with the central bank expected to clarify the statement that “the Board will maintain highly accommodative settings as long as is required and continues to consider how further monetary measures could support the recovery”.

This statement may imply that the RBA is looking to build on its decision “to increase the size of the Term Funding Facility and make the facility available for longer” at its last meeting, despite the central bank’s assessment that “the downturn is not as severe as earlier expected and a recovery is now under way in most of Australia”.

However, what those “further monetary measures” may look like is relatively unknown given the central bank already utilizes yield curve control (YCC) and has been openly dismissive of the effectiveness of a negative interest rate policy (NIRP) and foreign exchange intervention.

Australian Dollar Gains as China Data Hints at Wait-and-See RBA Policy

Source – ASX

That being said, Governor Philip Lowe had previously flagged a list of potential measures “using international experience as a guide” that would allow the board to reconfigure its monetary policy settings “if developments in Australia and overseas warrant doing so”.

Lowe stated that “the various interest rates currently at 25 basis points could have been set lower, at say 10 basis points [and] it would also have been possible to introduce a program of government bond purchases beyond that required to achieve the 3-year yield target”.

Clearly the market took heed of the Governor’s comments, with futures markets pricing in a 69% chance that the RBA cuts the official cash rate (OCR) to 0% on October 6.

Although a complete 25 basis point cut seems relatively unlikely, a package inclusive of a cut to 0.1% and an enhanced government bond purchasing program could be in the offing.

To that end, upcoming employment data for August may dictate the short-term outlook for the Australian Dollar, with a greater-than-expected rise in unemployment increasing the likelihood that the RBA will act in October and in turn hampering the performance of the local currency.

Australian Dollar Gains as China Data Hints at Wait-and-See RBA Policy

DailyFX Economic Calendar

— Written by Daniel Moss, Analyst for DailyFX

Follow me on Twitter @DanielGMoss

Source: www.dailyfx.com

Author: Daniel Moss


Crypto Corner Episode 450: NetCents (CSE: NC) Exceeds $5 Million in August Transactions, Bitfarms (TSXV: BITF) Completes Installation of 1,000 New Miners, Coinbase CEO Tweets Criticism of Apple (NasdaqGS: $AAPL)


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