Central Bank Of China Is Ready To Launch Cryptocurrency With The Help Of Few Institutions!

According to Forbes, China’s central bank is ready to launch a state-backed cryptocurrency and hand it out to several major institutions in the country.

Some of the Institutions are Commercial Bank of China, Alibaba and Tencent to help distribute the cryptocurrency into the country’s economy.

According to Forbes‘ sources, the plan is to launch the digital currency as soon as Singles Day on November 11, China’s busiest shopping day.

China’s central bank is hoping to eventually spread the currency to the West through participating banks — but it’s unclear if and when that will occur.

First Ever Sim Card With Crypto Facilities.

Cryptocurrency and telecommunications company Telx Technologies announced the launch of the first crypto SIM card wallet that enables transactions via SMS.

On Aug. 22, The company published a post explaining how this will work, the card allows its users to send cryptocurrencies via SMS with their dedicated crypto phone number. The thing to note here is, these transactions do not require a smartphone or an active Internet connection. On the other hand, the system also offers no control over a user’s crypto wallet.

Telx also mentioned this in its announcement: “At Telx our goal is to make transacting digital currency as easy and accessible as possible. This means creating solutions that technical and non technical people alike can adopt. We believe there is tremendous synergy between payments and messaging.”

According to the post, the crypto SIM card is available in over 180 countries, allows unlimited SMS messaging and supports Bitcoin (BTC), Litecoin (LTC), DASH, Zcash (ZEC) and Bitcoin Cash (BCH). To execute a crypto transaction via this service, its user can send an SMS to any phone number.

The company promises to prevent SIM swapping and phone number porting, to accept transactions originating only from the proper SIM card, to protect the wallet with a dedicated PIN number and to provide backup keys in case of a theft or loss.

Rival To Facebook’s Libra Is Ready!

Binance recently revealed it’s open blockchain project “Venus” focused on developing localized stablecoins worldwide.

In an announcement on Aug 19, Binance argues it is well-positioned to launch such a currency ecosystem in light of its existing public chain technology, Binance Chain, wide user base and already established global compliance measures.

Binance is looking out for partnerships with governments, corporations, technology firms, and other cryptocurrency and blockchain projects in order to develop a new currency ecosystem that will empower both developed and developing countries.

As per the report, Binance’s vision for the project, is to “build a new open alliance and sustainable community” that enlists partners who wield influence on a global scale.

With its choice of name, “Venus,” Binance is also stepping into the astrological waters of both Facebook’s Libra project and the Winklevoss Twins’ Gemini exchange and Gemini dollar.

Bitcoin Is Legal And Taxable In New Zealand!

While Donald Trump is busy bashing Bitcoin, New Zealand’s tax authorities have ruled that income in cryptocurrencies is legal and provided guidance on how exactly it should be taxed.

In a tax information bulletin published on July 4, the New Zealand Inland Revenue Department summarized the provisions of the public ruling, made under s 91D of the country’s Tax Administration Act 1994.

This doesn’t applies to self-employed taxpayers, it only applies to salary and wage earners, covering both remuneration for services and bonuses, commissions and gratuities.

“In the current environment where crypto-assets are not readily accepted as payment for goods and services, the Commissioner’s view is that crypto-assets that cannot be converted directly into fiat currency on an exchange are not sufficiently ‘money like’ to be considered salary or wages.”

As reported, tax authorities and lawmakers globally are increasingly turning their attention to cryptocurrencies. Last week, crypto industry sources claimed that the United Kingdom’s tax authority was allegedly requesting that digital currency exchanges provide it with information about customers’ names and transactions aiming to identify cases of tax evasion.

Bitcoin Miners Income Is Impressively Higher Than BSV & BCH!

Bitcoin miners earned up to four times the revenue accrued by their counterparts on the Bitcoin SV and Bitcoin Cash networks combined in one day!

Bitcoin miners earned $540,000 in transaction fees. This figure is more than four times the $130,000 earned by miners on the BSV and BCH chains combined over the past 12 months, According to August 2, 2019 tweet from “Shakepay.”

BCH miners see under $200 in transaction fees per day and Bitcoin regularly posts $500,000 in transaction fees alone on a daily basis. BSV miners were still running at a loss, five months after the chain split, Back in April 2019.

The top-ranked crypto is still some way off from the likes of Visa in terms of the daily transaction load. Thus, for BCH and BSV, the distance to the pinnacle of global payments appears even more insurmountable.

The top 10 Hot Crypto News Updated Daily for you to know the Market Situations.

1. TRON announces collaboration with Japanese government to maintain regulation standards.

2. Coinbase declares XRP most suited cryptocurrency to send money internationally.

3. China Adoption Blossoms as the Largest Shipping Conglomerate Is About to Implement Blockchain for Its Supply Chain.

4. Ripple (XRP) In a 4 Cents Range Since Dec, When Will Bulls Break Out?

5. Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 1.

6. Pakistani Government Set to Introduce Regulations for Cryptocurrencies.

7. The US SEC Is Hiring a ‘Crypto Specialist’ Legal Advisor.

8. Bitcoin Cash, Litecoin Futures Volumes Top $150 Million at Kraken Exchange.

9. Ripple XRP Price Prediction for April: Can It Rise by 26% To Hit the Target of $0.40?

10. With Litecoin Halving On the Horizon, Hash Rate Nears All-Time High.

Click here to join our Free Bitmex BOT & Crypto Signal Community

Click here to go back to our Bitmex-Bot Website

Wish you all the best, 
www.bitmex-bot.com

Why Bitcoin JUMPED!

It is Finally happening, Bitcoin debt the price of all seems to indicate flat lining vertically got it now the bull is a conspiratorial animal and things like this are never of a natural occurrence ever neither up nor down it’s always some tether manipulation of some sort today it is most definitely because of the bad Briggs.

The government once again failed to reach consensus, after it went through resistance bang. The three key resistance levels were smashed 42 44 45 and not just for Bitcoin but Etherium over a $150 again, XRP isn’t on much difference, 450 litecoin well over $60, Finance coin is 19 bucks and Tether is a penny over a dollar, about Cardno it is almost 8, these peaks almost confuse sellers where they should put their sell orders.

Shorter’s of Bitcoin that bet the wrong way $400 million dollars lost getting liquidated in the last six hours, taking a look at what happened within 30 minutes Bitcoin jumped almost 20% to hit resistance at differing price levels. Now it depends on what exchange you saw sometimes you would have seen Bitcoin heading over 5k but generally the Aggregate a price that Bitcoin hit resistance at was for 800 for 830 someone for 850.

Many of us would like to have seen the old resistance lines be the resistance again which would learn about $6,000 sadly that’s not been the case however the good news is that this is pointing to a very positive and recent trend which is Bitcoin posting higher highs and higher lows where will it go now? to be honest no one is quite sure.

The idea of buying crypto at a peak being the point of maximum financial risk has proven to be far less true than it has been in a very long time, you don’t want to buy in if it’s a silly jump in price but so far it’s been a great idea you think you’re buying the top but nope that’s not always the case.

Click here to join our Free Bitmex BOT & Crypto Signal Community

Click here to go back to our Bitmex-Bot Website

Wish you all the best, 
www.bitmex-bot.com

Cryptocurrency Market Update

Lyft IPO at $72 valuing the company at $24 billion dollars. the way the capital is forming is changing public and private markets. a lot of companies are staying private for longer and that STO space is going to hopefully break down these barriers to entry because often it’s the rich getting richer. it’s all these VCS that get to get in these deals early and by the time these companies hit the stock market they’re just ridiculous valuations particularly in the tech space.

Apple after selling iPhone’s and iPad’s move into another industry that’s highly profitable that is finance and banking now they’ve partnered with Goldman Sachs and MasterCard. This new card is going to track every purchase you make in GPS.

The International Monetary Fund and the BIS coming out an warning that emerging markets are going to be crushed in the next financial crisis just like consumers they’re under way too much debt a lot that’s denominated in U.S. dollars they’re not going to be able to pay that off and they come out and say that they the IMF don’t have sufficient lending capacity to respond so each crisis has kind of got bigger and further up the food chain and went to the point where all the central banks are going to be have to be bailed out in the next downturn.

funfair have launched the first license title so Alice Cooper school’s out for summer this is their first blockchain game first licensed they have got the goods assist now all about on boarding users and that funfair tokens going to have a lot of utility if this starts to take off.

Japan’s largest railway company considers new crypto payment system for transport cards and this was tweeted out by Kwan stamp that got people really excited and also which has directly nothing to do with Quan Stamp they do have a strong Japanese presence and obviously a lot of pool in the Japanese crypto community but either way good to see more adoption of these sort of payment systems and we’re seeing all sorts of varieties.

If you’re a Ripple holder, Indian Bank partners with ripple net to facilitate cross-border payments whether or not this is using the XRP token that remains to be seen and that’s still that number one thing. About Pro projects they’re going to come back into fashion this new because they’ve been so busy building and you can now use queue to them anywhere by using Apple pay and Samsung pay.

Click here to join our Free Bitmex BOT & Crypto Signal Community

Click here to go back to our Bitmex-Bot Website

Wish you all the best, 
www.bitmex-bot.com

BITCOIN and ALTCOIN BULLRUN IS HAPPENING?!

Bitcoin and Altcoins are popping up like the charts was to be seen in January 2018. Especially when you look at current charts it’s like an exact replica of how it had been back then in 2018.


There are a 10 to 15% swings a day, Altcoins like Etherium hits $1500 again.

Other Altcoins such as, Elastos did rise up to 30% in 24 hours with current time. Tezos another Altcoin which is picking up pace, is up 17% in the past 24 hours’.

Starge is up by 17% in 24 hours, BiteBox by 12%, Walton by 10%, Loom again by 10%, NULS has elevated 15% in the past 24 hours and the uplifting list goes on and on.

The hot coin that’s taking a surge up is Expire it has seen to rise 15% since past 24 hours and it seems to be rising so forth.


The market is on the verge to experience bull for sure and that is going to stay as it is or even rise in the coming month of 2019.

Click here to join our Free Bitmex BOT & Crypto Signal Community

Click here to go back to our Bitmex-Bot Website

Wish you all the best, 
www.bitmex-bot.com

The three cheap yet hot crypto currencies believed to perform very well in q2 of 2019

1.EXPIRE

Project EXPIRE have been working very hard to break out the price range that they are stuck in. It was being asked to be
removed from an exchange.

EXPIRE is looking at launching STO or if not working with STO in some kind of way. EXPIRE as a company actually makes money then it’s market cap currently is which is quite surprise for 99% of our blockchain companies that have never accepted a real-world payment. They are in the FNX voting competition when they list on FNX they get a lift on BitFenix and it makes them look a lot better in the eyes of many other exchanges because they will be listed on a legitimate exchange.

They’ve got a very high chance of being listed on a major cryptocurrency exchange during q2 of this year also they have got a very experienced team. EXPIRE recently acquired a company that had developed a Chroma app that will allow cryptocurrency to real money purchases on the Internet yet this is quite an undervalued project.

2.HOWDOO

They are kind of like the twitch of cryptocurrency it is a platform that allows people to post content on HOWDOO in a way that it sends a ship free it is virtually censorship free and a platform that is very good for creators it’s currency kind of works very similar to twitch bits but HOWDOO token works pretty much exactly the same.

HOWDOO launches on the 29th of April 2019. HOWDOO’s current market cap is only $1.3 million this is a very small market company has quite good get potential for gains this is a company that plans to have 24 million users by the end of the year each user spending $1 on the token that’s 24 million dollars’ worth of tokens have been sold market cap now of $1.3 million you’d imagine that to be considerably more.

3. PHANTOM

It is a really good solid looking project that looks to have some very good potential for gains however the price of it is up quite a lot recently. The company is a DAG, the difference between DAG’s and blockchain is DAGs are a faster more reliable way of scaling a chain.

Phantom is first project with DAG and also includes smart contracts retracing at some point considering how much profit has been made off within the past few weeks on how much the talk and value has increased over the past few weeks that people know and understand what phantom is rather than actually go out and buy the token at the moment because currently bought chain is not being utilized in the way that it should be is you literally just being used for pump and dump.

Click here to join our Free Bitmex BOT & Crypto Signal Community

Click here to go back to our Bitmex-Bot Website

Wish you all the best, 
www.bitmex-bot.com