Bitcoin Ban? Indian Government Wants to Preserve Rupee Monopoly

It appears a major concern for the Indian government concerning Bitcoin and other cryptocurrencies is the stability of its fiat currency (the rupee). A government committee examining the matter fears that allowing cryptocurrency transactions in the country may have a negative impact on the rupee. According to Quartz India, a fact-finding panel set up the […]

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Why Is Music Streaming Giant Spotify Spending $230 Million on a Podcast Company?

In a move that shows the increased significance of the podcast industry, a recent report from the Wall Street Journal revealed that music streaming juggernaut Spotify is in talks to purchase podcasting company Gimlet Media. According to the report, the bid from Spotify is in the region of $230 million, and it would help the […]

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Labor Department Says 304,000 Jobs Created in Jan 2019 Despite Trump’s Shutdown

According to a report published earlier this week by the United States Department of Labor, employers all over the U.S. were able to record an additional 304,000 in hiring in the month of January 2019, with the performance beating the 180,000 which was estimated by economists. Historic Month-on-Month Job Gains, Meager Salary Bumps With this […]

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Bitcoin is a “Better Store of Value Than Gold” & Will Surpass its Market Cap

Sure, the crypto market is still down. No, a year later, Bitcoin still hasn’t recovered from its big blow up and fall. While we’re suffering from such tough times, digital asset fanatics are looking into Bitcoin and its “underlying value proposition,” reports Newsbtc. To these enthusiasts, Bitcoin isn’t really a form of digital cash. Instead, […]

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Nasdaq Head Explains Why Institutions Are Still Holding Back On Bitcoin

In September 2017, the Bank of America Merrill Lynch branch asked 200 institutional investors what they believe is the most popular investment. Most of them said “Long Bitcoin.” That said, this doesn’t mean these investors have put money into the digital asset. However, it does show the government how vital cryptocurrencies are in the long […]

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Fidelity Investments Bitcoin Custody: Launch Set for March With Final Testing Ongoing

Fidelity Bitcoin custody service is set to go live on March 2019 as the company says it is in the final stages of tests on the platform. The Financial Services behemoth says it is already working with a few clients as part of efforts to put all the necessary modalities in place it prepares for […]

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