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About Vince Saboti

Libra Renames to “Diem” in Preparation for 2021 Launch

Libra Renames to “Diem” in Preparation for 2021 Launch

Posted by By Vince Saboti December 2, 2020Posted inBitcoin News
The Libra Association that was put together by Facebook in 2019 is rebranding in an effort to differentiate itself from the original vision of Facebook revealed last year. The group, which is composed of…
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The Supply of Electricity to Local Crypto Miners in China Gets Limited

The Supply of Electricity to Local Crypto Miners in China Gets Limited

Posted by By Vince Saboti December 2, 2020Posted inBitcoin News
As reported by a member of the Chinese crypto industry, Colin Wu, the city of Baoshan ​​in the southern Chinese province of Yunnan was prohibited from supplying electricity to the miners of Bitcoin.…
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The US Dollar Fell to Its Lowest Mark in Two and a Half Years

The US Dollar Fell to Its Lowest Mark in Two and a Half Years

Posted by By Vince Saboti December 1, 2020Posted inBitcoin News
As reported by Reuters, the US dollar has reached its lowest mark for two and half years. The dollar has shown the most significant monthly dip since July, having lost 2.5% of its…
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Bitcoin Hits a New All-Time High at $19,900

Bitcoin Hits a New All-Time High at $19,900

Posted by By Vince Saboti December 1, 2020Posted inBitcoin News
After three years of anticipation, Bitcoin enthusiasts can celebrate a new record after the first cryptocurrency traded at more than $19,900 on Monday morning, breaking the previous all-time high that was set in December…
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Bitcoin Rate Could Rise to $250,000 by the End of 2021, Raoul Pal Says

Bitcoin Rate Could Rise to $250,000 by the End of 2021, Raoul Pal Says

Posted by By Vince Saboti November 30, 2020Posted inBitcoin News
According to Raoul Pal, a cryptocurrency enthusiast, and CEO of the Real Vision channel, by November next year, the Bitcoin rate may rise to $250,000. Pal is confident that 2021 will be the…
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A Law on Taxation of Cryptocurrencies Has Been Approved in Russia

A Law on Taxation of Cryptocurrencies Has Been Approved in Russia

Posted by By Vince Saboti November 30, 2020Posted inBitcoin News
The Russian government has approved a bill regulating the taxation of cryptocurrencies. This is mentioned in a message of the press service of the office of ministers. The decision itself was adopted following a…
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Chinese Authorities to Sell $4.2 Billion of Crypto Seized from PlusToken

Chinese Authorities to Sell $4.2 Billion of Crypto Seized from PlusToken

Posted by By Vince Saboti November 29, 2020Posted inBitcoin News
The Chinese authorities are banking on the cryptocurrencies seized during the breakdown of the PlusToken financial pyramid in the amount of $4.2 billion. This has become known after the publication of the Yuncheng court…
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Facebook Libra Stablecoin Will be Launched in January 2021

Facebook Libra Stablecoin Will be Launched in January 2021

Posted by By Vince Saboti November 29, 2020Posted inBitcoin News
The Facebook issued Libra stablecoin will be launched in January 2021 despite regulatory concerns. Libra will initially be backed by the US dollar only at a 1:1 ratio. According to the Financial Times,…
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Saudi Arabia Creates Regional “Organization for Digital Cooperation”

Saudi Arabia Creates Regional “Organization for Digital Cooperation”

Posted by By Vince Saboti November 28, 2020Posted inBitcoin News
High-ranking government officials from five countries have joined together to create a new global organization. It will pursue the goal to consolidate the cooperation between members, especially in the fields of innovation and…
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Quick Bitcoin Recovery Unlikely as Whales Move Coins onto Exchanges

Quick Bitcoin Recovery Unlikely as Whales Move Coins onto Exchanges

Posted by By Vince Saboti November 28, 2020Posted inBitcoin News
Bitcoin may face a rough time experiencing a V-shaped recovery to recently conquered heights in the short term. This is indicated by on-chain activity showing growing selling mood on the market. Blockchain data…
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