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Crypto Finance News

Max Keiser talks Bitcoin in the Latest Interview

Max Keiser is a veteran when it comes to Wall Street. He has plenty of experience and recently he shared with us some of his predictions for Bitcoin. When it comes to this coin, Keiser’s show, The Keiser Report was one of the first ones that covered it, almost 7 years ago.

One of the first ones to buy Bitcoin

Max Keiser recommended Bitcoin back in 2011, when it was priced at $3. Later that year, Bitcoin’s price went under $1, so a lot of persons had a chance to buy it. When Max Keiser was asked if he believes that Bitcoin will be “the single currency for the internet”, he agreed.

Bitcoin manipulation

Keiser also discussed about the possibility that Bitcoin could be manipulated. He believes that there is no proof of manipulation when it comes to comes to Bitcoin futures contract. He believes that the low price of Bitcoin and the launch of Bitcoin Futures is just a timing coincidence.

He also believes that we might see some important investors on the crypto market in the future: “On the flip side, I think the futures contract will be a factor with the next leg of the rally to new all-time highs. Investors like George Soros and the Rockefellers will use these instruments to hedge positions and so can build much bigger positions.”

The future for banks

Keiser was also asked whether he believes that banks are quietly buying Bitcoin in order to use it as a hedge in the future. According to Max, this is definitely true and he knows him. However, Keiser says that banks are not buying enough Bitcoins in order to save them. “If you know someone who works for a Central Bank, kiss them goodbye. It’s over,” he added.

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Crypto Finance

A New Update was Released for Cardano (ADA)

Cardano (ADA) has released a new update for its 2018 roadmap. This means that they have some great projects on their way for this coin. Let’s see what is on its way for Cardano.

Paper wallets

There will be a new update for the Paper Wallet. Cardao wants to introduce Paper Wallets which is a great new addition that will allow users to store their ADA coins in a protected offline storage. This means that users will also be able to send, receive or keep their coins.

This update means that users will receive certificates that can be printed and that will help them keep money in their offline wallets. It appears that when it comes to Paper Wallets, the progress is at 33%.

Linux

As Linux OS was forgotten when Daedalus was released, and the attention went to Mac and Windows, it appears that the Cardano Team wants to fix that.  A Beta version was already announced and it is supposed to be released on Linux.

However, the Linux version is not complete yet. For example, the Daedalus software has a feature that brings updates automatically, but this version is only available for Mac and Windows.

Decentralization

Decentralization is something that becomes more and more important for the crypto world. That is why Cardano is working hard in order to go through the decentralized phase, and move from the centralized phase. The initial phase is named the Byron Phase and the next one is supposed to be called Shelly Phase.

The decentralized features will start to be testes around Q3 and Cardano will test them through participation on testnet. This means that a new decentralized Cardano Netowork should be completed and ready to emerge by the end of this year.

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Markets News

PayPal Comes with New Services for those Who do not to Use Traditional Bank Accounts

A new era is supposed to start for PayPal. It appears that PayPal is planning to release a new series of services that are similar with the ones offered by banks. This information was released by a report in the Wall Street Journal.

Numerous banking services will become available really soon, including FDIC insurance, direct depositing paychecks, as well as ATM-compatible debit cards. However, it is incredible that PayPal is able to do that. Normally, there is no banking license for PayPal in the United States.

Partnering with small banks

PayPal is able to offer with all those services by partnering with some small banks. This means that PayPal won’t be the one that will handle the debit cards or the loans directly. These features will be handled by various banks.

At the moment these features have already become available, but only for a small number of customers. As it turns out, these services are available for free, and they do not require any monthly fee or minimum balance. However, ATM fees will be required when customers will use the machines.

These new services are great for the persons who are not able to access traditional banks. That is because there are many people with low credit who are denied certain baking services. Additionally, many banking services alternatives are not safe enough so PayPal will represent a better option for all of them.

Bill Ready, the COO of PayPal appears to be aware of these problems and he states that the new services are not here so that PayPal can replace traditional banks. He even added that if a customer already has a bank account that is connected to the PayPal account, then  “this isn’t an account for you.”

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Crypto Finance News

Verge (XVG), NEO and VeChain (VEN) are Fighting Against the Crypto Market

The crypto market peaked at the beginning of the year. That period was an amazing one for all coins and they reached the highest prices. However, after that period, things became tough for the entire market.

However, among all those coins there are three of them that manage to stand out. NEO, Verge (XVG) and VeChain (VEN) are up even in these difficult times.

Verge (XVG)

Verge went up 6.03% in the past 24 hours and it is has reached the $0.068625 price. Experts believe that Verge is planning some big moves and we will hear more about this coin the future. Verge is the 20th largest cryptocurrency at the moment, and it is known for that fact that it is secure and anonymous.

Recently Verge managed to fork successfully, which could explain why the coin became more popular lately. It remains to see what the future holds for us.

NEO

NEO went up 7.52% in the past 24 hours and the current price for it is $51.36. One of the reasons why NEO price rose might be its European tours. There will be meetups and workshops in some of the most important European cities.

The tour will take place between April 14th and April 26th. This could have numerous benefits for NEO, as users will have a chance to learn more about the NEO community.

VeChain (VEN)

The current price for VeChain is $2.66, up with 5.33% in the past 24 hours. The lowest point for VeChain was $2.42, but it appears that the coin is finally on its way to recover itself. Another advantage for VeChain is the fact that it has been recently named one of the top 10 blockchain solution providers in 2018 by APAC CIOoutlook.

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News Tech

How can Xbox One’s Compatibility Issues be Fixed?

One of the main things that gave Xbox One the success that it has right now is the fact that it has the backward compatibility option. Since this came out almost three years ago, it looks like Microsoft is hard at work, making sure that the game’s library is expanding at a steady pace. Moreover, it looks like many of the games will be upgraded to a 4k version after the release of Xbox One X.

There is an update in the works and even if we do not know a lot about it so far here is what we hope that it is going to include.

Bringing back Xbox Live

This is perhaps one of the most requested thing from gamers worldwide. Bringing such a thing from a mere request to a reality is a very difficult process since there are security and compatibility issues between the old Xbox Live and the current version. While bringing back Xbox Live is not completely impossible, it would require a lot of resources and a system able to back it up and run it smoothly. In a nutshell, it is going to take a lot of time to do that.

More games for fans

There could be so much done when it comes to the number of games that are currently available on the Xbox One. For one, there are only 16 games that are original to the first Xbox and available through the backwards compatibility option for Xbox One. Some of the original platform’s most interesting games out there are not available and we would like to see that change in the future.

By deciding to upgrade these games to other versions as well, Xbox could increase its sales while not having to put in a lot of effort in order to reach their goals.

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