Bitcoin news

Bitcoin Incognito (XBI) Price Tops $0.0092

Bitcoin Incognito (XBI) Price Tops $0.0092

Bitcoin Incognito (CURRENCY:XBI) traded down 12.6% against the US dollar during the 1-day period ending at 22:00 PM ET on March 6th. One Bitcoin Incognito token can currently be purchased for about $0.0092 or 0.00000019 BTC on major cryptocurrency exchanges. Bitcoin Incognito has a total market cap of $120,163.36 and approximately $666.00 worth of Bitcoin Incognito was traded on exchanges in the last day. In the last seven days, Bitcoin Incognito has traded 13.5% higher against the US dollar.

Here is how related cryptocurrencies have performed in the last day:

  • Solaris (XLR) traded up 2.2% against the dollar and now trades at $0.29 or 0.00000574 BTC.
  • Xuez (XUEZ) traded 82.7% lower against the dollar and now trades at $0.0095 or 0.00000019 BTC.
  • GenesisX (XGS) traded up 2.5% against the dollar and now trades at $0.0010 or 0.00000002 BTC.
  • Elliot Coin (ELLI) traded up 0% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Basis Dollar (BSD) traded 0.5% lower against the dollar and now trades at $0.0739 or 0.00000148 BTC.
  • Bitcoin Incognito Profile

    XBI is a proof-of-stake (PoS) token that uses the XEVAN hashing algorithm. Bitcoin Incognito’s total supply is 13,031,736 tokens. Bitcoin Incognito’s official website is bitcoinincognito.org. The Reddit community for Bitcoin Incognito is /r/BitcoinIncognito and the currency’s Github account can be viewed here. Bitcoin Incognito’s official Twitter account is @XBIncognito and its Facebook page is accessible here.

    According to CryptoCompare, “Bitcoin Incognito is a cryptocurency services and payments platform. It provides the users with the tools to perform transactions using a P2P mechanism in order to achieve both security and anonymity. The XBI token is an open source PoS/PoW Xevan-based cryptocurrency. It features a second layer network of masternodes that process private and near-instant transactions. Click here for Masternode stats from masternodes.online. “

    Buying and Selling Bitcoin Incognito

    It is usually not currently possible to buy alternative cryptocurrencies such as Bitcoin Incognito directly using US dollars. Investors seeking to acquire Bitcoin Incognito should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin Incognito using one of the exchanges listed above.

    Receive News & Updates for Bitcoin Incognito Daily – Enter your email address below to receive a concise daily summary of the latest news and updates for Bitcoin Incognito and related cryptocurrencies with MarketBeat.com’s FREE CryptoBeat newsletter.

    Source: www.themarketsdaily.com

    Author: Mitch Edgeman


    South Korean Moms Are Taking the Lead in Buying Bitcoin Despite the Coronavirus Pandemic – News Bitcoin News

    South Korean Moms Are Taking the Lead in Buying Bitcoin Despite the Coronavirus Pandemic – News Bitcoin News

    South Korean Moms Are Taking the Lead in Buying Bitcoin Despite the Coronavirus Pandemic

    As bitcoin prices keep exchanging hands above the $48k handle as of press time, South Korea notices a particular growing trend in a specific profile of crypto investors. A recent study revealed that a new era of “crypto moms” is emerging across the board in the country.

    Per Maeil Kyungjae, citing data from research firm Wiseapp, females aged 40-49 in the Asian country have been actively buying bitcoin (BTC) in recent weeks. The data was collected via major domestic exchanges such as Upbit and Bithumb.

    The report calls this trend the “second boom” of cryptocurrencies in South Korea, as females surveyed were mostly mothers. According to the figures, over 30% of Bithumb and Upbit users belong to that age range, while 21% are over 50 years old.

    On the other hand, millennials are losing ground in holding cryptos, as the numbers unveiled that only 19% of the users are just aged 20-29. In contrast, teenagers are at the bottom with just 1.5%.

    The “second boom” name granted by Wiseapp is not a cliche of the recent crypto bull-run. In fact, these numbers are the opposite of the ones seen between 2017 and 2018, despite there is an active pandemic hitting the country.

    At that time, when the BTC frenzy in 2017 was also making the headlines, people aged 30 accounted for 30.7% of the crypto users in South Korea. Also, the 20s people were 24% of the South Korean crypto map.

    The local media outlet, who named the report “Mom is a BTC investor,” provided some reasons behind this shifting trend in the crypto demographics:

    The reason why the age group leading the virtual asset transaction has changed is the painful experiences of the 20th and 30th generations who suffered a ‘great crash’ at the time. The 20th and 30th generations, who started investing in cryptocurrency in 2017-2018, suffered massive losses due to strong government regulations such as the real-name virtual asset transaction system.

    And the “great crash” triggered a wave of so-called “crypto suicides” across the country. However, people aged 30-60 have increased their experience in investing with risky assets, thanks to the stocks trading, says the study.

    Interestingly, Kim Mo, a female stocks manager, told Maeil Kyungjae a particular reason why she started to invest in crypto:

    I started investing after seeing Tesla’s CEO and others invest in bitcoin. It’s a small amount right now, but I’m going to invest more by looking at the price trend.

    What do you think about this “crypto” demographics study in South Korea? Let us know in the comments section below.

    Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is 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 this article.

    Source: otcpm24.com

    Author: News Bureau


    Personal Finance Expert Suze Orman Says 'I Love Bitcoin' — Advises How to Buy BTC, Praises Paypal – Bitcoin News

    Personal Finance Expert Suze Orman Says ‘I Love Bitcoin’ — Advises How to Buy BTC, Praises Paypal – Bitcoin News

    American financial advisor Suze Orman says she loves bitcoin. She has provided some advice on how to invest in the cryptocurrency a month, noting that she prefers to buy bitcoin through Paypal’s crypto service because the payments giant has made it easy to do so.

    Suze Orman said she loves bitcoin in an interview with Yahoo Finance published Friday where she shared her bitcoin investing strategy and advised listeners how they should start investing in the cryptocurrency.

    She founded the Suze Orman Financial Group in 1987 and her Suze Orman Show ran on CNBC from 2002 to 2015. She has written 10 consecutive New York Times bestsellers about personal finance and was named twice on Time Magazine’s list of the 100 most influential people. In addition, she won two Emmy Awards and eight Gracie Awards. In 2016, she was appointed as a personal finance educator for the United States Army and Army Reserve.

    Orman was asked Friday, “what is your take on bitcoin?” Referencing one of her recent podcasts dedicated to cryptocurrency, she replied:

    I love bitcoin. I like the universality of it.

    She elaborated, “I like that it’s just there and the corporations that are investing in it.” However, the two-time Emmy-Award-winning television host added: “I do not like bitcoin as a currency. I don’t like it where you’re going to buy a Tesla or you are going to buy something with it. I like it as a possible replacement for gold, as an investment.” Recently, Elon Musk’s electric car company, Telsa, said that it will soon start accepting BTC as a means of payment for its products.

    Orman further revealed: “I personally played bitcoin through Microstrategy. In June of last year, I bought Microstrategy at about $125 a share, right around there.” She explained that “There was something about the CEO,” Michael Saylor, who made her think, “this man is making sense to me.” Microstrategy has been buying bitcoin since August last year. As of March 5, the company is hodling about 91,064 bitcoins.

    “I rode it [Microstrategy] all the way up and I sold. I think it was last week at right about $1,000 a share because I didn’t like, for the first time, bitcoin was going up but Microstrategy was going down,” Orman said.

    Orman proceeded to give some advice regarding cryptocurrency investing. She cautioned about the risks associated with investing in bitcoin.

    What cryptocurrency will become the main one in a year?
    BitcoinEthereum

    “What I tell my listeners and what I would tell everybody, bitcoin is seriously risky,” she began. “I would not be investing in bitcoin with money that I cannot afford to lose because the swings are not just going to be a point or two a day. They’re going to be $5,000 worth one day. It’s going to be up 7%, down 10%, it’s going to be all over the place.”

    Nonetheless, she advised, “But I think that it’s something that wouldn’t hurt people if they had it to lose, $100 a month in it.” The personal finance guru further opined:

    I personally would do it through Paypal because Paypal makes it so easy and it’s not that big of a hit given in terms of commission. It’s like 1.5%, 2% depending on how much you are investing every month.

    She emphasized: “I happen to like bitcoin and I like the premise behind it a lot. And I really love how Cathie Wood loves bitcoin. I love that, a lot.” Wood is the founder and CEO of Ark Investment Management.

    Many people on Twitter are surprised to hear Orman saying that she loves bitcoin. “Not gonna lie, I did not see this coming,” one user tweeted. “I’m going to file this under, “Headlines I did not expect to see in my lifetime,” another commented.

    As for using Paypal to buy bitcoin, a number of bitcoiners have voiced some concerns about the payments giant’s crypto service. While some users have complained about the service, many bitcoin proponents warn that cryptocurrencies bought through Paypal cannot be transferred away from the platform, emphasizing “not your key, not your coins.”

    “You currently are not able to send crypto assets to family or friends, use crypto assets to pay for goods or services, or withdraw crypto assets from your cryptocurrencies hub to an external cryptocurrency wallet,” the Paypal crypto service’s terms and conditions read. “If you want to withdraw the value from your cryptocurrencies hub you will need to sell your crypto assets and withdraw the cash proceeds from their sale.”

    What do you think about Suze Orman’s advice about bitcoin? Let us know in the comments section below.

    Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is 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 this article.

    Source: bitcoin-core-news.com

    Author: by admin


    Bitcoin Incognito (XBI) Price Tops $0.0092

    Previous
    Bitcoin newsJohn McAfee Indicted by DOJ Over Alleged Cryptocurrency Fraud Charges – Bitcoin News
    Next
    Bitcoin newsPeter Brandt Claims Bitcoin Will Continue to Trend Higher | Headlines | News

    Similar Posts

    Leave a Reply