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BPSAA | Blockchain Privacy, Security & Adoption Alliance

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BPSAA (Blockchain Privacy, Security Adoption Alliance) goes live assembling crypto gurus from multiple projects for the good of cryptomanity. BPSAA aims to bring collaboration through BPSAA verified projects in order to enhance Privacy, Security, Adoption for users in the crypto realm.

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Projects in the Alliance:
Pirate Chain (Most Anonymous Crypto) https://bpsaa.vision/pirate-chain
Turtle Network (Interoperable DEX w/fiat) https://bpsaa.vision/turtlenetwork
Ether-1 (Decentralized Storage) https://bpsaa.vision/ether1
Sentinal (Decentralized VPN) https://bpsaa.vision/sentinel

Source: https://cryptocoremedia.com/bpsaa-blockchain-privacy-security-adoption-alliance/?utm_source=rss&utm_medium=rss&utm_campaign=bpsaa-blockchain-privacy-security-adoption-alliance

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Bitcoin Surges After Bulls Defend Key Level; What Analysts are Watching For

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Bitcoin is in the process of pushing higher today, with bulls aiming at sending the cryptocurrency up towards the resistance that it has long faced within the mid-to-upper $19,000 region.

If the selling pressure here remains constant and continues hampering the cryptocurrency’s growth, then bears may be poised to gain some control over BTC’s price action and send it reeling down towards $18,000 once again.

Where it trends in the mid-term will depend largely on whether or not it can maintain the trend of setting higher-lows after each rejection around its highs.

Last week, BTC plunged as low as $16,400 after facing a rejection around $19,500. Earlier this week, a rejection around the same price level caused it to plunge to lows of $18,200.

If it faces another rejection at these highs, bulls must hold it above $18,200 to continue setting higher-lows.

One trader is now noting that the continued defense of the mid-$18,000 region seen throughout the past few days and weeks is a bullish development for the cryptocurrency and may indicate that further upside is imminent in the near-term.

Bitcoin Pushes Towards Critical Resistance Level

At the time of writing, Bitcoin is trading up over 1% at its current price of $19,530, marking a massive climb from its recent lows of $18,200 set earlier this week.

These lows came about shortly after the cryptocurrency rallied past $19,800 and faced an immense rejection.

The selling pressure here has sparked multiple selloffs, and it remains unclear whether or not the next test will allow it to break above this region.

Analyst Claims BTC Strong After Holding Key Support

One trader explained in a recent tweet that Bitcoin is growing stronger the longer it holds above the mid-$18,000 region.

He notes that the buying pressure here has been quite intense and that the cryptocurrency’s trend may remain firmly in bulls’ favor so long as it doesn’t face any intense selloff.

“BTC update: Looks like the apes won this round. Generally, the $18.3-$18.7 area is an important one, violate it and best case we chop, worst case we shake out/correct. Any low timeframe bullishness hinges on that support level which so far seems to be holding.”

Bitcoin

Image Courtesy of DonAlt. Source: BTCUSD on TradingView.

Whether or not Bitcoin can hold firmly above the mid-$19,000 region should provide insight into where it will trend as the end of the year approaches.

Featured image from Unsplash.
Charts from TradingView.

Source: https://www.newsbtc.com/analysis/btc/bitcoin-surges-after-bulls-defend-key-level-what-analysts-are-watching-for/

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Bitcoin Billionaires Author Expects Asset To Be As World Changing As Facebook

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Bitcoin has the potential to be revolutionary and has drawn comparisons to many of the most powerful assets and technologies on the planet. On the asset side, it is earning its place alongside gold and currencies, while as a technology could be as groundbreaking as the personal computer or the internet. 

The author of the book Bitcoin Billionaires even believes, based on his close experience with the social network, that the cryptocurrency could become as dramatically world-changing as Facebook. Here’s why this could be true, and the potential of the cryptocurrency could be far wider reaching than anyone expects.

Is Cryptocurrency Technology As Powerful As The Internet And Personal Computers?

Few assets or technologies have ever existed that are as polarizing as Bitcoin. Some believe it will save the world from itself and ongoing issues like wealth gaps and government greed. Others call it rat poison, and slam the cryptocurrency every chance they get.

Naysayers range from Warren Buffett to Peter Schiff and Jamie Dimon, while advocates include Twitter CEO Jack Dorsey, Cameron and Tyler Winklevoss, and several of today’s most brilliant young, entrepreneurial minds. Venture capitalist and one of the most central figures to the dot com boom and the growth of the internet, Marc Andreessen, says Bitcoin is as important as the internet or PC before it, and like those technologies take time to show their true potential.

RELATED READING | GOLD BEGINS BREAKDOWN AGAINST BITCOIN, TRIGGERING 90% DECLINE ON PER OZ BASIS

There was once a time when people bashed email as “unnecessary” and claimed nothing would replace people’s daily newspapers.

Another more recent comparison has been made by someone incredibly close to both examples, who says that the leading cryptocurrency by market cap could be as world-changing as Facebook someday.

bitcoin billionaires world facebook

A look at when Cameron and Tyler Winklevoss announced their BTC purchase until now | Source: BTCUSD on TradingView.com

Bitcoin Billionaires And The Social Experiment Author Compares Bitcoin With Facebook

The quote is from Bitcoin Billionaires author Ben Mezrich, who can speak from experience on both subjects. The book remembers the Winklevoss Twins’ first foray with the cryptocurrency, who invested in the asset heavily early on.

Cameron and Tyler were no strangers to finding early technological breakthroughs and were pioneers alongside Mark Zuckerberg in the early beginnings of what would ultimately become the Facebook of today.

Mezrich also penned the novel based on that experience, which was the material used in the film, The Social Experiment.

RELATED READING | FACEBOOK LIBRA COULD LAUNCH AS SOON AS JANUARY, AMIDST BITCOIN RESURGENCE

Bitcoin can in a sense be thought of as a financial experiment, and like Facebook before it, when the experiment is successful and the right believers and backers get behind it, the innovation can be used to change the world.

How Facebook has changed things for the better or worse is up for debate. Bitcoin, however, would have a lot more positive benefits, improving privacy rather than destroying it.

Featured image from Deposit Photos, Chart from TradingView.com

Source: https://bitcoinist.com/bitcoin-billionaires-author-expects-asset-to-be-as-world-changing-as-facebook/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-billionaires-author-expects-asset-to-be-as-world-changing-as-facebook

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Stripe will offer bank accounts, with help from Goldman Sachs and Citi

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Online payments giant and Cash App owner Stripe is stepping into a new realm of financial services for vendors.

Per a Wall Street Journal exclusive on Thursday, Stripe is looking to offer customers bank accounts and debit cards. However, these financial products will be limited to vendors and merchants for now.

The new initiative will also involve collaboration with banking giants Goldman Sachs and Citi, which is part of a broader push from both to incorporate online business services and new technologies

In 2015, Stripe was an early payments platform to onboard Bitcoin (BTC) functionality, which it dropped three years later. 

Last year, Stripe made headlines for seeing a valuation of $35 billion following a funding round.

Source: https://cointelegraph.com/news/stripe-is-launching-new-banking-services-alongside-goldman-sachs-and-citigroup

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