'Uber dovish' Fed sparks S&P 500 all-time high as analyst calls new Bitcoin im...
It's bullishness all round except for the U.S. dollar after Fed Chair Jerome Powell's latest speech, as Bitcoin gains $1,400 in under an hour. Bitcoin (BTC) gained almost $1,500 in under an hour on Aug. 26 after an "uber dovish" speech by Federal Reserve Chair, Jerome Powell.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price action charges upwardsSpeaking at the virtual Jackson Hole annual symposium, Powell hinted that the Fed would begin to reduce its asset purchases in place since the start of the Coronavirus pandemic.A long-awaited signal, the move, referred to as....
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Crypto analyst Ben Armstrong, popularly known as ‘Bitboy Crypto’ has ignited controversy by declaring Cardano (ADA)and Polkadot (DOT), “dead to institutions.” His brash statement has drawn substantial backlash from the crypto community, with many members vehemently opposing his criticizing remarks. Analyst Calls Cardano, Polkadot Dead In an X (formerly Twitter) post on July 3, Armstrong […]
The ride-sharing service that allows part-time taxi drivers to make a buck and (often) riders to save time and money has confirmed that they are "currently making Bitcoin work with Uber as of now." The confirmation comes in the form of a response from an Uber support representative to a customer who asked to pay in bitcoins. CCN is working to get further statement from the company. Update: Uber has not confirmed that they are going to accept bitcoin payments. Also read: Despite Denial, Uber Users Complaining of Hacked Accounts. The question of how payment for the drivers would work must....
Recently I wrote a news piece that reported that Uber had begun accepting Bitcoin payments. Although I gave myself enough room to later back away from the statement, sure to clarify that I hadn't confirmed this with Uber themselves yet, there is still a certain guilt that comes with being wrong about something. The whole community was misinformed by either a liar, someone having fun, or an Uber support agent. Whichever the case, sitting on the story and following up with Uber first would have been the way to go. As it turns out, Uber is not accepting Bitcoin payments any time soon. Which....
![Uber with Bitcoin Now Possible: Here’s How [UPDATE]](minthumb/725_aHR0cDovL2NvaW50ZWxlZ3JhcGguY29tL3N0b3JhZ2UvdXBsb2Fkcy92aWV3LzcxZTk5ZDlhNDhmM2E5NTdmZTAzMjExYzg3ZmVmNjliLnBuZw==.jpg)
[UPDATE: It appears that Uber has suspended Bitcoin Builder's account and thus, the service is no longer operational.] US-based bitcoin exchange platform Bitcoin Builder has announced their release of a bitcoin service that enables users to pay with bitcoin for Uber rides. How it Works. Bitcoin Builder created a business account on the Uber network, which allows the firm to display itself as a payment method on the Uber mobile app. Users are required to use the Bitcoin Builder multi-sig wallet to associate it with the firm’s Uber business account. After the activation, users will see....
Sponsored by CNBC and the prestigious Singularity University, the Exponential Finance 2015 took place in New York City on June 2 and 3. The Singularity University is an educational center dedicated to high-impact, world-changing applications of disruptive, exponentially accelerating technologies. Exponential Finance 2015 examined how rapidly accelerating technologies such as artificial intelligence, quantum computing, crowdfunding, digital currencies, and robotics are rapidly disrupting businesses throughout the financial industry. The Singularity University's news portal Singularity Hub....