The Chinese stock market has found itself caught within the throes of a fresh bull market, and it could create a tailwind that lifts Bitcoin. After facing the dire implications of the ongoing pandemic that originated within China’s borders, the country’s investors appear to be moving on, now helping to fuel a fresh bull market. The country’s benchmark stock indices all saw massive growth during their latest trading session, with the Shanghai Composite even seeing its best single-day percentage gain since 2015. A few simple factors are driving this fresh uptrend, and one group believes that they could bode well for Bitcoin. It is important to note that unlike the U. S. financial markets, retail traders are the dominant force within the Chinese equities market. Some data sets even suggest that they account for 99% of the stock market’s investor base. As these traders flood into the market, their growing appetite for risk may translate into gains for Bitcoin. After a long period of weakness, the Chinese equities market is rebounding with a bang. On Monday, the Shanghai Composite rallied nearly 6%, while the Hang Seng was able to climb by 4%. These gains come as the global markets in general start flashing signs of strength. The new uptrend was catalyzed by a push from the country’s regulatory agencies for the development of margin trading and short selling capabilities in the country, which is anticipated to boost stock market activity. It also appears to be driven by hype. Because retail investors make up for 99% of the Chinese market’s investor base – according to a government survey from May – their excitement regarding technical and fundamental developments can morph into mania. The power of a retail investor mania was seen in 2017 when Bitcoin and the aggregated crypto market saw meteoric gains. A similar trend has also been seen recently in the US stock market, with an army of traders on Robinhood pushing some individual stock prices up hundreds of percent. The media can also help fuel this hype, and CNN has reported that multiple state-owned media channels within the country are already pushing the narrative that the markets are entering firm bull territory. One active crypto fund recently explained that China’s FTSE A50 Index hit fresh all-time highs off of this latest rally. This, they note, indicates that risk sentiment for Chinese investors is growing, potentially boding well for Bitcoin and the aggregated crypto market. Naturally, there are barriers in China preventing retail investors from entering the crypto markets freely, but the use of VPNs and other means allow these roadblocks to be easily subverted.

All data is taken from the source: https://www.newsbtc.com/
Article Link: https://www.newsbtc.com/2020/07/06/chinese-markets-rally-to-boost-bitcoin/

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#Ripple Partnering With Thailand Crypto Exchange (Bitkub) to Boost #XRP Payments Network

Additional information reviewed in this video:
*New Ripple Customer in Indonesia revealed: Top Remit
*Using XRP, Bitso captured a slice of the U.S.-Mexico remittance market in 2019. It’s eyeing much more in 2020
*Ripple-backed crypto wallet BRD ventures into enterprise blockchain market, aiming to serve banks and others
*Ripple Named One of Best Workplaces in 2020 by Fortune
*Ripple Spent $170,000 Lobbying President Trump’s Staff on Blockchain and Cryptocurrency in 2019: OpenSecrets

Narrated by The Cryptocurrency Portal on Sat. Jan 18th, 2020

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United Kingdom-based mining firm Argo Blockchain has doubled its order of new cryptocurrency miners as it eyes “significant expansion” of its capacities. An Oct. 30 report from Proactive Investors revealed that the firm — which is listed on the main market of the London Stock Exchange —  is poised to increase its current hash power by 240%. In lieu of a prior order for 5,000 new Antminer S17s at a cost of $13.09 million, Argo Blockchain has reportedly now placed an order for 10,000 Antminer T17s — at a cost of $9.51 million. The firm’s original $6.5 million down payment will be carried through for the new order, the company indicated, with the remaining $3 million to be provided from Argo’s cash reserves. With the new delivery expected in early December, the firm will have a total of 17,000 Bitcoin (BTC) mining machines in operation. Argo executive chairman Mike Edwards said the new order represented a “significant expansion” of mining infrastructure, noting that the choice to switch to T17s will seal a major increase in output for the firm. He took a bullish line on the company’s health and the wider crypto markets, stating:“Our strong balance sheet and cash flow means we can continue to invest to take advantage of favourable industry conditions and position Argo for long-term growth and value creation.”As previously reported, Argo Blockchain added 1,000 fresh miners back in September. Reports had moreover circulated in August pointing to the company’s closure of a deal to increase its electricity supply by 357%. Cointelegraph’s report at the time indicated the firm may have already then been poised to become the world’s largest publicly-listed miner. Over the past six months, the company’s stock price increased by 137% from £3.25 ($4.06) to £7.70 ($11.85) per share, according to Google Finance. Bitmain launched its upgraded Application Specific Integrated Circuit (ASIC)  T17+ mining machines at the World Digital Mining Summit this October, promising increased power efficiency and hash rate. Bitmain has itself meanwhile renewed its bid for a public listing, with fresh reports alleging it has recently filed for an Initial Public Offering with the United States Securities and Commission.

Check out @CryptoVideos on Instagram: https://www.instagram.com/crypto_videos/

#firm #cryptonfabric #bitcointousd #cryptocurrencynews #cryptocurrencyexchange #cryptonews #cryptoexchange

UK Bitcoin Miner Eyes 240% Capacity Boost With New $10M Hardware Order: https://www.youtube.com/watch?v=Ll84F3WgHyM

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A new job opening at Ripple is placing a spotlight on the company’s efforts to grow institutional adoption of the digital asset XRP. Ripple says it’s looking for a director of institutional markets, whose main job will be to expand the reach, use and liquidity of the third-largest crypto asset by market cap.“This leader will be responsible for expanding XRP markets infrastructure and assisting company efforts to grow market maker, broker, exchange and other institutional relationships. This leader will work closely with a team of financial professionals on the Institutional Markets team, responsible for managing and expanding XRP liquidity to enhance utility and value.”The company says its ideal candidate will have more than a decade of experience in capital markets, with a focus on FX or commodities. The position is based at Ripple’s office in New York City, and is also designed to help the company craft new ways to build commercial products and services based on XRP. Here are a few more highlights on what the new hire will do. You can check out the full listing here.

#company #stellarlumensprice #xrppricechart #cryptocurrencynews #cryptocurrencyexchange #cryptonews #cryptoexchange

Ripple Reveals New Push to Boost XRP Markets and Institutional Adoption: https://www.youtube.com/watch?v=EHdi830ALGM

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The long awaited Bakkt physically settled bitcoin futures trading platform is here.

Its launch has been heralded by many as bullish for Bitcoin as it will enable institutional investors to dabble in the markets.

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► Email me at TheCryptoCousins@gmail.com
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► BitBoy: https://www.youtube.com/channel/UCjemQfjaXAzA-95RKoy9n_g
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► The Bitcoin Standard – https://4MinuteCrypto.com/Bitcoin
► Subscribe to Alexa Flash Briefings – https://4MinuteCrypto.com/Alexa
► Get $10 in Bitcoin free at Coinbase -https://CryptoCousins.com/Coinbase
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Gary is available to keynote or emcee at your Bitcoin/Crypto event.
Contact Gary at GaryLeland@gmail.com for additional info.
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� DISCLAIMER: This article should not be taken as is, and is not intended to provide, investment advice.

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SHOW TOPICS:

Central Banks driving demand for Bitcoin
https://bitcoinist.com/how-bitcoin-demand-is-driven-by-central-banks-devaluing-their-currencies/

Peter Schiff thinks bitcoin will NEVER hit $50k
https://cointelegraph.com/news/bitcoin-price-will-never-hit-50k-gold-bug-peter-schiff-tells-tom-lee

White House Advisory says Bitcoin used to buy fentanyl, neglects to mention dollars
https://www.coindesk.com/white-house-advisory-says-virtual-currencies-used-for-fentanyl-purchases

Andrew Yang wants blockchain voting
https://cointelegraph.com/news/andrew-yang-wants-to-make-us-elections-fraud-proof-using-blockchain

SPECIAL THANKS TO MY SPONSOR – LEDN!

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CryptoNDX – Armenian startup, the winner of the Blockchain Leadership Summit startup competition – came last week to Switzerland for a 3-days roadshow!

⏩ CryptoNDX is a cryptomarket information registry: all the info that you need about blockchain & crypto exchanges on one platform.

During 3 days InnMind organised for CryptoNDX team a set of meetings in Switzerland and Crypto Valley with funds, investors, potential customers and strategic partners. Here are some numbers of this roadshow:

✅ CryptoNDX visited 5 cantons and participated in 21 meeting.

✅ CryptoNDX was presented in 2 Swiss meetups (Bern and Lausanne) with 60+ attendees each.

✅ Artur Aslanyan, founder and CEO of CryptoNDX, pitched the new product to 4 crypto banks, 4 crypto and blockchain investors, 3 cantonal authorities, and 3 potential R&D partners.

Too early to disclose more, but we cross our fingers 🤞to see the follow-up deals!

Want to get your business to the next level and make your roadshow in Switzerland? 🚀 Contact InnMind team to schedule next trip to boost your business development and fundraising at support@innmind.com

Super useful resources with information and educational materials on ICO and blockchain topic:

Subscribe to InnMind youtube channel: https://www.youtube.com/channel/UCKHi…

Register on the global business network for startups and investors: https://innmind.com/

Join our meetup group: https://www.meetup.com/InnMind-startu…

(c) Video created by Ivan Orlov

My website: https://cryptotradingvlog.com/

Bitcoin(BTC) and Litecoin(LTC) gets luxury and ATM adoption boost
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Cryptopia:
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Coinexchange:
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Bleutrade:
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If you want to leave me a tip, here are the addresses, Dogecoin is preferred, I don’t give refunds, so please enter the right amount:

Free Bitcoins!

Free Bit Coin: https://freebitco.in/?r=10980540
Free Dogecoin: http://freedoge.co.in/?r=1539538
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Exchanges I use and trust:

Coinbase/Coinbase pro: https://www.coinbase.com/join/5a1dccf1861324011170da77

Binance:
https://www.binance.com/?ref=11517630

Cryptopia:
https://www.cryptopia.co.nz/Register?referrer=Archbob

Coinexchange:
https://www.coinexchange.io/?r=e89d432b

Bleutrade:
https://bleutrade.com/exchange/191209
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If you want to leave me a tip, here are the addresses, Dogecoin is preferred, I don’t give refunds, so please enter the right amount:

Doge: DDvsYXw2vtBaTRd9G8JyZekmJ9LFvjGjhc

TRON: TX4JztzDyDPDqrNciDfTwa6NZqCca1HY56

Litecoin: Lcab1UZcPSXxjH8PfyzoGt8JTFSBfkMxM1

Bitcoin: 16BKWthynKYcawY8ivatbY6qg58nBQQ56a

Ethereum: 0xc49c42e1aEd6F645d67DA4eA512b69C31f7d477
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