40% of Millennials Look to Crypto in the Event of Recession

In a recent survey conducted among 1,000 online investors more than 2/3 of U.S. based investors are afraid of a recession & would consider converting part of their stock portfolios to safer investments or hedge with crypto assets, commodities or real estate.

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Here is my connection code if anyone wants to open a lightning node to me of 500,000 sats or more 0208cec119172de2831b292aa73c5e0a368b427fa5d6d519a0ed3b9093998ed926@6mrhejdg46ie4bp55avgknrt7d5aepgqblhebfz3iilifpkr7tlgriid.onion:9735

Bitcoin QR Code Scams Found on Google Search Pages #381

Researchers have discovered that the majority of links returned in Google search pages for Bitcoin QR code generators are for fake or scammy websites.

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Will Trump Ban Bitcoin When It Reaches $100,000? #382

Tom Lee vented concerns about lawmakers’ power to wipe out entire markets overnight.

Lee noted previous negative comments about crypto by President Trump and his administration.

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Bitcoin Addresses Worth $100,000 or More Hit All Time High #384

Multiple data sources reveal that the number of Bitcoin wallet addresses holding a minimum of 10 Bitcoins has hit an all time high.

According to the Bitcoin Rich List put out by BitInfoCharts, there are 157,210 addresses holding between 10 and 1 million Bitcoin.

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7 Eleven Stores In the Philippines Now Sell Bitcoin #385

Crypto investment app Abra will start selling Bitcoin for cash in all 7-Eleven stores across the Philippines.

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Is Bakkt A Big Boost For Bitcoin or Will It Flop? #386

The long awaited Bakkt physically settled bitcoin futures trading platform is here and 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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According to Bitcoin Venezuela, about two hundred and thirty dollars in Bitcoin can provide food for more than twelve hundred people at its soup kitchen for a week.

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640 Crypto Projects Have Failed to Publish a Single Line of Code #388

32% of all crypto projects failed to publish a single line of code in 2019, and 640 of them were completely inactive.

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Did The US FED Repo Transactions Cause The Bitcoin Price Crash? #389

Last week the US Federal Reserve pumped more into the money markets than the entire crypto market cap in order to control lending rates.

Those cash injections have continued this week as another 100 billion dollars floods into markets.

The question being asked by some industry observers now is, are the repo agreements and Bitcoin price action related.

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ShapeShift Finally Gets Rid Of Its Account Requirement #390

Despite providing a valuable service, many people took exception to Shape Shift enforcing Know Your Customer and Anti Money Laundering requirements, but it looks like that will be reversed in the near future.

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Pomp Says He Would Tokenize The US Dollar #391

During an appearance on CNBC’s Squawk Box Morgan Creek Digital's co founder Anthony Pompliano was asked how will Bitcoin retain its property as a store of value when national currencies all become digital.

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Catching Up With The Bitcoin Family #392

Are you familiar with the family that sold all their possessions a couple of years ago and bought Bitcoin?

I remembered reading about that and I wondered what ever happened to that family.

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Ross Ulbricht Starts His Seventh Year in Prison #394

October first marked the anniversary of Ulbricht’s imprisonment, reawakening the petition to grant him clemency.

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Coinbase Pro Hikes Fees By Up To 233% - #396

Bitcoin exchange Coinbase has announced it will introduce new fees which will more than double usage costs for some low volume traders.

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5 Reasons to HODL Your Bitcoin - #397

Forget the recent bearish momentum and Bakkt’s disappointing launch.

Here are five reminders why you should still be HODL’ing your Bitcoin.

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Casa Updates Lightning Nodes - #398

Casa is launching a new version of their node, and the new node will process transactions faster because of its larger memory unit which is four gigabit versus the current node’s one Gigabit, it has a better processor and new software.

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Top Banker Admits Fiat is Worthless #399

Oswald Gruebe, was the head of Credit Suisse from two thousand four to two thousand seven and he has criticized negative interest rates adding that it means money has become worthless.

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It probably won't come as a big surprise that Crypto exchanges are the biggest Bitcoin HODLers. 6.7% of the current circulation of Bitcoin is held on exchange wallets, and that is valued around 9.8 billion dollars.

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Bitcoin is a Superior Currency That Frees People #402

Venture capitalist Tim Draper said Bitcoin is a superior currency that frees people.

He went on to say that In the twenty first century, currencies are based on faith in the government, but Bitcoin appeared as a currency that was not backed by any government and held the possibility for global payments.

VIDEO: https://youtu.be/XiORihTJ1Bg

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