Reverse merger makes investing with Bitcoin easier

Reverse merger makes investing with Bitcoin easier

Bitcoin has a large number of believers at this moment in time, and that number is only expected to increase in the next couple of months. However, those who felt like betting on its future on the stock market have had quite a difficult time doing so until now. This is ought to change, as Tera Group Inc. will become a listed company on the stock market.

The group which has attracted quite a large number of fans has recently announced that it has initiated a reverse merger agreement with a NYC Stock Exchange-listed company known by the name of MGT Capital Investments. While their areas of work are quite different as MGT runs a couple of online gaming sites, this doesn’t really matter as long as they collaborate and have similar beliefs. The description of the terms of the deal mentions that Tera will have an executive controlling state after the merger. This means that MGT will issue 70% common stock shares over to Tera’s owners. In turn, by being listed on the New York Stock Exchange, those who believe in the future of bitcoin will be able to secure a safe investment in the company.

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What Influence Will the Fall of the U.S Economy Have Over Bitcoin?

What Influence Will the Fall of the U.S Economy Have Over Bitcoin?

President Obama announced that the U.S. economy has had a leap in the last couple of months, but we all know that economies can face meltdowns when it is least expected. One thing is for sure though- if this happens, the value of one Bitcoin will leap up so much that getting back it down could turn out to be an impossible task.

In order to answer this question well, we first have to understand what the fall of an economy represents. While many consider that the value of the affected currency will drop, things are a bit more complicated. If you look back at 2008, anyone can easily take note of the fact that hundreds of thousands of jobs were lost, many couldn’t afford to eat, pay their bills and rent, thus losing their homes. An abrupt fall in the value of a currency will also lead to different problems, such as decreased trading and lower stock prices, which can then cause various businesses to become bankrupt and the world’s economy to take a hard hit all over again.

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Two Federal Agents Arrested on Bitcoin-related Fraud - Questions Arise

Two Federal Agents Arrested on Bitcoin-related Fraud - Questions Arise

In a previous article, we discussed how the government may use Bitcoin as a federal reserve, while also mentioning a couple of reasons why this isn’t good news for the cryptocurrency market.

While no government throughout the world has openly admitted investing in Bitcoin, we are all well aware of the fact that the U.S. government is proud to have an amazing bitcoin reserve thanks to Silk Road criminal process, when hundreds of bitcoins were seized, and are now in the hands of the treasury. However, when does the process of seizing cryptocurrencies from those who take part in illegal activities become an illicit act itself?

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The U.S. Federal Reserve’s opinion on Bitcoin

The U.S. Federal Reserve’s opinion on Bitcoin

So far, Bitcoin has had a lot of success in the private sectors, but chances are that public institutions and governments will start using the currency soon as well. In the case that you’re wondering why this is so, then you may be surprised to know that the worldwide trust percentage in the cryptocurrency is slowly increasing, which means that public institutions will soon invest into the coin in order to keep up with the ever-changing financial system.

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Recent Bitcoin price increase grants the currency momentum and improves the number of exchanges

Recent Bitcoin price increase grants the currency momentum and improves the number of exchanges

One of the main things that make Bitcoin different when compared to most of the market currencies that are available at this moment is its trading price, which can suffer great modifications from one day to another. In turn, this puts Bitcoin exchange companies in the spotlight, as they strive to compete against one another while also keeping track of the universal exchange price.

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Bitcoin Banks: A Feasible Idea?

Bitcoin Banks: A Feasible Idea?

As Bitcoin becomes more and more popular, a larger number of people are beginning to develop projects surrounding the cryptocurrency, and one of these is backed by the idea of a bitcoin wallet acting as a bank, and therefore, doing just about everything that a bank is entitled do.

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How the Absence of Bitcoin Regulation is Promoting the Principle of Reputation Assessment on the Market

How the Absence of Bitcoin Regulation is Promoting the Principle of Reputation Assessment on the Market

An important issue which is present on the Bitcoin market at this moment is the lack of regulation which in turn promotes reputation assessment. In order to get a better grip on this concept, it is worth pointing out that because there are no laws surrounding the cryptocurrency, many people from all around have decided to use it as a way to scam people and promote illegal activities.

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Payment Processor Stripe Has Started Accepting Bitcoin

Payment Processor Stripe Has Started Accepting Bitcoin

Payment processing service, Stripe, announced in march 2014 that they would start accepting Bitcoin payments. Now, almost a year later, Stripe has finally launched the Bitcoin payment processing facility. The company had an extensive beta test spanning over 60 countries, and the response was very positive. The company which has a massive investment history, with several high profile investors such as Andreessen Horowitz, Peter Thiel and Sequoia Capital to name a few, has finally launched the Bitcoin payment processing service.

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