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Crypto news round-up: Bitcoin potentially going to $67K, Texas Mansion for sale, and Kim Kardashian

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What a week it has been for the cryptocurrency ecosystem with much activities going on in the world focused on the adoption of Bitcoin by various players in different industries. For instance, cinema lovers in Thailand might soon be in for a pleasant surprise as they might start paying for their movies and entertainment in Bitcoin.

Thailand’s largest movie cinema chain, Major Cineplex, recently announced their intention to integrate virtual currency payments into their operations to enable their customers to pay in Bitcoin. Major Cineplex fans will now be able to use the number one cryptocurrency, Bitcoin to access and purchase the theatre’s facilities, products, offers, and services like movie tickets, popcorn, burger, and drinks using the crypto.

To facilitate the smooth running of this directive, Major Cineplex has partnered with a Swiss payment company, RapidzPay with the intention to create and build their virtual payment system in Thailand.

Texas Mansion on Sale Payable with Bitcoin

Also, the market is seeing some adoption efforts by the real estate market with one property located in Highland Park, Texas measuring 9,281 square feet with five bedrooms, five baths, an underground climate-controlled garage with a lift to the guest house, and a swimming pool is being listed at 9,975,000 US dollars payable in Bitcoin.

According to Burke, those using the number one ranked cryptocurrency, Bitcoin to buy and sell properties are smart individuals who are visionary and can see the future.

It is no surprise that Texas is the epicenter for purchasing property using Bitcoin. On 18th September 2017, Kuper Sotheby’s International Realty, a brokerage firm, announced the successfully traded transaction of a prestigious property it was handling using Bitcoin to close the deal.

When it came to close the deal, the purchaser did not come with their bank account details or chequebook to the agreement site. Instead, the buyer and the seller met at a place with reliable internet connectivity, sent the agreed upon bitcoins and the deal was closed. The seller was at liberty to either keep the bitcoins in their digital wallet for later use or convert and transfer the currency to their preferential bank account.

After completing such real estate deals, it is safe to say that no purchase is too big for Bitcoin.

Kim Kardashian West Bitcoin Charity Poker Night Out

Kim, the reality TV starlet with over 100 million followers on Instagram, posted to her followers what appeared to be a physical BTC token of a charity poker night out in Los Angeles this week.

The Kardashian family that comprised of Khloe, Kendall, and mom Kris hosted the poker table in LA to raise money for a nonprofit organization that deals with clinical research and treatment of cancer, City of Hope.

On Kim’s Instagram Stories, she posted a video of her betting with poker chips with a poor image of what appeared to be a physical Bitcoin chip, accompanied with an ecstatic tagline, “We Moved onto Bitcoin.”

Pantera Capital Bitcoin Price Prediction of $67 K in 2019

After announcing their 10,000% return during their 5th Anniversary, Pantera Capital now believes Bitcoin is capable of jump-starting a dramatic price surge that might lead the coin to over $67 K valuation by the end of 2019.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Currency Market

GDA Group Announces Global Fund Management

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The GDA Group, an established North American financial institution fostering the adoption of digital assets and other disruptive technologies, has launched its latest venture, Global Fund Management. The venture will provide simple and secure digital asset exposure for institutional and accredited investors.    

Our mission is to create long-term value for our investors through the identification of strategies that can generate alpha through the new digital asset class, while ensuring to also limit possible downside on any strategy. We invest across alternative asset classes through actively managed hedge funds, trading algorithms, and private equity vehicles,” said GDA Group COO Zachary Friedman. He added that “Global Fund Management looks to outperform the market and take to market the best performing fund vehicles for every niche of the digital asset ecosystem.”

In addition to providing a path for institutional and accredited investors into the digital assets realm, Global Fund Management is providing exclusive insights on a number of fast growing blockchain industry segments such as Decentralized Finance (DeFi), non-fungible tokens (NFTs), and applications in the energy sector.  

Last month, GDA Group organized a quarterly, virtually-held Family Office Summit.  At one of the largest gatherings of private wealth this year, the GDA Group and dozens of other global blockchain…

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My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving

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Singapore, Singapore, 23rd November, 2020, // ChainWire //

Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30).

StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per year when they stake STMX tokens. The native ERC20 token of the StormX ecosystem, STMX has a total supply of 10 billion and is available to trade at many of the world’s top exchanges, including Binance and Bittrex.

“With Bitcoin’s price approaching its all-time high, interest in cryptocurrencies has renewed, though some people believe it’s now too expensive to buy in,” said StormX CEO and Co-Founder Simon Yu. “What we have done is create an easy way for such individuals to accumulate bitcoin, ethereum and other cryptocurrencies via everyday shopping.

“We’re also excited to provide users with the ability to earn greater rewards simply by staking their tokens.”

Since the StormX mobile app launched its Shop feature with over 700 stores in February 2020, some 400,000 unique users have been added to the rewards platform. StormX has also witnessed over 50% month-on-month growth for sales. The app is available for download on the App and Google Play Stores, and can be downloaded as a browser add-on from the Chrome Web…

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