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McAfee 2020: The Bitcoin (BTC) Candidate

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McAfee

2020 is just around the corner and soon Americans will be choosing the leader of the free world (again). And while most of the red white and blue-blooded patriots of the US will waffle between the inevitable Republican and Democratic candidatesa few of us will be looking into the alternatives offered by various third parties.

Lucky for us, one of those third-party candidates have already come forward. Internet security guru and champion of the cryptoverse, John McAfee, has officially thrown his hat in the ring. Running as a Libertarian, McAfee is making headlines and lighting up the twitter feeds with a brand new political platform designed to bring awareness to blockchain technologies while securing the civil liberties of our internet personas.

And it couldn’t come soon enough.

As we watch our malevolent overlords rip apart what’s left of net neutrality, it has become increasingly difficult to find a voice defending the people’s right to a free and open internet experience.

Between Silicon Valley collectively banning conservative opposition to their progressive agendas, and conservative politicians granting corporations ever intrusive access to your personal information, it seems we are left deciding between two sides of the same tyrannical coin. Whether liberal or conservative, the leaders of the two-party system seem to want the same thing: control of your data. A McAfee White House may flip that coin on its head.

But for investors in the altcoin space, there may be a better reason to cheer the candidacy of John McAfee; There is perhaps no better platform for enlightening the masses about the benefits of blockchain tech. And the coin(s) to benefit from an increased interest in cryptocurrency are likely already hodl’d in our digital wallets.

If you weren’t already, it may behoove you to take note of the coins pumped by this eccentric candidate as we get closer to election season.

Currently, McAfee remains vocal about his predictions concerning Bitcoin (BTC), but he has also recently expressed interest in Swarm (SWM) and decentralized exchanges like EOSfinex and the Binance DEX. Going forward, these coins and exchanges may deserve a second look from each of us as McAfee expands his influence into the media circus surrounding the 2020 presidential election.

In 2016 John McAfee was on the presidential stage helping define the debate surrounding cybersecurity. This time around he will introduce Bitcoin (BTC) to a curious public ready for a new investment strategy. With Rob Loggia, his presidential campaign manager, already laying the foundation for his historic 2020 run, McAfee stands ready to attack the media with a non-stop 2-year crypto-blitz of valuable information on the importance of his favorite decentralized coins.

Despite the seriousness of his rhetoric, McAfee has made it clear that he does not expect to win the presidency. The purpose of his running for president is to bring decentralization and the benefits of cryptocurrency into the American consciousness. To McAfee (and to investors in the cryptoverse) getting your vote is less important than raising your awareness… and perhaps the price of your favorite altcoin.

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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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Bitcoin

Blockchain technology outshines Bitcoin and Gold during global pandemic

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As the popularity of cryptocurrencies such as Bitcoin begins to level up with investments made in metals such as Gold, together they have both made significant advantages for investors who have taken a leap to invest in them.

However, thanks to the pandemic and the dynamic shift in investing and the economy, many investors have seen fluctuating losses and gains thanks to the uncertainty of the current business world. 

Many investors that backed companies who have exposure to blockchain technology have seen an approximate amount of 54% return on investments over the past year. This is even after considering how hard the global tech market and companies have been hit since the beginning of the pandemic.

What is blockchain technology?

Blockchain technology was first introduced as a supportive technology for Bitcoin. A blockchain is a simple, unchangeable and un-hackable digital ledger that holds transactions in little blocks attached to a chain. The transaction is duplicated and distributed across the entire network of systems on the blockchain, making it available for everyone on the network to see. 

Each block in the chain contains various transactions which are recorded on the participant ledger every time a transaction takes place. The database is decentralised and is managed by multiple participants known as Distributed Ledger Technology (DLT).

Although blockchain technology was birthed from Bitcoin and was widely adopted for the use of cryptocurrencies, the way it works and its security has made…

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Bitcoin

Bitcoin Surges After Tesla Bought $1.5 Billion Worth of BTC

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Cryptocurrency

The sudden rise of Bitcoin has been connected to the decision taken by the Tesla electric car company to buy $1.5 billion worth of Bitcoin.

The company explained in a filing with the Securities and Exchange Commission (SEC) that it bought Bitcoin to diversify its cash returns and more flexibility.

Musk’s Tweets also impacted Dogecoin’s price

Tesla also added that it will start accepting Bitcoin payments for all its products, although this will be based on a limited basis and applicable laws. If the company concludes and starts accepting cryptocurrency, it will make it the first major car manufacturer to accept Bitcoin payments. The company’s founder and Chief Executive Officer Elon Musk has developed an interest in Bitcoin and cryptocurrencies.

He has been tweeting severally about the viability of the Dogecoin (DOGE), which doesn’t have an important market value attached to it.

Few hours after endorsing Dogecoin, the cryptocurrency rose by an impressive 50%. But regulatory authorities are still concerned about the risks in cryptocurrency investments, with several regulatory bodies warning traders and investors they could lose all their money from crypto investments.

But for Tesla, the company decides to diversify its funds and increased its cash returns. However, Tesla also warned investors about the volatility of Bitcoin’s price in its SEC filing. According to the SEC…

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Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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