Bitcoin Trades at a PREMIUM in Hong Kong | Binance Venus vs Facebook Libra | Crypto.Com Updates

Bitcoin Trades at a PREMIUM in Hong Kong | Binance Venus vs Facebook Libra | Crypto.Com Updates

Bitcoin is currently trading at a premium in Hong Kong and people are protesting by withdrawing their money from the banking system. Mattie will tell you everything you need to know about the protests in HK as well as Hong Kong’s leading publication now accepting Bitcoin BTC and Bitcoin Cash as donations.

Mattie will also take a look at Binance announcing it’s Venus cryptocurrency which most likely will be competing with Facebook’s Libra. Crypto.com is also in the news today with the launch of “Pay your Friends” which will replace Venmo with crypto.
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References:

https://twitter.com/BTCKris_/status/1163132993935855616

*(Background story of protests in HK)* How the Hong Kong Protestors’ Tactical Brilliance Backed Beijing into a Corner
https://quillette.com/2019/08/19/how-the-hong-kong-protestors-tactical-brilliance-backed-beijing-into-a-corner
Bitcoin as protest: Hong Kong demonstrators withdraw their money from banking system
https://cryptoslate.com/bitcoin-protest-hong-kong-withdraw-money-bank
Bitcoin trades at a premium in Hong Kong amid mass demonstrations
https://technode.com/2019/08/15/bitcoin-trades-at-a-premium-in-hong-kong-amid-mass-demonstrations

Binance plans to launch ‘Venus,’ similar to Facebook Libra cryptocurrency
https://www.altcoinbuzz.io/crypto-news/product-release/binance-will-launch-facebook-libra-competitor-named-venus
https://cointelegraph.com/news/binance-reveals-venus-its-own-project-to-rival-facebooks-libra

Crypto.com Launches “Pay Your Friends” to Replace Venmo With Crypto
https://twitter.com/cryptocom/status/1163362472369115136
https://blog.crypto.com/crypto-com-launches-pay-your-friends-to-replace-venmo-with-crypto

Hong Kong’s leading publication accepts Bitcoin and Bitcoin Cash as a donation
https://www.tronweekly.com/hong-kong-leading-publication-free-press-accepts-bitcoin-bch-donations-now

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NOTE The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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