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07
Feb
2021

Elon Musk’s Dogecoin Endorsement Sets Off Buying Frenzy for the D Coin

After Elon Musk said he would take a break from Twitter, he returned 2 days later with a tweet calling the Dogecoin cryptocurrency ” the people’s crypto.” As investors have been looking into other cryptocurrencies or altcoins that have the makings of the next important crypto money, Musk’s endorsement immediately had set off a buying frenzy for Doge coins.

Musk’s tweet had sent Dogecoin trades surging by more than 50%, boosting the price range of the virtual coin to between $0.054 to $0.064 from a previous $0.0012 After the buying spree occured, Musk tweeted an image of himself depicted as Lion King’s Rafiki, proudly holding the Doge dog mascot up high, whilst adding “ur welcome” as text.

Apparently, the Tesla Chief’s trade recommendations have been making an impact, his recent tweets of support for CD Projekt, Etsy and the controversial games retail giant GameStop created a positive effect. Musk’s support of GameStop had actually boosted a covert 2-year in the making plan hatched by a group of anonymous stock investors converging at Reddit’s r/WallStreetBets forum.

Background Info about Dogecoin

Dogecoin or DOGE is represented by the D symbol , and uses the image of the Shiba Inu dog that originated from the “Doge” meme. It was introduced in December 2013 by founders Billy Markus, an IBM software engineer and Jackson Palmer, an Adobe software engineer. Their goal was to create a digital payment system that will reach a demographic that is far more wide ranging than.bitcoin This explains Elon Musk’s branding of DOGE as the people’s crypto.

In July 2020, a TikTok video that aimed to hike the coin’s worth to $1.sparked an increase of Dogecoin’s price. Reddit users, likewise, gave attention to Dogecoin, as additional support to the Tesla giant’s D coin endorsement. As a result, Dogecoin soared further, bringing the increase in price at an estimated 800%.

Posted by Madelina Feliks in Cryptocurrency
11
Dec
2020

Cover Car Accident Expenses With The Help Of Loan Companies

Automobile accidents frequently happen in just about any country across the globe, and such accidents can bring about varying levels of damage to the vehicle, driver, passenger/s as well as pedestrians. Because of this, the expenses could add up and be too much to handle, making it physically, emotionally and financially devastating and overwhelming for everyone involved in the crash.

To get by and be able to afford to pay for these expenses, car accident victims frequently seek the assistance of loan companies, especially when they file a lawsuit for settlement. The funds provided by legal loan companies are usually used to pay for living expenses such as basic household needs and bills. Some loans would even pay for lawsuit expenses, particularly when you are expecting to receive a settlement.

Car Accident Loan for Legal Expenses

Car accident victims may need a loan from legal loan companies to pay for expenses throughout the legal process. This is especially true when the car accident victim wants to pursue legal charges against the negligent driver or the city because of nonfunctional traffic light that caused the accident, for instance.

If the plaintiff cannot cover the expenses that are associated with the legal process, such as lawyer’s fee and court fees, a car accident loan from reputable loan companies may just be what you need. Since a lawsuit can take months, or perhaps even years, for it to be resolved or settled, expenses will definitely begin to tally up. When the plaintiff wins the lawsuit, they can pay back the loan from the award or settlement they will receive. Whatever is left can be used to repair your car or other expenses you need to pay. On the other hand, if you lose the lawsuit, you don’t have to pay for the car accident loan or car accident cash advance you applied for and used.

Choosing the Right Lawsuit Loan Companies

When considering a lawsuit loan after your accident, it is imperative that you choose from reputable loan companies. You need to shop around before sitting down to sign a contract. Compare rates and fees as lawsuit loan companies vary in interest rates and other associated fees.

While many loan companies are credible and reputable, the industry of legal funding is lacking regulations. With the lawsuits’ nature, cases that are emotionally charged as well as large amounts of money at stake, the industry has made some deceitful lenders into predators who are always ready to take advantage of unsuspecting plaintiffs.

If you have an attorney, you can send them the documents given to you by lending companies you have decided on so that he/she can look into them to see which company will best match your needs. Lawyers have knowledge about lawsuit loan companies; hence they are able to spot red flags in contracts. If there are sections in the agreement that are unfair, your lawyer can also aid in negotiating with the loan company.

Posted by Ned Queen in Finance
13
Nov
2020

PayPal Moves Forward w/ Cryptocurrency Services Ahead of 2021 Schedule

PayPal announced last Nov. 12, that customers do not have to wait until 2021 for them to open a cryptocurrency account, as the service is now available to use. Qualified PayPal account holders will be able to buy, sell and hold specific cryptocurrencies like bitcoin (BTC), bitcoin cash (BCH), etherium (ETH) and litecoin (LTC). Moreover, the cryptocurrency purchasing limit has been raised to $20k weekly, from the previous $15K per week mentioned in the initial announcement.

PayPal revealed its plans of offering cryptocurrency services last October 21, 2020, whilst stating the the projected rollout will take place in the early part of 2021. Paypal’s cryptocurrency services currently include selling, buying and holding of any of the aforementioned cryptocurrencies.

PayPal’s Cryptocurrency Services is in Partnership with Venmo and Paxos

As it is, the terms and conditions of Paypal’s cryptocurrency services includes a prohibition against the direct transfer of crypto money to the cryptocurrency accounts of relatives and friends, or as direct payment for goods and services purchased from accredited merchants. Apparently, that particular aspect will require the use of Venmo’s social payment platform to which cryptocurrency service involving collaboration with the social payment processor will be available only in 2021 and to PayPal’s network of 26 million merchants,

In the meantime, the availability of PayPal’s cryptocurrency services is currently being carried out through a partnership with Paxos, a fintech firm tasked to handle cryptocurrency transactions in Paypa’s behalf. Paxos is a New York-based financial technology company that uses a private blockchain network in keeping custody of cryptocurrency accounts for delivery, payment and settlement of cryptocurrency transactions. That is why withdrawing crypto money from a PayPal account using an external crypto e-wallet is not allowed.

Basic Eligibility Requirements to Open a PayPal Cryptocurrency Account

First off, a person must be a U.S. resident aged at least 18 years or older; or of the age of majority recognized by the state in which an individual resides. However, the service is still not available to residents of Hawaii.

An existing personal PayPal cash account is necessary, as a means to access the Cryptocurrencies Hub since all related crypto services will be linked to the main PayPal account. A person’s login details to his personal Paypal account will be the same credentials to use when accessing the Cryptocurrencies Hub, as the latter will form part of that person’s Cash Account.

Paypal will also verify the previously verified information submitted when the personal Cash Account was opened, before a Paypal account holder is given access to the Cryptocurrencies Hub. The payments processor also reserves the right to verify from time to time, required information such as name, address, birthday and Taxpayer Identification Number by requesting a copy of a person’s government issued photo ID, or the most recent utility bill or any other proof of current residency.

Posted by Madelina Feliks in Cryptocurrency

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