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CareX conducts first crypto healthcare transaction in Texas, raises over $10 million

CareX conducts first crypto healthcare transaction in Texas, raises over $10 million HOUSTON, February 8, 2018 – Before its Initial Coin Offering (ICO) has finished, CareX Blockchain Platform tokens are already being used to purchase healthcare services. As the Houston Business Journal reported, the first CARE Token transaction took place on February 5. Pinto Walia used 450…

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HOUSTON, February 8, 2018 – Before its Initial Coin Offering (ICO) has finished, CareX Blockchain Platform tokens are already being used to purchase healthcare services.

As the Houston Business Journal reported, the first CARE Token transaction took place on February 5. Pinto Walia used 450 CARE ($4,500 USD) to get stem cell therapy from Dr. Naz Keshwani, who runs a medical practice in Houston, Texas. Dr. Keshwani will accept CARE in addition to other forms of payment and offer a steep discount as a result.

 “It’s exciting,” Keshwani told the Houston Business Journal. “I feel like I’m on the forefront.”

CARE Tokens are pegged at $10 USD for the duration of the token sale. When investments reach 20 million USD, the price will rise to $20 USD before going on crypto exchanges later in the year.

“We are carefully managing the process of joining exchanges to avoid volatility,” said CareX CEO Mike Bishop.

Besides accepting new patients and token investors, CareX is actively recruiting medical providers interested in receiving CARE payments in return for their services.

“Patients can now use CARE tokens with any provider that will accept them,” explains Bishop. “We will now be focused on growing that network.”

CareX is much more than a new payment method on a blockchain. CareX patients can also store their medical records, sharing them with any doctor in an instant.

“Having easy access to health records give patients the freedom to choose their provider,” said Bishop. “When providers start competing for patients, everybody wins.”

By accepting tokens, providers will get free access to the CareX suite of products, including analytics software that helps manage the administrative side of their business, saving lots of time and money. They also get access to the global network of patients interested in getting services.

“The more patients I can see, the cheaper my costs per patient could be,” said Dr. Ilyas Benchalaa, a CareX associated physician. “That’s a virtuous cycle which could really benefit everyone I work with.”

CareX has already raised over $10 million towards the project. The token sale is still ongoing, accepting BTC, LTC, ETH and US Dollars.

 
This is a paid press release. Blockchain Healthcare Review does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. Blockchain Healthcare Review is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Source: https://blockchainhealthcarereview.com/carex-conducts-first-crypto-healthcare-transaction-in-texas-raises-over-10-million/

Blockchain

Bitcue: Cryptocurrency Investing Made Easy

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It goes without saying that cryptocurrencies are now far better known among the general public than they were a few years back.

This is largely because of the tremendous increase in their valuation. With Bitcoin’s price reaching an all-time high of around $65,000 earlier this year, almost every traditional finance media outlet was breaking relevant news regularly.

And yet, there are plenty of people that aren’t aware of the intricacies of cryptocurrencies, let alone of cryptocurrency investing.

This is where Bitcue steps into the picture – a platform aiming to make access to the world of digital assets a lot more convenient and easier.

What is Bitcue?

Bitcue is a platform that aims to revolutionize access to the exciting world of cryptocurrencies. It delivers a brand new and highly personalized onboarding process for everyone who wishes to invest while also benefiting from actual returns worthy of the savviest investors.

Users are able to build their own cryptocurrency portfolios easily based on their very own targets. The platform provides easy-to-understand and timely reports on the performance of their investment.

This is quite convenient for those without the sufficient experience needed to make highly-educated investment decisions, as well as for the seasoned professionals looking for additional tools to manage their portfolios.

For beginners, Bitcue solves some of the important issues such as:

  • Difficulty in picking cryptocurrencies without a proper investment strategy.
  • Difficulty to access the very first investment.
  • Multiple platforms are rather complex and challenging to the untrained.

At the same time, those with sufficient experience can benefit from the following:

  • Proper portfolio diversification
  • Personalized management with quick access to analysis and specialized advice
  • Optimization of portfolio by investing at optimal entry points
  • Analysis and automatic securing of profits

Ease of Access Indeed

The entire process is relatively simple as users need to register on the platform and then do a knowledge test.

The latter is aimed at registering the level of knowledge the user has on the market so that it can be determined what kind of tools they’d most likely require to use.

The user would also have to choose a portfolio composition that is adapted to his personal profile. Of course, they can ignore the suggestions and create a portfolio on their own.

Each user is required to go through an identity check. This is necessary to abide by the relevant regulations.

Users can credit their accounts with fiat or with bitcoin, and the fund would then be distributed to their portfolios.

Additionally, everyone will receive monthly reports on the performance of their portfolio.

Some Key Features

The platform boasts a variety of interesting features, some of which include:

  • Automated DCA Investments

Investing on a recurring basis is undoubtedly among the best ways to create a solid portfolio with appropriate entry points, averaged out through a wider time frame.

  • Assistance with Investing

To help you make the most optimal choice, every single cryptocurrency listed on the platform comes with a detailed description and numerous indicators.

  • Appropriate Reporting

Bookkeeping remains one of the most important things to consider when investing, and with the detailed and comprehensive reports that Bitcue offers, it’s easier to stay on track.

  • Tailor-Made Portfolio

Following the questionnaire, users are proposed a pre-composed portfolios which come with various risk levels based on the individual risk appetite.

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Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cryptopotato.com/bitcue-cryptocurrency-investing-made-easy/

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Blockchain

MicroStrategy Acquires More Bitcoin, Holds More Than 105,000 BTC

MicroStrategy Bitcoin

Rate this post Business analytics firm MicroStrategy has added more Bitcoin to its balance sheet, taking the company’s collective holdings to a whopping 105,085 BTC. According to an announcement from the firm’s CEO Michael J. Saylor, MicroStrategy spent $489 million to add another 13,005 BTC to its treasury. Michael Saylor Announces New Bitcoin Purchase For MicroStrategy Saylor and his company have maintained their belief in Bitcoin’s potential despite the primary crypto’s ongoing price struggles in a volatile market. The company has been pumping the digital asset since last August following the pandemic-induced inflation, which forced investors to seek non-traditional options that safeguard their assets. In its most recent accumulation effort, MicroStrategy snagged 13,005 BTC for an average price of $37, 617 per token. However, the digital asset has declined sharply in the last few days, and one coin is currently trading for $32,500.  As part of its announcement, the firm revealed that its recently formed subsidiary MacroStrategy LLC holds 92,079 BTC of its total balance.  Altogether, the new investment takes MicroStrategy’s combined Bitcoin holdings to a staggering 105,085 coins. At the current spot price, this holding is worth $2.74 billion, with each token amounting to slightly more than $26,000.  MicroStrategy Raised $500M to Procure Its Current BTC Investment Earlier this month it was reported that MicroStrategy was offering senior secured notes due in 2028 to raise half a billion dollars in debt. These notes bore an annual interest rate of 6.125%. The company had originally capped the sale at $400 million, but shortly thereafter it boosted its offer by another $100 million.  Following the sale of its debt offering, the company revealed that it had amassed nearly $489 million, which would be invested in Bitcoin. At the same time, MicroStrategy also announced that it was planning to sell up to $1 billion in stocks and that part of those proceeds would be directed to buying more Bitcoin. Even before its recent purchase, MicroStrategy owned the largest reserve of the flagship crypto among all publicly traded companies. 

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Business analytics firm MicroStrategy has added more Bitcoin to its balance sheet, taking the company’s collective holdings to a whopping 105,085 BTC. According to an announcement from the firm’s CEO Michael J. Saylor, MicroStrategy spent $489 million to add another 13,005 BTC to its treasury.

Michael Saylor Announces New Bitcoin Purchase For MicroStrategy

Saylor and his company have maintained their belief in Bitcoin’s potential despite the primary crypto’s ongoing price struggles in a volatile market. The company has been pumping the digital asset since last August following the pandemic-induced inflation, which forced investors to seek non-traditional options that safeguard their assets.

In its most recent accumulation effort, MicroStrategy snagged 13,005 BTC for an average price of $37, 617 per token. However, the digital asset has declined sharply in the last few days, and one coin is currently trading for $32,500. 

As part of its announcement, the firm revealed that its recently formed subsidiary MacroStrategy LLC holds 92,079 BTC of its total balance. 

Altogether, the new investment takes MicroStrategy’s combined Bitcoin holdings to a staggering 105,085 coins. At the current spot price, this holding is worth $2.74 billion, with each token amounting to slightly more than $26,000. 

MicroStrategy Raised $500M to Procure Its Current BTC Investment

Earlier this month it was reported that MicroStrategy was offering senior secured notes due in 2028 to raise half a billion dollars in debt. These notes bore an annual interest rate of 6.125%. The company had originally capped the sale at $400 million, but shortly thereafter it boosted its offer by another $100 million. 

Following the sale of its debt offering, the company revealed that it had amassed nearly $489 million, which would be invested in Bitcoin. At the same time, MicroStrategy also announced that it was planning to sell up to $1 billion in stocks and that part of those proceeds would be directed to buying more Bitcoin.

Even before its recent purchase, MicroStrategy owned the largest reserve of the flagship crypto among all publicly traded companies. 

READ  MicroStrategy’s Bitcoin Stack Up: Brilliant Moves or Risk?

#Bitcoin #CEO Michael Saylor #MicroStrategy #MicroStrategy BTC Investment

Source: https://www.cryptoknowmics.com/news/microstrategy-acquires-more-bitcoin-holds-more-than-105000-btc/

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Thailand SEC Bans Meme Coins, Fan Tokens, NFTs

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Local exchanges in Thailand had been given a deadline until July 11 to submit their new rules for listing tokens that complies with the new guidelines from the Thailand Securities and Exchange Commission (SEC).

“The Securities and Exchange Commission (SEC) Board has approved the new rules that prohibit digital asset exchanges from providing services in relation to utility tokens and certain types of cryptocurrencies. The rules also specify that the exchanges set a requirement to be imposed in the event that digital tokens issued by their own exchange or related persons are listed on the exchange. In this regard, the token issuer who fails to comply with the white paper and relevant rules in substance could risk having such tokens delisted from the exchange. This new regulatory guideline aims to enhance protection of digital asset traders’ interest.”

The Thai SEC also added that listing rules prohibits local exchanges from providing services that have these following characteristics:

(1) Meme Token – having or no clear objective or substance or underlying, and whose price runs on social media trends.

(2) Fan token: tokenized by the fame of influencers.

(3) Non-Fungible Token (NFT): a digital creation to declare ownership or grant of right in an object or specific right. It is unique and not interchangeable with digital tokens of the same category and type at the equal amount.

(4) Digital tokens which are utilized in blockchain transactions and issued by digital asset exchanges or related persons.

Along with this move is their previous announcement of regulating Decentralize Finance (DeFi) projects in the country, including the issuance of digital tokens.

In the previous announcement, liquidity provider tokens, governance tokens, or tokens issued to those transacting in DeFi projects “must be licensed and must abide by the specified rules”.

The new regulation stipulates crypto exchanges, digital-asset brokerages, digital asset-dealers, private fund managers and investment advisors must be licensed by the Ministry of Finance.

Thai SEC states that, “For traders, it is best to study the DeFi project before getting involved in both technical and security aspects.” They also added that traders “should check whether the service provider is a digital-asset business that is licensed and regulated by the SEC or other regulatory agencies under law.”

This article is published on BitPinas: Thailand SEC Bans Meme Coins, Fan Tokens, NFTs

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Source: https://bitpinas.com/regulation/thailand-sec-ban-meme-tokens/

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