Financial Industry News
Significantly less flights are going in and out of China two months into the coronavirus outbreak. It puts pressure on China and the government’s wish to recover the economy. People’s Bank of China already cut its rate to support local firms, which it was reluctant to do even during the trade war. A timelapse video […]
Continue ReadingProminent crypto personality and Litecoin founder Charlie Lee recently railed on DeFi after a vulnerability was exploited on one protocol over the weekend. Here’s why he is wrong, and DeFi is here to stay. DeFi Protocol Exploited Unfortunately for decentralized finance platform bZx, their Fulcrum exchange was temporarily exploited while the team was due to […]
Continue ReadingBitcoin (BTC) can hit $26,000 in just two months thanks to a bullish event that previously triggered 170% price gains. As noted by Cointelegraph Markets analyst, Keith Wareing, on Feb. 18, this week saw Bitcoin’s ascending 50-day moving average cross over its 200-day moving average. Bitcoin 1-year price chart with 50 and 200-day moving average. […]
Continue ReadingBitcoin’s mining power worldwide has been affected by manufacturing delays caused by the coronavirus outbreak in China, effectively reducing growth in the cryptocurrency’s computing power. Nevertheless, some Bitcoin miners based in the Asian nation have seen an increase in their market share while others struggle to keep up. Bitmain has held its position as the […]
Continue ReadingSigns during trading in today’s Asian session indicate that the correction could be over already. Ethereum is leading the charge once again, can it reach $300 this time around? Crypto markets appear to be recovering today though bitcoin has hardly moved on the day, remaining at around $9,800. Total crypto market capitalization has moved however, […]
Continue ReadingUbisoft is hiring a narrative director for a AAA VR title. It will be based on an existing IP. Valve isn’t the only big player in the VR game. The most anticipated virtual reality title is Half-Life: Alyx, no doubt. After all, this game is not only the first “full-length” experience from the legendary game […]
Continue ReadingA large part of the economy will always remain dependent on gamers. Whether it was parents throwing down $200 for a Nintendo Entertainment System back in the 1980s or millions enticed by freemium models, people around the world are drawn in by addictively fun games. Blockchain-based games like The Sandbox (TSB) are fulfilling these needs […]
Continue ReadingBitcoin declined to a new weekly low at $9,483 before recovering against the US Dollar. BTC is back above $9,700, but it is still trading below a few key hurdles ($9,950 and $10,000). Bitcoin price started an upside correction after trading as low as $9,483 against the US Dollar. There are positive signs on the […]
Continue ReadingCryptocurrencies have always faced challenges when it comes to reducing risk and making themselves regulatory compliant for traditional investors. Providing custody for Bitcoin and others is becoming increasingly more complex due to the nature of crypto: whoever has control of the asset, owns the asset. While users typically had to store their own BTC private […]
Continue ReadingRipple found support near $0.2680 and recovered slightly against the US Dollar. XRP price could continue to rise, but the bears are likely to protect the $0.3100 resistance area. Ripple price is slowly correcting higher from the $0.2677 swing low against the US dollar. The price is back above the $0.2800 area, but it lacks […]
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