Financial Industry News
ETH price rebounded nicely and traded above the $240 and $250 resistances against the US Dollar. The price tested the $265 level and it is currently correcting lower towards the $240 support. There is a key bullish trend line forming with support near $240 on the hourly chart of ETH/USD (data feed via Kraken). The […]
Continue ReadingBy CCN: Major spoiler alerts follow. A growing movement of Game of Thrones fans has already decided the final season should be re-made. No word on that from HBO or the show’s producers, but the final episode did happen this evening. We opened with Jon Snow defending “innocent” members of the Golden Company. They were […]
Continue ReadingBy CCN: Huawei has been unceremoniously axed by Google after the U.S government blacklisted the Chinese tech giant earlier this week. Now, Huawei mobile phones are no longer allowed to integrate official Android updates, and will be barred from hosting Google Play mobile apps, such as YouTube and Gmail. Google Drops Huawei: No More Android […]
Continue ReadingAlthough the crypto industry has changed dramatically in its decade-long lifespan, the narrative surrounding Bitcoin (BTC), along with its cardinal value proposition. has been steady, more or less. Yet, there have been a few nuances. Case in point, over recent years, proponents of the cryptocurrency have been wishy-washy with the asset being a Store of Value […]
Continue ReadingBy CCN: Facebook has reportedly set up a fintech company dubbed Libra Networks in Switzerland. The move clearly correlates with the social media giant’s Project Libra. According to Reuters, the focus of the fintech is on the blockchain, payments, data analytics, and investing. Libra Networks, which was registered in Geneva on May 2, will provide […]
Continue ReadingWhats App users can now send and receive Bitcoin (BTC) and Litecoin (LTC) via the popular messaging platform thanks to the Lite.Im bot. The announcement is the latest attempt to simplify the cryptocurrency transaction process, bringing virtual currencies closer to the everyday person. Sending Bitcoin on WhatsApp In a tweet published by Zulu Republic on […]
Continue ReadingBy CCN: OneCoin execs are sick of being called a Ponzi scheme. Allegations of ripping off churches are false too, they claim. In a lengthy letter to the Samoa Observer, the cryptocurrency-powered marketing company defended itself against what it considers to be false allegations OneCoin takes issue with news articles that were used by the […]
Continue ReadingBitcoin has been on the up-and-up for several weeks and is now once again nearing the $8,000 region despite facing increased selling pressure earlier this week. Despite BTC’s upwards momentum, the aggregated crypto markets have generally failed to outperform Bitcoin since it first began surging. Regardless, one analyst is now expressing the belief that altcoins […]
Continue ReadingNo one expected what Bitcoin (BTC) did in the past 24 hours. According to Messari’s OnChainFX, the leading cryptocurrency is up 9% in the past 24 hours, finding itself at $7,950 after touching $8,100 earlier today. Altcoins have experienced similar gains, with most rising by nearly seven or eight percent. Related Reading: Bitcoin May Be […]
Continue ReadingBy CCN: Binance CEO Changpeng “CZ” Zhao in a tweet on Sunday congratulated Binance Launchpad projects for their spectacular returns. Projects that went through @binance Launchpad. Congrats! pic.twitter.com/YKIIGyHmJZ — CZ Binance (@cz_binance) May 19, 2019 Meanwhile, Binance Coin (BNB) has been climbing higher, rising approximately 40% since the hack in which 7,000 bitcoins were stolen […]
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