Financial Industry News
During a tense Senate Banking Committee hearing on Tuesday, in which Facebook blockchain lead David Marcus was skewered over the social media company’s ambitious Libra project, Sen. Mike Rounds (R-S.D.) started his remarks with a brief announcement: “Mr. Marcus, thanks very much for appearing here before us today. Before I begin my questions, I just want […]
Continue ReadingThere are all kinds of indicators and metrics in the stock market that assist traders and investors. Don’t Be The Dumb Money One type of indicator in the stock market is known as the “contrarian signal”. This is a market indicator which indicates the opposite of what one might intuitively conclude from the signal itself. […]
Continue ReadingCrypto bull and 2020 presidential candidate John McAfee claimed in a tweet Friday that the CIA has attempted “to collect” him and his wife Janice Dyson at sea. The tweet included a photo of McAfee and Dyson flexing some fire power. It appeared to be warning to the authorities McAfee says are hot on his […]
Continue ReadingBBC Russia has it that former Wex Exchange (formerly BTC-E) operator Dmitry Vasilyev has been detained in Italy. Some may recall the curious price discrepancies on Wex not so long ago, which raised red flags across the industry. The Wex/BTC-e Connection The belief was that the exchange wanted to attract deposits to capture money for […]
Continue ReadingNoelle Acheson is a veteran of company analysis and a member of CoinDesk’s product team. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a free newsletter for institutional investors interested in crypto assets. Sign up here. Bitcoin yet again graced global headlines last week, after the […]
Continue ReadingUntil recently, cryptocurrency debit cards appeared to fall short of expectations. Despite many failed efforts in recent years, crypto debit cards are enjoying a second wind thanks to a surge in crypto prices over the summer. With some of the crypto world’s biggest names launching crypto debit cards, Cointelegraph takes a look at the latest […]
Continue ReadingCrypto analyst John Kolovos recently told Bloomberg TV that Bitcoin price will drop to $8,500 before sharply rebounding. 4-Digit Bitcoin Price Is A Steal Earlier this week Macro Risk Advisors chief technical analyst John Kolovos spoke with Bloomberg TV about Bitcoin price action and the recent Congressional and Senate hearings over Facebook’s Libra cryptocurrency. According […]
Continue ReadingBitcoin price rallied recently above the $10,000 and $10,200 resistance levels against the US Dollar. The price climbed towards the $10,800 resistance and recently started consolidating gains. There is a contracting triangle forming with resistance near $10,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could accelerate towards $11,000 […]
Continue ReadingBusiness advisory firm KPGM has partnered with tech companies Tomia, Microsoft and R3 to create a blockchain-based settlements solution for the telecom industry, in anticipation of 5G network services. KPMG announced the partnership and product plans in an official blog post on July 16. As per the report, the planned blockchain solution intends to make […]
Continue ReadingIt isn’t clear yet if Elon Musk simply doesn’t have a filter and says the first thing that comes to his mind or if everything he says is a carefully designed smoke grenade to attract attention away from the 15 ongoing fires that he keeps having to put out. Let’s Go to Mars Case in […]
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