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SoftBank and Naver to Create a Joint Tech Giant in a Bid to Sidestep Competitors

Japanese multinational conglomerate holding company SoftBank has announced its decision to unite its search engine Yahoo Japan with a popular chatting app Line owned by Naver Corp. Within the agreement, Yahoo Japan and Line will merge and create a joint business to develop new opportunities for protecting themselves against competitors.According to the announcement, SoftBank and Naver will each hold 50% of a new holding company that will operate both Line and Z Holdings (Yahoo Japan’s...

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Bakkt Plans to Widen Its Services with Consumer App

Bakkt, the physically-backed Bitcoin Futures contracts company recently confirmed that they are testing their consumer app for retail crypto traders. Allegedly dubbed Bakkt Pay, the app, they said they plan to increase the width of their area of services to a higher level. That includes focusing on putting the retail traders besides institution investors who are already the users of the Bakkt services in its futures trading.BREAKING!Bakkt testing consumer app in preparation for imminent lauch...

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China Moves from US Dollar to Other Assets Including Gold

It seems China finally decided to cut some ties to the world’s largest reserve currency – United States dollar, at least if it’s to believe the analysts’ prognoses.The biggest and most obvious reason is the ongoing trade war between the two countries said ANZ Research in their recent report. US delisting Chinese companies’ stocks from its market – surely hasn’t helped as well. That is why, ANZ predicts, Beijing decided to diversify its foreign exchange reserves into other currencies as...

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Crypto Market Heading Northwards, Bitcoin Price Remains Calm Around $8600 Levels

After a poor drag down last week, the overall cryptocurrency market is showing signs of mild recovery today. While the crypto markets are eyeing a northward journey, Bitcoin still looks hesitant to take the lead.Last week, Bitcoin took a hit as the BTC price first slipped below $9000 and later even below its crucial support at $8700. Now, at press time, Bitcoin is trading at $8641.61 with a market cap of $156 billion. While Bitcoin has been showing a mild response to the market recovery, some...

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Won’t Happen With Bitcoin: Bank of America Shuts Down Ex-PayPal CFO’s Bank Account

One of the largest US banking institutions, the Bank of America, has recently decided to close the account of the former CFO of PayPal. The decision came without an explanation, despite the fact that he had been a client for over 20 years. Needless to say, Bitcoin’s censorship-resistant nature is one of the things that bring it up as a viable alternative in scenarios of the kind.Bank Of America Shuts Down An AccountThe former CFO of PayPal and current partner at Sequoia, Roelof Botha, shared...

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#751 BTC Netzwerk Transaktionen überflutet, Bitcoin-ATM Wachstum & Iranische Zentralbank in Flammen

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 751 gesponsert von www.Bitsonar.com – Heute geht’s um folgende Themen: Bitcoin Netzwerk wird von Satoshi-Transaktionen überflutet, Anzahl der Bitcoin-Geldautomaten auf über 6.000 gestiegen & Büro der iranischen Zentralbank in Brand gesetzt. 1.) Bitcoin Netzwerk wird von Satoshi-Transaktionen überflutethttps://coincierge.de/2019/bitcoin-netzwerk-wird-von-satoshi-transaktionen-ueberflutet/ 2.) Anzahl der...

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Stellar Lumen (XLM) Price Trimming Gains, More Downsides Likely

Stellar lumen price failed to settle above the $0.0800 and $0.0820 resistances against the US Dollar.XLM price is currently declining and it is now trading well below the $0.0750 level.There is a major bearish trend line forming with resistance near $0.0730 on the 4-hours chart (data feed via Kraken).The pair remains at a risk of more downsides towards the key $0.0650 support area.Stellar lumen price is currently trimming gains against the US Dollar and bitcoin. XLM price could continue to...

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Meetup DeFi France

« Après le succès fulgurant du premier meetup DeFi France, il était temps d’en faire un rendez-vous mensuel ! Retrouvez-nous donc tous les mois chaque 3ᵉ semaine, idéalement les jeudis pour parler de la finance ouverte, transparente et décentralisée sur Ethereum. Pour cette édition, on explorera une seconde dimension de la DeFi après les prêts et stablecoins : les échanges et la gestion d’actifs. »...

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Week in Review: Bitcoin Is Unexpectedly Bearish

At press time, bitcoin is trading for just over $8,400.Bitcoin: Bearish All Over Again?This figure marks a drop of roughly $700 over the past few days. The currency is incurring some very strange behavior as of late, though there doesn’t seem to be much of an explanation regarding why this behavior is happening.Let’s start off with the basics. To do this, we must go back to the end of October, when bitcoin was really trapped in a rut following the disappointing opening of Bakkt and the Mark...

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Jed McCaleb Discusses His Long Crypto Journey

Jed McCaleb is the co-founder and CTO of Stellar, a top 20 cryptocurrency and primary competitor to bitcoin. In a recent interview, McCaleb explains how he got his start in the crypto industry, and what it was about the space that attracted him.MCCaleb: I was Interested in BTC Because It Was a DisruptorMcCaleb comments that he’s fond of crypto in that it works to defy and disrupt traditional finance, which he says doesn’t always work for everyone. Describing his feelings when he first found...

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