Crypto news

For a brief period early yesterday morning, bitcoin was trading over the $9,000 mark. This is the first moment bitcoin has struck such territory in over two months.A Bitcoin Soft Fork Is ComingNow, however, the world’s number one cryptocurrency by market cap is trading for a measly $8,600. While this isn’t necessarily bad – especially when considering where the currency has traded before – it does mark a $400 drop for the digital asset in approximately 24 hours, and many are wondering if it’s...

Ever since the geopolitical tensions in the Middle East where top Iranian military commander Qassem Soleimani died, the incident is the main explainer for why gold reached six-year highs. Now when in the recent days the Swiss Franc is surging, Goldman Sachs Co-Head of Global Foreign Exchange Zach Pandl believes it could be because it may be being used as a proxy for gold. He says that CHF follows gold in terms of price swings. Pandl said that on Monday morning it was trading around...

Changpeng Zhao advocated for storing your crypto assets on a trusted centralized exchange after Peter Schiff lost access to his BTC holdings. Last year, Binance was hacked but the exchange covered all losses. There are still numerous reasons why you should store your own coins. Not your keys, not your coin. This is a phrase commonly tweeted by hardcore crypto investors. It means that if you don’t control the keys of the wallet, you don’t control the cryptocurrency....

The cryptocurrency market was particularly volatile in the last few weeks. Bitcoin SV stands tall today with a serious increase of over 20% in the past 24 hours alone. At the time of this writing, BSV trades at around $307.BSV has been on a rollercoaster throughout the past seven days. On January 15th, it reached a new all-time high of $413. At that time, news broke that Wright doesn’t have access to the private keys needed to access 1.1 million bitcoins, part of the popular Tulip Trusts....

Easily one of the world’s richest people, Bill Gates says charity is the best way to spend his money. According to the entrepreneur and philanthropist, there really is no better way to spend the amount of money a billionaire makes.In a recent CNBC report, Bill Gates says that figuring out the best way to spend a ton of wealth can be pretty challenging. The report suggests that this could be a lot more challenging than the benefit of being able to buy anything you want with the...

Oxfam International in a recent report has highlighted how deeply inequality affects the global economy. The charity says that the disparity in wealth distribution, especially as it relates to gender, is a huge problem. Oxfam also adds that this situation is worsening and needs to be curbed.Wealth DisparityThe report, called “Time To Care” exposes a few facts about the global economy. For example, 2019’s richest 2,153 people in the world were richer than the poorest 4.6 billion people...

BTC/USD is as of now exchanging at $8,623. Over the most recent 24 hours, the coin was in a solid bearish disposition amid falling instability.Bitcoin drove the digital money market on Sunday with a sudden short consolidation that surpassed the desired $9,000 without precedent for 2020. The price came to $9,000, yet the highest price level came to $9,194.99. Consolidating trends between $8,500 and $8,750 level are probably going to come first for the time being.The weekend session was very...

Last week on Friday, January 17, Google‘s parent company Alphabet hit the trillion-dollar milestone. Alphabet became the fourth public listed tech company to achieve this feat.Despite staying in controversy with the regulators over the issues of privacy concerns, Alphabet had a good show in 2019 in the stock market. The Alphabet stock surged nearly 50% in a single year thereby pushing the company’s growth.Apple Inc. was the first company to achieve the trillion-dollar milestone in 2018,...

Tomorrow, the business leaders and politicians from the globe are meeting at another session of the World Economic Forum (WEF), in Davos, Switzerland.This is the 50th anniversary of the event with a theme: “Stakeholders for a Cohesive and Sustainable World.” The annual economic gathering will run from January 21 until January 24.United Kindom Prime Minister Boris Johnson will not attend the World Economic Forum in Davos, Switzerland, Downing Street said on Monday. Johnson asserted that his...

Amazon, the company which once only focused on e-commerce, now is also a technology giant. But it just doesn’t stop there. Now the company has revealed its future plans to step into the financial game and wants you to pay with your hands not credit cards.Amazon is now working on a system with which customers might be able to pay for their items with their palms or hands. This system is specifically for physical stores so that people could purchase their items at checkouts much faster.This...