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Weekly Crypto Market Update: The Calm Before the Bitcoin Storm?

Bitcoin continues to lose ground, and the price has remained in the range into which it fell at the end of September when the last sharp correction occurred. It didn’t scare the market away, and money has continued to flow into altcoins which are starting to see a change in the trend. The altcoin market is showing positive signs, but we still don’t expect an “altcoin season” anytime soon.This week, the 18 millionth bitcoin was mined, and the halving is just around the corner. It will be...

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Crypto Price Analysis & Overview: Bitcoin, Ethereum, Ripple, Monero, Beam

BitcoinThe price was supported on critical levels as indicated in the chart. Meanwhile, it holds positively and produces higher lows that are technically healthy. However, it should be considered that a potential correction could set us back as far as $6,000. Support in the $8,000 range held this week. We saw a failed attempt to break above the 200MA and the upward trend stopped at $8,350.EthereumAgainst the USD, the price has been relatively stable since the last correction. Resistance is at...

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Opera Continues Bullish Crypto Mainstream Drive With Bitcoin Payments

Browser minnow Opera is ramping up cryptocurrency support for Android users in version 54, which has just been released on Tuesday. Among a host of other cosmetic improvements and a new UI, this latest release improves upon the current crypto wallet with support for both Bitcoin and Tron payments. Ethereum has been the staple payment option of the low-flying web browser for more than a year now; however, developers have heeded the calls in recent months for integration with other...

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Wird die Bitcoin-Börse Poloniex von chinesischen Investoren gekauft?

In Kürze ist die Kryptowährungsbörse Poloniex nicht mehr für amerikanische Kunden zugänglich. Derzeit gehört Poloniex noch zum amerikanischen Konzern Circle. Bald wird sie jedoch an Polo Digital Assets Inc. übertragen. Gerüchten zufolge wird dieses Unternehmen von chinesischen Investoren unterstützt. Justin Sun von TRON scheint ebenfalls involviert zu sein, obwohl er den Klatsch in den sozialen Medien...

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The First Eurasia Blockchain Summit Sees Turkey Becoming a Blockchain Powerhouse

Press Release ISTANBUL, Oct. 22, 2019The first-ever Eurasia Blockchain Summit, hosted by Huobi Group and Kemer Partners, was held last weekend and hosted a medley of local and overseas representatives to talk about a “blockchain revolution” already taking place in the region. 1,400+ attendees and 70+ speakers from leading blockchain companies, Turkish Government and banking sectors, startups, and media joined the discussion. The two-day event saw major companies disclose ambitions to...

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Visa, Mastercard Debuts New Buy Button to Make Online Checkout Great Again

Photo: Philip Taylor / FlickrIn what seems to be one of the biggest challenges to online payment processors such as Paypal, Apple Pay and a whole host of others, the biggest guns in credit card processing have decided to team up and implement their own single button-based checkout process. American Express, Visa, Mastercard, and Discover have decided to join forces to make checkout easier for consumers.Based on what the card industry refers to as Secure Remote Commerce (SRC) which is a...

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Gulfstream Unveils Luxurious G700 Business Aircraft to Challenge Bombardier

U.S.-based aircraft maker – Gulfstream Aerospace – is all set to take the competition higher with its rival Bombardier. On Monday, October 21, Gulfstream unveiled its long-range luxurious G700 aircraft, an upgrade to its previous G650. Gulfstream unveiled this aircraft at the National Business Aviation Association’s (NBAA) annual corporate aircraft show in Las Vegas.With the Gulfstream G650, the company enjoyed its dominant position for some time in the business jets segment, until Bombardier...

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McKinsey: Banks See Lowest Loan Growth in 5 Years

A potential global financial crisis has certainly been a hot topic for a while now. Predictions have been made by many businesses, and another one recently came from the McKinsey & Co. consultancy. The company reported that most of the world’s banks are not prepared to survive a potential downturn.Banks Are Not Ready?McKinsey’s annual review of the financial industry says that we have entered the late phase of an economic cycle.A significant decrease is experienced in the growth volume...

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Crypto Trader Slams Critic Peter Schiff as Bitcoin Outshines Gold by 83,300%

Peter Schiff is not afraid to make extremely bearish calls on bitcoin. It appears that the chairman of SchiffGold sees the cryptocurrency as a competitor of gold. Recently, the gold bug took to Twitter to share his gloom and doom prediction on bitcoin. Schiff sees a monumental bitcoin collapse | Source: TwitterThe Crypto Twitter (CT) community was quick to respond to Schiff’s ultra bearish stance. One that caught our attention was from bitcoin bull Rampage. The trader contrasted the...

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Luge Capital FinTech-focused VC Fund Valued at $85 Million after Recent Funding

Canada-based Luge Capital has recently secured fresh funding for its fintech-focused venture capital (VC) fund. Luge recently secured $10 million funding from iA Financial Group and BDC Capital which takes its fund value to $85 million. iA Financial Group is Canada’s giant financial services company with over $187 billion of assets under management. On the other hand, BDC Capital manages over $3 billion in funds as AUM.Headquartered in Toronto and Montreal, Luge Capital invests in early-stage...

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