Crypto news

Buying the dip is easier said than done. When an asset moves lower, the tendency for those who were waiting for the breakdown is to freeze and fail to press the buy button. However, Alex Mashinsky, chief executive of Celsius Network, strongly urged his followers to go out and buy the big bitcoin dip. Celsius Network CEO: ‘We Will See a Surge to New Highs’ In an August 23rd interview on CNBC, the top honcho predicted that we’ll drop to $8,000 levels before rallying back up. Start watching...

The initial public offering (IPO) for Peloton Interactive Inc., was launched yesterday with the hopes that the offering will bring much-needed growth to the company which has consistently been recording losses for a while. As we reported yesterday, Peloton announced that it will be offering 40 million shares of its Class A common stock on the Nasdaq, priced at $29 each, in an effort to raise about $1.2 billion. However, Peloton (PTON) investors ended the day disappointed as trading didn’t at...

Marcus Treacher, a senior executive at blockchain cross-border remittance giant Ripple is seemingly kicking-off a modern “cola war” with their emerging rival Libra, Facebook’s controversial cryptocurrency. Treacher, the head of Ripple’s strategic accounts globally, criticized the so-called Facebook cryptocurrency for being “a walled garden.” The executive stressed that only a handful of big players, including Facebook, Visa, MasterCard, Uber, and PayPal, practice excessive control over...

Libra Association Managing Director Bertrand Perez said on Friday that the Facebook’s cryptocurrency Libra, that should be launched by a Geneva-based association next year, is not intended to replace existing currencies. He said:“We are not in the area of implementing any monetary policy with the (Libra) Reserve.”This confirms what Libra’s CEO David Marcus was speaking back in July at the hearings when he kept stressing that Libra is not an investment and it doesn’t want to conquer the...

Photo: PixabayGood news for Telegram users: the company has developed a wallet for Gram, the native cryptocurrency of the TON Blockchain created by Telegram.Currently, the wallet is available in the alpha version of the Telegram messenger for iOS and functions in the TON testnet. According to the developers, its design is still in progress, and after everything is finished, the wallet will be available in the mainnet as well.Meanwhile, the date of the launch on the mainnet is unknown....

SEC Commissioner Hester Peirce, also popular as ‘crypto mom’ for her crypto-friendly news, once again spoke in favor of digital assets during the recent cryptocurrency compliance Dacom summit in New York hosted by Solidus Labs today. Peirce spoke in details about SEC’s views on digital currencies saying that regulators are currently active extremely ‘paternalistic’. Besides, she also had an extensive discussion on different measures the agency can take to improve regulations.She stated that...

Leading mobile market data firm App Annie has acquired Libring which is a mobile analytics firm. This, of course, has created a new paradigm where mobile market data and mobile analytics are presented side-by-side in one singular platform. This was revealed by CEO Ted Krantz in a blog post.Being the global initiator of mobile app market data, the firm has decided to rebrand itself alongside its recent acquisition to bring forward the real-time advantages of such a system to both mobile app...

Just when it seemed like it could not get worse for the Bitcoin HODLERS, the BTC price plunges further. According to data from Messari, BTC dropped below a key support level of $8,000, touching the $7,800 mark. As we published earlier, the BTC price plunged by over $1,000 to settle below $8,500. Now another support has been breached.The biggest crypto has now entered the $7,000 region for the first time since June amid a severe $30 billion sell-off in the crypto market. In just 5 days, the...

As the newest addition to the World Leading Enterprise Technology Conference series, the 5G Expo North America will examine the next steps in terms of monetisation. It will bring together the key players in the industry and explore the future of high-speed mobile networks.The 5G Conference and Exhibition will be co-located with the leading IoT Tech Expo, the largest Blockchain Expo, Cybersecurity & Cloud Expo and Ai & Big Data Expo. With 350+ exhibitors, 500 speakers,13,000 attendees...

On Thursday, Tesla rolled out its new software update with a whole lot of new features for its Model S, Model X, and Model 3 owners in the U.S.Among other features, you can find in-car karaoke, entertainment services like Netflix and Hulu, and a feature (for really lazy ones) that lets customers call their cars like they’re summoning a dog – no driver required.Of course, customers who paid for the Full Self-Driving option are higher up on Tesla’s list of priorities, and for them, there will...