When last year in November, a documentary series episode from Netflix called “The Next Pandemic” came out – nobody actually didn’t give it too much importance. However, only a month after – boy, how it started to be popular. The episode describes the ways how viruses are spreading and evolving into epidemic situations.The story starts with traveling across India, Egypt, the Democratic Republic of Congo, the United States and explains historical cases of pandemics like it was the Spanish flu...
Read More »Tesla Stock Outperforms Bitcoin as It Gains 10% after Impressive Earnings Report
Tesla stock is beating Bitcoin – and when we say “beating” we mean it. Bitcoin investors are surely not happy with this fact that Tesla is outperforming Bitcoin (except if they didn’t invest in Tesla as well). If we look at the exact figures starting from January 1, the Bitcoin price rose around 30% while Tesla went 38% up.New Record – AgainTesla stock wasn’t like this all the time. Just for the reminder, in November, when the famous Cybertruck was revealed (and smashed, but hey every PR is a...
Read More »Switzerland Town of Zermatt Permits BTC Tax Payments
Switzerland has always been one to open its heart to bitcoin and cryptocurrencies. In its latest maneuver of “digital love,” the ski resort Zermatt – based in Switzerland – has announced that it will now allow its residents to pay taxes in BTC.Zermatt Is Taking a Big Digital Step ForwardZermatt is a very small town, consisting of just over 5,000 souls, but that doesn’t mean it can’t make a difference in the world of digital finance. Bills for government services, work permits, and taxes can...
Read More »John Bollinger: The Bitcoin Bear Reversal Is Not Quite Complete
As we’ve been witnessing since the beginning of January, bitcoin has been on a very serious roll. It’s shot up nearly $3,000 at the time of writing, beginning the month at a measly $6,900 and then firing up to approximately $9,300.Bitcoin May Not Be Out of the Dark Just YetWhy then, are there certain individuals afoot who still don’t think the currency is in great shape? While they acknowledge that bitcoin is doing well and potentially picking itself up out of the doldrums it experienced at...
Read More »China’s Digital Currency Finally Begins to Take Shape, More Details Released
China’s CBDC – digital Renminbi – will be fully centralized, going by a report published by Huatai Securities, a financial services company.Though a date is yet to be announced as to when the digital currency will be officially launched, the recent revelations made about it points towards a release that could be sooner rather than later.How the China’s CBDC is Expected To WorkThe major stakeholder in the currency is China’s Central Bank and under its supervision, the digital Renminbi will be...
Read More »Wuhan and the Whole China Lost Tech Giants Like Microsoft, Google, Amazon
Google is starting a painful process of eliminating direct contact with key people in Wuhan, and across China. FAANG members officially closed four offices thanks to the virus. It is spreading fast, and the companies around the world understand that they have to act quickly.Numerous Companies Flee Away Because of Virus, Economic Freeze is OngoingGoogle is banned in China, but the locals are working as marketers, sales engineers and so on. They do not develop the local version of Google, they...
Read More »Bitcoin Continues to Surge; Will It Hit the Five-Figure Range?
Bitcoin is continuing to surge and has surpassed the $9,300 mark in another big jump.Bitcoin Is Surging to November NumbersMany are wondering if $10,000 is around the corner. According to some analysts, the answer is “yes.” Bitcoin and gold are continuing their incessant jumps and don’t appear to be stopping anytime soon, and some argue that the currency could hit the five-figure range in the immediate future.One such person is Adam Vettese, a market analyst at popular crypto exchange e-Toro....
Read More »H&M Appoints New CEO and Marks Its First Annual Profit Rise Since 2015
Swedish multinational clothing-retail company H&M has appointed a new CEO. As a part of a complete board reshuffle, former chief executive Karl-Johan Persson stepped down. The new CEO is Helena Helmersson, who was previously the head of operations. Notably, Helmersson is the first female chief executive officer of the fast-fashion pioneer.Now Karl-Johan Persson will succeed his father, Stefan Persson, as chairman of the supervisory board. The change came after his father Stefan said he...
Read More »CoinFLEX Launches BracketWars Trading Competition
CoinFLEX, the first physically-delivered Bitcoin futures exchange, has officially launched its competition platform, called BracketWars. The competition features a trading order type called “brackets” catering towards scalp traders.The news comes on the heels of CoinFLEX’s revamp of its maker/taker program, FLEXMaker, which blends staking of the FLEX token into the exchange’s low-fee DMM model.It’s quickly becoming evident that institutional interest and large trader aspirations are to settle...
Read More »XRP Price Could Reach $14 Breaking Out from Two-Year Bear Market
XRP, that is widely used by Ripple Labs in its advanced solutions, is on the verge of breaking out from the downtrend resistance that got it hooked at low prices for more than two full years of the bear market.The crypto world has been dominated by headlines of the imminent rise of the XRP within the last couple of hours. People are anticipating a breakout from the asset that could produce a huge shock to the crypto market with fast and massive gains that could raise the XRP price to as high...
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