Set for 12 May 2020, the Bitcoin halving is just 105 days away. Bitcoin price is steady at 8K-9K level.However, we should note that the same figure was named last week. Despite the fact that time is going forward, the halving event is not getting closer according to popular countdowns. It may be evidence of the decreased hash rate.Arcane Research, a Norwegian Cryptocurrency analytics company, published a study showing the growing demand among people who search in Google for ‘bitcoin halving’....
Read More »Ripple Describes Future of Payments for 2020, XRP Poised to Benefit
Ripple has said that blockchain technology and other fintech solutions will usher in the future of payments in 2020. In an official publication posted on Thursday, the company explains what the future of payments will look like. The publication also details events that are likely to unfold this year and how new technology will lead the way.In the Future Payments Will Be Faster and SmallerRipple is stressing that as time goes on, financial institutions and payment companies will have to...
Read More »Dow Jones, S&P 500 Crash Stock Market as Confirmed Coronavirus Cases Rise Above 2,700
The stock market is already reacting to the spread of the deadly coronavirus. So far, futures on the Dow Jones, Nasdaq as well as the S&P 500 have all plunged as the coronavirus continues to spread even outside of China. The general atmosphere in the stock market is a little bothersome for many investors. Authorities in China and other countries have yet to find a solution to the problem.Coronavirus Hits the Stock MarketThe Dow Jones futures plunged by about 1.6% while futures on the...
Read More »TikTok Rival from Vine Creator Called Byte Successfully Debuts on App Store and Google Play
Byte, a 6-seconds video-sharing app created by the co-founder of Vine, Dom Hofmann, has been launched on Apple‘s App Store and Google Play. Interestingly, Byte is now among the most downloaded apps in both stores despite the flaws it has. As such, the app could potentially meet its aim to rival ByteDance‘sTikTok, a video sharing platform valued at $75 billion.Byte Launches on Apple and Google StoresOn January 24, 2020, Byte was launched on Apple App Store and Google Play Store.Reportedly, the...
Read More »Bitcoin Price Is Trapped in Narrow Ranges after Volatile Week
Bitcoin, which is the largest digital asset by market capitalization, settled past the price level at $8,600 after a pullback to a price level of $8,217 on January 24.At the hour of composing, the Bitcoin price was trending on the level at $8,712 mainly unaltered from the start of the day.The digital asset market on Monday showed a trend in the bullish bias triangle. The Saturday bears did not lead to much movement, and several altcoins moved away from support levels and attempted recovery....
Read More »Google Will Take Fee for Sharing Users’ Personal Data with Government in 2020
It is somewhat strange that the famous postal secrecy law doesn’t work online. If you use a third-party e-mail provider, anybody can gain access to your data and secrets and sell them.Google wasn’t charging the lazy investigators in the past. The legal fee that Google is taking for giving the users’ e-mails and phone talks is rising only in 2020. Specifically, the NYT reporters got their hand on the document by Google saying they need to ”offset the cost” of compiling the information for the...
Read More »Former Employees of TRON Foundation Sue Justin Sun for Workplace Hostility
Fresh trouble brews up for the TRON Foundation founder Justin Sun as two former employees sued him on charges of workplace hostility. The two employees Richard Hall, 50, and Lukasz Juraszek, 28, filed a lawsuit in the state of California last October 2019.These two employees were part of BitTorrent, a decentralized file-sharing platform acquired by TRON back in 2018. In the court document, the two employees wrote of escalating hostilities which thus resulted in their termination in the summer...
Read More »Visa, BNP Paribas Invest $80M into Fintech Startup Currencycloud
Recently, the UK fintech startup Currencycloud ran a series E funding round. Among the participants were Sapphire Ventures, Notion Capital, Anthemis, Accomplice, and Google’s venture wing GV. All of them supported Currencycloud earlier. Besides, the startup boasted it had attracted new investors. Visa, World Bank arm International Finance Corporation, BNP Paribas, Siam Commercial Bank and former Softbank spinoff SBI Group joined the round and invested as much as $80 million.The round has...
Read More »Stellar Lumen (XLM) Price Sighting Crucial Bullish Break Above $0.060
Stellar lumen price is gaining bullish momentum above the $0.0550 resistance against the US Dollar.XLM price is likely sighting an important bullish above the $0.0600 resistance area.There is a key bearish trend line forming with resistance near $0.0592 on the 4-hours chart (data feed via Kraken).The pair start a strong rise once it settles above the $0.0595 and $0.0600 resistance levels.Stellar lumen price is showing many bullish signs against the US Dollar, similar to bitcoin. XLM is likely...
Read More »Ripple Price Analysis: XRP Remains In Uptrend And $0.25 Seems Imminent
Ripple price found support near the $0.2140 area and recently recovered nicely against the US dollar.The price seems to back in a positive zone above the $0.2200 resistance area.There was a break above a major bearish trend line with resistance near $0.2230 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue higher towards the $0.2440 and $0.2500 resistance levels in the near term.Ripple price is showing positive signs above $0.2200 against the...
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