Tag Archives: News

In its bid to create a seamless, effective and transparent ticketing experience for its fans this season, professional UK-based cricket team Lancashire cricket team, has joined forces with blockchain ticketing service provider, TIXnGO on a new ticketing experience.Tapping Blockchain Technology for Transparency and EfficiencyAccording to a report by industry magazine TheTicketingBusiness, the tickets would be unique in so many ways.Apart from being traceable to the owner, a ticket is also...

A new kind of bitcoin exchange-traded product (ETP) is available for enthusiasts and hardcore traders to enjoy. Switzerland-based venture Amun AG has unveiled its new 21Shares Short Bitcoin ETP set to be traded on the Swiss SIX Stock Exchange.Amun Has Set Its Sights on Predicting Bitcoin’s Next MoveThe Short Bitcoin ETP is a tracker that claims to monitor the “opposite performance” of bitcoin. In other words, wherever bitcoin is going at press time – either up or down – the product will...

Elon Musk is weighing in on cryptocurrency and bitcoin, and while he sees promise in the space, he doesn’t think it’s all it’s cracked up to be.Musk Is Split Down the MiddleThis is an attitude most enthusiasts and Twitter followers could likely expect from someone like Musk. While the man has played a role in the community, that role hasn’t been particularly significant, and his contributions have been more speculative than straight-up valuable at best.In a recent interview, he states that...

It looks like bitcoin is beginning to lose some of the momentum it first gathered at the beginning of the month.Bitcoin Is Traveling SouthThe world’s number one cryptocurrency by market cap is currently trading for just over $8,300. This marks a nasty fall from yesterday’s high $8,600 range, which it had managed to sustain for several days. To be fair, however, most of the cryptocurrency space is trading at dismal numbers, with entities like Ethereum, Ripple and Litecoin all having fallen by...

Blockchain firm Bakkt stole the show at the sideline of the World Economic Forum (WEF) held in Davos Switzerland by announcing the launch of its new consumer application that would look very much like a fintech app such as PayPal offers. Moreover, it will support all forms of digital assets, in addition to cryptocurrencies.Bakkt, the physically-settled Bitcoin Futures exchange created by the Intercontinental Exchange (ICE), is changing the way and manner in which crypto assets are perceived...

The possibility of a digital dollar is one of the topics being discussed at the World Economic Forum (WEF) in Davos, Switzerland. Attendees at the forum are discussing the utility and advantages that a digital dollar could bring.Digital Dollar in Response to China’s Digital YuanOne of the reasons many people are calling for a digital dollar is the digital yuan. At the moment, and as far as national digital currencies are concerned, China is blazing the trail. Chinese authorities have noted...

The leaders of the European council and commission, Ursula von der Leyen and Charles Michel have signed the Brexit agreement in Brussels. It happened seven days before the agreements will gain full juridical force.The House of Commons submitted the initial draft of Brexit docs and then rejected the corrections made by the ‘oldies’. The powerful youth said that the bill must pass without changes, and the Lords gave up. After House of Lords’ approval, the bill is receiving the royal assent on...

The leading manufacturer of office equipment Xerox is officially launching a hostile takeover to acquire computing giant HP. According to Xerox, the company will start with nominating 11 independent candidates during HP’s annual stockholders’ meeting in April. If elected, the new board will make it easier for Xerox to acquire the PC manufacturer.The decision to play hard resulted from HP’s rejection of Xerox’s takeover bid. The price at which Xerox valued HP made up $33.5 billion. However, HP...

Tesla stock has made a lot of headlines recently. Former presidential candidate and political activist Ralph Nader is not as pumped about Tesla as the rest of the market. In fact, Nader believes that Tesla is the spark that will burn the stock market, leveling it to ashes. On Wednesday, Nader took to Twitter to warn the general public about Tesla’s recent surge, suggesting that it’s unsustainable.Ralph Nader Predicts Tesla Spells DoomIn a tweet on the 22nd of January, Nader said:“When the...

The financial markets in China and other parts of the world are currently on edge because of the coronavirus. As China tries to curb the spread of the deadly disease, it has also restricted movement in the country, sparking national outrage.China Enforces Travel RestrictionsChinese officials have now put a blanket travel ban on more than 10 cities. Authorities have also forced all travel agencies to temporarily discontinue all offered travel plans, whether domestic or international. The...