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Tag Archives: News

Bitcoin Price & Technical Analysis: BTC Rally Seized

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe application for launching the ETF for the BTC called back againCME Group started trading options for the BTCOn W1 of the Bitcoin, there begin ascending dynamics after a breakout of the resistance line of the 6-months descending channel. It is too early to say this impulse can renew the high. First of all, we should consider a move to the long-term resistance line at $11500.00. All said above, the Stochastic and MACD...

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Cryptocurrency Prices Rally towards Double Digit Gains in 2020

The cryptocurrency market has started 2020 with a huge bang, expanding by an impressive 23% within the first two weeks of the year. The overall market capitalization of the cryptocurrency market – a measure of the size of the market – has grown from $192 billion at the start of the year, to well over $240 billion by the middle of January.BitcoinLeading the pack is Bitcoin (BTC), which constitutes more than 65% of the overall market size. Going from just under $7,200 at the end of 2019 to a...

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Ripple CEO Brad Garlinghouse Explains Why XRP Cannot Be a Security

Ripple CEO Brad Garlinghouse has once again spoken about XRP and why it should not be classified as a security. XRP is the third-largest digital asset by market cap currently trading at $0.227. The asset has, however, had a rough time with regulatory authorities on the topic of its proper classification. While there has been no official ruling yet, the CEO is unwavering about XRP’s status.The XRP LawsuitFor a while now, Ripple has been stuck in a class-action lawsuit to determine XRP’s...

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App Stores Break Records Globally in 2019: 204B Downloads and $120B Spent

App stores have broken records. Users set a record of 204 billion downloads in 2019. This is up 6% from 2018 and 45% from 2016. $120 billion was spent on subscriptions “in-app” by users. The average user is spending about 3.7 hours daily using apps. App Annie’s State of the Mobile report has indicated this recently. The report demonstrates mobile app usage trends and also forecasts future data.According to the report, emerging economies led to this growth. India, Brazil, and Indonesia are...

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Mobileye Views Robotaxi Services as Its Chance to Surpass Waymo and Other Big Players

The global leader in the development of vision technology for Advanced Driver Assistance Systems and autonomous driving Mobileye has long been competing with such companies as Waymo, Velodyne Lidar, Oryx, and more. And there is no surprise as this industry requires a quick reaction to constantly changing demands. Mobileye aims to surpass Waymo and other players, therefore, the company is bringing the big guns. Mobileye has decided to deploy commercial robotaxi services and focus more on its...

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Craig Wright Claims Arrival of Bonded Courier, Kleiman Estate Says It’s BTC Addresses List

Through a bonded courier, Craig Wright has delivered what should be the key ingredient for access to the controversial Bitcoin vault. As the case between Wright and the Kleiman estate has raged on for a while, the crypto community expected that this means the case is one step closer to resolution. However, this is not the case as the Kleiman estate has called Wright out on another case of foul play.The Bonded Courier from Craig WrightLast year, the case between Wright and the Kleiman estate...

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Ripple Dealing with Lawsuit in California that May Shed Light on $500B XRP Crypto Market

If Judge Phyllis Hamilton will decide that Ripple is breaking the U.S. law with its token offerings, this could tank the 500 billion economy to the bottoms of the cryptocurrency market, after possible panic-sell.On 4 December, Ripple had asked the Chief District Judge Phyllis Hamilton of the Northern District of California to dismiss the case against cryptocurrency. The representatives are saying that the lawsuit sent to court by the angry Ripple investors is not relevant. Because there was a...

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New Samsung Galaxy S20+ Leak Shows 120Hz Display and No Headphone Jack

Samsung and Apple love to fill the internet with leaks and “secret” footage of their new upcoming phones, just a shy weeks before the actual event. This helps to draw global attention and to highlight some of the groundbreaking features that everybody has been waiting for. This time, Samsung Galaxy S20+ will offer a more powerful display, a better battery, fast charging, huge amounts of RAM and possibly the most unexpected, but at the same time, the most expected – they’re getting rid of the...

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NBA’s Sacramento Kings Launch Auction Platform on Ethereum in Partnership with ConsenSys

NBA Basketball team Sacramento Kings has recently joined hands with blockchain software development studio ConsenSys for its new sports gear auction platform. On Tuesday, January 15, Kings announced its Ethereum-based live auction platform.Thus, fans can bid live for different in-game sports gear using Treum, a ConsenSys-backed supply chain product. The use of Ethereum blockchain will also ensure that every auctioned item is genuine and authenticate. Furthermore, it will also allow for a...

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Possible Ban of Nike Super Shoes Boosts Share Prices of Its Japanese Rivals

A potential ban of Nike super shoes is frustrating athletes. However, the ban of super shoes as they are called is already causing stock prices of Japanese rivals to rise. Shares of Japanese footwear maker Asics Corp. rose by about 8% on Thursday. Prices then settled to an average of about 4.7 %. This occurred after sources said that World of Athletics was considering banning Nikes Vaporfly shoes. The shares of Mizuno Corp. which is another competitor rose as high as 1.6%.Nike’s Vaporfly Next...

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