Crypto EcoBlog
It appears that the British Prime Minister Boris Johnson has entered a dew deal with the European Union over Brexit. Sources indicate that the deal came on the sidelines of a meeting in Brussels of EU leaders. Although the legal context of the deal isn’t yet clear, the British Prime Minister has already indicated via a tweet that the deal gives control back to the British.We’ve got a great new deal that takes back control — now Parliament should get Brexit done on Saturday so we can move on...
Read More »Telegram to Delay TON Launch for Six Months due to Issues with SEC
Telegram has informed its investors that the TON blockchain project will be launched later than it was previously planned, six months later, exactly on April 30, 2020.In an email to investors Telegram said it had a lot of problems and ‘run-ins’ with the Securities and Exchange Commission (SEC), that came by with the restraining order made to forbid this messenger app company from launching TON and issuing its Gram tokens. SEC decided to treat Grams as unregistered securities.This email...
Read More »Fed Official Confirms that the U.S. Central Bank Is Actively Considering Digital Dollar
On Wednesday, October 16, a top official from the Federal Reserve confirmed that the Central Bank of the United States is actively evaluating the possibility of issuing a digital currency. This report comes amidst the growing fear that the U.S. Dollar will lose its prestige and value of being the world’s reserve currency.Rob Kaplan, the President of the Federal Reserve Bank of Dallas, was speaking at a local business event in Austin, Texas. Addressing the audience, Kaplan said:“We have not at...
Read More »‘There is No Status Quo Option for Libra,’ Says Facebook’s David Marcus
Some of the most important personas in FinTech and banking spoke on Wednesday at the IMF’s ‘Big Tech and the Future of Finance’ seminar, part of its annual meeting.Among them was Calibra’s CEO David Marcus, Bank of England governor Mark Carney, Infosys founder Nandan Nilekani, and Havard economic professor Jason Furman. They spoke about digital payments, stablecoins, and of, course, Facebook’s Libra cryptocurrency.The role of big technological companies as is Facebook itself breaking into the...
Read More »EOS Price Analysis: Key Support Nearby But Bias Turned Bearish
EOS price is down more than 10% and it broke the key $3.040 support area against the US Dollar.The price even traded below the $3.000 support area and tested the $2.820 support zone.There was a break below a major bullish trend line with support near $3.110 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains at a risk of more losses if there is a close below the $2.800 pivot level.EOS price is showing bearish signs against the US Dollar and bitcoin. The price...
Read More »Litecoin (LTC) Price Analysis: Bears Eye Losses Below $50
Litecoin price started a sharp decline after it broke the key $56.20 support against the US Dollar.LTC price is now trading well below the $55.00 and $53.75 support levels.There was a break below a crucial contracting triangle with support near $56.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides if it fails to stay above the $51.00 and $50.00 supports.Litecoin price is declining and trading below $55.00 against the US Dollar,...
Read More »“Save Yourself” BTC Malware Is Doing More Damage These Days
Bitcoin has grown exponentially over the past year or so, and this has made many hackers and malicious actors want to target cryptocurrency owners. Now, a new strain of bitcoin-based malware entitled “Save Yourself” is making the rounds, and while analysts have been warning enthusiasts about it for the past week, it seems to be much worse than originally thought.How to “Save Yourself” from MalwareSave Yourself has been here for some time. Originally, it was a form of malware designed to...
Read More »You Can Now Pay for Hotel Rooms in Europe and Canada with BTC
Do you fancy taking a luxury vacation? Are you a cryptocurrency fan? Well, now you can put your two loves together by paying for these luxury hotel rooms with bitcoin.A Hotel with Bitcoin: Times Are ChangingSeveral hotels in Europe are now accepting digital currency as a means of paying for rooms. Vacation takes a lot of planning, and sometimes it’s easy to forget to bring cash (or to convert your cash into the fiat of the country you’re visiting). In addition, if you don’t have an American...
Read More »Bitcoin Disappoints with Another Drop Into $7,000 Range
Oh, bitcoin… Why must you always put us through this? At press time, the asset has fallen back down into the $7,000 range. Granted the price is still in the higher section – $7,960 – but it’s still a significant drop from yesterday, when bitcoin was trading for around $8,100.Bitcoin Is Once Again Falling from GraceWhat this tells us is that the currency, despite all its past resilience, is unable to maintain the momentum it briefly had following the cryptocurrency bloodbath of late September....
Read More »League of Legends Creator Riot Games Unveils Six New Titles and Plans to Dethrone Blizzard
On Tuesday, October 15, gaming development giant Riot Games celebrated the 10th anniversary of its popular video League of Legends. On this occasion, Riot Games games unveiled its big plans for the future with six new titles. The gaming giant plans to take on its competitor Blizzard Entertainment by expanding its highly successful flagship game MOBA.This couldn’t have been a more opportune time for Riot Games after Blizzard has been under negative news after last week’s Blitzchung ban...
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