The U.S.-based provider of shared workspaces for technology startups and services for other enterprises WeWork sells Managed by Q unit acquired earlier this year. As the company’s spokesperson stated, the sum of purchase made up about $220 million at that time, however, now the deal will cost less than a quarter of this price.According to Bloomberg, the decision to sell Managed by Q results from WeWork’s need to cut its costs and unload assets. Currently, WeWork is in private talks with...
Read More »Apprehension on Ethereum as ICO Investor Supposedly Moves 300,000 ETH
Yesterday’s article emphasized the extreme overselling of the market and, therefore, the high probability of the appearance of discount hunters. And they appeared.The news of the day is that of apprehension over Ethereum, as an ICO investor allegedly moves 300,000 ETH.The recent movement of funds from an early participant in the Ethereum ICO is causing some apprehension in the Ethereum market. Over the past few months, the account has transferred about 300,000 ETH to exchanges. A few days...
Read More »U.S. President Donald Trump Impeached by the House, Stock Market Investors Aren’t Worried
U.S. President Donald Trump becomes the third president in history to be impeached by the House. The announcement came on Wednesday, December 18, when the Democrats voted for two articles – obstruction of Congress and abuse of power.This historic vote comes after the House Democrats conducted an inquiry into Trump’s dealings with Ukraine. The impeachment process isn’t over yet though. The proceedings now move to the Senate for the next trial. Thus, the Senate holds the final decision if it...
Read More »Lukka Taxation Software Launched by Private Company, IRS, CPA
On the official website of Lukka, users can create personal taxation accounts, and import the history of deals. Exchanges often give users the possibility to export all the operations in a convenient XLS or JSON file. Importing the data to Lukka will allow the user to report directly to the IRS, with Lukka accountant’s brief support. Lukka has CPA.com as their partners.Those guys are a separate entity working in the jurisdiction of the American Institute of Certified Public Accountants. They...
Read More »Bitcoin Price to Cross $20,000 in 2020, Says Blockchain Capital
It has been two years now that Bitcoin price hit its all-time high of $20,000 in December 2017. Since then it has been a tough ride for Bitcoin investors as the world’s largest cryptocurrency lost 80% of its value in 2018.In April 2019, the crypto market along with Bitcoin revived as the BTC price surged from $3500 levels to go above $13,500. This price surge brought some renewed optimism among crypto enthusiasts. However, Bitcoin has been again moving sideways facing downward pressure since...
Read More »Bitcoin Prices Rise Again Above $7,000
In what seems like an unexpected resurrection, Bitcoin prices have rebounded above the psychological level of $7,000 indicating a resurgence despite waning market sentiments. Many within the crypto space had thought that this was the beginning of the end for Bitcoin prices without realizing that Bitcoin prices will rise again and also that the dip below $7,000 was temporary.This price drop, however, raised concerns among many within the cryptospace as this dip was the lowest since Bitcoin...
Read More »Financial Authority AMF Selected First in History Legal French ICO Firm
The Autorité des Marchés Financiers (AMF) have discovered the project that is worth listing as the safe one. The company with a straightforward name “French ICO” aims to help people fund other projects using tokens.The token authors were applying for a visa according to the PACTE law. It prescribes ICO founders to send out a document with a detailed description of their ideas. The doc must contain relevant information, statistics, PR information and such. The information should contain no...
Read More »Bitcoin Price & Technical Analysis: Sellers Won’t Leave BTC
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe liquidation of PlusToken assets could drop the BTCOnly BTC survives – CNBCOn W1, the Bitcoin dynamics are even inside the current descending channel. The quotations are aiming at the long-term minimum of $3121.90. The resistance is at $8500.00.On the MACD and the Stochastic, there is a Black Cross in the red area of the first one and a Black Cross and an escape from the overbought area on the second one. These signals...
Read More »Bakkt Bitcoin Futures Breaks All Time High at $45.56 Million
Bitcoin price has jumped back above $7000 gaining over 7% in the last 24 hours. This price jump in Bitcoin is reportedly due to a massive spike in the Bakkt Bitcoin Futures volume. Thus, despite the Bitcoin price volatility, institutional trading for Bitcoin seems on the rise.A Twitter handle dubbed Bakkt Volume Bot has highlighted this rise.∙ Today's volume so far: 6312 BTC ($45.56 million)∙ Last traded price: $7,218∙ Trading day progress: 83%∙ Current daily Bakktarget™: 6994 BTC ($50.48...
Read More »EOS Price Analysis: Primed For Bullish Reversal Above $2.50
EOS price is recovering nicely from the $2.149 monthly low against the US Dollar.The price is up around 10% and it even tested the main $2.500 resistance area.There is a crucial bearish trend line forming with resistance near $2.480 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to move into an uptrend if it settles above the $2.500 resistance area.EOS price is showing a lot of positive signs against the US Dollar, just like bitcoin. Still, the price...
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