Tag Archives: News

The past few days have seen the price of Bitcoin hovering above the 20 Moving Average (MA). Following an entire week of consolidation in a tight channel, the price of Bitcoin finally made a move on September 18. Many commentators predicted a downside move and they seem to have been correct all along as BTC lost 5% in an hour.The latest drop has made the crypto to plunge below the psychological $10,000 level to settle in the mid-$9,000 zone. The drop made the token to draw nearer to the 20...

EOS price climbed higher recently above the $3.850 and $4.00 resistances against the US Dollar.The price is currently correcting gains and declined below the $4.000 support area.There is a major bullish trend line forming with support near $3.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could decline further to test the $3.650 support area before it starts a fresh increase.EOS price is currently correcting lower against the US Dollar and bitcoin. However,...

The Microsoft Corporation (MSFT) has announced interesting plans to buy back up to $40 billion in stock and to also raise the dividends payable to shareholders by up to 11%. This new buyback plan, as well as the plans to increase quarterly dividends, could see shareholders receiving up to 51 cents per share.This is definitely not the first time that Microsoft has undergone a large buyback plan as its board did authorize two before now, with the first in 2013 and the previous one in 2016....

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysis.Launch of the BTC futures postponed again.The BTC price dropped to zero due to a technical problem.On W1 of the Bitcoin we can see a prolongued correction. The pattern still looks like a Triangle but is promising to turn into a descending channel. A breakaway of the resistance line may signal the end of the correction and the start of a new wave of growth. Securing above $11350.00 may confirm further...

Facebook sat down with the United Kingdom's finance ministry, the central bank, and other regulatory officials in what was presumably a pre-emptive move to win favor before announcing its own self-titled cryptocurrency, Libra. This new revelation comes from Reuters, which received the details from freedom of information requests and claims that the responses illustrate an intentional effort to garner support for Libra before its unveiling in mid-June. The social media behemoth reportedly sat...

Top features on NEO like on-chain and off-chain governance as well as Delegated Byzantine Fault Tolerance (DBFT) have already made it one of the more appealing blockchains for businesses and enterprises. Now, the project is adding additional features that improve functionality.What Is NEO3 Preview1?NEO3 Preview1 is the first look at some of the changes that are anticipated to occur when the project transitions from its current NEO2 protocol to NEO3. NEO3 TestNet, which was also released on...

Open banking fintech company Deposit Solutions received its latest financing round of just over €40m involving Deutsche Bank. Part-owner and German Venture Capital firm Finlab revealed this in a statement on Wednesday. As part of the financing round, the shares of the Fintech startup were revalued according to the International Financial Reporting Standards (IFRS) and the company is now said to be worth about €1 Billion.Last year, the startup also received a financing round of €100 million...

U.K based fund transfer service, TrasnferWise Ltd, has announced that in its last fiscal year, the company’s revenues recorded growth by more than 50%. TransferWise which is fully backed by Sir Richard Branson as well as Peter Thiel’s Valar Ventures, had its fiscal year-end on the 19th of March, which confirms the company’s three-year consecutive profit streak.TransferWise successfully pulled in 179 million pounds (about $223 million) in revenue which is an increase of more than half of the...

The world’s largest cryptocurrency exchange by trading volumes, Binance, said that it will launch its over-the-counter (OTC) trading platform next month. More importantly, Binance says that the OTC platform will provide gateways to deposit fiat currencies including the Chinese Yuan.In a media session at the Shanghai Blockchain Week on Tuesday, September 17, Binance’s co-founder and chief marketing officer He Yi said that the platform will support fiat-on-ramp through OTC for the Chinese...

LinkedIn, the largest social networking service for connecting career and business professionals, has rolled out a new LinkedIn Skill Assessments feature. With the new service, users are able to take tests to verify their skills and then add a ‘verified skill’ badge to their profile.Finding the #job meant for you just got easier. Stand out with LinkedIn’s new Skill Assessments: https://t.co/8GqnebwjLC— LinkedIn (@LinkedIn) September 17, 2019LinkedIn has conducted a research and found out that...