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Tag Archives: News

Deutsche Bank Gives Reason behind Stock Market’s 10-Year Bull Run, Bear Market Is Imminent

Over the last ten years or so, the American stock market has been performing quite impressively, with continuous rises in its general bull run. Since 2009, companies – notwithstanding price drops over smaller periods – have been doing better with time, on average. German multinational investment and financial services firm Deutsche Bank AG has now revealed the driving factor behind this decade-long bull run.According to a tweet from market analyst Holger Zschaepitz with German media company...

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Blockchain Accelerator Tribe Backed by Singaporean Government Raises $16M for Startups

Tribe Accelerator, that is a blockchain accelerator backed by the Singaporean government, has raised 25 million Singaporean dollars which is roughly about $16 million for startups that are presented on its platform. Sources indicate that the accelerator revealed this in a press release yesterday and that about $28 million in total has been raised so far for startups that employ blockchain technology to revolve issues that the world currently faces. The accelerator further revealed that the...

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Binance Acquires Decentralized Blockchain Startup DappReview for Undisclosed Amount

“By working with Binance X [the company’s developer network] and Launchpad, DappReview will bring in more talented Dapp developers and assist promising Dapp projects on fund-raising. A lot more exciting synergies with Trust Wallet, Binance Research, etc. DappReview will partner with the public chains and protocols in the Dapp space through Binance’s ecosystem.”Niu further added that by Q1 2020, DappReview is planning to release a new set of analytical tools and products. Besides, this...

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U.S. Cyber Monday Sales Hit Record with $9.4 Billion

Consumers in the United States made it again. The record for Cyber Monday was hit and it amounted to $9.4 billion spent or 18.9% year-over-year growth, according to preliminary data by Adobe Analytics.However, most of the buyers didn’t wait until Monday to start shopping since retailers started sales earlier in the month, just after Thanksgiving and Black Friday. As we have already reported Black Friday online consumers spent $7.4 billion.Among the winners of this holiday season are Best Buy,...

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SoftBank Unleashes SBC Wallet Cards Featuring Built-In Blockchain Wallet

The current roller-coaster that has hit the crypto space does not seem to prevent new investments in the industry. In that connection, Tokyo-based telecommunications conglomerate SoftBank has introduced a new bank card. The firm says that it can be used either as a traditional debit card or blockchain wallet.According to a December 1 press release, SoftBank has come up with a debit card that has a built-in blockchain wallet functions. This milestone development was made in partnership with...

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Waves DEX Foregoes Total Decentralization and Is Migrating to a Hybrid Model

In what seems like migration for the future, sources have indicated that Waves, a popular decentralized cryptocurrency exchange, has shut down its operations on its decentralized platform and is migrating to a new hybrid-based system that is intended to combine the best of both worlds. The exchange indicated this yesterday in a press release stating that it is shutting down operations on the old website and is shifting to the new Waves.Exchange site where the development of its hybrid model...

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Apple to Bring Mini LED Technology to iPad and MacBook by Late 2020

Apple Inc. has gained a strong foothold in the smartphone and computing industry through its high-quality products. Whether it be iPhone, iPad or the Mac, Apple has always put special attention to its display technology and invested billions of dollars over the course of the last few decades.Recently, popular Apple analyst Ming-Chi Kuo stated that the Cupertino-based tech giant will switch to mini-LED technology in the next one year. As reported by 9to5mac, Kuo predicts that Apple will bring...

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Ethereum Member Virgil Griffith Released from Jail Pending Trial

Ethereum developer and a research scientist Virgil Griffith, who was last week arrested in Los Angeles, will be released from jail until trial. It was told by Brian Klein who acts as his defense lawyer.Just for reminder, Ethereum Foundation staffer Griffith has been arrested for reportedly going to a blockchain conference in North Korea where he wanted to share his knowledge of using cryptocurrency. However, such a move is said to violate the U.S. sanctions law.John Demers, an assistant...

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Tron (TRX) Price Analysis: Risk Of Fresh Decrease Below $0.0150

Tron price is struggling to clear a couple of important resistances near $0.0160 against the US Dollar.TRX price is currently trading above the $0.0152 and $0.0150 support levels.There is a key bearish trend line forming with resistance near $0.0160 on the 4-hours chart (data feed via Bitfinex).The price could start a fresh decline if it fails to surpass $0.0160 and $0.0614.TRON price is currently consolidating below key resistances against the US Dollar and bitcoin. TRX price must break the...

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Ethereum Price Analysis: ETH Approaching Next Key Break

Ethereum price is facing a few important resistances near $152 and $158 against the US Dollar.ETH price is currently trading below $150, but also holding the $148 support area.There is a major breakout pattern forming with support near $148 on the 4-hours chart (data feed from Coinbase).The price could either rally above $152 or it might start a fresh decline towards $138.Ethereum price is likely setting up for the next key break against the US Dollar. ETH/USD must climb above $150, $152 and...

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