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Tag Archives: News

Bank of America Shuts Down PayPal ex-Executive’s Account

An ex Paypal official complained that Bank of America has notified him of shutting down his account soon without any explanation given. Actually, the bank did say it “carefully reviewed his banking relationship”, whatever that supposed to mean. Former Paypal’s CFO Roleof Botha said he was utterly surprised when he saw the notification about closing down his account. And, not just that, Bank of America was so kind so it gave Botha 30 days to “take his money and run”.After being a customer of...

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Lesotho Signs MoU with Crypto Platform Apollo to Develop Financial Infrastructure in Africa

Developed as an alternative means for monetary value transfer, Bitcoin was designed by its founder, Satoshi Nakamoto, to have blockchain technology as its backbone. Extremely efficient and economical, blockchain’s basic characteristics have allowed it to penetrate nearly every industrial and economic sector in the world.It is with these aspects of blockchain technology that Apollo brings its holistic cryptocurrency project and mission to the world.Apollo: All EncompassingLike the Greek deity,...

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Ford’s All-Electric Mustang Mach-E Sets Competition Bar High, Tesla Watching the Developments

On Monday, the American automobile giant Ford unveiled its new all-electric Mustang Mach-E SUV in a breakthrough announcement. The Mach-E SUV is pitched to revive the Ford Mustang legacy while simultaneously adopting the trend for next-generation electric vehicles.Needless to say, the first glimpses are quite stunning as the Mach-E sets up new precedence in the electric car industry. While taking the competition bar higher, the Mustang Mach-E will hit the streets next year in 2020.Ford’s...

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Universal Protocol Alliance and Bitcoin.com Exchange Prepare to Launch ‘Mega-Utility’ Token

Universal Protocol Alliance, a blockchain collective including Cred, Bittrex Global, Uphold, Blockchain at Berkeley, CertiK and OmiseGO, has announced the launch of the industry’s first “mega-utility” token, a digital asset that can be used throughout the cryptosphere.The token will launch on Bitcoin.com Exchange before being deployed by stakeholders across multiple verticals, from trading to lending. The news has been hailed as evidence of a concerted effort to unseat the crypto monopolies...

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Tron (TRX) Price Analysis: Back In Downtrend, $0.0150 Holds Key

Tron price is declining and trading below the key $0.0184 support area against the US Dollar.TRX price is under a lot of pressure below the $0.0175 pivot level.There is a key bearish trend line forming with resistance near $0.0181 on the 4-hours chart (data feed via Bitfinex).The price remains at a risk of more downsides towards the main $0.0150 support area.TRON price started a fresh decline against the US Dollar and bitcoin. TRX price is now trading well below $0.0184 and it could continue...

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Ethereum Price Analysis: ETH Breakdown Looks Real

Ethereum price is trading with a bearish bias below the $180 support against the US Dollar.ETH price is now facing a lot of hurdles on the upside near $180 and $182.There is a major declining channel forming with resistance near $182 on the 4-hours chart (data feed from Coinbase).The price remains at a risk of more losses below the $174 and $170 levels in the near term.Ethereum price is declining below key supports near $180 against the US Dollar. ETH price is likely to struggle near $182 if...

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TikTok Tops Instagram, Facebook as App Wars Rage On

Even though the world of social media is a global affair, all fingers are certainly not equal and like any other consumer market, various platforms fight for dominance among users with some faring better than others. Facebook, in particular, has been a mainstay within the social media market for over a decade and this includes Facebook itself as well as Messenger, Instagram, WhatsApp and so on. However, there is a new crop of social media platforms that threaten its dominance and are reaching...

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Udi Wertheimer: TRON Will Soon Overpower Ethereum

Bitcoin developer Udi Wertheimer says that TRON is about overtake Ethereum as the number two cryptocurrency by market cap.Tron: Outdoing Ethereum?In a Twitter message, Wertheimer says that while the currency won’t necessarily outdo Ethereum in price, it will soon become a far more popular blockchain for companies or individuals looking to produce decentralized applications (dApps). He’s also confident this will all happen within a year.In a tweet, he explains:Watching Justin Sun TRON...

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Bitcoin Gold Is an Example of a “Good” BTC Fork

Alejandro Regojo is the man behind bitcoin gold, which is widely considered one of the more successful bitcoin forks.Bitcoin Gold: BTC’s “Good” Son?Such forks have happened in the past and can lead to somewhat mixed results. In the case of bitcoin cash (BCH), the currency is still doing quite well and is considered the fourth-largest cryptocurrency by market cap.Bitcoin SV (BSV), however, is an entirely different story. While it’s garnered a place in the industry’s top 20, the currency is...

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What Will Be the Major Direction for Ethereum (ETH) in 2020?

At the time of writing, Ethereum was trading close to 1% at its current price of $ 185, a slight increase from its $ 182 low yesterday.The recent volatility of the cryptography markets has led ETH price action of large exchange rate chains like Ethereum to form a close correlation with that of Bitcoin, which means that the aggregated market has plunged into a phase of lateral trading overtime in last days.The situation remains tense and with a clear downward movement of Ethereum prices,...

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