Tag Archives: News

Euro Pacific Capital CEO Peter Schiff seems to think that bitcoin is likely to crash soon thanks to the downfall of marijuana stocks.Schiff: Cannabis Falls, So Bitcoin FallsSchiff explained his bearish sentiment in a tweet, writing:Many of the speculators who were buying pot stocks were also buying #bitcoin. With heavy losses in the former, perhaps they will look to realize some gains on the latter or mitigate their losses before the bottom drops out of the crypto market, too.This is one such...

In recent months, digital assets and cryptos have attracted heated debates. Some governments and watchdogs are making laws that may allow them to go mainstream while others are still hesitant. In what appears as a major development in the nascent crypto industry in the UK, a landmark legal statement was published.The statement was given by the Chancellor of the High Court, Sir Geoffrey Vos. It confirmed that crypto-assets will be recognized as tradeable property while smart contracts are...

Within the last three days, the MMOCoin is gaining traction and performs ultimately. Investors who bought the coin at low prices must be shocked to see their ROI pumping up to over 9000 percent levels. All in all, MMOCoin price added a whopping 1000% since yesterday and 53,904% over the last 72 hours.MMOCoin is using hybrid PoW/PoS with an unusual take on their unique Tiered PoS. It starts with block 2000, allowing users to join different staking tiers to increase profits. This system will...

Chinese e-commerce giant Alibaba is making swift moves to list its shares on the Hong Kong Stock Exchange. However, amidst high demand, Alibaba has planned to close its books early for institutional investors, reports CNBC.As per the report, the e-commerce giant plans to close its books by 12 PM ET on Tuesday, November 19. The sources familiar with the matter said that the book’s closure will happen half-day before the earlier schedule. This is clearly indicative of the fact that investors...

The next Bitcoin halving remains the predominant story of bulls hoping for huge price gains. The popular line of thought is that the price of Bitcoin could increase, as crypto enthusiasts warn of an increase that adds to the pressure on prices. However, its price may increase.The expected halving testifies to this dream and its coming in the blockchain of the BTC in May, while several hodlers anticipate an increase in prices. On the flip side, the price may continue to drop to $8,000....

Bitcoin seems to continue this week’s losses. After yesterday’s sell-off, crypto markets continued to fall and Bitcoin price fell below the $8,200 threshold. At the time of writing it was still in the fall by 4.81% to $8,148.80.The correction of the market is more than obvious because, at the time of writing, all 30 biggest coins were declining with major losses. But, not to get too pessimistic, it only means that in last month Bitcoin price is mostly flat. Some analysts think this fall could...

XRP falls by 5.31% to hit $0.25 indicating weakness and trading apathy, even when Ripple Labs Inc has added another feather to its cap by adding a new remittance service on RippleNet. SBI Ripple Asia and SBI Remit, which is a financial services company in Japan, are set to introduce a new remittance that will enable customers to transfer money between Japan and Vietnam. The new service is set to operate using RippleNet, and the Vietnamese baking giant TP Bank (Tien Phong Commercial Joint...

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...

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,...

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...