Tag Archives: News

E-commerce retailing giant Amazon is planning to expand its reach in the food industry and open a new brand of grocery store. As CNET has reported, a new grocery store will be opened in Woodland Hills, California, in 2020.Amazon spokesperson said:“Amazon is opening a grocery store in Woodland Hills in 2020.”When asked about Whole Foods acquired by Amazon for $13.7 billion in 2017, the company has stated it is going to make a new brand totally different from this network and Amazon Go...

Photo: Acumen_ / FlickrIn recent weeks, China appears to be retracting its hard stand against crypto activities within its jurisdiction. Notably, even President Xi Jinping encouraged Chinese investors to take up blockchain and crypto activities in an attempt to diversify the Asian economy.These developments have made billionaire Michael Novogratz warn that the United State’s reserve status might soon be undermined by the Chinese revolution. In his statement, he insists that China is already...

Photo: GCOX / InstagramIn September of this year, a famous boxing figure Manny Pacquiao rolled out his own cryptocurrency dubbed PAC token. Starting from today, the token is available for purchase on Singapore’s Global Crypto Offering Exchange (GCOX).How Does PAC Token Work?PAC token was launched by the boxing legend and Philippines politician Manny Pacquaio as a way to get closer to his fans. Listed on GCOX, the PAC token can be used by millions of boxer’s supporters worldwide not only for...

Most Bitcoin traders’ open positions were threatened yesterday by a swift and sudden spike in Bitcoin prices between 11:15 am Eastern and 11:21 am Eastern. Bitcoin prices increased from $8,787.11 to $9,123.34 within that time range. Insiders and cryptocurrency enthusiasts attributed the sudden spike to liquidations of short positions worth about $58.04 Million.Most of the gains made at the start of trading were retained but before the end of trading the support price of $9,000 was defeated...

After dominating its smartphone industry with its iPhone for a decade, tech giant Apple is exploring a new product line for the next phase of the technological revolution. Over the last decade, Apple scaled tremendous heights with billion-dollar sales of its iPhone flagship handsets. Earlier this year, the Cupertino-based tech giant also became the first company to touch a trillion-dollar valuation.Known for getting breakthrough innovation in the tech space, people have been eagerly waiting...

Tron price is facing a major resistance near the $0.0200 and $0.0204 levels against the US Dollar.TRX price is struggling to stay above the key $0.0185 support area.There is a major bearish trend line forming with resistance near $0.0195 on the 4-hours chart (data feed via Bitfinex).The price could start a substantial decline if it fails to stay above the $0.0185 support area.TRON price is trading in a contracting range against the US Dollar and bitcoin. TRX price remains at a risk of a...

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Ethereum price is struggling to surpass the $192 and $194 resistance levels against the US Dollar.ETH price is somehow holding the key $182 and $180 support levels.There is a major bullish trend line forming with support near the $184 level on the 4-hours chart (data feed from Coinbase).The price could start a sharp decline if it fails to stay above the $182 and $180 support levels.Ethereum price is showing a few bearish signs below $192 against the US Dollar. However, ETH price is still...

It’s awful when something you’ve created is being used in a bad way, and C++ software language creator Bjarne Stroustrup is feeling this firsthand, but how accurate are his thoughts?Stroustrup: Not a Big Bitcoin FanStroustrup is the builder of C++, which is a programming system that’s used to power all kinds of new software platforms – including bitcoin mining. In a recent interview, the tech genius explained that while he’s very proud of his creation on an individual level, he has no control...

The venture hopes that with top guards surrounding the warehouse, security cameras, and iron doors, it will make the vault unbreakable. Bakkt is already setting the all-time highs with cryptocurrency trading. That’s why it will facilitate pentesters and third-party auditors to avoid hacks and other dangers at all costs.In the past, clients were able to trade Bitcoin futures. But only that. After receiving approval from the NYDFS, Bakkt sets everything to change. Now, accredited investors from...