While Facebook continues its arduous battle with U.S. authorities regarding the launch of its Libra digital currency, China seems to be making a lot more progress not just with the development of its own Central Bank Digital Currency (CBDC), but also with the acceptance of the technology in the country, especially after the President’s statement. Now, an ex-government official has said that China’s CBDC will definitely be the first in the world, to issue a properly applicable...
Read More »Apple’s New AirPods Pro with Noise Cancellation Feature Go on Sale on October 30
Users of Apple‘s products have got used to the fact that the American tech giant surprises with new developments quite often. Today, the company has introduced its new device – AirPods Pro, wireless earbuds that feature active noise cancellation and promise perfect sounding.According to the data provided by the company’s press release, the upgraded AirPods Pro equipped with an outward-facing microphone that detects external sound and makes the earbuds extremely useful while...
Read More »Tron (TRX) Price Analysis: Uptrend Intact Above $0.0200
Tron price rallied recently and climbed above the key $0.0185 resistance area against the US Dollar.TRX price is currently correcting lower and it remains well bid above the $0.0190 and $0.0185 levels.There is a contracting triangle forming with resistance near $0.0220 on the 4-hours chart (data feed via Bitfinex).The price is likely to climb higher once again above the $0.0220 and $0.0240 resistance levels.TRON price is trading nicely in an uptrend against the US Dollar and bitcoin. TRX...
Read More »Ethereum Price Analysis: ETH Looks Set To Surpass $200
Ethereum price is showing a lot of positive signs above the $180 support area against the US Dollar.ETH price is likely to climb above the $190 and $196 resistance levels in the near term.There was a break above a crucial bearish trend line with resistance near $174 on the 4-hours chart (data feed from Coinbase).The price is setting up for another upward move and it could even surpass the $200 resistance.Ethereum price is gaining bullish momentum above $180 against the US Dollar. ETH price is...
Read More »Could Bitcoin Hit the Six-Figure Mark in Two Years?
Will bitcoin hit its biggest marks in 2021?Bitcoin Is Set to Explode in the Next Two YearsThat’s what some analysts are saying. According to bitcoin experts like “Plan B,” bitcoin could strike the $100,000 mark by the end of 2021… Around Christmas of that year to be exact.Bitcoin has been undergoing some very strange behavior, lately. The currency fell to the low $8,000 range from $9,500 in late September after Bakkt debuted to rather disappointing reception. While things picked up from...
Read More »How Blockchain Technology has Changed the Gambling Industry
Strange as it may seem, many forms of technology have come and gone but none have been able to change the Gambling industry like blockchain technology. Blockchain technology has created a new paradigm where the gambling industry is coming into its own with new and innovative platforms that have been able to all kinds of options that the average gambler can see and enjoy.The existence of cryptocurrency tokens which are powered by blockchain technology has made it possible for remote gambling...
Read More »Bitcoin to Reach $16,000 Mark by October’s End?
Well, we’ve all heard some rather crazy bitcoin price predictions throughout the year, but this one is likely to take the cake.Bitcoin Heading for the Stars? Who Knows?According to one source, the price of bitcoin is set to reach $16,000 by the time the month is over. It then asks the question, “Is this still possible?”As much as we’d like to believe that bitcoin has the strength to add roughly $7,000 to its price within a few short days, the likelihood of this happening within that time is...
Read More »Branson’s Virgin Galactic Stock (SPCE) Rockets in NYSE Debut
Sir Richard Branson’s private space tourism company Virgin Galactic Inc. started its trading on the New York Stock Exchange (NYSE) via a direct listing at $12.10 on Monday under the ticker “SPCE”.The move comes after the Galactic merged with Chamath Palihapitiya’s venture Social Capital Hedosophia that gave the new company a combined valuation of $1.5 billion. Branson kept a 51% stake in the business.CEO George Whitesides said:“Virgin Galactic is making history again today as it becomes the...
Read More »Bakkt Announces Starbucks as First Partner for Consumer App to Be Launched in 2020
Bakkt is currently looking to help its retail community to trade cryptocurrencies as seamlessly as possible. The platform has decided to do this with the launch of a consumer-focused app that will help these customers easily use this app for proper business interactions with several merchants, using digital assets. Starbucks that has already a history of cooperation with Bakkt will be the first merchant on the platform.According to an official Bakkt blog post, Chief Product Officer Mike...
Read More »Chinese Tech Stocks “Maxed Out” after Xi Jinping Touts Blockchain
Stocks in Chinese blockchain A-share companies “maxed out” to their 10% daily limit after a president Xi Jinping focused the attention of the public to the potential of the technology encouraging digital currencies, increasing the rise in related stocks and Bitcoin, which for the short time, though, went over $10,000.Xi said China should hurry up with its research into blockchain, the open ledger system that cryptocurrencies rely on. China’s central bank has been developing its own digital...
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