SEC Commissioner Hester Peirce, also popular as ‘crypto mom’ for her crypto-friendly news, once again spoke in favor of digital assets during the recent cryptocurrency compliance Dacom summit in New York hosted by Solidus Labs today. Peirce spoke in details about SEC’s views on digital currencies saying that regulators are currently active extremely ‘paternalistic’. Besides, she also had an extensive discussion on different measures the agency can take to improve regulations.She stated that...
Read More »App Annie Expands Its Platform Acquiring Mobile Analytics Firm Libring
Leading mobile market data firm App Annie has acquired Libring which is a mobile analytics firm. This, of course, has created a new paradigm where mobile market data and mobile analytics are presented side-by-side in one singular platform. This was revealed by CEO Ted Krantz in a blog post.Being the global initiator of mobile app market data, the firm has decided to rebrand itself alongside its recent acquisition to bring forward the real-time advantages of such a system to both mobile app...
Read More »Bitcoin Keeps Bleeding and Drops Below $8,000, Further Losses Possible
Just when it seemed like it could not get worse for the Bitcoin HODLERS, the BTC price plunges further. According to data from Messari, BTC dropped below a key support level of $8,000, touching the $7,800 mark. As we published earlier, the BTC price plunged by over $1,000 to settle below $8,500. Now another support has been breached.The biggest crypto has now entered the $7,000 region for the first time since June amid a severe $30 billion sell-off in the crypto market. In just 5 days, the...
Read More »Tesla’s Biggest Software Update Ever Adds Smart Summon, Netflix and Car-aoke
On Thursday, Tesla rolled out its new software update with a whole lot of new features for its Model S, Model X, and Model 3 owners in the U.S.Among other features, you can find in-car karaoke, entertainment services like Netflix and Hulu, and a feature (for really lazy ones) that lets customers call their cars like they’re summoning a dog – no driver required.Of course, customers who paid for the Full Self-Driving option are higher up on Tesla’s list of priorities, and for them, there will...
Read More »Winklevoss-Backed Flexa Will Participate in Demo Store at the U.S. Largest Mall
Cryptocurrency startup Flexa is part of a project that will allow for technological innovations in retailing. With a pilot project at Mall of America Minnesota Minneapolis, which is the largest mall in the United States at the moment, the demo store is to serve as a proof-of-concept that new technologies are possible in the real world.Flexa is participating in the project but serving in a technical advisory role will be on display with other non-cryptocurrency-based technologies. The store...
Read More »Bitcoin Cash Analysis: BCH Crashes To $200, Likely To Decline Further
Bitcoin cash price declined heavily and broke the key $285 and $270 support levels against the US Dollar.The price tested the $200 support area and it is currently consolidating losses.There was a break below a crucial bullish trend line with support near $310 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could correct higher, but the $230 and $240 levels are likely to prevent gains.Bitcoin cash price is trading in a larger downtrend below $250 against the US...
Read More »Uber Merging All Its Services in One Major Overhaul
Uber is the company known as the one who first has spread on so many ways. There is a ride-hailing business, then scooter sharing and then there is a food delivery – and even though there are Asian companies copying its model, Uber is the only US company that offers these three services (for now).On Thursday they held the launching event in San Francisco where they presented more than 25 changes to its platform among which are combining its ride-hailing app and food-delivery app Uber Eats,...
Read More »Venezuela: What Do We Do with All This BTC and ETH?
Well, well… The truth has come out. Despite Venezuela pushing for Petro adoption and allegedly threatening cryptocurrency miners, the country seems to have its own private stash of both bitcoin and Ethereum – and it has no idea what to do with it. Venezuela and Crypto: A Strange MixVenezuela has had a strange relationship with cryptocurrency. The country initially began pushing for widespread use of the Petro beginning in February 2018. The currency is allegedly backed by the country’s many...
Read More »Binance Staking Platform Launched for 8 Cryptocurrencies
Binance, one of the world’s leading cryptocurrency exchanges, on Thursday announced the launch its staking platform that will enable its users to earn cryptocurrencies for only depositing their funds on the platform.As per the announcement, the new platform is a value-added service that provides its users with a way of “earning staking rewards without the need to set up any nodes or worry about minimum staking amounts, time lengths, or any other technical requirements.”For a start, the...
Read More »Libra Is an Important Crypto Project, Coinbase CEO Says
A rather inspiring presentation from the head of Facebook’s Libra David Marcus seems to have inspired someone else as well and neither more nor less – Coinbase CEO himself. Yes, you’ve heard it right, Brian Armstrong came out as a real supporter of this, still developing stablecoin.The thing is that Libra is often represented as a project that carries labels such as “alienating”, “controversial” or even “poisonous”. Even though it still hasn’t come out at the light of the day, it has already...
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