Tag Archives: Story of the Day

Facebook’s CEO Mark Zuckerberg unveiled his vision for 2030, but also a whole bunch of decade-end aims for his social media Goliath, including an extensive “opportunity” for Facebook to “decentralize” finance and business.He wrote in a post:“Over the next decade, we hope to build the commerce and payments tools so that every small business has easy access to the same technology that previously only big companies have had.”As the reader could further see, in this vision are included Instagram...

Equity futures in the U.S. along with shares in European and Asian markets have begun to rise again. This is the desired response as some calm develops with the ongoing tensions between Iran and the U.S.President Donald Trump, in a speech delivered yesterday, suggested that the U.S. will be tuning down the conflict. Regardless of the somewhat repeated attacks at the U.S. embassy in Baghdad, the Trump administration seems to prefer calm to chaos.Conflict began days ago when the U.S. admitted...

The United States Commodity Futures Trading Commission (CFTC) has previously allowed several crypto derivatives products to enter the market. In that context, CME Group, which offers Bitcoin futures, plans to launch options on BTC futures on January 13, 2020.While responding to the growing interest in cryptos and customer demand for tools to manage Bitcoin exposure, CME Group decided to launch options on BTC futures. As we highlighted earlier, the firm officially confirmed this launch last...

Bitcoin hit its record yesterday coming to $8,400. However, the reasons for that are not as nice as it might seem. There is something to do with the current U.S.-Iran political tensions.Yesterday political situation came to its climax when the Islamic Revolutionary Guard Corps confirmed that it conducted rocket attacks on the Al Asad base in western Iraq that hosts American troops.Right immediately after this news was outlived, all “safe haven assets” jumped sky-high. But let’s go from the...

The Bitcoin hash rate has been the talk of the town and analysts are closely observing its movement. After dropping below 100 EH/s earlier this week on Monday, the Bitcoin hash rate recovered back to hit a new all-time high.Beating all of its previous records, the Bitcoin hash rate has hit 120.7 exahashes per second (EH/s). The higher hash rate indicates the higher relative strength of the Bitcoin blockchain. It also indicates higher miner participation and more computational power invested...

Bitcoin’s price rises again. Many pundits have indicated that this has created a new paradigm where Bitcoin’s price is now finding new support levels. This also means that a bullish trend may be in the offing although many think that this isn’t so. Bitcoin’s prices have been under severe pressure lately. The downward trend suggested that prices may have finally fallen to less than $5,000 or even worse indicating the lack of footing for a support level. These fears, however, were dispelled as...

Many market participants were talking about the grand crash possible in the Q1 2020. And now it looks like the disaster is slowly entering the room.The stock market is crashing on Monday, opening with a 136 points drop. Apple and Microsoft were saving the situation at the end of the year, but the overall picture now is not so good. The trading issues between the U.S. and China, as well as the recent actions of President Donald Trump against Iran, seem to add uncertainty to both local and...

Telegram has released an official notice about its TON blockchain and Gram tokens. The blog post on the company’s website includes important details about what should be expected by the Telegram community.Telegram has been embroiled in a legal battle with the SEC over several details regarding its Gram tokens. The scuffle between both parties is still quite heated and doesn’t seem to be nearing a resolution anytime soon. Regardless, Telegram decided to make a few things clear as the community...

It’s the very first week of 2020 and we are having a big-bang announcement from tech giant Samsung. The Korean tech giant has announced a ‘Lite’ version of its two flagship handset – Galaxy Note 10 and Galaxy S10.While carrying its flagship ballpark, both these handsets cater to the needs of users looking for mid-range devices. Both these new versions will restore some of the key features of the flagship models. This includes the Signature S Pen, the latest camera technology, long-lasting...

The price of oil has now jumped and is on its way to $70, in the wake of a recent U.S. airstrike on a top general from Iran. Authorized by President Donald Trump, the airstrike targeted and killed General Qassem Soleimani. The general was the leader of the Revolutionary Guards’ Quds force.In response to the development, brent futures jumped over 4% even as tensions began to heighten.According to a report from the Pentagon, Soleimani was killed because he was “actively developing plans to...