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Multimillion Acquisition of South Korean Cryptocurrency Exchange Bithumb Flounders
Coinspeaker Multimillion Acquisition of South Korean Cryptocurrency Exchange Bithumb Flounders The acquiring party of premier South Korean Bithumb has failed to live up to its obligations prompting fears that the acquisition worth over $330 Million has gone sour. дальше »
2019-9-30 16:22 | |
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Ripple Exec Skeptical of Libra’s Decentralization Claims: A “Walled Garden”
Since Libra was unveiled earlier this year by Facebook, crypto enthusiasts and industry firms have been heavily scrutinizing the project. The fear is that the “cryptocurrency” and “blockchain” won’t sport the tenets of a decentralized network, Related Reading: CNBC Analyst Slams Facebook Libra, Champions Bitcoin According to an executive of Ripple Labs, these fears are. дальше »
2019-9-30 00:00 | |
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Altcoins Crash to Six-Month Lows as Fears of ‘Crypto Winter’ Return
The market for alternative cryptocurrencies is on life support this weekend after crashing to six-month lows on Thursday, the casualty of a sudden correction in the price of bitcoin (BTC). Altcoins have since recovered from their lows but remain at the precipice of another violent drop – a move that could usher in a new […] The post Altcoins Crash to Six-Month Lows as Fears of ‘Crypto Winter’ Return appeared first on CCN.com дальше »
2019-9-29 22:44 | |
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Gold Price Plunges 3% as Fed’s Repo Operation Ignites Dollar-Shortage Fears
The price of gold was under pressure Friday, extending a weeklong slump that saw the U. S. dollar rise to multi-year highs against a basket of currencies. Gold Tumbles; Silver Follows Futures on December gold delivery reached a session low of $1,493. дальше »
2019-9-28 00:00 | |
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Dow Cuts Losses as Recession Fears Drive U.S. Dollar to Two-Year Highs
The Dow and broader U. S. stock market trimmed their losses in late afternoon trading Thursday, as the dollar surged to its highest level in two years over global recession fears. Dow Cuts Losses; S&P 500, Nasdaq Hold Lower All of Wall Street’s major indexes ended in negative territory, mirroring a tepid pre-market for Dow futures. дальше »
2019-9-27 23:10 | |
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Wall Street Analyst: Buy the Dip in this Chip Stock for Great Returns
Chip stocks may be selling off today amid fears of an escalation in the U. S. -China trade war, but a strong gaming sector could lift one stock out of the doldrums. Nvidia Corporation (NVDA) is down by almost 40% from the all-time high of $292. дальше »
2019-9-27 19:45 | |
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Fundstrat’s Tom Lee: Bitcoin Bull Market Will Follow S&P 500 Surge
Global equities need to post fresh highs before Bitcoin re-enters its bull market, one of the industry’s best-known analysts has said. Lee: Bitcoin Needs To Quit ‘Trendless Macro’ Phase In two tweets beginning on September 25, Fundstrat Global Advisors founder Tom Lee calmed fears about the state of Bitcoin markets. дальше »
2019-9-26 13:00 | |
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Bitcoin ATM Count Grows by 500% in Three Years
The Bitcoin ATM scene continues to see impressive growth figures pointing to increasing demand and profitability of the business. Bitcoin mapping platform “bitrawr” says there has been a six-fold increase in the total global crypto ATM count since September 2019. дальше »
2019-9-21 21:00 | |
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Market Commentary: BTC And ETH Rise But Experts Say Crypto Industry Still Immature
Bitcoin’s price has recovered above $10,000 yet again, allaying any fears of a massive sell-off. Cryptocurrencies in general are seeing plenty of green, with Ethereum, BAT and Maker leading the pack through 5-6% gains, while the rest are seeing moderate growth of at 2-3%. дальше »
2019-9-21 18:34 | |
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FED Keeps Printing Money, And They’re Worried About Crypto Market Manipulation?!
For the third day in a row the US Federal Reserve has injected more money into the system sparking widespread fears that things are spiraling out of control. The irony is that US regulators continually harp on about crypto market manipulation when it is happening on a grand scale right under their noses. дальше »
2019-9-20 09:00 | |
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“The World Will be Forced into Crypto, Just a Matter of When,” as US Prints More Money
Bitcoin following gold while stocks back on the rise Deja Vu? Recession fears rears its ugly head again The Federal Reserve has approved a widely expected interest rate cut but gave few hints of whether further reductions are ahead. дальше »
2019-9-19 19:05 | |
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Jamie Dimon Quashes Recession Fears — Here's Why He's Wrong
Despite worries of an impending global recession, Jamie Dimon is still feeling rather positive about the state of the U.S. economy — but his sentiment might be misguided. The J.P. Morgan Chase chairman says his gut feeling is that the American economy isn't nearing a turn for the worse — telling reporters at the Business […] The post Jamie Dimon Quashes Recession Fears — Here's Why He's Wrong appeared first on CCN.com дальше »
2019-9-19 23:03 | |
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US Housing Market: Economist Says Stellar Data Won't Stop Recession
The US housing market continues to mystify investors as they scrutinize economic data in search of a smoking gun that will vindicate - or vanquish - fears that the US economy is on the brink of a recession. дальше »
2019-9-19 22:26 | |
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What Recession? Consumers Expected to Spend $1.1 Trillion This Holiday Season
Holiday retail sales are projected to jump upwards of five percent this holiday season, while e-commerce holiday sales are expected to increase 14-18 percent compared to 2018 — illustrating that recession fears have not necessarily taken root. дальше »
2019-9-18 21:20 | |
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Fed Likely to Continue Cutting Rates into 2020: Wells Fargo
The stock market took a giant gulp of uncertainty over the weekend, sending the Dow Jones sharply lower on global economic slowdown fears. The attacks on the Saudi Arabian oil fields have roiled stocks and provided another catalyst for the Federal Reserve to slash interest rates, even if monetary policymakers can’t seem to do so […] The post Fed Likely to Continue Cutting Rates into 2020: Wells Fargo appeared first on CCN.com дальше »
2019-9-17 19:37 | |
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Facebook’s Libra Launch Would “Substitute Itself As A National Currency” & Can’t Be Authorized: French FM
While Facebook (FB) is planning to acquire Swiss payment system license for Libra, France is not at all interested in letting its cryptocurrency project — expected to launch in 2020 — get off the ground. дальше »
2019-9-12 18:44 | |
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Dow Soars 140 Points as ECB Loads Stimulus Bazooka
The Dow Jones zoomed above 27,000 on Monday as global stocks rose in anticipation of an ultra-dovish European Central Bank meeting on Thursday. Bullish sentiment spread along with easing trade war fears after China lifted tariffs on some US goods in an apparent attempt to unfreeze negotiations. дальше »
2019-9-12 22:10 | |
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Dow Rally Skirts Attack as Sector Rotation Spooks Investors
The Dow and broader U. S. stock market tumbled on Tuesday, but quickly regained their footing in the final moments of trade amid fears that an impending sector rotation will batter the high-flying technology industry. дальше »
2019-9-12 23:12 | |
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How a Generational Paradigm Shift Will Confirm Bitcoin Safe Haven Status
The bitcoin safe haven debate has been raging recently as global recession fears mount. Central banks and governments are actively putting the brakes on their economies in order to protect themselves, but this does no favors for the masses and their paper money. дальше »
2019-9-10 22:00 | |
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Dow Futures Strong as Bulls' Takeover Quashes Recession Fears
The Dow Jones is expected to open with a slight 18-point drop decline based on the Dow futures, still remaining above 26,800 points in what has been a strong recovery period for the U. S. stock market. дальше »
2019-9-10 10:33 | |
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Trump Trade Tussle Squeezes China to Add a 100-Ton Gold Hedge
Growing fears of a full-blown trade war with the U. S. has sent China on a gold-buying spree in a bid to increase its reserves of the yellow metal. According to Bloomberg, the world's second-largest economy increased its bullion holdings by 0. дальше »
2019-9-10 17:24 | |
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Japan Second-Quarter GDP Revision Sparks Recession Fears
Japan's economic expansion cooled more than initially forecast in the second quarter, revised data showed, complicating the government's planned consumption tax hike later this year. Ironically, the long-delayed sales tax increase is expected to shrink Japan's GDP output later this year, plunging the country closer to recession. дальше »
2019-9-9 02:51 | |
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‘Dow Theorist’s Nightmare’: Rosenberg Sounds Alarm on Jobs Report
The latest jobs report for August has put some recession fears at bay, but many aren't feeling too chipper about the results - and what they mean for major stock market indices like the Dow Jones Industrial Average. дальше »
2019-9-7 23:00 | |
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Fintech May Flounder But Britain’s Brexit Will Boost Bitcoin
Economic hardship, whether driven by trade wars or political divisions, usually drives investors into safe haven assets. It has been the case for gold and Bitcoin this year as currencies get crushed and recession fears loom. дальше »
2019-9-5 09:00 | |
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FIFA Chief Appointment Means More of the Same From EA
EA announced yesterday that David Rutter would be taking the helm of the company's European-based studios, citing his work in reviving the waning FIFA franchise in the late 2000s and his work on the explosively lucrative Ultimate Team mode as critical factors in his appointment. дальше »
2019-9-5 20:49 | |
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Uber and Lyft Stocks Hit New Lows Amid Fears of California Bill
Coinspeaker Uber and Lyft Stocks Hit New Lows Amid Fears of California BillCalifornia's state Senate is set to vote on Assembly Bill 5 that, if passed, could be financially ruinous for Uber and Lyft, which stock is already experiencing hard times. дальше »
2019-9-4 12:06 | |
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Dow Futures Plunge as 9 Recession Alarms Scream Red
Dow Jones Industrial Average (DJIA) futures indicate a weak open on Wall Street on Tuesday. After the Labor Day weekend, which saw a fresh round of tariffs imposed on China, traders are returning to a bleak stock market and a host of recession warnings. дальше »
2019-9-3 12:52 | |
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After Dow Slump, Recession Fears Rise With Dwindling Trade Deal Hope
The Dow futures are in the red once again following the response of China towards new sanctions imposed by the U. S. , fueling the drop of the bond yield and fears of a possible recession. Max Baucus, a former U. дальше »
2019-9-3 05:15 | |
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South Korean Blockchain Industry in Danger of Decline
The blockchain industry in South Korea is reportedly facing a difficult period reports local media platform The Block Post. While the struggles of cryptocurrency exchanges in the country isn’t exactly news, it appears that other crypto-businesses are also experiencing similar problems sparking fears of a slowdown in South Korea’s digital economy advancement. дальше »
2019-9-3 21:00 | |
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Stock Markets on Alert as Stimulus Fail Sparks Eurozone Recession Fears
By CCN Markets: Economists expected Germany, the biggest economy in the eurozone, to introduce crucial stimuli to boost the eurozone economy that could shift the sentiment of the European equities and the wider stock market. дальше »
2019-9-2 15:10 | |
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Ex-Goldman Sachs Exec Urges Investors to Buy Bitcoin as Fears Mount
Over the past few months, analysts across the board — from Bitcoin (BTC) lovers to Wall Street’s bulls — have been charting an impending recession. This has left many investors with one pressing question: what should they buy to hedge their risk? According to one prominent economist and former Wall Streeter, Bitcoin is one of. дальше »
2019-9-1 21:00 | |
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Bakkt into a corner: CME Bitcoin Futures set to expire as spot price is still below $10,000
The future holds good fortune for Bitcoin, despite the Futures expiry. As the collective cryptocurrency world is on the verge of yet another CME Futures contract expiry, volatility fears have set in. дальше »
2019-8-30 17:30 | |
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Dow Erupts Higher But ‘Big Short’ Investor Fears Market ‘Bubble’
By CCN Markets: The Dow erupted higher on Thursday, surging more than 275 points after Beijing – not President Trump – flinched ahead of a crucial trade war tariff deadline. However, famed investor Michael Burry – who was played by Christian Bale in The Big Short – warns that a bubble is forming in a […] The post Dow Erupts Higher But ‘Big Short’ Investor Fears Market ‘Bubble’ appeared first on CCN Markets дальше »
2019-8-30 16:35 | |
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China’s Govt Crypto Readies Huge November Launch to Steal Libra’s Thunder
Facebook’s fears that the bottlenecks tech firms in the free world face in developing cryptocurrencies risks opening the door for more closed societies to take the lead have been confirmed. According to Forbes, China has already developed a state-backed cryptocurrency known as DC/EP (DC- Digital Currency, EP – Electronic Payments) that could be unveiled in […] The post China’s Govt Crypto Readies Huge November Launch to Steal Libra’s Thunder appeared first on CCN Markets дальше »
2019-8-30 14:43 | |
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Ethereum Sentiment At Historic Lows: Will Prices Follow Suit?
Investors could be turning away from Ethereum (ETH). Uncertainty surrounding the timing of a move to a Proof of Stake mechanism, and fears of a price crash, have led to a significant decline in market sentiment. дальше »
2019-8-28 14:00 | |
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Bitcoin And Copper: Two Assets Ringing Recession Alarms
If gold is the flag for an oncoming recession, copper is the opposite. With applications spanning construction, manufacturing, and electrical equipment, the industrial metal has long been considered a bellwether of economic growth. дальше »
2019-8-28 21:08 | |
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US preps voting systems against ransomware attacks ahead of 2020 elections
The US government is looking to protect voter registration databases and systems from ransomware threats ahead of the 2020 presidential election. The Cybersecurity Infrastructure Security Agency (CISA) — a division of the Homeland Security department instituted by president Donald Trump in November last year — fears the databases could be at the receiving end of a ransomware attack. дальше »
2019-8-27 09:31 | |
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Bitcoin Price Stumbles 8% in 5-Day Slide as Traders' Fears Rise
By CCN Markets: The bitcoin price has declined by more than 8 percent in the past week from $10.950 to $10,030 across major exchanges like Bitstamp and Coinbase. The bitcoin price tried to test the $10,900 to $11,000 range that has acted as a strong resistance but the increasing sell pressure led to another pullback […] The post Bitcoin Price Stumbles 8% in 5-Day Slide as Traders' Fears Rise appeared first on CCN Markets дальше »
2019-8-26 18:56 | |
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At Least 3 Libra Association Members Have Considered Leaving
Three unnamed members of the Libra Association, the group tasked with overseeing Facebook's Libra network, have considered leaving the group, citing disappointment related to crypto regulations and fears of backlash from publicly showing support for Libra. дальше »
2019-8-24 19:10 | |
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55% of mobile phone users plan to keep their devices for 3-5 years
A new study shows confirms the worst fears of mobile phone manufacturers like Apple and Samsung. According to responses from 3,640 mobile phone users shows that more than half of them plan to keep their current device for three to five more years. дальше »
2019-8-23 02:39 | |
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Wikipedia Co-founder fears EOS centralization at the hands of the Chinese
Blockchain protocol EOS’s governance model and centralization have been at the center of controversies, since its inception. From Weiss Ratings lowering EOS’s grade over centralization issues to getting tangled in the alleged reversal of transactions and Dan Larimar’s comments when he “confirmed” that decentralization was not their topmost priority, stating “it isn’t what we’re after” […] The post Wikipedia Co-founder fears EOS centralization at the hands of the Chinese appeared first on AMBCrypto. дальше »
2019-8-23 19:30 | |
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