US president Donald Trump has gleefully weighed in on the news of mass layoffs at Buzzfeed and the Huffington Post in typically abrasive fashion on his Twitter account. According to Trump, who is facing an unprecedented challenge to his presidency following the arrest of longtime adviser Roger Stone and another impending government shutdown on the horizon, hundreds of personnel lost their jobs because their employers are engaged in “fake news”. It will be recalled that Buzzfeed and HuffPo laid off a total of more than a thousand journalists and creative writers last week in the latest round of efficiency cuts
Fred Wilson, the co-founder of Union Square Ventures, an NYC-based venture capital firm with investments in notable internet companies including Twitter and Tumblr, has published his 2019 outlook report. In his annual address, Wilson wastes no time diving into the current U.S. political landscape, boldly predicting that President Trump will be impeached before the end […]
Last January, when Bitcoin (BTC) was trading near all-time highs, veteran technical trader Peter Brandt called for an 80%+ retrace, suggesting a price target under $ 4,000. Days later, Bitcoin began the year-long downtrend that brought it to a low of $ 3,100. General TA rule — violation of parabolic advance leads to 80%+ decline in value. […]
Trading of Civic (CVC), district0x (DNT), Loom Network (LOOM), and Decentraland (MANA) — all ERC-20 tokens that run on the Ethereum network — today went live on Coinbase Pro, and most received a bump from their listing on the crypto exchange. CVC, LOOM, MANA, and DNT Listed on Coinbase In a post earlier today, Coinbase
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The gains Bitcoin made during the Friday and weekend trading session fizzled at the beginning of this week. The digital currency’s recovery lost steam after establishing an intraday high at 3640-fiat, now thrice in December. It dropped as much as 4.4% on Monday, confirming a weak bull sentiment near the said resistance area. At the
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After a rough Saturday where the price of Bitcoin (BTC) plummeted to a new 52-week low around $ 3,625, the crypto market began to show signs of life going Sunday, with Bitcoin reclaiming the $ 4,000 level for several hours. However, the short-lived rally, which saw some altcoins recover more than 30%, has quickly lost steam after BTC failed […]
Following news that Overstock founder Patrick Byrne is selling the company’s retail business to focus on its blockchain offering, shares of Overstock have surged a massive 23.26 percent to end the day at $ 20.93. CCN earlier reported that Byrne decided to sell the retail business based on a conviction that tZero, the ICO backed by
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The bitcoin price on Wednesday showed signs of recovery after two weeks of massive selling action. The BTC/USD rate surged as much as 7 percent to establish an intraday high at 4645-fiat. The pair consolidated above 4500-fiat for a brief time but lost steam ahead of the US trading session, creating lower highs towards 4241-fiat.
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Coinbase may have announced plans to list hundreds of new assets over the coming months and years, but that doesn’t mean that the San Francisco-based cryptocurrency exchange has lost its status as crypto-token kingmaker. Yesterday, on Oct. 11, Coinbase announced that it had begun the process of listing 0x (ZRX), an ERC-20 token that runs
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On October 8, Bitcoin achieved a 17-month low volatility. Experts have stated that the cryptocurrency market is maturing as more funds from the traditional finance sector flow into the market. Although the volume of Bitcoin still remains at around $ 2 billion on CoinCap.io and $ 3.3 billion on Coinmarketcap, the dominant cryptocurrency has recorded a slight
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CNBC Futures Now trader Jim Iurio has predicted that bitcoin will trade above $ 6,800 based on market analysis that holds $ 6,000 as its critical support level. Speaking on the show alongside Anthony Grisanti, Iurio stated that market tacticals hold the key to accurately predicting the movement of bitcoin on any meaningful level. He made the
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The crypto market has demonstrated a short-term corrective rally in the past 24 hours, after major assets like Ethereum showed strong oversold conditions. ETH, the native cryptocurrency of the Ethereum blockchain network, has been on an intensified downtrend since June, performing especially poorly against Bitcoin. On September 13, ETH has shown resilience in the sub-$ 200
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The world’s largest independent semiconductor manufacturer, Taiwan Semiconductor Manufacturing Company (TSMC) has reported record sales during March 2018. TSMC’s president has attributed the company’s performance in part to demand for the hardware required to mine cryptocurrencies.
Also Read: Bitcoin Cash Smashes Through $ 1,000 USD
World’s Largest Semiconductor Manufacturer Reports Record Sales
During a recent shareholder conference call, the Taiwan Semiconductor Manufacturing company announced revenues of 248 billion TWD (approximately $ 8.46 billion USD) during the first quarter of 2018 – a 6.1 percent year-on-year increase.