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The “FaceApp” craze, in which users can use an application to see what they will look like when they are elderly, is experiencing a second wave of popularity. Yet privacy experts point out that FaceApp may just make it that much easier for your privacy to be invaded. Your Data Is Your Concern Nobody ever […]
The post FaceApp Thrusts User Privacy into Spotlight amid Russian Ties appeared first on CCN Markets
The Dow struggled to assemble a fifth consecutive gain on Tuesday, even as timid investors raced back into equities just one week after triggering the largest domestic stock fund exodus in half a decade. Dow, S&P 500, and Nasdaq All Struggle Wall Street’s major indices were little changed during the morning session, placing the stock […]
The post Dow Spins Tires as Timid Investors Plow Back Into Stocks appeared first on CCN Markets
The importance of the government’s blessing for supposedly regulator-friendly cryptocurrencies like Ripple (XRP) and its horde of social media shills cannot be overstated. Donald Trump is not a fan of crypto. Point blank. That’s all there is to that. Donald Trump Alienates the Techno-Right A rift between the crypto community and the alt-right community who […]
The post Ripple Shills Twist Into XRP-Shaped Pretzels to Spin Trump Bitcoin Tweets appeared first on CCN Markets
Gemini, the cryptocurrency exchange launched by Cameron and Tyler Winklevoss, has expanded its footprint into Chicago. A Gemini spokesperson told CCN that they are “opening [the new office] with five employees.” One of them, Andrew Page, appears to have been poached from Coinbase, base on his LinkedIn profile. Page spent one month as senior product […]
The post Gemini Exchange Expands into Windy City to Capture Institutional Wave appeared first on CCN Markets
Billionaire Mark Cuban is often the guy on “Shark Tank” who graciously declines to make an investment into one of the hopeful entrepreneurs pitching to him and a panel of investors. He’s also backed some smash hits whose revenues have soared. While his latest investment may not be on “Shark Tank,” Cuban has found a cause worthy of his name – artificial intelligence (AI) startup Hala Systems that helps to save lives in war-torn regions including Aleppo. Cuban announced on Twitter that he’s pouring $ 1 million into the company, saying: “Hala uses AI for social good to do truly extraordinary
By CCN Markets: Facebook has managed to lure some big names to support its cryptocurrency endeavor. According to a report in the Wall Street Journal, payment giants Visa and Mastercard in addition to PayPal and Uber have all jumped onto Mark Zuckerberg’s crypto bandwagon. They are each going to pour $ 10 million into the project for the opportunity to be part of the governance structure of the new cryptocurrency. They even have a name and will be part of what Facebook is calling the Libra Association in a nod to the codename of crypto project. It’s understandable why payment companies
In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin.
“Bitcoin’s a great arbitrage mechanism for these companies. Anywhere you go, oil and gas producers are having issues,” Steve Barbour, founder of Canadian company Upstream Data, told Bitcoin Magazine.
We’re a month and some change away from Bitcoin 2019: a conference made by Bitcoiners, for Bitcoiners. The conference will rekindle the same spirit of a similar Bitcoin conference that ended five years ago. Inspired by this earlier series, Bitcoin 2019 is rooted in the same ethos that has made Bitcoin the tried and true paragon of the crypto economy since its inception in 2009.
Lightning Labs just released an alpha version of its Lightning Network wallet. The desktop application is now compatible with Bitcoin’s mainnet and it leverages Neutrino (the protocol, not the analytics company acquired by Coinbase) to give users a lightweight option to “control their own funds,” as opposed to running a full node or trusting a third party to play custodian.
“This release required a diverse skill set of protocol engineering, product development and design thinking,” Tankred Hase, a Lightning Labs application developer, told Bitcoin Magazine. “I’m lucky enough to work with such a talented team at Lightning Labs where we can bring all those perspectives together. I’m hoping this release makes Bitcoin and Lightning more accessible to new types of users.”
The political spectrum is usually divided into four main categories: libertarian left, authoritarian left, libertarian right and authoritarian right. Those on the left prefer a more controlled economy, while those on the right have a preference for free markets. Libertarians tend to promote more liberal social policies, while authoritarians want to control what people do in the privacy of their own homes.
This is generally how political leanings are defined today, but technologies like Bitcoin and end-to-end encryption are changing that as our digital lives become, in some ways, more important than what we do in the real, physical world.
In February, Comcast Spectacor, a Philadelphia-based sports and entertainment subsidiary of Comcast (CMCSA), partnered with SK Telecom, the largest mobile operator in Korea, to create a new joint venture: T1 Entertainment & Sport. At the time of the announcement, the T1 revealed it was planning to boost its presence in Fortnite, PlayerUnknown’s Battlegrounds (PUBG), Super […]
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Financial services giant Discover (DFS) has made its first move into the growing esports industry by sponsoring PAX East, which is taking place this weekend in Boston. Stop by our booth today at #PAXEast and take a GIF or photo during the Discover Card Tekken 7 Showdown. — Discover (@Discover) March 29, 2019 According to […]
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The price of Bitcoin (BTC) increased another 1.6% on Friday, bringing the largest digital currency to $ 4,125 as it approaches 2019 highs… You must be a subscriber to continue reading Members can login here. FREE 7-DAY TRIAL: Receive access to all Premium content. Subscribe for $ 10/month Subscribe for $ 60/year SludgeFeed Premium members gain access to exclusive […]
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Earlier this month, blockchain startup Blockstream announced that its satellite messaging application programming interface (API) was launching on Bitcoin’s mainnet. Now, one enterprising bitcoiner has used this platform to beam the U.K.’s proposed Brexit deal into space.
The application allows users to beam data into space, which can be downloaded by anyone with the appropriate receiver. Users can pay for the service using the Lightning Network.
Last week, Loom Network (LOOM), a blockchain ecosystem for games and social apps, announced support for the top-100 ERC-20 tokens by market cap, including Binance Coin (BNB), on PlasmaChain, a high-performance DPoS sidechain that acts as a bridge between multiple chains and Ethereum (ETH). On Wednesday, Loom Network kept the good news rolling with the revelation that […]
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Crypto.com Chain Token (CRO), the digital currency native to the new Crypto[dot]com Chain, has seen its price surge by more than 220% in the past week, giving the altcoin a $ 277 million market cap. This week’s gains saw CRO move up the rankings to become the 25th-largest cryptocurrency, as well as the 23rd-largest constituent in […]
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Comcast Spectacor, a Philadelphia-based sports and entertainment subsidiary of Comcast, announced this week that it has partnered with SK Telecom, the largest mobile operator in Korea, to create a new joint venture: T1 Entertainment & Sport. The new venture will feature SK Telecom’s T1 League of Legends Champions Korea (LCK) team, in addition to new […]
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Following Sunday’s sudden rally and retracement, most leading crypto assets have produced sideways consolidation just below the support ranges established during the previous week. The major exceptions to the trend are XRP and ONT, both of which appear to have held above last week’s support zones.
Also Read: Bitcoin Whales Have Accumulated Thousands of Coins in the Last 2 Months
BTC has traded between approximately $ 3,800 and $ 3,900 since Sunday’s nearly 10% retracement, with current prices sitting at roughly $ 3,800 on Bitstamp and $ 3,900 on Bitfinex.
Ever since various token implementations were introduced to the Bitcoin Cash (BCH) network, the infrastructure has been significantly developed in order to advance the BCH-fueled token ecosystem. In the last few weeks, projects like Wormhole and the Simple Ledger Protocol (SLP) have seen a significant amount of token creation, alongside a variety of wallet support for the many tokens the community has already created.
Also read: Mt. Gox CEO Claims the Coinlab and Brock Pierce Deals Never Materialized
Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:
Figure 1: BTC-USD, Daily Candles, Macro Resistance
We can see a clear, descending supply-and-demand channel that governed the market for the last two months. Yesterday, the market broke north of the channel and it has since begun to march toward a major macro level (red dashed line). This level is very significant; A test of this level will make or break the current market structure. If we fail to break through and fail to close a new high, this could be a strong bearish signal that supply is still highly present in the market and needs to be shaken out before any meaningful upward progress is made.
