Judging by the charts, Bitcoin hasn’t reacted much to Donald Trump’s negativity. Donald Trump Finally Found a Market He Can’t Move – Bitcoin https://t.co/WutLyYfEzH — CCN Markets (@CCNMarkets) July 16, 2019 Crypto conservatives might react by understanding that Donald Trump is the most successful democratic operative in history, bar none. Donald Trump: The Most Clever […]
Bitcoin enthusiasts in India have a reason to rejoice – the country’s government hasn’t banned cryptocurrencies, yet. Responding to a question in the Indian Parliament about the status of cryptocurrencies such as bitcoin in India, minister of state for finance Anurag Thakur responded in the negative, according to a report by Inc42. Bitcoin bulls in […]
The post Bitcoin Isn’t Banned in India, Confirms Minister; That’s Just Half the Picture appeared first on CCN Markets
Crypto Twitter (CT) is filled with half-witted commentary and price predictions by so-called luminaries, maximalists, and influencers. As the price of BTC has dropped to four figures, the usual tweets from CT thought leaders has insisted that this is the last chance to buy bitcoin for under $ 10,000.
White House economic adviser Judy Shelton made headlines last week after President Donald Trump nominated her to the Federal Reserve Board of Governors. The mainstream press and finance industry were surprised to learn Trump’s Fed pick is a “gold bug.” She advocates returning the U.S. Dollar to the “gold standard.” President Trump's Fed Nominee Dr. […]
The post Trump's Fed Pick Isn't Just a Gold Bug – She's Also a Crypto Bull appeared first on CCN Markets
July 1 was an important day for all of the electric vehicle manufacturers. The federal tax incentive for purchasing electric vehicles was cut in half, from $ 3,750 to $ 1,875. Tesla Hides a Price Cut Along with this price-cut came no change in Tesla Model 3 lease deals. In other words, the price to purchase a […]
The post Tesla's Stealth Price Cut Suggests Demand Isn’t What Elon Musk Claims appeared first on CCN Markets
Noelle Acheson argues that Libra is not a cryptocurrency, it’s a security. That in itself is a huge innovation, and perhaps a glimpse of what is yet to come.
The Cambridge Centre for Alternative Finance has released an index of sorts devoted to macro data about Bitcoin, all of it relating to electricity consumption. Tree Huggers Take Solace Historically, one great objection to Bitcoin has been its perceived large-scale energy consumption. Some question the logic of building out an entirely new system when the […]
The post Bitcoin’s Energy Use Isn’t Crazy, Rivals Switzerland’s Power Consumption appeared first on CCN Markets
Staking is getting attention for all the wrong reasons, and it’s time to re-examine its role, argues Decred’s Jake Yocom-Piatt.
By CCN Markets: Bitcoin educator and promotor Andreas M. Antonopoulos published a new video today in which he pointed out that Facebook’s Libra project doesn’t amount to a “real” blockchain. Is Facebook's Libra a real blockchain? No. Will it compete against #Bitcoin and truly open, public blockchains? Never. #LibreNotLibrahttps://t.co/MQkpPUuedE — Andreas M. Antonopoulos (@aantonop) June 18, 2019 The professional speaker has spoken at length in the past about the oppressive nature of KYC and “blacklisting” bitcoins. Facebook’s Coin Is Just Another Token Fungibility is an issue at the heart of cryptocurrency – if some coins are good, but others are
Binance CEO Changpeng “CZ” Zhao recently took to Twitter to emphasize that the newly launched Binance Chain (BNB) and its decentralized exchange aren’t trying to compete with other blockchains or DEXs. Instead, CZ claims that Binance DEX is designed to compete with its centralized counterpart. Clarification: @Binance_DEX is not trying to compete with any other blockchain […]
Antoni Trenchev, co-founder and managing partner crypto-backed lending platform Nexo (NEXO), is not worried about the ongoing scandal involving controversial stablecoin Tether (USDT) and Bitfinex. In a recent interview on Bloomberg TV, Trenchev broke down the market response to the news that the New York State Attorney General is suing Bitfinex and Tether parent iFinex. […]
Yesterday, much like any other day, I received dozens of press releases from blockchain companies and crypto public relations firms, the bulk of which were anything but newsworthy. However, given my personal interest in hunting and shooting sports, one immediately piqued my interest: GunBroker will start accepting cryptocurrency payments. Major Firearms Marketplace Embraces Cryptocurrency GunBroker, for non-shooting sports aficionados, is one of the most popular online platforms for third-party firearm sales. Using the platform, buyers and sellers throughout the United States can easily execute gun transactions across state lines. Every transfer must go through a Federal Firearms License (FFL) holder,
By CCN.com: A report by JPMorgan suggests that for over four weeks during the fourth quarter, bitcoin’s market price was lower than its mining costs on average. According to the JPMorgan analysts, the cost of mining bitcoin during Q4 was averaging about $ 4,060 around the world, Bloomberg reports. According to them, starting late November when the
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The 2018 end-of-year report by Nielsen-owned gaming research company SuperData has revealed that so-called freemium games – games that are free to play but typically enable microtransactions for users to purchase upgrades and gizmos – are dominating the entertainment market, generating a massive $ 88 billion in the past year. Unsurprisingly this segment also known as
The post Freemium Isn’t Free! Free Mobile Games Generated a Whopping $ 61 Billion in 2018 appeared first on CCN
The stock price of Tesla has dropped by 7.14 percent in pre-market following the release of CEO Elon Musk’s letter. The struggle of the car marker demonstrates the lack of fundamentals in the U.S. stock market which may lead to the decline of the Dow Jones. Over the past week, several analysts including Morgan Stanley
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Atlus dropped the first teaser for Persona 5 R — ostensibly a new version of the critically-acclaimed Persona 5 — on Sunday but the details provided in the 30-second trailer leave much to be desired. Instead of revealing anything related to gameplay or storyline, the new teaser seems to simply be an announcement of an upcoming announcement, with more information […]
Sky News, a British TV station and mainstream media outlet, reported that investors lost homes as the Bitcoin price crashed. But, the same argument can be applied to the stock market, real estate, and every other major market. The report claimed that investors put up their homes as collateral to receive loans and invest in
The post Reports Claim Investors Lost Homes as Bitcoin Crashed, Isn’t the Stock Market the Same? appeared first on CCN
Leonardo Real, the chief compliance officer of Tether LLC, believes an organized campaign established by many publications is targeting crypto token Tether (USDT) and its partner banks. In an interview with Cryptonews, the Tether executive reaffirmed that its stablecoin known as USDT is fully backed by the US dollar, citing the attestation reports released by
The post Tether Exec Refutes Bloomberg, Reassures Investors Crypto Isn’t Manipulated appeared first on CCN
Just before one of the most important elections of our time, we can see where misinformation can get you. There is a fear for what is to come and what could change in Congress. During this time it’s wise to keep an ear open to examining what could be changing in the coming weeks.
Brian Forde – who recently ran for US Congress in California’s 45th district and was the founding director of the Digital Currency Initiative at MIT – recently wrote an article for CoinDesk, regarding campaign contributors being made with cryptocurrency and how many of these published news stories have been wrong.
Blockchain testing and research company Whiteblock Inc. has released a damning verdict on EOS, describing it as a “distributed homogeneous database” masquerading as a blockchain. In a report titled “EOS: An Architectural, Performance and Economic Analysis,” the company dissects several aspects of the EOS protocol and comes to the conclusion that it suffers from a
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