By CCN Markets: Beyond Meat stock tumbled 4% in today’s pre-market trading following the announcement of a new competitor – Tyson Foods. The poultry powerhouse is set to enter the meatless arena later this summer, beginning with a plant-based “chicken” nugget. Beyond Meat investors pulled it together. The stock price is already back in the green for the day. Tyson Foods Is a Powerful Foe Previously an investor in Beyond Meat, Tyson Foods sold its stake in April just before the company went public. The investor-investee relationship between the two took a turn for the worse once Tyson decided to create
By CCN: Bitcoin price will hit $ 30,000 by the end of 2019, according to Kenetic Capital co-founder Jihan Chu. In an interview with Bloomberg, he points to three bullish factors including the upcoming bitcoin halving, the disappointment of tech IPOs, and the likes of Facebook and Fidelity embracing crypto. Chu’s $ 30k price target comes as bitcoin teases the $ 9,000 mark and ticks over a $ 150 billion market cap. “Ten years out from the bitcoin story, and we are starting to see the story become a reality. and what people are really seeing now is that cryptocurrency is not going away”
It may sound like a 2014-era shitcoin, but Globalcoin is this year’s most anticipated new digital asset. It doesn’t matter that it’s not decentralized, not permissionless, and not even crypto. The only question that really matters is what does Facebook’s currency spell for bitcoin? Will it steal its thunder or accelerate adoption?
Binance, the world’s largest crypto exchange, announced Thursday that investors can now directly purchase major cryptocurrencies using Visa and MasterCard debit and credit cards. #Binance Enables Debit and Credit Card Paymentshttps://t.co/EuJSsaHsQU pic.twitter.com/5uhflUcmXL — Binance (@binance) January 31, 2019 According to the announcement, users on Binance can now use Visa and MasterCard to buy Bitcoin (BTC), Ethereum (ETH), Litecoin […]
MakerDAO (MKR), the creator of stablecoin Dai (DAI), has big plans for its Ethereum-based decentralized platform once the Multi-Collateral Dai upgrade goes live this year. If @MakerDAO works it will export the best parts of the US financial system by turning them into uncensorable digital tokens that anyone can buy. The dollar-pegged DAIA S&P 500 Index trackerA savings account […]
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The post Empowered by the Bancor Protocol, Will TronBlock Be A Killer dApp on TRON appeared first on CCN
The man who killed net neutrality in the US is racing-up with innovations like blockchain to effectively regulate them. Ajit Pai, the chairman of the US Federal Communications Commission (FCC), said that his office would be looking into the emerging technologies for their potential impact on the telecom sector. Naming artificial intelligence, machine learning, and
The post Net Neutrality Killer Ajit Pai Casts an Eye over Regulating Blockchain appeared first on CCN
MyCrypto, a non-custodial Ethereum and ERC20 token wallet created by the co-founder of MyEtherWallet, has integrated a feature that enables Ethereum users to schedule ETH transactions ahead of time. On MyCrypto, an open-source wallet that is structurally similar to MyEtherWallet, users can connect hardware wallets like Trezor and other non-custodial wallets such as MetaMask to
The post Ethereum Wallets are Enabling Transaction Scheduling, Killer Feature appeared first on CCN
A confluence of technologies is poised to dramatically reshape manufacturing and, in the process, render obsolete the international trade regime.
Some financial institutions are claiming that a lack of demand from clients, coupled with a drought of important use cases, is holding Bitcoin and other cryptocurrencies back.
Where’s the Demand?
If you want to start actually using Bitcoin and other cryptocurrencies, says JPMorgan Chase & Co., you need to start asking.
According to Bill Clerico, CEO of JPMorgan-owned WePay, his company simply isn’t receiving enough requests to justify supporting cryptocurrency transactions.
Clerico also adds that nobody has found a must-have use case for Bitcoin or crypto, which is needed to truly drive cryptocurrency into the mainstream. “Crypto is very interesting,” he told Bloomberg, “[but] no one has figured out a killer use-case.”
**On today’s episode of The Cryptoverse:**
We can now roughly calculate how much our Bitcoin Gold is worth.
Zappl, the blockchain based rival for Twitter has now launched in beta.
And Roger Ver and Charlie Lee have made a .3m bet on the next Bitcoin fork called Segwit2x.
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