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Netflix stock plummeted 11% out of the gate despite posting better-than-expected earnings in Q2. The reason? A colossal miss in subscriber growth, the lifeblood of the debt-ridden media giant. Now that Wall Street appears to be waking up to overvaluations, here are three tech stock bubbles – Beyond Meat, Uber, and Tesla – that might […]
The post Netflix Bubble Bursts and These 3 Tech Stocks Could Be Next appeared first on CCN Markets
It’s no secret that the Bitcoin price is gaining and gaining, but other coins up near the top have seen corrections as a result. Some coins automatically increase in value if they’re mostly traded against BTC. Crypto Markets Auto-Correcting? If traders feel uncomfortable with these new values, they can trade these downwards, which is precisely […]
The post These Top 10 Altcoins Are Dropping Fast While Bitcoin Gains appeared first on CCN Markets
The second quarter of 2019 is coming to an end and for those who invested in cryptocurrencies this year, market prices are a whole lot higher than they were a year prior. Since the significant lows in December 2018, most digital currencies have captured remarkable gains.
Also read: Policymakers Meet to Finalize Global Crypto Guidance – A Look at Standards G20 Supports
Cryptocurrency users are often forced to convert their coins to fiat in order to purchase items from leading retailers and ecommerce platforms such as Walmart and Home Depot, Amazon, Aliexpress, and Ebay. The hesitation of these merchants to embrace crypto payments has created a niche that’s being occupied by online businesses that are bridging the gap. They take care of your order, arrange the shipping and are willing to accept your electronic cash.
Also read: Latin America and Turkey Have the Most Cryptocurrency Users, Poll Shows
Spending during the holiday season should be easy but borders, physical and financial, often complicate matters. A world currency that can travel with you and is widely accepted sounds like a good idea. Among cryptocurrencies, bitcoin cash is an ideal candidate, with its low fees and instant transactions. New opportunities to spend, buy and sell BCH are emerging around the world all the time.
Also read: Telecom Giant AT&T Now Accepts Bitcoin Cash Payments
Last week, mining manufacturer Bitmain launched its latest Antminer 17 series. Now Canaan Creative has published its own device specifications and pricing for the new Avalonminer 10 series that process between 31-33 trillion hashes per second (TH/s). In addition to Canaan’s latest miners, two more China-based companies are releasing next-generation miners this summer that mine at maximum hashrates between 46-70TH/s.
Also read: Statistics Show Bitcoin Cash Is a Strong Contender After Crypto Winter
Many cryptocurrency exchanges in India offer some kind of peer-to-peer (P2P) trading. News.Bitcoin.com talked to several of them to find out what is unique about each platform, most of which were launched in response to the banking restriction imposed by the country’s central bank.
Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request
A number of Indian crypto exchanges launched exchange-escrowed P2P trading following the banking restriction imposed by the Reserve Bank of India (RBI) which went into effect in July last year. Some of them use dollar-pegged stablecoin tether (USDT) as an extra step between rupees and buying or selling other cryptocurrencies on their P2P platforms.
Tuesday started off with major fireworks when Bitcoin (BTC) finally broke out above $ 4,200 and then quickly ran to $ 5,000 before pulling back and then moving higher later in the day. While some altcoins have sold off in the wake of Bitcoin’s meteoric rise, other digital currencies have followed the largest digital currency’s lead. According […]
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The true size of the cryptocurrency market may be as little as 5 percent of its officially reported total. Coinmarketcap (CMC), the leading market data website, has been accused of unquestioningly publishing crypto exchange figures, despite compelling evidence of manipulation by many trading venues including a glut of Asian platforms. Now, a number of market data websites have ramped up pressure on exchanges to provide accurate figures.
Also read: Cryptojobs Is a Platform With 1,300 Vacancies in the Cryptocurrency Industry
On the heels of recent commentary from the published correspondence between Securities and Exchange Commission (SEC) chairman Jay Clayton and representative Ted Budd, SEC senior advisor Valerie Szczepanik explained at Austin’s SXSW conference that stablecoins may be violating current securities laws.
Also read: Payglobal Provides Cryptocurrency to Fiat Transfers With Existing Bank Cards
Over the last two years, stablecoins have become an extremely hot topic while becoming popular vehicles for hedging against the volatility tied to cryptocurrency markets. Tether (USDT) has been king of the stablecoins for a while, and recently made headlines for a revision to the company’s website. The change caused uproar within the cryptocurrency community because instead of confirming that each Tether is backed by one USD, the terms were substantially revised.
Officially, Cosmos atoms have yet to reach a cryptocurrency exchange, and until the Cosmos network votes to approve their listing, atoms aren’t tradable anywhere. Unofficially, you can buy and sell Cosmos tokens on half a dozen exchanges already, where the spot prices differ wildly. Welcome to the world of cryptocurrency derivatives, where futures markets can be found for scores of unreleased tokens.
Also read: New Tasking Platform Lazyfox.io Rewards Users With Bitcoin Cash
Easter eggs are everywhere if you know where to look. Spanning all seasons and all forms of multimedia, these inside jokes, hidden puzzles and cryptic messages typically surface in video games, movies, DVD menus and computer software. For cryptocurrency connoisseurs, Bitcoin-based easter eggs are particularly special. Extremely rare and esoteric, their existence can be traced back to Bitcoin’s very beginning.
Also read: Cashshuffle Participants Mix $ 20K of Bitcoin Cash in One Transaction
On Feb. 4, Bitcoin Cash (BCH) supporters caught a sneak peek at two new video platforms dedicated to the BCH ecosystem. Porn.cash and Cinema.cash give content creators the ability to publish videos and get paid in cryptocurrency.
Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations
There’s a new BCH-fueled video service called Cinema.cash that allows users to upload content and be rewarded for posts. There are two types of revenue streams that content creators can utilize in order to get paid in crypto – tips and pay-per-view sessions. Tipping is set to default for all videos, and with pay-per-view, users have to pay beforehand to watch the content. Registering is fairly straightforward as users don’t need to use an email or verify their identity.
Platforms providing traders with the opportunity to exchange cryptocurrencies have increasingly started to apply registration requirements. In many cases, these are justified on the basis of newly introduced KYC and AML regulations. Thankfully, there are still exchanges that allow users to swap digital coins without requiring a verified account.
Also read: Coinsquare Lays off 40 Employees in a Troublesome Month for Crypto Exchanges
Pot stock analysts believe that the CBD industry is about to explode. The reason? The $ 867 billion Farm Bill, signed into law by US President Donald Trump on December 20, officially excluded all cannabis products with 0.3% or less THC from the Controlled Substances Act. (THC is the psychoactive element in marijuana that gets users “high.”) CBD has medicinal uses and is already legal in many states, as is its psychoactive component. As a result, farmers anywhere in the United States can freely grow “hemp” for both industrial and medical purposes. Several Pot Stocks Set to Explode Canaccord Genuity, a
A plethora of major U.S. stocks will arrive on the blockchain next week thanks to the launch of DX.Exchange, a digital exchange based out of Estonia. According to a recent report by Bloomberg, DX.Exchange will offer digital tokens based on shares of 10 Nasdaq-listed companies, including Alphabet (GOOGL), Apple (AAPL), Amazon (AMZN), Facebook (FB), Microsoft (MSFT), Tesla […]
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Barry Silbert, the founder of Grayscale Investments, a digital asset management firm owned by Digital Currency Group, took to Twitter on Sunday to reveal that he’s purchased several altcoins amid the market selloff. According to the tweet, Silbert has added an undisclosed amount of Ethereum Classic (ETC), Zcash (ZEC), Decentraland (MANA) and Horizen (ZEN) to his portfolio. […]
SludgeFeed
One of the biggest pieces of news last week was Coinbase’s listing of 0x (ZRX), an open protocol that facilitates the low-friction, peer-to-peer exchange of ERC-20 tokens on the Ethereum blockchain. While the listing caused some debate within the crypto community, given the relative experimental nature of 0x, it was enough to spur speculation over future listings of altcoins […]
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Barack Obama, ex-President of the United States of America and the latest victim of crypto crime, of sorts at least.
According to The Next Web, the Texas States Securities Board (TSSB) have stepped up to take action against three cryptocurrency companies within Texas that have been found to be acting deceitfully and making false claims, one company have even been found to have fabricated a short video that seems to show Barack Obama endorsing the companies products, though obviously Obama had nothing to do with it.
Continue reading What Links Barack Obama With These Crypto Scammers? at Crypto Daily™.
In many countries, there are emerging monetary crises as local currencies lose value. Local governments or central banks are unwilling or unable to solve inflation, and that’s a key chapter in the story of Bitcoin. The late economist Milton Friedman, a Nobel Prize winner, said people should only look to one reason why long-term inflation exists: the above institutions keep printing cash out of thin air which debases the local currency. That makes Bitcoin and other reliable cryptocurrencies an attractive solution in places that operate on shaky or desperate economic ground.
Continue reading Bitcoin Is Extremely Useful In These Problematic Countries at Crypto Daily™.
