The U.S. stock market extended its rally Friday after better than expected jobs data suggested that the impact of a partial government shutdown on the economy was largely overblown. Dow Surges Past Major Milestone All of Wall Street’s major indexes traded higher on Friday, reflecting a mostly upbeat pre-market for U.S. stock futures. The Dow Jones Industrial Average rose 166 points, or 0.7%, to 25,166.17. Shares of Exxon Mobil Corp (XOM) and Visa Inc. (V) led the Dow blue chips higher. The broad S&P 500 Index advanced 0.3% to 2,712.55, with seven of 11 primary sectors contributing to the gains.
Last week, 0x (ZRX), an open protocol that facilitates the low-friction, peer-to-peer exchange of ERC-20 tokens on the Ethereum blockchain, announced the creation of its Market Maker Program, as part of a broader effort to bring liquidity to its network. Introducing the 0x Market Maker Program! 📈 The Program was created to bring additional liquidity to the 0x ecosystem by providing […]
Resident Evil 2, widely considered one of the greatest horror games of all time, is back in full force after Capcom released a thirty minute “1-Shot” demo of the reimagined classic on Friday. Time is ticking down. You’ve got 30 minutes to play with in the Resident Evil 2 “1-Shot” Demo so grab it on […]
The bitcoin price on Sunday surged as high as 7.7 percent against the US dollar backed by a bullish yearly prediction. The bitcoin-to-dollar rate established its intraday peak at $ 4,085 but underwent a minor correction action to trade at $ 4,051 at press time. The pair had been attempting to break through $ 4,000 since December 28,
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The bitcoin price consolidated this Thursday as $ 4,000-level continued to block the rally from a breakout attempt. The bitcoin-to-dollar exchange rate dropped as much as 5.36 percent of its value since its yesterday’s high at $ 3,971. The pair at press time is correcting higher on moderate volumes, up 0.71 percent from its intraday low at
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The TRON Foundation announced Thursday that BitTorrent, a file-sharing communications protocol based on a peer-to-peer network, is launching its own token that aims to expand on its vision of a decentralized internet. Today @BitTorrent unveils its new token BitTorrent $ BTT which features native TRC-10 compatibility and will be exclusively available to non-U.S. accounts on #BinanceLaunchpad, the token […]
GOG, a Poland-based digital distribution platform for video games and films, revealed Friday that SOMA, a science fiction survival horror video game developed and published by Frictional Games, is available for free until December 30. G I V E A W A Y T I M E L E T ‘ S G O ! SOMA is an existential, […]
Bitcoin continues to tumble lower and lower as it struggles to claim any footing in the market. It’s down almost 50% in three weeks and it’s showing very little sign of stopping. It’s currently clutching onto the $ 3,500 values but it doesn’t look like it can hold on much longer.
BTC-USD, Daily Candles, Macro Downtrend
Unfortunately, the consequence of a parabolic market is that, toward the tail end of the parabolic move, it doesn’t bother to retest or establish strong support. And now bitcoin is brutally busting through all the untested support levels. The figure above shows all the untested support levels (in blue).
In recent regulatory news, the U.S. deputy attorney general has called for international cooperation on cryptocurrency regulation. Separately, the U.S. Federal Election Commission (FEC) has prepared a draft advisory that could allow political donations in the form of mining power, while the Alabama Securities Commission has estimated that the state has brought forward 20 percent of all active cease-and-desist orders against crypto companies in the U.S.
A blockchain technology pilot aimed at tracking beef through the entire food supply chain has been announced in South Korea. The pilot will be jointly undertaken by the Ministry of Science and ICT and the Ministry of Agriculture, Food and Rural Affairs, according to Yonhap News Agency. The launch date has been set for next
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LXDX, the high-speed cryptocurrency exchange founded by a former SpaceX engineer, has announced that it will issue stock through a security token offering (STO). Institutional Crypto Exchange to Issue Stock on the Blockchain CCN can exclusively report that LXDX, which was co-founded by former SpaceX engineer Joshua Greenwald, will become one of the first companies
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While much of the world grapples with the development of crypto-related policy, Ukraine has become a first mover. The eastern European country has unveiled a path for the adoption of cryptocurrencies, with Ukraine’s Ministry of Economic Development and Trade beginning the process for the legalization of virtual assets, an endeavor that is projected to take
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The launch of FinHub shows that the US Securities Exchange Commission (SEC) is increasingly focusing on 4th Industrial Revolution technologies. Among these technologies, Bitcoin and artificial intelligence (AI) continues to enjoy prominence.
Crypto Enthusiasts Can Engage the SEC through FinHub
On October 18, 2018, the SEC launched the Strategic Hub for Innovation and Financial Technology (FinHub) to channel all issues related to financial technology (FINTECH) and blockchain technology, including Bitcoin and other cryptocurrencies. Moreover, FinHub centers on automated investment advice, digital marketplace financing, AI, and machine learning.
As a company looking to give users full control over their digital rights, Blockstack is piloting a new app mining program that encourages designers to create new applications directly on Blockstack’s platform and earn rewards in bitcoin. The goal is to expand the decentralized app ecosystem while financing developers who build the most popular applications.
Patrick Stanley is the head of product growth at Blockstack. Speaking with Bitcoin Magazine, he says that app mining is a system where developers are rewarded by Blockstack and other participating companies for creating platforms that community members actually want. The stronger and more popular an app is, the more money the developer will earn.
Risk aversion in the US stock markets yesterday may have worked in favor of the bitcoin bears.
Maker (MKR), the central token of the Maker smart contract platform and the Dai stablecoin system, has experienced a phenomenal rally over the past month, bolstered a major partnership and an investment from one of the cryptocurrency industry’s top venture funds. Less than one month ago, on Sept. 12, MKR was trading below $ 300. Since
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Everyone is talking about it, the most popular game at the minute (at least until Red Dead Redemption 2 comes out..) is Fortnite!
Fortnite is always in the news for something or other nowadays. People complain that it causes violence, depression and even divorces! In the UK alone, Fortnite has been the sole reason for 5% of marriages ending according to a report in September.
With the new season of Fortnite upon us, so do a load of new scams.
Telegram and other social messaging apps play an increasing role of importance in the cryptocurrency ecosystem. Various new services are being built to bridge the gap between crypto and these services. ParJar is an interesting platform in this regard. The following reasons make the platform stand out, assuming the team can maintain a stable ecosystem.
#4 No Wallets Needed
One key issue a lot of novice cryptocurrency users deal with is setting up a wallet to store funds. ParJar is accessible even when not using a specific wallet, as the service offers digital wallets for users. It is possible to withdraw the funds to one’s own personal wallet at any given time, which makes it interesting to explore new currencies accordingly.
A number of humanitarian groups and affiliated NGOs are beginning to rely on blockchain to help empower and aid refugees.
Summer estimates from the United Nations put the number of displaced persons across the world at more than 68 million. More than 25 million in this figure are classified as refugees.
A number of international bodies and humanitarian groups have long made it a priority to render aid to those fleeing violence, war, or other persecution.
However, many agencies find it difficult to help displaced persons because they often cross borders with little (or no identification), which can essentially shut them out from receiving many basic services.