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A top equities analyst, drawing on his knowledge of the company’s suppliers, predicts “limited downside risks” for Apple’s share price. He follows Morgan Stanley’s sentiment last week that the worst could now be over for the tech giant’s stock. Ming-Chi Kuo Says Q2 iPhone Results Will Beat Expectations Ming-Chi Kuo is an analyst with TF International Securities. According to CNBC, he says there are now: Limited downside risks for Apple and iPhone suppliers’ share prices. He added that iPhone shipments in the second quarter of 2019 will outperform market consensus, though Apple may still see a year-on-year fall in iPhone
CCN spoke with Nimrod May to find out if SIRIN will continue making phones or focus on developing an OS. May also gave a side-by-side comparison of the SIRIN FINNEY and the HTC Exodus 1. SIRIN Labs launched its blockchain smartphone, the FINNEY, just a few weeks ago. In the middle of a cryptocurrency market
The post Exclusive Interview: What’s Really Happening at SIRIN Labs? appeared first on CCN
No. You may have expected a different answer to come from a blockchain video game developer, but that’s the truth. Gaming does not need blockchain. In fact, there are a lot of great features that gaming doesn’t need. Games did just fine before online multiplayer was available, or before the quicksave option became popular –
The post Op-Ed: Does the Video Game Industry Really Need Blockchain? appeared first on CCN
Malta. The Blockchain Island. A postage-stamp-sized nation nestled in the Mediterranean famous for its rocky coastline, Baroque cathedrals, Megalithic temples, and centuries of culture. It’s a veritable mishmash of graying British expats, luxurious hotels, exotic women, cars that drive on the left, and a host of other legacies left by the various civilizations that invaded … Continued
The post Malta: Does Europe’s ‘Blockchain Island’ Really Live up to the Hype? appeared first on CCN
With the Chinese crypto crackdown hot on the heels of all aspects of the cryptocurrency industry, it would seem pretty irrational to open a hotel and advertise that it is accepting Ethereum payments. With cryptocurrency on the brink of being totally outlawed, the Yitai Hotel have announced that they are set to be the first hotel in China to accept Ethereum payments.
According to reports, the owners of the Yitai Hotel are very bullish about cryptocurrency and also have a very strong belief in the future of the blockchain as a technology that is truly going to change the world.
Nigel Green, the CEO and Founder of deVere Group has spoken out about Bitcoins capacity to embark on a global level breakout, one that will see Bitcoin hit a new all time high and continue to climb, exceeding international expectations and making a lot of people very rich in the process. Green believes this is down to FOMO, a fear of missing out, driving people towards Bitcoin investment when it’s price starts to climb. As a result of this FOMO, more people will start to panic buy, initiating a huge flow of money into Bitcoin, in turn pushing prices to the moon.
You might look at the markets today and wonder how any other cryptocurrency will ever knock Bitcoin off the top spot. With a market dominance of well over 50% now, Bitcoin has a strong grip on the markets, a grip that only seems to be getting tighter. Even so though, many do believe that the technology behind Ethereum will one day be enough to knock Bitcoin off the top spot, one expert even claims that Ethereum could in turn turf off up to 50% of Bitcoins market share.
In January this year, a question was posted on a Quora forum which asked for information on the most eco-friendly cryptocurrency. Now we know that many cryptocurrencies require high energy and a lot of power to process transactions, mine tokens etc. The entire industry has been referred to as damaging because many tokens do have a large carbon footprint. Therefore, it’s key to know which tokens have less of an impact on the planet, especially if you’re conscious about your own energy use, as if you are, you’re going to want to avoid buying Bitcoin.
Based on blockchain technology, most cryptocurrencies have an open and public ledger. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited. Government agencies, analytics companies and other interested parties — let’s call them “spies” — have ways to analyze the public blockchains and peer-to-peer networks of cryptocurrencies like Bitcoin, to cluster addresses and tie them to IP addresses or other identifying information.
Unsatisfied with Bitcoin’s privacy features, several cryptocurrency projects have, over the years, launched with the specific goal to improve on them. And not without success. Several of these privacycoins are among the most popular cryptocurrencies on the market today.
The SEC announced yesterday nine bitcoin ETF disapproval orders are to be stayed until further review but what does that mean exactly?
CoinDesk
Mining Bitcoin is a process that is loud, hot, expensive and also very noisy. As a result, mining efforts on a large scale tend to be focused out of town, in rural settings in factories that have an exclusive energy supply, in areas that are naturally very cold. This is the perfect setting for a mining farm, even so though, it seems that mining in remote locations isn’t enough for some people.
According to reports out today, one farm in Norway has been the victim of bomb threats from one very disgruntled local, as a result of the noise generated by the hardware in use at the farm.
ConsenSys found and Ethereum co-founder Joseph Lubin told mainstream media that Ripple “isn’t a Blockchain technology” August 14, confirming it “isn’t a competitor” for Ethereum.
Speaking to Bloomberg about the current state of the cryptocurrency market and Ethereum development, Lubin delivered an interesting take on two of the industry’s biggest names.
Asked about what would happen if “other protocols which trade speed or decentrazliation for security” gain favor in the mid to long-term, Lubin appeared unfazed.
“Ripple isn’t really a Blockchain technology, it’s sort of a payment system, so I don’t really consider that a competitor,” he told Bloomberg.
With crypto scams running rampant across the globe, Human Trust Protocol, aka Hub, is joining hands with Civic, a blockchain identification service provider, to verify users via know-your-client (KYC) data gathered from the Civic secure identity platform (SIP). The new project entitled ICO Hub is an algorithmic ICO rating service that adds identity verification as a central rating factor: Hub representatives will now be able to identify ICO project team members and organizers to ensure a platform’s authenticity before investors step in.
Bots and talk of bots is endemic within the crypto space, with behavior, good and bad, often attributed to their actions. Mt Gox famously had the Willy Bot manipulating merrily, perennial bear Bitfinexed sees bots everywhere, and crypto traders are prone to boasting about the sick returns they’ve raked in from their proprietary arb bots. There’s no doubt that bot activity is very real. But is it profitable?
Also read: Five Reasons Why Bitcoin Cash is About to Win Big
We’re all tired of hearing about Cambridge Analytica by now. And we’re basically used to the fact that whatever we do online, we’re leaving a digital footprint. Even the famed anonymity of Bitcoin and other cryptocurrencies has crumbled in the light of day. So when we hear talk of “internet freedom,” we can be forgiven for feeling skeptical.
But that’s the idea behind Minds, an open source, decentralized social network. In fact, according to co-founder Bill Ottman, Minds was “built on a foundation of democracy, transparency, privacy, and internet freedom.” A noble idea. But can it really deliver the freedom of speech that so many people crave?
Bitcoin has jumped another $ 300. Following yesterday’s slight drop to $ 8,000 from $ 8,100, the currency has incurred another impressive hike and now sits within the $ 8,300 range.
Thus far, everything analysts have predicted regarding bitcoin’s behavior in the 2018 second quarter is coming true. The coin saw a massive price jump of roughly $ 1,200 between April 11 – 13, and the price has stayed strong ever since, and while one could argue that we have only reached the weekend, present indicators suggest that the price rise is not a fluke, and may continue in the coming weeks.
With each passing day, it seems as though the conversation on Bitcoin’s energy consumption rages on, though new ground is rarely broken on the topic. Like bears to honey, media outlets flock to FUD stories on mining’s electrical costs and doomsday predictions of a world driven to the ecological brink, thanks to bitcoin mining.
There is a strong argument to be made, however, that far from plunging the globe into ecological disaster, cryptocurrency mining can be sustainable or, better yet, can be used to neutralize the carbon footprint of other energy intensive processes. Indeed, under the right circumstances, mining can produce a minimal carbon output. Moreover, its energy emissions can be recycled for other eco-friendly endeavors.
If you haven’t heard of Bitcoin by now, you’ve probably been living under a rock. However, while many people know what Bitcoin is – and have even willingly put forward large amounts of their own money to invest in it, despite having heard of it for the first time yesterday – very few people know much more beyond that.
You don’t need to know all the technical details behind Bitcoin to get started – that would take far too long – but whether you’re planning to invest in the world’s biggest cryptocurrency or not, a little information about it can go a long way.
**On today’s episode of The Cryptoverse:**
Breaking Finally the mystery silence surrounding KeepKey has been lifted. ShapeShift has just bought the KeepKey company in an all cash deal. So let’s take a look at what this means.
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