Crypto markets are back with a vengeance. Following a lukewarm Monday start, BTC jumped 6% in a single four-hour period. The rest of the market followed Bitcoin into the green, though altcoins are showing smaller gains – resulting in fresh highs for Bitcoin dominance. Cryptocurrency market dynamics since September 2. Source: Coin360 The rise has...Read More
Bitcoin has had a fantastic start to the new trading week and is now trading above its monthly pivot point, around the $10,650 level. More impressive still is that the Bitcoin price has completely eroded all of the losses from the bearish drop on August 28th, and is now holding above the technically important $10,280...Read More
If implemented, Facebook posts will no longer show the number of likes or reactions to a post. The user who created the post can see a list of people and their reactions, but a number won’t be displayed. Will influencers suffer another slap in the face? Just after Instagram said it plans to hide Like...Read More
Investor’s in Uber’s stock are currently anything but happy as its value has dropped from the initial $45 it started with to $32. What are the chances UBER will rise? Valued at $82.4 billion, Uber completed its IPO in May and started at $45 per share. The company which seemed to have been struggling with...Read More
According to the sources, the tech would utilize the Apple Watch’s motion sensor, heart rate monitor and noise detection to measure your quality of sleep. No other device will be needed. On September 10th, among its other products, Apple is expected to also show the new Apple Watch Series 5. Some rumors have been going...Read More
Photo: Xiaomi / Facebook The stock of the Chinese smartphone maker Xiaomi Corp seems to be answering to news of the buyback, its biggest, by climbing nearly 7%. Last week the company announced an HK$12 billion (US$1.53 billion) share buyback plan in a reversal of its cash-management strategy that is aimed at boosting its floundering...Read More
The crypto markets are continuing to trade sideways, but the outlook appears to be gradually improving. Bitcoin gained more than 2% over the weekend, while altcoins show a diverse landscape of gains and losses. Cryptocurrency market dynamics since August 30. Source: Coin360 Bitcoin’s rise has largely coincided with a story by the Wall Street Journal,...Read More
Facebook has finally gotten a partner app for Instagram dubbed ‘Threads’. This may be the app that will be the Snapchat killer. The question though is which direction is Facebook going in? Facebook (FB) is said to be developing a new application which is meant to be attached to Instagram. The new application called ‘Threads’...Read More
The We Company is looking to raise billions of dollars in its upcoming IPO. However, many potential investors are worried that there’s too much going on there that isn’t explanatory. Should you invest in WeWork? Founded in 2010, WeWork is a company in the business of creating fully set up workspaces for several interested entities...Read More
As iPhone unit sales have slowed, Apple was partially relying on higher prices to make up the difference. Consumers are now less tolerant of the premium prices phone makers want for their newest devices. Every day we are witnessing more and more doubts surrounding upcoming Apple’s new iPhone models. On September 10, Apple is should...Read More
Recently, Huawei announced that their new flagship phone line – Mate 30, will be launched on September 19, in Munich, Germany. The tagline for this launch event is “Rethink Possibilities”. Huawei just recently announced its new flagship phone line – Mate 30. The company tweeted a short loop animation along with a description on their...Read More
Photo: EQT / Twitter Swedish buyout firm and one of the biggest in the Nordic region, EQT Partners, apparently plans a Stockholm listing this year in what could be the called a biggest European IPO for one private equity firm in more than twenty years. The planned IPO is supposed to enclose 20% of the...Read More
If you’re wondering why your favorite altcoin is still ranked at three-hundred-something, you’re probably not alone. Market capitalization is a complicated measurement: when a ranking factor is easily gamed through wash trading (essentially the practice of trading against oneself) to create artificial volume, the rankings can be skewed. However, one of the leading sources of...Read More
People’s Bank of China (PBOC) central bank digital currency (CBDC) will allegedly be backed 1:1 by renminbi fiat as well as follow a two-tiered structured system with the bank, commercial banks, and retail market participants. This week China fixed the daily midpoint rate for the yuan at levels that haven’t been seen for more than...Read More
In September Nike will release a new line of its Huarache shoes but this time, they will be equipped with FitAdapt technology, allowing users to control the lacing via a mobile app or through Siri. Nike has not yet set a price. Advancement in technology and all of its innovations have uses and applications in...Read More
Boeing announced that it is joining the Hedera Hashgraph Council becoming the 10th member with commentators stating that it is a major milestone for the company to dive into the blockchain technology. Although the nascent blockchain and crypto industries are yet to enjoy mainstream investment and usage, developments are constantly taking place. It is believed...Read More
China has confirmed President Donald Trump was lying when he said his people at the White House received phone calls from China offering to reopen stalled negotiations to end his trade war. President Donald Trump is becoming more and more disturbed with the possibility of U.S. stock slump and is spinning to find victories that...Read More
GRAM tokens are finally coming to investors, Telegram says. The company behind the second-largest cryptocurrency sale expects to ship tokens in the next two months, the New York Times reported yesterday. The issuance will end a saga that began almost two years ago, when a handful of private investors put $1.7bn into the proposed Telegram...Read More
Cryptocurrency markets are in the midst of a significant sell-off, with top digital assets losing over five percent in value over the past twenty-four hours. As the Bitcoin price has now fallen through two key support levels, analysts are predicting further losses, with BTC likely to fall below $9,000. Cryptocurrencies experienced a sharp drop at...Read More
In recent news, Microsoft announced that the much-anticipated HoloLens 2 will go live on sale in September, Harry Shum revealed at the World Artificial Intelligence Conference in Shanghay on Thursday. Recently Microsoft finally announced that HoloLens 2 will go on sale in September, the head of AI and research Harry Shum, revealed on stage in...Read More
Nutanix, which is a leading enterprise cloud computing company, announced their new Q4 and fiscal 2019 financial results. Soon after the company’s stock price shot up to even 15%. Nutanix, a company which operates in the cloud computing industry, announced their Q4 Fiscal 2019 Financial results. It beat all the expectations that the financial experts...Read More
Fitbit, a smartphone wearables company, released its new Smartwatch Versa 2 upgrade. It comes with a few next-generation upgrades along with the Amazon’s Alexa addition. Also, the company announced the launch of its subscription service. In recent news, Fitbit, which is known as the rival to Apple in the wearable war, announced their newest upgrades...Read More
Following days of consolidation Bitcoin has reached the end of its pennant formation. The big move that many analysts had expected came a few hours ago, and it was followed by a second slide resulting in a drop towards critical support levels.Bitcoin Dumps $1,000 AgainFor most of this week, analysts have been largely undecided on...Read More
The World Artificial Intelligence Conference kicked off in Shanghai Thursday with a much-anticipated keynote summit between Alibaba founder Jack Ma, and Tesla CEO Elon Musk debating the future of AI. At the 2019 World Artificial Intelligence Conference in Shanghai, visitors could attend an immerse debate between Tesla and SpaceX CEO Elon Musk and Alibaba founder...Read More
Is $10,000 really a magic number for Bitcoin? Do traders care if it trades above or below this mark? It certainly seems so. Bitcoin is trapped in an extremely narrow trading range as we head into the U.S session, following another minor bounce from just above the $10,000 support level. With Bitcoin close to posting...Read More
Gartner released their quarterly report on global smartphones which says that among the top five phone vendors, Huawei sales increased by 16.5% while Samsung added 3.8%, winning an overall 20,4% of market share. While the global smartphone sales have decreased by 1,7%, Huawei and Samsung are among the top phone manufacturers in the world which...Read More
Photo: Peloton / Twitter Indoor fitness startup Peloton that specialized in making inter-connected treadmills and stationary bikes plans to file for an IPO after generating $900 million in revenue in the last fiscal year ending June 30. In its recently released documents and the submission of the S-1 statement to the U.S. Securities and Exchange...Read More
A 12-year-old, future unschooling advocate at an Occupy Wall Street protest learns about Bitcoin while running from the cops. He invests. Later, the independent Erik Finman will become the supposed “world’s youngest bitcoin millionaire” at age 18. That’s not where the story ends, though. The high school dropout has since gone on to launch education...Read More
Investors could be turning away from Ethereum (ETH). Uncertainty surrounding the timing of a move to a Proof of Stake mechanism, and fears of a price crash, have led to a significant decline in market sentiment. Hunter S. Thompson once famously observed that “There is nothing in the world more helpless and irresponsible and depraved...Read More
In recent news, Raisin, a fintech startup which offers a marketplace for savings and investment products, has acquired Fairr, which is a German startup aiming to disrupt the pensions industry. Raisin, a fintech startup which mainly offers a pan-European marketplace for savings and investments has just acquired a rival company Fairr to foray into the...Read More
