Cryptocurrency Highlights, News, Use Cases And Other Reckonings : #288 (2019-02-09)

in #blockchain5 years ago

Bitcoin Bulls Stampede Past $3,700 & Wider Crypto Market Rallies with Them: P. H. Madore


Everyone knew a breakout was coming. A tight trading pattern lasted for weeks, which is almost always a precursor to big activity, one way or the other. In the case of Bitcoin and most everything else in the crypto market over the past 24-hours, things went v…

The Bitcoin Price is Booming, But Here’s Why You Shouldn’t Get Too Excited [Yet]: Yashu Gola


The bitcoin price on Friday posted one of its most robust bullish sessions in weeks as it rose as much as 10.5 percent in just twelve hours. The bitcoin-to-dollar exchange rate (BTC/USD) established a higher high towards $3,710, up 10.38 percent from the Asia…

Dow Jones Rout: The Cat is in the Bag, the Bag is in Trump’s Hand: Wes Messamore


Friday started off badly for the Dow Jones industrial average, with all major stock indexes trading markedly lower right out of the gate Friday morning. Nike (NKE) defied gravity at the start of the session after an analyst price-target hike, but got dragged …

NYSE Owner: Bakkt is Our ‘Moonshot’ Bitcoin Bet: Samantha Chang


Bitcoin trading platform Bakkt is a “moonshot bet” for Intercontinental Exchange, the parent company of the New York Stock Exchange. That’s the assessment of NYSE chairman Jeff Sprecher, who’s also the CEO of ICE. While its launch has been delayed several tim…

Amazon Stock Falls after Jeff Bezos ‘Exposes Pecker’, Do Investors Need to Worry?: P. H. Madore


Amazon CEO Jeff Bezos announced his divorce on January 5. In the days following his announcement, revelations of a potentially ongoing affair with Lauren Sanchez rocked the world. Amazon Stock Down 5% Since Divorce Announcement Late yesterday, it was revealed…

South Korea’s Top Crypto Exchange Just Launched a Major Product, But is There Real Demand From Institutions?: Joseph Young


Bithumb, South Korea’s largest Bitcoin exchange by trading volume, has launched an over-the-counter (OTC) trading platform that will allow deep-pocketed traders to exchange crypto assets off the books. In an official announcement, Bithumb Global Limited, a Ho…

Saudia Arabia Tried to Pants Amazon CEO Jeff Bezos. He Pantsed them First.: Wes Messamore


I’m going to go out on a limb here and say that what the National Enquirer did to Amazon founder Jeff Bezos is far more embarrassing than violating the 7th Commandment — or having a penis in the first place. Amazon Founder Jeff Bezos Exposes Pecker Bezos says…

Crypto Markets Flying: Litecoin up 30%, Bitcoin Surges 8%, Ethereum 12%, What’s Pushing it?: Joseph Young


The crypto market has added more than $10 billion in the past several hours as all major crypto assets including Bitcoin, Litecoin, and Ethereum jumped by massive margins. Bitcoin, which struggled to demonstrate any major movement in the past two weeks, surge…

XCOYNZ is Building a Platform Aimed for Mass Adoption of Cryptocurrency: Press Release


This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to c…

Here’s Bitcoin, Captain Kirk: Is William Shatner Next to Take the Lightning Torch?: P. H. Madore


William Shatner, who is the face of a Solar Alliance, has joined the #LNTrustChain fun. I understand this! https://t.co/WQEHqIjxJ4 — William Shatner (@WilliamShatner) February 6, 2019 The 86-year-old actor was either making a joke or he actually does un…

Dow Bleeds Below 25,000: Why Trade War Chaos is Rattling the Stock Market: Sam Bourgi


Headlined by a plunging Dow, the U.S. stock market drifted further into the red on Friday after President Trump confirmed he will not meet China’s Xi Jinping before a self-imposed deadline to finalize a new trade agreement. DOW ON TRACK FOR WORST LOSING STREA…

Jeff Bezos vs National Enquirer: A ‘Government Entity’ May Have Leaked Raunchy Messages: Mark Emem


Amazon CEO Jeff Bezos’ security consultant for two decades, Gavin de Becker, has formed the opinion that the publication of personal details pertaining to Bezos’ extra-marital affair by The National Enquirer may have been politically motivated. Speaking to MS…

Asian Markets Tank, Others Follow as Trump Avoids Xi Meeting Before March Trade Deadline: Tedra DeSue


Asian markets slumped hearing that U.S. President Donald Trump had quashed hopes that a meeting over tariffs with Chinese leader Xi Jinping would happen before a key deadline. Trump didn’t flat out say a meeting with Jinping would never occur. However, the fa…

Trump’s Trade War Bombshell Pummels Dow, But Bitcoin Mounts Recovery: Josiah Wilmoth


The battered US stock market enters the week’s final trading session with little hope of patching its previous-day wounds. Rather, trade war pessimism looks poised to deal further blows to the Dow and its peers, which are currently steeling themselves for maj…

$2.2 Billion and Climbing: How Litecoin Surged 10% Overnight to Become the 4th Largest Cryptocurrency: Joseph Young


Litecoin (LTC) has increased by more than 10 percent in value in the past 3 hours from $33 to $38, becoming the 4th largest currency in the global crypto market. EOS, which secured its position as the 4th most valuable cryptocurrency behind Bitcoin, Ripple, a…

Sony Shares Jump after Japanese Giant Announces Unprecedented ¥100 Billion Stock Buyback: Mark Emem


Japanese conglomerate Sony will kick off a $910 million stock buyback program beginning next week, Reuters reports. The move will result in Sony buying a maximum of 30 million of its own shares. Consequently, the amount of the company’s outstanding shares wil…

A Central Bank Digital Currency May Lead to All Kinds of Monetary Chaos, says Korea’s Central Bank: Yashu Gola


A Central Bank Digital Currency (CBDC) is not good for a country’s financial stability, said the Bank of Korea in its latest report. Dubbed as ‘Central Bank Digital Currency and Financial Stability,’ the study found that the introduction of CBDC deposits woul…

$136 Million in Missing Crypto From QuadrigaCX Could be Gone Forever: WSJ: Joseph Young


Canada’s largest digital asset exchange QuadrigaCX has claimed to have lost more than $136 million worth of crypto in cold wallets controlled by its CEO Gerald Cotten. In an official affidavit filed with the Nova Scotia Supreme Court by Jennifer Robertson, th…

Bitcoin ETF is Coming: Hopeful US SEC Chief Says Approval Only a Matter of Time: Tedra DeSue


A Bitcoin ETF is on its way – really. This according to a U.S. Securities and Exchange Commissioner who thinks a Bitcoin ETF will eventually become a reality. Commissioner Robert J Jackson Jr. expressed optimism about a Bitcoin ETF being on the horizon during…

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