After testing $10,000 multiple times over the last three weeks, Bitcoin finally broke through this key level of resistance before dropping back down to the $9,500 range after a whale dump. Technical analysts predicted that BTC would break to the upside for many reasons: Above 20-day EMA Golden cross on daily chart RSI between 55-75 […]
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Warren Davidson, a United States Representative said that Bitcoin being added to Facebook’s Calibra wallet is a “way better idea” than having to create Libra, Facebook’s new currency. Noded Bitcoin podcast had an interview with Warren Davidson on October 11, 2019. Davidson mentioned that “part of the beauty” of the unveiling of the proposed Libra […]
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A lot of aspiring traders just come and go, because of the harsh treatment of the trading industry. Not really knowing what they got themselves into. So why do so many people get into trading despite knowing the probability of failure? 10 Statistics that Show Traders Are Having a Hard Time The main reasons why […]
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Bitcoin (BTC) has the largest share of the overall cryptocurrency market right now since before 2017 when it reached the $20,000 record-breaking bull run. According to the information from CoinMarketCap, a major alternative coin tracking resource, as of September 3, 2019, Bitcoin holds 70.5% of the cryptocurrency market cap’s total. Bitcoin market cap reached pre-$20,000 […]
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DOGEcoin made headlines everywhere as a meme coin that exploded in value after some activity on Reddit, followed by tweets by Elon Musk. Now other meme coins are attempting to follow the DOGE coin trend, and one of them may pick up steam. HOGE Finance is another meme coin, with one main point of difference: […]
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Back in December, news broke that Visa and BlockFi were partnering to release a “Bitcoin Rewards Visa Credit Card.” A CNBC report on the news indicated that this would become the first credit card to offer Bitcoin rewards, which naturally generated some excitement. Traditional banks and credit card providers have been embracing cryptocurrency slowly and […]
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California’s Department of Motor Vehicles (DMV) has awarded Nuro the state’s first commercial permit for self-driving cars. The permit allows Nuro to operate its autonomous vehicles commercially on the roads of two counties near the company’s Bay Area headquarters. Nuro says it will soon announce its first commercial deployment with an “established” partner. The company’s… […]
Continue ReadingA surge in eCommerce returns driven by COVID-19-related policy changes is hurting retailers but helping logistics companies, the Financial Times reports. On each side of the equation, the math is simple. Retailers that sell a product to a customer who ultimately returns it not only absorb the cost of executing a sale that ultimately will […]
Continue ReadingU.S. airlines are likely to lose more than $35 billion in 2020, CNBC reported, citing public documents and analysts’ forecasts. Moreover, airlines aren’t expected to recover until the second half of calendar 2021, according to CNBC. Among the data CNBC cited were major drops in the share prices of airlines in 2020 — declines that […]
Continue ReadingT-Mobile has told some customers of a “security incident” in which a malicious party “may have impacted some of your T-Mobile account information.” A web page to which some customers were pointed states that the stolen data “may have included phone number, number of lines subscribed to on your account and, in some cases, call-related […]
Continue ReadingFinja, the Pakistan-based digital lending FinTech, has raised $9 million in a Series A round for $10 million, according to a company press release. The company counted contributions from ICU Ventures and the existing investors BeeNext, Vostok Emerging Finance, Quona Capital, and Gray MacKenzie Engineering Services, which is a Descon company. The release says the […]
Continue ReadingMGM Resorts International is trying to acquire Entain, the British parent of major online-gambling player Ladbrokes, the Wall Street Journal reports. The Journal said the cash and stock offer for the company, which is valued at about $9 billion, follows a $10 billion cash-only offer that Lanbrokes rejected. The Journal said it was unable to […]
Continue ReadingThe Financial Action Task Force (FATF) is warning of new ways of money laundering via exports like onions, potatoes, soft fruits or expensive cars, a report from the Financial Times says. Called trade-based money laundering, the new kind of fraud, according to FATF President Marcus Pleyer, enabled one criminal organization to move over $400 million […]
Continue ReadingThe recently discovered cyber attack on federal government agencies and companies handling data as sensitive as information regarding new nuclear weapons was run from servers within the United States, The New York Times reports. The intruders’ use of servers within the country made the attack especially potent because of laws that prevent the government’s main […]
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