Dow Jones Industrial Average (DJIA) futures bounce back after yesterday’s brutal 1,000 point plunge. Harvard professor says the coronavirus likely can’t be contained and could infect more than half the world’ population. The impact on global GDP could be more than $1 trillion. After the worst selloff in two years, the U.S. stock market looks
Iran’s deputy health minister has been infected with coronavirus. The news comes an hour after the nation’s President asked citizens to not panic about the epidemic. Experts believe the number of cases in Iran to be much higher. Iran’s Fars news agency has reported that the nation’s deputy health minister Iraj Harirchi has been confirmed
In a U.S. courthouse for the Southern District of New York, Judge Katherine Failla heard this afternoon from three plaintiff teams suing iFinex et. al. and vying to serve as lead counsel in the emerging class action with potentially tens of thousands of injured members. IFinex’s Tether (USDT) stablecoin firm and its Bitfinex subsidiary are
In an era of increasing economic uncertainty, surveillance, specialized cybercrime and hacking, knowing how to hide bitcoin safely has become a paramount concern for crypto holders. Whether it’s by way of taking wise opsec measures, utilizing noncustodial tools, leveraging a DEX, or even storing seed phrases in your brain, there’s no shortage of measures that
Bitcoin struggled to stay above $9,750 and declined towards the $9,500 support against the US Dollar. BTC price could decline heavily if it settles below the key $9,500 support. Bitcoin price struggled to continue higher and declined below $9,750 against the US Dollar. A strong support is forming on the downside near the $9,500 area.
Bitcoin prices have slowly inched back today but they are currently holding at support as another day’s trading gets under way. A head and shoulders pattern could be bad news for short term direction. Crypto markets have had another day of declines with total capitalization shrinking by almost 3% as $8 billion leaves the space.
A New Jersey lawmaker wants to license crypto exchanges and custodians looking to conduct business in the Garden State. Assemblywoman Yvonne Lopez (D.-19) introduced the Digital Asset and Blockchain Technology Act Friday, putting forth a proposal to license any entity looking to provide digital asset trading, storage, purchase, sales, exchange, borrowing/lending or issuance services. The
J.P. Koning, a CoinDesk columnist, worked as an equity researcher at a Canadian brokerage firm and a financial writer at a large Canadian bank. He runs the popular Moneyness blog. I don’t know about you, but the thing that got me interested in bitcoin was its potential to become a popular way to make payments
The stock market cratered on coronavirus fears. Donald Trump took to Twitter to try to calm investors’ nerves. Analysts see more downside potential for the stock markets. When they tell you not to panic, that’s when you run. This line from the movie “2012” appears to be relevant these days as governments around the globe
On Monday morning equities markets in the United States and Europe dropped sharply as investors fear over the continued spread of COVID-19, also known as the Coronavirus, intensified. Earlier in the day, the Italian government instituted a quarantine on 10 towns as the number of people infected by the highly infectious virus rose to 152
The United States’s U.S Treasury is tracking bitcoin holders…as a U.S. citizen, here is what you can do. Plus listen to Willy Woo predict when we will reach mass adoption! Follow us on Twitter: https://twitter.com/AltcoinDailyio’ Unconfiscatable Conference Live Stream https://www.unconfiscatable.com/ Follow me [Austin] on Instagram here 👇 https://www.instagram.com/theaustinarnold/ Follow us on Patreon here: https://www.patreon.com/AltcoinDaily Huge
As central bank digital currencies (CBDCs) march into view, a privately-run version of digital fiat is adding a key tech partner. Utility Settlement Coin (USC), the blockchain-based payments system involving commercial and central banks, will be working with ConsenSys-backed startup Adhara, CoinDesk has learned. Adhara was behind Project Khokha, which used enterprise blockchain client Quorum
As U.S. stocks tumbled on Monday by the most in six months amid renewed coronavirus fears, bitcoin barely budged – at least in terms of the notoriously volatile cryptocurrency’s trading history. Bitcoin (BTC) was down 4.6 percent as of 6:17 p.m. UTC (1:17 p.m. ET) to $9,517. But a decline of that magnitude represents merely
Caitlin Long, a former Wall Street executive who has helped Wyoming enact 13 blockchain-enabling laws, is taking advantage of the progressive Wyoming legislature to establish a first crypto-native bank in the U.S. The bank’s name is Avanti, which means “forward” in Italian. Long made this announcement earlier today in a series of 29 tweets. She
“I don’t have any bitcoin. I don’t own any cryptocurrency, I never will … You can’t do anything with it except sell it to somebody else.” So claimed Warren Buffet in an interview this week on CNBC. Over the course of the two-minute segment, the billionaire investor tore into bitcoin’s value proposition, and obliquely threw
One of the earliest Bitcoin proponents is facing criticism for publicly endorsing an alternative crypto asset. Trace Mayer, who recommended people buy Bitcoin back in 2010, appeared on a recent YouTube interview talking very highly of Mimblewimble Coin. Industry observers have taken issue with the fact that Mimblewimble Coin launched with a 50 percent pre-mine.
The Dow Jones nosedived Monday, but investors who are willing to take a risk could use this dip to nab value stocks. Warren Buffett reminded investors not to panic over the weekend as coronavirus spread throughout Italy. While the virus is likely to dent global growth, the impact is still likely to be temporary It
PewDiePie trashed fellow YouTuber Jake Paul’s new financial freedom courses in a recent video. But Felix is guilty of shilling sketchy financial products too. To top it off, PewDiePie gives financial advice in the video, while criticizing Jake Paul for not having any credibility to give financial advice. PewDiePie wasn’t back on YouTube for long
DreamHack Anaheim 2020 Warcraft 3 Open Cup took place this past weekend. A bevy of games were plagued by performance problems. Pro player ThorZaIN saw his chances of reaching the semi-finals thwarted by multiple disconnection issues. Last weekend’s DreamHack Anaheim 2020 Open Cup drew in the best and brightest Warcraft III layers. Among them, Swedish
What happens to your bitcoin after you die? This is more than just a philosophical question: It could involve a substantial amount of currency. The question of crypto and the Great Beyond is what prompted about 20 or so developers to get together in London recently to experiment with repurposing the current lightning protocol to