Category: News
Ethereum Touches Freshly Formed Resistance Level as Analysts Eye Further Downside
Ethereum’s price action has been closely mirroring that of Bitcoin’s in recent times, which has made it prone to seeing heightened levels of selling pressure in spite of ETH’s multiple recent attempts to break above its long-established resistance level at $190. This selling pressure has sent ETH down to the lower-$180 region while also causing…
Continue Reading
Bitcoin Price at Last Line of Defense: $8,270 Must Hold
Late last month, Bitcoin (BTC) caught traders across the industry with their pants down: in a day’s time, the leading cryptocurrency had pumped by 42%, surging from $7,200 to $10,500 in a jaw-dropping, historical move higher. In fact, that day marked Bitcoin’s fourth-largest daily move… ever, and the largest price jump by percentage since 2011. Related Reading:…
Continue Reading
Long Live Single-Player Games, Says Star Wars Gaming Community Lead
Ben Walke, Global Community Lead on Star Wars games, recently tweeted out support for single-player games. Single-player and multiplayer games seem to be in a constant war with each other. In reality, a balance between the two sides is really important. The battle between single-player and multiplayer games has been raging for decades. Many companies…
Continue Reading
Trump Bragfest Continues After a Stellar Week for the Dow
President Trump is once again taking credit for new all-time highs in the Dow Trump is positioning himself in a win-win scenario as his impeachment inquiry continues. Some Twitter followers credit the gains to his potential impeachment. President Trump is once again a leading cause for the latest surge in U.S. stocks. Or so he…
Continue Reading
Andrew Yang’s Plan to Regulate ‘Big Tech’ Is Tyranny
Andrew Yang’s plan to regulate big tech will end up backfiring, and trample the Constitution in the process. As technology outpaces government’s understanding of it, policymakers are at a loss in trying to regulate it properly. Yang’s proposal to create more government, not to mention a new department, completely ignores the $22 trillion deficit hanging…
Continue Reading
Embattled Boeing Seeks to Regain Trust Ahead of 2019 Dubai Airshow
Boeing is readying the Dubai airshow, but it continues to face backlash for the two 737 Max jet disasters. Investors have been giving Boeing the benefit of the doubt, but regulators and the general public have not. Boeing will face fierce competition on Sunday at the 2019 Dubai Airshow, where it will attempt to save…
Continue Reading
Crypto Tidbits: RBC May Embrace Bitcoin, China Bashes Cryptocurrency, Ethereum DeFi Booming
Another week, another round of Crypto Tidbits. The past seven days were rather painful for Bitcoin (BTC), with the leading cryptocurrency tumbling by some 4% according to Coin360. Altcoins have posted similar losses. As of the time of writing this, BTC is trading for $8,500, seemingly poised to break down further as bulls fail to…
Continue Reading
Bitcoin May Soon Face Major Bull Movement, if History Rhymes
Bitcoin’s recent bout of intense selling pressure has slowed as the crypto finds some support within the lower-$8,000 region, which appears to be holding strong as its price has been able to slowly inch higher in the time since BTC touched its near-term support level. Analysts are now noting that Bitcoin may currently be expressing…
Continue Reading
US Interference in Hong Kong Protests Could Hinder China Trade Deal
Hong Kong protests are escalating, which has pushed U.S. lawmakers to ‘hotline’ the Hong Kong Human Rights and Democracy Act. Trump is unlikely to block the bipartisan bill, which could anger Beijing and stall trade talks. While further tension between the U.S. and China isn’t in either nation’s best interest, China’s rhetoric suggests the nation…
Continue Reading
Juul Insiders Throw Cash Behind a Surprising Democratic Presidential Candidate
Kamala Harris received nearly twice as much in campaign donations from Juul insiders than any other Democratic presidential candidate. In fact, she’s received more Juul cash than every other candidate combined. Why are Juul insiders supporting her rather than more popular candidates like Joe Biden? While likely Democratic presidential primary voters rally around Joe Biden,…
Continue Reading