Category: News
Bitcoin Space Reacts to Bakkt’s September Launch Date Reveal
The long-awaited Bakkt platform has finally been given an official launch date. The regulated Bitcoin futures platform will go live on September 23, 2019. Naturally, the Bitcoin and wider cryptocurrency community has greeted the news with optimism. The price of Bitcoin has responded favourably in the short time since Bakkt made the announcement too. Wait,…
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Visualized: Bitcoin ROI Crushes Stock Market Returns
Those who are involved in or invested in Bitcoin, likely know full well the crypto asset’s long-term price potential and its potential to become the single global currency across the internet and beyond. They also know that Bitcoin has out-performed every asset in history, including anything the stock market has to offer, even including the…
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Time to Panic: Half the World’s Economies Are Headed for Recession
By CCN Markets: Fifty-three percent of countries that offer sovereign debt currently have inverted yield curves, according to one economist. If the percentage gets much higher, there is a strong possibility of a global recession. Daniel Lacalle, Chief Economist at the Madrid-based investment firm Tressis SV, delivered the news via Twitter: Percentage of inverted yield…
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Turkish Bitcoin Adoption Ramps Up amid Flagging Economic Recovery
By CCN Markets: Turkey likes bitcoin more than any of the other 14 nations polled in a recent survey by Dutch banking group ING. Sixty-two percent of Turks were crypto positive, while 36% said they would be happy to be paid in bitcoin. Meanwhile, Austrians were the most skeptical, with only 13% being pro-crypto. These…
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Behind Luminosity-Yelo Deal Lurks Gaming’s Fastest Growing Company
By CCN Markets: You may never have heard of Enthusiast Gaming, but chances are you soon will. With sights set on consolidating one of the largest gaming networks in North America, Enthusiast is making more and more high-profile acquisitions, some of which the gamers you may very well recognize. 🚨🚀 We are proud to welcome…
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GE Stock Rebounds, Short-Seller Citron Slams ‘Arrogant’ Whistleblower
By CCN Markets: Formidable short-seller Citron Research this morning slammed legendary Madoff whistleblower Harry Markopolos following his 170-page General Electric “fraud” report. GE stock tanked almost 12% Thursday on the news but recovered 9% to $8.74 on Friday. Citron, who claimed 2018’s top activist short-seller crown, was not impressed with the damning communiqué, proclaiming it…
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Scammers Move Hundreds of Bitcoin to Exchanges; Is a Dump Inbound?
Over the past couple of days, investors have grown fearful regarding the possibility of a massive Chinese Ponzi scam dumping the significant amount of Bitcoin (BTC) that they hold in wallets onto the markets, which may have contributed to the recent downwards pressure experienced by the entire crypto markets. Now, new data suggests that a…
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Analyst Claims Almost 3,500 Successful Hacks on Non-Crypto Companies in 2019
Popular digital currency industry analysis Twitter account @Rhythmtrader states that almost 3,500 non-crypto companies have had their security breached so far this year. Well over a billion user accounts have been impacted by hackers. Although difficult to verify (RhythmTrader rarely cites where the figures quoted are from), some of the biggest examples have impacted hundreds…
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This Ripple Chart Screams Buy – Will XRP Defy the Altcoin Apocalypse?
By CCN Markets: Since late June when the Ripple (XRP) price reached its 2019 high near $0.50, the cryptocurrency has plummeted nearly 50 percent. Currently, XRP is trading at $0.26, and at least one analyst believes it’s primed for a major recovery. According to the chief market analyst at ThinkMarkets, Naeem Aslam, the altcoin is…
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PlayStation 5 Has the Potential to Kill the PC Gaming Industry
By CCN Markets: Sony is expected to pack the PlayStation 5 with high-end specs, but the latest leak indicates that the Japanese giant is going to hit it out of the park. HotHardware reports that one of PS5’s engineering samples that’s being tested reportedly runs at a graphics card clock speed of 2 GHz, according…
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