Bitcoin Retreats By $700, Spike Above $18,000 Poses First Potential Peak
Bitcoin price just had its first decent-sized pullback since making it above $16,000. Less than 48 hours later,
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Poses
China Poses Impediment to Arm Acquisition by Nvidia, Deal of $40 Billion
The primary focus for the Nvidia-Arm deal is the fact that an American company is acquiring the globally recognized tech company, hence putting China at the direct hands of Americans.On September 13, 2020, Nvidia Corporation (NASDAQ: NVDA) and SoftBank Group Corporation (OTCMKTS: SFTBY) jointly announced that the former would acquire
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Four Separate Threats Quantum Computing Poses to Bitcoin – Blockchain News, Opinion, TV and Jobs
by Kelce S. Wilson, PhD, MBA, J.D. In this article, there are four separate threats to Bitcoin by
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Ethereum 2.0 Should Be Secure and Scalable but Poses Risks for Users
Alongside the ultimate scalability and security for the Ethereum network, the upcoming Ethereum 2.0 upgrade to a proof-of-stake model promises to bring additional, new benefits to its users, too. One of the main attractions, which encourages buying Ether (ETH), is a staking model that allows receiving passive income for the
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Amazon Has Thrived During Coronavirus. But the Pandemic Also Poses Grave Threats
The coronavirus pandemic presents both opportunities and threats to Amazon. Legislative scrutiny will only grow as Amazon’s dominance becomes more evident. An increasing number of its lowly paid workers have been dangerously exposed to the novel coronavirus. Amazon (NASDAQ:AMZN) has emerged as one of the leading beneficiaries of the
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Silicon Valley Startups’ Funding Troubles Poses Unique Threat to the Crypto Industry
A report from law firm Fenwick & West LLP reveals venture capitalists have tightened spending in light of the economic crisis, spelling trouble for crypto startups looking for investment money.Not only that, but the findings of the report also show deflation in company valuations when compared to pre-pandemic times.Indeed, in
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Japan’s Horrific GDP Spiral Poses Major U.S. Stock Market Threat
Global economic headwinds are reaching critical levels after a horrific Japanese GDP figure on Sunday. With China, Germany and Japan all slowing even before the coronavirus hit, recession risks continue to rise. The great divergence between economic fundamentals and stock market returns continues as Dow Jones, S&P 500 and Nasdaq futures rose
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G7 Says that Bitcoin Failed but Libra Poses Threat to Financial Stability
G7 has just recently released a report addressing a long list of concerns it has with global stablecoins like Libra.French Finance Minister Bruno Le Maire said on Friday that Paris, Rome, and Berlin will join together in the effort of blocking Facebook’s new digital currency Libra in Europe.This is not
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Facebook’s Foray into Cryptocurrency Poses New Risks for Banks
The Bank of International Settlements (BIS) has warned that the financial services poised to be offered by big tech firms such as Facebook, Google and Amazon could generate new risks for the banking sector.The BIS — an international financial institution in Switzerland owned by 60 of the world’s central
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Binance’s New Stablecoin Poses Serious Threat to Tether’s Dominance
By CCN: According to Wei Zhou, the chief financial officer at Binance, the most widely utilized crypto asset trading platform in the global market, the exchange is planning to issue a stablecoin in the upcoming months, possibly to compete against Tether. Tether dwars other stablecoin in bitcoin volume on Binance (source:
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