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It’s only April but 2020 has already been a crazy year: Bitcoin crashed 50% in a 36-hour time frame, the outbreak of COVID-19 has started, the price of oil went negative as recession fears have mounted, and, according to reports, North Korea’s leader is in a condition of poor health,
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Cointelegraph spoke with Josua Kim, CEO of Vinetree Corp. — the company behind GameTalkTalk DApp on the blockchain-based Lutena Protocol. Mr. Kim spoke about blockchain applications in the video gaming space, and Vinetree’s vision of the industry’s future.In search of better ways to match games with potential usersKim believes that
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Ethereum failed to clear the $162 resistance and declined recently against the US Dollar. ETH price is now approaching the main $145 support, where the bulls might take a stand.Ethereum is showing a few bearish signs below the $155 and $162 resistance levels.A new monthly low is formed near $148
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The world’s largest manufacturer Bitcoin ASIC miners, Bitmain, has sold out its first round of domestic Antminer S19 sales within 24 hours of accepting orders.On March 23, Bitmain tweeted that it opened up its first phase of domestic sales for its long-await Antminer S19s — before selling out on
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Ethereum is currently consolidating losses above the $190 zone against the US Dollar. ETH price is facing many hurdles on the upside such as $208, $212, and the 100 hourly SMA.Ethereum is not showing any major bullish signs above the $200 level against the US Dollar.The price is likely to
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The iFinex–Tether market manipulation lawsuit continues. Last week, Judge Katherine Failla of the Southern District of New York selected Roche Cyrulnik Freedman as interim lead plaintiff counsel, and four civil actions were consolidated into a single class action: Leibowitz v. iFinex Inc. In the complaints, iFinex’s subsidiary, Bitfinex, and related
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History shows that emergency interest rate cuts precede a bear market. WHO issues new guidance regarding the mortality rate of COVID-19 (coronavirus). A new study estimates that the virus could easily halve economic growth this year. The Federal Reserve shocked market participants on Tuesday after announcing an aggressive 50-point
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The Dow Jones has fallen almost 13% since February highs as coronavirus panic grips the market. The Federal Reserve emergency rate cut wasn’t enough to stop the bleeding on Tuesday. Only Trump can turn things around with a wave of fiscal policies to support the economy. We learnt one
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Both the S&P 500 and Dow Jones are attempting to rebound after a brutal selloff last week. The Fed is very likely to aggressively cut rates to support the stock markets. The rate cuts may inspire an immediate bounce but the long-term impact of the virus on the economy
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Elliott Management wants Jack Dorsey out at Twitter. The activist hedge fund partly blames Dorsey’s divided attention for Twitter stock’s underperformance. Facebook’s Mark Zuckerberg need not worry about such an eventuality though. Facebook (NASDAQ:FB) is no stranger to negative headlines. From privacy abuses to misuse of the platform for
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