Cryptocurrency Highlights, News, Use Cases And Other Reckonings : #298 (2019-02-14)

in #steemit6 years ago

What High School Chemistry Taught Mike Novogratz about Bitcoin: Tedra DeSue


Bitcoin guru Mike Novogratz went where few have gone in expressing his optimism about the cryptocurrency. Beyond merely referring to it as “digital gold,” he said that its role in the crypto market is akin to gold’s on the periodic table.  Novogratz made tha…

Crypo Market Defends $120 Billion Mark But Bitcoin Price Takes Losses: P. H. Madore


Bitcoin and the other top 5 cryptocurrency assets suffered insignificant losses through the 24-hour period, but they were all in the red. Globally speaking, the only top 10 crypto to see a gain during the period was Tether, which indicates a good deal of sell…

Ripple (XRP) isn’t a Real Cryptocurrency, Claims Exchange that Just Listed the ‘Heavily Centralized’ Token: Greg Thomson


Ripple (XRP) is not a cryptocurrency, and it is heavily centralized in the hands of the corporate entity known as Ripple. That’s the opinion of a cryptocurrency exchange which listed XRP on its platform just one day ago. ‘XRP Is Not a Cryptocurrency’ The Coin…

This Stock Exploited a NASDAQ Loophole to Gain a Staggering 3,000%(+) in Under 7 Days: P. H. Madore


Phunware is a company that has largely posted losses. According to the Wall Street Journal, the company lost almost $26 million in 2017 and another $3 million during the first half of 2018. Nonetheless, the last couple of months have seen wild trading for PHU…

Watch: Facebook Alum. Sean Parker Bashes Amazon, Warns Echo is Spying on Every Word You Say: Tedra DeSue


Facebook founding president Sean Parker wants you to know that Amazon’s Alexa-enabled Echo devices are listening to every word you say and may be filing away your private conversations for future use. Ex-Facebook Executive Sean Parker Bashes Amazon Over Priva…

Why This Privacy Watchdog Says the SEC’s Crypto Exchange Crackdown Threatens to Stifle Free Speech: P. H. Madore


The Electronic Frontier Foundation is taking the SEC to task for potentially repressive policies related to enforcement actions levied against crypto industry firms. Free speech online is the EFF’s wheelhouse, but in a recent blog post, they’ve also addressed…

Oil Throws Dow a Lifeline as Desperate Saudis Plan Even Bigger Output Cuts: Sam Bourgi


The U.S. stock market clung to gains Wednesday, as rebounding oil prices propelled the energy sector-heavy Dow higher following Saudi Arabia’s latest pledge to scale back production. DOW SLAMS ON THE BRAKES By the middle of the day, the Dow Jones Industrial A…

US National Debt Hits Terrifying $22 Trillion. This is Why Bitcoin Matters.: Ben Brown


Today is a record moment in US history. The total national debt has surpassed $22 trillion for the first time ever. The runaway mountain of debt is a terrifying reminder of how fragile the fiat monetary system is. If you want to watch it pile up in real time,…

While Dow Surges, This Key Metric Reveals Professional Investors are Calling the US Stock Market’s Bluff: Tedra DeSue


The Dow and wider US stock market raced higher on Wednesday, adding to Tuesday’s mammoth 372 point gain. Dow Builds on 372 Point Rally Traders are excited that efforts are underway to avoid the government shutdown. While that was good news, investors were par…

California Might Force Silicon Valley to Pay ‘Data Dividends’ – How Will Google & Facebook Respond?: Mark Emem


A little over four weeks since being sworn into office, California Governor Gavin Newsom has already started making enemies in the tech sector – specifically with Silicon Valley powerhouses like Google and Facebook. Gavin Newsom is Already Making Enemies in S…

Japanese Giant GMO’s Bitcoin Exchange and Mining Venture Lost ¥1.3 Billion in Bear 2018: Yashu Gola


Japan-based GMO Internet Inc. (TYO: 9449) incurred an operating loss of ¥1.3 billion (~$11.75 million) in the fiscal year 2018. The IT company published its financial performance on Tuesday, saying that its cryptocurrency verticals, including a bitcoin exchan…

Why Amazon is on the Verge of Absolutely Upending These 4 Markets Worth $220 Billion: Wes Messamore


There be no shelter from Amazon. The retail titan is rapidly expanding in so many directions that its front lines of competition are everywhere. Amazon is currently sending shockwaves through four different markets totaling $220 billion in value. Two of them …

‘Arcane’ SEC Rules May Kill Chances of Bitcoin ETF in 2019: Crypto Mom: Ben Brown


The chance of a Bitcoin exchange-traded fund (ETF) gaining approval this year is slipping away. Securities and Exchange Commissioner Hester Peirce yet again downplayed the prospect of a Bitcoin ETF on Tuesday. Known as “Crypto Mom” for her unwavering support …

Dow Triumphs But a Skeptical Harvard Professor Warns of a Market Collapse: Joseph Young


On February 12, the Dow Jones surged by more than 500 points by 1.49 percent following optimistic forecasts on U.S.-China trade talks. The S&P 500, Nasdaq Composite, and Dow Jones all recorded strong gains in the past month, recovering by nearly 6 percent in …

Dow Sneaks Higher, Bitcoin Price Holds the Line as US Stock Market Clears Major Hurdle: Josiah Wilmoth


The Dow added to Tuesday’s blockbuster rally, and the S&P 500 cleared a key technical hurdle in what is shaping up to be another strong day for the US stock market. The bitcoin price, meanwhile, entered the day with a minor decline but held firmly above its i…

Bitcoin Traders Turn to Derivatives in Droves: The Ultimate Sign of Crypto Winter?: Joseph Young


Amidst the worst bear market in the 10-year history of the crypto market, Bitcoin traders have pivoted from long-term strategies to derivatives and options. According to a Bloomberg report, individual Bitcoin traders, as well as many initial coin offering (IC…

Exclusive: Voyager’s Game-Changing Bitcoin Trading App Just Went Live in the US: P. H. Madore


Voyager, the “Name Your Price” tool of crypto trading, launches in US 9 states this morning. Available on the Apple store as we speak, the powerful new brokerage app enables users to leverage the power of algorithmic trading to find the best deal on Bitcoin, …

Netflix Revenues Soar and Georgia State Wants a Piece with ‘Streaming Tax’ on Citizens: Tedra DeSue


Georgia lawmakers worry that rural residents don’t have suitable access to Internet services. Their solution is to tax people who enjoy streaming services like those offered by Netflix, Amazon, and Hulu. The motivation for the idea may be based on fairness, b…

Israeli NGO Threatens to Sue Coinbase for Enabling Hamas’ Bitcoin Donations: Mark Emem


Cryptocurrency exchange Coinbase has been threatened with a lawsuit by an Israeli civil rights NGO Shurat HaDin (Israel Law Center) if it continues to allow Hamas to fundraise via its platform, The Jerusalem Post reports. Shurat HaDin now wants Coinbase to st…

Lyft Founders Conspire to Take Control of $7.5 Billion Uber Competitor: P. H. Madore


The founders of Lyft, John Zimmer and Logan Green, are working on a plan to retain control of the company after it goes public. They will do this by creating a special class of stock that gives the holders “super voting” rights. The votes will allow the CEO a…

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