A recent survey conducted by Chinese blockchain news site PANews made some interesting conclusions. Namely, overall 63% of 4,200 people surveyed think cryptocurrencies like Bitcoin are unnecessary as a payment system. However, 40% would consider inve
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It’s ‘Ripple’: Kraken Wades into XRP Cryptocurency Naming Debate
As Kraken adds XRP margin trading, it appears to have been drawn into a Ripple versus XRP naming debate that first emerged earlier this year. How the debate began with Kraken is unclear, but Kraken tweeted in an obvious response to a reference to its
Consumer Confidence Drops, Can Retailers Like Walmart End 2018 Well?
The confidence of consumers in the mid-term performance of the U.S. economy has declined, placing more pressure on retailers like Walmart and Target that have been struggling since the beginning of the fourth quarter of 2018. Along with major technol
Singapore Crypto Exchange Switcheo Announce SDUSD Stablecoin Support
The Singapore crypto exchange Switcheo has announced over the holiday period that it now supports the Alchemist launched SDUSD stablecoin. The Dollar-pegged coin was created to hold the value of $1 and is locked to NEO. Switcheo Exchange made the ann
1000-Point Swings ‘New Reality’ for Dow Jones Index: Allianz Economist El-Erian
Mohamed El-Erian ? the chief economic adviser at Allianz SE ? says concerns over a US recession are overblown, but we can expect wild fluctuations on the Dow Jones Industrial Average in 2019 because of financial uncertainty in Europe and China. Howev
US-China Trade Deal Moving Well, Could Stock Market Rebound in 2019?
The trade war between the United States and China has placed immense pressure on the stock market of both countries since mid-2018. With a new trade agreement in the works, China-U.S. relations are expected to improve in the months to come. U.S. Pres
Op-Ed: Bitcoin Security — How Do We Arrive at Consensus?
If the title sounds confusing, that’s not surprising. I was trying to get creative and find a set of words that could express how I perceive most will react upon learning the theme of the article. For what I want to discuss with you guys today
Year of the Bear: Making Sense of the Bitcoin, Stock Market Downturns
The sell-off in US stocks which began in October is establishing 2018 as the worst year the market has encountered in a decade. As of December 28, the S&P 500 index was down about 7 percent on the annual and 15 percent from its high. Other indexe
Bitcoin Hits $4,000 But Retraces, is Another Drop to Mid-$3,000 Next?
On December 29, the Bitcoin price briefly surpassed $4,000, initiating a promising rally from around $3,600. In the past 24 hours, the value of Bitcoin has retraced from $4,000 to $3,800, falling to $3,688 at the day's lowest point. The decline i
Bitcoin in 2019: Analysts See Institutional Investors Wading into Crypto
The bitcoin price got hammered in 2018 amid the prolonged Crypto Winter, but many investment experts expect the volatility to subside in 2019, as institutional investors start entering the market. Some analysts believe bitcoin will re-emerge ? like t