Allianz chief advisor says Bitcoin adoption is a myth.
Allianz chief advisor says Bitcoin adoption is a myth.
WASHINGTON (Reuters) – U.S. consumer prices accelerated in August amid a jump in the cost of gasoline and rents, signs of firming inflation that could allow further monetary policy tightening from the Federal Reserve this year.
from Reuters: Business News http://ift.tt/2h4BIU2 http://www.reuters.com
Eher may be set to head lower. If chart analysis is any indication, traders may be turning bearish as the market readies to retest July lows.
from CoinDesk http://ift.tt/2wbV7gb http://ift.tt/1kITr2E
BTCChina has confirmed it will stop trading at the end of the month in response to regulatory pressure.
China-based exchange BTCC has announced it will be closing its doors to domestic trading, while Shanghai media indicates a broader crackdown.
from CoinDesk http://ift.tt/2xBcffQ http://ift.tt/1kITr2E
LONDON (Reuters) – London Mayor Sadiq Khan declined to comment on Thursday whether taxi app Uber [UBER.UL] will have its license renewed ahead of a decision due by the end of month, saying that giving a running commentary could prompt legal action afterwards.
from Reuters: Business News http://ift.tt/2f7gRT4 http://www.reuters.com
(Reuters) – Saudi Aramco’s planned initial public offering remains on track, the company said on Thursday, after Bloomberg reported that the oil company is preparing contingency plans for a possible delay by a few months into 2019.
from Reuters: Business News http://ift.tt/2eXzDc5 http://www.reuters.com
Bitcoin prices fell below $4,000 Tuesday, a move that comes at a time when traders are uncertain of whether the asset’s first-half gains can continue.
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This week we learned that Deutsche Börse “Deep at Work” on Bitcoin and John McAfee predicted bulls’ billions will soon be pumped by institutional investors, despite the current cool market. These stories and many more were covered in this week’s daily … Read More
Loom Network, which came up with the idea of dedicated “dappchains” for scalable decentralized apps, is embracing sharing. from CoinDesk https://ift.tt/2sefVQf https://ift.tt/1kITr2E
Could the new European data protection regulation (GDPR) become a threat to blockchain? https://ift.tt/2alQVjr
In our latest historic snapshot analysis, we look at the performance of the top ten cryptocurrency markets since May 28th, 2017. Despite suffering heavy losses during 2018, the average price gain of the top ten markets has been 170% when … Read More
New leaders with ambitious business strategies are on the rise within monero, seeking “usability for ordinary people.” from CoinDesk https://ift.tt/2GUYoB8 https://ift.tt/1kITr2E
BEIJING (Reuters) – Qualcomm Inc is expecting to meet this week in Beijing with China’s antitrust regulators in a final push to secure clearance for its proposed $44 billion acquisition of NXP Semiconductors NV , three sources told Reuters. from … Read More
Earlier this month, Bitgrail’s principal Franceso Firano attempted to reopen the Italian cryptocurrency exchange after $170 million in losses and during their legal sorting out. An inside job or software hack, that hasn’t had an official determination, and fingers are … Read More
DUBAI (Reuters) – Sembcorp Salalah Water and Power Co , which operates an electricity generation and seawater desalination plant in Oman, said its water production plant had been temporarily shut down because of rough seas as a result of a … Read More
HONG KONG (Reuters) – Tencent Holdings chairman pledged to advance China’s semiconductor industry, saying the blow to ZTE Corp from Washington’s ban on U.S. firms supplying telecommunications company was a “wake-up” call, local media reported. from Reuters: Business News https://ift.tt/2siexuW … Read More
There’s a new card game called ‘Bitcon’ that’s been introduced on Kickstarter that allows people to experience the cryptocurrency investment fever for amusement and laughs. The strategy game was created by two cryptocurrency investors who were tired of hearing about … Read More
FRANKFURT (Reuters) – Daimler faces an investigation of 40,000 diesel Vito vans and 80,000 C-Class model cars for possible illicit software that allowed the vehicles to emit excess pollution without detection, Bild am Sonntag reported, citing no sources. from Reuters: … Read More
An initiative to erect a monument of Satoshi Nakamoto in Ukraine’s capital is gaining momentum and support. The idea is to place the statue right where the red Karelian stone figure of Lenin used to stand, before it was taken … Read More
A guide to the complex crypto regulation framework in the US: Here’s how SEC, CFTC, FinCen and IRS view Bitcoin https://ift.tt/2alQVjr
This week, a number of companies listed on the Tokyo Stock Exchange revealed their plans to enter the crypto exchange business. They include one of the most popular budget-managing app operators, an entertainment conglomerate, one of the largest music labels, … Read More
South African Police are investigating an alleged crypto investment fraud in which 28,000 investors are said to have lost over $80 mln https://ift.tt/2alQVjr
The Japanese tax authority has for the first time revealed the number of high-income taxpayers who declared cryptocurrency profits in the year 2017. Out of the total number of taxpayers with miscellaneous income of 100 million yen or more, excluding … Read More
MOSCOW (Reuters) – A return to the oil production levels that were in place in October 2016, baseline for the current deal to cut output, is one of the options for easing curbs, Russia’s energy minister said on Saturday. from … Read More
There’s a new Point-of-Sale (PoS) service the Bitcoin Cash community has been talking about called, Bchpls.io, an app that enables any brick n’ mortar merchant to accept BCH with just two devices by providing a customer screen, and a cashier … Read More