Day: February 11, 2020

China’s Top Virologist Makes Bombshell Coronavirus Claim; Is it True?

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Top Chinese scientist believes the coronavirus outbreak will peak in February. Various data and footage shared by the Western media suggest real numbers are much higher. It has caused the Chinese people to protest online, wanting freedom of speech. Zhong Nanshan, a top Chinese virologist well known for his role in fighting against the SARS outbreak some 17 years ago, says coronavirus will reach its peak in February. Zhong Nanshan, is the head of the National Health Commission’s team investigating the novel coronavirus outbreak. | Source:. REUTERS/Thomas Suen That is…

China’s Top Virologist Makes Bombshell Coronavirus Claim; Is it True?

boss

Top Chinese scientist believes the coronavirus outbreak will peak in February. Various data and footage shared by the Western media suggest real numbers are much higher. It has caused the Chinese people to protest online, wanting freedom of speech. Zhong Nanshan, a top Chinese virologist well known for his role in fighting against the SARS outbreak some 17 years ago, says coronavirus will reach its peak in February. Zhong Nanshan, is the head of the National Health Commission’s team investigating the novel coronavirus outbreak. | Source:. REUTERS/Thomas Suen That is…

Monday’s Price Drop Didn’t Break Bitcoin’s Bullish Trend

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View Bitcoin’s broader uptrend is still valid despite Monday’s sudden move lower from $10,200. The weekly chart shows scope for a test of the October high of $10,350. A deeper pullback to support below $9,600 may be seen before the return of the rally, as the short duration charts are indicating buyer exhaustion. A UTC close under $9,075 (Feb. 4 high) would invalidate the bullish setup. Bitcoin’s broader bullish trend is intact despite Monday’s sharp retreat from a 3.5-month high over $10,000. The cryptocurrency ran into offers near $10,200 and…

40 German Banks Seek Regulator’s Green Light to Offer Bitcoin Custody

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On the heels of new Anti-Money Laundering laws, several German banks are reported to be seeking regulators’ go-ahead to offer digital assets services.  Local newspaper Handelsblatt reported on Feb. 7 that Germany’s Federal Financial Supervisory Authority (BaFin) is dealing with a cascade of applications from 40 banks seeking to become regulated cryptocurrency custodians.  As of Jan. 2020, new legislation has permitted banks to extend their offerings beyond traditional securities such as stocks and bonds to include cryptocurrencies, like Bitcoin (BTC), Ether (ETH) and XRP. “Both a blessing and a curse”…

Indicator That Preceded 1,000% Rally Ripple’s XRP Just Flashed Again

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Over the past day or two, the crypto market — from Bitcoin to Ripple’s XRP — has begun to slow. The prices of the leading digital assets have finally taken a breather after days and days of uptrend without too much of retracement. While some fear that this slight drop in the price of cryptocurrencies could be a precursor to a greater move lower, XRP just printed an extremely bullish signal that suggests it will be going higher in the coming weeks and months. Related Reading: Eerie Fractal: Bitcoin Price…

Italian Regulators Bar Eight Bitcoin and Forex-Linked Websites 

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Commissione Nazionale per le Societa e la Borsa (CONSOB), Italy’s securities regulator has clamped down on eight cryptocurrency and forex trading related websites allegedly promoting their services in an illegal manner in the region. In the past few months more than 150 forex and crypto domains have been blocked by Italian authorities, reports Finance Magnates on February 11, 2020. CONSOB Crackdown Crypto Sites  As part of plans to sanitize its financial ecosystem and rid it of players who fail to abide by its rules, Italian securities regulator, CONSOB has wielded…

Arsenal’s Big Summer Blowout Must Include a Massive Lacazette Sale

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Mikel Arteta needs funds to reshape the squad in his image. Lacazette has been disappointing this season and will turn 29 in May. Arsene Wenger recognized the importance of cashing in at the right time – Arteta should follow suit. Alexandre Lacazette was voted Arsenal’s Player of the Year last season. The France international scored 19 goals in all competitions. He also impressed with his link-up and combination play. Arsenal may have missed out on Champions League qualification, but Lacazette did all he could to get them there. It has…

Coinbase Adds Support for 2 More Cryptocurrencies in New York State

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After dropping zcash in its U.K. operation last year, Coinbase has now added the privacy enhancing cryptocurrency in New York state. The San Francisco-based crypto exchange announced the news in a tweet on Monday, saying that the state’s residents can now buy, sell and exchange zcash (ZTC) on Coinbase.com, as well as in its iOS and Android apps. Last August, Coinbase U.K. quietly dropped support for zcash, providing no reason in letters to its customers. However, the move came as British regulators were saying that exchange platforms may need to…

Sony’s $229 Million Splurge is Small Change for PS4’s Spider-Man

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Sony acquired Insomniac Games for $229 million, mainly in cash. Marvel’s Spider-Man brought in nearly 200 million in the first three days after release. Sony secured a bargain compared to other high-profile studio acquisitions. Sony Interactive Entertainment spent $229 million to acquire Insomniac Games according to details in a quarterly securities report filed with the US Securities and Exchange Commission yesterday. $229 Million For Spider-Man Developer The pertinent passage reads; Sony Interactive Entertainment LLC, a wholly-owned subsidiary in the Game & Network Services (“G&NS”) segment of Sony, completed the acquisition…

Trump’s New Budget Would Have Secret Service Investigate Crypto Crimes

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President Donald Trump’s $4.8 trillion 2021 budget proposal hopes to reconsolidate the Secret Service with the Treasury Department in order to enhance cyber and financial crime investigations. Established in 1865, the Secret Service was created as a department within Treasury charged with protecting U.S. currency against counterfeiting risks. In 2002, the Secret Service was transferred to the Department of Homeland Security — a move Trump now wishes to reverse. This will, the administration claims, “create new efficiencies” in the investigation of financial crimes, which have evolved and become increasingly more…