Day: February 23, 2020

The Witcher’s Netflix Success Proves CD Projekt Red Made a Big Mistake

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The Witcher developer CD Projekt Red may have made a huge mistake by not capitalizing on the Netflix series. Sales of The Witcher 3: Wild Hunt soared after the TV show debuted. CD Projekt Red should have timed The Witcher 4 or new Wild Hunt DLC to coincide with the launch of the series. Netflix isn’t the only one reaping the rewards from the success of its new fantasy series, The Witcher. Game developer CD Projekt Red has been cashing in too. The Witcher 4 Was a Pipe-Dream – But…

Bitcoin Dominance May Suggest a Massive Altcoin Selloff is Inbound

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Bitcoin and the aggregated cryptocurrency market have incurred some notable upwards momentum overnight, allowing many altcoins to surge and put some significant distance between their recent lows. This momentum, however, may be short-lived as analysts closely watch to see how Bitcoin’s dominance over the market reacts to a key level, as a bounce at its current level could lead to a selloff amongst altcoins. Bitcoin Could See Some Notable Gains at the Expense of Altcoins Currently, Bitcoin is trading up just under 3% at its current price of $9,880, which…

Who’s The Biggest Coronavirus Loser?

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Coronavirus’ aftermath hit Apple’s business operations, with production levels dropping significantly. South Korea’s outbreak is becoming a “grave situation,” with Samsung Electronics’ factory being shut down. Both tech giants are expected to suffer large losses due to the ongoing epidemic. The arguments between iOS and Android lovers can go on forever. While both camps seem to be busy proving which system is better, there might be a bigger problem looming on the horizon: Coronavirus. With so many headlines covering the latest disease outbreak, the fatal epidemic is really getting out…

Experts Weigh in on Adoption Around the World

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Blockchain usage is exploding around the world. But despite the technology’s many vocal advocates, the spread of technology is never even. Adoption is limited by a number of factors, including infrastructure development, local resources and regulation. As happens with the spread of any emerging technology, certain regions are pulling ahead of the pack. Rado Dragov, the blockchain lead for the International Data Corporation, explained that there are a number of factors that can create favorable conditions for adoption, varying from investment to talent, adding: “Beyond these factors, blockchain investment is…

Peter Schiff Says Bitcoin Will Hit $3,000 Before Gold Does. He’s Wrong.

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Euro Pacific Capital CEO Peter Schiff predicted the housing crash from 2006 to 2007. But now he’s warning about a bitcoin bubble. Schiff predicted Saturday that bitcoin will crash to $3,000, while he says gold will surge to $3,000, but not before bitcoin gets there first. Here’s why Peter Schiff’s wrong this time. Peter Schiff’s views on bitcoin are fascinating. He riled up both sides of the bitcoin vs. gold debate among U.S. dollar skeptics this weekend with this taunting question: Source: Twitter He followed up the humorously provocative question…

Bernie Sanders Is the Next In Line and That’s Good News for Trump

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Bernie Sanders didn’t merely win the Nevada caucuses Saturday, he won more than double the votes of the second place finisher. While Bernie’s supporters are thrilled, the rest of the Democratic party is nervous. Bernie Sanders is following a pattern that led to defeat in the last three presidential elections in a row. Bernie Sanders surged in polling and fundraising through the end of last year. Then he went on to tie for first in Iowa, take first again in New Hampshire, and now he’s crushed the other Democrats in…

Getting Into the Financial Services Revolution With Alex Tapscott

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When the United States Treasury said on Feb. 13 that it would seek to enact new regulations governing cryptocurrencies, the price of Bitcoin (BTC) fell by almost 2% within an hour. But Alex Tapscott, for one, thinks it unlikely that the U.S. government will squash Bitcoin, as some fear. As he told Cointelegraph during a recent interview: “Crushing BTC in the U.S. is not feasible, in good part because key U.S. regulators have already supplied guidance on how it should be regulated,” referring to organizations such as the Commodity Futures…

Analyst Explains Why Bitcoin Is About to Go Vertical to $17,000

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Over the past few days, Bitcoin has been flagging. Ever since it peaked at $10,300 on Wednesday, it has been mostly downhill, with the leading cryptocurrency falling off a cliff on that very same day to $9,250 in an extremely short period of time. Despite this bearish price action, which has been somewhat negated by a recent recovery to $9,900, analysts are extremely optimistic about the medium-term outlook for the crypto. In fact, one prominent analyst suggested that the coming months could see BTC surge towards $17,000, around 70% higher…

Top 5 Cryptos This Week (Feb 23): XTZ, HEDG, ATOM, MKR, LTC

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The top performers of this week are a mixed bag as many altcoins are overbought but traders will be keeping an eye out for those that appear to be picking up momentum. After numerous big companies exited Facebook’s Libra project and several regulators voiced their concerns, news about the project had taken a back seat. However, this week, the Libra Association announced that E-commerce giant Shopify had joined the network. The Libra Foundation said that Shopify, an online marketplace hosting more than one million merchants, would be an “incredible partner…

GameStop’s Aggressive Sales Tactics Won’t Save It From Imminent Doom

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GameStop seems to be going under, as they desperately employ aggressive sales tactics. These tactics appear to be pushing away their already dwindling customer base and sapping employee morale. GameStop deserves everything that is happening, even if their employees don’t. A little while ago we reported that the future of GameStop looked pretty bleak. Apparently, things have only got worse. According to Polygon, the GameStop staff are suffering from dramatic drops in morale and aggressive sales targets. Honestly, it couldn’t happen to a more deserving company.  For years GameStop has…