Day: March 2, 2020

Why Latest Crypto Rebound Sets Bitcoin SV (BSV) on the Path to $300

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A Coronavirus-induced sell-off led Bitcoin SV down by 46 percent in February, but the cryptocurrency is showing signs of healthy upside retracement heading into March. The controversial cryptocurrency surged by more than 14 percent on a month-to-date basis as buying sentiments erupted across the crypto market. The move led the BSV-to-dollar exchange rate to its new intraday top of $242.88 (data from BitFinex), making the pair one of the best gainers among the top ten crypto assets including Bitcoin. BSV/USD records best gains during the crypto market’s latest rebound |…

Elizabeth Warren Exploits Feminism to Mask Her Lack of Conviction

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Elizabeth Warren and her supporters believe she can remain “in the race” to the convention despite her lack of any real success. Her plan? Outlast her rivals and poach their supporters when they drop out. To achieve this, Warren has to roll back her “grassroots” principles. She’s doing so under the guise of feminism. Remember when Elizabeth Warren was campaigning on the promise that she was going to do things differently? Her claim that she wasn’t going to be “cozying up to Super PACs” was a message repeated throughout her…

Bitfinex to Delist Nearly 50 Cryptocurrency Trading Pairs on March 6

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Bitfinex, the 11th largest cryptocurrency exchange by daily trading volume, will remove dozens of cryptocurrency trading pairs later this week. According to a March 2 blog post, Bitfinex will remove 46 crypto trading pairs on Friday, March 6 due to low liquidity on the platform. The cryptocurrency exchange noted that the delisting of the trading pairs is a common measure that is expected to improve liquidity on Bitfinex platform and lead to a “more streamlined and optimized trading experience for our users.” The majority of trading pairs that are planned…

This is Why Jack Dorsey Will Be Fired & Mark Zuckerberg Won’t

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Elliott Management wants Jack Dorsey out at Twitter. The activist hedge fund partly blames Dorsey’s divided attention for Twitter stock’s underperformance. Facebook’s Mark Zuckerberg need not worry about such an eventuality though. Facebook (NASDAQ:FB) is no stranger to negative headlines. From privacy abuses to misuse of the platform for nefarious ends, the social media giant regularly finds itself mired in controversy. While Twitter (NYSE:TWTR) has its own shortcomings too, they’re far less threatening than what Facebook has endured. Twitter has additionally been more willing to address sticky issues. Last year,…

This is Why Jack Dorsey Will Be Fired & Mark Zuckerberg Won’t

boss

Elliott Management wants Jack Dorsey out at Twitter. The activist hedge fund partly blames Dorsey’s divided attention for Twitter stock’s underperformance. Facebook’s Mark Zuckerberg need not worry about such an eventuality though. Facebook (NASDAQ:FB) is no stranger to negative headlines. From privacy abuses to misuse of the platform for nefarious ends, the social media giant regularly finds itself mired in controversy. While Twitter (NYSE:TWTR) has its own shortcomings too, they’re far less threatening than what Facebook has endured. Twitter has additionally been more willing to address sticky issues. Last year,…

Awkward Final Fantasy VII Remake Demo Has Fun Combat – That’s All

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A free demo for Final Fantasy VII Remake has hit the PSN Store. The demo features the first mission in the mako reactor. While the combat is overall pretty good, the boss fight is irritating and the dialogue is awkward. The Final Fantasy VII Remake demo is finally here. Now we get to see what the game actually plays like. Overall, it’s a mixed bag. The combat is pretty decent, but the dialogue is…interesting. While the demo is sure to excite fans of Final Fantasy VII, it will probably get…

Awkward Final Fantasy VII Remake Demo Has Fun Combat – That’s All

boss

A free demo for Final Fantasy VII Remake has hit the PSN Store. The demo features the first mission in the mako reactor. While the combat is overall pretty good, the boss fight is irritating and the dialogue is awkward. The Final Fantasy VII Remake demo is finally here. Now we get to see what the game actually plays like. Overall, it’s a mixed bag. The combat is pretty decent, but the dialogue is…interesting. While the demo is sure to excite fans of Final Fantasy VII, it will probably get…

A 300 Bitcoin Sell-Order on Binance Drops Price by $100, Sparking Liquidity Fears

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A small bitcoin sell order placed on Binance failed to garner favorable bids from buyers, leading to an unexpected price drop of circa $100. First noted by Hsaka, a prominent crypto analyst, trader(s) opened a 300 BTC sell order on the Malta crypto exchange at around 11:05 UTC. But the position didn’t close at the Ask rate. It put the seller(s) under risk of closing the order at a lesser price. The trader ended up matching a dwarfed bidding rate to attract potential buyers, leading to a price drop of…

Here’s Why Ford Motor Company Still Can’t Avoid Bankruptcy

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Ford stock has entered a free fall, touching 11-year lows. The company reported losses in Q4 earnings and was only able to pay dividends because of its financial arm. Steeply rising auto loan delinquencies and a weak industry outlook will push Ford Motor Company into bankruptcy. Ford Motor Company (NYSE:F) stock has tanked since I last wrote about the company’s unavoidable bankruptcy. After reporting depressing fourth-quarter earnings, the stock is trading near 11-year lows. Ford stock collapsed in February to near 11-year lows. |Source: Yahoo! Finance The automaker’s revenue fell…

Lloyd’s New Insurance Offering Covers Crypto Held in Hot Wallets

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Insurance giant Lloyd’s of London now provides a new type of liability insurance policy to protect cryptocurrency in hot wallets that is lost by theft. Lloyd’s new offering was developed by Lloyd’s syndicate Atrium together with crypto will-focused firm Coincover, with limits from as little as £1,000 ($1,275), Lloyd’s announced on March 2. The policy is also backed by an array of other Lloyd’s insurers, including TMK and Markel, all of whom are members of Lloyd’s Product Innovation Facility. “It is a new type of liability insurance policy with a…