Day: March 3, 2020

Bitcoin On-Chain Analytics at Odds With Sub-$8K Bitcoin Price Forecasts

boss

At the start of February, the cryptocurrency market was doing fairly well with many altcoins pressing above their 2-year old descending trendlines and breaking above the 200-day moving average on astonishingly high volume surges that provided investors with double and triple-digit returns on a nearly daily basis. By Feb. 13, Bitcoin (BTC) was trading at $10,500 and bullish analysts forecasted that any day the $11,000 and $11,500 resistance levels would be obliterated, opening the door for a swift return to the $12K zone. Even as Bitcoin price rejected at $10,400…

Fox News ‘Raw Bats’ Coronavirus Theory Isn’t Just Laughable – It’s Dangerous

boss

At least six people have died in the U.S. as the coronavirus outbreak continues to spread. The virus originated in China, although the infection rate there seems to be slowing. Fox News didn’t miss the opportunity to throw some fake news into the mix this week. Led by the Trump zealots at Fox News, the conservative press in the United States has made some pretty outrageous claims regarding the coronavirus outbreak over the past month. The chattering classes are shamelessly using the crisis as a political football ahead of the…

Fox News ‘Raw Bats’ Coronavirus Theory Isn’t Just Laughable – It’s Dangerous

boss

At least six people have died in the U.S. as the coronavirus outbreak continues to spread. The virus originated in China, although the infection rate there seems to be slowing. Fox News didn’t miss the opportunity to throw some fake news into the mix this week. Led by the Trump zealots at Fox News, the conservative press in the United States has made some pretty outrageous claims regarding the coronavirus outbreak over the past month. The chattering classes are shamelessly using the crisis as a political football ahead of the…

Bitcoin Recovers as Coronavirus Pandemic Continues to Hurt Markets

boss

On March 3, Bitcoin (BTC) price gained the most on speculation that the US Federal Reserve, as well as other central banks, will be supporting markets even as concerns of the coronavirus outbreak continue to grow. Bitcoin Jumps Over 4% After Last Week’s Plunge Bitcoin gained 4% to take its price to $8,895, having suffered a double-price decline last week. This is welcome news for Bitcoin bulls, following last week’s 14% drop, which was BTC’s largest weekly loss since November.  In the third week of November, Bitcoin dropped around 19%.…

China’s Insane Fortnite Limits Take ‘Nanny State’ to Ridiculous New Levels

boss

China is implementing new Fortnite gameplay restrictions. These new limits could severely hinder the country’s expanding the esports scene. Overall, in-game restrictions are going way overboard. China’s government has already placed infamous limits on younger gamers. Kids and teens can’t play past 10 pm on weekdays, and they’re restricted to three hours on weekends. But as if those measures weren’t draconian enough, one Fortnite leaker claims those policies are about to get even more extreme. Chinese Fortnite players who log more than three hours in one session will see their…

China’s Insane Fortnite Limits Take ‘Nanny State’ to Ridiculous New Levels

boss

China is implementing new Fortnite gameplay restrictions. These new limits could severely hinder the country’s expanding the esports scene. Overall, in-game restrictions are going way overboard. China’s government has already placed infamous limits on younger gamers. Kids and teens can’t play past 10 pm on weekdays, and they’re restricted to three hours on weekends. But as if those measures weren’t draconian enough, one Fortnite leaker claims those policies are about to get even more extreme. Chinese Fortnite players who log more than three hours in one session will see their…

Coronavirus: Millennials Choose Bitcoin as the Best Investment

boss

iTrustCapital, a Los Angeles-based firm that enables clients to buy and sell bitcoin (BTC) and other cryptocurrencies, as well as physical gold in retirement accounts on a 24/7 basis, has released its latest survey report which reveals that most millennials prefer to invest in digital assets and gold in the wake of the coronavirus pandemic as compared to traditional investment vehicles, according to a press release on March 2, 2020. More Millenials Join the Bitcoin Movement Since the outbreak of the COVID-19 coronavirus epidemic in the Wuhan region of China,…

Rapper Dismissed of Securities Fraud Charges for FLiK ICO

boss

On March 3, District Judge Charles Pannell dismissed a lawsuit claiming securities fraud charges against rapper ‘T.I.’ for selling FLiK tokens for his company’s initial coin offering (ICO) during August 2017. The judge failed to find concrete evidence of securities violations or negligent misrepresentation as T.I. made no claims regarding the value of the FLiK tokens: “The plaintiffs have merely alleged that Harris encouraged his Twitter followers to visit the website for the FLiK ICO. They have not provided any statements from Harris about the value of the FLiK tokens.…

Fed’s Crazy Rate Cut Creates One Big Stock Market Casualty

boss

The Federal Reserve enacted an emergency rate cut Tuesday morning, triggering a volatile pump-and-dump in the stock market. Bank stocks were disproportionately affected over fears that plunging interest rates would eat away at margins. Rates are destined to return to zero so you shouldn’t believe the Fed when it tells you the economy is “strong.” Bank stocks are free-falling Tuesday in response to the Federal Reserve’s emergency interest rate cut. With rates destined to go back to zero, the margins of major financial institutions are likely to take a hit.…

Chris Matthews’ So-Called ‘Retirement’ Isn’t a Victory for Women

boss

MSNBC’s longtime talk show host Chris Matthews has “retired,” effective immediately. The 74-year-old Matthews has blundered his way through a string of controversies of late, including comparing a Bernie Sanders lead in the Nevada caucuses to the Nazis invading France. While his inappropriate comments to GQ columnist Laura Bassett are the reason given for his removal, that incident is the tip of the iceberg. Chris Matthews hosted Hardball on MSNBC for more than 20 years. And just like that, he was gone. A quick announcement on Monday that he was…