Adidas has released its own branded face mask, at a time when it’s struggling desperately to sell its usual sportswear. While not medically graded, the mask has sold out anyway, testifying to the power of brands over common sense. The release is basically a marketing stunt, one which Adidas hopes will maintain the presence of its brand during a period of lockdown. Adidas has released a washable face mask, as its core business takes a massive hit from worldwide lockdowns. The German sportswear manufacturer had already announced a 95% fall…
Day: May 26, 2020
Tencent Is Pouring $70B Into New Tech Including Blockchain
Chinese internet giant Tencent is looking to invest heavily in new technologies like blockchain as it looks to move past the effects of the coronavirus epidemic. The creator of popular messaging service WeChat, Tencent is investing 500 billion yuan ($70 billion) into “new infrastructure” based on emerging technologies over the next five years, as reported by Reuters. In an interview with state media Tuesday, Dowson Tong, Tencent’s senior executive vice president, confirmed the company had also earmarked investment for sectors such as cloud computing, artificial intelligence, and cybersecurity. It isn’t…
Bitcoin Halving 2020 Livestream
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Samsung’s New Chip to Secure Crypto Transactions on Mobile Devices
South Korean tech titan Samsung announced a standalone turnkey security solution that secures cryptocurrency transactions on smartphones and tablets, according to the press release issued earlier today. The solution consists of a Secure Element (SE) chip S3FV9RR and “enhanced” software. It is designed to secure the booting process, isolated storage and mobile-based payments. The new SE chip is certified with Common Criteria (CC) EAL 6+ security standard, which is used in applications with the most rigorous security requirements, namely e-passports and cryptocurrency hardware wallets. It can thereby be used in…
JP Morgan Says Bitcoin Is 25% Below Its Intrinsic Value: Here’s Why It Can Catch Up
Although JP Morgan may not trade Bitcoin or offer crypto-specific services to its clientele, the company does analyze this nascent market once in a while. This much was made clear very recently. One individual this week shared a report from JP Morgan, dated May 22nd, that included a post-halving analysis of the Bitcoin mining scene. Analysts at the multinational financial institution found that through their analysis of Bitcoin’s intrinsic value, BTC is currently trading “25% below what the intrinsic price would be after the halving.” The intrinsic price JP Morgan…
BITCOIN L'HALVING EST LÀ !! ETHEREUM PRÊT À CORRIGER ?! – Analyse Crypto Bitcoin Ethereum FR Altcoin
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 👍 Si vous avez apprécié cette vidéo, n’hésitez pas à mettre un pouce bleu pour nous soutenir ! – 📚 Rejoignez notre communauté entièrement gratuite sur Discord – ⭐ Rejoignez nous aussi sur Twitter Daily Brief FR: Un Brief Français quotidien du Lundi au Vendredi dans lequel nous analysons les cryptomonnaies. Aujourd’hui nous avons analysé le Bitcoin, nous avons parlé du momentum, nous avons constaté que le volume vendeur est croissant, nous avons parlé de William Nous avons analysé les spreads forwards…
Ethereum Close Below $200 Would Make Case for Larger Decline
Ethereum is struggling to break the $205 and $210 resistance levels against the US Dollar. ETH price is currently declining and it remains at a risk of a larger decline below $200. Ethereum is facing a strong resistance near the $204 and $205 levels. The price might continue towards the $192 support if it fails to stay above $200. There is a key contracting triangle forming with resistance near $204 on the hourly chart of ETH/USD (data feed via Kraken). The pair must climb above $205 and $210 to decrease…
Australian University Launches Blockchain Postgraduate Program With IBM
RMIT University, an Australian public research university, is adding two new postgraduate programs in the field of cybersecurity and blockchain technology. The university announced May 26 that it was partnering with IBM, Palo Alto Networks, and Stone & Chalk to offer a graduate certificate in cyber security and graduate certificate in blockchain-enabled business. The programs are expected to start in October 2020 and will last for nine months. Meeting demand for blockchain jobs RMIT introduced the new programs in order to meet the rising demand for industry professionals in cybersecurity…
Bitcoin Price Crosses $9,000: Two Key Reasons Why This Rally Isn’t Sustainable
After trading below $9,000 for over a day, Bitcoin finally pushed past that level just minutes ago. BTC has not seen a massive rally from the weekly lows of $8,600, but $9,000 is a key technical and psychological resistance, analysts say, making the reclamation of the level that much more notable. Bitcoin price chart from TradingView.com. It’s been a slow rally for Bitcoin since the $8,600 lows, hence few positions have been liquidated on BitMEX. According to crypto derivatives tracker Skew.com, approximately $2 million worth of BitMEX short positions have…
Bitcoin Price Crosses $9,000: Two Key Reasons Why This Rally Isn’t Sustainable
After trading below $9,000 for over a day, Bitcoin finally pushed past that level just minutes ago. BTC has not seen a massive rally from the weekly lows of $8,600, but $9,000 is a key technical and psychological resistance, analysts say, making the reclamation of the level that much more notable. Bitcoin price chart from TradingView.com. It’s been a slow rally for Bitcoin since the $8,600 lows, hence few positions have been liquidated on BitMEX. According to crypto derivatives tracker Skew.com, approximately $2 million worth of BitMEX short positions have…