May 2020

Coinbase Investor and Fundstrat Analyst Explain Why Goldman Sachs Is Incorrectly Assessing Bitcoin

May 29, 2020 boss

A leaked slide from a client meeting shows Goldman Sachs does not believe Bitcoin is an asset class. Coinbase angel investor Seth Ginns and Fundstrat analyst David Grider explain why Goldman continues to hold this antiquated position. Ginns and Grider joined Cryptox’s weekly Crypto Live Show to bring an investor’s perspective to the usual trader-heavy lineup. They also dive deeply into a broad range of topics including how they began investing in crypto, why they’ve stayed, crypto’s macro impact on the world of finance, private and central bank digital currencies,…

Bitcoin Prices Face $10000 Resistance Without Strength to Cross It While Indicators Started to Go Down

May 29, 2020 boss

Bitcoin Prices Face $10000 Resistance Without Strength to Cross It While Indicators Started to Go Down May 29, 2020 by Ramiro Burgos Bitcoin Prices Face $10000 Resistance Without Strength to Cross It While Indicators Started to Go Down Also Read: Bitcoin Prices Turbulent As Exhausted Indicators Drift In A Volatile Distribution Area Long-term Analysis A distribution area between $10000 and $7000 is active, overselling the market while halving took place. The action could send values down to $5000. Quotes should cover a wide range up and down plenty of volatility…

ASIC Repair Technician Certification Coming to the US

May 29, 2020 boss

Bitmain’s “Ant Training Academy” certification program will soon be available in North America. This will be the first location to receive this accreditation outside of China. The new location was developed in partnership with Core Scientific, a U.S. based mining hosting provider. The company announced the collaboration on May 28, with the first courses set to launch in the fall of 2020. The new academy will be located in Dalton, Georgia, and offers the same “highly regarded training and certification services” as in the China-based entity. On-site repairs are key…

Grimes Wants to Sell You Her Soul – And Honestly, This Is as Asinine as It Sounds

May 29, 2020 boss

Grimes has announced that her soul is for sale. The price is $10 million, and it’s non-negotiable. It’s part of an art exhibit — but is it really necessary? Grimes is for sale. The singer-songwriter, who is currently most famous for naming her child after a quasi-computer language, is selling a piece of her soul for $10 million. The asking price, which seems to be non-negotiable, is part of a virtual art exhibit called “Selling Out.” What in the Williamsburg Brooklyn hipster hell is this mess? | Source: Twitter While…

Blockchain Bites: Magic’s Raise, Compound’s Distribution and Trump’s Twitter War

May 29, 2020 boss

The case for decentralized platforms has never been clearer, as President Donald Trump goes on the offensive against big tech platforms like Twitter and Facebook, said lawyers and technologists surveyed by CryptoX. Meanwhile, decentralized identity service Magic has raised $4 million from heavy-weight investors including Naval Ravikant, SV Angel and Placeholder, and the Digital Dollar Project is making its case for updating the U.S. dollar with its first white paper. Here’s the story: You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and…

Cardano and Ethereum Price Surge Alongside Bitcoin — Will XLM Follow?

May 29, 2020 boss

The price of Bitcoin (BTC) has been trading in a defined range over the past weeks as the halving hype has passed. Bitcoin’s price action also led to increased volatility in altcoins and some of the smaller altcoins have been showing impressive strength. So far, Theta Token (THETA) and Band Protocol (BAND) have been heavy movers. However, in the previous days, the larger cap altcoins have started to move up, with Cardano (ADA) and Ether (ETH) as the primary movers. As Bitcoin attempts to find a way back to $10,000,…

Sony’s PS5 Showcase Is Finally Official – Here’s What to Expect

May 29, 2020 boss

Sony announces long-awaited PS5 event on June 4. Showcase will feature next-gen titles that demonstrate ‘the potential of the hardware.’ Rumors suggest Sony will reveal the final console design beforehand. After weeks of speculation, Sony has confirmed that it will host a PS5 event on Thursday, June 4, at 1 pm PDT. Dubbed The Future of Gaming, the showcase will feature a first look at upcoming PS5 titles slated for release alongside the console at the end of this year. Sony confirms PS5 event for June 4. Source: PlayStation In…

Bitcoin News Roundup for May 29, 2020

May 29, 2020 boss

With bitcoin and many traditional markets down on the day, CoinDesk’s Markets Daily is back! Bitcoin’s bulls are taking a breather as the traditional markets get the jitters over rising tensions between the U.S. and China. The Twitter account of BSV-based social media platform Twetch was suspended Thursday without warning, said Twetch co-founder Josh Petty. Ethereum startup Magic just raised $4 million from investors like Naval Ravikant, SV Angel, Placeholder and Volt Capital to make passwords less of a pain. A federal court has frozen assets raised from investors in…