Day: June 1, 2020

PS5 Game Budgets Will Jump – But Will You Pay More than $60?

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The next generation of consoles promises a substantial leap in graphical detail and fidelity. PlayStation CEO, Jim Ryan, says development costs will rise as a consequence. Could publishers up the cost of games to mitigate the generational transition? The next-gen leap promised by the PS5 comes at a cost. That cost could trickle down to players in the shape of higher game prices. PS5 to Push Game Development Costs Upwards In an interview with GamesIndustry.biz, Sony Interactive Entertainment CEO, Jim Ryan, touched on the costs associated with creating PS5 games…

Manchester United Stock is Wall Street’s Darling as Sport Returns

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Jefferies analyst Randal Konik has tipped Manchester United stock (NYSE: MANU) as the sports stock most likely to benefit from a post-lockdown economy. MANU has fallen by 16.56% in the year to date, but the company was doing well prior to lockdowns. With English soccer resuming on June 17, now could be the best time to buy MANU stock. Jefferies has picked Manchester United as its “best-in-class” sports stock. Looking towards a post-lockdown economy, the New York-based asset management company predicts MANU stock will rise higher than its peers. That…

BITCOIN VENDU FIN DE HYPE POUR LE HALVING ?!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 👇🏻 DISCLAIMER 👇🏻 Tous les avis exposés ici ne sont que des avis personnels qui ne constituent en aucun cas des conseils financiers de quelque manière que ce soit. La chaîne YouTube Enter The Crypto Matrix ne fait aucun conseil en investissement, vous et vous seuls êtes responsable de vos investissements réalisés ou à venir. Tous commentaires d’actualité ou sur le cours des actifs financiers crypto, forex, commodités, peuvent être soumis à l’inexactitude pleine et entière. Nous vous conseillons à ce titre…

Tether Integrates With Plasma Sidechain to Reduce Load on Ethereum

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Bitfinex’s Tether (USDT) stablecoin is now available on the OMG Network, a plasma-based Ethereum sidechain launched on June 1 by the project formerly known as OmiseGo. The integration, also announced on June 1, marks the first time that Tether integrated an Ethereum sidechain to boost its performance. Tether is by far the largest “gas guzzler” on the Ethereum network at 8,900 ETH (about $1.84 million) in fees spent last month, according to ETH Gas Station. This is more than the next five protocols combined, one of which is reportedly a…

4 Indicators Show Bitcoin Has a “High Chance” of Falling in Next 2 Weeks: Analyst

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Bitcoin has mounted a strong recovery since the lows seen last week. The leading cryptocurrency traded as high as $9,750 on Saturday, over 13% higher than last weekend’s lows. Even still, there remain textbook technical indicators suggesting there is a “high chance” BTC sees a correction in the coming weeks. According to the analyst that made this observation, this may be the largest correction Bitcoin has seen since March’s capitulation event. Watch Out: Bitcoin Could Fall in the Next 2 Weeks BTC may have bounced strongly since last week’s correction…

Music Video Director for Pop Superstars Dives Into Crypto Trading

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Joseph Kahn, a music video director who has worked for the world’s leading pop stars for over two decades, has announced that trading crypto assets is his new favorite hobby. After claiming to have spent the past month trading cryptocurrency, Kahn purports a profit of roughly $450  On June 1, Kahn took to Twitter announcing that he has spent the last month trading crypto assets. A screenshot shows Kahn’s portfolio to be valued at $7,949, with the hobbyist trader claiming to have gained 6% since investing $7,500 one month ago.…

Dow Futures Plummet with Bloomberg’s Bombshell China Report

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Dow Jones Industrial Average (DJIA) futures plunged 100 points on Monday morning. China aggravated tensions by some halting US agricultural imports, threatening trade deal. The White House turned off all external lights in a historic moment last night amid growing protests in the capital. U.S. stock futures whipsawed overnight, turning sharply lower in the early hours. Despite initial gains, Dow futures suffered a painful selloff as China yanked a key part of the phase one trade deal. As Bloomberg reports, Chinese government officials have ordered state-run agriculture firms to halt…

Bitcoin, Ether, and XRP Weekly Market Update June 1, 2020

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The total crypto market cap added $23.5 billion to its value for the last seven days and now stands at $270 billion. The top 10 currencies are all in green for the same time period with Cardano (ADA) and Ether (ETH) being the best performers with 52.7 and 19.9 percent of increase respectively. By the time of writing bitcoin (BTC) is trading at $9,543 while ether climbed up to $240. Ripple’s XRP nears $0.204. BTC/USD Bitcoin closed the trading session on Sunday, 24 at $8,714 after it was rejected for…