Day: August 24, 2020

Earl Thomas Is the Last Player the Win-Now Cowboys Need

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The Dallas Cowboys would be smart to avoid Earl Thomas after his release from the Baltimore Ravens. Thomas is not the force he was, despite what Richard Sherman thinks. Dallas has enough potential character concerns on defense. Earl Thomas is available, but the Dallas Cowboys won’t come calling if they have any sense. Joining the Cowboys is a possibility for Thomas after the Baltimore Ravens released the Pro Bowl safety on Sunday. A brief statement on the Ravens’ official website confirmed Thomas’ departure: We have terminated [safety] Earl Thomas’ contract…

Analyst: The “Real” Altcoin Party Begins In Early 2021

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Thus far, 2020 has been the year of the altcoin, not Bitcoin. Which altcoin is the year’s biggest star may be arguable, but its quite clear that the alternative digital currencies have beat out the first-ever cryptocurrency by a wide margin. And although altcoins have vastly outperformed Bitcoin so far this year, one pseudonymous crypto analyst claims that the real altcoin party doesn’t start until early next year. Will 2021 be the real year for altcoins to shine? Altcoins Shine in 2020, Outperform Bitcoin, But Party May Not Begin Until…

3 reasons why Bitcoin price volatility may spike before the monthly close

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As the monthly candle close of Bitcoin (BTC) comes closer, signs of heightened volatility are emerging. With just four days until the highly anticipated CME futures contract and Deribit options expiration, BTC’s near-term direction remains uncertain. Three reasons to expect a spike in volatility over the next week are BTC’s prolonged consolidation, key resistance level overhead, and the sizable expirations of BTC futures and options contracts. Bitcoin consolidates for nearly a week On Aug. 17, the price of Bitcoin surged to as high as $12,486 on Coinbase, achieving a new…

Here’s Why the Dow Jones Rocketed Higher Today

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The Dow Jones recovery quickened on Monday. Boeing rallied as investors reacted to coronavirus drug headlines and improving TSA data. Donald Trump’s reelection hopes may be fueling risk appetite in the stock market, according to IG. The Dow Jones shot higher to start the week in blistering fashion. The prospect of a fast-track for coronavirus treatments and vaccines helped buoy risk appetite. And while some analysts say the election’s impact on the stock market is overblown, others suggest Wall Street may secretly be cheering an apparent resurgence in Trump’s chances…

Sorry Robinhood Bros, But You’re Not Gaming the Apple Stock Split

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Apple shares rose again as the upcoming stock split hit a key milestone. Retail investors may think they’re gaming the system by buying AAPL ahead of the split date. They’re sorely mistaken. The countdown to the Apple stock split is officially on. Monday marks the first key moment in the split: the Record Date. This determines which AAPL investors will receive additional shares on Friday (August 28) – the Split Date – when each share formally divides into four after the market closes. Shares will begin trading at their new…

Price analysis 8/24: BTC, ETH, XRP, BCH, LINK, LTC, BSV, CRO, BNB, ADA

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The bulls are aggressively defending the 20-day EMA in Bitcoin and select altcoins, which could result in the resumption of the uptrend. The coronavirus pandemic has forced people to change several social behavioral habits. Along with maintaining social distance from one another, people are also averse to using notes, coins or cards as they might transmit COVID-19.  A new report from the Bank for International Settlements suggested that social distancing procedures and the “government-to-person payment schemes” have accelerated the efforts towards launching central bank digital currencies (CBDCs). The paper shows…

We’ve Seen This Insane Market Rally Before — Here’s How It Plays Out

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The post-March stock rally is following the returns after the financial crisis. That suggests stocks could still see another 20%-plus returns. The move is driven by zero percent interest rates, not fundamentals. The stock market rally of 2020 has been compared to the late 1990s “devil may care” pre-internet bubble crash. A better analogy would be the Great Financial Crisis of 2008-2009. Rally Tracking Post-Financial Crisis Crash Based on valuation thanks to earnings, the 2020 stock market rally is following pretty closely to how stocks performed back in early 2009.…

BitMex awards its last developer grant to a Bitcoin scalability solution from MIT

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BitMex’s 100x Group has awarded its last Bitcoin development grant of the year. The company has awarded a grant valued at $40,000 to Calvin Kim for his Bitcoin scalability solution, Utreexo — a project originally created by Tadge Dryja from the MIT Digital Currency Initiative. Bitcoin’s protocol checks every proposed transaction to make sure that the sender has enough coins to complete the request. All unspent Bitcoin (BTC) is saved in what is known as UTXO, or Unspent Transaction Outputs. While the entire Bitcoin blockchain is currently around 300 GB, the UTXO…

Futurism Forum is Announce Its International Online Conference

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Place/Date: – August 24th, 2020 at 5:50 pm UTC · 2 min read Source: Futurism Forum Futurism Forum is happy to announce its international online invite-only conference on AI, Cyber Security, and Blockchain on October 6-8! We are a team of industry experts with a huge R&D center bringing together the world’s leading minds to build tech communities of the future. We open up new opportunities for businesses, government, start-ups and aspiring entrepreneurs who want to be ahead of the curve. Over the course of three days, we will answer…