Day: September 19, 2020

These Are the 5G Stocks to Buy

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Cloud gaming could be one of the biggest winners of the 5G revolution. Game makers, chipmakers, and carriers all stand to benefit. T, NVDA, AMD, and EA look like the best 5G stocks to buy. While coronavirus and the upcoming presidential elections have commanded investors’ attention lately, the rollout of 5G across the country could be another significant catalyst for the U.S. stock market. Just about every aspect of the tech space will probably benefit from the new network. But gaming, which has seen impressive growth over the past year,…

Over 83k Bitcoin (BTC) Options Expire Friday, Sept. 25th

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Quick take: Over 83,000 Bitcoin options expire Friday, September 25th This number beats August’s record of 62k BTC options Such a high number of options expiring should bring considerable volatility Bitcoin is once again trading above $11k and the expiry of 83k BTC options could result in a dip The month of September is slowly coming to an end, and with it, the expiry of Bitcoin (BTC) options on the last Friday of the month. According to the team at Skew, over 83.4k Bitcoin options expire on the 25th of…

Analysts Expect a Historic Battery Day, but Tesla Bulls Should Be Wary

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Analysts at Deutsche Bank and Credit Suisse have raised Tesla’s target price in anticipation of Battery Day. Elon Musk has not missed a single opportunity to pump expectations about the event. Tesla bulls are brimming with excitement, but it could all end in tears if they haven’t learned from the past. Tesla’s stock has surged an eye-watering 430% this year. But the meteoric rise has come with a hefty dose of volatility. Recently, Tesla underwent some profit-taking, falling to $355 a share after hitting all-time highs at $502.49 on September…

3 Reasons Why This Week’s Oil Price Rally Is a Dead Cat Bounce

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Oil prices climbed above $40 earlier this week, raising hopes that a recovery was underway. Several factors have conspired to keep oil demand and prices low, despite the best efforts of OPEC. Until the global economic climate improves, sustained growth in oil demand will remain a mirage. Oil prices have rallied this week. Since re-printing June’s lows this month, Brent crude oil futures have surged by slightly more than 10% over the last couple of days. But the rally is not sustainable, and oil prices are likely to fall once…

What is DTube? | Blockchain News

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DTube is a decentralized video sharing platform founded in 2016 by Adrien Marie, and is one of the most popular decentralized alternatives to YouTube. As per the name DTube, which stands for “decentralized tube,” it is a decentralized app (Dapp) run on the Avalon blockchain, a novel social media blockchain with a delegated proof of stake consensus protocol. To immunize videos to censorship, the video files are stored in a decentralized file system (IPFS) among peers of the network – if one peer node fails, the file will flow to…

Earning with DeFi yield farming: Rocket science or child’s play?

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There are several ways DeFi users can earn via yield farming. However, it isn’t so simple, as the technology is still young, say pundits. Yield farming has experienced a Cambrian explosion of sorts over the last few months, thanks in part to the emergence of various decentralized finance protocols. In its most basic sense, yield farming can be thought of as a process where users provide liquidity to DeFi protocols and are rewarded with a yield/return, usually in the form of the platform’s native token offering.  The concept was first…

Figure Technologies releases fund services offerings on blockchain

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  Figure Technologies launched its new digital fund services products for investment firms on a blockchain, the company said in a statement. The San Francisco-based financial technology firm used the Provenance blockchain and aims to use the technology to automate much of the paper-based processes in fundraising and fund management. Services include capital raising, investor onboarding, know-your-customer, anti-money laundering and Bank Secrecy Act activities, digital subscriptions, capital calls, and transfer agents. Mike Cagney, co-founder and CEO of Figure, said the idea is to allow investment funds to focus on their…

Is Playstation Being Honest About Final Fantasy XVI & Demon’s Souls?

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PlayStation’s Showcase was a big success but left pre-ordering and exclusivity unclear for many. Both Demon’s Souls and Final Fantasy XVI were announced as coming to PC before Sony back-tracked. Considering Sony’s recent history with releasing PS exclusives on PC, it’s pretty hard to believe them this time. This week’s PlayStation Showcase was a huge success for Sony, with PS5 pre-orders selling out in various locations around the globe almost a quickly as they went live. Despite this success, some of the messaging was quite confusing. Not only did Sony…

OneSwap ONES ITO Goes Live on CoinEx

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The global cryptocurrency exchange service provider, CoinEx has announced the launch of OneSwap’s ONES token on its platform. The listing went live yesterday, followed by the official launch of ITO on CoinEx along with yield farming and order mining on OneSwap, a day later on September 19, 2020. ONES is the ERC20 governance token of OneSwap, a completely decentralized smart contract-based transaction protocol supporting permission-free token listing and automated market-making. OneSwap is quite unique as it supports both traditional order books and AMM, balancing market and limit orders between hybrid…