Day: November 19, 2020

Bitcoin price drop in 3, 2…1? Fear and Greed Index nears dangerous record high

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Bitcoin (BTC) is all but guaranteed a price drop if one sentiment metric is right about the state of the market.  On Nov. 19, with BTC/USD lingering at $17,500, the Crypto Fear & Greed Index hit 94, nearly matching its all-time high of 95 points out of 100 on June 26, 2019. Fear & Greed Index. Source: Cointelegraph Markets, Digital Assets Data Fear & Greed hits “greediest” in 17 months Compiled used multiple estimates of investor sentiment, Fear & Greed delivers a normalized score out of 100 to gauge how overbought…

Golem (GNT) buy ?, Golem (GNT) on 1$ ?

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Golem #GNT #VeChain #VET #Chainlink #LINK #IOTA #MIOTA #Bitcoin #Ripple #XRP #BitcoinNews #Börse #Aktien #Silber #BitcoinToday #BitcoinNews #PUMP! #litecoins #litecoinmining #bitcoinprice #cryptocurrency #bitcoinmining #bitcoincash #ethereum #ripple #litecoin #100000$ #kaufen #deutsch #era #mining #halving #Millionär #profit #trader #news #kryptowährung #krypto #cryptocurrency #market #list #exchange #charts #reddit #Bitcoincash #Gold #Silver #Silber #Ethereum Disclaimer / Haftungsausschluss Gemäß §34b WpHG weise ich darauf hin, dass ich der Youtube Kanal Benutzer (Autor) Aktien, Zertifikate oder Kryptowährungen der jeweils angesprochenen Unternehmen hält oder halten könnte und somit ein…

Matic becomes the first outside Ethereum to launch native Chainlink feeds

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Matic Network, a smart-contract platform acting as both a layer one and layer two for Ethereum, announced on Thursday the full launch of five Chainlink price feeds that are set to power its ecosystem. Though there are many promised or existing Chainlink integrations outside of Ethereum, the majority of them are still in development or are indirectly using Ethereum feeds. Matic now features five price feeds: MATIC/USD, USDC/USD, ETH/USD, USDT/USD and DAI/USD, promising that more will come later. Chainlink’s Verifiable Randomness Function is set to be integrated soon as well,…

Crypto payments set for mainstream via compliance

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Mainstream interest for cryptocurrency is becoming ever-apparent as major online payment systems such as PayPal begin to offer support for digital currencies. While a revolutionary step for both the crypto and traditional finance spaces, meeting regulatory requirements is crucial in order for such companies to support cryptocurrencies.  This year, PayPal secured the first conditional cryptocurrency license from the New York State Department of Financial Services, allowing for the purchase of Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH) and Litecoin (LTC). On the surface, it would appear that PayPal has undergone…

Arizona State University adopts blockchain-based app to track COVID-19

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Open The New York Times’s rolling survey of coronavirus cases on United States college campuses and the picture looks bleak: as of Nov. 5, over 252,00 cases had been confirmed across 1,600 colleges nationwide.  The spread of infection, combined with an at best incompetent, and at worst, cynical and exploitative policy towards college students and staff has resulted in university communities facing stringent quarantines in unsafe accommodation or being summarily sent home. All the while, students are expected to foot the bill for the full cost of their tuition fees. With…

Credit Suisse Puts S&P 500 2021 Target at 4050 as It Anticipates for Virus-Free Economy in 2022

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The S&P 500 index has been on the positive side for the better part of the pandemic. The index has gained 10.04% YtD. In a note to clients, Credit Suisse Group AG (NYSE: CS) team led by strategist Jonathan Golub initiated a 2021 S&P 500 (INDEXSP: .INX) target of 4,050. Apparently, with the index having closed yesterday’s trading session at 3,558.75, it would reciprocate to a 12.14% rise if the prediction by Credit Suisse materializes. During the past 52 weeks, the S&P 500 index has ranged between 2191.86 and 3645.99.…

UBS Wealth Management Points Where Investors Should Focus in Next 10 Years

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UBS highlighted four sectors including the 5G Network technology, blockchain and digital payment technology, healthcare and green energy industry. After a decade of tech and consumer stock success, UBS Wealth Management thinks it is time for investors to look out for different sectors in the next few years that are more promising. This is according to Mark Haefele, chief investment officer at UBS Wealth Management. Haefele highlighted that if the past has something to teach us, then predicting the next few years is much easier. According to him, after a…

Pfizer-BioNTech, Moderna and AstraZeneca Take Lead

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The positive COVID-19 updates from Pfizer-BioNTech, Moderna, and AstraZeneca-Oxford give hope that the end is near for the COVID-19 pandemic that continues to plague our world for almost a year by now. One of the most anticipated breakthroughs in medicine in 2020 is the development of an effective COVID-19 vaccine, through one of the many pharmaceutical companies that have joined the race to develop one. As confirmed by the New York Times, the process of developing a functional vaccine has several stages, all of which when combined can take several…

Firms in Japan Consider Launching Common Private Digital Currency

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The testing phase will see private banks in Japan fully in charge of issuing private digital currency.  Following the recent announcement that Japan would launch its Digital Yen in around April 2021, 30 firms based in the country have sought to follow the approval of the regulatory body on digital currency to launch a separate private digital currency. The private digital currency expected to be tested in 2021 is meant to lead the evolution of digitization in the country. Financial Technology has been in the advanced stage globally with several…