Ethereum Gearing For Another Lift-Off to $300: Rally Isn’t Over Yet

Ethereum started a downside correction from the $288 high against the US Dollar, similar to bitcoin. ETH price is now forming a strong support above $260 and it could climb higher again. ETH price is trading with a solid bullish sentiment above the $260 level against the US Dollar. The price corrected lower recently, but the bulls defended $260 and $255. There is a major contracting triangle forming with resistance near $274 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could surge again if it breaks…

Not All Central Banks Have an Interest in CBDCs

The recent survey results published by the Bank of International Settlements produced bullish and bearish sentiments with regard to Central Bank Digital Currency adoption. While banks in Emerging Market Economies (EME) are moving more rapidly toward issuing government-sponsored CBDCs, those in established countries appear to be taking a more cautious stance on the transition from fiat currencies to digital. The irony here is that the banks that could potentially catapult the world into the digital currency age are the ones that are the least likely to be the early adopters.…

10 Ways PewDiePie Made the World a Little Less Sucky

A fellow YouTuber recently spoke about how negative press affects PewDiePie personally. While Felix continues his YouTube hiatus, JackSepticEye says, “I would have lost my mind by now.” So here are ten very admirable ways Felix Kjellberg has made the world a much better place. Or at least made it suck a little bit less. PewDiePie continues to enjoy his time off after years of uploading new videos to YouTube every day. And his fans are starving for new PewDiePie content. But his good friend Seán McLoughlin, the creator behind…

Antonio Brown ‘Apology Tour’ Traps Logan Paul in Perpetual Limbo

YouTube star Logan Paul is quite the boxing draw, generating over 1 million PPV buys and $3.5 million in gate receipts for his bout with KSI. Eddie Hearn, who promotes Anthony Joshua, claims to have made a few offers to Antonio Brown for a money-spinning bout with Paul. The YouTube celebrity is losing patience with Antonio Brown, claiming that the former NFLer is ducking him and a “man of failure.” Life is never dull when it comes to Antonio Brown. The former Pittsburgh Steelers star has embarked on what we…

Price Still on Bullish Trajectory

At long last, after weeks upon weeks of increasing prices, Bitcoin saw a strong correction on Saturday. Per previous reports from NewsBTC, Saturday morning saw the price of the leading cryptocurrency tank from $10,400 to a low of $9,700 (on some exchanges), a drop of nearly 7% in a few hours’ time. Despite this brutal crash, which liquidated dozens of millions of dollars worth of Bitcoin positions on BitMEX and a swath of other leverage-enabled exchanges, a top analyst is optimistic about the prospects for the crypto market. In fact,…

Blame Activision’s Rumored Stadia Deal When Cloud Gaming Dies

Activision recently pulled all of its games from GeForce Now. Ther’s speculation that Activision is preparing for an exclusivity deal with Google Stadia. If this deal does exist, it will set a damaging precedent for the future of game streaming. Tech people keep saying that game streaming is the future. Google says it. Microsoft says it. Nvidia tried to say it – at least until Activision yanked all its games from the GeForce Now service. There’s been substantial speculation about why Activision suddenly hung Nvidia out to dry. It was only…

Mets Fans Hilariously Think A-Rod Is the Answer to Their Problems

Lifelong Mets fan Alex Rodriguez is rumored to be interested in purchasing the New York ball club along with his fiance, Jennifer Lopez. A-Rod has emerged as a potential buyer following discussions with billionaire Steve Cohen falling through. He’s the last thing the Mets – or Major League Baseball – need. Alex Rodriguez’s bid to purchase the New York Mets shouldn’t come as a surprise. Baseball is firmly in a new “cheating era,” and A-Rod is one of the most notorious cheaters the game has ever seen. Alex Rodriguez is…

Coronavirus Spreads and Crypto Rallies, but Not Everything Is Related

Surging crypto rallies and the coronavirus scare — the two phenomena seem to be closely related, according to many. But this particular correlation is not necessarily translating to causation, at least according to some experts. Mati Greenspan, the founder of Quantum Economics, offered his insights regarding the apparent connections between the two events. “So far, I don’t see any direct correlation between the coronavirus and crypto prices.” Instead, Greenspan pointed to the current altcoin rally as an indicator of a growing appetite for higher-risk investments: “In my estimation at the…

Exploit During ETHDenver Reveals Experimental Nature of Decentralized Finance

Decentralized finance (DeFi) project bZx has suffered an attack in which a hacker successfully gamed multiple DeFi protocols to extract $350,000 from the platform, about 2 percent of the assets under management. In response, the company took down its lending and trading protocol Fulcrum at 7 AM UTC. The company was presenting at ETHDenver during the hack. The hackers took advantage of the company’s pricing oracle to trick the protocol into giving up the cash. bZx depended on only one oracle for pricing, according to sources. The firm, which has…

Sorry Liverpool, But Kevin De Bruyne Deserves PFA Player of the Year

The Reds are Premier League champions-elect, but that does not mean they have an automatic right to the individual awards. Kevin De Bruyne has been a massive influence on Manchester City this season. Liverpool are patently a brilliant team, but theirs is a collective success. When David Ginola won the PFA Player of the Year award in 1999, Alex Ferguson was not happy. His Manchester United side were on their way to a historic Treble of Premier League, Champions League, and FA Cup. Ferguson felt one of Dwight Yorke, David…