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Crypto New Media Press

On March 16th, Eastern time, U.S. stocks plummeted at the opening of the market and triggered a trading curb again.  This is the fourth trading halted in history and the third of the month since March 9. As of the close, the three major stock indexes have fallen by around 12%, of which the Dow […]

The post Brock Pierce Interview Series #1: Global Economy Encountered ‘Black Swan’, IPSE Value Grew Strongly Against Trend appeared first on Crypto New Media.

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Crypto New Media Press

Bitcoin halving has not yet arrived, but the price halving has arrived early. From March 12 to 33, the price of Bitcoin dropped by more than 50%. Bitcoin directly plunged from $ 7,886 to a minimum of $ 3,261.81, down $ 4,265, or 54%. The data shows that the total number of open positions in […]

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Crypto New Media Press

Lightning Labs, the startup spearheading development of the lnd Lightning Network client, today announced a $10 million Series A funding round, led by Craft Ventures. Accompanying the announcement, Lightning Labs also released its Lightning Loop service in beta, marking the company’s first commercial service to help resolve Lightning liquidity bottlenecks. “I think this funding round […]

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Crypto New Media Press

The government of India has informed Lok Sabha, the lower house of parliament, about the Ministry of Corporate Affairs’ inspection of cryptocurrency businesses. Minister of State for Finance and Corporate Affairs Anurag Singh Thakur provided details of two companies in particular. This follows the landmark ruling by the country’s supreme court which quashed the banking […]

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Crypto New Media Press

Nintendo’s network has gone down during its biggest stress test ever. Infrastructure is one of many issues roiling Nintendo’s online platform. What exactly are we paying for again? With humanity fighting the deadly coronavirus outbreak by isolating hundreds of millions of people indoors, this is just about the worst time possible for a gaming company’s […]

The post Nintendo Is Failing Miserably as Network Faces Coronavirus Gut-Check appeared first on Crypto New Media.

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Crypto New Media Press

After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. The current sentiment has led people to question why gold […]

The post Analysts Question Gold’s Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets appeared first on Crypto New Media.

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Crypto New Media Press

Users of the Starbucks mobile app will soon have the opportunity to pay for their drinks with Bakkt Cash. According to Bakkt, at the current moment, the crypto payment option is only in limited beta. Cryptocurrency derivatives exchange Bakkt partners with Starbucks to introduce a new payment option for Starbucks mobile app users. Named “Bakkt […]

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Crypto New Media Press

🔥This day will be remembered by the cryptocurrency community for a long time: market capitalization fell by 50% per day, Bitcoin also by 50% — the extreme price on the BITSTAMP exchange is $ 3850, Ethereum fell 55%, below $ 90. Losses of top altcoins per day reached an average of 60%. Meanwhile, the employees […]

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Crypto New Media Press

The meltdown at derivatives giant BitMEX, during which Bitcoin (BTC) fell to $3,600, has seen the company payout compensation worth a modest $200,000. In a blog post about the event, which occurred on March 13, BitMEX blamed “two DDoS attacks” for crashing its platform. Ethereum traders see 40 BTC refunded Coming at a time of […]

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