Huobi’s Crypto Derivatives Market Has Already Passed $20 Billion in Trades

Huobi’s Crypto Derivatives Market Has Already Passed $20 Billion in Trades

Huobi’s new crypto derivatives platform has already seen $20 billion in trading volume. | Source: Shutterstock Huobi Global CEO Livio Weng Launched in November, Huobi’s crypto derivatives market is growing at a rapid pace. Fifteen days ago they revealed they had hit $10 billion in total volume, and today they announced they’ve seen $20 billion.…

Why Did the Augur Price Surge by 38% Yesterday?

Why Did the Augur Price Surge by 38% Yesterday?

Augur jumped over 38 percent yesterday, rising a further 12 percent at the start of trading today to complete one of the most eye-catching runs in recent market history. After the huge dip cryptocurrencies took last Thursday, only a few altcoins have shown progress on the market in the last week but  Augur’s huge jump in…

Amazon Shareholders: Stop Selling Facial Recognition to Governments

Amazon Shareholders: Stop Selling Facial Recognition to Governments

Image via Shutterstock A group of Amazon shareholders, organized by a non-profit called Open Mic, are demanding that Amazon cease sales of its Rekognition software to government agencies. Open Mic bills itself as “a non-profit that fosters shareholder engagement at leading tech and media companies.” The facial recognition suite has been proven in independent tests…

What Death Spiral? Bitcoin’s Hashrate is Still Climbing

What Death Spiral? Bitcoin’s Hashrate is Still Climbing

Contradicting bearish predictions, bitcoin’s hashrate is once again climbing. | Source: Shutterstock Following a period of sustained bearish sentiment in the Bitcoin mining market accompanied by three notable hashrate reductions in the final third of 2018, the flagship cryptocurrency’s network appears to be back on its way to optimum health. Bitcoin Reverses Hashrate Decline In…

Will the S&P 500 Crack 3,000 in 2019? Avalon Says Yes

Will the S&P 500 Crack 3,000 in 2019? Avalon Says Yes

Avalon’s Bill Stone believes that 2019 will see the stock market hit new highs. | Source: Shutterstock Avalon Advisors Chief Investment Officer Bill Stone believes that 2019 will be a record year for the stock market despite the December crash and subsequent sluggishness that has seen many investors adjust their outlook for the year ahead.…

Ethereum Postponed its Hard Fork, But Some Miners Didn’t Listen

Ethereum Postponed its Hard Fork, But Some Miners Didn’t Listen

Ethereum’s developers tried to postpone Constantinople at the last minute, but a sizable number of miners didn’t pay attention. | Source: Shutterstock On January 15, Ethereum’s developers put out a security alert that they were postponing the scheduled Constantinople upgrade. Not everyone made the appropriate changes, however, and there is a currently a parallel universe…

Dow Jones Rockets after Report Claims Trade War Winding Down

Dow Jones Rockets after Report Claims Trade War Winding Down

The Dow Jones saw a bump after reports that the US was easing tariffs on China, though later reports disputed that the trade war was winding down. | Source: Shutterstock Led by the Dow Jones Industrial Average, the stock market rocketed after reports that the US was to begin lifting tariffs imposed on Chinese imports.…

Russia Denies Buying $10 Billion in Bitcoin, Telegraph Story Fake News

Russia Denies Buying $10 Billion in Bitcoin, Telegraph Story Fake News

Rumors that Russia planned to invest in bitcoin were a bit far fetched, as CCN reported. | Source: Shutterstock Russia is not planning to buy $10 billion in bitcoin this quarter, according to an official with the Russian State Duma. Elina Sidorenko, chair of the Duma’s cryptocurrency group, says the rumors are nonsense. “This statement has…