Court Slams Facebook, Allows Privacy Class Action Worth Billions

Court Slams Facebook, Allows Privacy Class Action Worth Billions

TwitterFacebookLinkedIn Facebook’s privacy woes isn’t doing the company any favors. | Source: AP Photo/Marcio Jose Sanchez, File Facebook and Mark Zuckerberg just had their ears boxed by the 9th US circuit Court of Appeals regarding privacy concerns related to Facebook’s facial recognition technology. The decision by the court opens the possibility of a massive Facebook…

Tesla Faces Dozens Of Lawsuits Apart From SEC Action

Tesla Faces Dozens Of Lawsuits Apart From SEC Action

TweetShareThese are not the best of times for Tesla CEO Elon Musk. Fresh from dealing with a stock price crisis caused by weak sales and presumed consumer apathy, he is again facing legal action from the SEC, in addition to dealing with Tesla’s weak financial situation and amssive layoffs. In addition to all of this…

Bitcoin Bounces 8% in a Much-Needed Bull Action; Will It Sustain?

Bitcoin Bounces 8% in a Much-Needed Bull Action; Will It Sustain?

Advertisement TweetShare After setting one new low after another, the bitcoin-to-dollar rate on Monday underwent a sharp bullish correction to register a fresh high at 3450-fiat. The upside action followed a low-volumed consolidation trend over the recent weekend trading session. The late night activity on Sunday, nevertheless, looked sharper and trade volume across the leading…

Bitcoin Rises 4.65%, Comes Closer to a Breakout Action Scenario

Bitcoin Rises 4.65%, Comes Closer to a Breakout Action Scenario

Advertisement The bitcoin price on Wednesday jumped as high as 4.65 percent from its opening price and established an intraday high at $3,488. The BTC/USD rate is now trading at 3440-fiat on the Coinbase exchange, coupled with a notable rise in daily volatility. The pair on December 7 established its yearly low at 3210-fiat, after…

Bitcoin Price Intraday Analysis: BTC/USD in Breakout Action

Bitcoin Price Intraday Analysis: BTC/USD in Breakout Action

Advertisement Twitter Facebook LinkedIn Bitcoin on Sunday jumped 2.13 percent against the US Dollar as USD-pegged cryptocurrency tether (USDT) resumed its implosion. BTC/USD was in a sideways sentiment for most of the weekend trading session. The bearish trendline has capped the upside bias on multiple occasions. Nevertheless, the pair — from the past 8 hou…

Bitcoin Price Intraday Analysis: BTC/USD in Pullback Action

Bitcoin Price Intraday Analysis: BTC/USD in Pullback Action

Advertisement The bitcoin-to-dollar exchange rate started losing its grip on the sideways action, slipping almost a percent this Friday. The pair broke below 6400-fiat, the psychological support level of the previous trend, to establish new intraday lows towards 6356-fiat. The downside action appeared after bulls began to feel weak near the giant descending trendline formation…

Bitcoin Price Technical Analysis: BTC/USD Extends Consolidation Action

Bitcoin Price Technical Analysis: BTC/USD Extends Consolidation Action

Advertisement The Bitcoin’s sideways action is gaining strength in what has so far been a quiet month. However, the digital currency, unlike its mainstream cousins, is displaying adequate volatility for day traders to enter and exit positions on attractive intraday profits. The focus remains firmly on the Securities and Exchange Commission’s take on the nine…

Cryptocurrency Prices Highly Correlated to Regulatory Action: BIS Report

Cryptocurrency Prices Highly Correlated to Regulatory Action: BIS Report

Advertisement New research has found that, despite the popular idea that cryptocurrencies operate generally outside the reach of national regulators, regulatory actions still have a huge impact on crypto markets. The research is presented in a report by the Bank for International Settlements (BIS), an organisation owned by 60 of the world’s central banks from…