As Telegram again delays the launch of its Telegram Open Network (TON) after missing their April 30 deadline, some key players in the crypto industry don’t want Telegram to launch the coin at all. Michael Novogratz, CEO of crypto merchant bank, Galaxy Digital, and one of the biggest Bitcoin (BTC) bulls, expressed a sceptical stance
Month: April 2020
The cryptocurrency market might have had a horrid time over the past few weeks, but things have changed this week. Much of the reversal in fortunes is possibly tied to the upcoming Bitcoin halvening event. Why the Sudden Jump? The world’s biggest cryptocurrency by market cap has been in the doldrums due to the coronavirus-induced
One of the most curious and subtle developments of the COVID-19 global pandemic is the surging demand for stablecoins. Their total supply hit an all-time high recently — roughly $7.5 billion — with demand for Tether (USDT) and USD Coin (USDC) soaring. The development implicitly foreshadows financial disruption as desperate emerging market governments, foreign financial
The number of Vietnamese migrant workers in Japan reached a record high in the last five years, making Vietnam the second largest sender of migrants to the region. This growth is expected to increase as Japan’s borders become more open, following the government’s 2019 deregulation of a restrictive immigration law. As the overseas workforce continues
Is Bitcoin’s current rally just a bull trap, or is it actually headed for the moon? Trader Alessio Rastani and co-founder of Wintermute Trading, Yoann Turpin, explain why Bitcoin’s upward momentum may be impulsive in nature rather than corrective. Don’t miss the latest episode of Cointelegraph’s crypto market discussions for further analysis of the long
On April 29, Cointelegraph participated in a fireside chat event organized by the Webit Foundation. The panel, with the title of “Can blockchain be a solution for the upcoming economic crisis,” featured Roger Ver from Bitcoin.com as the main speaker. Like all events during the Coronavirus pandemic, the panel was held virtually, with its participants
Peathegee Inc Homeowners in New Jersey are getting a little bit of breathing room on their property taxes. Gov. Phil Murphy signed an executive order permitting municipalities to shift the property tax payment deadline from May 1 to June 1. The Garden State is home to the highest levies on property in the nation, with
Ariel Investments co-CEO and president Mellody Hobson speaks at the 2017 Fortune Most Powerful Women Summit in Washington, D.C. Paul Morigi | Getty Images Entertainment | Getty Images Investment expert Mellody Hobson is a firm believer in teaching kids about investing. She’d like it taught at every school in America — even at a young
Phynart Studio Prior to the Covid-19 pandemic, an astounding 53% of the American population felt anxious about personal finances. Undoubtedly, that percentage has grown significantly, with more than 26 million Americans becoming unemployed since then. The statistics are alarming, but it is not time to panic — it’s time to plan. Although many financial plans
I was biking up a big hill in Boston on a recent Sunday morning, an activity I’ve resorted to now that I can’t play tennis or go to spinning class. I was huffing and puffing, so I pulled down my face mask, which is required outdoor attire in my town. I noticed a runner coming
While most Americans have received their coronavirus stimulus payments by now, the IRS Get My Payment tool, which tracks the status of the checks, offers some hope to those who haven’t. But for many, the IRS website not only didn’t provide accurate updates, it left people worried they would never receive a payment at all. The
This is a live blog. Please check back for updates. 7:41 am: Facebook shares jump on ad revenue ‘stability’ Shares of the social media giant jumped more than 8% in the premarket after the company reported “stability” in its ad revenue after a decline in March. Facebook said its March ad revenues dropped sharply amid
Jack Dorsey, co-founder and chief executive officer of Twitter Inc., listens during a Senate Intelligence Committee hearing in Washington, D.C., U.S., on Wednesday, Sept. 5, 2018. Andrew Harrer | Bloomberg | Getty Images Twitter is set to report first-quarter 2020 earnings before the bell on Thursday. The report is expected to give investors further insight
The torrent of major corporate earnings results continued Thursday, with McDonald’s, CNBC parent Comcast, Twitter, and Kraft Heinz among the many companies reporting before the opening bell on Wall Street. Sales and profits have taken a beating for most corporations in the first quarter of 2020 as the initial effects of the pandemic began to drastically
Bitcoin (BTC) bounced off $8,500 on April 30 after fresh volatility saw the largest cryptocurrency shed 8% in hours. Cryptocurrency market daily overview. Source: Coin360 BTC price tests reclaimed support Data from Cointelegraph Markets and CoinMarketCap showed a swift reversal for Bitcoin on Thursday trading, diving from highs of $9,440 to lows of $8,530. At
Props Project, a decentralized network of apps including Dating.com, is migrating from a private blockchain to Algrorand (AGLO). Props’ network of independent apps uses Props Token as a reward mechanism. Currently it has over three million users across various apps. The company developed PropsChain, a private fork of Ethereum that currently handles 50,000 transactions an
In response to customer demand, leading cryptocurrency exchange Binance launched trading support for the community-led Steem (STEEM) hard fork Hive (HIVE) on April 27. HIVE can now be traded against Bitcoin (BTC), Tether (USDT), and Binance Coin (BNB), however, withdrawals and deposits will not go live until April 29. While Huobi’s recently introduced support for
A sale pending sign is posted in front of a home for sale in San Francisco, California. Justin Sullivan | Getty Images Home sales took a deep dive in March as the coronavirus pandemic shut down much of the economy and homebuyers and sellers pulled out of the normally busy spring market. Signed contracts to
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