Apple Announces New Services; Will They Help Its Ailing Stock?

Tech giant Apple is bringing new programs and services to the table. Time to Read Up Through a livestream hosted by CEO Tim Cook, audiences were introduced to Apple News+, an extension of the already popular Apple News. Apple News+ will bring over 300 magazines to users, covering topics like entertainment, news, politics and travel. Users will receive personalized news feeds based on their previous reading habits. Among the app’s primary offerings are the live covers that will feature moving images and the “today tab,” which offers all the latest and most recent articles for users to examine. Apple News+

The post Apple Announces New Services; Will They Help Its Ailing Stock? appeared first on CCN

Why Fake Crypto Volume Plague Could Actually Raise Odds of Bitcoin ETF Approval

In March 2017, the U.S. Securities and Exchange Commission (SEC) denied the first ever bitcoin exchange-traded fund (ETF) proposal. Since then, many bitcoin ETF applications have been filed by nearly ten companies, and many of them have been rejected by the SEC for similar reasons. This week, in a presentation to the SEC, Bitwise revealed that the overwhelming majority of the trading volume in the bitcoin exchange market is fake and that a substantially large portion of the global bitcoin volume comes from the United States. Ironically, the fake volume plague in the cryptocurrency exchange market may increase the probability

The post Why Fake Crypto Volume Plague Could Actually Raise Odds of Bitcoin ETF Approval appeared first on CCN

Free Talk Live and Friends Raise $80K in Crypto for Ugandan Orphanage

On Monday, the independently syndicated radio broadcast Free Talk Live (FTL) announced that the organization, along with a group of businesses and FTL listeners, had raised $45,000 in cryptocurrencies to construct an orphanage in Uganda. The initiative also raised another $35,000 in crypto to purchase the land for the orphanage within the small African village. […]

The post Free Talk Live and Friends Raise $80K in Crypto for Ugandan Orphanage appeared first on Bitcoin News.

Dow Extends Brutal Plunge as Recession Fears Pummel Stock Market

The Dow and broader U.S. stock market extended their slide Monday after an inverted yield curve stoked fears of an impending recession for the world’s largest economy. Dow Extends Slide; S&P 500, Nasdaq Follow All of Wall Street’s major indexes continued lower at the start of the week, reflecting a tepid pre-market session for Dow futures. The Dow Jones Industrial Average declined by as much as 128 points before paring losses later in the session. The index was last down 62 points, or 0.2%, to 25,440.08. The broad S&P 500 Index of large-cap stocks declined 0.4% to close at 2,790.73.

The post Dow Extends Brutal Plunge as Recession Fears Pummel Stock Market appeared first on CCN

Microsoft Bing Trashed 5 Million Crypto Ads in 2018: Who Cares?

Microsoft search engine Bing ranked second in popularity in January. The ranking didn’t include YouTube, which by itself processes 3 billion queries per month. This ranking enabled Microsoft to have a severe impact on the dissemination of cryptocurrency advertisements in 2018, according to a “year in review” report published today. Comedy Gold: Microsoft Says 2018 Saw Bitcoin ‘Bull Run’ First, comedy gold. The Bing report wrongly claims that cryptocurrency experienced a “bull run” in 2018. “Cryptocurrency as an asset class saw a bull run in 2018, increasing valuations multi-fold.” As readers are probably well aware, 2018 was the wind-down year.

The post Microsoft Bing Trashed 5 Million Crypto Ads in 2018: Who Cares? appeared first on CCN