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DigixDAO jumps to $791M market cap despite general crypto market downtrend. January 2018 has been a volatile month for cryptocurrencies worldwide, with major news developments including increased South Korean regulation, Facebook banning cryptocurrency advertising, India pushing toward a crack down, and news of Tether and Bitfinex subpoenas. Much has been made of Bitcoin functioning as a store of value akin to gold, but Digix literally ...
Impending legal action or media frenzy? Continuing its volatile 2018, crypto markets are facing another round of volatility—with many claiming this new drop is related to recent news stemming from comments India Finance Minister Arun Jaitley made regarding cryptocurrencies during a Feb. 1 budget speech. more...
The S&P 500 dropped 0.67% on Monday, in the largest decline since last September. Part of the decline was the 2.1% drop in the stock of Apple, Inc. (AAPL), which was a drag on all of the major averages, as well as the technology sector. The largest holding in the Technology Select Sector (XLK) is Apple, with a portfolio weight of 13.74%. The stock market declined even more sharply on Tuesday with the Dow Industrials and S&P 500 dropping ...
Microsoft is set to announce its Q2 2018 earnings on Wednesday, January 31. The company continues to develop an ecosystem of cross-device applications and value-added services around its hardware and software. more...
The U.S. Securities and Exchange Commission has halted an Initial Coin Offering (ICO) launched by AriseBank, a 'decentralized' bank, which had purported to offer trading in over 700 crypto- currencies - including Bitcoin and Ethereum - and had raised around $600m towards a $1bn funding goal. more...