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All Posts Author: Patrick Stevens
Technology

Binance Review – Does This Cryptocurrency Exchange Live Up To The Hype?

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Here's an overview of the well known cryptocurrency exchange Binance...

Shining the Spotlight on Binance

At the moment, cryptocurrency investors have many exchanges at their disposal, with different options, so picking the right one is not an easy matter. Whether you're a crypto novice or seasoned digital currency investor, you should ensure that you use the best platform to optimize your profits from cryptocurrencies.

Binance is an exchange that is often mentioned by the mainstream media. It has rapidly acquired a big following and become one of the most famous digital currency exchanges around. Its' unprecedented rise is a large reason why lots of people are cautious about it, and want more information about whether they can trust it or not.

For this reason, I have chosen to provide the following Binance review!

Firstly, let's begin with a fundamental question...

Market News

Dealing With Market Volatility

MarketVolatility

Without a doubt, the stock market has experienced some volatility in recent weeks, which is bound to make investors nervous. Here are a few tips for dealing with market volatility.

Firstly, look for potential investment opportunities. A market downturn is basically a sale on various securities. You may be able to snag shares in a valuable company for a reduced price that will only increase in value when the market rebounds.

Secondly, focus on educating yourself by reading books and articles and listening to podcasts on investing. Expanding your knowledge of how the market works and how it performed in the past can help you understand what is going on and perhaps alleviate some of your apprehensions.

If you have a mentor or someone who has offered you investing advice, consult with them. He or she has probably experienced bouts of market volatility before and should be able to offer insight into how the market works. Their words of wisdom can help guide you during these challenging times.

Market NewsTechnology

Invest In Bitcoin Today

bitcoin-2018

Crypto currency is currently in a slump. There is only one thing to do- buy Bitcoin. The rule is always buy low, and sell high. That means buy crypto currency when the prices are low and sell them when they are high. People call the current slump "the end of crypto currency" but it isn't true. Remember, buy low. This is a great opportunity to diversify with crypto and get it at a great price. Remember these two words- buy Bitcoin.

The crypto currency market is volatile but there is plenty of money to be made in the selling of it during highs. In order to make money while the prices are high, you must purchase while it is low. Buy Bitcoin. Buy Bitcoin. Buy Bitcoin.

Market NewsTechnology

Netflix Beats Expectations, Posts Record Growth

Netflix

Netflix is going from strength to strength based on its numbers from the last quarter of 2017. The company recently released the figures which include 8.3 million fresh subscribers to the platform with 2 million of these coming from the US.

Their shares were already inching up even before the announcement with an all-time high of $227.38 on Monday. Then the news came that the Wall Street estimates were beaten by a mile for both US and international subscribers which were set at just 1.28 million and 5.02 million, respectively. The impressive figures further boosted the price by over 9%.

This growth in subscribers also translated into an increase in revenues. The Q4 earnings per share was 41 cents while the revenue was $3.29 billion. There were doubts due to the price increases rolled out during the quarter including a bump from $9.99 to $10.99 a month in the US. It seems that customers were not discouraged. There was a 25% rise in paid streaming memberships and a 35% rise in revenues.

Market NewsTechnology

Telegram's $1.2B ICO Ambition To Create A New Ethereum

Telegram

A brief of the ambitious Telegram's $1.2B ICO plan for the future

We have more details on the plan by the Telegram's messaging app to push its project the Telegram Open Network (TON). The move was made after the company obtained the whitepaper and investor prospectus was completed in full.

According to the documents, Telegram depicts its discontent on being similar to the many ICOs that use the Ethereum platform to sell their tokens and services. Rather than sticking to the norm, Telegram aims to create its own platform that will compete with Ethereum. The new platform will host new decentralized services as well as Internet experiences.

If Telegram's ICO works out, then it will set a new record. However, this will only be the beginning.

In the future, the company wants to raise a whopping $1.2 billion. To start off, it will raise $ 600 million between January and February from those in the company's executive's circle and traditional capital venture backers. The few selected by TechCrunch will receive letters to confirm their participation on the stage.

After the presale, the company will then invite retail investors to a public sale which will be held in March to raise the remaining $600 million. If the company is able to achieve this fete, it will beat the current record held by Filecoin in September for raising $257 million.

A new player in running the decentralized web

According to the company through its documents, the app is used in over 60% of community communications among its ICO projects.

The Telegram company thus believes that its ICO should be used to develop a decentralized Internet to power decentralized apps (DApps in short), censorship-proof websites and smart contacts and other programs rather than monetizing it.

Technology

Bitcoin Gaining Ground By Being Offered As Prize Money

Fanduel

There is some exciting news in the fantasy football tournament. FanDuel is giving bitcoins as prizes to the winners.

FanDuel announced The Bitcoin Bowl recently that will be happening during the NFL playoffs and they will be offering free bitcoins to the winners as prizes.

There will be two different contests- the first consists of a single free entry into the contest where the prize is 1 bitcoin, and the other will be a multi-entry contest that costs $3 to enter and has four different prize levels- The first level is one bitcoin, the second level is half a bitcoin, and the third and fourth levels are one fourth of a bitcoin.

The bitcoin value is not being considered in the contest and the winner will receive the bitcoin no matter its value in the marketplace.

MediaTechnology

Twitter Stocks Rising; As Well As Hope

Twitter

Twitter, the social media site that numerous celebrities and many others use, got some much needed good news this weekend when they had their best closing value since the beginning of the year. Over the storied history of Twitter this looks to be a small sign of good things to come.

Twitter has always had rises and falls. Usually right after one is the other. This is giving investors hopes that with the announcements made of new abuse and harassment policies and JP Morgan publicly giving a positive feedback that things will get better.

Twitter has been scorned for their weak outlook and self regulation on their abuse and harassment issues that have plagued every social media site. They are hoping to rectify that problem with a new policy update. Stricter rules and harsher punishments always seem to be a good way to keep the malcontents at bay.

Market NewsTechnology

The Volatile Price Of Bitcoin

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The price of Bitcoin continues to grow, and it recently hit values over $16,000. The cryptocurrency's values nearly doubled over the last two weeks. Institutional war chests are probably doing most of the movement at this point, considering that the market cap now reached nearly $300 billion. This raises the stakes for traders to new heights.

Different exchanges have been citing different prices over that time period. While everyone had the price of Bitcoin pegged at around $8,000 just 14 days ago, the Coinbase GDAX exchange approached the $19,000 mark. Most other exchanges had the price of Bitcoin positioned at a much lower value. These drastic differences are making it difficult to predict market fluctuations with any degree of certainty.

Technology

To Bitcoin Or Not To Litecoin

Litecoin

There are three different crypto currencies that are capturing the attention of the world. Determining which is the best is a common activity. Understanding just a little about each can help determine which is the best for you.

Bitcoin
It is the oldest of the crypto currencies. It is also the most common of the three crypto currencies. It is the only one that is currently being accepted as payment in everyday commerce transactions either online or in brick and mortar locations. It has a limited supply of 21 million bitcoins. The current amount of bitcoins in circulation is approximately 16.70 million bitcoins.

Litecoin
Litecoin closely resembles Bitcoin. It was created to be the alternative for Bitcoin. Litecoin's mining system is less complicated than that of Bitcoin. The result is quicker confirmation time of 2 1/2 minutes compared to the 5 minutes it takes for a Bitcoin confirmation. There is a limited supply of 84 million Litecoins of which 53.99 are in circulation.

Technology

Details Of The SoftBank Uber Deal

Uber

The proposed multi-billion dollar Uber SoftBank deal appears to be progressing.

A spokesperson confirmed that Uber has decided to continue with the long-awaited investment with Soft Bank Group.

While Uber has not explained the details of the plans, the future arrangement includes a $1 billion investment, based on the latest valuation of $70 billion. A close, but unnamed source, states this deal is an extension of the recent Series G round.

Additionally, $9 billion of Uber shares is expected to be purchased from shareholders and employees alike in order to earn the group lead by SoftBank and Dragoneer Investment Group a 14% ownership stake. While a price has yet to be set, these shares are expected to be purchased at a discounted valuation.

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