Crypto News 

Crypto Analysis: Price Bounce Incoming for Bitcoin, Litecoin, Bitcoin Cash?

“At certain points, the LTC/USD trading pair even traded a few points over the $100 price level prior to sellers appearing” reports financemagnates.com. If a downside break under $825 were to occur, the price levels would be faced with vast amounts of pressure.Over the last week, there was a relatively good rise above the $6,130 price level of bitcoin against the US dollar.However, the price level was able to cling onto the 61.8 percent Fib retracement level of the last wave.Over the previous week, an upside recovery over the $95…

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Oracle beats Wall Street’s expectations across the board with earnings up 11%

“Oracle shares shot up 4% in after-hours trading Tuesday, following a major beat for the company in its fourth quarter 2018 earnings” writes Becky Peterson for businessinsider.com. “Last year, I forecast double-digit non-GAAP earnings per share growth for FY18 and we delivered 14% growth this year, largely driven by strong growth in our cloud businesses,” said Oracle CEO Safra Catz. “Looking ahead to FY19, I expect revenue growth will enable us to deliver double-digit non-GAAP earnings per share growth once again.”.  Source: businessinsider.com Share This:

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Crypto Markets News 

Avoiding another cryptocurrency ‘penis’ moment with WatermelonBlock and IBM Watson

“By continually scanning the internet for sentiment data and analyzing both tone and author credibility, the AI-powered market predictions can help investors to spot potential winners” writes Stewart Rogers for venturebeat.com. It was a watershed moment in the wonderful world of cryptocurrencies, ICOs, and blockchain technology projects. Source: venturebeat.com Share This:

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NEO Price Analysis: NEO/USD jumps around 8% within an hour, but upside capped by resistance just above $40.50

“NEO price action has formed a bearish pennant pattern, as can be seen on the 4-hour chart view” writes Fx Street for forexcrunch.com. The NEO price was seen up 2.5% in the latter stages of trading on Monday, after starting the session slow within negative territory.It would be key to see a break from the mentioned pennant pattern, the upper resistance seen at $40.90, a move north and close above this would cancel out the textbook technical.NEO/USD has staged a rebound, after a decent bounce of the lows at $35.80…

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Crypto News 

Bitcoin and Manga Collide in Shonen Crypto

“The world of Japanese manga and cryptocurrency collide in Shonen Crypto, a comic book based upon virtual currencies and blockchain technology” writes Jeffrey Francis for livebitcoinnews.com. The cryptocurrency-themed manga is called Shonen Crypto, and it’s available online for free.The goal of Shonen Crypto is to spread knowledge about cryptocurrency and its underlying technology. Source: livebitcoinnews.com Share This:

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Moody’s: Coal bailout bad for consumers, good for First Energy

“Of that total, nearly 34 percent of the power plants scheduled to close are located in the PJM region” writes Luke Sharrett Bloomberg for washingtonexaminer.com. It could also cause headaches for natural gas power plants, which are currently the reason why coal and nuclear plants are struggling, Moody’s pointed out.Perry wants to order the nation’s grid operators to pay coal and nuclear plants more, which would be “credit positive” for owners of uneconomic power plants. Source: washingtonexaminer.com Share This:

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Analysis: HUD plan would raise rents for poor by 20 percent

“Roughly 4 million low-income households receiving HUD assistance would be affected by the proposal” writes Juliet Linderman for sun-sentinel.com. In Detroit, where Carson’s mother, a single parent, raised him by working two jobs, low-income families could see their rents increase by $710, or 21 percent.The impact of the rent proposal would affect low-income residents and families everywhere.”This proposal to raise rents on low-income people doesn’t magically create well-paying jobs needed to lift people out of poverty,” said Diane Yentel, CEO of the National Low Income Housing Coalition.Housing Secretary Ben Carson…

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U.S. drug prices hit by insurer tactic against copay assistance: analysis

“About 4 percent of patients using AbbVie’s blockbuster arthritis treatment Humira were covered by health plans using copay accumulators, he said” writes Midwest Communications Inc for 95kqds.com. Evans said that around 17 percent of health plans with 5,000 or more employees are currently using a copay accumulator. Source: 95kqds.com Share This:

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Hitting toughest climate target will save world $30tn in damages, analysis shows

“Achieving the toughest climate change target set in the global Paris agreement will save the world about $30tn in damages, far more than the costs of cutting carbon emissions, according to a new economic analysis” writes Damian Carrington for theguardian.com. Most nations, representing 90% of global population, would benefit economically from keeping global warming to 1.5C above pre-industrial levels, the research indicates.Prof Maximilian Auffhammer, at the University of California Berkeley, US, and not part of the research team said: “Translating the impacts of climate change into economic damages is challenging.The…

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