Crypto News 

Bitcoin Price Hits Four-Month Low

“The overall Bitcoin price hit a four-month low yesterday due to multiple issues. 2018 has not been a good year when looking at the overall Bitcoin price” writes Jeffrey Francis for livebitcoinnews.com. Bitcoin hit a fourth-month low in price yesterday, coming in at $6,006.It’s not just the hacking of cryptocurrency exchanges that have put a dampener on the Bitcoin price.Some have claimed that there are multiple issues pushing the downward Bitcoin price.John McAfee says that the price of Bitcoin will hit $15,000, while Tom Lee projects the coin to reach…

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News 

ET Deals: 65-inch Vizio 4K HDTV for $600, EVGA’s GTX 1060 6GB only $250

“Samsung 860 EVO 1TB 2.5-inch M.2 SATA III Internal SSD for $237.99 (500GB for $120) at Amazon (List price: $299.99)” writes Grant Brunner for extremetech.com. Amazon Deal of the Day: Halter ED-600 Preassembled Height Adjustable Desk for $109.99 at Amazon (List price: $169.99).Plantronics BackBeat PRO 2 Wireless Noise Cancelling Headphones (Comparable to Bose QC35) for $127.99 at Amazon (List price: $199).North Bayou Full Motion Gas Spring Monitor Desk Mount for 17″-27″ Monitor for $19.99 at Amazon (List price: $39.99).Samsung T5 500GB USB 3.1 Portable External SSD for $127.99 (250GB for…

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News 

Amazon’s kid-friendly FreeTime app hits iOS as Facebook’s Messenger Kids reaches new countries

“While Apple is only getting started with its Screen Time feature in iOS 12, both Amazon and Facebook are expanding their kid focused apps” writes Bang Olufsen for 9to5mac.com. Starting off with Amazon, rather than limiting kids’ time on devices, they’ve created an app that brings age-appropriate content to children 3-12 years of age (via TechCrunch).Announced via a press release, Facebook says its focus with this app is to Be Kind, BeRespectful, Be Safe, and Have Fun.Apple is currently promoting the app on the featured tab of the App Store. Source: 9to5mac.com…

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News 

Sale price for Weinstein Co. cut by $23 million

“The Weinstein Company has agreed to reduce its sale price to Lantern Capital by $23 million, as doubts have been raised about whether the deal can close” writes Gene Maddaus for nypost.com. Paul Zumbro, the lead attorney for the company, announced in Delaware bankruptcy court Friday that the company had agreed to reduce the agreed price from $310 million to $287 million.We think it’s totally inappropriate.” The unsecured creditors committee represents trade creditors as well as alleged victims of Harvey Weinstein’s sexual abuses.The price cut will hurt creditors who hope…

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Markets News Stocks 

Mastercard stock gains as analyst says it can reach a $1 trillion market value in a decade

“Mastercard shares are up 63% over the past 12 months, while Square shares have gained 176% and the S&P 500 SPX, +0.25% has gained 13%” writes Emily Bary for marketwatch.com. MA, -0.02% are up 0.4% in premarket trading Friday after two analysts raised their price targets on the stock.Wedbush analyst Moshe Katri raised his price target on Mastercard to $220 from $210, and also turned incrementally more upbeat on a number of other payments names, including Square Inc. Source: marketwatch.com Share This:

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News Oil 

OPEC discussing oil production increase to ease energy costs

“Non-OPEC member Russia had also agreed to that cut and will discuss with OPEC on Saturday whatever production increase the cartel agrees on Friday” writes The Associated Press for seattletimes.com. While Iran has voiced skepticism in recent days about the prospect of a production increase, on Friday it sounded more flexible on the idea.VIENNA (AP) — The countries of the OPEC oil cartel will discuss increasing their production by about 1 million barrels a day at a meeting Friday that could influence the cost of energy globally in coming months.Its…

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Markets News Stocks 

Amazon could crack $2,000 before we see a pullback, says market watcher

“Johnson and Piper Jaffray have a $1,850 price target on Amazon shares, another 6 percent rise from current levels” writes unknown author for cnbc.com. The sky is the limit for the shares, according to one market watcher.A rise to $2,000 implies roughly 15 percent upside from current levels and would tack on an additional $130 billion in market cap, putting its total at $970 billion.Craig Johnson, chief market technician at Piper Jaffray, agrees that the stock has more upside from here. Source: cnbc.com Share This:

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GBP News 

British Supermarkets Are ‘Trapping’ Overseas Farmers In Poverty

“The analysis found that across 12 common food products, including tea, orange juice and bananas UK supermarkets receive almost ten times more of the checkout price than the small-scale farmers and workers who produce them” writes unknown author for huffingtonpost.com. Tesco, Sainsbury’s, Morrisons, Asda, Aldi and Lidl are among supermarkets that are “increasingly squeezing the price they pay their suppliers” leaving people trapped in poverty, Oxfam has claimed.Oxfam claimed there was a “striking gap” between the policies of British supermarkets now and what they needed to do to to ensure…

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Crypto News 

Bitcoin Cash Price Analysis: BCH/USD jumps over 5% in the late afternoon on Wednesday, as price bounces off support within broadening wedge pattern, $1000 looming

“BCH/USD was able to receive decent support at the lower trend line of the broadening wedge pattern, seen on the 60-minute time frame” writes Fx Street for forexcrunch.com. Support is seen at $885, 50MA and then $860 the lower part of the wedge pattern, also where the 100MA tracks.The Bitcoin Cash price made a jump of around 5%, in the later stages of afternoon trading on Wednesday.Over this week so far, price action has formed a broadening wedge pattern, subject to a breakout, which will likely to Bitcoin Cash out…

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