Crypto News 

‘Dr. Doom’ Nouriel Roubini Gloats over Bitcoin Price

“Those individuals who hate cryptocurrency are ecstatic with this turn of events, with noted nocoiner Nouriel Roubini, also known as Dr” writes Jeffrey Francis for livebitcoinnews.com. The recent dramatic fall in Bitcoin price has caused quite a bit of consternation among the crypto faithful.Doom, is gleefully gloating about the recent drop in Bitcoin price.Doom, gloating over the slumping Bitcoin price. Source: livebitcoinnews.com Share This:

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Facebook is testing a new feature called ‘Watch Videos Together’ on Messenger

“Along with allowing Messenger users to create shared experiences from afar, the “Watch Videos Together” feature would introduce new revenue opportunities for the company, the report said” reports firstpost.com. Since the News Feed ad revenue growth has slowed down amidst fluctuating user growth and limited ad space, the social media giant has recently been focussing on its subsidiaries like Messenger and photo-messaging app Instagram to increase monetisation. Source: firstpost.com Share This:

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Distributed Ledger Technology is an Option for Cross-border Payments According to Canada, UK and Singapore

“Three international financial institutions are looking into the benefits of using distributed ledger technology (DLT) to improve cross-border payment processes” writes Nikita Blows for livebitcoinnews.com. Do you believe that more banks will be using DLT for cross-border payments come 2019?. The aim of this model, of course, would be to improve “access, speed, and transparency of cross-border payments”.Their views are expressed in a promisingly titled report, ‘Cross-border interbank payments and settlements: Emerging opportunities for digital transformation’.Traditional cross-border payments can be expensive. Source: livebitcoinnews.com Share This:

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Facebook investors increase pressure on CEO Mark Zuckerberg to step down: Report

“It is a company and companies need to have a separation of chair and CEO,” Kron was quoted as saying” reports firstpost.com. Facebook investors have increased pressure on Chairman and CEO Mark Zuckerberg to step down after a New York Times investigation suggested that the social network hired a Republican-owned political consulting and PR firm that “dug up dirt on its competitors”. Source: firstpost.com Share This:

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Crypto Markets News 

Blockchain Adoption in Energy Sector to Grow by 65%, Says Research

“Technavio, a leading market research company has forecast growing adoption of blockchain technology within the sector in the coming years” writes Kuldeep Kaul for livebitcoinnews.com. Market research conducted by Technavio has predicted that use of blockchain technology in the energy industry will increase between 2019 and 2023.What are your thoughts on the implementation of blockchain technology in the energy sector?. According to the PEi, blockchain technology will see a growth of 65% in the sector between 2019 and 2023.While blockchain technology was invented for facilitating peer-to-peer money transfers, it is…

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News Stocks 

Supply glut mars Turing effect for Nvidia shares

“Nvidia’s Turing chips feature ray tracing https://devblogs.nvidia.com/practical-real-time-ray-tracing-rtx technology that helps game creators to make real-time cinema-quality visuals by simulating the physical behavior of light” writes Midwest Communications Inc for 95kqds.com. Wall Street analysts, responding to Thursday’s results, said poor sales were likely to continue for at least a couple of quarters until the generally well-reviewed Turing technology takes hold with software and hardware makers.The world’s biggest maker of graphics cards for computer gaming pinned the blame for a disappointing holiday forecast on unsold “Pascal” chips piling up with distributors and…

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PayNet Links Community Bank BNB To Small Biz Loan Tech

“Small business credit analysis company PayNet is linking up with a community bank to streamline SMB lending for the institution” reports pymnts.com. A press release issued this week said that BNB Bank, a community bank operating across the New York and Long Island metropolitan area, will integrate PayNet technology to enhance its underwriting process for small business loans.The FI will use PayNet’s Credit History Report and MasterScore v2 as part of its efforts to fully digitize the SMB lending process, with the PayNet solutions enabling the bank to automate risk…

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Over half of users believe wearable tech improves their mental health

“More than half of UK consumers who wear smartwatches or fitness bands believe the devices have improved their mental health, research suggests” reports techdigest.tv. Meanwhile, 72% of wearable fitness tracker users say their device has helped improve their physical health and 71% say they exercise more often since buying their gadget.Some 55% of consumers who use the devices believe they have gone beyond improving their fitness and also benefited their mental health, with the figure rising to 61% of 16 to 34-year-olds, the study by analysts Mintel indicates.Mintel forecasts that…

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U.S.’s Overt Payback for China’s Covert Espionage

“The U.S. counterattack, in part, seems to be a public revelation of just how and why Beijing is stealing America’s secrets — overt payback for covert espionage” reports realclearpolitics.com. To combat Chinese spying and hacking, U.S. intelligence agencies are increasingly sharing with the Justice Department revelatory information about Chinese operations.That pledge followed an indictment the previous year that revealed an elaborate plot by Chinese military hackers to steal U.S. commercial secrets.The indictment notes that the Chinese government had identified DRAM as “a national economic priority” that Beijing was determined to…

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Futures News Stocks 

Dow set to fall 100 points as chip makers drag down tech

“U.S. stock index futures indicated a lower open Friday a decline in semiconductor stocks pressured the overall technology sector” writes Bryan R for cnbc.com. ET, Dow Jones Industrial Average futures were down 131 points, indicating a lower open of 112.27 points.The weakness in chip stocks dragged the technology sector, with the Technology Select Sector ETF (XLK) falling 1.1 percent in the premarket. investors also fretted over political developments overseas amid heightened fears the U.K. could soon crash out of the European Union without a divorce deal.Nasdaq 100 and S&P 500…

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