Crypto Markets News 

Report: Global Blockchain in Energy Utilities Market to Grow 60% by 2024

“The global blockchain in energy utilities market is expected to grow by 60 percent by 2024, according to a new report from Infoholic Research LLP published on Feb. 15” writes Ana Alexandre for cointelegraph.com. Per the report, the global blockchain in energy utilities market was assessed to be $210.4 million in 2018, and is expected to reach $3.4 billion by 2024.To prepare the report, Infoholic Research reportedly analyzed the deployment of blockchain in the energy utilities market on a global scale by components, services, application, and regions.Infoholic Research thus predicts…

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News 

Atlassian is ‘rewriting the playbook’ in cloud software, and customers love it so much it could raise prices without anyone complaining, says analyst

“Notably, Atlassian deploys no traditional sales team; customers buy Atlassian software straight from its website” writes Rosalie Chan for businessinsider.com. He believes Atlassian’s products are likely underpriced, and if they raise prices by 7-15%, customers are unlikely to complain much, if at all. Source: businessinsider.com

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News 

Trump says that the US will grow its way out of the $22 trillion debt

“Instead, annual deficits and the federal debt have grown on his watch. [Opinion: As the national debt hits $22 trillion, these are the only people trying to cut spending]” reports washingtonexaminer.com. Trump claimed on the campaign trail that he would eliminate the federal debt.Debt will be as large, relative to the U.S. economy as it has ever been by 2029, according to the CBO, assuming the individual tax cuts Trump signed into law expire as expected in 2025.The CBO expects modest growth in the coming years.In an analysis released late…

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News Oil 

Goldman sees oil rising toward $70, says demand forecasts are too gloomy

“Our constructive outlook for oil prices in 1H19 is predicated on both large supply cuts as well as resilient oil demand growth,” Goldman analysts said in a research note released on Tuesday evening” writes Tom Dichristopher for cnbc.com. Goldman’s outlook is based on its view that forecasts for demand growth have grown too gloomy and OPEC has adopted a “shock and awe” approach to pulling back supply.Goldman believes the world’s appetite for oil will grow by 1.4 million barrels per day in 2019. Source: cnbc.com

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BlackRock’s president just highlighted one fast-growing ETF product that will ‘catapult’ the $6 trillion firm

“Last year, overall fixed income ETF assets topped $600 billion for the first time, according to BlackRock – a small but growing corner of the $5 trillion overall ETF market” writes Meghan Morris for businessinsider.com. “We only right now cover 1% of all the fixed income that’s out there.”. The firm currently offers 87 fixed income ETFs, according to its website.BlackRock, the world’s largest investment firm, was founded as a fixed income shop before it expanded to a plethora of strategies.Now the firm is eyeing the asset class as a…

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News 

EU cuts Germany’s growth prospects with fears over global trade

“Traditionally seen as the powerhouse of Europe, Germany’s economy is starting to cause concern with uncertainties over global trade and the car manufacturing industry” writes Michele Tantussi for cnbc.com. The European Commission, the EU’s executive arm, revised down its growth forecasts for the country on Thursday. German bond yields dropped to their lowest level in over two years after the announcement, according to Reuters.The region is now set to grow 1.3 percent this year, from a previous forecast of 1.9 percent.It’s now expected to grow by 1.1 percent this year,…

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News Platforms 

Spotify paid subscribers up from 87M to 96M; company buys Gimlet and Anchor

“The relaunched app now allows anyone to record, edit, host, publish and distribute podcasts free of charge” writes Apple Watch Series for 9to5mac.com. Spotify CEO Daniel Ek said that Spotify was now the second-biggest podcast platform, after Apple – and that the company expects podcasts to become increasingly important to the company’s future.Gimlet and Anchor will position us to become the leading platform for podcast creators around the world and the leading producer of podcasts.But it has also bought Anchor, a startup which last year pivoted into being a one-stop…

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News 

Kidneys grown in rats could pave way for human transplants…

“The new study is the first evidence that the new technique could grow human kidneys for transplant (AFP Photo/ANNE-CHRISTINE POUJOULAT) Tokyo (AFP) – Scientists said Wednesday they have successfully used mice stem cells to grow kidneys in rat embryos, using a technique that could one day help grow human kidneys for transplant” writes Sara Hussein for yahoo.com. Hirabayashi said he was hopeful he would see human organs grown in animal hosts in his lifetime.And the process of growing human organs in animals poses an ethical conundrum because human stem cells…

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