Wall Street is loading up on shares of one 5G SuperStock (26 million shares purchased).
Because the stock brings in more cash than IBM, Facebook and even Google! Yet it trades for just $3.
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. It has a market cap of $4.92 billion, a circulating supply of 61.6 million and has traded over $3.78 billion in the past 24 hours according to CryptoSlate.com.
LTC/USD broke out of a falling wedge on April 30 and is making another surge higher today. The target, based on the wedge formation, is the previous high of $98.75. A potential stop could be placed below $76.
Facebook is Creating a Cryptocurrency Payments System, but Its Users May Take Some Convincing
The biggest social network on the planet is seeking investments of about $1 billion for a cryptocurrency-based payments system, The Wall Street Journal reported Friday. The company has talked to financial institutions including Visa V, +0.60% Mastercard MA, +0.18% and payment processor First Data Corp.
AWS Unveils Amazon Managed Blockchain to Easily Create, Manage, and Scale Blockchain Networks
Amazon Web Services, an Amazon.com company, announced the general availability of Amazon Managed Blockchain, a fully managed service that makes it easy to create and manage scalable blockchain networks. Customers who want to allow multiple parties to execute transactions and maintain a cryptographically verifiable record of them without the need for a trusted, central authority can quickly setup a blockchain network spanning multiple AWS accounts with a few clicks in the AWS Management Console.
CME Group’s Net Income Falls 17% in Q1 Amid Record BTC Futures Trading Volume in April
In April, CME Group reported that it had achieved record levels of trading volume on bitcoin (BTC) futures — achieving an all-time high of 22,542 contracts. This was equivalent to 112,700 BTC, which is worth $653 million at press time.
Smart Contracts Need Legal Certainty to Take Off, Says Vos
A body set up by the government and legal profession to promote the legal technology industry is to seek views from lawyers on clarifying the legal status of so-called crypto-assets and smart contracts, the chancellor of the High Court has revealed. Sir Geoffrey Vos said yesterday that the Jurisdiction Taskforce of the LawTech Delivery Panel will open a public consultation in the next few days.
Ethereum’s Proof of Stake Code Nearing Completion, to Be Finalized Next Month
The developers of Ethereum (ETH), the world’s largest platform for building and deploying decentralized applications (dApps), have revealed they’re preparing to finalize the blockchain network’s proof-of-stake (PoS)-based consensus protocol. During the last bi-weekly meeting between Ethereum’s Core developers Justin Drake, a researcher at the Ethereum Foundation, said the code specifications for the initial phase of Ethereum’s transition from proof-of-work (PoW) to PoS was “on track” to be completed by June 30, 2019.
Top 5 Gainers
Top 5 Losers