Most overhyped under performers, featuring TokenPay and Electroneum among others

Most overhyped under performers, featuring TokenPay and Electroneum among others submitted by /u/Lama_43
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Source: CryptoCurrency
Most overhyped under performers, featuring TokenPay and Electroneum among others

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Appple under investigation in Russia over unfair competition

in Russia after the Russian company Kaspersky Lab filed a complaint to the Russian anti-monopolizing agency. Kaspersky Lab filed a complaint that Apple is using its market monopoly for its gains. The whole incident started with the release of the new Safe Kids application by the Kaspersky Labs. However, this application was […]
Source: bitcoinwarrior
Appple under investigation in Russia over unfair competition

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Apple Under Investigation, Blamed for Unfair Competition in Russia

Coinspeaker
Apple Under Investigation, Blamed for Unfair Competition in Russia

Recently, Kaspersky Lab filed a complaint about Apple with the anti-monopoly watchdog in Russia, claiming that the company is using its market monopoly. This whole fuss started when Kaspersky Lab’s latest version of their Safe Kids application was not approved by ’s operating system. Kaspersky claims that this resulted in a significant loss in functionality of the app.

Safe Kids is a parental control mobile app, which allows parents to control their kids mobile devices. The story thickens when Apple released their new, 12thversion of a similar app to Safe Kids, called Screen Time. Screen Time has practically the same functions as Safe Kids, so it’s obvious why Apple is being investigated. 

However, it turns out that Apple already notified its customers about such possible restrictions. When Apple was approached with questions about this issue, they referred this to the previous statement made on April 28. In the statement they said that they have recently removed several parental control apps because these apps “put users’ privacy and security at risk”. Apple says that some of these apps used a “highly invasive” technology called Mobile Device Management (MDM). Altogether, this was considered as a violation of the App Store policies.

However, Kaspersky Lab says that App Store guidelines used to allow limited use of MDM. But Apple didn’t specify how to obtain these permissions, in order to use the technology.

Rise of Apple’s Stock  

Recently Apple closed its long-awaited financial results for Q3. The projected revenue topped many analysts’ estimates who predicted that the Q3 earnings will bring in $53.4 billion. The company managed to go over it, and to surprised all analysts by showing revenue of $53.8 billion.

This immediately shot the AAPL stock price up by 4%. But the stock itself has seen constant growth in the last days. The stock price has gone from $192 to $201 in just three days.

At the moment, Apple is experiencing a slightly small decline in iPhone sales. The total iPhone revenue in Q3 had shrunk from $26.54 billion to $25.99 billion. For some, this would be considered as a minimal change and they wouldn’t even raise concerns when looking at the numbers, but it still is a little more than half of billion dollars.

“These results are promising across all our geographic segments, and we’re confident about what’s ahead. The balance of calendar 2019 will be an exciting period, with major launches on all of our platforms, new services and several new products,” commented Apple’s CEO, Tim Cook.

That’s obvious that the CEO just tried to be optimistic. Nevertheless, only time will show whether this optimism will bear fruits.

Apple Under Investigation, Blamed for Unfair Competition in Russia


Source: coinspeaker
Apple Under Investigation, Blamed for Unfair Competition in Russia

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EtherDelta Under Investigation in China for Possible Exit Scam

The decentralized exchange switched ownership, leading up to a token-based exit scam.


Source: cryptovest
EtherDelta Under Investigation in China for Possible Exit Scam

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Bitcoin Price Under $12K But Analyst Says Being Bearish ‘Riskier’ Now – Cointelegraph

$12K But Analyst Says Being Bearish ‘Riskier’ Now  CointelegraphBitcoin (BTC) price was closer to $11,500 on Aug. 7 as analysts brushed off concerns of a *fresh* downward move. Market visualization. Source: …
Source: worldnewsoffice
Bitcoin Price Under K But Analyst Says Being Bearish ‘Riskier’ Now – Cointelegraph

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Bitcoin Price Under $12K But Analyst Says Being Bearish ‘Riskier’ Now

return to $11,500 is ‘buy the dip’ opportunity


Source: cointelegraph
Bitcoin Price Under K But Analyst Says Being Bearish ‘Riskier’ Now

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Bitcoin Hovering Under $12,000 in Recent Surge, Major Altcoins See Green – Cointelegraph

$12,000 in Recent Surge, Major Altcoins See Green  CointelegraphBitcoin is hovering $12000 while major altcoins are seeing minor gains on the day.
Source: worldnewsoffice
Bitcoin Hovering Under ,000 in Recent Surge, Major Altcoins See Green – Cointelegraph

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Bitcoin Hovering Under $12,000 in Recent Surge, Major Altcoins See Green

Tuesday, July 30 — The number one cryptocurrency, (BTC), appears to have stabilized shy of $12,000 after quickly retaking $11,000 in a rally this weekend. Ether (ETH) and XRP are seeing slight gains at press time.

Market visualization. Source: Coin360

Bitcoin is trading around $11,700 at press time, with a 3.3% gain on the day. Bitcoin shot up quickly to over $11,500 within about four hours on Sunday, Aug. 4, subsequently reaching $11,800 on Aug. 5, but has subsequently settled a little lower at press time. 

Bitcoin 7-day chart. Source: Coin360

The number two cryptocurrency, Ether, has seen mild gains on the day, currently trading at over $229.29 with a 1.38% gain on the day. On the week, the coin is up by over 10%.

As previously reported by Cointelegraph, the institutional cryptocurrency exchange San Francisco Open Exchange recently suggested that Ether may be close to losing its status as an altcoin, since its price is more correlated to Bitcoin’s than any other token.

Ether 7-day price chart. Source: Coin360

XRP, the third largest crypto, has mostly been trading sideways. At press time, XRP is trading a bit over $0.320 and is trending up by 0.77%. 

Last week, XRP’s issuing company Ripple sent an open letter to the United States Congress, encouraging lawmakers to differentiate between different crypto assets and their associated entities when developing regulatory policy.

XRP 7-day price chart. Source: Coin360

Monero (XMR) is seeing the gains on the day among the top-20 altcoins, trading at $94.40, up almost 5% on the day.

Following listings on eToro and Coinbase Pro, Tezos’ (XTZ) price rallied up over 40% on the week. The coin has since cooled and is trading sideways, down 0.06% on the day and trading at $1.45. 

Tezos 7-day chart. Source: Coin360

The total market capitalization of the top 100 cryptocurrencies is over $303 billion at press time, according to data provided by Coin360’s summary table.

Keep track of top crypto markets in real time here

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https://cointelegraph.com/news/bitcoin---12-000-in-recent-surge-major-altcoins-see-green


Source: cryptoassethome
Bitcoin Hovering Under ,000 in Recent Surge, Major Altcoins See Green

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Bitcoin Hovering Under $12,000 in Recent Surge, Major Altcoins See Green

is short of $12,000 while top altcoins are seeing mild gains


Source: cointelegraph
Bitcoin Hovering Under ,000 in Recent Surge, Major Altcoins See Green

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Bitcoin Hovering Under $12,000 in Recent Surge, Major Altcoins See Green

Bitcoin Hovering Under $12,000 in Recent Surge, Major Altcoins See Green

This article was originally posted on Cointelegraph – an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen […]
Source: cryptonewsmonitor
Bitcoin Hovering Under ,000 in Recent Surge, Major Altcoins See Green

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