Blockchain News

CCID announces latest blockchain technology assessment: Ethereum and EOS top, Bitcoin struggles

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China’s Centre for Information and Industry Development (CCID) has announced an eighth update of its Global Public Blockchain Technology Assessment Index (GPBTAI), with EOS top of the list with a total score of 156.1 points, followed by Ethereum with an assessment index of 136.4. GXchain outplaced BitShares to assume the third position in the list, […]

Blockchain

Newsflash: Bitcoin Price Falls Near $3,750

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Bitcoin price retreated below $4,000 for the first time this week to trade near $3,750 during Thursday’s early trading period. The price of bitcoin, the world’s first and foremost cryptocurrency by market value, was trading at $4,036 (Bitstamp) at 07:00 UTC on Thursday before a precipitous fall leading to a drop of nearly $300 in […]

Blockchain

As Dow Jones Rallies, Trading Bots Tell Investors to Short Everything

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The Dow Jones Industrial Average is rebounding, but computer trading bots are alerting investors to short everything. Trading Bots Suspicious of Dow Winning Streak According to quantitative investment firm AlphaSimplex, algorithmic trading bots suggest shorting three major asset classes: stocks, currencies, and commodities. “Pretty much any way you run the models, you end up net short […]