Dow Jones, Bitcoin Price Rallies in Jeopardy as US Stock Market Sends Mixed Signals

The US stock market is taking an uneven path on Thursday morning, with the Dow suffering triple-digit declines while tech stocks rise. The cryptocurrency market is almost universally sour, however, as traders continue to wrestle with that is now the longest-ever bear market for the bitcoin price. Dow Risks Fall Back Below 25,000 The Dow had stomped to a monster 435 point gain on Wednesday as the stock market rode the wave of continued Federal Reserve patience on interest rate hikes, as well as positive earnings reports from major firms including Apple and Boeing. That bullish sentiment did not carry

Dow Jones, Bitcoin Price Rallies in Jeopardy as US Stock Market Sends Mixed Signals by CCN

News – CCN

Caterpillar’s China Warning Sends Dow Tumbling 310 Points

The U.S. stock market is in firm retreat Monday morning after Dow blue-chip Caterpillar Inc. (CAT) warned of no sales growth in China. Dow Jones Pivots Lower All of Wall Street’s major indexes registered sharp losses through the morning, mirroring a volatile pre-market session for Dow futures. The Dow Jones Industrial Average tumbled as much as 401 points before paring losses later in the morning. At last check, the blue-chip index was off 310 points, or 1.3%, at 24,427.41. The broad S&P 500 Index fell 1.1% to 2,635.96. Ten of 11 primary sectors traded in negative territory, led by heavy

The post Caterpillar’s China Warning Sends Dow Tumbling 310 Points appeared first on CCN

News – CCN

Story: A Coinbase user accidentally sends bitcoin to a litecoin address. Coinbase support claims it’s not recoverable. Someone on Twitter helps the user recover the funds successfully.

Just listened to the story on the recent Blockdigest episode. The TL;DR is in the title.

It's of course the mistake of the user to not being careful enough, but also negligence on part of Coinbase not to have any sort of warning or restrictions in place for sending bitcoin to a litecoin address (which seems like an easy and reasonable thing to implement).

But particularly negligent is to claim that the funds are not recoverable anymore, which is simply not true, and luckily, another Twitter user was able to help recover the funds successfully (worth around $ 2.5k). So the Coinbase support was simply either incompetent or just lazy or lying, which is all equally concerning, as such cases are likely not very rare with all the newbies coming into the space and Coinbase is one of the biggest fiat on-ramps into bitcoin.

Timestamp to the story (as told by @brian_trollz, the person helping with the recovery): https://youtu.be/cvbm0YlKV04?t=3211

Link to the original Twitter thread: https://twitter.com/djjindra/status/1073096138893385728

And the follow up by @brian_trollz: https://twitter.com/brian_trollz/status/1073241960528429056

submitted by /u/TheGreatMuffin
[link] [comments]
Bitcoin – The Currency of the Internet

I want a smart currency based phone where the caller has to send me BTC to get me to answer, if I talk to them more than 120 seconds the phone automatically sends them back the BTC. That would effectively end spam calls..

submitted by /u/brainhack3r
[link] [comments]
Bitcoin – The Currency of the Internet