Ethereum DeFi’s Sushi Rips 100% Higher After FTX Listing

Ethereum is undergoing its latest craze: SushiSwap, whose native governance token is Sushi (SUSHI). The coin took a strong drop after it was launched this past weekend, but has since bounced back. Since bottoming around $0.70 just two days ago, the asset has exploded higher by 1,000%. The coin now trades for $6.60 and is up 120% in the past 24 hours alone. A good portion of this move higher comes after the coin was listed on FTX, a leading centralized exchange known for listing DeFi coins earlier, then sparking…

The Biggest Issues for Marvel’s Avengers Won’t Be Microtransactions

The Avengers release date is imminent, and the content poses some cause for concern. Microtransactions, however, are not something to worry about. If anything, Avengers has one of the fairest microtransaction policies we’ve seen. Crystal Dynamics’ Marvel’s Avengers title releases later this week – or tonight for those who’ve pre-ordered the deluxe edition – and reception has been all across the board. Some think the title is soulless, while others are excited about a cooperative superhero romp. But content aside, many are worried about the game’s microtransactions. The Avengers Tackle Microtransactions…

XRP May Rocket Higher After Tapping These Key Support Levels

XRP has been struggling to garner any momentum in recent weeks, with its price action largely being correlated to that of Bitcoin as of late. That being said, it has been able to recover all of the losses that came about as a result of its recent plunge down to lows of $0.25 in tandem with BTC’s plunge to lows of $11,100. The embattled cryptocurrency is now confirming that the mid-$0.28 region is heavy resistance, which could mean that this level will suppress its near-term growth. One trader is now…

Even a ‘Marriage’ to Loretta Lynn Won’t Make Kid Rock Relevant

Kid Rock “married” country music legend Loretta Lynn over the weekend. Lynn was called a “cougar” and the spectacle was called “tabloid fodder.” The rap-rocker-turned-Trump supporter is desperate for relevance, at this point. Kid Rock got married. Sort of. The 49-year-old patron saint of white trash “married” country music legend Loretta Lynn over the weekend. It was hailed as a “hillbilly soiree,” but it feels more like a desperate grasp for attention. Kid Rock Is Chasing Clicks Unable to get headlines for legitimate reasons like “making music,” or — better…

Should You Really Trust Elon Musk With Your Brain?

Elon Musk’s new brain implant device is causing people to make comparisons to Netflix’s “Black Mirror.” The show warns us of how this kind of technology can damage mental health and invade privacy. People are more afraid that their data will be sold and used for advertising purposes. As if 2020 couldn’t get any crazier, Elon Musk has designed a brain implant to record and replay memories. People are already comparing the news to Netflix’s “Black Mirror.” Created by Musk’s tech company, Neuralink, he describes it as a “Fitbit in…

Expect market regulation ‘avalanche’ if Biden beats Trump — Mulvaney

Former Trump chief of staff Mick Mulvaney says a Joe Biden presidency would cause an “avalanche” of regulations. Some economists have also voiced concerns that the Biden administration would lead to a stock market pullback.  This has led many crypto analysts to ponder what impact a strong stock market correction would have on the price of Bitcoin (BTC). During an interview on CNBC’s Squawk Box, Mulvaney said Biden would push many regulations in a short period. He stated: “If Trump wins you’ll see a lot more of the same. He’s…

CoinMarketCap Leadership Exodus, Loses Top Employees Following Binance Acquisition

Key Takeaways CoinMarketCap’s Interim CEO along with four other key team members have left the company Binance will reportedly appoint its own employees to CoinMarketCap’s leadership positions This could result in a conflict of interest, especially given CoinMarketCap’s earlier bias toward Binance Share this article Several executives have left CoinMarketCap, a popular cryptocurrency market aggregator. The staff changeover comes just months after an acquisition by Binance. Five Employees Leave CoinMarketCap The departing team members personally revealed the news to The Block on Monday, Aug. 31. Five employees have left the…

Should Marcus Morris Be Suspended for His Hits on Luka Doncic?

Marcus Morris punched Luka Doncic several times in one play on Sunday night. In the previous game, he stepped on Doncic’s bad ankle. Given Morris’ history of foul play, his punishment should reflect his attitude: it should be bad. Marcus Morris should’ve been a boxer. He clearly wants to fight at every available opportunity. What’s worse, you can make the argument that he wants to hurt people—like Luka Doncic. In back-to-back games, Morris levied dangerous hits against the Mavericks young star. And it’s far from the first time Morris has…

Chainlink Faces Grim Rejection as Likelihood of Hitting $15.00 Grows

Chainlink faced a grim rejection at just below $18.00 yesterday, which struck a blow to the technical strength that it had been expressing throughout the past few days and weeks. Because LINK has since reeled below the support it was forming at $17.00, it now appears that the crypto may continue trading within the long-held consolidation range that it has been caught within throughout the past few weeks. Analysts believe that the crypto may now face some further near-term weakness that sends it reeling down towards $15.00 in the near-term.…

The Stock Market Is Betting on a 2020 Victory for Donald Trump

A JP Morgan global strategy head says Trump will likely win the 2020 election. The stock market seems to agree. Wall Street analysts and clients generally view a Joe Biden Administration as unfriendly to equities. But the S&P 500 is sailing along, carefree of this outcome. Let’s set politics aside for a moment and talk about money. Marko Kolanovic, a global strategy head at JP Morgan, told investors Monday that his office expects Trump to win again in November. We currently believe that momentum in favor of Trump will continue,…