THREAD ROLLING (KITE LOVERS)

Newsflash: Bitcoin Price Plummets Near $11,000 in 2018-Low

Newsflash: Bitcoin Price Plummets Near $11,000 in 2018-Low Bitcoin price dropped to a 2018-low during Tuesday’s morning trading (GMT), losing over $2,300 (Bitfinex) in a 17% fall in just under 3 hours. Dampened by regulatory scrutiny in Korea, home to one of the world’s biggest crypto markets, bitcoin and other cryptocurrencies continued their descent today. After opening Tuesday’s trading near $13,500 on USD-based Bitfinex, bitcoin price settled at $13,200 at 07:00 (GMT) before a collapse that led the world’s first cryptocurrency drop to a low of $10,891 near 10:00 AM. At the time of publishing, bitcoin price is showing signs of a recovery in trading near $12,000. Coinciding with Korea’s regulatory squeeze, multiple reports today have also pointed to a senior Chinese central bank official proposing a wider ban on cryptocurrency trading that would extend to both domestic and offshore trading platforms. The call for a ban includes cryptocurrency services ...

It’s time to test your App-titude!

http://isthattrue.net/wp-content/uploads/2014/07/53b675ba8661b-1-300x180.jpg Telenor Pakistan’s youth-centric brand djuice, has announced the launch of Apportunity 2014 – a competition for Pakistani students and software developers to create mobile phone applications (apps). Djuice has been organising Apportunity for the past two years and in that short period of time, the competition has gained immense popularity amongst the youth across the country. This year, Apportunity is even bigger than before as djuice has partnered with Microsoft to help bring the competition to the Windows Phone platform besides the already popular Google Android and Apple iOS platforms. Microsoft is also supporting djuice to reach major university incubation centres in order to encourage quality app submissions. Moreover, with the support of Pakistan Software House Association (P@SHA), for the first time, djuice is opening the competition to software houses, as well. Apportunity 2014 has also introduced coac...

The world’s 10 riskiest sovereigns

http://isthattrue.net/wp-content/uploads/2014/07/cda382d9-fef3-4c77-bdc3-136c0c8f91c8-300x146.jpg Bosnia-Herzegovina is the world’s riskiest sovereign, according to a new model developed to calculate default probabilities, ahead of other high-risk countries such as Belarus, Ukraine and Rwanda. The model, which uses data from Euromoney’s Country Risk Survey, shows Bosnia-Herzegovina is one of the more alarming prospects with a default probability of 27.4% over 12 months. Surprisingly, the country still commands a stable B-rating from Moody’s and S&P, unlike other, similarly high-risk bonds mostly C-rated or on review for a downgrade. Still rebuilding after last year’s devastating flooding, the country’s high unemployment rate, corruption and continuing political uncertainty make it the most likely country to default on its debts. Belarus, reliant on Russian philanthropy in the absence of other creditor support to bolster its dwindling reserves and avoid a balance-of-payments crisi...

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