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Overstock Appoints New CEO After Under-fire Byrne Steps Down


American retailer Overstock has confirmed the appointment of Jonathan Johnson as its new interim boss after crypto-keen Patrick Byrne stepped down as CEO and board member on August 22. Shares in the company shot up by 8.31% in the hours after Overstock revealed the news. Byrne stepped into...

Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set


After hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume...

Bitcoin Price Analysis: BTC after Losing 1.5% Falls to $10,600


Bitcoin loses 1.5% in the last 24 hours and falls to 10,600 USD from 10,900 USD. It may soon touch the 1st resistance at 10,933 USD. Bitcoin could not make any significant step forward and over the last 24 hours, it has lost almost 1.5%. It has fallen to 10,600 USD from 10,900 USD in … The...

Shopify All Set to Target E-Commerce Behemoth Amazon After Upstaging eBay


When Amazon had started more than two decades ago as a small online book shop, eBay was the king of the e-commerce industry with its novel auctioning marketplace. Over the years, eBay grew, but eventually, it was Amazon which emerged as the winner. However, e-commerce company Shopify has emerged...

RBI Defends Its Power Over Crypto in Indian Supreme Court


The Indian supreme court heard the case against the crypto banking restriction by the Reserve Bank of India (RBI) in detail Tuesday. After many arguments challenging the RBI’s power over crypto were presented, the counsel for the central bank began making the case against cryptocurrency. Also...

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