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Wall Street Wonder Warns of Growth-Pocalypse, Looming Recession

By CCN: Stocks in some sectors are teetering on the brink of a bear market, and one Wall Street veteran believes it’s going to get worse. Mark Yusko, who is at the helm of Morgan Creek Capital Management, says that… Continue Reading →

Jeremy Allaire’s Circle Lays Off 10% of Staff amid Prickly US Regulation

By CCN: Bitcoin has been booming lately, but Circle, the parent company of crypto exchange Poloniex, announced yesterday afternoon that about 30 employees are leaving as part of “organizational changes.” Circle CEO Jeremy Allaire cited an increasingly burdensome regulatory environment… Continue Reading →

Dinosaur Disney Might Disrupt Trendy Netflix Out of Business: Forbes

By CCN: Forbes writer Stephen McBride believes that Netflix’s days are numbered. Disney+ will soon be entering the already-crowded streaming market, and Netflix will subsequently lose most of its best content for a substantial market: kids and families. Come for… Continue Reading →

It’s Bitcoin Pizza Day: Here’s How You Can Buy a Pie with Crypto

By CCN: Nine years ago today, Laszlo Hanyecz, an early adopter of Bitcoin, offered 10,000 BTC for two pizzas. He was taken up on that offer and recently told Bitcoin Magazine that he spent as much as 100,000 BTC on… Continue Reading →

Crypto Bull Brian Kelly: Bitcoin Miners are Hoarding, Demand Is Rising

By CCN: Now that the bitcoin price is holding at the $8,000 level, investors are anxiously awaiting what comes next. Bitcoin’s value has expanded by 50% over the last 30 days, but the bulls are currently taking a breather and… Continue Reading →

Tesla’s Stock Crashes as Wall Street Predicts Armageddon

By CCN: Tesla’s stock is down another 6% today, the sixth consecutive session TSLA shares have fallen. It is now down 40% year-to-date. Tesla Car Price and Stock Price Are Both Falling Tesla’s stock is getting hammered today because of… Continue Reading →

Japan Targets Bitcoin Exchanges for Money Laundering as G20 Looms

By CCN: Japan’s financial regulators are considering enacting new rules aimed at bitcoin exchanges as it steps up anti-money laundering countermeasures. This issue will also be raised at the forthcoming G20 Summit, which takes place in Osaka on June 28… Continue Reading →

Jussie Smollett Haunted by Scandal as Ex-Judge Targets Fallen Empire Star

By CCN: Oh, Jussie Smollett. Once again you are back in the headlines. If it’s fame you wanted, you certainly got it, but it’s probably not the fame you were dreaming about when you risked your career to perpetuate what… Continue Reading →

Ice-T Trashes Amazon After Delivery Almost Ends in Tragic Shooting

By CCN: Musician, rapper, songwriter, actor, record producer, and author Ice-T fired off a savage tweet at Amazon, not-so-kindly suggesting that Amazon delivery people should wear garments clearly identifying themselves as such. The company’s abject failure to require this basic… Continue Reading →

Bitcoin Price Roars Loud But Could Quickly Unravel to 30% Plunge: Analyst

By CCN: Josh Rager, a cryptocurrency trader and technical analyst, expects a healthy pullback for bitcoin based on the historical performance of the asset in the past three years. Since 2016, the bitcoin price has tended to correct by 30… Continue Reading →

Dow Sinks 100 Points Even After Deflated Fed Hawks Suffer Brutal Defeat

By CCN: The Dow and broader U.S. stock market extended losses Wednesday after the minutes of the latest Federal Reserve policy meeting seemed to confirm that interest rates will remain on hold for the foreseeable future, thrusting the warnings of… Continue Reading →

Fuming Craig Wright Demands Podcaster Tell Court He Created Bitcoin

By CCN: We previously reported on Craig Wright’s legal actions against Peter McCormack, host of the What Bitcoin Did podcast. Wright claims McCormack engaged in libel by calling him a “fraud” for claiming to be Satoshi Nakamoto. McCormack has received… Continue Reading →

Why Litecoin Will Skyrocket 140% in Less Than 3 Months & Hit $220

By CCN: The Litecoin price has enjoyed a breakneck bull run in 2019, launching the cryptocurrency nearly 200 percent higher in less than six months. But while cautious investors might be tempted to take their profits and run, a crucial… Continue Reading →

This Painfully Boring CNBC Crypto Debate Is Bullish as Hell for Bitcoin

By CCN: If you’re looking for reasons behind bitcoin’s recent price surge, this video tells the whole story. Because it’s so completely dull. Has bitcoin gone too far, too fast? Here's how two traders are thinking about bitcoin futures. via… Continue Reading →

Dow Cringes as Xi Jinping Ominously Sparks Fears of Economic Cold War

By CCN: The Dow lurched back into decline on Wednesday after Chinese President Xi Jinping amped up the trade war rhetoric in an ominous speech that suggested that Beijing could not only permanently freeze negotiations with the Trump administration but… Continue Reading →

Twitter CEO Dorsey: Square Crypto Begins ‘Inevitable’ Bitcoin Mass Adoption

By CCN: Square, the $32.7 billion mobile payment company founded by Twitter’s Jack Dorsey, is one step closer to launching its long-awaited crypto project. The company claimed last night that bitcoin mass adoption is “inevitable” and it is close to… Continue Reading →

Bitcoin Bull’s $800,000 Tax Bill Due as Israeli Court Rules Crypto is ‘Property’

By CCN: An Israeli court has ruled that Bitcoin is not a currency but rather an asset. This was in a case brought forth by Noam Copel, a blockchain entrepreneur, according to business publication Globes. The ruling means that Copel… Continue Reading →

Turkey’s Collapsing Currency Will Drive Investors to Bitcoin, Says Max Keiser

By CCN: Bitcoin bull Max Keiser has hinted that as Turkey’s economy worsens, Turks could turn to Bitcoin as a hedge. In a tweet, Keiser said that Bitcoin ‘will become a factor for Turks as hard money becomes hard to… Continue Reading →

Dutch Crypto Conman Scams Dozens in $2.2 Million Bitcoin Mining Fraud

By CCN: Authorities in the Netherlands have arrested a suspect who allegedly operated a bitcoin mining investment scam, according to Dutch daily De Gelrderlander. The fraudulent scheme which was reportedly started in 2017 earned the man named Berry van Mourik… Continue Reading →

Russia’s KGB Successor Warns Terrorists are Turning to Cryptocurrencies

By CCN: Terrorist organizations getting support in the form of cryptocurrency are becoming the norm, according to Russia’s FSB director Alexander Bortnikov. As per local news portal RBC, citing media agency Tass, the chief of Russia’s Federal Security Service (the… Continue Reading →

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