Category : Bitcoin

Netflix Loses $17 Billion in Value; That’s $135K Per Lost Subscriber

Netflix reported its first decline in U.S. subscribers in more than eight years yesterday, losing 126,000 subscribers while analysts were expecting an increase of 350,000. The stock tanked by more than 10 percent today. Big Subscriber Loss = Big Valu...

Nike’s Kaepernick Bet Lands an Emmy Nod, but Will It Pay with Investors?

Many Americans and consumers were mystified by Nike’s embrace of the political lightning rod that is the former NFL quarterback Colin Kaepernick. Yet it appears that just as many were delighted by it. Nike Goes Full-on SJW Nike embraced the SJW movem...

Jeff Bezos Should Be at the Wheel of Libra: ‘Bitcoin Billionaires’ Author

The writing is on the wall that Mark Zuckerberg has completely botched the planned Libra rollout. Even if the digital currency ever sees the light of day, it’s not likely to be within Facebook’s own timetable of 2020. And the coin already...

Bitcoin Price Surges by 9 Percent in Minutes. What Triggered the Move?

On June 18, within minutes, the bitcoin price climbed from $9,300 to over $10,500 across major crypto exchanges, triggering the entire market to recover swiftly. Analysts have generally attributed the abrupt surge in the bitcoin price to the o...

Trump Racist Tweets and My Theory of De-Evolution

Let’s examine Donald trumps racist tweets in this video and watch Will’s crazy theory on De-Evolution. Make sure to subscribe CCNMarkets on Youtube: CCN Markets The post Trump Racist Tweets and My Theory of De-Evolution appeared first on CCN Ma...

Dow Suffers 3rd Loss in a Row as ‘Phony’ Buyback Rally Stalls

The Dow and broader U.S. stock market traded mixed on Thursday, as disappointing corporate earnings and sliding oil prices dragged on investor sentiment. Dow & Nasdaq Extend Slumps Wall Street’s major indexes traded lower for most of...

Dow Avoids Third Loss in a Row as ‘Phony’ Buyback Rally Continues

The Dow and broader U.S. stock market reversed losses on Thursday even as disappointing corporate earnings and sliding oil prices dragged on investor sentiment. Dow Pares Losses; S&P 500, Nasdaq Advance Wall Street’s major indexes tr...

Netflix Bubble Bursts and These 3 Tech Stocks Could Be Next

Netflix stock plummeted 11% out of the gate despite posting better-than-expected earnings in Q2. The reason? A colossal miss in subscriber growth, the lifeblood of the debt-ridden media giant. Now that Wall Street appears to be waking up to overvalua...

Why Didn’t Facebook Just Build Libra on Ethereum?

People may wonder why Facebook has chosen to build their Libra blockchain network from scratch, rather than building on an existing giant like Ethereum, EOS, or even – as was rumored – Stellar. The answer is simple and sophisticated at th...

Market Outlook: Crypto Bulls Rally After Bearish Downturn

Since July 13, digital currency prices have dropped in value significantly, but most coins have since experienced some recovery. While many crypto supporters are optimistic on where the markets are headed, traders and analysts have noticed a bullish-...

Ethereum Dumps Over 40 Percent But Uptrend Remains Intact

The sentiment around Ethereum has shifted from ultra bullish to bearish in less than a month. On June 26, investors were extremely bullish as the No. 2 cryptocurrency as its price rose from a 2018-bottom of $83 to the 2019-high of $363.30. That’s a m...

CEO of Libra backer eBay says the planned digital coin is a gamble, but the payoff is worth it

"We are sponsors of this, in part, because crypto and blockchain in particular have great promise," says eBay chief Devin Wenig.

Bitcoin Cash Maximalist Joins ‘Blockchain-Agnostic’ Crypto Wallet Project

Although Bitcoin.com CEO Roger Ver left the Bitcoin community to help establish Bitcoin Cash, he still considers himself a Bitcoin maximalist. His preferred vision of Bitcoin has larger blocks and smaller fees, all to ensure that the cryptocurrency b...

Watch: Congress Slaps Facebook’s Libra, Sings Bitcoin’s Praises

Members of Congress were much more demanding of Facebook blockchain chief David Marcus than were Senators the day prior with both Libra and Bitcoin being spoken about. Facebook’s foray into the radical new world of decentralized ledges has arou...

Ron Insana: Digitize the dollar faster and end the frenzy for fake money

The world doesn't need a new currency, crypto, or otherwise, to replace the U.S. dollar, Ron Insana says.