Trying to Build a ‘Better Bitcoin’ is as Pointless as Creating a ‘Better’ Google Search: Wes Messamore
By CCN.com: MIT researchers have designed a new cryptocurrency, Vault, to make it easier for new users to join the network by reducing the bandwidth for starting a new node by 99% over Bitcoin. Shocker (Not): New Cryptocurrency Claims to be Better than Bitcoi…
Why Hedge Fund Titan Ray Dalio Says the US Stock Market is Lurching Toward Recession: Melanie Kramer
By CCN.com: Ray Dalio, the investment chief at the $160 billion Bridgewater hedge fund, joins other money titans and economic experts in warning that a recession looms on the horizon, threatening to wipe out the US stock market. Others still disagree. Dalio D…
Exclusive: Markets Will Take Time to Digest 2018 ‘Crypto Meltdown’, Says Former Morgan Stanley MD: Christina Comben
By CCN.com: Patrick Springer spent 20 years working for Morgan Stanley as an investment specialist. Specifically, his job was to help institutional investors make informed decisions in global equity markets. Now, despite the bitcoin market meltdown, he’s flun…
235 DApps and $3.5 Billion in Transactions: Prominent Crypto Investor Sees EOS [and TRON] ‘Crushing it’: Joseph Young
By CCN.com: Brock Pierce, a co-founder of Blockchain Capital, a major venture capital firm that focuses on the crypto sector, has said that EOS and TRON are thriving based on the number of decentralized applications (DApps) and active users on the two smart c…
Ripple’s Cryptocurrency Sales Plunged by Nearly 25% Last Quarter: P. H. Madore
By CCN.com: Ripple released its fourth-quarter markets report this week. One thing is clear: the bear market is affecting Ripple as much as anyone else. Total sales of XRP from the company amounted to around $129 million versus the previous quarter, which saw…
Op-ed: Would a Global Recession be Good for Bitcoin?: P. H. Madore
By CCN.com: There is a belief among some in the cryptosphere that a global recession or cataclysmic events are bound to imbue the populace with a sudden desire for cryptocurrencies. To frame this accurately, we have to assess the various factors at play. In o…
JPMorgan Takes Another Shot at Bitcoin, Claims Mining Isn’t Worth the Value of the Cryptocurrency: Mark Emem
By CCN.com: A report by JPMorgan suggests that for over four weeks during the fourth quarter, bitcoin’s market price was lower than its mining costs on average. According to the JPMorgan analysts, the cost of mining bitcoin during Q4 was averaging about $4,06…
Exclusive: $630 Million Cryptocurrency Dash Releases ‘Biggest Upgrade’ Since Governance System: Christina Comben
By CCN.com: The Dash community has been banging its head against a wall for a while now. As its developers ramp up infrastructure to make mass adoption easier, it loses users in the process. Dash dropped from a number seven crypto in 2017 to 15th place over t…
Donald Trump Initiated the Dumbest, Most Scripted, Fake Government Shutdown In History: Wes Messamore
By CCN.com: Friday Donald Trump announced the government would reopen for three weeks, giving federal employees a reprieve from the month-long government shutdown, which has been the longest in history. It may be that the federal government’s credibility has …
Piece of Cake: Cryptocurrency ATM Stolen in Bakery Break-In: Alan Wass
By CCN.com: Crypto thieves have shown that theft can sometimes be a piece of cake. Taking the phrase “get the dough” to the next level, a cryptocurrency ATM machine was audaciously jacked from a bakery in California last week. The theft took place at the Belw…
At Last, Traders Expect High Volatility as Bitcoin Breaks $3,600: Good Start to February?: Joseph Young
By CCN.com: In the last 48 hours, despite the withdrawal of the Chicago Board Options Exchange (CBOE) and VanEck Bitcoin exchange-traded fund (ETF), the Bitcoin price has increased from $3,511 to $3,657 by nearly two percent. Although the lack of a major pric…
Leaked Crypto Exchange User KYC Data Doesn’t Affect Our Accounts: Binance: Francisco Memoria
By CCN: Binance, the world’s leading cryptocurrency exchange, has recently put out a statement claiming that the leaked cryptocurrency exchange user know-your-customer (KYC) data isn’t from its users, as it uses digital watermarks on every user picture it col…
Bitcoin Troll Rips Crypto at Davos: ‘Overhyped’ Blockchain is ‘No Better Than Excel Spreadsheet’: Samantha Chang
By CCN.com: Bitcoin and cryptocurrencies are the mother and father of all bubbles, and blockchain is nothing more than a “fancy database.” That’s what bitcoin-bashing New York University professor Nouriel Roubini said at the 2019 Blockchain Economic Forum in …
IBM Smashes Analyst Estimates, But Can it Catch Cloud Rivals Amazon & Google?: Tedra DeSue
By CCN.com: Remember when IBM was the technology trailblazer? It seemed every innovation out of Big Blue took off, leaving any other company that dared to compete in the dust. Well, the tables have turned. No longer is IBM the standout in the technology space…
Bitcoin Price Clings to Interim Support While Litecoin Puts Stellar Back in its Place: P. H. Madore
By CCN.com: The 24-hour period didn’t see much ultimate change in the Bitcoin price or the other few top cryptocurrencies. Litecoin overtook Stellar, however, following a rebranding earlier this week. Bitcoin Price Poised for a Breakout?: As noted by technica…
Pot Stocks Shoot Higher as Analyst Raises Canopy Growth Target by 50%: Melanie Kramer
By CCN.com: Piper Jaffray has raised its price target on Canopy Growth shares from $40 to $60, sending Canopy and other cannabis-related stocks upwards. The analyst says Canopy Growth’s step into the US makes them “bullish” on the potential of the stock. The …
Bitcoin Valuable in a Dystopia, But Not Anywhere Else: JP Morgan Analyst: Josiah Wilmoth
By CCN.com: Contrary to statements from its cryptocurrency-bashing CEO Jamie Dimon, JP Morgan has finally admitted that bitcoin has value, albeit in the unlikely event that the world descends into a “Bird Box”-style dystopia. If ‘Bird Box’ Comes True, JP Morg…
Not Quite Robocop, But This California Police Department is Rocking a Tesla Model S: David Hundeyin
By CCN.com: The Fremont Police Department has announced that it is launching a pilot program to use electric vehicles to reduce carbon emissions while patrolling the sunny California locality, and it’s turning to hometown company Tesla for help. Tesla: Coming…
Venezuela Gives Maduro the Boot, Will This be the End of His Petro Cryptocurrency?: Tedra DeSue
By CCN.com: The world is watching complete chaos in Venezuela, which remains in dire financial straits. Crypto investors who steered clear of the Petro offering peddled by the country’s president should be breathing a sigh of relief. Venezuela’s President Nic…
Breaking: Government Shutdown Over? President Trump to Face the Nation at 1:00 pm: Sam Bourgi
After 35 days, the U.S. partial government shutdown may be finally coming to an end. According to the Drudge Report, President Donald Trump is planning to hold a press conference at 1:00 pm ET to elaborate on the details. Temporary Reprieve A new funding agre…
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