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Crypto bull and 2020 presidential candidate John McAfee claimed in a tweet Friday that the CIA has attempted “to collect” him and his wife Janice Dyson at sea. The tweet included a photo of McAfee and Dyson flexing some fire power. It appeared to be warning to the authorities McAfee says are hot on his […]
The post Eccentric Crypto Rebel John McAfee Says the CIA is Chasing Him appeared first on CCN Markets
It’s a tough day to be trading crypto, it seems, with at least one Bitcoin trader comparing the $ 185 billion cryptocurrency’s price charts to a “penny stock.” Garbage trading right now. Scalped a few profitable trades but it’s mostly just whales pumping and dumping. Neutral for now, but death cross on 4 hour looming. Order […]
The post Disgusted Bitcoin Trader Says Price Charts Mimic an Ugly ‘Penny Stock’ appeared first on CCN Markets
Former CFTC Chairman Gary Gensler believes Facebook’s Libra looks – and should be regulated like – a security.
CoinDesk
One of Donald Trump’s top allies in Congress has diverged from the president on what has suddenly become one of the federal government’s top priorities: bitcoin. Kevin McCarthy Is a Bitcoin Fan House Minority Leader Kevin McCarthy told CNBC that unlike Trump, he is a fan of the flagship cryptocurrency and the security of blockchain […]
The post Breaking: Top GOP Congressman Defies Trump, Says ‘I Like Bitcoin’ appeared first on CCN Markets
President Donald Trump weighed in on bitcoin on Thursday, and let his feelings be known in characteristically clear terms: I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and […]
The post Trump Says Bitcoin is Dumb. He’s 100% Right. appeared first on CCN Markets
Jeremy Siegel, a normally astute finance professor from the University of Pennsylvania, told CNBC that he thinks the stock market has another 5 percent to 6 percent upside to reach fair value. He’s out of his mind. “I think fair market value does give us another 5%, 6% this year, but we may go up […]
The post Finance Professor Says Stock Market Is Cheap. Here’s Why He’s Wrong appeared first on CCN Markets
One of the thirty stocks that make up the Dow Jones Industrial Average suddenly found itself under pressure on Friday after the Justice Department accused it of lying about cancer risks associated with one of its products. Johnson & Johnson Stock Dives 5% Shares of Johnson & Johnson entered a freefall after Bloomberg reported that […]
The post Dow Stock Suddenly Plunges After DOJ Says It Lied About Cancer Threat appeared first on CCN Markets
President Donald Trump just tweeted about bitcoin, Libra, and cryptocurrency for the first time ever. It’s the most high-profile mention cryptocurrency has ever received. He’s not a fan: I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto […]
The post Breaking: Donald Trump Bashes Crypto, Says He's No Fan of Bitcoin appeared first on CCN Markets
John McAfee doesn’t want you to associate him with his eponymous antivirus software company. In a recent tweet, he asked the public to stop blaming him for McAfee antivirus software problems. He reminded followers that he hasn’t been part of the company he built for the past 20 years. The gentle reminder, which was in […]
The post John McAfee Says 'Don't Blame Me' Just as Old Company Readies IPO appeared first on CCN Markets
Bitcoin is rallying once again after suffering a small stutter in the final week of June. The price of the flagship cryptocurrency is hovering around the $ 13,000 mark once again, and not surprisingly, the bulls are out in full force with their big bitcoin price predictions. Bitcoin permabull Anthony Pompliano told Yahoo! Finance’s The Ticker […]
The post Bitcoin Price Will Smash $ 100,000 by 2021 Thanks to Facebook, Says Fund Manager appeared first on CCN Markets
White House Trade Adviser Peter Navarro told CNBC that the Dow Jones Industrial Average could hit 30,000 if a couple of factors come to pass. He said: “The two things that really have to happen in the short run to get us Dow 30,000, and above are going to be passing the U.S., Mexico and […]
The post Trump Trade Adviser Says Two Catalysts Could Send the Dow to 30,000 appeared first on CCN Markets
President Trump and Big Tech have had a contentious relationship, and it isn’t getting any better in time for the 2020 election. In an interview with Tucker Carlson on Fox News, Trump called out tech leaders including Google, Facebook, Twitter, and Amazon, saying that these companies are “fighting me hard right now.” He is quick […]
The post Donald Trump Says Big Tech Is Not Treating Him Right But He’ll Still Win appeared first on CCN Markets
In its latest report entitled “Five Facts on Fintech,” the International Monetary Fund (IMF) said that based on its research, countries generally foresee the emergence of crypto assets backed by central banks. The study, which surveyed central banks, finance ministries, and other government agencies in 189 countries, explicitly stated that central bank-backed crypto assets are […]
The post IMF Says Central Bank-Backed Crypto ‘Could Become Reality’ appeared first on CCN Markets
Mark Zuckerberg provided some rare commentary on Facebook’s new Libra cryptocurrency project. CNBC’s Fast Money posted the soundbite to Twitter: “Building a financial system is not the kind of thing that a company can do by itself. So we played a role in helping to stand this up. But the Libra Association is an independent […]
The post Mark Zuckerberg Defends Libra, Says Facebook Only Has One Vote appeared first on CCN Markets
Netflix announced on Tuesday that NBC would not extend its licensing agreement for the hit comedy “The Office” beyond January 2021. NFLX stock shed about 3 percent on the day. Why is this move significant for Netflix? It all comes down to competition, and ultimately, the company’s economics. Licensing on Its Way Out When Netflix […]
The post Netflix Says to Binge-Watch The Office as NBC Takes Show Back appeared first on CCN Markets
By CCN Markets: Forbes caught a comment by Ripple CEO Brad Garlinghouse at the 2019 Brainstorm Finance Conference, sponsored by Fortune magazine. While pointing out that he thinks a variety of coins will thrive in the future, Garlinghouse admitted that he is long on bitcoin. “I don’t think that there will be one crypto to rule them all. I own bitcoin and am long bitcoin.” Thanks to @CliftonLeaf – great conversation about the big week and what it means for the industry moving forward! https://t.co/w16pHQfwIC — Brad Garlinghouse (@bgarlinghouse) June 20, 2019 Bulls Running Loose Makes Long Positions Easy Being
Italy has had its share of economic problems in the past decade and a growing number of its citizens blame the euro for their country’s misfortunes. Italians, many of whom still prefer to use cash, are now turning their attention to cryptocurrencies such as BCH. Federico Pecoraro, the CEO of Chainblock, one of the first crypto companies in the country, thinks it’s the right time to enable more people and businesses to benefit from using decentralized money. He considers bitcoin cash a good candidate to become the world’s digital coin for daily spending.
By CCN Markets: Facebook has too much power to engage with a cryptocurrency, a United States senator has warned, days after the social media giant launched Libra. Sherrod Brown, a Democratic senator from Ohio, told Bloomberg TV that the public has increasing concerns around the social network. Facebook is too big and too powerful. I don’t know that people would have said that two or three or five years ago, but the public increasingly believes they’re too big and too powerful, particularly to engage in a risky cryptocurrency. Running a cryptocurrency system out of a Swiss bank is a big
Tyler Winklevoss, the co-founder of crypto exchange Gemini and notable Bitcoin (BTC) billionaire, recently delivered a lofty price prediction for the leading digital currency. In a tweet posted on Wednesday, Winklevoss emphasized that if Bitcoin breaks the psychological resistance at $ 10,000, it will definitely move on to break $ 15,000. If bitcoin breaks 10k, you can […]
SludgeFeed
By CCN Markets: Facebook confirmed that its new cryptocurrency Libra isn’t designed to kill or compete with bitcoin. David Marcus, the man leading Facebook’s crypto efforts, said Libra and bitcoin can co-exist with differing use cases and that’s he a big fan of BTC. In a tweet yesterday, he explained that Libra is designed to be a stable payment system. On the other hand, Bitcoin, he believes, is a store of value or a non-correlated asset, playing into the ‘digital gold’ narrative. “Many want to pit Libra vs. Bitcoin. In my mind these two are not in the same category.
