Author: Admin
Bitcoin Price Jumps $1,000 in Sudden Spike Beyond $10,000; What’s Next?
On July 18, the bitcoin price experienced an abrupt surge from around $9,300 to $10,500 as the crypto market rebounded, rising by well over $1,000 within minutes, as CCN reported. Following the sudden upside movement, technical analysts still generally remain cautiously bearish towards the short term trend of the dominant crypto asset due to its…
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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 has a stigma attached to it thanks to the shellacking that Congress gave…
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Altcoins Back on the Rise With Litecoin Leading the Charge
The crypto markets are once again back on the rise with litecoin ( LTC) leading the way in the top 10 cryptocurrencies at CoinMarketCap. The price of bitcoin ( BTC) jumped by more than $1,000 in the expanse of 30 minutes yesterday, with the rest of the market following suit, rising between 5-20 percent, while Litecoin ( LTC) outperformed…
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Ethereum Price (ETH) Breaks $220 While Bitcoin Rallied 10%
ETH price started an upside correction and traded above the $210 resistance against the US Dollar. The price gained traction above the $220 level and even traded close to the $230 level. This week’s followed key bearish trend line is acting as resistance near $230 on the hourly chart of ETH/USD (data feed via Kraken).…
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Bitcoin Volatility Surges Since February of 2019; Is Another Big Move Imminent?
There’s no question that the past several months have been a wild ride for Bitcoin and the aggregated crypto markets, with BTC surging from 2019 lows of roughly $3,400 to highs of $13,800, which has proven to be a strong level of resistance in the time since. This meteoric rise, and subsequent drop, has marked…
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Area 51 Aliens Had Nothing to Do with Anheuser-Busch’s Planned Asset Sales
Anheuser-Busch InBev appears to be considering a sale of some of its assets following its decision to call off the IPO of its Asian business. The decision comes on the heels of scraping its Asia IPO. Still, Anheuser-Busch hasn’t lost its sense of humor. Rather than dwell on the IPO loss, it instead decided to…
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Warren Buffett Crypto Power Lunch Adds Circle CEO Jeremy Allaire
The highly-anticipated Crypto Power Lunch between billionaire bitcoin skeptic Warren Buffett and Tron CEO Justin Sun has expanded to include Circle CEO Jeremy Allaire. Sun invited Allaire to his July 25 lunch on Twitter, and Allaire cheerfully accepted. “Hi Justin, I would be honored to join you and Warren Buffett next week to discuss crypto!!…
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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 Valuation Loss The miss freaked out Netflix investors, lopping $17 billion off Netflix’s still-insane valuation of…
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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 movement after enlisting Colin Kaepernick to be the face of its 2018 “Just Do…
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Bitcoin Suddenly Surges Past $10,000 as Bear Trend Dies; Factors & Trends
The crypto markets were taken aback earlier today when Bitcoin’s bulls stepped up and led BTC to surge over $1,000 in a mere matter of minutes, which marked a significant change of tides for the cryptocurrency – which has been facing consistent selling pressure over the past several days and weeks. Now, analysts are noting…
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