CCN: Cryptocurrency News and Market Updates

How Apple is Preparing for Life After the iPhone [No, not Buying Netflix With the $250 Billion Cash Pile]

With the iPhone contributing more than 60% of Apple’s sales, it will be hard to replace it with another blockbuster product to compensate for the dwindling sales of the …

[Continue Reading...]

Newsflash: Bitcoin Price Hits 40-Day High, is $5,000 Next?

Bitcoin’s February rally just crossed another milestone on Tuesday when the flagship cryptocurrency touched the $4,000 mark for the first time in more than a month. The crypto market …

[Continue Reading...]

The Dow is Surging, But This Legendary Analyst Warns the US Stock Market is on Shaky Footing

The U.S. stock market is seemingly in an ideal position to maintain its newly found momentum and extend its short-term rally throughout the upcoming months. The trade deal with …

[Continue Reading...]

Dow Futures Eye Feeble Open, But is Bitcoin on the Verge of a Historic Recovery?

The US stock market appears doomed to make a weak entry into the week’s first trading session following Monday’s Presidents’ Day holiday, as the Dow and its sister indices …

[Continue Reading...]

Bitcoin Mining Giant Bitmain Reveals $500 Million Loss; End of the IPO Dream?

The world’s largest maker of cryptocurrency mining equipment Bitmain made a $0.5 billion loss in 2018’s Q3, CoinDesk reports. Citing a source who viewed an update that was filed …

[Continue Reading...]

Bernie Sanders is Running for President. He’s the Only One Who Can Beat Trump

Bernie Sanders has officially launched his presidential campaign for 2020. The 77-year-old is now the Democratic front-runner and the only candidate who can realistically beat Donald Trump. Not only …

[Continue Reading...]

Did Pre-IPO Uber ‘Lose’ $1.8 Billion in 2018, Or Aggressively Invest In Its 85% Market Share Dominance?

Uber posted $1.8 billion in losses for 2018, an improvement over its 2017 bottom line, a loss of $2.2 billion. At The Drive Stephen Edelstein says, “That’s bad news …

[Continue Reading...]

$1.3 Million Bitcoin Scam Swindles Victims in Thailand. Are Tougher Crypto Regulations Necessary?

A virtual bitcoin mining farm in Thailand has allegedly scammed users out of 42 million baht (approximately $1.35 million), according to a report in the Bangkok Post. 30 victims …

[Continue Reading...]

Bitcoin Hits Highest Volume in 9 Months: Is Crypto Ready to Take Off After Massive Gains?

In the last 24 hours, the valuation of the crypto market increased by $8 billion as the Bitcoin price neared the crucial $4,000 resistance level. Major crypto assets in …

[Continue Reading...]

Bitcoin Cash Pools: The Majority of Bitcoin SV Blocks Are Mined By ‘Unknown’ [Yes, Really]

Like Bitcoin and Bitcoin Cash, Bitcoin SV has large mining pools, each with a significant share of its SHA-256 hashrate. However, unlike the others, BSV has a nearly 44% …

[Continue Reading...]

Bitcoin Spikes but EOS Skyrockets 25% in 24 Hours; How Far Can It Go?

EOS, the Enterprise Operating System, which was developed by Block One, saw a huge increase, more than double that of Bitcoin by percentage, in the past couple days. The …

[Continue Reading...]

US Sanctions Squeezes Russia’s 3rd Biggest Bank into Freezing Venezuela Oil Firm’s Accounts

Russia’s third-biggest bank by assets Gazprombank has elected to freeze the bank accounts belonging to Venezuelan state oil firm Petróleos de Venezuela, S.A. (PDVSA), Reuters reports. Citing sources, the …

[Continue Reading...]

Crypto Market Round-Up: Another Bitcoin Break Near $4000 or Are The Bulls Rushing the Gate?

Bitcoin is over $3900 globally, though many exchanges still have it trading closer to $3850. Ethereum’s broken beyond $140, might take $150 before the day is through. Bitcoin Cash …

[Continue Reading...]

Former Citi Exec: Crypto Market Cap Still Smaller than Samsung, What’s Preventing Institutions’ Entry?

Hwang Hyeon-cheol, a former Citi and Allianz executive who worked on Wall Street for over two decades, has said that the valuation of the crypto market is still smaller …

[Continue Reading...]

Germany Explores Blockchain Strategy as Bitcoin Wars Heat Up

Germany ― Europe’s largest economy ― may be hopping on the bitcoin bandwagon as it explores how to deploy blockchain across various industries. The German government has launched a consultation …

[Continue Reading...]

Bitcoin Price Breaks Medium-Term Resistance after Surging 8% Near $4,000

The Bitcoin market came back on its bullish track during the February 18’s trading session. The Bitcoin-to-Dollar rate (BTC/USD) on Monday established an intraday high towards 3917, up 8.08% …

[Continue Reading...]

10 Elite Hedge-Fund Managers Made a Jaw-Dropping $7.7 Billion in 2018

According to the inaugural ranking of hedge fund managers by news outlet Bloomberg, the top ten highest-earning hedge fund managers made a mouth-watering $7.7 billion in 2018. James Simmons …

[Continue Reading...]

Yes, Mark Zuckerberg Is a “Digital Gangster” Who Violates Your Privacy, but Here’s Why You Still Won’t Quit Facebook

Lawmakers in the UK have released a damning report on Mark Zuckerberg and Facebook, calling them “digital gangsters.” The report refers to Facebook’s deliberate violation of privacy laws and …

[Continue Reading...]

Put Your Money On Crypto for the Long-Term, Says Major Wealth Manager for Pensions

It’s time institutional whales put their money into cryptocurrency according to major investment management firm Cambridge Associates. IT’S TIME TO ‘BEGIN EXPLORING’ SAYS CAMBRIDGE ASSOCIATES The Boston-based consultancy only …

[Continue Reading...]

Apple [Finally] Realizes its iPhone Problem But Pivot Sees Major New Challenges

Why Nasdaq’s Bitcoin Index is a Bigger Deal Than Most People Realize

Walmart Stock Surges on Blowout Earnings, Dow Ain’t Biting

Donald Trump Just Got Snubbed by UK, Germany in Plan to Block Huawei from Global 5G Domination

‘Twitter is a Disaster’: CNN Expat Unloads after Reporter Exposed Dishing out Wardrobe Advice to Kamala Harris

How Apple is Preparing for Life After the iPhone [No, not Buying Netflix With the $250 Billion Cash Pile]

Newsflash: Bitcoin Price Hits 40-Day High, is $5,000 Next?

The Dow is Surging, But This Legendary Analyst Warns the US Stock Market is on Shaky Footing

Dow Futures Eye Feeble Open, But is Bitcoin on the Verge of a Historic Recovery?

Bitcoin Mining Giant Bitmain Reveals $500 Million Loss; End of the IPO Dream?

Bernie Sanders is Running for President. He’s the Only One Who Can Beat Trump

Did Pre-IPO Uber ‘Lose’ $1.8 Billion in 2018, Or Aggressively Invest In Its 85% Market Share Dominance?

$1.3 Million Bitcoin Scam Swindles Victims in Thailand. Are Tougher Crypto Regulations Necessary?

Bitcoin Hits Highest Volume in 9 Months: Is Crypto Ready to Take Off After Massive Gains?

Bitcoin Cash Pools: The Majority of Bitcoin SV Blocks Are Mined By ‘Unknown’ [Yes, Really]

Bitcoin Spikes but EOS Skyrockets 25% in 24 Hours; How Far Can It Go?

US Sanctions Squeezes Russia’s 3rd Biggest Bank into Freezing Venezuela Oil Firm’s Accounts

Crypto Market Round-Up: Another Bitcoin Break Near $4000 or Are The Bulls Rushing the Gate?

Former Citi Exec: Crypto Market Cap Still Smaller than Samsung, What’s Preventing Institutions’ Entry?

Germany Explores Blockchain Strategy as Bitcoin Wars Heat Up

Bitcoin Price Breaks Medium-Term Resistance after Surging 8% Near $4,000

10 Elite Hedge-Fund Managers Made a Jaw-Dropping $7.7 Billion in 2018

Yes, Mark Zuckerberg Is a “Digital Gangster” Who Violates Your Privacy, but Here’s Why You Still Won’t Quit Facebook

Put Your Money On Crypto for the Long-Term, Says Major Wealth Manager for Pensions