Facebook Stock Has Bigger Problems Than That Ugly Earnings Report
Facebook stock imploded after a brutal number in its earnings report. Here’s why FB shares may not recover over the long term.
January 30, 2020 No Comments
Libra
3 Reasons Why the Facebook Bubble is Ripe for a Huge 2020 Burst
Facebook stock performed exceptionally well 2019. But as the bulls grow more euphoric, the stage is set for a big correction in 2020.
January 20, 2020 No Comments
Expect Facebook to Ramp up Lobbying Efforts to Get Libra Cryptocurrency Off the Ground
As Facebook continues in the effort to launch its Libra cryptocurrency, the social media giant is likely to rely more heavily on paid lobbyists and
October 2, 2019 No Comments
Facebook Splashes $1 Billion to Dig Deeper Into Our Brains
Facebook is paying top dollar to gain further infiltration into our inner-workings. As they struggle to gain access to our wallets with the controversial digital
September 24, 2019 No Comments
Is This Facebook’s First Step Towards Replacing the U.S. Dollar With Libra as Global Reserve Currency?
Reports indicate that the U.S. dollar will have the largest representation in the basket of currencies that will underpin Facebook’s forthcoming Libra cryptocurrency, sparking renewed
September 23, 2019 No Comments
66% of Europe Refuse to Use Calibra for Libra Transfers
The results of a cryptocurrency survey conducted by the Dutch banking group, ING, revealed a significant lack of appetite for Facebook’s Libra, and its designated
September 18, 2019 No Comments
Facebook’s Libra Association Shrugs Off Regulatory Concerns, Prepares Launch for 2020
Bertrand Perez, the general director of the Libra Association, has expressed confidence that Facebook’s stablecoin will launch during 2020. Speaking to French publication Les Echos,
September 13, 2019 No Comments
Facebook’s Crypto Libra Isn’t Getting Away With Measly Swiss Payments License
Switzerland’s financial regulator has indicated that Facebook’s cryptocurrency project Libra will be required to meet additional requirements besides getting a payment system license prior to
September 11, 2019 No Comments
EU Antitrust Boss Flags Facebook Crypto Libra for Monopoly Risks
EU regulators are investigating if the Facebook Libra “cryptocurrency” poses a threat to competition by being a potential monopoly. Margrethe Vestager is the outgoing antitrust
September 5, 2019 No Comments
Fred Wilson Disses Ethereum, Brownnoses Libra and Bitcoin
Venture capitalist Fred Wilson is backpedaling after one of his many lame predictions blew up in his face. Again. This time, Wilson dissed Ethereum while
September 4, 2019 No Comments
Amazon’s Secretive Crypto is Facebook Libra’s Biggest Threat: Report
Since Facebook announced the Libra cryptocurrency, a couple of other similar projects have been unveiled with all of them being dubbed potential ‘Libra-killers’. They include
September 3, 2019 No Comments
ECB Exec Rips ‘Cartel-Like’ Facebook Libra in Blistering Takedown
A member of the European Central Bank’s executive board sounded the alarm on the “treacherous, cartel-like” Facebook Libra cryptocurrency. Yves Mersch issued a damning warning
September 2, 2019 No Comments
Erik Finman: My Cryptocurrency Will Kill Libra – and Replace Bitcoin
By CCN.com: Crypto millionaire Erik Finman says bitcoin “is being replaced” by Facebook’s Libra. But he insists that his cryptocurrency, Metal Pay, is the “Libra
August 20, 2019 No Comments
Facebook Contractor Spies on Horrified Moderators. When Does It End?
Facebook released a video last year apologizing for its data misuse that likely swayed the 2016 election. It ends by saying “if this place does
August 17, 2019 No Comments
Tech Billionaire Mark Cuban Doubles Down on Potentially Deadly Libra
Libra is under attack from a big name in the tech world, again. Mark Cuban, the billionaire owner of the Dallas Mavericks and recurring Shark
July 30, 2019 No Comments
Jeremy Allaire’s Circle the Latest to Distance Itself from Facebook’s Libra
Jeremy Allaire’s Circle issued a U.S. dollar-backed stablecoin before stablecoins were cool. Now that Facebook has joined the fray with its Libra coin, which is
July 29, 2019 No Comments
Bitcoin Bull Lou Kerner: Facebook Is Dying and Libra Is Dead on Arrival
Ask not for whom the bell tolls, Facebook. It tolls for thee, says bitcoin bull Lou Kerner. The crypto investor says Facebook is on its
July 29, 2019 No Comments
Facebook’s Libra Could Add Japanese Financial Giant Monex to Crypto Kumbaya
Monex, the Japanese online brokerage that owns the crypto exchange Coincheck, has applied to join the Facebook Libra stablecoin project. The Libra Association will make
July 26, 2019 No Comments
China Can Crush Facebook’s Libra With Its Digital Currency: Huawei CEO
The founder and CEO of Chinese telecommunications giant Huawei, Ren Zhengfei, has dismissed concerns that Facebook’s planned cryptocurrency Libra could dominate the world at the
July 26, 2019 No Comments
Bitcoin Could Reclaim Its Peak, Hit $20,000 by Year-End: Novogratz
Some in the crypto community were left wondering if Michael Novogratz was still bullish on bitcoin after he recently took some bitcoin profits and kicked
July 25, 2019 No Comments
Swiss Privacy Regulator Urges Libra Assoc Not to Ignore Them
Josiah Wilmoth edited this article for CCN – Capital & Celeb News. If you see a breach of our Code of Ethics or find a
July 24, 2019 No Comments
Crypto-friendly Switzerland Outclasses U.S. as Facebook Libra’s Regulator
Switzerland crypto laws have appealed to blockchain enthusiasts for years. Facebook’s head of blockchain, David Marcus, is no exception. He released a statement announcing that
July 21, 2019 No Comments
Equifax to Pay Fine, FTC Lets Another Bad Guy Off the Hook
The Federal Trade Commission (FTC) is coming down on Equifax Inc with the strength of an angry kitten. The credit bureau is reportedly expected to
July 20, 2019 No Comments
Liberal Activists Pressure 27 Libra Partners to Dump Facebook’s Crypto
The knives are really coming out to kill Facebook’s over-hyped Libra crypto project. After being bashed by President Donald Trump and the U.S. Congress, four
July 20, 2019 No Comments
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
July 18, 2019 No Comments
Fund Manager: US Might Have Already Lost Crypto Innovation Race
As U.S. lawmakers wrestle with what to do with Facebook’s Libra, they are being forced to confront another digital currency that they’ve been trying to
July 17, 2019 No Comments
Bitcoin ETF Can Bolster US Economy for Next Decade: VanEck
The SEC should approve a bitcoin ETF soon because it could be a major driver of the U.S. economy for the next decade. That’s the
July 16, 2019 No Comments
Watch: Facebook’s Crypto Chief Suffers Brutal Senate Backlash
The US Senate Committee on Banking, Housing, and Urban Affairs held a hearing on Facebook’s Libra project this morning, with Facebook crypto chief David Marcus
July 16, 2019 No Comments
Blockstack CEO ‘Cautiously Optimistic’ About Facebook’s Libra
Blockstack is having a big day today, launching the world’s maiden regulated token sale. So far, the deal appears to be a resounding success, with
July 11, 2019 No Comments
ECB Policymaker Looks to Hasten Crypto Rules amid Facebook’s Libra
In light of Facebook’s upcoming Libra coin, European Central Bank (ECB) Executive Board Member Benoit Coeure is reportedly urging financial regulators to create a viable
July 7, 2019 No Comments
Facebook Crypto Libra’s Leader Responds to Concerns and Misunderstandings
In a responsive blog post on Wednesday, David Marcus, head of Facebook’s financial blockchain project ‘Libra’, covered a range of subjects including responding to sweeping
July 4, 2019 No Comments
Facebook’s Social Media Platforms Crash. Will Libra Be Different?
A few hours ago, the internet’s top social networks suffered a crash that kept users from sharing photos, videos, and similar files. Almost simultaneously, Facebook,
July 3, 2019 No Comments
U.S. Can’t Ban Bitcoin Because It’s Free Speech: Abra CEO
The United States government can’t ban bitcoin because the original cryptocurrency is free speech that’s protected under the Constitution. That’s the opinion of Bill Barhydt,
July 3, 2019 No Comments
BitMEX CEO Rips Bitcoin ‘Hater’ Roubini, Praises Facebook’s Libra
Bitcoin archnemesis Nouriel Roubini is a “no-coiner hater” who’s upset that he didn’t buy crypto sooner. That’s the opinion of Arthur Hayes, the CEO of
July 2, 2019 No Comments
Russia Won’t Ban Facebook’s Libra After All, Hints Full Crypto Regulation
According to local reports, Russia will not go out of its way to ban Libra, a crypto asset created by the Libra Association, an international
July 2, 2019 No Comments
Facebook Exec Takes Fall for Libra Name, Denies Copying Winklevosses
It’s deja vu all over again. Facebook executive David Marcus is taking the blame for Libra, saying it was him, not his boss Mark Zuckerberg,
June 28, 2019 No Comments
Bitcoin Price Bull Rally is Fugazi and Won’t Last, Claims Crypto Skeptic
The bitcoin price is soaring this week, but don’t expect the rally to last because the original cryptocurrency is fugazi and “fundamentally flawed.” That’s the
June 26, 2019 No Comments
‘Bitcoin Billionaires’ Author: Zuck Is Trolling Winklevoss Twins with Libra
Ben Mezrich, the author of the Winklevoss-twins inspired “Bitcoin Billionaires,” is calling out Mark Zuckerberg on Libra. In an interview with CNBC, Mezrich, who was
June 25, 2019 No Comments
Susquehanna’s Bart Smith: Bitcoin Price Spike Not Driven by Libra
There’s no shortage of catalysts behind bitcoin’s weekend rally beyond $11,200. Institutional capital is at long last entering, the bitcoin supply halving event is nearing,
June 24, 2019 No Comments
Facebook’s Crypto Wallet ‘Calibra’ is Coming to WhatsApp in 2020
By CCN.com: The whitepaper of Libra, a crypto asset created by a non-profit organization in Libra Association led by Facebook has been formally released, disclosing
June 18, 2019 No Comments
Binance CFO Rips Facebook’s ‘Closed Blockchain Ecosystem’ Under Megalomaniac Zuck
By CCN.com: Facebook CEO Mark Zuckerberg is a megalomaniac who’s launching blockchain and cryptocurrency projects in order to squeeze crypto companies out of the dominance
April 26, 2019 No Comments