Search

The petro - Venezuela's government-issued cryptocurrency - launches today

THE PETRO - VENEZUELA'S GOVERNMENT-ISSUED CRYPTOCURRENCY - LAUNCHES TODAY

Pre-sale for the petro, a cryptocurrency issued by the Venezuelan government starts on Tuesday. The cryptocurrency, first mooted in...

Elliott Management, a $34 billion hedge fund, described cryptocurrencies as ‘one of the most brilliant scams in history' in a brutal takedown

ELLIOTT MANAGEMENT, A $34 BILLION HEDGE FUND, DESCRIBED CRYPTOCURRENCIES AS ‘ONE OF THE MOST BRILLIANT SCAMS IN HISTORY' IN A BRUTAL TAKEDOWN

Elliott Management, a $34 billion hedge fund, told clients that cryptocurrencies will likely one day be described "as one of the most...

 
 
 
Ethereum founder warns cryptocurrencies ‘could drop to near-zero at any time'

ETHEREUM FOUNDER WARNS CRYPTOCURRENCIES ‘COULD DROP TO NEAR-ZERO AT ANY TIME'

Virtual currencies are still a newcomer class in the world of assets and could drastically fall at any time, according to the founder...

Big Implications For The U.S. Dollar's Breakdown Against The Yen

BIG IMPLICATIONS FOR THE U.S. DOLLAR'S BREAKDOWN AGAINST THE YEN

From Chris Kimble : Is King Dollar in trouble against the Japanese Yen? Could US dollar/Yen weakness send an concerning message to...

 
 
 
Here's a definitive guide to the state of each business on Wall Street, which is coming off a ghastly year

HERE'S A DEFINITIVE GUIDE TO THE STATE OF EACH BUSINESS ON WALL STREET, WHICH IS COMING OFF A GHASTLY YEAR

Wall Street investment banks had a rough 2017 as revenues slid to $150.4 billion - the lowest level since 2008. Struggles in trading...

The US's leading Bitcoin exchange is draining tens of thousands of dollars from users' bank accounts

THE US'S LEADING BITCOIN EXCHANGE IS DRAINING TENS OF THOUSANDS OF DOLLARS FROM USERS' BANK ACCOUNTS

Coinbase, the leading US crypto-currency exchange, has a problem. According to dozens of reports on Reddit and Twitter , the company...

 
 
 
Algorand Nabs $4M for Blockchain Aiming to Avoid Bitcoin's Flaws

ALGORAND NABS $4M FOR BLOCKCHAIN AIMING TO AVOID BITCOIN'S FLAWS

A new startup out of MIT called Algorand has raised $4 million from investors to help it launch a blockchain-based system that the...

Ripple CEO: Most cryptocurrencies will go to $0

RIPPLE CEO: MOST CRYPTOCURRENCIES WILL GO TO $0

Ripple CEO Brad Garlinghouse, the man behind the hot XRP token, said he expects 'most' cryptocurrencies will eventually go to zero. Speaking...

 
 
 
Arizona Could Allow Tax Payments In Bitcoin

ARIZONA COULD ALLOW TAX PAYMENTS IN BITCOIN

Bitcoin is one of the most popular digital currencies in the world and while it's a long way from completely replacing the real currencies...

A $470 billion investment chief at JPMorgan tells us the one thing that could turn a healthy market correction into a deeper slump

A $470 BILLION INVESTMENT CHIEF AT JPMORGAN TELLS US THE ONE THING THAT COULD TURN A HEALTHY MARKET CORRECTION INTO A DEEPER SLUMP

Bob Michele, chief investment officer for fixed income, currencies and commodities at JPMorgan Asset Management, tells Business Insider...

 
 
 
Bill Gates thinks Trump's 'America First' stance is damaging to the world

BILL GATES THINKS TRUMP'S 'AMERICA FIRST' STANCE IS DAMAGING TO THE WORLD

Reuters In his annual letter, Bill Gates writes that Trump's "America First" worldview concerns him. Trump's cuts to foreign aid are...

Ripple XRP is above $1 for the first time since January

RIPPLE XRP IS ABOVE $1 FOR THE FIRST TIME SINCE JANUARY

Ripple's XRP cryptocurrency is above $1 for the first time since January. The token is up 7% in the last 24 hours after Ripple said...

 
 
 
Adult content domains are home to half the sites using crypto-mining malware

ADULT CONTENT DOMAINS ARE HOME TO HALF THE SITES USING CRYPTO-MINING MALWARE

The practice of crypto-mining by hijacking a user's CPU without permission to create new currency is expanding rapidly, and the vast...

Even crypto bulls expect a big shake out this year: 'The market right now is just everyone wants a Lamborghini'

EVEN CRYPTO BULLS EXPECT A BIG SHAKE OUT THIS YEAR: 'THE MARKET RIGHT NOW IS JUST EVERYONE WANTS A LAMBORGHINI'

Startups raised over $5 billion issuing their own digital currencies last year and there are now over 1,400 in circulation. "In 2018...

 
 
 
My Nintendo Points Will Be Redeemable For Switch Games Soon

MY NINTENDO POINTS WILL BE REDEEMABLE FOR SWITCH GAMES SOON

With the Switch nearing its first birthday, Nintendo has announced that one of its loyalty currencies, Gold Points, will soon be especially...

The pound has dived after the EU's chief Brexit negotiator warned a transition deal is 'not a given'

THE POUND HAS DIVED AFTER THE EU'S CHIEF BREXIT NEGOTIATOR WARNED A TRANSITION DEAL IS 'NOT A GIVEN'

LONDON - The pound has dived on Friday afternoon after Michel Barnier, the EU's chief Brexit negotiator warned a transition deal between...

 
 
 
The founder of a cryptocurrency worth $5 billion explains what it's like to run a crypto company as the market goes wild

THE FOUNDER OF A CRYPTOCURRENCY WORTH $5 BILLION EXPLAINS WHAT IT'S LIKE TO RUN A CRYPTO COMPANY AS THE MARKET GOES WILD

Dominik Schiener is the cofounder of IOTA, a cryptocurrency that's worth $5 billion and is designed for the internet of things. Schiener...

The Real Reason The U.S. Dollar Keeps Falling

THE REAL REASON THE U.S. DOLLAR KEEPS FALLING

From BlackRock : Richard Turnill explains what's driving the U.S. dollar's slide. Hint: yield differentials are taking a back seat...

 
 
 
Cryptocurrency comes storming back after a blockbuster regulatory hearing on Capitol Hill

CRYPTOCURRENCY COMES STORMING BACK AFTER A BLOCKBUSTER REGULATORY HEARING ON CAPITOL HILL

The market for digital currencies was on a tear Tuesday afternoon after two major US regulators addressed members of the Senate on...

Bitcoin Correction Enters Historic Territory

BITCOIN CORRECTION ENTERS HISTORIC TERRITORY

From Tyler Durden : Bitcoin just traded below $7,000 for the first time since Nov 14th 2017, as the carnage in cryptocurrencies continues. This...