The Dow and broader U.S. stock market struggled for direction Monday, just one session removed from a new all-time high, as investors quickly shifted their focus to corporate earnings season. Dow Struggles for Direction U.S. stock markets traded mixe
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Here’s What Mnuchin Just Said About Libra & Bitcoin
Steven Mnuchin, the United States Secretary of the Treasury, just concluded an official briefing on crypto regulation and various security issues related to assets like bitcoin and Libra. Echoing the statement released by U.S. President Donald Trump
Watch Steven Mnuchin’s Surprise Press Conference on Cryptocurrency
The US Treasury Department made the surprise announcement on Monday that Secretary Steven Mnuchin would hold a press conference to address cryptocurrency regulation. Mnuchin’s press conference, which began around 2 pm ET, comes amid a flurry of
1 Million Idiots Pledge to ‘Storm Area 51’ & John McAfee Is the Voice of Rea–Nevermind
At some point over the last week, “Storm Area 51, They Can’t Stop All of Us” transformed from a viral prank into a national phenomenon. ‘Storm Area 51’ Hits 1 Million Sign-Ups, Air Force Threatens Retaliation The Faceboo
Crypto Trader Predicts Nearing Alt Season as Bitcoin Dominance Weakens
An alt season (altcoin season) is something that virtually all crypto traders look forward to. It is a time where all cryptocurrencies other than bitcoin exponentially grow in value. From large caps to small caps, these digital coins can rise anywher
Facebook’s Marcus Panders to Lawmakers with ‘Controlled’ Libra Promise
Facebook is bending over backward to appease lawmakers in the wake of the backlash it has received for its digital currency Libra and digital wallet Calibra. David Marcus, who is at the helm of Calibra and who previously helped to run messaging produ
This Stock Was Left for Dead – Now It’s The S&P 500’s Surprise Hero
Following its disastrous initial public offering (IPO), many investors left Snap Inc. for dead. However, the Snapchat creator’s stock has bounced back with a vengeance. The company's shares are up by a jaw-dropping 185% in 2019, making it t
Economist Speculates Absurd but Feasible Trump Bitcoin Ban
Could Trump ban Bitcoin? Global markets analyst Alex Krüger has plotted out a scenario where the president-elect might just follow through with such an idea. Krüger’s speculation comes after Twitter rampaged last week thanks to Trump’s Bi
London Calling: Is the Alan Turing £50 a Nod to Cryptocurrency?
This is probably going to sound silly, but hear me out: The Bank of England’s new £50 note featuring Alan Turing is a quiet nod to cryptocurrency. What do you know about Alan Turing? In multiple disciplines, you may have heard of him. He has th
Facebook’s Libra Triggers US & UK Alarm Bells; Will Bitcoin Take a Beating?
On CNBC's Squawk Box, Philip Hammond, the Chancellor of the Exchequer and a senior official within the government of the U.K., said that Libra, a crypto asset developed by a consortium of companies including Facebook, poses a risk to the global f