Jamie Dimon has doubled down on his calls for the rich to pay more in income taxes. The JPMorgan CEO has long been a supporter of a more progressive taxation system, and his views have only been sharpened by the recent Trump tax breaks which favored
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‘Glorified Test Net’: Billionaire Novogratz Slams Litecoin, Screams ‘Buy Bitcoin’
By CCN.com: Crypto trader Mike Novogratz fails to see the value in Litecoin. Novogratz, who is at the helm of crypto merchant bank Galaxy Digital, blasts Litecoin’s size and in doing so seems to comes across as threatened by the fifth-biggest c
Jerry Nadler Grandstands as Liberals Move the Mueller Report Goalposts
It's like talking to a brick wall. House Democrats are so determined to get their hands on the full Mueller report that they are ignoring anyone who says that classified information in it can't be released. After making a barrage of threats d
Hacked Bitcoin Exchange Bithumb Tells Traders to Halt Deposits
Bithumb, the exchange recently hacked last week to the tune of around $20 million, sent out an e-mail this morning asking customers to cease making deposits until further notice. The exchange reiterates its claim that no customer funds are lost. Inst
Bullish Bitcoin Technicals Thrills Analysts to Predict Next Leap Beyond $7,000
By CCN.com: As the bitcoin price slightly retraced below $5,000, the valuation of the crypto market dropped by $9 billion in the past 24 hours. However, based on technical indicators, analysts remain convinced that the $5,000 to $6,000 range will be
Tesla Stock Crashes 10% After Reporting Biggest Sales Drop Ever
It's shaping up to be a rough day for Elon Musk. Shares at his Tesla were down sharply this morning on horrific Q1 delivery numbers. Those numbers came out as the CEO readies to learn his faith resulting from being held in contempt of court for v
Terrifying $243 Trillion Global Debt Bomb is a Disaster Only Bitcoin Can Fix
By CCN.com: Global debt now stands at a terrifying $243 trillion according to a report by the Institute of International Finance this week. That's quarter of a quadrillion. We're in the realms of the absurd. This is unsustainable. And it'
Dow Futures Fizzle as Mueller Probe Leaks Crush Trump Trade Pump
The Dow struggled ahead of Thursday's US trading session, as a discomforting leak about the true nature of the Mueller probe crushed any optimism derived from the report that Donald Trump may be on the verge of making a major announcement about t
Hong Kong Bitcoin Traders Guilty of ‘Unfair’ Mining Sales Face 5-Yr Prison Term
By CCN.com: Hong Kong's Secretary for Financial Services and the Treasury, James Lau, has clarified to the city-state's Legislative Council that commercial transactions relating to Bitcoin mining devices are protected under the Trade Descript
Jamaica’s National Stock Exchange Will Pilot Bitcoin and Ethereum Trading
By CCN.com: In a further sign of the blurring of the lines between crypto and mainstream assets, it will soon be possible to trade bitcoin on the Jamaica Stock Exchange (JSE). The exchange which was founded five decades ago has inked an agreement wit