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Bitcoin Mining Giant Canaan Shares Plummet 58%: What Does it Show About BTC?
The stock price of Canaan Inc, a bitcoin mining giant based in Beijing, has dropped by $12 to $5 since November 25, by more than 58 percent. It comes after the price of BTC abruptly declined from $7,700 to $6,600 in the same period. дальше »
2019-12-18 01:13 | |
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Bitcoin Stability Highlighted by Crashing Oil Company Shares
Bitcoin’s volatility as an investable asset has always been a talking point. It is heralded when the price jumps 40 percent in one day but scorned when it swings into a downward spiral. However, while Bitcoin’s price movements are newsworthy, there are other areas where such downward volatility can also be seen. дальше »
2019-12-10 01:18 | |
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Bitcoin Miner Maker Canaan Down by 0.11% on First Trading Day, But the Whole Industry Shows Great Confidence
China-based bitcoin mining machine manufacturer Canaan Creative has finally concluded its initial public offering (IPO) with $90 million raised. Shares of Canaan – CAN – shot up 40 percent shortly. дальше »
2019-11-22 19:53 | |
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Stitch Fix (SFIX) Had a Bad Quarter and Insiders Are Dumping Unicorn Shares
Custom-clothing online retailer Stitch Fix released its third-quarter earnings yesterday after the markets closed. The company’s stock declined by almost ten percent as the company missed the consensus revenue estimate. дальше »
2019-10-2 12:41 | |
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Cloudflare Hits Market up 22 Percent After Dropping 8chan
Shares of American web infrastructure and website security company Cloudflare surged 22 percent on its first day of public trading today, opening at $18 after its initial public offering (IPO) priced shares at $15. дальше »
2019-9-14 20:39 | |
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Self-sufficient London Bitcoin Stock Swells by 300%
A bitcoin stock listed on the London Stock Exchange has soared by 300 percent to hit its 11-month high. Shares of UK-based Argo Blockchain PLC (LON: ARB) today established a year-to-date peak of $10. дальше »
2019-8-28 17:00 | |
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Facebook Resurrection: Why FB Stock Is Poised for a 25% Rally
By CCN Markets: Facebook (FB) stock suffered a devastating 2018 amidst controversies that led to a mass investor exodus. In one particularly painful trading session, Facebook rewrote the history books with a $126 billion plunge. дальше »
2019-8-25 02:00 | |
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Cannabis CEO Clueless About R&D, and the Stock Proves It
By CCN Markets: Canopy Growth's stock may be showing some green today, but it's down an eye-popping 48 percent from its best levels of 2019. No wonder investors can't sell fast enough, with the exception of Bruce Linton, who last month was fired as the company's chief executive but who is reportedly scooping up shares […] The post Cannabis CEO Clueless About R&D, and the Stock Proves It appeared first on CCN Markets дальше »
2019-8-21 23:30 | |
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Tesla Insider Picks Worst Possible Time for Stock Dump, Loses $1 Million
By CCN: Tesla stock is enjoying a roaring rebound this week. After months of slumping, Tesla is finally revving up. TSLA shares are nearly five percent higher this afternoon and have soared more than 15 percent from the recent bottom. дальше »
2019-6-6 22:35 | |
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Elon Musk is A Charlatan And Tesla Stock Is Worthless, Rips Analyst
By CCN: Tesla finally broke its losing streak. The stock surged eight percent on Tuesday. Even with the huge bounce, Tesla stock is still under fire. Shares remain under $200 and near their lowest levels since 2014. дальше »
2019-6-5 13:43 | |
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Google Stock Slumps After Weekend’s Embarrassing Network Outage
By CCN: Shares of Google are set to open lower when trading starts Monday following a network outage over the weekend that affected third parties and most of the tech giant’s services. In pre-market trading, shares of the online search giant’s parent company, Alphabet, were marked 2. дальше »
2019-6-3 15:18 | |
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Time’s Running Out to Bet Against Billion-Dollar Loser Uber’s Stock
By CCN: The first earnings report for Uber stock is about to be released, and UBER is expected to have lost over a billion dollars in Q1. This loss comes despite an expected 20 percent revenue increase to $3. дальше »
2019-5-29 12:25 | |
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Boeing Drags Dow Jones Higher as 737 Rumor Boosts Stock
By CCN: Boeing stock rallied on Friday, helping the Dow Jones salvage its floundering recovery following a report that the 737 MAX could fly again as soon as next month. Boeing Stock Rises on 737 MAX Rumor Boeing shares rose more than 2 percent in pre-market trading, though by the early afternoon they had given up some of those gains. дальше »
2019-5-25 20:01 | |
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Chips Off The Old Block: EOS Founders Reward Early Investors
Block. one has handsomely rewarded the faith of early investors. Yesterday, the company that built the EOS platform announced a buyback of ten percent of its shares. Its earliest investors include the likes of Peter Thiel, Alan Howard, and Louis Bacon. дальше »
2019-5-23 17:24 | |
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EOS Block.One Buyback Equals 6500% ROI for Early Investors
Block. One, the blockchain-based parent company behind fifth largest cryptocurrency by market capitalization EOS, has announced a buyback in shares for early investors that will constitute over 6500 percent in returns. дальше »
2019-5-23 15:41 | |
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Early Backers of Cryptocurrency Startup Block.one in Line for Mega Payday
PayPal’s Peter Thiel and other early Block. one backers are in line to receive returns of more than 6,500 percent for their initial investments, Bloomberg reports. The cryptocurrency startup is looking to buy back ten percent of its shares. дальше »
2019-5-23 13:27 | |
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Tether Partly Backed by Bitcoin, Court Transcription Reveals
Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets. дальше »
2019-5-22 23:02 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Bitfinex Releases White Paper for LEO Token Sale
Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO). дальше »
2019-5-8 18:33 | |
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Bitcoin Analyst Shares Mid-Term Bullish Continuation Reasons, Abra CEO on BTC Value vs Global GDP
The leading cryptocurrency is currently trading 80 percent above the yearly low from December 2018. In addition, so far in 2019 bitcoin has surged more than 54 percent. At the time of writing, BTC/USD has been trading at $5,800 on Bitstamp with 24-hours losses of 0. дальше »
2019-5-6 01:13 | |
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Bitcoin is Beating Apple Stock (APPL) Price in 2019
Tech mogul and one of the largest corporations in the world, Apple Inc. , has so far had a great start to 2019. The company’s shares are up 27 percent since January 1st but are still measurably lower than Bitcoin’s price increase throughout the same period. дальше »
2019-5-2 00:00 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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3M Stock’s Collapse Deals Vanguard a $10 Billion Catastrophe
By CCN: 3M stock (MMM) plunged by 11 percent on Thursday after the $112 billion company unveiled disastrous first-quarter earnings, drastically slashed its full-year guidance, and announced that it would hand out pink slips to 2,000 employees as part of a radical restructuring plan. дальше »
2019-4-26 18:05 | |
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Tesla Stock Reels After Amazon-Backed Rival Rivian Seduces Ford
By CCN: Tesla stock endured another major blow on Wednesday after US auto giant Ford piled $500 million into electric truck manufacturer Rivian, which had already secured a major investment from Amazon. дальше »
2019-4-25 21:09 | |
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Dow Claws Higher While Trump Recklessly Nukes Global Markets
By CCN: The Dow zoomed into recovery mode on Tuesday, bolstered by better-than-expected earnings even as President Trump launches a double-barrelled assault on the global financial market. Dow Jumps on Earnings Pump The Dow Jones Industrial Average seesawed at Tuesday’s opening bell, eventually grinding higher after regaining its footing. дальше »
2019-4-23 16:38 | |
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Beyond Boeing: 5 Stocks Powering the Dow Jones Decline
The Dow Jones Industrial Average struggled on Monday, dropping more than 100 points after Boeing and several other major components lurched into the red. Tech giant Apple provided a bright spot, though, which helped the DJIA mount a slight recovery from its session low. дальше »
2019-4-8 19:09 | |
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Warning: This Dow Stock Threatens to Cripple the Market Bellwether’s Surge
The Dow Jones Industrial Average continues to slaughter all challengers, swatting away trade war concerns, recession alarms, and Trump administration turmoil as if they were flies on a window. However, Deutsche Bank warns that one key index component threatens to cripple the stock market bellwether as it seeks to ascend to new all-time highs. дальше »
2019-4-3 18:22 | |
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Dow Teeters While Michael Bloomberg Mulls 2020 Trump Challenge
A nervous Dow crept toward Tuesday’s US trading session, struggling for direction after yesterday’s mammoth stock market rally – and the shocking report that former New York City Mayor Michael Bloomberg may mount a presidential challenge to Donald Trump after all. дальше »
2019-4-2 16:07 | |
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Galaxy Digital Shares Skyrocket After Novogratz Takes 80% Equity Stake
Analysts were congratulating cryptocurrency merchant bank Galaxy Digital CEO Mike Novogratz March 28 after share performance rocketed. Galaxy Among ‘Best Crypto-Related Performers’ Data from Bloomberg and other sources confirm something of a renaissance for Galaxy, which as recently as the end of last year had seen its fortunes decline dramatically. дальше »
2019-3-29 20:00 | |
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Apple Stock a Screaming Buy, Will Surge 21% Despite ‘Underwhelming’ Apple TV+ Launch: Analysts
Apple stock bled out on Monday afternoon as Tim Cook revealed his long-awaited Netflix rival, Apple TV+. Traders were immediately underwhelmed by the lack of details and the stock ended the day 1. дальше »
2019-3-27 18:23 | |
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Apple (AAPL) Stock Plunges After the Company Presents New Services
Coinspeaker Apple (AAPL) Stock Plunges After the Company Presents New ServicesIt was expected that Apple's Special Event would lead to sales increase and jump of shares' price, but the effect was converse. дальше »
2019-3-26 11:17 | |
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Norwegian Fund Hosts $7 Billion Mega-Sale of Energy Companies
The Norwegian Sovereign Fund has announced a $7 billion sale of shares for 134 exploratory fossil fuel and energy companies. Norway owns the largest sovereign fund in the world, the Government Pension Fund Global (GPFG), which is valued at over $1 trillion. дальше »
2019-3-21 00:44 | |
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Tesla Shares Drop after Mediocre Model Y Reveal
Tesla’s Model Y reveal, led to a mostly unimpressed audience and unenthused investors. Does the largely hype-less response show a market well-addressed or indicate declining interest? A definite sign in shareholder interest is the TSLA share price decline following the announcement. дальше »
2019-3-16 15:02 | |
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Amazon Shares Drop 2.6 Percent As Centralization Alienates Suppliers
Amazon suppliers received a lesson in centralization on March 7 after the e-commerce giant abruptly began canceling huge numbers of orders in a profits push. Amazon: We ‘Saw Opportunity’ As Bloomberg reported, quoting a statement from Amazon, the company wants to increase returns at the heart of its e-commerce operations. дальше »
2019-3-9 00:00 | |
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Coinbase Purchased Neutrino for $13.5 M, Acquisition Contract Shows
Cryptocurrency exchange Coinbase purchased controversial Italian software services provider Neutrino for $13. 5 million (€12 million), a copy of a legal document dated February 15, 2019, and shared with Bitcoin Magazine reveals. дальше »
2019-3-7 20:29 | |
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$46 Billion Flows into Chinese Stock Market, Should Launch Dow Higher
Following MSCI’s decision to increase the weight of Chinese onshore shares in its widely-cited emerging market index, over $46 billion is set to pour into the stock market of China, a move that could kick the ongoing Dow Jones recovery into an even higher gear. дальше »
2019-3-4 21:47 | |
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US’ Biggest Landowner John Malone Loses $680 Million in 24 Hours
John C. Malone, the single largest owner of land in the United States, sustained a devastating portfolio hit portfolio Thursday. As the largest shareholder of Qurate Retail (NASDAQ:QRTEB), Malone had the most on the line when the company announced paltry fourth-quarter earnings. дальше »
2019-3-1 09:00 | |
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Surprise Pot Stock Pivot Lifts Arcadia Biosciences Shares 61%
Arcadia Biosciences Inc. ’s share price surged 61 percent while trading on the Nasdaq Thursday after the agricultural biotech firm announced plans to dive into the hemp industry. The company’s core business area is producing food ingredients made from wheat and soybeans. дальше »
2019-3-1 00:48 | |
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“Clear and Robust Strategy” Nets 0.023% Recovery of Bitfinex’s Hacked Funds (So Far)
According to an official statement published on February 25, 2019, Bitfinex has revealed that the United States government returned 27. 7 BTC (worth about $105,000 USD) to the exchange, as part of restitution for a hack that was effected on the exchange back in 2016. дальше »
2019-2-26 02:39 | |
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NVIDIA’s Earnings Report For Q4 2019 Beats All Expectations
The largest graphics chip manufacturer in the world, NVIDIA, reported better-than-expected earnings for the fourth quarter of its 2019 fiscal year which led to its shares rising as much as 8 percent, the company announced in a press release on February 14, 2019. дальше »
2019-2-18 22:00 | |
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