Tesla Acquisition by Google Rumor Is Desperate and Far-Fetched
Forbes published an article that explains how Tesla will be acquired by Google for $1,500 per share. Wild speculation is common when an asset bubble is about to pop. We’ve seen this happen in bitcoin in 2017, gold in 2011 and the housing market in 2008. To say that Tesla (NASDAQ:TSLA) caught many investors by…
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Facebook Stock Has Bigger Problems Than That Ugly Earnings Report
Facebook’s share price plunged after an ugly quarterly report. A rise in the company’s operating costs spooked investors. But Facebook has bigger problems over the long term. There’s a simple reason why Facebook stock is in free-fall today. The Mark Zuckerberg-led social media giant has peaked. FB shares slid more than 6% on Thursday after…
Will Jack Dorsey Help Propel Bitcoin to $250,000?
Jack Dorsey is working on a kit that can help integrate Lightning Network to bitcoin wallets. Dorsey’s Square won a patent for a crypto-to-fiat payment system. Bitcoin can take multiple roads to a multi-trillion dollar valuation. Tim Draper has not backed off his prediction that bitcoin will skyrocket to $250,000 in 2023. The venture capitalist…
Coronavirus Infects Gold and Bitcoin: Both Assets Poised for Risk-Off Break Outs
Gold and bitcoin are on the verge of making new 2020 highs. The bitcoin-to-gold ratio is forming its own break out pattern, suggesting that bitcoin will be the superior investment in the near future. Only the next financial crisis will test the validity of these competing hedge assets. Despite a rising death toll, the coronavirus…
Peter Schiff Says Bitcoin Will Hit $3,000 Before Gold Does. He’s Wrong.
Euro Pacific Capital CEO Peter Schiff predicted the housing crash from 2006 to 2007. But now he’s warning about a bitcoin bubble. Schiff predicted Saturday that bitcoin will crash to $3,000, while he says gold will surge to $3,000, but not before bitcoin gets there first. Here’s why Peter Schiff’s wrong this time. Peter Schiff’s…
Crypto Killed the Tax Man: Bitcoin Cash Escapes Hash War Over Mining Tax Grenade
Hash war may be averted after major mining pool withdraws its support for the plan. Anonymous miners threatened a hash war in response to the tax, which could have lead to a chain split. Bitcoin.com announced the withdrawal of its support for the tax plan in its current form. The proposed Bitcoin Cash (BCH) tax…
New Non-Custodial Crypto Wallet Blockmove Will Help to Keep Digital Assets Safe
Whether you are a beginner or an experienced crypto investor, the question of where, how and which way is the best to store your cryptocurrency will always be acute for you. It is not enough just to buy or earn digital assets, but it is even more important to keep them reliably secured, safe and…
Bitcoin Ready to Explode, According to This Key Metric
Crypto enthusiasts are still divided on whether the halving is already priced in. Google Trends data reveal that the search term “bitcoin halving” is gaining traction. Analysts believe that bitcoin will soar after the halving generates media hype. The highly-anticipated bitcoin halving is months away and many traders are still undecided whether the event is…
Bitcoin Price Soars as Jerome Powell Confirms Crypto’s Threat To U.S. Dollar
The price of bitcoin jumped on Tuesday after Jerome Powell stressed that the Fed is investing a significant amount into digital currency developments. Adding fuel to the fire, Powell also acknowledged how quickly crypto could become a systemic risk to the USD. China’s “Belt and Road” initiative is expected to roll out a digital currency…
Minecraft Treasure Hunt ‘SatoshiQuest’ Will Cost You $1 on the Bitcoin Trail
New Minecraft server sets players on a treasure hunt to find hidden Bitcoin. Each new life costs $1, and proceeds are pooled for the eventual winner. Dead Minecraft servers litter the history of cryptocurrency. Can SatoshiQuest withstand another sudden increase in BTC’s transaction fees? Bitcoin can now be earned by Minecraft players thanks to the…
Fed-Induced ‘Deflation Crisis’ Will Cause Bitcoin to Soar: Hedge Fund Manager
The growing U.S. workforce and retirement of the boomers will force the Fed to double its balance sheet. The expansion of the Fed’s balance sheet will lead to low or even negative yields. These conditions will drive investors to seek assets that are scarce and bitcoin is the number one candidate. By now, it’s no…
More Than Name Change: Fairplay Blockchain Casino Upgrades to Fairspin
After making a name for itself as a remarkably transparent online casino leveraging blockchain technology, Fairplay decided to change the name and undergo a rebrand to become Fairspin. At first glance, the move looks like a risky one since the casino has already built a considerable player base and got nominated for two prestigious awards…
Bitcoin Beats Gold in Safe Haven Battle as Coronavirus Death Toll Rises
Bitcoin’s price comes within a hair of $9,000, its highest level in over a week. Bitcoin’s correlation to gold flips positive, according to Bloomberg. Fears of a coronavirus pandemic put a damper on stocks and other risk assets. Bitcoin launched toward $9,000 on Monday, as the spread of coronavirus forced investors to cut ties to…
Hash War Looms as Bitcoin Cash Tax Drama Explodes
An anonymous group of miners announced plans to hardfork a new bitcoin cash blockchain if tax on miners isn’t removed. Group claims to control 42% of the BCH hashrate, with plans to expand it to 2.5 exahash per second by the May 15 fork date. A repeat of 2018 costly hash war could be on…
Outrageous Coronavirus Stunt Proves Justin Sun Will Go Full-Cringe to Shill Tron
Tron CEO Justin Sun is on his way to help the people of Wuhan province with a box of face-masks. The founder continues to live up to his reputation for capitalizing on any opportunity to advance his own cause. The real beneficiaries here are Tron and Justin Sun himself, who knows the value of a…
