Please Don’t Hurt Us! BIS Report Proves Central Bankers Fear Bitcoin

By CCN.com: For years, the cryptocurrency market has been buffeted with projections and predictions of doom. We are constantly told that any day now, bitcoin and all its progeny will collapse into the nothingness from whence they came, or something to that effect. These statements and pronouncements have even been famously compiled into a live

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Kamala Harris 2020 Would Be Hillary Clinton All Over Again

U.S. Senator Kamala Harris (D-CA) announced Monday that she would be seeking the Democratic Party’s nomination to run for president in 2020. She timed her announcement for Martin Luther King Jr. Day, a sign that she intends to make political capital of her identity as a woman of color. That’s ironic because Martin Luther King

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Google Slapped with $57 Million Fine in Landmark GDPR Case

By CCN.com: French regulators have slapped Google with a landmark $57 million fine for committing GDPR infractions, making it the first major U.S. tech company to face punitive action under Europe’s new digital privacy regime. France Fines Google $57 Million for GDPR Infractions The French Commission Nationale de l’Informatique et des Libertés (CNIL) imposed the

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Is the Netflix Price Hike Just What Disney’s Streaming Service Needs to Win Market Share?

By CCN.com: Last week Netflix announced that it was raising subscription fees by between 13% and 18% for all its plans. While the absolute increase varied between $1 and $2, nearly a quarter of U.S. subscribers who took part in a Streaming Observer online survey indicated that this fee hike was enough to make them

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Bitcoin Price Could Crack $10 Million, Become New Gold Standard: Asset Management Firm

By CCN.com: Throughout the 2017 crypto market bull run, bitcoin price predictions kept the crypto hype train fat and happy. Whether it was eccentric ICO promoter John McAfee promising to emasculate himself if bitcoin failed to reach $1 million within three years or Fundstrat setting a “conservative” price target at $25,000, every crypto influencer had

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China’s Stocks Are on Fire Despite Slowest GDP Growth in Nearly 30 Years

Despite official 2018 GDP figures showing that the Chinese economy grew last year at its slowest pace in 28 years, some of China’s largest stocks continue to perform at market-leading levels, led by tech quartet Tencent, Baidu, Sina and Alibaba. According to the data released by Beijing on Monday, China recorded a GDP growth rate

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Why Crypto is En Route to the Longest Bear Market in History

By CCN.com: The crypto market is en route to experiencing the longest bear market in its 10-year history. As Ran Neuner, the host of CNBC’s Crypto Trader said, if the latest bear market lasts for another month, it will surpass the 420-day correction the crypto market experienced from 2014 to 2015. “If this bear market

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$3 Billion Google-Backed AI Unicorn UiPath Set to Achieve Revenue Growth of 5614%

From CCN.com: UiPath, an artificial intelligence (AI) startup first backed by Google’s CapitalG fund in 2018 will shortly, according to leaked reports, achieve over 5000% growth. Business Insider sources claim UiPath, also backed by Sequoia Capital and Accel, is set to hit $200 million annual recurring revenue (ARR). ARR is a metric used by software-as-a-service

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Dow Futures & Bitcoin Look Shaky as US Celebrates Market Holiday

By CCN.com: The US stock market is closed today in observance of Martin Luther King Jr. Day, but Dow futures pointed south after China’s growth fell to a nearly three-decade low. The cryptocurrency market, which never takes a breather, also remained bearish following Sunday’s pullback, leaving the bitcoin price uncomfortably close to the $3,500 mark.

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Elon Musk Sees Boost Amid Cost-Cutting, Layoffs as Europe Clears Tesla to Sell Model 3s Next Month

By CCN.com: Tesla has been granted the go-ahead to begin selling its mass-production, low-cost electric car in Europe. Beginning February, Tesla will be able to sell the long-range version of the Model 3, per Bloomberg. From Tesla’s website, the long-range model runs for 310 miles on one full charge. Permission was granted by the Dutch

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