Craig Wright to Challenge Court Ruling in $10 Billion Bitcoin Lawsuit – CCN Markets

Self-proclaimed bitcoin inventor Craig Wright plans to challenge judge Bruce Reinhart’s ruling that knocked down his affirmative defenses. | Source: (i) YouTube (ii) REUTERS / Dado Ruvic / Illustration / File Photo; Edited by CCN Self-proclaimed bitcoin inventor Craig Wright plans to challenge the recent ruling against him in the $10 billion lawsuit filed by […]

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College Athletes Move a Step Closer to Getting the Money They Deserve – CCN Markets

The NCAA has been taking advantage of student athletes for years. Thanks to California Senator Nancy Skinner, that could soon be changing. | Source: Stephen R. Sylvanie-USA TODAY Sports Payday could finally be coming for some college athletes. California Senator Nancy Skinner just tweeted that her SB 206 bill won unanimous approval from the Assembly […]

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Mobile Fuels Gaming’s Ascent to $152B, Transforms Gamer Image

Perceptions of gaming and the identity of the average gamer are on the cusp of changing thanks to the rising popularity of mobile games. | Source: Shutterstock By CCN Markets: Perceptions of gaming and gamers are on the cusp of changing thanks to the rising popularity of mobile games. This year alone, the value of the […]

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Litecoin Dumped Over 50 Percent but a Bounce Is in Sight

The halving was supposed to be Litecoin’s bullish catalyst; it failed to live up to the hype. However, analysis of the chart shows potential. | Source: Shutterstock By CCN Markets: Litecoin’s price action has been less than stellar as of late. After posting a 2019 high of $146 on June 21, the cryptocurrency succumbed to […]

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In Billionaire Space Race, Sir Richard Branson Takes the Lead

The space race is heating up with bilionaires jockeying to be the first to propel humans into space. Richard Branson is poised to be first. | Source: Shutterstock; Edited by CCN By CCN Markets: Who would have thought that the newfangled space race would be funded by nerdy billionaires, one of whom has been knighted? […]

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Xbox Chief Says Single Player Games is . He’s Not BullShi**ing

Phil Spencer, Head of Xbox, is making all the right moves ahead of the next generation console war. | Source: Dan Steinberg/Invision for Xbox/AP Images If there’s one thing that’s true about modern-day gaming, it’s that it is often multiplayer-focused, and the head of Microsoft‘s Xbox brand knows that. Indeed, Phil Spencer, who led the […]

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Why Bitcoin Will Never Replace Fiat Currency

Bitcoin price dipped under $10,000 while trading on Sunday. | Source: Shutterstock As the resident bitcoin skeptic at CCN.com, today I’ll be looking at the myth that bitcoin will one day replace all fiat currencies. The Bull Fiat Currency Case for Bitcoin The bullish argument goes as follows: governments are increasing their borrowings to unprecedented […]

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Amazon Earnings Miss the Mark, Stock Drops $15 in After-Hours Trading

Amazon stock is down about $15, or 1 percent, in after-hours trading after the company missed earnings estimates by 6 percent. The e-commerce giant did manage to beat the revenue estimate by about 1 percent. Results do not include Prime Day. Amazon’s Revenue Now Half of Walmart’s Amazon continues to crush the retail and cloud […]

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Cannabis Stock Destroyed by 81% Decline on Clinical Trial Failure

Intec Pharma Ltd. is a tiny company in the space of pot stocks, doing clinical research involving cannabis. But one of their drugs failed a Stage III clinical trial. Intec’s stock got crushed and lost 81 percent of its value. Intec Pharma said it was “disappointed” with the results of the study. | Source: Shutterstock […]

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