Stock Market Bulls Made a Fool’s Gamble on Rate Cuts

When US nonfarm payrolls stunned traders by rising dramatically on Friday, the stock market’s bet that the Fed would stimulate further growth by drastically slashing interest rates was exposed as a fool’s gamble. That’s according to economist Mohamed El-Erian, who explained to CNBC’s “The Exchange” that a rate cut in July was likely but 50 […]

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Bitcoin, Facebook and the End of 20th Century Money

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. There is never a dull moment in the world of blockchains and cryptocurrencies. The two earth-shattering […]

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Ethereum to Skyrocket by 70 Percent Against Bitcoin, Predicts Analyst

By CCN Markets: On May 21, a pseudonymous cryptocurrency technical analyst named “Rampage” posted on Twitter that ETH/BTC is about ready to catch up to ETH/USD. In a tweet, the attached an image in which the price action of two markets is overlaid in a single chart. The analyst predicts that Ethereum will move higher […]

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Tesla’s Blockbuster 73% Sales Jump Fools Noone. It Changes Nothing.

By CCN: Morgan Stanley analyst Adam Jonas buried the lede in remarks on Wednesday, in which he touted Tesla’s 73 percent year-over-year increase in US sales for the month of May. Don’t be fooled by spiking numbers Jonas noted that Tesla delivered 11,300 vehicles in May, which was 2.6 times the combined total of all […]

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The Tech Stock Meltdown Is Just Getting Started Amid Antitrust Knockout

By CCN: We’re halfway to a bear market, at least for tech stocks. On Monday, it was a FANG bloodbath as the tech-heavy NASDAQ index skidded nearly 2 percent lower. It’s now down ten percent from its recent record highs. But don’t rush to buy the dip. Things could get a whole lot worse for […]

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Bitcoin Whales Are the Smart Money. Don’t Be the Dumb Money

By CCN: Owners of “whale wallets” scooped up 450,000 BTC as the bitcoin market hit bear-market lows in late 2018. It appears whales now control 25% of all BTC. Is this good or bad for bitcoin? Whales are smart money These private, non-institutional buyers decided an 85 percent decline was a buying opportunity. The market sent […]

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Battlefield V Censors World War 2 and I Just Wanted to Kill Some Nazis

By CCN: Battlefield V makes a number of departures from reality, but none is so stark as its erasure of the German Nazi Party. The EA/DICE superhit released the title – 16th in the series – last fall. World War II Without Nazis, Japanese, Russians, or Americans? I wasn’t paying much attention, having not even […]

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Bill Nye’s Lying Pants, Not the Planet, Are on ‘F***ing Fire’

By CCN: On Sunday’s episode of “Last Week Tonight with John Oliver”, Bill Nye The Science Guy sat down to lecture America about climate change and cuss a lot. The kid’s science show host has a very important and very scientific-sounding message for you: “The planet’s on f***ing fire.” In a segment about Rep. Alexandria Ocasio-Cortez’s […]

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Our Binance Overlord’s Bitcoin SV Delisting is Frightening for Cryptocurrency

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the […]

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Notre Dame Fire is a Terrible Reason to Burn Your Bitcoin

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the […]

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