“Money is a network. People believe in the U.S. dollar, it has more value. People believe in bitcoin, it has value. People believe in gold, it has value. And that’s not a linear increase. By definition, the more people that get into bitcoin, it makes it more valuable, and when we try and take like equities or stock bubble-type frameworks to bitcoin, it’s really — it’s misguided, because it’s a network, it’s not a company,” Cameron said during an interview on FOX Business’ “Wall Street Week.”
TD Ameritrade and CME are jumping into the burgeoning bitcoin futures market. The move comes on the heels of a slow, yet respectable start in the same market by the largest US options exchange company, the Cboe.
If there’s any doubt Tesla Inc. isn’t just a car company anymore, its brand-new Manhattan showroom should put it to bed. On Friday, Tesla opens a store in New York’s Meatpacking District that, for the first time, will sell cars, solar panels and batteries permanently under one roof.
Trend Forecaster Predicts: “Bitcoin Will Soar Over $100,000… It’s The Gold Standard Of Digital Currency”
According to a recent short film by Future Money Trends, we’re just in the opening stages of a revolution that will eventually lead to the death of centrally printed paper currencies.
Disney is buying a large part of the Murdoch family’s 21st Century Fox for about $52.4 billion in stock, including film and television studios and cable and international TV businesses, as it tries to meet competition from technology companies in the entertainment business.
The real prosperity will be for the visionaries, entrepreneurs, and investors who back them– those who develop this technology and apply it in ways that fundamentally change the way we engage in finance and commerce.
So if you feel like you ‘missed’ Bitcoin, don’t worry: we’re just at the beginning of this phase… you haven’t missed anything.
The federal government collected record total tax revenues of $443,715,000,000 in the first two months of fiscal 2018 (Oct. 1, 2017 through the end of November), according to the Monthly Treasury Statement.
The worst is yet to come for American shopping malls.
How much would you put at risk to invest in the hottest digital currency in the world? For some people, the skyrocketing value of Bitcoin is worth putting their own homes at stake.
PepsiCo Inc (PEP) has reserved 100 of Tesla Inc’s (TSLA) new electric Semi trucks, the largest known order of the big rig, as the maker of Mountain Dew soda and Doritos chips seeks to reduce fuel costs and fleet emissions, a company executive said on Tuesday.
After two warnings to investors (but no bans) from the SEC on ICOs, alt-coins like Ethereum and Litecoin have exploded higher in the last 24-48 hours, pushing the former over $60 billion market cap – bigger than GM and Aetna.
In an interview with FOX Business’ Neil Cavuto, Cboe Global Markets (CBOE) Chairman and CEO Ed Tilly said bitcoin’s trading debut was volatile with the exchange trading an estimated 3,000 contracts in the global session pre-U.S. open.
Verizon Communications Inc and the National Football League have reached an agreement for a multi-year digital streaming deal, Verizon said on Monday.
Cboe Global Markets Inc. started letting traders buy and sell bitcoin futures Sunday evening. Though the exchange operator warned volume might be low — new futures typically take time to build a following — almost 600 contracts traded in the first hour. As of 7:36 p.m. New York time, contracts expiring in January were priced at $15,800, or about 3 percent higher than bitcoin itself, according to data compiled by Bloomberg. The cryptocurrency spiked by more than $1,000 before paring the gain.
“So many people died there (at the Las Vegas Village festival grounds, across from Mandalay Bay),” he said. “You just get the chills going in there.”
While we’ve made the case that Bitcoin’s current run-up has been “too far, too fast” and a painful correction is highly likely, the new cryptocurrency era is a bona fide revolution. The underlying technology of the blockchain will transform industry and commerce on a similar scale as the Internet has.
Job numbers released today through the end of November show an increase of 2.2 million jobs since last years election and an unemployment rate of 4.1 percent. After the same period under Obama, (4.8) million jobs were lost and unemployment skyrocketed to 9.9 percent!
It’s not quite the non-fiat singularity just yet: for that to happen, one should be able to buy gold with bitcoin, and bitcoin with gold… but thanks to Apmex, the world’s largest online retailer of precious metals, one can now cross out one half of the missing links, because as of yesterday Apmex is now accepting bitcoin.
The list of those delving into blockchain technology seems to be expanding by the day, including investors, technology shops, banks and curious minds executing simple Google searches.
The company said the headcount cuts, which will affect both professional and production employees mostly outside the United States, will position GE Power to reach its announced target of $1 billion in structural cost reductions in 2018. The move aligns with GE’s effort to reduce overall structural costs by $3.5 billion in 2017 and 2018.