For the first time in decades, Hawaii sounded their nuclear attack warning sirens, which will be heard the first Friday of every month for the foreseeable future because of the danger posed by North Korea’s nuclear missile program.
The twin brothers who successfully sued Mark Zuckerberg, claiming he stole the concept for Facebook are now billionaires after investing their lawsuit winnings in Bitcoin. The cryptocurrency surpassed a record high of $11,700 on Sunday.
Whether it was the previously discussed unexpectedly bullish JPM report (which calculated that a mere $6bn in net capital inflows has pushed the crypto market cap to $330 billion), or just the latest unexplained burst of buying out of Asia with another weekend surge in volumes out of Japan and Korea, but last week’s bitcoin mini meltdown and bear market are now long forgotten, and overnight the world’s most popular cryptocurrency has soared again, up $750, or 7%, in the past 24 hours, last trading at a new all time high of $11,795, just $200 away from $12,000.
Bitcoin is now the sixth most circulated currency in the world, behind five super powers, and outranking the Pound, the Ruble, and the Won, according to the Bank for International Settlements. The figure is based on a value of Bitcoin at $10,765 each, meaning that the total value of all Bitcoins in circulation is $180 bln.
The incredible bitcoin rally over the past seven years has professional investors and novices alike scratching their heads. The timid are left to wonder and watch as the fearless make a fortune.
After pulling back on its holiday season hiring in anticipation of weaker sales this year, Macy’s (M, +1.60%) said on Friday it will hire another 7,000 temporary workers, citing a strong number of shopper visits so far this Christmas period.
Restaurant chain Applebee’s is keeping things “L.I.T.” this December, offering customers the chance to save money on a popular cocktail.
Bitcoin’s most recent, volatile 24 hours — during which it lost more than a fifth of its value after hitting an all-time high on Wednesday — was largely unconcerning to hedge fund legend Mike Novogratz, who painted a picture of a young cryptocurrency still adjusting to its extraordinary popularity.
In the last three years, Bitcoin has gained a similar amount of market cap as Nvidia…
The Dow Jones Industrial Average crossed the 24,000 point waterline on Thursday, a new intraday record high, as the odds of passing tax reform increase.
Despite hitting $10,000 among major exchanges just hours ago, Bitcoin has already tackled $11,000 as markets show no signs of slowing.
The record-breaking cryptocurrency Bitcoin has broken through yet another milestone, topping $10,000 in the US for the first time, according to Bloomberg pricing.
The world’s most valuable cryptocurrency bitcoin can quadruple in price from the current record high of $10,000 in the next 13 months, predicts former Fortress hedge fund manager Michael Novogratz.
Shoppers spent a whopping $3.38 billion by the end of the work day on the East Coast, according to Adobe Analytics data cited by USA Today. Adobe projected that a surge in online purchases would come between 8 p.m. and 11 p.m. in each time zone.
Bitcoin’s vertiginous ascent showed no signs of abating on Monday, with the cryptocurrency soaring to another record high just a few percent away from $10,000 after gaining more than a fifth in value over the past three days alone.
Confirming rumors that had swirled over the past 10 days, on Sunday night Meredith Corp., publisher of Better Homes & Gardens, Martha Stewart Living and Family Circle announced it has agreed to acquire all of Time Inc’s outstanding shares for $18.50/share or $1.85BN; including the assumption of Time’s debt, the deal is valued at a total of $2.8 billion. Meredith has secured $3.55BN in debt financing from RBC Capital Markets, Credit Suisse, Barclays and Citigroup Global Markets, according to the FT.
The world’s most valuable digital currency has smashed another all-time high. Bitcoin has surpassed the $9,000 level on Sunday on growing signs of mainstream adoption.
The top two cryptocurrencies by market capitalization, bitcoin and ether, have continued their respective rallies, setting fresh record highs today.
The value of the second largest cryptocurrency ethereum has smashed an all-time high of $425.55 on Thursday night, according to data from digital money website Coinmarketcap.
“There is nobody needing to give permission in the background, there’s nobody who gets to say no to a transaction. No money can be forced, no money can be seized. And here’s a big problem for governments in the future,” he said, adding “taxes can no longer be forced.”