UK Banks Fined $66 Billion For Insurance Fraud; Bitcoin Still Bad?

The arguments as to why bitcoin is superior to the banking system are pretty clear cut to anyone that has used it. A decade ago BTC was conceived to cut out the fatcat middlemen and allow people to transact between…

Economic Growth Is All on You, Consumer: The Fed

Consumer confidence in the U.S. has held steady and spending has increased despite a slew of negative signs that point toward an economic slowdown. Federal Reserve officials admit that consumers are alone in carrying the burden of the economy. “We’ve…

Stock Markets on Alert as Stimulus Fail Sparks Eurozone Recession Fears

The Eurozone’s biggest economy is in decline and the reported stimulus is likely to prove inadequate. | Source: AP Photo/Richard Drew By CCN Markets: Economists expected Germany, the biggest economy in the eurozone, to introduce crucial stimuli to boost the…

This Bitcoin Price Dump Isn’t Over

The bitcoin price suffered a painful crash this week, but bulls shouldn’t imagine the worst is over. This dump isn’t finished – not even close. | Source: Shutterstock By CCN Markets: The bitcoin price suffered a massive setback on August…

Litecoin Price and Hashrate Diving Down; What’s Next?

Litecoin’s hash rate has declined by over 30% since its block size halving event earlier this month, the latest data shows.  Litecoin Trades At Lows Against USD The increasingly troubled altcoin, currently the fifth-largest cryptocurrency by market cap, has lost…

Ripple CEO Garlinghouse Slams FUD Because ‘It’s Clear XRP Isn’t a Security’

Ripple’s chief Brag Garlinghouse insists ‘it’s clear XRP is a security’. | Source: Flickr/OFFICIAL LEWEB PHOTOS Investments in XRP has dwindled dramatically in 2019, indicating that not many are using the crypto-asset for its intended application: that of behaving as…

Binance IEO Coins S*!t The Bed, Market Cap Isn’t Startup Success

The peanut gallery went wild, taking every opportunity to eat projects alive as their market caps slid into the red throughout 2018. This consistent downtrend in sentiment led to even greater bleeding. Now IEOs from Binance Launchpad…

Beyond Meat’s KFC Tie-Up Is Not Taco Bell/Doritos & Will Fail

Beyond Meat, which IPO’d earlier this year, decided combine its fake meat – ahem plant-based chicken – with Colonel Sanders’ 11 herbs and spices. Unless the idea is to inherit the stigma and calories that are generally associated with fast-food…