Financial Industry News
Some time ago, one of the more thoughtful critiques of Bitcoin went a little like this: “Sure, bitcoin is scarce in its supply, but since it’s effectively costless to clone the software and fork it, it’s not scarce overall. Forks constitute effective dilution and render the Bitcoin system’s commitment to a hard cap irrelevant.” This […]
Continue ReadingTesla has once again reduced the prices of its made-in-China Model 3. The price cuts come at a time of increasing competition in China. Chinese EV manufacturers are growing in stature, and foreign automakers are boosting their investments. The going is getting tougher for Tesla in China. Just five months after making substantial price cuts […]
Continue ReadingBitcoin just closed its best third quarter on record and only one of three quarterly closes above $10,000. It has set the crypto market on fire recently with overwhelmingly bullish sentiment heading into Q4. But bulls must be careful of a looming threat to the crypto market that could send Bitcoin back into bearish territory […]
Continue ReadingThe U.S. stock market faces gloomy prospects as U.S.-China relations worsen. Strategists warn that the U.S. and China face an “all-out cold war,” as the dispute between the two countries intensifies. Equities remain vulnerable heading into Q4 without stimulus and clarity on vaccines. The U.S. stock market faces a new threat in the fourth quarter […]
Continue ReadingEthereum developers will take a second whack at a final Ethereum 2.0 “dress rehearsal” after the first, Spadina, failed due to “critical peering issues,” Ethereum Foundation researcher Danny Ryan said in a tweet Wednesday. CoinDesk’s invest: ethereum economy is a fully virtual event Oct. 14 exploring the ramifications for investors of the sweeping changes underway […]
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Continue ReadingCCN.com, also known as CCN Markets and CCN, is a global news site with journalists in the U.S., UK, Europe, and Asia. We cover financial markets, business, politics, showbiz, sports, and gaming. Opinionated articles are clearly marked with “Opinion.” CCN.com is a part of Hawkfish AS, a Norwegian Media Company with regional offices in the […]
Continue ReadingBernadette Giacomazzo Bernadette Giacomazzo is an editor, writer, and photographer whose work has appeared in Teen Vogue, People, Us Weekly, The Source, XXL, HipHopDX, The Los Angeles Times, The New York Post, BET.com, and more. She is also the author of The Uprising series and is the CEO of the acclaimed G-Force Marketing & Publicity […]
Continue ReadingIt was just a few years ago that enterprises began showing interest in using blockchain as a technology to bring trust, transparency and better collaboration to multiple entities sharing sensitive business data. Yet as the blockchain space has matured, more companies have started to view blockchain less as a technology and more as an important […]
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