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NEW YORK, NY / ACCESSWIRE / January 23, 2017 / SeeThruEquity , the leading independent equity research firm for publicly traded emerging growth companies, announced today that it is launching its Blockchain ...
SAN DIEGO , Jan. 19, 2018 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP Reminds Investors of Lead Plaintiff deadline in a class action filed against The Crypto Company. The firm is also ...
Be wary when a company like Kodak or Long Island Ice Tea adds Blockchain to its name or embraces digital currencies. It feels just like Dot Com during the Tech Bubble and it didn’t end well.
A little less than a month ago, I suggested new entries into Square Inc (NYSE:SQ) were a bad idea. While the company is actually doing quite well, Square stock itself appeared to be toying with a sizable pullback. Then just a few days later, proving that nothing is ever etched in stone, Square stock also flight.
Cryptocurrency — or the crypto craze catapulting the values of cryptocurrencies, to be accurate — was stunning. The popular digital currency bitcoin rallied more than 500% between September and December last year. Riot Blockchain Inc (NASDAQ:RIOT) had shares soaring nearly 400% after the company reported it was looking at ways to get into the cryptocurrency business — without even really explaining how it was going to do so.
In the past 24 hours, Bitcoin has fallen, and so have Ripple and Bitcoin Cash, falling 18.8% and 14.9%, respectively. Ethereum, however, rose 10.5%.
A model to think about the progression from Bitcoin agnostic to a crypto buyer. I think most people will recognize themselves in one or more stages.
The mainstream arrival of blockchain technology has created a rising tide that is lifting all boats. Very similar to the behavior the market witnessed during the dot-com bubble, companies are simply releasing press releases with the word “blockchain” and their stocks are going crazy. Some companies are adding “blockchain” to their name. Long Island Iced Tea Corp. has officially changed its name to Long Blockchain Corp (NASDAQ:LTEA). Others are supporting blockchain technology within their existing business frameworks. Even some companies are scrapping their whole business model to focus on blockchain.
Bitcoin and related futures were relatively steady Thursday even as federal financial regulators warned of cryptocurrency risks and Merrill Lynch reportedly banned Bitcoin-related investments. Chinese state media lashed out at Bitcoin.
Yahoo Finance's Seana Smith, Dan Roberts and Dion Rabouin on George Soros buying stake in Overstock.com and his stance on blockchain.
Yahoo Finance’s Seana Smith, Dion Rabouin and Dan Roberts on Charlie Munger calling the Bitcoin craze “totally asinine” and urging regulators to tackle the issue.
Yahoo Finance's Jared Blikre joins Myles Udland from the floor of the New York Stock Exchange to break down the latest market action.
Yahoo Finance's Jared Blikre joins Alexis Christoforous from the floor of the New York Stock Exchange for the latest on the markets.
Jamie Dimon retracts a harsh condemnation of bitcoin as three bitcoin ETF registration applications are withdrawn from the Securities and Exchange Commission. Yahoo Finance's Seana Smith and Jared Blikre breaks down the latest market action from the floor of the New York Stock Exchange.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action in the cryptocurrency that's also a network that's also a protocol — and that the founders say wasn't meant to be an investment at all (unlike bitcoin, of course).