Why the $66 Billion BB&T-SunTrust Merger is the First of Many Banking Shakeups

BB&T and SunTrust announced a blockbuster merger that will create the sixth-largest bank in the United States. The $ 66 billion all-stock merger will see the combined entity serve more than 10 million U.S. households. Also noteworthy is that this deal is the first of this magnitude since the infamous 2008 financial crisis. BB&T-SunTrust Merger Likely Means Employee Layoffs The deal, while being called a merger, entails BB&T acquiring SunTrust. SunTrust is moving its Atlanta operations to Charlotte, NC where BB&T is based. Charlotte will be the new headquarters. Bill Rogers is the CEO and Chairman of SunTrust, while Kelly King

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News – CCN

PayPal CEO Shades Bitcoin: ‘We’re Not Seeing Many Retailers Accept Cryptocurrencies’

By CCN.com: PayPal CEO Dan Schulman expressed skepticism about mass merchant adoption of bitcoin, noting that there are very few retailers that currently accept crypto. Schulman made the remarks Wednesday (Jan. 23) at the 2019 World Economic Forum in Davos, Switzerland. “We’re not seeing many retailers at all accept any of the cryptocurrencies,” Schulman told

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News – CCN

Too many people make a category error when it comes to Bitcoin. Bitcoin is not a tech play like Instagram where you have to constantly innovate to win. Bitcoin is a monetary play like gold where stability and security are what make it valuable.

Too many people make a category error when it comes to Bitcoin. Bitcoin is not a tech play like Instagram where you have to constantly innovate to win. Bitcoin is a monetary play like gold where stability and security are what make it valuable. submitted by /u/Bitcoin_21
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Bitcoin – The Currency of the Internet

The flood of fud-trolls continues unabated on r/bitcoin. There is a serious effort by many dedicated trolls to keep posting fud in every single thread. I notice right away because I have them tagged. This can’t be just ‘casual’, somebody is paying good money for that.

My guess: The financial whales that are making hundreds of times the money they pay for that, by pushing the price down and shaking the weak masses out of their coins.

Just HODL, and keep accumulating. These bearish periods are exactly the best times to buy.

submitted by /u/simplelifestyle
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Bitcoin – The Currency of the Internet