Newsflash: Bitcoin Price Smashes Past $3,700, How High Will it Go?

The bitcoin price smashed through $ 3,700 as the cryptocurrency market assembled one of its largest intraday recoveries in recent memory. Bitcoin had entered the US trading session on a minor incline and continued to inch upward throughout the morning. Shortly before 17:00 UTC, a wave of buy pressure hit the bitcoin markets, carrying the flagship cryptocurrency from $ 3,450 to $ 3,700 within a matter of minutes. The bitcoin price ultimately peaked at $ 3,711 before settling back down to a present value of $ 3,656. Bitcoin has been wrestling with bearish technical factors throughout the first two months of 2019, coming uncomfortably close

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Newsflash: Tesla Just Bought a Battery Maker for $218 Million in All-Stock Deal

Tesla Inc. announced one of its rare acquisitions Monday, of ultracapacitor company, Maxwell Technologies Inc., in order to bolster the Silicon Valley automaker’s battery technology as it ramps up production of the Tesla Model 3 sedan. The heavily indebted electric car company, whose CFO stepped down just four days ago, is making the acquisition in an all-stock deal. That should save Telsa’s cash for its other obligations in the near term, just as the company posted lack luster earnings that failed to meet expectations. Of the deal, Chicago-based Almington Capital quipped: What's another $ 40 million in net losses between friends?

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Newsflash: The Trump Curse? Vice Media Cuts 10% of Staff after HuffingtonPost & BuzzFeed Layoffs

The Brooklyn, New York-based news and documentary media giant, Vice Media LLC, is cutting 250 employees out of the company and closing down its flagship weekly HBO program, sources tell the Wall Street Journal. Vice is the latest major news media outlet in recent weeks to lay off hundreds of workers as part of massive downsizing to keep the companies afloat. A leaner organization is part of the company’s realignment of its entire global strategy. The 250 Vice employees comprise about 10% of the company’s workforce. HuffPo and BuzzFeed Layoffs “Difficult Changes” was the subject line of the email sent

Newsflash: The Trump Curse? Vice Media Cuts 10% of Staff after HuffingtonPost & BuzzFeed Layoffs by CCN

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Newsflash: Cryptopia Hacker Strikes Again, 2 Weeks after Stealing $16 Million in Crypto

Elementus, the blockchain data science firm which initially figured out that the Cryptopia hackers had gotten away with about eight times the amount reported, has another bombshell report regarding Cryptopia. The hackers who originally made off with some $ 16 million worth of crypto tokens have struck again after a 15-day hiatus. Elementus previously noted that many Cryptopia wallets were still vulnerable to attack. Elementus CEO Max Galka writes: Among the wallets affected are the 1,948 at-risk wallets https://github.com/elementus-io/cryptopia-hack we identified previously, some of which have continued to accrue funds as recently as today. The list also includes over 5,000 wallets

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Newsflash: Tesla Shares Nosedive After Major Analyst’s Consensus Turns to ‘Sell’

By CCN.com: Elon Musk and Tesla’s poor start to 2019 looks like it’s set to get worse. After news of a $ 1 billion debt balance and cost-cutting layoffs, analysts are adding to Tesla’s trauma. Tesla shares ended yesterday 1.11% down. Premarket moves showed a further fall for Tesla of over 2% as RBC downgrades the stock

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