This Stock Exploited a NASDAQ Loophole to Gain a Staggering 3,000%(+) in Under 7 Days

Phunware is a company that has largely posted losses. According to the Wall Street Journal, the company lost almost $ 26 million in 2017 and another $ 3 million during the first half of 2018. Nonetheless, the last couple of months have seen wild trading for PHUN. PHUN Hits $ 550 A Share – With Most Outstanding Shares “Restricted” PHUN rose from a long-running average of $ 10 per share at the end of December to a blip 52-week of $ 550 by the middle of January. The problem? Only 144,000 shares were actually trading. NASDAQ requires a minimum of 1 million publicly available shares,

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News – CCN

Bitcoin Price Retreats Under $3,400: Here’s Why a Fall to the $2,000-Range May Be Inevitable

In the last 24 hours, the Bitcoin price has dropped from $ 3,505 to $ 3,322 by more than five percent against the U.S. dollar. The abrupt decline in the Bitcoin price led the valuation of the crypto market to plunge by over $ 10 billion in a three-day span. Major crypto assets such as Bitcoin Cash (BCH) and EOS (EOS) recorded large losses throughout the past week and was surpassed by Tether (USDT) in market valuation. Dropping Below $ 3,000 is a Possibility For Bitcoin Throughout the past three months, despite recording intense sell-offs at times, Bitcoin has defended the $ 3,000 support level

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News – CCN

Have the regulatory floodgates really just been opened? Wyoming just introduced a bill allowing banks to officially store and handle cryptocurrency UNDER SEC REGULATIONS. Those Banks can act ALL ACROSS THE UNITED STATES.

Being a regular cryptopanic reader I am used to shady, clickbaity or wannabe price-tweaking posts.

When I read "Wyoming drops biggest crypto regulation news ever." as headline I was like: yeah, sure. M00N S00N.

But as it was tagged Cardano, which I like a lot, and Cardano moved to this very Wyoming recently, I figured: why not treat yourself to some decent trash read.

And seriously, having been in crypto for some years, I was thinking: is this it? Is this really it? Can't be.

Long story short: I think it is, actually. It's just hidden in the worst headline in a repost (and overlongest twitter-monologue in original).

My sum up would be:

bill legitimates banks as official crypto storage and handlers. One twist of the wording of the bill is that it also gives crypto the same currency "rights" as fiat currencies in Wyoming. Other twist is that, the way it is put, it allows for the facilities, as they are defined as banks, to act all through United States, not only in Wyoming. It even fixes the lien issue.

Please read for yourself and tell me if I get this wrong. English is not my first language, neither is law my field of expertise.

Twitter-tirade by Caitlin Long (no joke) explaining the whole thing in (very much) detail (30+ consequent Tweets):

https://twitter.com/CaitlinLong_/status/1086367321738731520

News article – more brief than the Twitter-thing – but less detailed on the wider implications:

https://www.forbes.com/sites/darrynpollock/2019/01/18/wyoming-introduces-bill-offering-cryptocurrencies-legal-clarity-to-attract-blockchain-business/?ss=crypto-blockchain&utm_source=TWITTER&utm_medium=social&utm_content=2087367833&utm_campaign=sprinklrForbesCrypto#67492e6246d5

Let me know what you think.

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

Elon Musk under Fire: Why GM Could Pass Tesla as Most Valuable US Car Maker

Billionaire Elon Musk must be feeling the heat now that General Motors appears on track to surpass Tesla to become the most valuable US car maker for 2019. Tesla’s stock price plunged more than 12% Friday (Jan. 18) on heavy trading volume — suggesting a sell-off is in the making. As of this writing, TSLA shares

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News – CCN

On Thursday, the online retailer Overstock announced it would pay a part of its Ohio state business tax using Bitcoin. From “magic internet money” to a major business paying US taxes with it in under 10 years.

On Thursday, the online retailer Overstock announced it would pay a part of its Ohio state business tax using Bitcoin. From "magic internet money" to a major business paying US taxes with it in under 10 years. submitted by /u/Smilinmong
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Bitcoin – The Currency of the Internet