Ousted former CEO of Overstock, Patrick Byrne, revealed via a regulatory filing on Wednesday that he offloaded his entire holdings in the internet retailer he’s been at the helm for since 1999. Continue reading Overstock Shares Crash as Former CEO Cashes Out – Goes All In on Crypto and Gold
The gaming powerhouse authored a tweet a little over an hour ago pushing its 5.5 million followers to invest in cryptocurrency. It’s brief, to the point, and on the surface-level an unequivocal thumbs up to the ever-changing and intriguing world of alternative currencies. Yes, we’ve entered an alternate reality where the world’s biggest companies have finally seen the light and are going all-in on crypto. Continue reading EA Wants You to Invest in Crypto, or Does It?
The largest bank in Venezuela, the state-owned Bank of Venezuela, appears to have launched services to facilitate transactions in the country’s state-issued oil-backed virtual currency, the Petro. Continue reading Record Bitcoin Trade in Venezuela as Top Bank Launches Petro Services
In regards to risk, bitcoin is nothing more than pure gambling. Worse, bitcoin gamblers face odds that are worse than found at even the worst table games in Las Vegas. It is worth nothing. Continue reading Trading Bitcoin Is Like Gambling in Vegas. But With Worse Odds
The bitcoin price might have broken back above the $10,000 level today, but one notable trader isn’t impressed. Speaking on CNBC, crypto investor Brian Kelly, who is usually the biggest bitcoin bull in the room, made it clear that he has turned bearish on BTC/USD despite its recent bounce. Longer-term, however, Kelly still believes there is a “generational buying opportunity” coming in bitcoin. But he doesn’t see it just yet. Continue reading BRIAN KELLY IS SHORT-TERM BEARISH BUT SEES ‘GENERATIONAL OPP’ IN BITCOIN