After exploring with the blockchain, the 20 year old company is going all in crypto by the 1Q of the next year. According to reports from The Wall Street Journal, CEO Patrick Byrne wants to sell the retail arm of Overstock by February.
“We think we’ve got cold fusion on the blockchain side,” he says.
Overstock aims to offer its old retail business for sale in the following couple of months to clear a path for a full bet on blockchain technology.
The CEO disclosed to The Wall Street Journal in a report distributed Friday that the deal could be … Read the rest
Bitcoin price stabilized today after the sharp decline in the past few days. At the time of writing the bitcoin price is hovering above $4,600 mark.
The Bloomberg headline about bitcoin today was: “Jamie Dimon and Warren Buffett Have the Last Laugh on Bitcoin”
It is not worth linking to it for the low-quality coverage Bloomberg is doing for the crypto industry, just citing what Jamie Dimon and Warren Buffet think about Bitcoin. Some comments that are worth to read about the Bloomberg article can be found here at abacusjournal.com
Other media narrative these days was: “Regulators are cracking down”, … Read the rest
Around $60 Billion has been wiped out from the overall crypto market cap in the last few days. Many experts think that with this decline the crypto market finally found the bottom or at least near it.
Characterized as a time of discouraged movement and feeling, the bear market has seen the price of bitcoin, the world’s biggest digital currency, decrease more than 75% from the ATH in December 2017. Since bitcoin makes up 50% of the whole market capitalization, it’s logic to state that the bear market may end when bitcoin bulls stop giving more ground to the bears.… Read the rest
The long crypto bear market which continues from 11 months till now, seems to be accelerating more the last days hitting the lowest levels of this year. We are probably in the 2014/2015 sentiment when everybody was talking about crypto capitulation. We see everywhere in twitter people claiming that their portfolio was completely destroyed and they are leaving the cryosphere permanently.
We already have seen the plebes leaving cryptosphere time ago, now it is the turn of the Holders to leave. This sounds perfect to crypto fund managers. This is exactly the sentiment that happens when the market is about … Read the rest
While everyone’s eyes are as yet stuck to the Securities and Exchange Commission in the United States to give a decision on the first Bitcoin ETF, Switzerland regulators already approved the first ETF. According to a report from Financial Times, Switzerland’s main stock exchange has given a green light to the world’s first exchange-traded product tracking multiple cryptocurrencies.
Bitcoin hit $20,000 last year in December and now the price drop under $5,550.
Last week one of the top central bankers in Europe Benoît Cœuré, brought a negative narrative upon bitcoin calling it “the evil spawn of the financial crisis” He … Read the rest
В век информационных технологий люди все больше интересуются работой, которая приносила бы им доход и которую можно было бы совмещать с любыми событиями в жизни. Когда ты работаешь в офисе 5 дней в неделю с 9 до 6, очень сложно заниматься творчеством, уделять время семье, быть в форме и всегда хорошо выглядеть. По этой причине все больше людей интересуют вопросы: “Как открыть свой бизнес?”, “Как заработать в интернете без вложений http://online-cash.info/rabota/kak_zarabotat_v_internete_bez_vlozheniy/?”.
Конечно, зарабатывать деньги только в интернете, чтобы хватало на хорошую машину, квартиру, красивую одежду и прочее, сложно, но можно начать с дополнительного заработка.