Ford Stock Struggles After US Auto Giant Reveals Aggressive Downsizing Plan

Ford Stock Struggles After US Auto Giant Reveals Aggressive Downsizing Plan Ford’s “smart redesign” will save billions by slashing 7,000 white-collar jobs, but the aggressive downsizing failed to rescue the firm’s struggling stock. | Source: ShutterstockBy CCN: Ford is in the throes of an $11 billion restructuring, which will cost 7,000 white-collar workers their jobs…

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F*ck Bitcoin: ‘Expert’ Says Startups Should Go All-In on Blockchain

F*ck Bitcoin: ‘Expert’ Says Startups Should Go All-In on Blockchain Startup expert Bernhard Schroeder argues that investors and businesses should ignore the Bitcoin hype and go all-in on blockchain technology. | Source: ShutterstockBy CCN: Bernhard Schroeder, an educational director of entrepreneur programs at San Diego State, implores entrepreneurs and investors to focus on the blockchain,…

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Bitcoin Beats Other Cryptos in ‘Smarter’ Bull Market, Says Billionaire Investor

Bitcoin Beats Other Cryptos in ‘Smarter’ Bull Market, Says Billionaire Investor Bitcoin’s dominance will only be more pronounced in this bull market and that’ll show in its value, according to Mike Novogratz. | Source: ShutterstockBy CCN: Mike Novogratz, the billionaire CEO of Galaxy Capital and a former hedge fund manager at Fortress Investment Group, believes…

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Facebook Unexpectedly Plants Its Flag in Crypto-Friendly Switzerland

Facebook Unexpectedly Plants Its Flag in Crypto-Friendly Switzerland Facebook has been unusually quiet about choosing crypto-friendly Switzerland to domicile Libra Networks, a blockchain-fueled fintech play. | Source: ShutterstockBy CCN: Facebook has reportedly set up a fintech company dubbed Libra Networks in Switzerland. The move clearly correlates with the social media giant’s Project Libra.According to Reuters,…

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Embattled OneCoin Denies Multi-Billion Dollar Ponzi Scheme Allegations

Embattled OneCoin Denies Multi-Billion Dollar Ponzi Scheme Allegations OneCoin fiercely denies being a Ponzi scheme, blaming inaccurate information stemming from media reports as the source of the problem. | Source: ShutterstockBy CCN: OneCoin execs are sick of being called a Ponzi scheme. Allegations of ripping off churches are false too, they claim.In a lengthy letter…

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Binance Launchpad Coins Fetch Eye-Popping Returns of 620% and 787%

Binance Launchpad Coins Fetch Eye-Popping Returns of 620% and 787% Despite Binance’s hack, these tokens that were hand-picked for token sales on Binance Launchpad are generating triple-digit percentage returns. | Source: ShutterstockBy CCN: Binance CEO Changpeng “CZ” Zhao in a tweet on Sunday congratulated Binance Launchpad projects for their spectacular returns.Projects that went through @binance…

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BitMax.io (BTMX.com) Announces Strategic Listing Partnership with DREP

BitMax.io (BTMX.com), the industry-leading next-generation digital asset trading platform, has announced the new listing of DREP (DREP) under the trading pairs of DREP/USDT, DREP/BTC at 10:00 a.m. EDT on May 21th, 2019. DREP is a Singaporean start-up committed to building “connectors” and “toolkits” based on blockchain technology. DREP – To Allow High Concurrency While No Confines of…

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Bitcoin Searches Rocket to 13-Month High Amid ’60 Minutes’ Hype

By CCN: Google searches for bitcoin have climbed to a 13-month high, in tandem with its price spikes following the brutal 2018 crypto bear market.Google Trends tracks search interest for certain terms. Interestingly, the countries that are leading the Google searches are not cryptocurrency powerhouses:South Africa.The Netherlands.Slovenia.Austria.Nigeria.Rising public curiosity over bitcoin isn’t surprising, given how…

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Bitcoin Price Boom Signals Massive Dystopian Panic Over 2019 Recession: Analyst

Bitcoin Price Boom Signals Massive Dystopian Panic Over 2019 Recession: Analyst The ongoing bitcoin price swell resembles panicking investors hoarding the crypto in anticipation of a recession, an analyst says. | Source: ShutterstockBy CCN: The sudden swell of Bitcoin’s price to $8,000 USD this year shows global recession fears are mounting. This according to Michael…

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