Bitcoin is Nothing More Than ‘Bovine Excrement’: Berkeley Researcher

Bitcoin is Nothing More Than ‘Bovine Excrement’: Berkeley Researcher

Move over, Jamie Dimon, because there’s a new contender for the coveted title of “king bear of the bitcoin-bashing brigade”: technologist Nicholas Weaver. Technologist Nicholas Weaver Rants Against Bitcoin While he might not have the mainstream name recognition of Jamie Dimon, or Warren Buffett, or even Nouriel Roubini, Weaver – a senior researcher at the…

Binance CEO Zhao Morphs Into Bitcoin Grouch in Crypto Twitter Brawl

Binance CEO Zhao Morphs Into Bitcoin Grouch in Crypto Twitter Brawl

TweetShareBitcoin bull Changpeng Zhao, the CEO of Binance, has earned a reputation as an affable, laid-back guy enjoying the meteoric success of his popular cryptocurrency exchange. But is Zhao’s nice-guy persona merely an act?It seems that way, based on a testy Twitter exchange Zhao (who goes by “CZ”) had with several cryptocurrency reporters this weekend.Fake…

Despite Constant Controversy, Wall Street Backs Trump for 2020

Despite Constant Controversy, Wall Street Backs Trump for 2020

TweetShareCorporate America is backing Donald Trump to win the 2020 presidential elections despite the overhang of controversy that follows him around. Wall Street finds it impossible to look beyond Trump’s results in terms of GDP growth and record levels of low unemployment.Though the president has spent much of his first term struggling with the worst…

Despite Trump Jabs, Fed Rate Hikes May Be the Dow’s Saving Grace

Despite Trump Jabs, Fed Rate Hikes May Be the Dow’s Saving Grace

TweetShareComplaining about the Federal Reserve’s approach to monetary policy has been one of President Donald Trump’s favorite activities. However, as talk of recession picks up after a temporary inversion of the yield curve, Jerome Powell’s hawkish approach will be a tremendous asset to the U.S. globally. Meaningful stimulus can help put a floor under the…

Survey Claims Women Economists Still Victims of Sexism in the Workplace

Survey Claims Women Economists Still Victims of Sexism in the Workplace

TweetShareWomen may be fearless, but they’re still discriminated against in the workplace.A new survey by the American Economic Association (AEA) reveals that the professional climate for female economists remains a bit chilly despite the strides that corporate America is making toward a more level playing field. The AEA canvassed tens of thousands of economists between…

Rakuten Wallet Launch Announced: March 30, 2019

Rakuten Wallet Launch Announced: March 30, 2019

TweetShareRakuten Inc. just announced their intention to terminate “All Bitcoins Inc.” and launch their own “Rakuten Wallet” on March 30. Businesses launching crypto wallets is nothing new, following companies like Line, KIK and KakaoTalk. The news comes after Rakuten completed their filings as a virtual currency exchange company (VCEX.)The company stated:Rakuten Wallet will contribute to…

LAUGHABLE: Apple’s Big Idea Is… a Credit Card?

LAUGHABLE: Apple’s Big Idea Is… a Credit Card?

TweetShareWhat do you do if you are the world’s most valuable publicly traded company, but your stocks are down, sales have plateaued, and your signature product line is not delivering barnstorming results as it used to? Do you invest in R&D to develop a stunning new product or feature that will get your sales and…

Michael Avenatti Proves Stupid Really Is As Stupid Does

Michael Avenatti Proves Stupid Really Is As Stupid Does

TweetShareIf Michael Avenatti is going to shakedown a Fortune 500 company, he shouldn’t memorialize the stunt in a tweet.For all his brilliance, attorney Michael Avenatti – who represented porn star Stormy Daniels – has found himself in a legal mess that requires a whiteboard to explain. He’s been charged with three different felonies by two…