Bitcoin’s Ascent to $40,000
Bitcoin is officially the biggest bubble in the history of the world. But the mania is far from over! It could be on the way to $40,000 in the blink of an eye.
Healthcare & Pharma
Is This the New Martin Shkreli?
In 2015, when Martin Shkreli raised the price of Daraprim by over 5,000%, he was immediately dubbed “the Most Hated Man in America.” Well, a new contender just entered the ring.
Scary New “Hack” Targets Your Face
Machine-learning algorithms are cleverly downloading faces from social media pages like Facebook… and then uploading those faces to unsavory videos. This is the latest example of technology moving faster than our moral ability to use it.
The Impossible Bitcoin Prophesy
Bitcoin is now legit on Wall Street. On Sunday night at 6 p.m. EST, bitcoin futures began trading in Chicago. The early action didn’t disappoint, either...
Jail Time for Market’s Supervillain
The U.S. District Court in Detroit just sentenced the Volkswagen executive who tried to cheat environmental regulations. Oliver Schmidt was sentenced to seven years in the clink and $400,000 in fines. Of course, trusting the ethics of a company becomes a risk we assume as investors...
Alarming Study About the Future of AI
A new study by McKinsey & Co. indicates that — in a best-case scenario — one-third of the workforce in the U.S. will be replaced by AI after 2030. And robots are targeting one sector in particular: finance. Out of 300,000 jobs in asset management worldwide, 90,000 will be controlled by AI by 2025. Would you trust your money with a robot?
100 Trillion Reasons to Be Nervous About Stocks
One mystery trader just rolled over a massive volatility bet that could pay out $260 million if he’s right again. Can you blame him? He’s got seven-plus years of the bull trend on his side. Well, none of that means squat if you’re Goldman Sachs.
A Clever New Pyramid Scheme
As Bitcoin pushes north of $11,000, bubble talk continues to pervade. The loudest Bitcoin detraction I’m hearing is quite clever, actually. It’s the idea that Bitcoin is a pyramid scheme. Let’s take a deeper dive...
Bitcoin Goes Mainstream on Dec. 18
Sooner or later, mainstream interest in Bitcoin and cryptocurrencies was bound to explode. What amazes me is how quickly awareness changed from ignorance and hatred to adoration and unbridled bullishness. Here’s why the next stage of growth should begin on Dec. 18.
All Hail President Twump
Perhaps instead he’s a public relations nightmare for the notorious social media giant.
Five Reasons to Doubt a Coming Techpocalypse
Bitcoin to FAANG (Facebook, Apple, Amazon, Netflix and Google) stocks, it’s become the talking heads’ favorite daytime activity to opine about their imminent collapse.