Bitcoin Breaks $13,000 As Rally Continues
06/26/2019 9:18 AMBTC broke the $12,000 level earlier today, and has continued surging to trade at $13,252 at press time. The leading coin has gained over 16% on the day. Today, Bitcoin’s market dominance climbed to over 60% for the first time since April 2017. Bitcoin’s recent rally...
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VCs Are Pouring Billions Into Cannabis As Legalization Looms
06/26/2019 9:11 AMWith marijuana still classified as a Schedule I drug by the U.S. federal government, few institutional investors have been willing to write checks to cannabis companies. Despite the barriers, this hasn’t stopped the rise of a new clique of sector-specific firms that...
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The Golden Asteroid Worth $700 Quintillion
06/26/2019 8:28 AMWhether it was the Big Bang, Midas or God himself, we don’t really need to unlock the mystery of the origins of gold when we’ve already identified an asteroid worth $700 quintillion in precious heavy metals. If anything launches this metals mining space race, it will...
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The Tax Take Never Ends
06/26/2019 6:17 AMAfter paying income tax, sales tax, gas taxes and a host of other taxes with what's left over some people chose to buy a home. Be warned - big government advocates want a chunk of that...
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China Launches World’s First Smart Oil Tanker
06/25/2019 8:56 AMChina unveiled the world’s first intelligent Very Large Crude Carrier, which will have a capacity of more than 2.257 million barrels, China News Service reports, adding that the vessel, named New Journey, was delivered to China Merchant Energy Shipping Co. in Dalian....
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Tech’s hottest IPOs of 2019 plummeted yesterday, will weakness continue?
06/25/2019 8:51 AMThe market’s freshest technology stocks tumbled on Monday, performing worse than the major indexes and trailing the broader tech sector. Emerging tech companies have been some of this year’s best performers, but they now trade at revenue and earnings multiples that...
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Look Who’s Asking For Taxpayer’s Money
06/25/2019 6:12 AMThere is no such thing as "government money" only taxpayers' money. And the line is long to get a piece. Everyone seems to think - they get a chunk of dough, why not...
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Conventional Wisdom Says Higher Voter Turn-out is a Good Idea
06/24/2019 9:22 AMBut does getting people who are disengaged with little interest in the issues to vote really enhance democracy and strengthen our political decision...
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The Economy Is Both Booming And Headed For Recession
06/24/2019 9:01 AM"The economy at the moment is in a superposition of two states." A fixture of debates about the relative merits of Fed cuts in the current environment is the paradox of conflicting data, some of which suggests the US economy is rolling over, some of which suggests...
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Will Bitcoin Bounce Back?
06/24/2019 8:51 AMBitcoin has been doing very well in 2019, as the cryptocurrency has already more than doubled from around US$4,000 at the start of the year to Monday getting close to US$11,000. It’s a big recovery. Many people thought that Bitcoin was dead after crashing in 2018...
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