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Tesla stock rallied above $2,100 on Wednesday. Jeffries more than doubled their TSLA price target to a new high of $2,500 What’s really going on in this incredible stock? If Elon Musk thought Tesla (NASDAQ:TSLA) stock was too high at $750, what are Wall Street analysts doing calling for $2,500? The answer is fueling a speculative bubble, and desperately marketing a stock split to feed the retail crowd. Tesla Booms as Bull-Bear War Rages Tesla is on a historic run. After plumbing the depths of despair earlier in the year,…
Joe Biden leads Donald Trump in the polls, but the president is trouncing his challenger in another respect. Six times more C-SPAN viewers tuned into the RNC on Monday than watched the first night of the DNC. They represent a remarkably large, politically and geographically balanced sample group that includes a lot of moderate voters. Two days in, reaction to the 2020 Republican National Convention has ranged on a spectrum from disgusted to captivated. One C-SPAN caller identifying himself as a lifelong Democrat said he’s changing his vote to Donald…
President Trump recently claimed that Huawei poses a threat to U.S. national security. He’s correct; the company could prove to be a useful tool for the Chinese government if tensions between the U.S. and China escalate dramatically. Crippling a nation-backed entity that poses a threat to security is the right thing to do. Before the COVID-19 pandemic gripped the world and crushed economies, the U.S.-China trade war grabbed all the headlines. After almost a year of back and forth, there is no agreement on a trade deal between the two…
Akon has joined bitcoin entrepreneur Brock Pierce’s 2020 campaign to become the president of the United States. Akon will serve as the chief strategist for the Pierce campaign while building his “futuristic” Akon City in Senegal, Africa, that will be run on the akoin cryptocurrency. Akon: The Chief Strategist for Brock Pierce’s 2020 Presidential Campaign The two time Grammy Award-nominated artist and crypto entrepreneur Akon, whose full name is Aliaume Damala Badara Akon Thiam, has joined independent candidate Brock Pierce’s 2020 presidential campaign. Pierce, an early bitcoin adopter who founded…
Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week our 6 Questions go to Rob Viglione, co-founder of Horizen. Rob is the team lead at Horizen, a blockchain platform that aims to enable an application-rich and inclusive ecosystem through leading-edge sidechain solutions. He’s also the CEO and co-founder of Horizen Labs, a company that builds blockchain solutions for businesses. Formally a trained physicist, mathematician,…
Cryptocurrencies, especially Bitcoin, are a frequent target for cybercriminals. Virtual currency is prone to attacks and illegal mining from hackers or hacktivists worldwide. That happens because federal laws do not yet protect digital currencies. Businesses that operate with any cryptocurrencies can save themselves a lot of money, reputation tarnished beyond repair, and potential legal actions with a simple risk assessment. Here is what you should know about it. How Can Risk Assessment Help Your Company? Risk assessment can tell you a lot about your current cybersecurity situation and where you stand. Some companies,…
Yesterday, Bitcoin suffered a crash that took the asset back down to $11,107 at the low on Coinbase. After a small rebound leaving a wick behind, BTCUSD closed the daily back inside the Bollinger Bands, potentially preventing further downside. It has the indicator’s creator on the lookout for an “upside reversal” in the first-ever cryptocurrency before initiating a long trade. But what exactly should traders and investors look for to signal that an upside reversal is taking place? John Bollinger Calls Out Potential BTCUSD Upside Reversal After Fall To Bottom…
The fund is the latest example of Wall Street veterans cozying up to bitcoin in their rhetoric and capital allocations. Original
A hacking operation that is allegedly backed by North Korea has been reported to be targeting blockchain and cryptocurrency employees through LinkedIn. Malware Infiltrates LinkedIn The group of cyber hackers, Lazarus, has been growing their online presence through their huge cyber-attack operations. Since 2017, Lazarus ransomware group has accumulated over $571 million in stolen cryptocurrencies. According to a report by Finnish cybersecurity firm F-Secure, the latest cyber-attack from Lazarus was conducted through the professional employment-oriented digital platform LinkedIn. Lazarus hackers targeted a blockchain and crypto industry employee through a phishing message. The digital text was presented as a legitimate blockchain job offer and an MS Word document with the…