Social Media Hits a New Low With the Death of Ronnie Mcnutt CCN.com – News & Blazing Op-Eds Ronnie McNutt died by suicide on Facebook Live last night. The fact that he became a viral trending topic on TikTok is just plain gross. Social Media Hits a New Low With the Death of Ronnie Mcnutt CCN.com – News & Blazing Op-Eds Source
With investors buying the bitcoin dip and staying bullish on options, CoinDesk’s Markets Daily is back for your latest crypto news roundup! Despite bitcoin shedding over $2,000 in the last few weeks, the “buy the dip” mentality in the market still appears strong. Bitcoin’s options market retains long-term bullish bias despite the recent price pullback, data shows. SushiSwap experienced a tumultuous weekend after its founder sold $13 million worth of his stake in the project before turning the reins over to investor and FTX CEO Sam Bankman-Fried. Original
Bitcoin is once again trading down at its crucial $10,000 support level. Earlier today, bears attempted to invalidate this support when they pushed it to $9,900, but the cryptocurrency was able to rebound from these lows. Analysts are now conflicted on where BTC will trend next, as a continued defense of $10,000 would be bullish, whereas a sustained dip below it would be a grim sign for its mid-term outlook. The price action seen this morning has done little to offer clarity into the cryptocurrency’s near-term outlook. Although BTC is…
General Motors has taken an 11% stake in Nikola. The two companies are working on an all-electric pickup truck. This could provide the first meaningful competition for Tesla Motors. Shares of Nikola Motors are leading another poor day for the markets, as the company announced a partnership with General Motors. GM has provided $2 billion in equity for the electric vehicle company, and GM gets to nominate a director to Nikola’s board. GM and Nikola Tech Will Combine for Fuel Cells, Trucks In addition to equity and board seats, the…
Universal Basic Income is a hypothesized way to stimulate the world economy by providing citizens with a monthly stipend to cover their basic needs. The concept, which gained traction in 2019 thanks in part to the campaign platform of former Presidential candidate, Andrew Yang, has now made its way to the crypto sphere. Multi-asset trading platform eToro recently announced the official launch of GoodDollar — a non-profit initiative that plans to leverage decentralized finance as a means to offer a “digital basic income” to its users. Speaking with Cointelegraph, Yoni…
Ubisoft is working on two AAAA games, one of which is Beyond Good and Evil 2. The new terminology is referenced in several Ubisoft employee LinkedIn profiles. It’s unclear exactly what AAAA means, although Ubisoft appears to be embracing it. We’ve heard of AAA games, pumped out ad nauseam by the likes of Activision Blizzard, Ubisoft, and EA, but AAAA games? There’s something new. What that additional A represents is unclear, but according to LinkedIn details unearthed by an eagle-eyed fan, AAAA games are precisely what Ubisoft is working on;…
The previous police raid came after Seoul police allegedly directed initial investigations at Bithumb office on September 2. The biggest cryptocurrency exchange in South Korea Bithumb allegedly is facing a new police raid in Seoul. According to the Seoul Metropolitan Police Agency, there was an extra search administered as well as the seizure checks at Bithumb’s headquarters in the Gangnam District on September 7. A police official allegedly confirmed that the latest investigations are focused on securing extra evidence connected with the existing accusations versus the chairman of the board…
With support from big players in the industry, LN Markets can guarantee its customers top-notch trading capabilities. LN Markets, a trading platform that is built on top of the Lightning Network, has concluded a pre-seed funding round for an undisclosed amount led by crypto exchange Bitfinex among other investors. LN Markets leverages the Lightning Network hence solving issues on the scalability layer on top of Bitcoin, which enables instant and cost-efficient transactions. Win for Bitcoin, Bitfinex, LN Markets and Other Stakeholders With the ever-increasing gas fee every time there is…
The operators of the now-defunct MLM firm PlusToken allegedly spied on gullible investors, promising them handsome payouts if they invested in the token and, in turn, urged others to invest for a small “commission.” A month after the arrest of masterminds of the notorious PlusToken crypto scam, Chinese authorities have prosecuted the six of the chief masterminds among the arrested suspects. As revealed in a court filing released on Monday, The People’s Procuratorate of Xiangshui County, Yancheng City, prosecuted the defendants Chen Shaofeng, Liu Jianghua, Lu Qinghai, Jin Xinghai, Wang…
Tesla plunged in pre-market trading and extended its decline after the open. Tesla has now officially entered a bear market and will likely fall much further. The decline of Tesla stock will be hastened by company selloffs, an underwhelming Battery Day, and its declining market share. Tesla stock fell by as much as 19.7% Tuesday morning, as the electric-vehicle maker plunged into bear market territory. The stock bottomed at $335.99 on Tuesday before recovering around $360. Even at this price, TSLA still has a long way to fall. The company remains…