Bitcoin Surges Past $16K: Will the Bubble Burst?


Cryptocurrency bitcoin soared to $16,777 on Thursday, reaching a market capitalization of $274 billion, according to Bloomberg’s composite of exchanges. That was up from just $10,000 last week, and up some 1,500 percent from the beginning of 2017. The latest price increases have come as bitcoin increasingly has been recognized as a legitimate form of currency. The Commodity Futures Trading Commission last week announced that it would allow the trading of bitcoin derivatives on the CME Group and CBOE Global Market exchanges.

The original article can be found here: http://www.ecommercetimes.com/story/84993.html?rss=1

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Making sense of Apple now that everything has changed

Apple shed more than $40 billion in market capitalization in mere minutes on Tuesday afternoon as the company reported its first revenue decline in more than a decade and its first iPhone sales decline ever.

The original article can be found here: http://www.foxnews.com/tech/2016/04/28/making-sense-apple-now-that-everything-has-changed.html

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Amazon Reaps What It Sowed


Amazon’s market capitalization on Friday reached $270 billion, surging past Walmart, following a surprisingly strong second quarter earnings report. That amounted to a $46 billion boost in investor confidence, with shares hitting a record high of $580.57.
Analysts had projected that Amazon would take a hit in its second quarter. Instead, it reported a profit of $92 million. Net sales were up 20 percent from last year. CEO Jeff Bezos credited some new initiatives for the company’s impressive results.

The original article can be found here: http://www.ecommercetimes.com/story/82311.html?rss=1

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