Cryptocurrencies, the Week in Review $BTCUSD, $ETHUSD,$XRPUSD Most all of the Top 10 digital currencies by market cap posted gainers, with some coins seeing dramatic increases in value quickly. Industry leader Bitcoin is trading above 6,700 as of 1:00p EDT Friday, that marked a gainer of 4%+ from that time 1 day prior, according to data […]
Bitcoin (BTC) Briefing, Cryptocurrencies Making Gains Across Industries $BTCUSD, $ETHUSD, $USD, $MS In the market The talk in the cryptocurrency industry last surrounded Ethereum (ETH) as participants stand by and await the next stage of the digital coin’s development. The protocol also served as the starting point for a new fully regulated USD based stable-coin. […]
Bitcoin (BTC) Saw 3 Losing Sessions Running as of Friday $BTCUSD Bitcoin cannot regain losses even after ‘Goldie’ denies calls it’s halting plans to open a crypto trading desk Fake News Digital currency markets saw another losing session, with most major coins in the Red late Friday. Currently, Bitcoin is trading at 6,447.89, +36.11, or +0.5632%, as […]
Cryptocurrencies Down for a 2nd Day Running $BTCUSD, $ETHUSD, $GS Cryptocurrency prices traded sharply lower for a 2nd day running as the fallout from the report that Goldman Sachs has put the brakes on plans to launch a cryptotrading desk persists. The price of 1 Bitcoin, the world’s largest digital currency, fell by more than […]
The SEC Continues to Disapprove Bitcoin ETF Proposals $BTCUSD Again, the SEC has disapproved more proposals for Bitcoin ETF. The latest rejection has seen 8 bids turned down by the authorities; 2 from Proshares that would have tracked Bitcoin futures, another from GraniteShares and 5 more from Direxion. The SEC said that Bitcoin ETF markets […]
Cryptocurrencies Trading Shifts From US Exchanges, Prices Fall $BTCUSD, $ETHUSD It is being reported that some big cryptocurrency exchanges may be starting to regret snubbing the alternative small coins. Bitcoin (BTC) is holding up better than smaller crypto coins in this year’s downtrend, but these tokens are boosting crypto exchange volume in a languishing market, […]
Bitcoin (BTC) the Pain Extends… $BTCUSD Friday all major digital coins posted losses. Bitcoin BTCUSD, -1.26% the world’s largest digital currency, was last changing hands at 6,385.77, down 1.9% since Thursday at 5:00 on the Kraken cryptocurrency exchange. The outlook for Bitcoin is weal. This chart is grim meaning there a way to go before this over. During […]
Bitcoin (BTC) Tapping at its 3-Week Lows $BTCUSD Bitcoin prices traded firmly lower Monday, after the digital currency at the weekend fell below 7,000. Currrently, Bitcoin is trading at 6,942.9448, -134.85, or -1.91%, as of 4:12a BST, the market is open. Since Friday’s high, the world’s #1 digital currency has lost $10-M in value, according to data […]
The Market in Cryptocurrencies is Uncertain and Volatile $BTCUSD Cryptocurrency fortunes have reversed. Just recently it seemed that digital tokens like Bitcoin were coming out of a long decliner. BTC, which was ranged within about 6,000 and $7,000 for many weeks, managed break out and rose beyond $8,000 for a short period. Last week prices […]
‘Goldie’ says, Expect Further Declines in Cryptocurrencies $BTCUSD, $ETHUSD, $GS, $WFC Cryptocurrencies do not fulfill any of the traditional roles of a currency, says Goldman Sachs Bitcoin is looking to consolidate the recent momentum that has seen the # 1 digital currency rise by more than 40% since the beginning of July. Monday afternoon’s declines […]
How to and Where to Buy Bitcoins $BTCUSD Cryptocurrencies have been met with skepticism, Warren Buffett and JPMorgan Chase’s Jamie Dimon, both have rebuked it. The Bitcoin investing has cooled, but its future is bright. The Big Q: So how exactly do you go about getting a piece of the digital age currency? How do I buy Bitcoin? The […]
‘Big Blue'(NYSE:IBM) Partners with Stronghold for New Digital Coin $IBM Tuesday, IBM aka Big Blue (NYSE:IBM) announced that is backing a new cryptocurrency pegged to the USD, in a partnership with US-based financial services provider Stronghold that adds stability to a sector known for its volatility, the companies said. Dubbed the stable coin, Stronghold USD, […]
Financial Advisors Have to Take Notice of Cryprocurrency Investments $BTCUSD, $ETHUSD Perhaps the most interest among everyday investors in several years are cryptocurrencies like Bitcoin or Ethereum. But, the majority of financial planners are less excited. Wirehouses including: UBS (NYSE:UBS), Merrill Lynch Bank of America (NYSE:BAC) and Morgan Stanley (NYSE:MS) have forbidden their advisors from buying and selling […]
The Bottom Line on Bitcoin Investing $BTCUSD The huge Bull run in Bitcoin’s price into the end of Y 2017 got lots of people interested in the cryptocurrencgy the likes of which had never been seen. And although Bitcoin’s price has corrected from its peak near $20000/ea, interest in Bitcoin investing is still very high. […]
China’s Ban on Cryptocurrency ‘Killed’ Bitcoin Trading $BTCUSD China’s central bank has hailed it’s cryptocurrency crackdown a complete success. Declared by the People’s Bank of China (PBoC) and reported by state media, data apparently shows that the Chinese currency is now involved in less than 1% of all Bitcoin trades worldwide. The Big A: How did this happen? […]
Bitcoin Domination or Hyperbitcoinization? $BTCUSD Hyperbitcoinization is a state in which Bitcoin is expected to become the world’s dominant form of money. The fact that the digital currency is socially wired should work to its advantage when it comes to exponential adoption. Cryptocurrencies enthusiasts expect Bitcoin to displace legacy paper (fiat) currencies and become the […]
Cryptocurrecy’s Use in Hedging Gaining Traction $BTCUSD Cryptocurrencies have lost 100’s of Billions in total market cap since December 2017, add to that continued confusion about its regulatory status in the US and elsewhere, we might expect that the nascent crypto hedge fund industry would be struggling. But, a report by CryptoGlobe suggests that this is not the case. In fact, the pace […]
Dutch ‘Speed Trader’ Jumps in Cryptocurrencies $BTCUSD, $ETHUSD The EU’s largest trader of ETFs has moved into cryptocurrencies, ignoring regulator’s cautioning consumers and institutions not to buy or sell digital currencies. The Amsterdam-based speed trader Flow Traders NV is making markets in the 1st exchange-traded notes based on Bitcoin and Ether. XBT Provider, an issuer of […]
Cryptocurrencies Plus $40-B in 2 Days $BTC, $ETH Cryptocurrency investors continue to hope that the worst days for the industry are behind them. After several months of general decliners of very rough performance, several of the Top digital tokens climbed by a sizable margin in the past few days. Notably, over a 48-hr frame in the 1st […]
Bitcoin Bounced Off of its 2018 Lows $BTCUSD Monday, Bitcoin bounced up from it Y 2018 lows and breaking out of a 2-month downtrend. The world’s #1 cryptocurrency’s price jumped 12% from Friday, its biggest intra-day rise since April. Bitcoin had fallen as low as 5820.79 Friday, and moved higher at the weekend (Bitcoin trades […]
Thailand Has New Pioneering Rules Covering Cryptocurrencies $BTC, $ETH Thailand’s leadership, innovation and clear rules has it right in the middle of the Cryptocurrency market Regulators around the world have grappled with the issue of what category digital currencies and assets fall into, Thailand has skipped that debate. Instead, Thai authorities wrote a new law to cover […]
Polychain and the Future of Digital Assets $BTCUSD, $ETHUSD, $CME, $CBOE Today it is mostly crypto enthusiasts and technologists trading their assets. Tomorrow it will mostly institutions trading crypto assets. The professional traders have taken over from the ‘hobbyists’ Earlier this year, Polychain became the 1st crypto fund with more than $1-B in assets under […]
Goldman Sachs (NYSE:GS) May Extend Digital Assets Trading $BTCUSD, $GS, $CME, $CBOE The price of cryptocurrencies rebounded Wednesday on reports that Goldman Sachs (NYSE:GS) may expand the digital assets that it intends on trading on its cryptocurency platform signaling renewed optimism in the nascent market. Currently, Bitcoin is trading at 6,749.2549,+118.38, or +1.79%, as of 2:39a […]
Bitcoin (BTCUSD) Drifting at Break-even Marks on SEC Comments $BTCUSD, $CME, $CBOE Tuesday, most digital currency prices traded back near the breakeven marks reached after the Securities and Exchange Commission (SEC) last week declared that Bitcoin and Ether (ETH) do not warrant the regulatory scrutiny that traditional securities are subjected to. The SEC stance was […]
Bitcoin (BTCUSD) Traded Flat on the Day $BTCUSD,$SQ, $IBM, $MSFT, $AMZN, $ORCL Monday, Bitcoin continued traded near and around $6,500 in a low-volume session. Total 24-hr trading volume was only at about $3.4-B into Monday afternoon, marking a 4th-straight day that volume hasn’t topped $4-B. Currently, Bitcoin is trading at 6,709.9951,+268.18, or +4.16%, as of 5:59a […]
On the Cusp of a Digital Payments Disruption $IBM, $PYPL, $S, $V, $BTC, $USD There is a huge, under-served world market for cryptocurrency, the World Bank (WB) statistics that indicate 2-B or more people worldwide are not banked, as well as by FDIC data that shows more than 23-M Americans are either unbanked or under-banked. […]
Jack Dorsey on Bitcoin: “It is the Currency of the Future” $BTCUSD, $TWTR, $SQ Jack Dorsey, speaking to a crowd of cryptocurrency enthusiasts, declared that he is in sync with their view that digital currencies are the way of the future. “The Internet deserves a native currency; it will have a native currency,” Mr. Dorsey, […]
Billionaire Founder/CEO of Twitter and Square, “Bitcoin will replace the Dollar” $BTCUSD, $TWTR, $SQ Twitter (NYSE:TWTR) CEO Jack Dorsey predicted that Bitcoin (BTCUSD) will eclipse all the world’s currencies in about 10 years . But the newly nominated new head of the New York Federal Reserve disagrees. In a speech Friday, the current San Francisco Fed President […]
The Week in Cryptocurrencies $BTCUSD Cryptocurrencies are rising after a full Quarter of basing, as a group they roses on the week, as Tax Day in the US passed. Bitcoin the largest digital currency by market cap, is at its highest marke since late March. Currently, Bitcoin is trading at: $8,800.0146, -130.091, or -1.46%, at 8:57p […]
Bitcoin Rallied, Now Trading Above $8,000 Again $BTCUSD Post-US Tax Day Rally Underway The price of just 1 Bitcoin jumped back above $8,000 early Wednesday, erasing a Tuesday loss that saw the No. 1 digital currency shed $200 in 20 mins. Speculation is that that decline was the work of 1 or 2 large sellers, […]
Bitcoin Saw a Quick Dip After 7 Up Market Days $BTCUSD Tuesday 17 April, Tax Day in the US, saw a fast dip with 1 big seller disposing of which could have been the result of what is though to be 1 seller dumping $50-M worth of the digital currency. The balance in an anonymous digital […]
Bitcoin Traders Looking at Fundamentals in Here $BTCUSD Monday, Bitcoin was stable after dipping below $8,000 early, as traders saw signs of a increasing demand for the digital currency. Bitcoin bounced from its intra-day low of low of $7,900.3 Monday. Currently, Bitcoin is trading at: 8,042.9048,-48.1001, or -0.59%, as of 2.04a BST, the market is open. The […]
Bitcoin: IRS says ‘Less than 100 people have reported holdings so far’ $BTCUSD The Big Q: What will be the impact of last years digital currency boom be on US tax payers? Notably, Germany has declared Bitcoin Tax Exempt. In Y 2017, cryptocurrencies became among the very trendiest investment opportunities. And, after much debate and […]
Cryptocurrency Trading Spikes in Japan $BTCUSD Japan’s financial watchdog agency has released data about the crypto boom in the country for the 1st time ever. The report from Japan’s Financial Services Agency (FSA), translated by Coindesk, indicated that at least 3.5-M people were trading on 17 domestic exchanges as of end of March 2018, solidifying Japan’s position as […]
Blockchain, “No One Can Own of Control It, Everyone Can Use It” $BTCUSD, $ETHUSD, $IBM, $GOOG, $JPM, $USB, $WMT, $SPOT Blockchain is a technology that no one can own or control but anyone can use, it is the platform for Cryptocurrency. Blockchain as applications for just about any enterprise involved in record-keeping, documentation, registrations and […]
Goldie Sees Bitcoin Falling Below February Lows $BTCUSD Bitcoin, the world’s largest cryptocurrency by market capitalization, continues its volatile run as it again falls below its $10,000 price 1st reached at the end of Y 2017. Despite its more than 50% loss since highs reached in mid December, the digital coin is still up about 650% over the […]
Goldman Sachs (NYSE:GS)Buys into Digital Currency $BTCUSD, $GS Bitcoin rose back to $10,000 as the purchase of one of the bigger digital token exchanges by a more established financial services company bolstered expectations for wider mainstream acceptance of cryptocurrencies. Circle Internet Financial Ltd., a closely held firm backed by Goldman Sachs Group Inc.(NYSE:GS), said it […]
Blockchain, Bitcoin Ushering in a New Age in Retail Spending $BTCUSD, $SBUX, $AMZN Starbucks (NASDAQ:SBUX) Chairman Howard Schultz has said in the past that retail was going to witness “a seismic change” in consumer behavior because of technology, most notably the Amazon (NASDAQ:AMZN) effect and the explosion of e-Commerce. “I think if you look at […]
Gold and Silver are Going Digital $GLD, $SLV, $BTC Blockchain technology may help keep track of the roughly $200-B of the precious Yellow metal dug from remote mines, traded by middlemen and melted down by recycler’s that is sold each year to buyers scattered around the world. The London Bullion Market Association (LBMA), which oversees […]
Forex Morning Briefing: Bitcoin Opens 2018 Soft $BTCUSD,$CME,$CBOE For the 1st time since Y 2015, Bitcoin, the world’s biggest the cryptocurrency, began a New Year by declining, extending its slide from a record $19,511 reached on 18 December 2017. Currently Bitcoin is trading at: 13,274.9453, -325.029, or -2.39%, as of 6:41a GMT, the market is open. On […]
Forex Morning Briefing: Bitcoin Bounced Briefly, Faded Then Gained Momentum $BTCUSD Tuesday, Bitcoin bounced briefly to above $16,000 as traders of the world’s biggest digital currency played the Fibo line of its 5 day 44% correction. The tokens rose to as much as $16,132.09 and were poised for the biggest gain on a closing basis […]
Caution, “I Wouldn’t Touch Bitcoin, Risk of Collapse Too Big” $BTCUSD,$USB, $UBSH Over the past year, Bitcoin, a digital cryptocurrency with no physical backing that can be sent electronically from one user to another, has risen in value more than 1,400%. Elliott Prechter, Head of Computer Analysis at Elliott Wave International, recommended Bitcoin to subscribers […]
Bitcoin Leads to ‘Revolution’ in Commodity Trading $BTCUSD, $IBM, $UBS The rise of Bitcoin is amazing the world’s financial gurus, and now blockchain, the digital-ledger system is set to do the same in Y 2018 for trading in raw materials commodities, as it is being adapted to streamline physical transactions. Two months ago 4 banks joined […]
Bitcoin Bulls Charging Past $16,000 Burdens Exchanges $BTCUSD, $CME, $CBOE Bitcoin surged past $16,000 for the 1st time Thursday, with demand to trade the cryptocurrency buckling one of the largest exchanges. Bitcoin’s rally of more than $3,000 in the past 24 hours continues to defy skeptics, as mainstream demand for the world’s largest cryptocurrency explodes. […]
Bitcoin Bears Have Sharp Teeth, Big Appetites and Deep Pockets The Data Show That Nearly 50% of ICO Investors are Europeans $BTCUSD $CME, $CBOE Nearly 50% of the cash that has poured into newly issued ICOs (cryptocurrencies) in recent years has been raised in Europe, research published Thursday showed. The report by Atomico, one of Europe’s […]
Dubai’s Annual Innovation Showcase This year’s GITEX Technology Week proved to be a Key barometer of the Emirate’s progress in becoming a Digital Hub Again this year’s GITEX Technology Week in Dubai was a showcase of the latest and greatest innovations from the world over. Dubai Police drew international headlines with a hover-bike produced in […]
The Big Q: Will Bitcoin End this Year at $10,000? $BTCUSD Hedge fund manager Mike Novogratz, 52 anni, is starting a $500-M fund to invest in cryptocurrencies, and he says the Bitcoin rally still has legs. After surging more than 7X since December 2016, the largest digital currency will end the year at $10,000 from […]
Goldman Sachs’ CEO, “We Cannot Dismiss Bitcoin” $BTCUSD, $GS, $JPM, $CME, $GBTC, $AMZN Goldman Sach’s CEO Lloyd Blankfein is keeping his ‘powder dry’ on Bitcoin the fast moving #1 cryptocurrency. The Goldman Sachs Group Inc. (NYSE:GS) Chief says he is not willing to reject the digital currency just yet and does not hold any investments in […]
Singapore Will Not Regulate Cryptocurrency $BTCUSD Singapore does not plan to regulate cryptocurrencies such as Bitcoin, but will remain alert to money laundering and other potential risks stemming from their use, the head of the country’s central bank said. “As of now I see no basis for wanting to regulate cryptocurrencies,” Monetary Authority of Singapore […]
Bitcoin Tapping at 6,000, Traders Ignore Pitfalls $BTCUSD Bitcoin closed in on another milestone Friday, as the digital currency approached $6,000 for the first time to put its gain in 2017 to more than 500%, and is currently trading at 5,974.01, +342.94, or 6.09% on the day. As Bitcoin continues rise, people are speculating that […]
Digital Currencies (aka Crypto’s) Are Stronger Than Ever $BTCUSD Bitcoin prices, up over 400% YTD, hit $5,896 Saturday. While Bitcoin is the largest crypto currency, 11 other coins have a market cap in excess of $1-B, demonstrating diverse trading options. Bitcoin’s dominance is still felt across the market, it is the main currency traded against […]
Bitcoin Surges Past $5,000 $BTCUSD $JPM, $GS, $GOOGL Bitcoin’s surge has divided the financial community between those convinced it is a bubble on the verge of popping. Questions being asked on Wall Street and Main Street about speculation on Bitcoin after the digital currency breached 5,000 for the 1st time, pushing this year’s gains to more […]
ICOs ALERT: SEC CYBER UNIT and TASK FORCE ICO With increased attention to how securities laws may apply to digital token sales and the disruptive nature of increased cyber threats to the investor community, the Securities Exchange Commission (“SEC”) last week announced two new initiatives. The SEC’s press release, found here, outlined the creation of the […]
‘Goldie’s’ Boss says, “Keep an open mind on Bitcoin” $BTCUSD, $GS, $JPM Goldman Sachs Group Inc. (NYSE:GS) CEO Lloyd Blankfein said he is keeping an open mind on Bitcoin after a media report that the investment bank was exploring a new trading operation dedicated to cryptocurrencies. Follow Lloyd Blankfein ✔@lloydblankfein Still thinking about #Bitcoin. No conclusion […]
Bitcoin Traders Defy PBOC Crackdown $TECHY Just a few weeks after the PBOC banned fundraising through token launches and ordered some Bitcoin exchanges to shut, casting a chill over the cryptocurrency industry, Chinese traders say that the market is far from dead. While several exchanges announced that they will close Saturday, 30 October, traders have […]
Bitcoin Trading Applications Snagged at SEC $BTCSD, $ICE An effort to allow investors to trade digital currencies as easily as stocks stumbled when backers withdrew 2 proposals to list Bitcoin funds. Intercontinental Exchange Inc.’s (ICE) NYSE Arca exchange Wednesday withdrew an application with the US Securities and Exchange Commission (SEC) to list Grayscale Investments LLC’s […]
Our Eyes are an Engineering Marvel, Protect Them $AAPL Digital Eye Strain Is Destroying Your Eyes Here is how to identify it, protect yourself, and begin reversing the impact. Eyes are a marvel of biological engineering; small and powerful, they drives our thoughts, actions, and behavior. It is how humans, mostly experience the world. We obtain new […]
Bitcoin is an Experiment About “The Payday” Not its Potential as Money $BTCUSD, $IBM Cryptocurrencies are not a store-of-value or a safe-haven for anyone’s money or assets. In the beginning, Bitcoin was something of a revolution to me. The digital currency represented everything from my rebellious youth. It was a decentralized, denationalized, and digital currency […]
Bitcoin Buyers Must Report Gains to IRS $BTCUSD As cryptocurrency comes to the forefront with more investors participating, it is important to be aware of the tax issues. As cryptocurrency comes to the forefront with more investors jumping aboard, it is important to be aware of the tax issues and how to report gains accurately […]
TechCo’s Ignore SEC Warnings on ICOs Some technology companies looking to raise money by issuing digital coins are moving ahead with plans despite an SEC decision that their offerings may well be subject to toughen US securities laws. Such ICos (initial coin offerings) have helped startups to raise $1-B YTD, but until last week it […]
SEC Set to Crackdown on Digital Currency Operators $ETHUSD, $BTCUSD Tuesday, Wall Street’s main regulator said that ICO’s (initial coin offerings), a means of crowdfunding for blockchain technology companies, should be subject to the same safeguards required in traditional securities sales. ICOs have become a bonanza for digital currency entrepreneurs, allowing them to raise millions […]
Bitcoin (cryptocurrencies) Emerges as a New Asset Class $GLD, $USD, $BTC No asset has evolved from concept to storing billions of dollars as fast as Bitcoin. In the 7 years since inception, a robust ecosystem has developed. Retail traders have the infrastructure to drive over $1-B in daily liquidity while professionals can access tailored financial […]
Marijuana Entrepreneurs See Bitcoin as Banking Answer Legal marijuana companies are turning to Bitcoin, the world’s most popular digital currency, in an effort to get rid of all its cash, as banks stay on the sidelines. The inability to access traditional financial institutions is 1 of the marijuana industry’s biggest impediments. Legal cannabis was a […]
Protect Yourself in the Age of Digital Banking $USB, $TGT In January of this year my laptop was hacked, on it was all of my banking information, my super bank caught it immediately and its safeguards protected me, my personal banker was invaluable then and is now, I am very grateful. Nevertheless, it was a […]
Bitcoin (BTC) All Time High Highlights: Two days after breaching $1,700, Bitcoin continued its surge, trading through $1,800 Coinify Deal Adds 3000 Merchants to Bitcoin Network Chinese Bitcoin Exchanges May Resume BTC Withdrawals Bitcoin Gets a Tax Cut in Australia’s 2017 Budget Japanese E-Giant Will Launch GMO-Z Bitcoin Exchange In Two Weeks. 1000 Ghs = […]
Bitcoin Spikes, Marks $1,700, + $1-B Market Cap in 24 Hrs The price of the volatile digital currency rose above $1,700 Tuesday morning, according to a price index by industry website Coindesk, with analysts contemplating what risks or Back Swans could scuttle its recent price run. “Over 1 year, the market capitalization for Bitcoin has increased […]
About 90% of Americans are “Addicted” to Their Digital Gadgets The Big Qs: Are you? Did your date check her e-Mail just as you were about to deliver a punch line? Did your friend reply to a text while you were describing a Key visual? Is your child so engrossed in whatever he is doing […]
Bitcoin Rings in the New Year, Spikes to $1022 Bitcoin, the digital currency, kicked off this New Year by moving above $1,000 for the 1st time in 3 years late Sunday, having outperformed all central-bank-issued currencies with a 125% rise in Y 2016. Bitcoin is a web-based “cryptocurrency” that has no central authority, instead it […]
F1’s New Owner, Liberty Media, to Expand the Iconic Brand $LMCA, $LBTYB New F1 Chairman, Chase Carey, Vice Chairman of 21st Century Fox says changes are in store for Formula 1 Formula One Group’s new Chairman Chase Carey said Sunday in Singapore that Liberty Media’s purchase of the world’s #1 motorsport is not solely aimed […]
The Many Reasons to Embrace Technology $FB, $GOOGL, $AAPL, $MSFT “The strongest force propelling human progress has been the swift advance and wide diffusion of technology.” — The Economist Some historical facts, as follows: In the year 1820, a person could expect to live less than 35 years, 94% of the global population lived in extreme poverty, […]
Digital Driven Healthcare Businesses Put “The People 1st” A digital shift in healthcare has paved the way for advances in automation, AI (artificial intelligence) and even surgical robots. Whether using a virtual human to capture patient intake data or sensors to monitor symptoms, digital technology is driving the industry forward. But concern exists that this technology […]
In Digital Readiness Singapore Ranks #1, US #5, UAE 26th A nation’s ability to take advantage of information and communications technology in order to increase its competitiveness and well-being depends on its readiness quickly to implement and adopt new technologies as they emerge. The World Economic Forum identifies this ability as network readiness, and in […]
China: Deep Pockets and Digital Trends Drive Consumption For foreign companies targeting the deep pockets of China’s growing middle class, understanding demand and consumption habits are Key. The future of consumption in China is digital, consumer-driven and aided by safe and secure mobile payment systems, according to attendees of the 3-day annual World Economic Forum […]
China, International Investors Confident about Economic Transformation The Fourth Industrial Revolution is driven by the increasing use of digital technologies and highly intelligent robots in the leading world economies. International investors are confident about China’s economic transformation, believing it can bring them good opportunities. Speaking on the sidelines of the ongoing World Economic Forum in […]
Millennials are the most “picky” Consumers in the US Just 1 in 4 (25%) US millennials are emotionally or psychologically attached to a brand, product or company, making the group the most picky consumers in the US, according to a recent Gallup survey. The survey comes at a time when businesses, media and corporations are […]
Where are You in this Digital World? Yesterday in a conversation with colleagues, I was reminded that our geographical location can be traced once connected to the Internet. We, the consumers of information via the latest gadgets have been told that the Internet marks the end of geography and distance. But, the reality reveals just […]
Bitcoin at 2 Yr High on Shrinking Supply Bitcoin runs to a 2-year high on speculation that the supply of the digital currency will shrink. The crypto-currency rallied to $696.5 Monday in Hong Kong, the highest since February 2014. It was trading at $689.23 as of 3:50p in Hong Kong, + 19% from Friday. Profits […]
GE (NYSE:GE), Saudi’s SAIIC Ink $3-B Deal to support new Saudi Vision $GE The J-V agreement will help expand the Kingdom’s local manufacturing sector The US industrial conglomerate General Electric (NYSE:GE) has signed a $3-B MOU (memorandum of understanding) with the Saudi Arabian Industrial Investments Company (SAIIC) to help develop the local manufacturing industry. Under […]
Ferrari’s President, “F1 must take full advantage of the Digital Era” $RACE, $TWTR, $FB, $FCAU Ferrari’s President Sergio Marchionne has criticized Formula 1 for its failure to take full advantage of the modern digital era and use social media to grow its audience Mr. Marchionne’s remarks come as Twitter (NYSE:TWTR) signed a multi-million dollar deal […]