St. Martin Proposes TRON as National Blockchain Infrastructure and Legal Tender

St. Martin Proposes TRON as National Blockchain Infrastructure and Legal Tender

In a recent development, the government of the Eastern Caribbean island of St. Martin has proposed a law that would designate TRON as the country’s blockchain infrastructure and TRON-based cryptocurrency as legal tender for everyday usage. Member of Parliament (MP) Rolando Brison, who has been a vocal advocate for the integration of blockchain technology and … Read more

Technology Stocks Take a Hit as Microsoft’s Earnings Disappoint

Microsoft is laying off 10,000 employees

The corporate earnings season is in full swing, and investors are feeling the heat as concerns grow about the struggles of some of the largest U.S. companies amidst rising rates and recession fears. On Wednesday, the Dow Jones Industrial Average fell by 190 points, or 0.56%, the Nasdaq Composite dropped 1%, and the S&P 500 … Read more

Listen-to-Earn: A New Way for Podcasters and Listeners to Earn Bitcoin

You can now Earn Bitcoin for listening to podcasts

The podcasting industry is getting a new revenue model, thanks to a partnership between mobile payment firm ZEBEDEE and “listen-to-earn” podcast platform Fountain. The partnership aims to give listeners and podcasters the ability to earn Bitcoin using the app. ZEBEDEE, a Bitcoin-centric gaming firm, recently launched two new play-to-earn games, Bitcoin Chess and Bitcoin Scratch, … Read more

Stocks Fall as Investors Struggle to Maintain Momentum During Earnings Season

Should you buy on the Stock Market Dip?

Stocks fell on Tuesday as investors struggled to maintain momentum during a busy stretch of corporate earnings. The Dow Jones Industrial Average fell by 166 points or 0.5%, the S&P 500 slipped by 0.6%, and the Nasdaq Composite dropped by 0.4%. The market moves on Tuesday came after a solid start to the week, with … Read more

Bitcoin Miner Argo Blockchain Sees Shares Rise 14% After Gaining Nasdaq Compliance

Titanium Blockchain crypto CEO pleads guilty in 21 million dollar fraud scheme

Bitcoin miner Argo Blockchain (ARBK) saw its shares rise as much as 14% on Monday, January 18th, after gaining compliance with Nasdaq listing requirements. The company had been in danger of bankruptcy due to a combination of rising energy costs and the crypto winter, which resulted in a dip in bitcoin prices and a drop … Read more

Spotify Announces Layoffs Amid Tech Industry Reckoning

Spotify cuts 6% of its workforce — read memo CEO Daniel Ek sent staff

Spotify, the popular music streaming service, announced on Monday that it is cutting 6% of its global workforce in response to a challenging economic environment that has seen consumers and advertisers limit their spending. With a total workforce of around 9,800 people, the cuts will impact approximately 600 employees. The company, which is based in … Read more

Cryptocurrency Experts Weigh in on Bitcoin’s Future: Will the Price Halve Before Retesting Highs in 2023?

Bitcoin extends rally

The world of cryptocurrency started off the new year with an impressive month-long rally. Bitcoin, the top crypto, is trading near four-month highs after jumping above $22,300 on Friday. This marks a significant milestone for the digital currency, as it has surpassed its level prior to the collapse of the FTX exchange in November. In … Read more

Big Tech Layoffs: Understanding the Impact on the Industry

Big Tech Layoffs: Understanding the Impact on the Industry

Big Tech companies are facing a tough start to 2023 as they continue to lay off thousands of employees following a difficult 2022. Companies like Meta, Amazon, and Intel announced significant job cuts last year due to high interest rates, inflation, a hawkish Fed, and slowdowns in advertising and consumer spending. Google’s parent company, Alphabet, … Read more

Decoding the Cryptocurrency Craze: Risks and Rewards

Decoding the Cryptocurrency Craze: Risks and Rewards

The world of finance is constantly evolving and one of the most exciting developments in recent years has been the rise of cryptocurrency. From Bitcoin to Ethereum and beyond, these digital currencies have captured the attention of investors and enthusiasts alike. But what exactly is cryptocurrency and what are the opportunities and challenges that it … Read more

“Dr. Doom” Roubini Ramps Up Criticism of Cryptocurrency Industry and FTX Founder, Calls for Jail Time for “Crooks”

Is 90% of all crypto a scam?

Nouriel Roubini, also known as “Dr. Doom” for his dire perspectives on global trends, has once again spoken out against the cryptocurrency industry. At the World Economic Forum in Davos, Switzerland, Roubini stated that “Literally 90% of crypto is a scam. A criminal activity. A total real-bubble Ponzi scheme that is going bust.” Roubini specifically … Read more