Bitcoin is getting smoked as the crypto market eyes its lowest level of the year

Bitcoin is getting smoked as the crypto market eyes its lowest level of the year

Markets Insider Bitcoin was eyeing its lowest level of the year Friday morning, according to Markets Insider data.  The coin, which soared close to $20,000 at the end of 2017, was trading down 8.6% at $6,144 as all of the major cryptos were under pressure. Ethereum was trading down 11% at $467 a token while…

Amazon is just getting started with its big bet on showing live Premier League matches

Amazon is just getting started with its big bet on showing live Premier League matches

Premier League star Harry Kane. Getty Amazon will make a bit of history next year when it becomes the first tech company to stream live Premier League matches in the UK — and industry insiders think it’s just getting started. Big name stars including Paul Pogba, Harry Kane, and Mohamed Salah will make their debut…

Cryptocurrencies are getting slammed after a raid at South Korea’s largest exchange

Cryptocurrencies are getting slammed after a raid at South Korea’s largest exchange

LONDON — Cryptocurrencies are getting slammed Friday after investors were spooked by news that South Korea’s largest crypto exchange has been raided by prosecutors. Here’s the scoreboard as of 1:35 p.m. BST (8:35 a.m. ET): Bitcoin -4.8% Ethereum -6% XRP’s Ripple -11.2% Bitcoin Cash -10.3% Litecoin -6.5% The slump comes amid negative headlines in the…

The 1% are getting even richer — and it’s not going to stop any time soon

The 1% are getting even richer — and it’s not going to stop any time soon

A protester wearing a Guy Fawkes mask carries an Occupy Wall Street placard in front of the Reichstag building during an Occupy Berlin protest denouncing current banking and financial industry practices in Berlin Nov. 12, 2011. Reuters/Pawel Kopczynski The world’s richest people — the so-called 1% — will control almost two-thirds of global wealth by…

Cryptocurrencies are getting smoked as investors move to ‚risk off’

Cryptocurrencies are getting smoked as investors move to ‚risk off’

A screenshot from CoinMarketCap.com showing the 24 price movement of the entire cryptocurrency market.CoinMarketCap.com/Screenshot Cryptocurrency markets lose $7 billion in around half an hour. Litecoin, one of the worst hit, is down 9% at the time of writing. Slump appears to be linked to fears about a trade war between the US and China. LONDON…