Game of Thrones ‘Deepfake’ Video Rubs Salt in Wounds of Upset Fans

By CCN Markets: It seems impossible that the famous “Downfall” video meme would ever face serious competition, but the advent of deepfake videos may de-throne this internet favorite. The latest internet deep-fakery video meme comes in the form of Jon Snow criticizing the final season of “Game of Thrones.” “It’s time for some apologies. I’m …

Indian Government in Dizzying Reversal Sponsors Free Crypto Course

By CCN Markets: The Indian government continues to project a deep level of hypocrisy as it turns its attention to sponsoring a blockchain and cryptocurrency course. As CCN recently reported, the government is simultaneously proposing an insane anti-crypto bill with hard jail-time for bitcoin users. The undergraduate course, which is entitled Blockchain Architecture Design and …

Bitcoin Price Reclaims $8,200 as Trade War Intensifies Bullish Demand

By CCN Markets: In the past four days, the bitcoin price has increased from $7,630 to $8,240 by nearly eight percent against the U.S. dollar as other major crypto assets such as Ethereum and Litecoin recorded large gains. The bitcoin price has recovered strongly in the past four days, reclaiming $8,200 (source: coinmarketcap.com) As technical …

Why Fiverr, Beyond Meat, & CrowdStrike Stock Defied the Uber IPO Curse

By CCN Markets: The Uber and Lyft IPOs went absolutely nowhere, despite enormous hype and anticipation. Since then, other IPOs from lesser-known companies like Fiverr, CrowdStrike, and Beyond Meat have soared. Why are these stocks getting the love when the long-anticipated Uber and Lyft IPOs flamed out in spectacular fashion? There are different reasons for …

For First Time in 4 Years, Key Indicator May Signal Bitcoin Price Rally

By CCN Markets: According to technical analyst Eric Thies, a key technical indicator may signal strong long-term momentum for bitcoin for the first time since 2015. Key technical indicator for bitcoin about to signal an upside movement (source: King Thies) The last time the 1-month moving average convergence divergence (MACD) achieved a signal cross, the …

Tesla’s Stock Could Follow in Footsteps of a High-Flying Tech Play: Analyst

By CCN Markets: On CNBC, analyst Eddie Yoon of a think tank called “EddieWouldGrow” overlaid a chart of Netflix from 2011-13 onto Tesla’s chart since January. Will Tesla behave like Netflix? | Source: CNBC Gosh, those charts look so similar. Maybe Tesla’s stock will do the same thing as Netflix’s stock and make a huge comeback. …

Dow Futures Bleed Out as Morgan Stanley Rings Recession Alarm

By CCN Markets: Dow Jones futures extended losses in early trading Wednesday after Morgan Stanley cautioned investors over a possible recession. Even with Federal Reserve rate cuts on the horizon in July, Morgan Stanley equities strategist Michael Wilson warned it might be too little, too late to prevent a recession. “Fed could cut as soon …

CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how …

G20 Ministers Discuss Crypto Benefits, Commit to Risk-focused Vigilance

By CCN Markets: Global finance ministers and central bankers reconfirmed their multilateral support of crypto-industry regulations on the weekend in Japan. They were attending the G20 Finance Summit ahead of the Leaders’ Summit in late June. There were no surprises for the crypto-currency markets in the Communique sent out by Japan’s Minister of Finance on …

Dem Hopeful Andrew Yang Slams Amazon in Viral Maher Clip

By CCN Markets: Democratic presidential candidate Andrew Yang appeared on the Bill Maher show over the weekend. He discussed his Universal Basic Income (UBI) plan in detail, suggesting that big tech companies including Amazon could foot the bill. The clip is taking off, with more than 300,000 YouTube views already: Yang has been promoting giving Americans …