by David Zeiler
LitePay is just the sort of thing that could make cryptocurrencies more commonplace.
This new service, expected to go live Feb. 26, will make it possible for people to spend their Litecoin with the equivalent of a pre-paid credit card. And get this – the LitePay card is compatible with the Visa network.
Here's why this is not only huge for Litecoin, but for the entire cryptocurrency sector...
The Dow Jones news today is flat this morning after a sharp decline yesterday, as representatives from Facebook Inc. (Nasdaq: FB), Alphabet Inc. (Nasdaq: GOOGL), and Twitter Inc. (NYSE: TWTR) appear before Congress today.
The Dow Jones futures are up 27 points this morning after falling over 85 points yesterday.
Cryptocurrency prices slumped today on news from the European Central Bank and EEA.
Bitcoin and Ethereum both declined, with Ethereum plunging a whopping 14.8%.
Here are the biggest cryptocurrency news stories today...
When Amazon crossed the $1,000 mark on May 31, TV host Jim Cramer was quick to throw out what he called a "red flag."
Frankly, I think he was waving a white one…
Here's why I say that. The host of CNBC's "Mad Money" mostly looked at the price of the stock. He said that "psychologically" $1,000 is a lot to pay for a stock he feels is getting ahead of itself.
That brought him around to saying that other big tech leaders are riding a secular trend that could lose steam, hurting investors along the way.
I believe Cramer's analysis is way off the mark for a couple reasons. First, Amazon still has a long runway in both retail and its cloud sales, where it remains the dominant firm.
Second, and more to the point, I actually predicted back on Oct. 30, 2013, that Amazon would hit this milestone. I said it would be among the "next" members of tech's "Thousand-Dollar Club."
So, today I'll show you why my forecast was on the money for all the stocks I put in that group.
And I'll show how you can still profit from them...
by Jack Delaney
The Cloudera stock price is expected to be priced between $12 and $14 per share.
And investors are anxiously awaiting their chance to get their hands on CLDR stock because of the hype being generated by Wall Street.
But we aren't following the herd into this IPO. That's because we found a backdoor way to invest in Cloudera stock without evening touching the IPO.
And this profit opportunity could net you gains of 22% in the next 12 months...
The Dow Jones Industrial Average today is climbing after positive economic news.
The U.S. Commerce Department reported Q3 GDP jumped 2.9%.
