CCN News

Apple Card Is the Biggest iPhone Marketing Ploy Ever. Here’s Why

Apple Card is irrelevant. It strives to become a marketing tool for an underperforming iPhone market rather than an actual credit card. | Source: AP Photo/Tony Avelar, File By CCN Markets: The first thing to understand about Apple Card is that it is not exactly a card. Undoubtedly, the technology behemoth’s entry into the finance sector …

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Crypto Trader Reveals When Bitcoin Will Suffer a Painful Reckoning

Bitcoin has destroyed the altcoin market in 2019, but one contrarian crypto trader believes BTC is about to suffer a reckoning. | Source: Shutterstock By CCN Markets: It’s easy to miss just how badly bitcoin has clobbered altcoins since the crypto market’s latest bull run began. From Ethereum all the way down to Stratis, almost …

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Sony Does Damage Control after Disney’s Marvel Split amid Fan Backlash

Spider-Man swings out of the Marvel Cinematic Universe after Kevin Feige and Disney fail to strike a deal with Sony over money. | Source: Shutterstock By CCN Markets: Sony’s latest snap has ensured that Spider-Man doesn’t return in the Marvel Cinematic Universe (MCU). Exclusive: #SpiderMan studio Sony goes public with Marvel movie divorce: ‘We are …

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Asset Manager Boldly Claims Every Institutional Investor Will Buy Bitcoin

The range-bound bitcoin price could jump higher if Anthony Pompliano’s prediction turns out to be true in the long run. | Source: Shutterstock By CCN Markets: The bitcoin price has been going sideways for nearly two months now, but crypto bulls believe that rising institutional interest could lead to a breakout. Bitcoin price has been …

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Dow Jumps 230 Points – This Chart Warns the Party Won’t Last

The Dow surged on Wednesday, but a sharp decline in corporate stock buybacks threatens to force the market into a corner. | Source: AP Photo / Richard Drew By CCN Markets: The Dow and broader U.S. stock market rallied sharply on Wednesday, as investors reacted to the increasingly-likely prospect of another Federal Reserve interest rate …

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Bitcoin Price Will NEVER Hit $50,000, Peter Schiff Rants

Chonic crypto critic Peter Schiff promised that the Bitcoin price would never, ever hit $50,000. One trader told us he is dead wrong. | Source: Cambridge House International Inc./YouTube (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: The Bitcoin price has defied his bearish portents before, but goldbug and chronic crypto critic Peter …

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Monero Could Skyrocket After Bleeding as It Prints a Reversal Structure

Opening a fresh long position in Monero at current levels may not be a wise decision for non-experienced traders. | Source: Shutterstock By CCN Markets: Monero has been trapped in range accumulation for over a year now. Since August 2018, the cryptocurrency has been range trading in a wide range between $40 and $120 with a …

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Stock Market Rally Proves Rate Cut Would Be a Mistake: Byron Wien

Byron Wien at the start of the year predicted the stock market would advance 15 percent in 2019. Now he says Fed should leave rates alone. | Source: REUTERS/Brendan McDermid By CCN Markets: Wall Street veteran Byron Wien has a reputation as a  prognosticator in the stock market, and so when he makes predictions, you …

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Freudian Slip? Trump Accidentally Compares Himself to Darth Vader

Donald Trump just accidentally compared himself to Star Wars villain Darth Vader – and not even the James Earl Jones version. | Source: REUTERS/Leah Millis (i), Lucasfilm (ii). Image Edited by CCN. By CCN Markets: This morning, President Trump drew fire when he shared a quote likening him to the second coming of Jesus Christ. …

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Dow Rallies as Investors Ignore CBO’s $1 Trillion Debt Bombshell

The Dow Jones rallied on Wednesday thanks to a strong US consumer, but a $1 trillion debt bombshell from the CBO lurked in the background. | Source: REUTERS / Brendan McDermid By CCN Markets: The Dow Jones bounced over 1% on Wednesday, and not even an epic Trump rant was enough to spoil the stock …