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Tesla Just Bought a Battery Maker for $218 Million in All-Stock Deal

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Tesla Just Bought a Battery Maker for $218 Million in All-Stock Deal

Tesla Inc. announced one of its rare acquisitions Monday, of ultracapacitor company, Maxwell Technologies Inc., in order to bolster the Silicon Valley automaker’s battery technology as it ramps up production of the Tesla Model 3 sedan.The heavily indebted electric car company, whose CFO stepped

The Patriots Won the Super Bowl. Here’s Why that Means the Dow Should Rally

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The Patriots Won the Super Bowl. Here’s Why that Means the Dow Should Rally

In what has become one of the most predictable outcomes in professional sports, the New England Patriots emerged victorious from Super Bowl LIII after besting the Los Angeles Rams 13-3 in Mercedes-Benz Stadium in Atlanta. If history is an accurate guide, that means the Dow Jones Industrial

Dow Creeps Lower as Wall Street Braces for Trump’s State of the Union Address, Worsening Corporate Earnings Outlook

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Dow Creeps Lower as Wall Street Braces for Trump’s State of the Union Address, Worsening Corporate Earnings Outlook

The U.S. stock market was mixed on Monday, as investors braced for another busy week for corporate earnings and economic data. President Donald Trump’s forthcoming State of the Union address will up the ante on congressional lawmakers racing to get a deal in place by the end of the week.MIXED S

How Tron Outperformed Top Cryptocurrencies and Jumped 16%

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How Tron Outperformed Top Cryptocurrencies and Jumped 16%

Tron (TRX) opened this week in positive territory in an otherwise bearish day for cryptocurrency market. The Tron-to-dollar exchange rate (TRX/USD) surged as higher as 0.029, a 16% up from the Monday’s open. However, the pump followed a correction action, setting lower highs on e

Dow Futures Flat, Bitcoin Price Heavy on Super Bowl Monday

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Dow Futures Flat, Bitcoin Price Heavy on Super Bowl Monday

The US stock market is open for business, but the Dow doesn’t look poised to make much of a ruckus on Super Bowl Monday. The bitcoin price, meanwhile, continues to lurch toward an important technical test that could signal whether the cryptocurrency market is finally ready to flip

Crypto Exchanges in South Korea Scrambling to Survive as Bear Market Hits Hard

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Crypto Exchanges in South Korea Scrambling to Survive as Bear Market Hits Hard

According to a local publication Blockinpress, crypto exchanges in South Korea are struggling to adjust to changing market conditions and the 14-month-long correction. Since January 2018, the global crypto exchange market has seen a rapid decline in volume. With the exception of Bitcoin and

Sony Shares Sink 8% Amid Declining Gaming Sales – Is a PlayStation 5 Coming in 2020?

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Sony Shares Sink 8% Amid Declining Gaming Sales – Is a PlayStation 5 Coming in 2020?

Shares of Sony fell by 8% after the Japanese entertainment and technology giant recorded a decline in sales and profits. Specifically, Sony’s gaming division, which has become increasingly critical to the conglomerate saw operating income from games fell by 14% to $666 million during the O

WINS.FUN: A Gambling Platform That Shares Its Profits with Its Investors!

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WINS.FUN: A Gambling Platform That Shares Its Profits with Its Investors!

This is a paid-for submitted press release. CLC does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CLC urges readers to conduct their own research with du

One Mainstream Factor Shows Bitcoin Price Bottom Could Worsen

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One Mainstream Factor Shows Bitcoin Price Bottom Could Worsen

In the last 24 hours, the crypto market has rebounded slightly by $1 billion as the Bitcoin price recovered to mid-$3,500. Last week, several traders said that maintaining momentum above the $3,500 mark is crucial for preventing a drop to the low $3,000 region and possibly to $2,000. What’s

The Hostile Media Narratives About Bitcoin's Environmental Impact Are Total Garbage

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The Hostile Media Narratives About Bitcoin's Environmental Impact Are Total Garbage

If you’ve been following the news and social media discussion regarding Bitcoin for very long at all you’ve likely seen multiple articles castigating Bitcoin as a harbinger of environmental degradation and destruction. Even startups in the crypto space fuel the narrative. People have spent hu

QuickX Protocol Announces Partnership with BitMax.io (BTMX.com)

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QuickX Protocol Announces Partnership with BitMax.io (BTMX.com)

This is a paid-for submitted press release. CLC does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CLC urges readers to conduct their own research with du

Tesla Starts Selling the Cheaper Model 3 in China [But Import Duty and Other Costs Still Makes it Expensive]

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Tesla Starts Selling the Cheaper Model 3 in China [But Import Duty and Other Costs Still Makes it Expensive]

Tesla has begun taking orders for a cheaper version of the Model 3 in China. The electric car maker will now start selling the Model 3 Long-Range rear-wheel drive version marked at $64,400, Reuters reports. This is significantly cheaper than the Model 3 Performance which was already

Multi-Billion Malaysian Scandal Could See Goldman Sachs' Top Executives Lose $40 Million in Pay Backs

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Multi-Billion Malaysian Scandal Could See Goldman Sachs' Top Executives Lose $40 Million in Pay Backs

Goldman Sachs will cut back its top executives’ compensations depending on the consequence of investigation into the bank’s role in a multibillion-dollar Malaysian fund scandal. In a regulatory filing, Goldman announced that its board could reduce or forfeit the stock-based awards granted to

Cardano’s ADA Technical Analysis – Support Levels in Play – 04/02/19

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Cardano’s ADA Technical Analysis – Support Levels in Play – 04/02/19

Key Highlights Cardano’s ADA fell by 3.16% on Sunday. Reversing a 1.56% rise from Saturday, Cardano’s ADA ended the day at $0.03869. A start of a day intraday high $0.04013 saw Cardano’s ADA fall short of the first major resistance level at $0.04070. Falling through the day, Cardano’s ADA called

Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 04/02/19

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Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 04/02/19

Bitcoin Cash – ABC – Slides Back Bitcoin Cash ABC fell by 2.44% on Sunday. Partially reversing Saturday’s 4.51% gain, Bitcoin Cash ABC ended the day at $116.83. Through the day, Bitcoin Cash ABC struck a mid-morning intraday high $120.32 before hitting reverse. Bitcoin Cash ABC fell to a late in

Why South Korea Had to Ban Crypto ICO Losing Multi-Billion Dollar Opportunities

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Why South Korea Had to Ban Crypto ICO Losing Multi-Billion Dollar Opportunities

This week, the government of South Korea officially decided to maintain its existing blanket ban on domestic initial coin offerings (ICO) in a move that could benefit other major crypto markets in Asia. On Friday, the virtual currency task force of the Office for Government Policy

Twitter CEO Promotes Bitcoin, Iran Goes Full Crypto, and Binance Adds Credit Cards: This Week in Crypto

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Twitter CEO Promotes Bitcoin, Iran Goes Full Crypto, and Binance Adds Credit Cards: This Week in Crypto

While there wasn’t much Bitcoin price action to speak of, it was nevertheless a memorable week for the cryptocurrency industry. From Twitter CEO Jack Dorsey pumping Bitcoin to Iran launching its own crypto token, catch up on what you missed in the blockchain space this week. Cryptopia H

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