Within the last hour Bitcoin (BTC) price rose to $10,180 on BitMEX before quickly reversing to $9,600. The quick rejection means that for the third time in 30 days Bitcoin price has rejected at the $10,000 resistance level. Three factors that may hav...
Lonestar Resources (LONE) appears likely to end up with a borrowing base deficiency once its spring 2020 borrowing base re-determination is finished. I had thought that Lonestar would cut its 2020 capex budget by a larger amount in order to increase...
On Wednesday, the market valuation of all 5,000+ cryptocurrencies is worth around $277 billion after a few coins gathered decent gains during the morning trading sessions. Today, bitcoin is trading for over $9,783 per unit and many traders believe th...
Congress just found more than $100 billion in extra cash in its Paycheck Protection Program and one Republican senator already has an idea how to spend it: fix up businesses damaged by the riots sparked by the killing of George Floyd by Minneapolis p...
After physically taking over the Beijing Bitmain office, ousted CEO Micree Zhan is reportedly regaining control and is blocking the delivery of Bitmain products from its Shenzhen factory. According to sources of Chinese publication BlockBeats, Zhan i...
© Reuters. The Johnson & Johnson logo is displayed on a screen on the floor of the NYSE in New York (Reuters) – Johnson & Johnson said on Wednesday it would bring forward by two months human trials of its potential COVID-19 vaccine to the sec...
A loophole in the U.S. tax law could allow qualified bitcoin traders to write off unlimited losses from their trading activities, according to an expert from crypto tax platform Coin Tracker. Traders, defined by U.S tax collection agency Internal Rev...
As a recent scientific paper shows, mass production in Tesla’s (NASDAQ:TSLA) gigafactory in Nevada, with important outcomes in economies of scale and cost reduction resulted in the kind of competitiveness that Tesla was looking for to dominate the EV...
The European Central Bank (ECB) may be fearing default as rumors circulate that it plans to plant at least half a trillion euros of “bad” debt in a “bad bank.” As Reuters reported on June 10 citing two people familiar with the matter, the ECB now wan...
Economic fallout from the COVID-19 crisis and civil unrest could cause many rental real estate properties to run up tax losses in 2020 and maybe beyond. This column covers the most important federal income tax questions and answers for rental propert...