Apple and Facebook Now Competing With Banks

International ratings agency Weiss Ratings thinks tech giants like Apple and Facebook entering the crypto-space prove they are, in fact, becoming banks themselves and their ‘answer’ is nothing like Bitcoin – which competes with central banks.  Facebook, Apple ‘Becoming Banks’ In a blog post June 5, developer and Weiss Crypto Investor editor Juan Villaverde told […]

Continue Reading

Apple Embraces Bitcoin – Adds ฿ Symbol to Its Icon Set

Apple has finally acknowledged Bitcoin by adding a symbol to its new icon set. It appears the mass adoption movement is gaining momentum at last. Apple Has Been Glacially Slow to Respond to Bitcoin If Apple were an animal in the Bitcoin kingdom it would be a tree-dwelling sloth. Moving at an incomprehensively slow pace […]

Continue Reading

FAANG Stocks Lose Over $1 Trillion – More Than All Cryptocurrencies Combined

Facebook, Amazon, Apple, Netflix, and Google stocks have together shed over $1 trillion in market capitalization from their all-time highs, marking an even bigger loss in dollar value than all cryptocurrencies combined in 2018. FAANGs Lose Bite Bitcoin and cryptocurrencies, in particular, are not the only bubble in town. Stocks of tech stalwarts like Google, […]

Continue Reading