Finance

Bitcoin is on the decline, but ethereum might be a better bet in cryptocurrency, Brian Kelly told CNBC. Bitcoin, the most popular digital coin and largest by market cap, was priced around $6,400 on Friday — a staggering decline from its December highs of around $19,500. But cryptocurrency is still a relatively new industry, and
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Respected geopolitical analyst George Friedman thinks blockchain, the technology underlying bitcoin, will one day become “obsolete.” “I’ve never known any encryption technology not to be broken,” Friedman told CNBC on Thursday from the sidelines of the UBS CIO Global Forum in New York. “I doubt between Russia, China, U.S. intelligence services” that blockchain can’t be
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The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of JPMorgan. David Seaburg was a buyer of Carter’s. Dan Nathan was a seller of the Russell 2000 ETF. Guy Adami was a buyer of Nuance. Trader disclosure: On June 13, 2018, the following stocks and commodities mentioned
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Theranos CEO Elizabeth Holmes was charged with fraud in March after raising more than $700 million while deceiving investors.The start-up made it appear as if it had successfully developed a commercially-ready portable blood analyzer when the technology could only perform a fraction of the tests advertised. Holmes settled civil charges with the Securities and Exchange
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The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Alibaba. Karen Finerman was a seller of Netflix. Steve Grasso was a buyer of Lennar. Guy Adami was a buyer of CBS. Trader disclosure: On June 12, 2018 , the following stocks and commodities mentioned or intended
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