Category Archives: Technology

Bitcoin Prices Rally, but Fail to Break $20,000. Why Cryptos May Slide Again Soon.

Bitcoin Prices Rally, but Fail to Break $20,000. Why Cryptos May Slide Again Soon.

Bitcoin and other cryptocurrencies rallied on Tuesday, but digital assets continue to trade at depressed levels amid pressure from cracks in the crypto industry and a selloff in the stock market. The price of Bitcoin rose 2% over the past 24 hours to $19,700, falling short of breaching $20,000—a key level it plunged through last […]

Banks Want to Be a Bridge to Bitcoin. How to Invest.

First American News LLC: Raleigh, NC: Investors now buy Bitcoin through exchanges like Coinbase COIN or apps like PayPal. That could change as banks start muscling into crypto trading and custody services. Some 300 banks are planning to roll out Bitcoin trading on mobile apps in the first half of 2022, according to a report […]

Splunk Jumps on Report That Cisco Made $20 Billion-Plus Offer

First American News LLC, Raleigh, NC: Splunk Inc. jumped as much as 16% in late trading on a report that Cisco Systems Inc. made an offer of more than $20 billion for the software company. The shares climbed as high as $133.25 following the Wall Street Journal story, which cited unidentified people familiar with the […]

Meta Erases $251 Billion in Value, Biggest Wipeout in History

First American News LLC: Raleigh, NC: Meta Platforms Inc.’s one-day crash now ranks as the worst in stock-market history. The Facebook parent plunged 26% Thursday on the back of woeful earnings results, and erased about $251.3 billion in market value. That’s the biggest wipeout in market value for any U.S. company ever. And while the […]