Shares of consumer self-care products provider Perrigo Company plc (PRGO) are down more than 13% Wednesday morning following second quarter results. The company reported net loss of $57.7 million, or $0.43 per share in the second quarter, compared with net income of $60.6 million, or $0.35 per share in the prior year period. Excluding items, earnings of $0.50 per share […]

Leading U.S. movie theater chain AMC has revealed it will start accepting bitcoin payments for movie tickets and concessions by the end of the year, and that it’s exploring “how else AMC can participate in this burgeoning cryptocurrency universe.” The move was revealed by the company’s CEO Adam Aron in a Q2 earnings call, although the firm did not clarify […]

24 hours later, Bitcoin is heading towards $50,000, securing significant daily gains as trading volume is out the roof; Bitcoin is unstoppable. The dominant cryptocurrency is soaring and unstoppable. Market players are especially elated to see that Bitcoin’s market capitalization is recovering swiftly. At press time, the market cap has hit $865 billion. This is a significant milestone from its […]

For the first time ethereum has surpassed bitcoin in trading volumes on US’s biggest crypto exchange, Coinbase. According to the stock traded platform, ethereum handled 26% of all trading volumes in Q2, up from 21%. Bitcoin handled 24%, significantly down from 39% in Q1. That suggests this might have been a fluke with eth rising significantly in the second quarter […]

Bitcoinians, ethereans, cardano bros, ripples, stonkies, maybe 4chan, reddit as well as twitterers, IRC geeks and democrats, Republicans and independents, jpeg flippers and supercoders, the young middle class in short and the upper middle class may well flood Washington in what might be this generation’s first attempt to tackle politics heads on. “I think it’s about time we get a […]

Plan B, the founder of the Bitcoin Stock to Flow model, which is designed to assert the value of Bitcoin in the same way as other valuable assets, has reaffirmed that Bitcoin is headed for the top. Bitcoin kicked off August firmly, stronger than it did in the past two months, further promoting the notion that the bears are getting […]

There’s a compromise now called the Toomey-Lummis-Warner amendment that looks like the Warner amendment with no difference except all validators are exempt. There is no exception specifically for coders with Ron Wyden, who championed an amendment that excluded coders, now stating: “We’ve been working hard to get a deal. I don’t believe the cryptocurrency amendment language on offer is good […]