Why is bitcoin’s price so high?

Bitcoin’s price has risen stratospherically, a fact that leaves many minor players in the market with massive gains and many bigger players millionaires. But is this a bubble? Are the gains real? And are the bitcoin whales in for a sad Christmas? First we must understand what drives bitcoin price and, in particular, this boom. […]

Share this cool article with your friends:

Intuit’s ‘rise of the rest’ M&A strategy means large paydays outside the Valley

This morning, Frederic reported that Intuit has acquired TSheets, a time-tracking service, for $340 million. That’s one of the highest prices that Intuit has ever paid for an acquisition, roughly equal to the cost of the company’s acquisition of Mint Bills / Check in 2014, and slightly smaller than the acquisition of Demandforce in 2012 […]

Share this cool article with your friends:

Spot.IM raises $25 million for a better comments section

Social media has become critical to the online publishers. It drives a lot of traffic and helps brands build a following. But it also means that a lot of the engagement happens on another platform, like Twitter or Facebook, instead of the actual news site. New York-based Spot.IM saw an opportunity to help businesses from […]

Share this cool article with your friends:

Lyft gained from Uber’s scandals, sees revenue triple

Lyft appears to have benefited from Uber’s tough year. The U.S. rival has seen its revenue growth more than triple, according to a report from The Information.  The media outlet viewed financial reports, which showed Lyft brought in $483 million in revenue in the first half of 2017, compared to about $150 million in the same […]

Share this cool article with your friends:

Japanese bitcoin exchange bitFlyer is coming to the U.S

Japanese cryptocurrency exchange bitFlyer announced today it’s expanding to the U.S, with approval to operate in 41 states starting today. This includes regulatory approval in New York via the state’s Department of Financial Services’ “BitLicense”, which only five other cryptocurrency companies currently have. For comparison, Coinbase has approval to operate in 48 states (including Washington, D.C) […]

Share this cool article with your friends: