Cryptocurrency Market Cap Tops $60 Billion to Hit All-Time High

The total market capitalization of all cryptocurrencies reached an all-time high today, passing $60bn as the innovative assets continued to draw robust inflows. This figure reached $63.6bn at one point during the day’s trading, according to online data service CoinMarketCap, which represented a weekly, monthly and quarterly increase of roughly 18%, 115% …

Bitcoin Market Cap Nears $30 Billion

Bitcoin’s market cap has increased 5x in just one year, from around $6 billion during summer 2016 to now $30 billion, following its price rise from around $450 to now trade at around $1,760 on Coinbase. Bitcoin’s price rises by $500 in two weeks. The latest rise began on …

50 Billion Baby! Buffett Blew It

Some call it the Woodstock of stocks. The Berkshire Hathaway annual meeting draws a huge crowd where everyone listens closely to what the oracle has to say. He really spilled the beans this year, reassuring investors of his plans to continue the business after he dies as well as reflecting …

Bitcoin Miners Raked in Over $2 Billion Since 2008

Vishal S. · April 12, 2017 · 3:00 pm <!– Excerpt According to a new study published by the Cambridge Centre For Alternative Finance, Bitcoin miners have earned over $2 Billion in revenue since 2008, when the cryptocurrency was established. End Excerpt –> Bitcoin miners have earned over $2 Billion …

Campbell Soup Initiates $1.5 Billion Stock Buyback

Campbell Soup (NYSE: CPB) is opening the corporate coffers to buy its own stock. The company announced that its board of directors has authorized a fresh share repurchase program for up to $1.5 billion in buybacks. The authorization kicks in on May 1, and has no expiration date (although Campbell Soup stressed that the program can be suspended or halted at any time).

Cisco Closes Its $3.7 Billion AppDynamics Purchase

Tuesday was quite a day for Cisco (NASDAQ: CSCO) in its ongoing transformation from a legacy hardware giant into a cloud, data center and software analytics leader.  Chief Strategy Officer Hilton Romanski and execs from AppDynamics  rang the opening bell to get trading started on the Nasdaq exchange to celebrate the closing of Cisco’s $3.7 billion purchase of the analytics provider.