In this week's episode of The Crypto Craze Cheddar Anchors Brad Smith and Baker Machado explain the biggest trends in the market. This week the value of Bitcoin plunged to just 50 percent of its 2017 peak. Several other cryptocurrencies saw double digit losses compared to their highs last year. Many citing the potential crackdown on regulation in South Korea and China as a trigger of this volatility. Venture firm Full Tilt Capital is making the move to only invest in tokenized securities. The firm's Managing Partner Anthony Pompliano explains the investment opportunity he sees in this space. Cable and satellite entertainment company Starz filed a petition, asking the FCC to step in to resolve a fight with Altice. Axios Media Reporter Sara Fischer explains what this means for the telecommunications space. Facebook just revealing another change, making sure the news people see is high quality. It comes a week after the social network announced major changes to its news feed less public content, news and posts from brands. Facebook says it will prioritize news from publications that the community rates as trustworthy and informative.

Share:
More In Business
Small grocers and convenience stores feel an impact as customers go without SNAP benefits
Some small grocery stores and neighborhood convenience stores are eager for the U.S. government shutdown to end and for their customers to start receiving federal food aid again. Late last month, the Trump administration froze funding for the SNAP benefits that about 42 million Americans use to buy groceries. The U.S. Department of Agriculture says about 74% of the assistance was spent last year at superstores like Walmart and supermarkets like Kroger. Around 14% went to smaller stores that are more accessible to SNAP beneficiaries. A former director of the United Nations World Food Program says SNAP is not only a social safety net for families but a local economic engine that supports neighborhood businesses.
Load More