Overstock.com Shares Skyrocket as Morgan Stanley Buys Passive Stake in Bitcoin-Friendly Company

Markets and Prices In a filing with the Securities and Exchange Commission (SEC), Morgan Stanley has revealed it owns a large passive stake in online retailer Overstock.com. News of the company being gobbled up by the legacy bank caused the bitcoin-friendly outfit’s stock price to rise sharply for the third time this quarter. Also read:

2018 Will Be Another Growth Year for Blockchain

Oliver Bussmann is founder and managing partner at Bussmann Advisory, the president of not-for-profit Crypto Valley Association and former group CIO and managing director at UBS. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. 2017 was a year of tremendous growth for blockchain, though not in the expected ways. At the beginning

Ethereum Classic Price Technical Analysis – ETC/USD Remains Buy

Key Highlights Ethereum classic price is moving nicely above the $26.00 support level against the US Dollar. There is a crucial contracting triangle forming with support at $26.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair might soon make the next move and will most likely break the $28.00

Japanese Internet Giant GMO Offers to Pay 4700+ Employees in Bitcoin

News Japanese conglomerate GMO Internet Group has introduced a payroll system to allow its 4,700+ employees to receive part of their salaries in bitcoin. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions GMO Introduces Bitcoin Salary Payment System Japanese Internet leader GMO Group has announced that its employees can