It's been a rough week for Bitcoin. The cryptocurrency dropped below $8,000 on Friday, marking the third biggest drop over a five-year span. Bitcoin developer Jimmy Songs explains why he remains bullish.
"This is something that has happened in the past, and will happen in the future," says Song. "If you're looking out five to ten years this is an excellent investment."
Shares of Bitcoin plummeted after India's Minister of Finance announced plans to ban the digital currency. "Not everyone is fit for it, especially during these down times," said Song.
The Biden administration wants automakers to raise gas mileage and cut tailpipe pollution between now and model year 2026. It also has won a voluntary commitment from the industry that electric vehicles would make up roughly half of U.S. sales by 2030.
Lobbyists for the crypto industry are calling for last-minute revisions to an infrastructure bill provision that could fundamentally change how the federal government treats holders of digital assets.
Cuomo Report, Evictions Halted & Passenger From Hell
J. Allen Brack, the president of Activision’s Blizzard Entertainment, is leaving the company as it continues to deal with the fallout from a discrimination and sexual harassment lawsuit.
Biles Takes the Beam, Vax Milestone & 'Lord of the Rings' First Look
Fortnite fans are getting a special treat this month. Epic Games just announced that Ariana Grande will be performing at Fortnite's upcoming Rift Tour. The five-show concert series kicks off August 6th through August 8th. Jordan Minor, apps and games analyst at PCMag.com joins us to talk about what fans can expect from the virtual concert.
Cheddar's Michelle Castillo takes a deep dive into the world of Formula E racing. The all-electric motor sport is looking forward to a more sustainable future on and off the track.
A Russian space official has blamed a software problem on a newly docked science lab that briefly knocked the International Space Station out of position.
Robinhood made its own leap into the stock market Thursday, the one it helped reshape by bringing millions of new investors to Wall Street.
A new interactive tracker from the Atlantic Council shows that 81 countries are at some stage of development with a central bank digital currency, but the U.S. is notably absent from its list of frontrunners.
