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      "body": "Congratulations @adi2001! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@adi2001/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@adi2001) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=adi2001)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "title": "Bitcoin crash as concerns bubble bursting rise",
      "body": "http://www.economicswire.net/wp-content/uploads/Bitcoin-exchange-rate-1.jpg\nCryptocurrencies were tumbling across the board on Friday as concerns over the future of the industry escalated, leading some analysts to suggest that the bubble was finally bursting.\n\nWave after wave of negative news has hit the digital currency market this week, driving its leader by market cap, Bitcoin to its worst weekly performance since 2013.\n\nAmid increasing regulatory scrutiny on the global level, Japanese tax authorities reportedly raided Coincheck’s offices Friday morning, hauling out documents and computers as evidence. The move came after the crypto exchange was hit by hackers that heisted more than $500 million worth of the virtual currency NEM.\nhttps://i.ytimg.com/vi/Sn8pUzRzSNA/maxresdefault.jpg\nThis week South Korean authorities began to prohibit the opening of anonymous digital currency accounts, as well as implanting a minimum age for trading.\n\nIndia’s finance minister pledged to eliminate the use of cryptocurrencies in criminal activities, implying that stricter regulation is around the corner.\n\nIn the U.S., Bloomberg reported this week that the Commodity Futures and Trading Commission (CFTC) had subpoenaed crypto exchange Bitifinex and the cryptocurrency firm Tether, which runs its own coin that it claims is pegged to the dollar, amid accusations of price manipulation.\n\nWhile Tether has said all of its coins are backed by U.S. dollars held in reserve, the company has yet to provide conclusive evidence of its holdings to the public or have its accounts audited.\n\nSome accusations suggest that Tether is creating coins out of thin air and using those to purchase digital currencies via Bitifinex, thus artificially inflating prices.\n\nBitcoin briefly dropped below $8,000 on Friday as the wide-spread selloff continued to hammer cryptocurrencies. The largest digital coin by market cap has tumbled nearly 40% so far this year and has crashed approximately 58% since its all-time high near $20,000 reached last year.\n\nThe market cap of global cryptocurrencies was situated Friday at just under $394 billion, compared to $800 billion at the beginning of 2018.\n\nAt 8:00 AM ET (13:00GMT), Bitcoin actually performed “better” than other rivals that were also tanking on Friday. It was last off around 11%, or $1,065, at $8,350.\n\nBy descending market cap, Ethereum sank 22% to $885, Ripple tumbled 23% to $0.7900, while Bitcoin offshoot Bitcoin Cash slumped 18% to $1,105.50.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://ca.investing.com/news/cryptocurrency-news/bitcoin-leads-cryptocurrency-crash-as-concerns-of-bubble-bursting-rise-992231",
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      "body": "http://www.economicswire.net/wp-content/uploads/Bitcoin-exchange-rate-1.jpg\nCryptocurrencies were tumbling across the board on Friday as concerns over the future of the industry escalated, leading some analysts to suggest that the bubble was finally bursting.\n\nWave after wave of negative news has hit the digital currency market this week, driving its leader by market cap, Bitcoin to its worst weekly performance since 2013.\n\nAmid increasing regulatory scrutiny on the global level, Japanese tax authorities reportedly raided Coincheck’s offices Friday morning, hauling out documents and computers as evidence. The move came after the crypto exchange was hit by hackers that heisted more than $500 million worth of the virtual currency NEM.\nhttps://i.ytimg.com/vi/Sn8pUzRzSNA/maxresdefault.jpg\nThis week South Korean authorities began to prohibit the opening of anonymous digital currency accounts, as well as implanting a minimum age for trading.\n\nIndia’s finance minister pledged to eliminate the use of cryptocurrencies in criminal activities, implying that stricter regulation is around the corner.\n\nIn the U.S., Bloomberg reported this week that the Commodity Futures and Trading Commission (CFTC) had subpoenaed crypto exchange Bitifinex and the cryptocurrency firm Tether, which runs its own coin that it claims is pegged to the dollar, amid accusations of price manipulation.\n\nWhile Tether has said all of its coins are backed by U.S. dollars held in reserve, the company has yet to provide conclusive evidence of its holdings to the public or have its accounts audited.\n\nSome accusations suggest that Tether is creating coins out of thin air and using those to purchase digital currencies via Bitifinex, thus artificially inflating prices.\n\nBitcoin briefly dropped below $8,000 on Friday as the wide-spread selloff continued to hammer cryptocurrencies. The largest digital coin by market cap has tumbled nearly 40% so far this year and has crashed approximately 58% since its all-time high near $20,000 reached last year.\n\nThe market cap of global cryptocurrencies was situated Friday at just under $394 billion, compared to $800 billion at the beginning of 2018.\n\nAt 8:00 AM ET (13:00GMT), Bitcoin actually performed “better” than other rivals that were also tanking on Friday. It was last off around 11%, or $1,065, at $8,350.\n\nBy descending market cap, Ethereum sank 22% to $885, Ripple tumbled 23% to $0.7900, while Bitcoin offshoot Bitcoin Cash slumped 18% to $1,105.50.",
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      "body": "https://www.paypal-gifts.com/media/catalog/product/cache/1/small_image/9df78eab33525d08d6e5fb8d27136e95/a/m/amazon.com_card_xxlweb.png\n(Reuters) - Amazon.com Inc (NASDAQ:AMZN) on Thursday reported a profit near $2 billion, the largest in its history, as the online retailer drew millions of new customers to its Prime fast-shipping club for the holiday season and as changes to U.S. tax law added to its bottom line.\n\nShares rose more than 6 percent in extended trading, after previously closing down 4 percent on the Nasdaq.\nhttp://static5.businessinsider.com/image/5a7381cd85cdd450008b4941-871/screen-shot-2018-02-01-at-40708-pm.png\nSeattle-based Amazon is using fast shipping, television shows exclusive to its website and forays into new technology, such as its voice-controlled Alexa devices, to attract high-spending Prime members. Amazon said price cuts at Whole Foods Market (NASDAQ:WFM), which it acquired for $13.7 billion last year, are helping it win grocery sales, too.\n\nThe world's largest online retailer said net income more than doubled to $1.86 billion, or $3.75 per share in the fourth quarter ended Dec. 31. Its profit received a provisional $789 million boost from the U.S. Republican tax bill passed in December. Analysts on average were expecting just $1.85 per share, according to Thomson Reuters I/B/E/S. (http://tmsnrt.rs/24gibla)\n\n\"This was another blow-out quarter for Amazon,\" said GBH Insights analyst Daniel Ives. \"The retail strength was eye-popping as the company had a banner holiday season and looked to capture roughly 50 percent of all e-commerce holiday season sales.\"\n\nAs expected, the period running from before the U.S. Thanksgiving holiday through New Years was Amazon's biggest-ever by revenue. Sales rose 38 percent to $60.5 billion in the quarter, beating estimates.\nhttp://cmeimg-a.akamaihd.net/640/photos.demandstudios.com/getty/article/190/214/142522661.jpg\nThe company's fast delivery, like its two-hour Prime Now service, has helped win over holiday shoppers eager to avoid the crowds of big box retailers. Prime saw more than 4 million sign-ups in one week alone last quarter, and revenue from subscription fees grew 49 percent to $3.2 billion, Amazon said.\n\nThat figure is expected to rise this quarter in part because the company recently raised the fee for month-to-month Prime plans, affecting some 30 percent of subscribers, according to analysts at Cowen & Co. Some 60 million, or close to half of all U.S. households, are estimated to have Prime subscriptions.\n\nAdvertising and other revenue rose 62 percent to $1.74 billion.\n\nPerhaps the surprise star of the past quarter was Amazon's voice aide Alexa, embedded in the company's Echo speakers and Fire TV players, as well as some cars and house gadgets. Millions of Amazon customers ordered goods by voice with Alexa in the past year, said Brian Olsavsky, Amazon's chief financial officer, on a call with reporters.\n\n\"Our 2017 projections for Alexa were very optimistic, and we far exceeded them,\" added Jeff Bezos, Amazon's founder and chief executive, in a statement. \"We don’t see positive surprises of this magnitude very often — expect us to double down.\"\n\nHEAVY SPENDING\n\nAmazon's stock has outperformed the S&P 500, rising almost 50 percent since the start of the fourth quarter, compared with the S&P's 12 percent rise.\n\nIts shares trade at a premium to those of many peers. The stock's price-to-earnings ratio is nearly 12 times that of cloud computing rival Microsoft Corp (NASDAQ:MSFT), for instance.\n\nAmazon Web Services (AWS), which is dueling with Microsoft to handle data and computing for large enterprises, saw its profit margin expand from the third quarter.\n\nThis was a \"sign of platform strength despite increasing competition,\" said Baird Equity Research analyst Colin Sebastian in a research note.\n\nAWS posted a 45 percent rise in sales to $5.1 billion.\n\nAmazon said it expects operating profit in the current quarter of between $300 million and $1 billion. Analysts were expecting $1.5 billion, according to analytics firm FactSet.\n\nOlsavsky, Amazon's CFO, told reporters, \"We’re still in heavy investment mode.\"\n\nThe company has become notorious for running on a low profit margin. Yet its big bets on new services and entry into new industries have reaped shareholders rewards over the past decade, including its founder Bezos, now the richest man in the world.\n\nAmazon continues to spend on a wide array of areas. It is expanding its retail footprint outside the United States, particularly in India, and almost doubled its international operating loss to $919 million in the fourth quarter. Amazon's global headcount is up 66 percent from a year ago at 566,000 full-time employees, thanks to a hiring spree and an influx of workers from Whole Foods Market.\n\nAnd earlier this week, it announced a partnership with JPMorgan Chase & Co (NYSE:JPM) and Berkshire Hathaway (NYSE:BRKa) Inc to determine how to cut health costs for hundreds of thousands of their employees.\n\nThe company said it plans to spend more on video content this year as well, with a prequel television series to \"The Lord of the Rings\" in the works. 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