Microstrategy has purchased more bitcoin amid a heavy market sell-off. The announcement followed a clarification by the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, sta...
Tag: Commodity
Microstrategy Buys More Bitcoin After SEC Says BTC Is a Commodity — Company Now Hodls 129,699 Bitcoins – Featured Bitcoin News
Microstrategy has purchased more bitcoin amid a heavy market sell-off. The announcement followed a clarification by the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, sta...
Opinion: Sell Exxon Mobil and other energy stocks before these headwinds hit prices once again
Energy stocks have been the star investment this year. Now it’s time to sell them and electrify your portfolio before investors once again focus on the industry’s long-term headwinds. There are a hos...
This veteran money manager has seen it all. And these 19 dividend stocks pass his rigorous quality screen right now.
Lewis Altfest’s time in the finance industry spans seven decades. He has some words of advice for investors who aren’t used to stomach-churning stock-price moves. He founded Altfest Personal Wealth Ma...
What’s next for the stock market after the worst 1st half since 1970? Here’s the history.
A bear market that began shortly after the calendar flipped over to 2022 has the S&P 500 on track for its worst first half in 52 years. Investors looking ahead to the end of the year might have so...
SEC Chair Gary Gensler Singles Out Bitcoin, Says BTC Only Crypto He’s Willing To Label a Commodity
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler says he believes most crypto assets are securities. In a CNBC interview, Gensler says Bitcoin (BTC) is the only crypto asset that fits ...
U.S. stock futures struggle for gains ahead of GDP data
U.S. stock futures struggled for direction on Wednesday, leaving Wall Street potentially on course for a third consecutive day of losses, as investors fret that soaring inflation is damaging the world...
Bitcoin’s Next Headwind: Struggling Crypto Miners
Text size Miners spend an average of $15,000 to produce each coin, JPMorgan estimates. Dreamstime The plummeting price of Bitcoin could force crypto miners to sell the tokens to fund operations, furth...
Why the S&P 500 may be in for a 1966-style bear market, according to DWS Group
The S&P 500 has found good support recently and, while in a bear market, the large-cap index may not fall much further this year, said David Bianco, chief investment officer of the Americas for fu...
Micron earnings to provide more clues as to whether chip boom has passed
Micron Technology Inc.’s earnings on Thursday will provide a much-anticipated clue into a problem that has worried Wall Street all year about the chip industry: Whether customers have been hoarding ch...
SOX semiconductor index could double over the next couple of years, analyst says
Despite potential for further downside, semiconductor stocks could rebound significantly over the next couple of years, according to Columbia Threadneedle Senior Equity Analyst Dave Egan. Semi stocks ...
SEC Chairman Categorize Bitcoin As a Commodity ! Here’s Why – Coinpedia – Fintech & Cryptocurreny News Media
Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), claims that Bitcoin is a commodity. He emphasized that financial regulators, the CFTC, and the SEC would collaborate t...
Community reacts after SEC’s Gensler affirms BTC’s commodity status
United States Securities and Exchange Commission Chair Gary Gensler riled up Crypto Twitter on Monday after affirming that Bitcoin (BTC) is a commodity. Questions were raised about its impact on Grays...
How long will stocks stay in a bear market? It hinges on if a recession hits, says Wells Fargo Institute
When the S&P 500 officially dropped into a bear market on June 13, closing down more than 20% from its last peak, it stirred debate about whether investors should hold tight or think about buying ...
SEC’s Gensler Reiterates Bitcoin Alone Is a Commodity. Is He Right?
In Saylor’s world, the government’s stamp of approval is a stepping-stone towards bitcoin being embraced as a “treasury reserve asset” for “politicians, agencies, governments and institutions” the wor...
‘Bitcoin Is a Commodity.’ But What About Ethereum?
Securities and Exchange Commission (SEC) Chairman Gary Gensler has said that bitcoin is the only cryptocurrency that could be considered a commodity. However, the same cannot be said for Ethereum. “Ma...
SEC: Gary Gensler considers Bitcoin to be a commodity
During a CNBC interview at the Squawk Box, US SEC Chairman Gary Gensler made important statements about Bitcoin being likened to commodities, and cryptocurrencies that would be like securities. These ...
Default Won’t Trigger a Long Winter for Russia
Failing to pay your debts can stop you getting a loan again. Except if you are a country—even Russia. Russia has defaulted on its foreign debt for the first time since the Bolshevik Revolution. Becaus...
Bitcoin, a commodity? SEC’s Gensler certainly thinks so…
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler discussed his opinions on cryptocurrencies, including Bitcoin, in an interview with Mad Money host Jim Cramer on CNBC recently. Acco...
SEC Chair Gensler Affirms Bitcoin Is a Commodity — ‘That’s the Only One I’m Going to Say’ – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says bitcoin is a commodity. He emphasized that the SEC, the Commodity Futures Trading Commission (CFTC), and banking r...
SEC Chairman is Only Willing to Call Bitcoin a Commodity
Securities and Exchange Commission (SEC) Chairman Gary Gensler recently confirmed that he believes Bitcoin is best classified as a commodity, rather than a security. However, he refused to comment on ...
Citigroup cuts S&P 500 target to reflect blend of recession, ‘soft landing’ scenarios
Citigroup analysts have cut their S&P 500 target for this year by 500 points to 4,200, after stubbornly high inflation spurred the Federal Reserve to aggressively raise interest rates. “Fed hawkis...
Wall Street bear who called stock-market selloff sees S&P 500 up another 7% before turning lower
Morgan Stanley’s Mike Wilson is one of Wall Street’s most vocal bears. But even he thinks this bear-market rally has more room to run. After the Dow Jones Industrial Average DJIA, -0.20%, S&P 500 ...
Bitcoin Is The Only Commodity, SEC Chair Says On Regulation
The U.S. Securities and Exchange Commission (SEC) Chairman Gar Gensler hinted at what could be the future of Bitcoin and crypto regulation in this country. In an interview with CNBC’s Market Alert, Ge...
SEC Chairman Piles Pressure on Altcoins, Says ‘Bitcoin Is the Only One I Am Willing To Say Commodity’
– Advertisement – For SEC Chairman Bitcoin is the only crypto that is a commodity. Gary Gensler, the chairman of the Securities and Exchange Commission, has stated that Bitcoin (BTC) is th...
Gensler labels bitcoin a ‘commodity’ as crypto prices stabilize
Securities and Exchange Commission Chairman Gary Gensler said Monday that bitcoin BTCUSD, -0.24% was the only cryptocurrency he was prepared to publicly label a commodity, rather than a security, in a...
SEC Chairman Gary Gensler calls Bitcoin a commodity
? Want to work with us? CryptoSlate is hiring for a handful of positions! U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said that Bitcoin was the only cryptocurrency he was prepa...
Cruise Lines Can’t Duck Their Debt
Cruise ships, it seems, are like ducks—elegant and effortless above the water, fighting like crazy to stay afloat beneath. On the surface, the industry is finally steaming ahead after over a year at b...
Nio stock bounces, after EV maker disputes short-seller report, saying it contained ‘numerous errors’
Shares of NIO Inc. were knocked down by a short-seller report on Wednesday, alleging exaggerated financial results, even as the China-based electric vehicle maker said the report is without merit and ...