According to a report by Bloomberg, three Arrows Capital has filed for Chapter 15 Bankruptcy. 3AC used to be one of the largest crypto investment firms, but the recent market conditions have proven ch...
Tag: Financial
If You’ve Got Time, These Three Dividend Aristocrats Should Pay Off
If you’re an investor with long time horizon, then you should meet these three high-growth Dividend Aristocrats. Dividend Aristocrats, as a reminder, are a group of 65 stocks in the S&P 500 ...
Big Ten Swipes USC And UCLA From Pac-12 In Big Financial Coup
Photo by Dylan Buell/Getty Images. Getty Images In a major coup for the Big Ten Conference, both the University of California Los Angeles (UCLA) and the University of Southern California (USCSC ) are ...
Coupang Could Make a Bigger Trading Bounce
Coupang, Inc. (CPNG) is a South Korea-based e-commerce company founded by Bom Kim back in 2010 and it got a favorable nod by a sell side firm Friday. Let’s check out the charts and indicators. ...
My Setup for the Second Half of 2022 Begins With These 13 Stock Picks
Now for the toughest trick. Equity markets just turned in their worst first half since 1970. You do realize how long ago that was, right? I was in first grade. In the blink of an eye, I am now one of ...
Bitcoin Tumbles Towards Washout as Crypto Enters ‘Get Me Out’ Phase
In our June 13 review of bitcoin futures we gave a sober outlook for prices including a price target: “In this daily Point and Figure chart of bitcoin, below, we can see the breakdown and a pric...
PNC Financial Services Group, Dupont, Lindsay, Watsco, Micron Technology
The board of directors of The PNC Financial Services Group declared a quarterly cash dividend on the common stock of $1.50 per share. The dividend will be payable Aug. 5, 2022, to shareholders of reco...
Financial Companies Report First Deal With Digital Assets Under Russian Law – Finance Bitcoin News
Two companies have carried out Russia’s first transactions with digital financial assets as defined by the country’s current legislation. The deal involved the tokenization of debt issued by a third p...
Singapore Financial Regulator Reprimands Three Arrows Capital
The Monetary Authority of Singapore (MAS) on Thursday reprimanded crypto hedge fund Three Arrows Capital for breaching several regulations. The MAS said that the fund had provided false information to...
As Carnival, Royal Caribbean and Norwegian Sink, Here’s When to Dive In
Cruising stocks floated about as well as a sack of bricks on Wednesday. A Morgan Stanley analyst made negative comments about the industry, and questioned one company’s ability to withstand a re...
Russia’s State-Owned Bank Subsidiary VTB Signed Its First Major Deal With Digital Financial Assets: Details
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Three Arrows Capital gets a slap on the wrist from Singapore financial watchdog
Singapore’s financial regulator has reprimanded three Arrows Capital (3AC) for providing false information about its operations in the country. The Monetary Authority of Singapore (MAS) said that 3AC ...
Already On An Untenable Financial Path, NCAA Schools Are Inviting More Legal Trouble If They Oversee NIL
MINNEAPOLIS, MN – APRIL 03: Head coach Dawn Staley of the South Carolina Gamecocks celebrates a win … [+] over the Connecticut Huskies in the championship game of the NCAA Women’s Ba...
Cryptocurrencies are not currencies nor a financial asset
As India continues to debate the right framework for cryptocurrency regulations, the country’s central bank has reiterated why digital assets are a risk to the financial system. The institution ackno...
VTB sealed the first deal with digital financial assets in Russia
VTB Factoring, a subsidiary of Russia’s state-owned bank, reported the first major deal with digital finance assets. As part of the deal, the bank subsidiary acquired a tokenized debt pool of the engi...
Carnival Traders Are Voting With Their Feet
A fundamental analyst at a major sell side firm cut their price target on cruise line operator Carnival Corp (CCL) to $7 and made a bearish case for the stock going to $0 (zero). Pretty drastic. Let&#...
Top Executives Quit as Babel Finance Sees Financial Woes
Troubled crypto lending firm Babel Finance is continuing to face further woes as multiple top employees are leaving the company. According to the latest report, one of the prominent employees, Yulong ...
Deloitte partners with NYDIG to offer Bitcoin financial services
Deloitte, one of the largest accounting firms globally, and Bitcoin firm NYDIG have announced a partnership that will allow companies to integrate digital asset services in their operations. Deloitte ...
CryptoDaily Video: The Latest Updates In Financial And Crypto News
Stay updated on the latest developments in the crypto and financial space through CryptoDaily Video. As a news portal, we at CryptoDaily™ have always strived to stay on the cutting edge, bringing the ...
Peter Schiff called the 2008 financial crash and now says the next downturn will be worse. Here’s what he likes for safety
‘This recession will be the most severe yet’: Peter Schiff called the 2008 financial crash and now says the next downturn will be worse. Here’s what he likes for safety By now, quite a few celeb...
Top Financial Strategies For Your Business
Running a business requires proper use of your finances if you want to enable growth and success. You may rely on credit cards or saving to try and get through tough times, but there are some strategi...
Trip.com Financial Results Beat & Benefits From China Covid Easing
China Last Night KraneShares Key News Asian equities were largely higher as China, the Philippines, and Malaysia outperformed. Hong Kong and China both opened lower but did a mid-day 180 as reports ca...
Optimistic Financial Advisors Expect 4.4% Return In 2022 According To Survey
Financial advisors offered bullish sentiment despite recent market losses in a survey by $1.3 … [+] trillion asset management firm Natixis Investment Managers. getty Despite the brutal market dr...
Gensler proposes working together with other financial regulators under “one rule book”
The SEC has been in discussions with other financial regulators, including the Commodity Futures Trading Commission (CFTC), to work to provide greater regulation of the cryptocurrency space. According...
Should You Buy Micron Technology Ahead of Earnings?
By BRUCE KAMICH Jun 27, 2022 | 12:20 PM EDT Stocks quotes in this article: MU Micron Technology ( MU) made a high back in December and then has traded lower into June. The shares are trading below the...
Bit.com Plans to Double Workforce as Layoffs Mount in Crypto and Financial Markets
The crypto markets are going through a rough phase. Bitcoin has crashed more than 70% in 8 months. Amidst the crash, several companies are laying off their employees, desperately trying to save cash. ...
Opinion: Early retirement in 3 steps: Follow the ‘Cashing Out’ couple’s road map to financial freedom
A couple of months ago, our five-year-old son was relieved to find out that he could have two best friends. For weeks he’d been stuck in an innocent adolescent triangle where both kids wanted him to b...