In my April 28th Real Money column, I wrote a heartfelt letter to Elon Musk imploring him to walk away from Twitter (TWTR) . I awoke this morning to news that Musk had tweeted that he had “tempo...
Tag: Financial
‘Rebalancing during this pullback is a great idea’: 6 questions to ask your financial adviser right now as stocks continue to tumble
First, consider this general guide on investing: it’s about playing the long game instead of hyperventilating over headlines and doing something drastic, financial advisers say. Now file that statemen...
FSB Chair warns of risks posed by crypto to financial stability
Klass Knot, the Chairman of the Financial Stability Board (FSB), has issued a warning regarding the growing use of cryptocurrencies. Knot said that the cryptocurrency sector could cause notable harm t...
Yellen Says Crypto Poses No Systemic Risk to Financial System
In brief Treasury Secretary Yellen acknowledged that a $2 trillion market cap for crypto is not a systemic risk. Yellen also addressed the recent meltdown of the Terra stablecoin UST. Treasury Secreta...
Stanhope Financial Group Secures $10 Million Funding from Gate.io
On Thursday, Gate.io, a cryptocurrency trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering acc...
Treasury Secretary Yellen Says Stablecoins Pose Financial Stability Risks, Cites Collapse of TerraUSD (UST)
U.S. Secretary of the Treasury Janet Yellen is calling for legislation that will regulate stablecoins to eradicate the risks she believes they pose to financial stability. While testifying before the ...
Crypto Markets Could Soon Threaten Global Financial Stability
The Chairman of the Financial Stability Board (FSB) – Klaas Knot – raised concerns that the cryptocurrency sector could harm the monetary network in the future. In his view, the digital asset market i...
Microstrategy’s looming margin call | Financial Times
Microstrategy says its business model is built around two core strategies: buying and holding vast, vast quantities of bitcoin and developing software, in that order. It’s an excellent plan when the p...
UST Meltdown Hasn't Spurred US Financial Stability Council Meeting: Sources
As one of crypto world’s major stablecoins – TerraUSD (UST) – slid toward disaster this week, it hasn’t triggered any meetings of U.S. government officials. Despite the recent federal stance that stab...
The Fed cites its concern about stablecoins in its latest Financial Stability Report
The United States Federal Reserve Board released its semiannual Financial Stability Report on Monday. The report points to the volatility on commodities markets brought on by the Russian invasion of U...
FSB financial watchdog, proposes to write a crypto rulebook
The current cryptocurrency market is in free fall, and financial regulators haven’t ignored it. With the crypto sector as the tip, a significant margin has taken down global markets. Fears about Ameri...
Janet Yellen Says UST’s Collapse Illustrates Risks to Financial Stability
Alex Dovbnya Terra imbroglio has gone all the way to a congressional hearing During a congressional hearing organized by the Senate Banking, Housing and Urban Affairs Committee, U.S. Treasury Secretar...
Bitcoin Miner CleanSpark Announces Second Quarter 2022 Financial Results, Beating Analyst Expectations
CleanSpark announced financial results for the second quarter of 2022, with total revenue for the quarter quadrupling year-on-year to $33.5 million and adjusted earnings before interest, taxes, deprec...
Nigerian Government Enhances eNAIRA to Draw Financial Inclusion
The Central Bank of Nigeria (CBN) has announced the upgrade to its Central Bank Digital Currency (CBDC) dubbed the eNAIRA. Bariboloka Koyor, a Branch Controller of the apex bank confirmed the new move...
Where Nvidia, AMD, Intel and Qualcomm Shares Now Stand
Nvidia (NVDA) , Advanced Micro Devices (AMD) , Intel (INTC) and Qualcomm’s (QCOM) valuations have all compressed significantly this year. But I think two of these big-name chip developers have...
Federal Reserve says stablecoins are ‘prone to runs’ in new financial stability report
The US Federal Reserve has spotlit the risk of market runs on stablecoins in a newly issued report. In a May 9 report on financial stability, the Fed emphasized stablecoins alongside certain money mar...
Economist who predicted 2008 financial crisis says ‘U.S. economy is about to shut down’
Economics and financial experts are predicting what will happen next in the wake of recent price increases and the general inflation which have impacted the United States economy. In light of recent ...
Leading the way In Financial Content Marketing – Contentworks Agency Celebrates 5 Years
Contentworks is the go-to content marketing agency for the finance space. Working in a fast-moving environment, the agency’s team of financial services content marketers provides technical analysis, f...
New Financial Stability Report of Federal Reserves
The Federal Reserve research stablecoins reported that dollar-pegged stablecoins exhibit “safe asset qualities” in comparison to other crypto assets. The price rises above its peak during market distr...
Crypto presents golden opportunity for UK to take back financial crown post-Brexit
The U.K. has the opportunity to become a global crypto hub by ditching ‘Brussels rules,’ according to the Telegraph, which continues to promote the idea of the City of London reinventing itself throug...
6 financial advisers and pros answer one question: ‘If a client came to you with $1,000 to invest right now, what would you tell them to do with it?’
Imagine this: You’ve got $1,000 to invest, but you don’t know what exactly to do with it. We asked 6 financial advisers what they’d do if a client came to them with $1,000 — here’s what they advise. (...
Bearish Bets: 3 Slumping Stocks You Should Consider Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
This Prescient Contrarian Indicator Is Flashing a Very Bullish Signal
The trading was harsh enough Thursday to send several of the equity indexes back below their support levels. However, none of the near-term trends were violated. For sure, the markets remain on volati...
Forget ‘Buy Low and Sell High,’ and More Wisdom from William J. O’Neil
William J. O’Neil is well-known as the founder of Investors Business Daily and the author of the book called, “How to Make Money in Stocks: A Winning System in Good Times and Bad.” T...
Russia’s scams increase through financial pyramids
Russia and its economic deficit reached a new panorama after the leading pyramid companies in the country were involved with cryptos. Hackers are reportedly taking advantage of current trending points...
Majority of Russia’s Financial Pyramids in Q1 Linked to Crypto, Scammers Exploit Sanctions Topic – Coinotizia
Many of the financial pyramids identified in Russia during the first quarter of the year have been associated with cryptocurrencies, a top central bank official has revealed. Fraudsters are actively e...
Majority of Russia’s Financial Pyramids in Q1 Linked to Crypto, Scammers Exploit Sanctions Topic – Bitcoin News
Many of the financial pyramids identified in Russia during the first quarter of the year have been associated with cryptocurrencies, a top central bank official has revealed. Fraudsters are actively e...
Latest savings rates | Financial Times
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Latest Isa rates | Financial Times
Cash Isas Al Rayan Bank alrayanbank.co.uk A Instant Access ISA (3) Instant £50 Yes 1.00% Mly Melton BS via branch 100 Day Notice ISA 100 Day £25 No 1.00% Yly SAGA saga.co.uk Saga Cash ISA None £1 No 1...
Argentina’s central bank blocks financial institutions from offering crypto
Argentina’s central bank (BCRA) announced today that financial institutions cannot enable their clients to carry out operations using digital assets, just days after two banks said they had open...