According to a recent update from Haseeb Qureshi, the firm’s managing partner, crypto-centered investment firm Dragonfly Capital, just launched a new fund with $650 million worth of capital. Dragonfly...
Tag: Investing
U.S. Rep. Madison Cawthorn Accused of LGBCoin Pump-and-Dump Scheme
U.S. representative Madison Cawthorn may have defied federal insider trading laws after his alleged involvement in a crypto pump-and-dump scheme. Several watchdog groups allege that the North Carolina...
The Hazards Of Investing In $100 Oil: Part I
American actor Larry Hagman as J.R. Ewing, in the television series, ‘Dallas.’ (Photo by Hulton … [+] Archive/Getty Images) Getty Images Investors are always looking for ways to cash...
DeFiChain Launches Decentralized Bridge to Connect With BNB Chain
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial (DeFi) applications and services to everyone, officially announces the launch of DeFiCha...
Central African Republic Becomes First African Country to Adopt Bitcoin
The Central African Republic (CAR) has become the first country on the continent to unanimously accept a bill governing the use of Bitcoin. On April 26th, Faustin Archange Touadera, the President of C...
Nvidia, AMD, Semiconductor Stocks Hit Despite Chip Shortage
Shares of the major semiconductor producers have been heavily pressured even in the face of strong and broad demand for chips. The shares of Nvidia (NVDA) – Get NVIDIA Corporation Report, Advan...
Ethereum Name Service (ENS) Jumps 30% Amid Club Culture Frenzy
The native token for the Ethereum Name Service (ENS), a distributed naming system based on the Ethereum blockchain, increased by over 30% within the last 24 hours. The price of the token moved from $1...
Finnish Government Considers $77M Bitcoin Donation to Help Ukraine
The Finnish government has revealed plans to donate proceeds from seized bitcoins to assist Ukraine in its ongoing conflict with Russia, according to a recent report by a local media outlet. The repor...
U.S. Congress Members Own About $1.8M Worth of Crypto Assets, Raises Concerns
Recent data from 2iQ Research showed that more than 20 members of the United States Congress, both Democrats and Republicans, have invested approximately $1.8 million directly in crypto assets or indi...
Leading Blockchain Company 0x Labs Secures $70M in Series B Funding Led by Greylock
San Francisco-based decentralized exchange infrastructure provider 0x Labs has just raised $70 million in a series B funding after securing $15 million from its previous funding last year. Although ...
Oddity Tech Ltd Launches Security Token Offering to Democratize Investing
Oddity Tech Ltd., an online beauty-care retailer, based in New York, announced on Tuesday the launch of its Oddity Token, a digital security token built on the Ethereum blockchain, to provide an oppor...
Investors Are Eyeing Coca-Cola After A Blowout Quarterly Earnings Report
Getty Images Key Takeaways During the Coca-Cola earnings call on Monday, the beverage company reported quarterly numbers that topped expectations Net revenues grew 16% to $10.5 billion, while per-shar...
Warren Buffett’s simple investing advice that’s beaten most pros for 12 straight years: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, April 27, 2022 “I recommend the S...
Cramer’s Mad Money Recap 4/26: General Electric, PepsiCo, Coca-Cola
There are three big worries in the stock market, Jim Cramer told his Mad Money viewers Tuesday, but we’ve been worrying about them for months now. Instead of worrying, he said, maybe it’s ...
Top Three Cryptocurrencies to Watch This Week: BTC, ETH, APE
The past week was termed “unfruitful” as most cryptocurrencies failed to record any significant increase. The crypto market opened the timeframe at $1.8 trillion and peaked above $1.9 trillion. Unfor...
Binance Has Helped Recover Over $200M in Stolen Crypto
Changpeng Zhao (CZ), the CEO and founder of the popular cryptocurrency exchange Binance, revealed in an Interview with Financial Times that the company has helped to recover over $200 million of stole...
Fidelity Investments to Allow Employees Save Bitcoin in 401(k) Accounts
US-based financial services company Fidelity Investments said it would allow investors to add Bitcoin (BTC) to their 401(k) retirement savings accounts later this year. Fidelity Launches Bitcoin Reti...
Carvana Has a Difficult Uphill Climb After a Series of ‘Engine’ Problems
Last week, Carvana (CVNA) , the online used-car selling platform, released a terrible quarter. In a research note on Monday, J.P. Morgan called it “a confidence shattering quarter” and red...
U.S. Attorney Charges Griffith’s Partners For Conspiracy Against The United States
The Southern District of New York, through its Attorney General Damian Williams, has issued charges against two European nationals for allegedly conspiring to help North Korea evade U.S. sanctions. Th...
DeFi VS NFT: What to Look for When You’re Investing
Calyx Token (CLX) vs Cardano (ADA) vs ApeCoin (APE) Non-fungible tokens (NFTs) are all designed using comparable technology to cryptocurrencies like Bitcoin and Ethereum, but that’s about it. E...
Bitcoin Sustainable Energy Mix Tops 58% as Network Becomes Greener
A recent survey report by the Bitcoin Mining Council (BMC), a voluntary global group of bitcoin miners who are committed to the network and it’s core principles, has revealed that Bitcoin mining is be...
What You Should Know Before Investing In Fidelity’s Bitcoin Retirement Accounts
NEW YORK CITY, NY, UNITED STATES – 2020/02/17: A view of an american multinational financial services corporation Fidelity Investments logo. (Photo by Alex Tai/SOPA Images/LightRocket via Getty ...
Five Powerful Ways Elon Musk’s Twitter Could Affect Crypto
Tesla’s CEO and billionaire, Elon Musk, has now acquired the popular social media app, Twitter. The acquisition comes after the tech billionaire had earlier declined an offer to become a board member ...
Crypto Exchange Kraken Obtains Full Financial License in Abu Dhabi
Popular cryptocurrency exchange Kraken has secured a Financial Services Permission (FSP) license from Abu Dhabi Global Market (ADGM) to operate as a regulated virtual asset exchange platform in its ju...
Annaly Capital to Sell Middle- Market Lending Portfolio to Ares for About $2.4 Billion
Text size Ares currently has $314 billion assets under management, up from $25 billion in 2008. Dreamstime Ares Management Corp said Monday that it agreed to buy the middle-market lending portfolio of...
Opinion: Berkshire and Buffett have 5 words for sellers who want their money: ‘Take it or leave it’
As fans flock this weekend to Omaha, Neb. for Berkshire Hathaway’s annual shareholders meeting hosted by Chairman and CEO Warren Buffett, you may be wondering what all the fuss is about. The answer: ...