Cryptocurrency mixing platforms, also known as tumblers, have been experiencing increased usage from individuals who wish to obscure the origin of their funds, blockchain analytics firm Chainalysis sa...
Tag: Investing
Predicting Market Moves Is Worthless Without These Two Other Skills
Predictions about the stock market are easy. There are thousands of them made on a daily basis. Sometimes they are right, and quite often, they are wrong. Since financial media try to communicate inte...
Why the bond market should be given the benefit of the doubt
The bond market’s rout has gone too far, so look for interest rates to decline in coming months. If that happens, it certainly would be good news to beleaguered retirees and near-retirees who have an ...
7 financial planning steps to take in the decade before retirement
The decade leading up to your retirement is one of the most critical periods for retirement planning. There are a number of financial planning issues to consider during this time period to help ensure...
QNT Faces Threats of Massive Selloffs as it is Overbought
Quant was on an uptrend over the last four days. The token saw the surge start the previous week as it recorded massive gains during this period. The asset was the the top gainer during the previous i...
Starbucks Store Closings Spark Dispute With Unionizing Employees
Starbucks (SBUX) – Get Starbucks Corporation Report interim Chief Executive Howard Schultz is looking to the future. In a July 11 letter to employees Schultz laid out a new vision and principl...
I’ll be 65 soon, have $320,000 in retirement savings and a paid-off home but I’m $46,000 in debt – should I take more money out of my investments?
I’ll be 65 in a couple months. I retired at 63 and am currently receiving survivor Social Security payments (from my late husband). I plan on switching over to my Social Security at 70. I receive abou...
Elon Musk Warns U.S. and EU of New Energy War
Elon Musk completely disrupted the automotive industry. With Tesla (TSLA) – Get Tesla Inc. Report, the manufacturer of premium electric vehicles, the richest man in the world has caused a real ...
75 or 100 basis points? Lost in market debate over Fed’s next rate hike is ‘how long inflation stays at these levels’
Debate has been simmering over whether Federal Reserve policy makers will raise the fed-funds rate by three-quarters of a percentage point later this month, as they did in June, or step up their infla...
When the Market Is a Royal Pain, Go With These Dividend Kings
Inflation continues to rear its ugly head and interest rates are likely to continue rising, which makes for a broad headwind for the stock market. In times like this investors looking for safe income ...
Create a Million Dollar Legacy by Investing in Uniglo (GLO), Mina Protocol (MINA), and Qtum (QTUM)
Sometimes, selecting your investment isn’t just about you. For many people, investments are for leaving something behind for their family and loved ones. As an area with strong earning potential, the ...
Cannabis News Week: SAFE Banking Passes House (Again); New York Cracks Down
The U.S. House of Representatives passed the Secure and Fair Enforcement Banking Act this week as a rider on the 2023 National Defense Authorization Act. Before you light your joints in celebration, k...
Is Tilray Going Up in Smoke?
Shares of cannabis company Tilray Brands (TLRY) soared quickly to around $300 back in 2018 but today trade for just a touch above $3 — a rude awakening to buy-and-hold investors who looked for g...
The U.S. dollar hasn’t been this strong against the euro in 20 years. Here’s what happened next.
A gutsy contrarian bet right now is that the strong U.S. dollar will weaken, particularly versus the euro. A secondary bold bet is that U.S. stocks will lag international equities. Dollar weakness wou...
OpenSea Lays off 20% of Employees to Prepare for a Prolonged Crypto Winter
Leading non-fungible token (NFT) marketplace OpenSea has slashed 20% of its workforce due to the ongoing economic slump, joining the long list of firms that have laid off their employees to stay afloa...
Get Your Portfolio Back into The Green by Investing in Top Ethereum Projects; Uniglo (GLO), Shiba Inu (SHIB), and Chainlink (LINK)
Cryptocurrency is a relatively new investment space known to suffer from high volatility. And the current bear market has set up a stage for that volatility to come to light. But investors don’t need ...
Bitfinex Donates $1.3M Worth of BTC and USDT to Small Businesses in El Salvador
Bitfinex, a cryptocurrency exchange owned and operated by iFinex Inc., announced Thursday the donation of 36 bitcoins and 600,000 USDT to bitcoin-friendly El Salvador. Bitfinex Donates $1.3 Million to...
CoinPayment to Shut Down U.S. Operations on July 19, Warns Users to Withdraw Funds
Global crypto payment processor CoinPayment and its parent company UAB Ventures are on the verge of exiting the U.S. market due to heightened security obligations and market changes, BleepingComputer ...
Crypto Exchange OKX Receives Provisional License in Dubai
Popular cryptocurrency exchange OKX, formerly known as OKEx, has joined a growing list of crypto trading platforms to receive approval to operate as a digital asset service provider (DASP) in Dubai. ...
Alphabet Stock: What the Charts Say Ahead of 20-for-1 Stock Split
Alphabet (GOOGL) – Get Alphabet Inc. Report (GOOG) – Get Alphabet Inc. Report stock had a nice pop last week but has been struggling over the past few days. The shares are down about 1% ...
Terra’s Fallen USTC Held 7th Largest Stablecoin in Q2 Despite $0.03 Peg
Singapore-based cryptocurrency data aggregator CoinGecko has just released its second quarter (Q2) report for 2022. The report outlined the condition of the entire stablecoin market. The top 15 stable...
‘I just wake up and cry’: Voyager and Celsius bankruptcies have destroyed some crypto investors’ confidence in centralized platforms
Yotsy Ruiz recently bought his first ever crypto hardware wallet — a Nano X from Ledger. He is transferring all his crypto holdings that he can still move to the small physical device which looks like...
Cathie Wood: Recession Is Already Here; Deflation, Too
Investor Cathie Wood, chief executive of Ark Investment Management, on July 12 reiterated her view that we’re suffering from deflation, not inflation. And she said we’ve already entered recession. The...
Crypto Lender Celsius Network Files for Chapter 11 Bankruptcy Protection
Beleaguered cryptocurrency lender Celsius Network announced Wednesday that it has filed for Chapter 11 bankruptcy protection for reorganization in the U.S. Bankruptcy Court of the Southern District of...
A psychologist’s 5 steps to stop panicking about your 401(k)
In the fall of 2008, when global stock markets were imploding, I happened to be in New York. I switched on the TV in my hotel room and saw financial commentator Suze Orman on Larry King Live. She took...