Here’s how best to play the market for the rest of 2022: Don’t look. I offer this advice not because I believe the bear market will continue—though of course it could. I would offer the same advice if...
Tag: Investing
BlockFi Raises Interest Rates on Crypto Deposits Despite Market Downturn
Leading cryptocurrency lending platform BlockFi has disclosed plans to increase rates on selected crypto assets, including BTC, ETH, and USDC, in its Interest Account (BIA) starting July 1. “On Frida...
SEC Chair Gary Gensler Pushes for “One Rulebook” to Regulate Crypto
Gary Gensler, the chairman of the United States Securities and Exchange Commission (SEC), has once again called out for cryptocurrency regulations after warning investors to be aware of crypto assets ...
Solana Announces New Blockchain Smartphone for Web3 Experience
Solana Mobile, the newly established mobile technology division of Solana Labs, has unveiled its first Android smartphone to promote the web3 experience on the go. Solana Announces New Smartphone In ...
There’s No Clear Sailing Ahead for Carnival: Here’s How to Play It
Finally. What was that? Around 09:15 am ET. Surprised Carnival Corp (CCL) didn’t wait until after the opening bell. One would immediately think that maybe the firm released their numbers so clo...
Crypto Derivatives Exchange CoinFLEX Suspend Withdrawals, Citing “Extreme Market Conditions”
Popular cryptocurrency derivatives exchange CoinFLEX has joined a growing list of crypto-related platforms that have suspended withdrawals. In an official announcement on Thursday, the exchange noted...
Shopify Is Showing Us Bottoming Action From May
In our April 25 review of Shopify (SHOP) we wrote that “Traders should continue to avoid the long side of SHOP. We are likely to see a better buying opportunity in the months ahead.” Has t...
The stock market’s return will be minus 3.3% a year over the next decade, says this ‘single greatest predictor’
This month we’ve received both good and bad news from the “single greatest predictor of future stock market returns.” I’m referring to the indicator, first proposed by the Philosophical Economics blog...
How to Make Passive Income With KuCoin During a Bear Market?
The cryptocurrency market is currently in a slump. However, it is not the end of the world. There are still a lot of opportunities to make money with cryptocurrencies and, moreover, passively. One of ...
Wells Fargo Stock Leads Banks As Stress Tests Boost Dividend Bets
Updated at 10:37 am EST Wells Fargo (WFC) – Get Wells Fargo & Company Report, and JPMorgan (JPM) – Get JP Morgan Chase & Co. Report traded higher Friday after the Federal Reserve...
What Is Binance Swap Farming, and How to Use It?
If you use Binance, you know it is not just a regular exchange. It is a whole ecosystem consisting of many different exciting products. One of them is Binance Swap Farming, which we will focus on in t...
Axie Infinity’s Ronin Network to Reopen Bridge Months After $625M Hack
Ronin Network, the Ethereum-based sidechain created by Axie Infinity developers, has announced that it will reopen its bridge to aid users with the ease of moving their assets across the Ethereum netw...
What Did Warren Buffett See in Occidental That Carl Icahn Missed?
Berkshire Hathaway ( (BRK.A) – Get Berkshire Hathaway Inc. Report) purchased another 9.6 million shares of Occidental Petroleum ( (OXY) – Get Occidental Petroleum Corporation Report), incr...
Women prefer values-based investing. Here’s how that impacts their wealth
Mint Images | Mint Images Rf | Getty Images Women prefer investing in a way that helps the environment and does social good, some studies have found. Such values-based investing could help raise women...
Polestar Makes a Move to Take On Tesla
Swedish electric vehicle company Polestar is set to go public on the the Nasdaq on June 24, joining several other automakers in the highly competitive EV market. The company, which is jointly owned by...
Cathie Wood Watch: Ark Sells Spatial Data Company’s Stock
Famed investor Cathie Wood sold shares of a spatial data company and a familiar biotechnology name June 22. And for the second day in a row, she bought shares of an autonomous vehicle company and a di...
Harmony Protocol Loses $100M to Horizon Bridge Hack
Blockchain network, Harmony Protocol, has reported a security breach leading to the loss of approximately $100 million. Hackers exploited a vulnerability to steal 85,837 ETH (appr. $100 million) from ...
Google Ventures & The Virgin Group Are Investing In Sesame, A “Superstore” For Healthcare
Healthcare is at a tipping point. Amidst a myriad of regulations, pharmaceutical pricing policies, insurance premiums and co-payments, and varying care models, navigating affordable healthcare is a si...
Zendesk Close to Striking Buyout Deal, Sources Say
Zendesk Inc. is close to a deal with a group of buyout firms, according to people familiar with the matter, resurrecting a failed attempt to sell itself in what would be one of the biggest private-equ...
Binance CEO CZ Backs Crypto Bailouts, but Only for ‘Great’ Projects
The past two weeks have been a difficult time for the global crypto market. Many crypto projects were impacted and the total market capitalization slipped below the $1 trillion mark. Some affected cry...
Ken Griffin Moving Citadel From Chicago to Miami Following Crime Complaints
Billionaire Ken Griffin is relocating his hedge-fund firm Citadel from Chicago to Miami, the third major employer to announce the move of a corporate headquarters from Illinois in the past two months....
Binance Partners Legendary Footballer Cristiano Ronaldo For NFT Push
Leading cryptocurrency exchange, Binance has recently announced an exclusive multi-year NFT partnership with the legendary Portuguese footballer, Cristiano Ronaldo. According to an official announceme...
Revlon Declared Bankruptcy. Why Is Its Stock Soaring?
A funny thing happened on the way to Revlon’s bankruptcy. By all accounts, it should have been lights out for Revlon (REV) – Get Revlon Inc. Report. On June 16, the cosmetics company fil...
Are Cryptocurrencies Pegged to Gold Worth Investing In?
Investors and retirees that want to store wealth long-term have started buying gold coins, as they retain value better than fiat currencies. However, some people want to invest in gold but are also in...
Binance.US Cancels Fees on Bitcoin Spot Trading Pairs
Binance.US, the American affiliate of the leading cryptocurrency exchange Binance, has removed fees for Bitcoin trading pairs from its spot market. Binance.US Cancels BTC Spot Trading Fees The exchang...
Crypto Payment Firm Roxe Plans to Go Public via $3.6B SPAC Deal With Goldenstone
Global blockchain payments infrastructure firm Roxe Holding has signed a merger agreement with New York-based special purpose acquisition company (SPAC) Goldenstone Acquisition Limited. Roxe Plans to...
These dividend stocks yield at least 5% and have plenty of room to raise payouts
This year’s stock price declines make for an increasing number of stocks with high dividend yields of at least 5%. Below is a screen that highlights 29 that appear to be able to raise their payouts co...
Crypto Crash Survivors Could Be the Next Amazon
The Bank of England’s (BoE) Deputy Governor, Jon Cunliffe, has once again demonstrated his stance on cryptocurrencies, noting that survivors of the current market crash “could become the technology co...
EV Sales are Surging, so Why Are Automakers Planning Layoffs?
While electric vehicles are enjoying an unprecedented surge in popularity, ongoing supply chain problems, and growing recession fears are beginning to hit the automotive industry. EV sales rose 65% in...
Analysts see lowest grades for Bank of America and JPMorgan in Fed’s stress test
Bank of America Corp. and JPMorgan Chase & Co. emerged with the lowest marks among the overall passing grade for banks in the Fed’s annual stress test, analysts at Jefferies and Citigroup said Fri...