Seasoned traders know that no one prevails in cryptocurrency trading 100% of the time. Crypto assets are considered high-risk investments since they are incredibly volatile. Delving into crypto tradin...
Tag: Investing
Carvana, ‘The Amazon of Car Dealers’, Fights its Biggest Battle
The way Ernie Garcia III sees it, the problem is not existential. Garcia, founder and CEO of Carvana (CVNA) – Get Carvana Co. Class A Report, the online used car retailer, gave a run down of hi...
The stock market and inflation: How the S&P 500 performs on CPI report days
Stock-market investors crowded the exits on Thursday, sending major stock indexes sharply lower a day ahead of another eagerly anticipated consumer-price index reading. Recent history may offer a clue...
Ethereum close to its major upgrade, but why has it fallen more than bitcoin?
This article has been updated to correct the identification of Citadel Securities. Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m w...
Mastercard to Unlock Easy Access to NFT Marketplaces
Mastercard revealed in a Thursday announcement that it has secured multiple partnerships with crypto asset providers to enable easier buying and selling of non-fungible tokens (NFTs). The global payme...
Why Bitcoin? Gold Shipment Ordered Since 2015 Yet to Arrive
A monetary gold transfer from London to Switzerland, which took place in 2015 has failed to complete to date. According to a report by ZeroHedge, the transaction was scheduled to be completed within f...
What Happens When All Bitcoins Are Mined?
The cryptocurrency, Bitcoin, has a limited supply of 21 million units. What happens when all bitcoins are mined is that miners will only be rewarded in the form of transaction fees paid by users. The...
Solana-based DEX Lifinity Surpasses $1B in Trading Volume
Solana-based decentralized exchange (DEX) Lifinity announced this week that it has surpassed one billion ($1 billion) in cumulative trading volume. The milestone achievement comes one month after the ...
Mad Money’s Jim Cramer Offers Advice on Cryptocurrency Investing – Featured Bitcoin News
The host of Mad Money, Jim Cramer, has some advice for cryptocurrency investors. “I would never discourage you from buying crypto,” he said, adding that he himself owns ethereum. Jim Cramer’s Advice o...
Oil-stock trade is ‘too obvious,’ says this fund manager, who expects a pullback in prices
(Updates original story with Tuttle’s purchase of additional shares of OXY in last paragraph.) Investors’ memories can be short. The same can be said for those of stock traders. Matthew Tuttle sees th...
BlockFi Plans to Raise $100M at a Lower $1B Valuation
Crypto lending platform BlockFi is planning to raise new funding at a depressed $1 billion valuation, Bloomberg reported Wednesday, citing people with knowledge of the matter. Recall that in March 202...
VeChain Signs $100M Multi-Year Sponsorship Deal With UFC
Blockchain firm VeChain announced today it has signed a multi-year sponsorship deal with The Ultimate Fighting Championship (UFC). This marks VeChain’s first foray into the sport, following a similar ...
Intel Has Problems, But If You Insist Here’s How to Play It
It should have been a good day for semiconductor stocks. On Wednesday, the WSTS (World Semiconductor Trade Statistics) released the organization’s new semiconductor market forecast generated in ...
Buffett disciple Mohnish Pabrai names his favorite investing books
Looking to invest in stocks with long-term value? Veteran investor Mohnish Pabrai has two books to recommend. Speaking to CNBC Pro Talks, Pabrai — a value investor and disciple of billionaire Warren B...
Walmart’s Sam’s Club Solves a Huge Problem (Costco Hasn’t)
The supply chain mess caused by the covid pandemic forced retailers to get much smarter about how they get items into their stores. That’s actually something Walmart’s (WMT) – Get W...
DeFi Project ChangeX Lands Advisory Board From Major Industry Giants, ICO Oversubscribed by 180%
Hybrid Banking/DeFi project ChangeX is proud to announce the onboarding of a new advisory board with experts from SoftBank, Merrill Lynch, and Citibank fame. The move reflects ChangeX’s efforts to str...
Is Johnson & Johnson A Recession-Proof Stock?
AFP via Getty Images Key Takeaways There is increased talk of a potential recession in the cards over the next 12 months Periods of negative economic growth can create a challenging environment for so...
This investing veteran says hot inflation and a tight Fed call for a shift in strategies. He likes 3 specific areas for protection
‘The tide has changed’: This investing veteran says hot inflation and a tight Fed call for a shift in strategies. He likes 3 specific areas for protection 2022 continues to give growth sto...
Optimism Confirms $16M Fumble With Liquidity Provision
Optimism, a layer-2 scaling solution built on the Ethereum network, on Wednesday shared details about an exploit that resulted in the loss of 20 million OP tokens worth an estimated $16 million. The O...
The Stock Market’s Drop Is Worse Than It Looks. Here’s Why.
The stock market is sliding, and most stocks in the S&P 500 are lower. Getty Images Text size The stock market is having a bad day—and it’s even worse than it looks. The Dow Jones Industrial Avera...
Broadcom Has a Mixed Story for Traders
For his third “Executive Decision” segment of Tuesday’s Mad Money program, Jim Cramer checked in with Hock Tan, CEO of Broadcom (AVGO) , the semiconductor maker. Shares currently tra...
Western Digital Said It Would Consider Breaking in Two. Its Stock Is Dropping.
Text size Activist investor Elliott Management says that Western Digital’s flash memory business alone could be worth as much as the whole company now. Dreamstime Western Digital stock, after an...
Spotify Brought In $215 Million On Podcasts After Investing $1 Billion—But Says It’s Still In ‘Investment Mode’
Topline Spotify brought in roughly $215 million in revenue through podcasts in 2021—after spending $1 billion on them—the company announced Wednesday during an investor presentation, saying the progra...
Consider a portfolio of 100% stocks if you’re at least 10 years from retirement
This year’s stock market isn’t what it seems. “It wasn’t supposed to be this way!” That’s the refrain from many investors who are looking at a U.S. stock market SPX, -1.08% decline so far this year of...
Plug Power Is Getting a Charge: Our Latest Price Targets
Plug Power (PLUG) has announced that it is building a green hydrogen plant at Europe’s second largest port of Antwerp-Bruges and a sell-side firm started coverage of the stock with a “neu...
It’s Exxon vs Chevron: Here’s How Investors Can Play Them
On Tuesday, the nation of Qatar announced the selection of Exxon Mobil (XOM) , TotalEnergies (TTE) , Shell (SHEL) , and ConocoPhillips (COP) as partners in what is expected to be the multi-billion dol...
This big investor called inflation early and sees it above 7% at year’s end
Far from the bustle of Wall Street, inside his downtown Minneapolis office, Tim Magnusson got his first aching gut feeling about U.S. inflation in May of last year. That’s when U.S. government data sh...
Pros and Cons of Investing in Bitcoin
Bitcoin, widely known as the world’s first cryptocurrency, has emerged as one of the most popular and valuable cryptocurrencies in recent decades. Because of the decentralized nature of the currency, ...
Opinion: Inflation is making everything we buy more expensive, and once stagflation hits things could get even worse
Last month I examined the culprits that are causing global inflation, including rising interest rates, persistent supply chain issues (China locking down cities), and climbing energy and fertilizer pr...