Cryptocurrency trading platform CryptoCom has obtained provisional approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to offer its services to users of the country. CryptoCom Obtains Pro...
Tag: Investing
Biden open to canceling $10,000 in student loans per borrower — what that means for your budget, credit score and tax bill
If $10,000 vanishes from your student debt, you may want to celebrate. This is a question millions of student loan holders may be facing soon if President Joe Biden proceeds with a controversial plan ...
Move-to-Earn App Upgrades Cheat System to Stop Bad Actors
Solana-based move-to-earn project STEPN has released an artificial intelligence (AI) anti-cheating system to prevent bad actors from exploiting its platform. STEPN Launches Anti-Cheating System In a ...
Ford Unleashes Heavy Artillery Against Tesla and GM
And now comes the seventh generation… Ford Motor Co. (F) – Get Ford Motor Company Report said on June 2 that it plans to build the next generation of the Mustang Coupe, the iconic vehicle...
Why I Sold My Invitae Stock
For years I have detested the growth-at-all-costs business models followed by emerging growth companies. They work – until one day (or quarterly update) they don’t. All it takes is one disappoin...
NY Attorney General Warns About Investing in Crypto Market — Says It’s Extremely Unpredictable, Unstable – Regulation Bitcoin News
New York Attorney General Letitia James has issued a warning about investing in cryptocurrency. She said the crypto market is “extremely unpredictable” and “unstable,” noting that the market “reached ...
11% of US insurers invest — or are interested in investing — in crypto
United States-based insurers are the most interested in cryptocurrency investment according to a Goldman Sachs global survey of 328 chief financial and chief investment officers regarding their firm’s...
These Two Telecom Stocks are Buys, According to BofA
With the broad equity market under pressure in recent months, telecommunications stocks might offer a safe haven. “Telecom stocks looked boring when markets were willing to pay anything for growth sto...
Amazon Stock Split: What the Charts Say Ahead of 20-for-1 Split
Shares of Amazon (AMZN) – Get Amazon.com, Inc. Report have spent most of the year down in the dumps, as it suffered a peak-to-trough decline of 46%. That, however, has not been the case lately....
IBM Shed Half Its Stake in Kyndryl. The Rest Will Follow Soon.
Text size IBM disclosed that it swapped half of its stake in Kyndryl, about 22.3 million shares, along with $46 million in cash, to Goldman Sachs. Miguel Medina/AFP via Getty Images IBM has swapped ha...
Investors may be in for this rude surprise: History shows inflation can take years to return to normal even when Fed hikes above 10%
History can be a powerful tool, particularly in a high-inflation environment like this one in which no suitable economic model seems to apply. Inflation — running at 8.3% as of April, near a four-deca...
Crypto-Mining Malware Steals $1.7 Million From Transaction Hijacking
Analysts from the Broadcom-owned cybersecurity company Symantec have identified a new cryptocurrency mining malware called Clipminer that stole nearly $2 million by hijacking crypto transactions, Blee...
Investing in Altcoins and Bitcoin Is Gambling – crypto.news
Highly volatile price trends characterize the cryptocurrency market. The trend operates on the extremes making investing in it very risky. You could almost say it’s ‘gambling.’ Claim Since investing i...
Why Are Amazon, Alphabet And Tesla All Splitting Their Stocks?
Getty Images It’s a stock split frenzy, and Amazon is getting in on the action. They’re the latest in a string of big names to implement or announce a stock split, drastically increasing the number of...
White House Working on Policy to Lower Bitcoin Energy Use
The White House is working on policy recommendations to control Bitcoin energy consumption and carbon footprints in the United States, Bloomberg Law reported Thursday. The move comes after a series of...
Genesis Investing $75M into Maple’s Solana-based Lending Platform
Genesis will be the sole provider of capital making it the largest starting pool size recorded on Maple Finance. Trading firms like Wintermute and Amber Group have shown interest to borrow. Genesis, ...
Cardano Hits $42.5M in Monthly Transactions, On-Chain Analysis Reveals
Despite the bearish trends in the crypto market, transactions on Cardano went up by 7.74% in May, reaching a total of $42.5 million, a recent on-chain analysis revealed. Cardano On-chain Activities U...
Financial-Planning Strategies To Manage Risk In Concentrated Stock Positions
The investment adage “don’t keep all your eggs in one basket” is sometimes easier said than done … [+] with your holdings of company stock. Shutterstock Market volatility has put a spotlight on ...
Blockchain Firm InfStones Nears Unicorn Status After Raising $66 Million
Blockchain infrastructure provider InfStones announced on Wednesday it has raised $66 million in a just-concluded funding round led by SoftBank Vision Fund 2 and GGV Capital. Other investors in the mo...
This market strategist with a spot-on record sees stocks surging 15% to 25% from their May low
The U.S. stock market’s two-week rally is even stronger than it looks. That’s saying something, since this rally has already tacked on impressive gains. As of the market’s close prior to the Memorial ...
Binance Labs Launches $500M Fund Focused on Web3 Opportunities
Binance Labs, the investment arm of the leading global cryptocurrency exchange Binance, announced Wednesday that it has launched a $500 million fund to bolster web3 and blockchain ecosystems. The $50...
As Amazon Preps Its Stock Split, Let’s See If It’s Past Its Prime
With just days to go before Amazon (AMZN) splits 20 for one, it’s worth putting pen to paper to understand the bull case and see if it holds up. For those who haven’t followed the news, t...
Is Solana Down? Network Suffers Fresh Downtime Amid Market Decline
The Solana mainnet has suffered a major outage in the hours leading up to press time. The outage was attributed to a bug that caused Solana node operators to start “generating different results for th...
Amazon Stock Extends Gains Into 20-For-1 Split Slated For Friday
Updated at 2:57 pm EST Amazon (AMZN) – Get Amazon.com, Inc. Report shares moved higher Wednesday, potentially extending their recent winning streak to a sixth consecutive session, ahead of an e...
KuCoin Exchange Announces KuCoin Wallet as a Holistic Web-3.0 Access Instrument
KuCoin – a leading global cryptocurrency exchange platform, launched its latest product – KuCoin Wallet. The decentralized digital asset storage application will be launched in late June, with its off...
I’ve found that a financial adviser can cost $5,000 a year. Is it worth it?
What might a financial planner charge you and is it worth it? Getty Images/iStockphoto The other day a reader wrote into us making a good point: She wanted us to give people a more in-depth look at wh...
Crypto Deals Boost NBA Sponsorship Revenue to $1.6B for 2021/2022 Season
Crypto deals helped the National Basketball Association (NBA) to reach an all-time high revenue of $1.6 billion in sponsorships for the 2021/2022 season, CNBC reported Wednesday. NBA Revenue Hits ATH ...
Some Difficulties Australians Face In Investing In Cryptocurrency
– Advertisement – Digital currencies like Ether present difficulties for lawmakers due to their uncertain treatment under existing regulatory regimes around the world because of their orig...
South Korea Plans to Establish Crypto Regulatory Policies to Prevent Another Terra-like Crash
A week after South Korea’s Financial Services Commission (FSC) called for a global alliance to work together to scrutinize cryptocurrencies, the country said it plans to set up regulatory policies for...
Small-cap growth stocks are at their lowest P/E valuation in at least 24 years.
Growth stocks typically trade at premium prices. But in this market, rising interest rates have turned small-cap growth stocks into a bargain group. This may be a beautiful setup for long-term investo...