Hong Kong-based crypto financial services provider Babel Finance has raised $80 million in a Series B funding round at a $2 billion valuation. Babel Hits $2B Valuation The round was led by global inve...
Tag: Investing
Billy Markus stopped investing in crypto several years ago
Billy Markus, who created the first acculturation coin magistrate along with Jackson golfer as a joke on Bitcoin back in 2013, has not been shopping for any crypto for 9 years already. During a recent...
‘Big Short’ Michael Burry Awakens Ghosts of the 2008 Financial Crisis
Are we about to relive the financial crash of 2008? The question is begining to cross people’s minds since a cryptic tweet on May 24 from iconic investor Michael Burry, known to be one of the f...
DOGE Co-Founder Stopped Investing in Crypto 9 Years Ago, Here’s Why
Yuri Molchan One of Dogecoin creators has revealed why he mostly stopped buying cryptocurrencies nine years ago Billy Markus, who created the original meme coin DOGE together with Jackson Palmer as a ...
How Recessions Impact Investors
Getty Images Key takeaways Despite the hype, stock market declines make poor indicators of potential recessions Understanding how stocks, the economy and the business cycle interact can help broaden y...
Bitcoin to Return to Fair Value Price Around $38,000
Analysts at popular U.S. investment bank JPMorgan predict that Bitcoin will overturn current bearish sentiments to return to its fair value price. According to a note released to investors on Wednesda...
What’s Wrong with Facebook, Amazon and Google?
It’s a black spring for tech giants. For several weeks now, billions of dollars of market capitalization have been disappearing on a daily basis as investors’ nervousness grows. One unwe...
Central African Republic to Launch First Crypto Investment Hub Dubbed “SANGO”
A month after adopting bitcoin as a legal tender, the Central African Republic (CAR) has announced plans to launch its first cryptocurrency investment hub. CAR’s First Crypto Hub Archange Touadera, th...
Stocks Will Sink Further, Economist Rosenberg Says
Stocks are slumping, with the S&P 500 down 18% year to date. And prominent Wall Street economist David Rosenberg says the carnage isn’t over. “We always believed these past two years represented a...
Uniswap Hits New Milestone, Crosses $1 Trillion in Historical Trade Volume
Ethereum-based decentralized finance (DeFi) protocol Uniswap announced a new milestone on Tuesday, noting that it has crossed $1 trillion in trading volume in less than four years since it was launche...
Billionaire Ray Daylio Hails Bitcoin’s “Tremendous Achievement” and Potential
Ray Dalio, founder of American investment management firm Bridgewater Associates, praised Bitcoin during a CNBC’s Squawk Box interview, noting that the leading cryptocurrency has achieved a tremendous...
Ray Dalio says ‘cash is still trash’…but stocks are trashier
It wouldn’t be Davos week without a CNBC exclusive interview with Bridgewater Associates’ Ray Dalio, the founder of the world’s largest hedge fund by assets under management and one of the most closel...
Cathie Wood Watch: Ark Reverses Course on Electric-Vehicle Titan Tesla
The prominent investor Cathie Wood, chief executive of Ark Investment Management, reversed course on a big electric-vehicle maker in her May 23 trading. Ark also bought and sold some familiar names. A...
‘Real wealth destruction’: This Deutsche Bank chart shows what could happen to assets in a repeat of the stagflationary 1970s.
While the decade is still young, if inflation sticks around for the next few years, things could get pretty ugly for investors. That’s according to this chart from Deutsche Bank, which shows how a ran...
South Korea to Strengthen Global Cooperation for Better Crypto Regulations
South Korea’s regulator, the Financial Services Commission (FSC), is planning on strengthening its global cooperation in a bid to better regulate the cryptocurrency sector, local media reported Tuesda...
Elizabeth Warren Attacks Fidelity for Allowing Crypto Retirement Investing
Fidelity Investments has opened its retirement services to those who love crypto. Fans of digital currencies like bitcoin and Ethereum can now purchase these assets and many others like them through t...
Bitcoin Could Bottom at $8,000, Says Guggenheim’s Scott Minerd
Scott Minerd, founding managing partner and chief investment officer (CIO) of global investment and advisory financial services firm Guggenheim Partners, believes that bitcoin (BTC) could trade as low...
Inflation may be a lot lower than anyone thinks — even the Fed
U.S. inflation in April plunged to an annualized rate of 4.1% — less than half of where it stood in the prior month. This will no doubt come as a surprise for those of you who focus only on the financ...
Dan Quayle Bought Up Carvana’s Slumping Stock
Text size Former Vice President Dan Quayle. Drew Angerer/Getty Images Carvana stock has slumped this year, and former Vice President Dan Quayle, who serves the used-car retailer as a director, bought ...
Carvana Is a Great Business (But a Terrible Stock to Invest In)
I’ll never buy a car from any business aside from Carvana (CVNA) – Get Carvana Co. Class A Report ever again. That’s how my wife and I have purchased our last three cars and it’...
A Quality Exec Comp Plan Lowers The Risk Of Investing In O’Reilly Automotive
A customer prepares his Honda Motor Co. Grom motorcycle outside of an O’Reilly Automotive Inc. auto … [+] parts store stands in Louisville, Kentucky, U.S., on Friday, July 22, 2016. O̵...
Beat The Market By Investing In Freedom – And Shunning Places Like Russia And China
When Russia’s invasion of Ukraine sent most emerging-markets funds plummeting, Perth Tolle’s Freedom Index Fund avoided most of the carnage—because economies run by despots will never be on her buy li...
Mark Zuckerberg Could Pay for 2016 Election Scandal Personally
Mark Zuckerberg could be the one to pay for the past sins of Facebook. After Donald Trump’s U.S. Presidential election victory in 2016, Facebook was accused of letting Cambridge Analytica, a co...
Markets: The Correction Is Not Over Yet
The recent selloff in the stock market could be the start of a reprieve, hedge fund experts and market strategists said. The Dow rose by 618 points or 1.98% on Monday following Friday’s downturn that ...
Earn $1200 by Being Part of the Most Active Community!
Hey, guys, something really cool is coming up soon! SimpleHold team has prepared a cool event for you – a very special tournament to find the best crypto community ever! Why should you take part? The...
Opinion: ‘I feel like I am reliving the summer of 2008.’ Strategist David Rosenberg sees bear market sinking the S&P 500 to 3,300
The U.S. stock and the bond markets are finally in the process of catching up with our views. We always believed these past two years represented a fake bull market built on sand, not concrete. And fr...
Here are 15 high-yield stocks expected to raise dividends the most through 2024
The stock market, shocked by the Federal Reserve’s policy changes to fight inflation, has been gored this year, with growth and technology companies bearing the brunt of the biggest declines. Dividend...