Can you put a dollar amount on what it means to be wealthy in the U.S.? An annual survey asks Americans to do just that, and this year, $2.2 million is the magic number. That’s according to the ...
Tag: Money
Cramer’s Mad Money Recap 5/17: Apple, Tesla, Disney
There were a lot of new narratives on Wall Street today, Jim Cramer told his Mad Money viewers, and that’s great news for the bulls. If the good news continues overnight, look for the rally to c...
Mox Introduces New Service for Instant Money Transfers
Mox Bank Limited today announced that the company has launched a new service that will allow the clients of Mox Credit to transfer money with their credit line. The financial services provider is the ...
Former Fed Chairman Says Bitcoin Is For Criminals; Is Unsuccessful As An Alternative Money
According to the former chairman of the U.S. Federal Reserve, Ben Bernanke, cryptocurrencies, including Bitcoin, can never be successful as an alternative money. He believes that the prices are too vo...
Former Fed chair says Bitcoin cannot be used as alternative money
Ben Bernanke, a former chair of the US Federal Reserve, has said that cryptocurrencies, including Bitcoin, cannot be used as an alternative to fiat. Bernanke said that the only use case for Bitcoin wa...
MicroStrategy has lost money after bitcoin fell low: a $330 million loss on paper
MicroStrategy’s large bitcoin wager has lost money after bitcoin’s price fell below the software company’s average buying price. MicroStrategy’s stock price has fallen in recent days as a result of th...
He has $100K in credit card debt, $60K in bitcoin. 4 money pros on what to do
What to do when you have crypto assets and debt to contend with. Getty Images/iStockphoto “I have $100K in credit card debt, but $60K in bitcoin. Should I use it to repay the debt, or hold onto bitcoi...
Opinion: Amazon’s stock price has slumped almost 34% this year. This money manager says it’s a steal and could surge 76% to $3,900 in 2 years
The stock market is a funny place: When great businesses go on sale, most people don’t rejoice. Instead they freak out. This presents an excellent opportunity for long-term investors who keep their wi...
Former Fed Chair slams Bitcoin will not ‘take over as alternate form of money’
In the last few months, there has been a lot of discussion regarding the possibility of using Bitcoin as an alternative form of currency due to the growing prices of energy and food as well as the lar...
Bitcoin Has Failed as an Alternative Money, says Former Fed Chairman
Ben Bernanke – former chairman of the U.S. Federal Reserve – does not believe Bitcoin or other cryptocurrencies can succeed as an alternative money. He claims their prices are too volatile to serve as...
Coachella Returns With A Vengeance
Coachella lights up the night with its signature color palette Eric Fuller Coachella, the long dominant festival which opened the season each year has been involuntarily dormant for three years, since...
Bitcoin ‘not going to take over as an alternative form of money’: Ben Bernanke
Ben Bernanke, former chairman of the Federal Reserve, said that he doesn’t think bitcoin would take over “as an alternative form of money.” Bitcoin BTCUSD, +0.50% and other cryptocurrencies have bee...
Stable Corp Gets a Lotta Money to Build Canadian Digital Dollar
Stable Corp – a leading Canadian fintech firm and a partner in the development of Canada’s first digital dollar (known as Digital Deposit Receipts or DDR) – has earned more than $1.5 million in growth...
Gloomy Goldman offers 20 ‘safety’ stocks with valuations below the previous 2 bear markets
It’s tight quarters in Wall Street’s bear sleuth these days. Goldman Sachs just downgraded their 2022 U.S. growth forecast (to 2.4% from 2.6%) and 2023 (to 1.6% from 2.2%), as senior chairman Lloyd Bl...
Crypto Prices Move in Tandem With Traditional Markets, Punishing Investors
Cryptocurrency prices are moving in lockstep with stocks and bonds like never before, punishing those who bought bitcoin and other digital assets in part to diversify their investment holdings. The th...
Tax investigators identify potential $1 billion crypto Ponzi scheme, reports say
International tax officials have identified more than 50 leads to potential crypto tax crimes that may lead to official investigations in the coming weeks, including one case that could be a $1 billio...
Terra crashed. What does it mean for other stablecoins? Here are the potential winners and losers
It’s the third day since TerraUSD, an algorithmic stablecoin designed to trade 1 to 1 against U.S. dollars, fell off its peg for an extended period of time. TerraUSD USTUSD, +4.36%, or UST, the 11th l...
Maker Price Analysis: MKR revisit $1600 Mark, is this the time to make some money?
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Bitcoin and Ether Prices Drop in Weekend Slump
Text size Bitcoin has lost 58% since its November 2021 peak near $69,000. Dreamstime Cryptocurrency investors are getting no rest on Saturday, as digital assets resumed their decline after a midweek r...
BOSS Money Launches Direct Remittance to Ethiopia Using Ripple’s Partner TerraPay’s Solution
– Advertisement – Fintech company’s adoption of Ripple’s technology for global remittance has continued to soar. Following its partnership with Ripple’s partner and global remittance pla...
Galaxy CEO NoWhere On Twitter Since Terra Crisis, Has Billionaire Mike Novogratz Lost Money In Luna’s Price Crash
Billionaire Mike Novogratz Loses Money In Luna’s Price Crash. Over the last week, Terra Luna and its sister Stablecoin UST have experienced a sharp market decline that is now described as a tot...
Why the Fed Will Go Back to Easy Money
But in 2009 and beyond, the Obama Administration was thrust into battle with a Republican-controlled Congress. The two sides searched, against all odds, for a bipartisan agreement to back fiscal spend...
This portfolio manager’s strategy uses just one ETF and his own ‘crash indicator’ to beat the market by 530%
Markets are off to a stronger start on Friday, but it’s been a rough few days, with the S&P 500 facing a six-week losing streak, its longest in a decade. With a war raging in Europe, surging price...
Introducing KyotoProtocol.io. How to help save the planet and earn money!
KyotoProtocol.io is the world’s first decentralised multilayer carbon credit finance protocol. The project’s technology improves the slow and outdated carbon credit industry by implementing a host of ...
Cryptos Break Down Below Previous Support, Then Bounce: Bitcoin, Ethereum, XRP
Going down to support. getty That spot on the price chart where “down” stopped and “up” began, some weeks or months ago, is known to analysts as the support level. Enough investors came in as buyers a...
Which of Buffett’s bank stocks might make you the most money?
This is the time of the quarter when investors get to see what changes Warren Buffett and the management team at Berkshire Hathaway have made to the conglomerate’s stock portfolio. The big splash in B...