With the economy looking like it is heading towards recession in 2023, reliable growth names with reasonable valuations are in short supply in the current market. One name that fits that bill is a bio...
Tag: news
Elon Musk Email Was Old News. He Still Likes His Advice For Managers.
Tesla CEO Elon Musk looked to have some welcome news for investors. But it was old news. All that investors can take away from a Saturday tweet is Musk doesn’t like a lot of meetings. An email from Mu...
Is News Regarding The Merger Of Poloniex With Crypto Exchange Huobi Rumors?
Huobi stated that the Poloniex merger rumors were untrue. Justin Sun behind Huobi and Poloniex. Let’s know what Huobi said in an email. Know What’s the Real Scene Rumors of the merger of Poloniex with...
Lyft Earnings Call Results — Why The Stock Sank After Delivering Good News
| Getty Images Key Takeaways Lyft’s stock price dropped despite announcing record revenue as investors continue to sell off companies that even slightly miss earnings. Lyft has announced that it will ...
Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem – Economics Bitcoin News
The Venezuelan fiat currency, the bolivar, has lost almost 40% in its exchange rate against the U.S. dollar in a month. According to reports, the seasonal payments that the government has to make, and...
Despite 2 Entities Holding 73% of the FTX Token Supply, FTT Price Still Holds Above $1 per Unit – Markets and Prices Bitcoin News
While a large fraction of crypto assets dropped a great deal in value during the past few weeks and bitcoin is down 18.2% in 30 days, the exchange coin ftx token (FTT) still trades above a U.S. dollar...
A Dozen Digital Assets Record Double-Digit Gains as Crypto Markets Begin to Heal After FTX’s Collapse – Markets and Prices Bitcoin News
At the time of writing the global cryptocurrency market capitalization is hovering around $842 billion on Sunday, Nov. 27, 2022. Bitcoin prices consolidated since the start of the week, as seven-day s...
Bearish Bets: A Defense Giant and 2 Other Stocks You Should Consider Shorting
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
Crypto Influencer Bitboy Flies to the Bahamas to Question Former FTX Exec Sam Bankman-Fried – Bitcoin News
Its been 16 days since FTX filed for Chapter 11 bankruptcy protection in the U.S. and the former FTX CEO Sam Bankman-Fried (SBF) is allegedly still hunkering down at his seaside resort in the Bahamas....
Putin Calls for International Settlements Based on Blockchain and Digital Currencies – Finance Bitcoin News
Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is convinced that cross-border payments relyi...
Can Manchester United Investors Finally Make Their Goal?
Manchester United’s (MANU) stock has gone nowhere for the decade since its $14 initial public offering in 2012 — even as sports franchises have skyrocketed in value. The reason is simple:...
New Naira Banknotes to Make Monetary Policy More Effective — Nigerian Central Bank Governor – Economics Bitcoin News
The Central Bank of Nigeria governor, Godwin Emefiele, has said the newly designed naira banknotes are set to enhance the effectiveness of the organization’s monetary policy and bolster the financial ...
Ghana Takes Steps to Operationalize Gold-for-Oil Scheme — Move Expected to Help Halt Cedi’s Depreciation – Featured Bitcoin News
According to directives issued by Samuel A. Jinapor, the Ghanaian minister for lands and natural resources, large-scale gold mining companies will be required to “sell 20% of all refined gold at their...
Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies – Regulation Bitcoin News
Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried ...
Elon Musk Plans to Launch Alternative Phone if Apple, Google Boot Twitter off Their App Stores – Featured Bitcoin News
Tesla CEO and Twitter boss Elon Musk says he will make an alternative phone if Apple and Google boot Twitter from their app stores. Many people want him to go ahead with a phone launch even if Apple a...
I’m Still Bullish on Bitcoin — Crypto Cannot Be Blamed for FTX Collapse – Featured Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, is still bullish on bitcoin despite the collapse of crypto exchange FTX. He stressed that the cryptocurrency cannot be bl...
After More Than 380 Days, Crypto Supporters Celebrate Surviving the Second-Longest Bitcoin Bear Market – Bitcoin News
On Saturday, members of the forum r/cryptocurrency discussed how the current bear market is now the second-longest bear market in the history of bitcoin prices. According to the forum post, the curren...
Most Governments Understand Crypto Adoption Will Happen Regardless – Regulation Bitcoin News
Binance CEO Changpeng Zhao (CZ) says that most governments know that crypto adoption will happen regardless of what they do. “It’s better to regulate the industry instead of trying to fight against it...
State Securities Regulators Probe Crypto Lender Genesis – Regulation Bitcoin News
State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that...
Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the Year – Blockchain Bitcoin News
This year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockcha...
DOGE Hits 3-Week High on Saturday – Market Updates Bitcoin News
Dogecoin surged to a three-week high to start the week, as the token rallied for a second consecutive session. Overall, the meme coin has now traded higher for four of the last five days. Quant was an...
Find Safety, High Yield in These 3 Master Limited Partnerships
Very high dividend yields can signal that a dividend cut may be just around the corner. But Master Limited Partnerships can be a good exception to that rule. Here, we’ll discuss three high-yield...
XRP News: 421 Million XRP Moved As Price Spikes By 15% Over Week
XRP News: XRP, Ripple’s native crypto is among those coins which have managed to grow amid the ongoing market collapse. This surge is guided by several factors, and SEC vs Ripple lawsuit is one of the...
ETH Surges Above $1,200 to Start the Weekend – Market Updates Bitcoin News
Ethereum was back above $1,200 on Saturday, as bullish sentiment returned to cryptocurrency markets to start the weekend. Following recent stints in the red, the global crypto market cap is trading 1....
Solana Killer Aptos Jumps 14% on This Positive News
APT, the native token of the Aptos blockchain, dubbed “Solana killer,” is up 14% in the last 24 hours at $4.90. The price increase also coincided with a 50% jump in trading volume, with $2...
Bitget Launches Major Campaign With Messi to Reignite Confidence in the Crypto Market – Press release Bitcoin News
press release PRESS RELEASE. Seychelles, Nov 26, 2022 – Leading global cryptocurrency exchange, Bitget, has announced a series of marketing campaigns with Lionel Messi, the Argentinian Football legend...
Latam Still Unprepared to Deal With Crypto Crime and Scams, According to GFI Report – Emerging Markets Bitcoin News
Latam is still unprepared to deal with cryptocurrency-related crimes and scam situations, according to a recent report issued by Global Financial Integrity (GFI), a Washington DC-based think tank. The...
‘Cryptocurrencies Like Bitcoin Make Global Commerce Easy’ — Founder of Nigerian Crypto Exchange – Interview Bitcoin News
Despite the Central Bank of Nigeria (CBN)’s Feb. 5, 2021 directive that instructed banks to block crypto entities from the financial system, the demand and use of cryptocurrencies have continued to gr...
Black Friday Brings a Darker Outlook for Tesla
When Black Friday comes…. Steely Dan is dominating my mental soundtrack this morning. But, as I mentioned in my column earlier this week, I like to stay away from the herd. So, instead of focusi...
Bank of Japan to Launch Digital Yen Pilot Program Next Year – Blockchain Bitcoin News
The Bank of Japan is preparing to run a test trial of its own central bank digital currency (CBDC), the digital yen, with help from three top banks and regional institutions. The pilot program, estima...
Crypto Winter No Longer Has Big Impact on Long-Term Industry Growth, EY Executive Says – Markets and Prices Bitcoin News
EY’s global blockchain leader says that for the first time ever, crypto’s price swings do not have that big of an impact on the long-term growth of the industry. Nonetheless, he stressed: “It is also ...