The price of bitcoin lurched below $20,000, and below a level widely monitored by cryptocurrency enthusiasts, as a brutal selloff in crypto showed no signs of abating. Bitcoin fell as low as $18,739.5...
Tag: Securities
Bonds haven’t protected you from the bear market in stocks. But this one asset class could have
Would you be interested in an asset class that produces long-term returns that are nearly as good as the stock market but is as uncorrelated with the stock market as bonds are? Of course you would. Bu...
Texas securities regulator opens investigation into Celsius: Reuters
The Texas State Securities Board has opened an investigation into troubled crypto lender Celsius, according to reports on Thursday afternoon. Reuters first reported that the regulator has begun inves...
The Housing Market Just Hit a Wall. What’s Next for Prices, Brokers, and Builder Stocks.
My summer portfolio strategy is to play the old disco hit “Baby Come Back” while slow dancing with my December brokerage statements. If it works, I have a business idea involving Hall, Oates, and a tw...
History says the next bull market is just months away, and it could carry the S&P 500 to the 6,000 level, according to Bank of America
When it comes to bear markets, investors can take comfort from history, which suggests that where there’s a beginning, there’s always an end. And according to Bank of America, investors have only got ...
A Crypto Bankruptcy Could Be Investors’ Nightmare
The cryptocurrency market’s latest swoon is giving investors a painful lesson about the risks of trading digital tokens through intermediaries. In a bankruptcy restructuring, crypto investors would be...
State Securities Regulators Launch Investigation into Celsius Network Accounts’ Freeze
Celsius Network faces investigation from regulators across five states over its recent decision to suspend customer account withdrawals. Following its decision to suspend withdrawals, the Celsius Netw...
Stock investors are still in danger, but history says bear markets are relatively brief
I have no idea how long the bear market on Wall Street will last, or how far down the major averages will go. But I do know what won’t help you forecast the bear market’s severity: valuation. Bear mar...
Scared to check your 401(k) as Dow tumbles? Here’s when you should look — and when you shouldn’t
To look or not to look. That’s the question when people consider checking the balances in their investment and retirement accounts. Maybe ignorance is bliss amid a volatile stock market’s recent seque...
Regulating The Environment Through The Securities And Exchange Commission
NEW YORK – APRIL 8: Street signs overlook the New York Stock Exchange in the heart of New York’s … [+] financial district on Wall Street on April 8, 2009 in New York City. (Photo by ...
Celsius Rival BlockFi to Pay $1 Million to Iowa for Selling Unregistered Securities
Celsius isn’t the only decentralized finance (DeFi) lending platform having a bad week; yesterday, competitor BlockFi was asked to pay a $943,396.22 fine from the state of Iowa’s Insurance Division Fi...
BlockFi Fined Over $900K for Not Registering Securities in Iowa – crypto.news
A multi-state investigation in the US uncovered that BlockFi offered unregistered securities and misled information about its lending risks. BlockFi Fined Over $943K by Iowa BlockFi, a crypto lending ...
Crypto crash: What contagious risks could Celsius, Three Arrows pose? Here’s what to watch
The latest crisis started Sunday with Celsius, one of the biggest crypto lending platforms, pausing all withdrawals, swaps and transfers between accounts. The company reportedly has hired restructurin...
‘The economy is going to collapse,’ says Wall Street veteran Novogratz. ‘We are going to go into a really fast recession.’
Veteran investor and bitcoin bull Michael Novogratz doesn’t have a rosy outlook on the economy, which he described as headed for a substantial downturn, with the likelihood of a “fast recession” on th...
BlockFi Ordered to Pay Over $943K in Iowa for Failing to Register Securities
BlockFi will pay settlements of up to $50 million to the 53 United States following the investigation, as well as another $50 million to the SEC. BlockFi has been ordered to pay an administrative fee ...
Iowa regulator orders BlockFi to pay $943K over alleged unregistered securities offering
The Iowa Insurance Division, or IID, a regulator responsible for many securities sales in the state, has fined crypto lending firm BlockFi more than $943,000 after it allegedly offered and sold unregi...
Warren Buffett gives away $4 billion in Berkshire Hathaway stock as bidding for his last ever luncheon hits $3 million
As bidding for the last-ever chance to lunch with Berkshire Hathaway’s chairman and CEO Warren Buffett reached the $3 million mark, the investing legend himself announced a $4 billion giveaway in stoc...
Opinion: ‘The stock market is not going to zero’: How this individual investor with 70 years of experience is trading the bear market
Not many investors can claim a lifetime of stock-market success. Warren Buffett of Berkshire Hathaway BRK.A, -1.94% BRK.B, -1.39% comes to mind, of course, but what about Warren Kaplan? Who? Kaplan is...
Harvard expert warns of potential ‘harm’ to index investing, as Republican bill takes on ‘woke fund managers’
Senators and legal experts tussled Tuesday over the merits of a Republican bill that aims to reduce the voting power of the three index-investing giants — BlackRock, Vanguard and State Street. Republi...
BlockFi fined $943,000 for not registering securities in Iowa; to pay $100M in settlement
? Want to work with us? CryptoSlate is hiring for a handful of positions! Cryptocurrency trading and lending platform BlockFi has been fined $943,000 by the Iowa Insurance Division for failing to regi...
A 75-basis point Fed move is not a slam dunk, former staffer says
In the last 24 hours, investor expectations for the Federal Reserve have coalesced around a 75 basis point hike, nudged in that direction by a Wall Street Journal article. Fed-funds futures markets no...
3 moves retirement savers can make now to profit from the stock market turmoil
Every crisis is an opportunity. The massive turmoil on financial markets so far this year is no exception. Here are three things that every middle-class American can do with their 401(k), IRA or other...
Opinion: Those who buy stocks the day the S&P 500 enters a bear market have made an average of 22.7% in 12 months
CHAPEL HILL, N.C. – Good news, investors: Wall Street is holding a sale, offering stocks at 20% off! You’re not interested? That just means you only talk the talk about being a contrarian investor, bu...
Bitcoin down 70% from all-time high. Why is crypto market crashing?
Cryptocurrencies have been crashing. Bitcoin BTCUSD, -3.21% plunged to as low as $20,834 late Monday, the lowest level since December 2020 and down about 70% from its all-time high in November. The No...
A 75-basis-point hike? Here are 3 ways the Fed can sound more hawkish this week
The Federal Reserve’s plan to raise its benchmark rate to a neutral level, around 2.5%, by the end of the year is under pressure after a surprisingly strong May consumer-inflation data. “The May CPI w...
Binance.US Sued for Selling Unregistered LUNA Securities
Binance.US has been sued in a class-action lawsuit for selling unregistered security tokens from the Terra blockchain protocol. The class-action lawsuit was filed in the Northern District of Californi...
With the S&P 500 now in a bear market, despair and capitulation are the next stages of investors’ grief
The S&P 500 SPX, -3.88% officially entered a bear market on June 13, down more than 20% from its January 2022 high. While there’s no way of knowing how much further stocks will fall until their fi...
Why retiring this year could be a ‘worst-case’ scenario
This is an urgent update for anyone who has recently retired, or who is hoping to retire shortly, and who was expecting to follow one of those simple, time-tested rules for spending down their money d...