Two weeks ago, Tether made headlines about the improvement in its market capitalization and the fact that it managed to reverse a three-month downtrend. However, Wall Street Journal’s (WSJ) recent art...
Tag: Wall
Wolf of Wall Street Likens Law Cap Crypto To Penny Stocks
Bitcoin News Low-cap crypto assets should never be regarded as a serious investment as per Belfort. He is particularly thinking about making long-term investments in Ether and Bitcoin. The Wolf of Wal...
Wolf of Wall Street says low cap cryptos are highly speculative
Jordan Belfort, popularly known as the “Wolf of Wall Street,” has said that low cap cryptocurrencies were like penny stocks. The two have similarities, such as experiencing extreme price volatility. W...
‘Wolf of Wall Street’ Admits He’s Wrong About Bitcoin Dropping To Zero
The Wolf of Wall Street, like every other analyst and market expert, makes mistakes. Overall, filmmaker Martin Scorsese’s depiction of Jordan Belfort (Leonardo DiCaprio’s character in the 2013 movie W...
Low cap crypto is like penny stocks, says Wolf of Wall Street
Former stockbroker Jordan Belfort, known colloquially as the “Wolf of Wall Street” has likened low market cap crypto assets to penny stocks due to their extreme price volatility. Penny stocks refer to...
U.S. stock futures sink following Friday’s Wall Street rout
U.S. stock-index futures plunged Sunday, after Wall Street sank Friday following hawkish comments from Federal Reserve Chairman Jerome Powell that the fight against stubborn inflation would continue, ...
Just as Wall Street Piles In, Tech Stocks Face Fresh Rates Storm
(Bloomberg) — Jerome Powell’s latest hawkish missive threatens to open up a new front in the ever-raging battle between tech stocks and Treasury yields — potentially hurting money managers...
Wall Street Wolf Says Bitcoin(BTC) Price Will Not Go to Zero
Bitcoin underwent multiple bull runs since its inception and each time challenged its own highs to form a new one. Despite a contracting trend, the asset maintains an incremental trend displaying a hu...
‘Wolf of Wall Street’ J. Belfort admits being wrong about Bitcoin’s collapse
Former stockbroker commonly known as the “Wolf of Wall Street” Jordan Belfort has acknowledged that his initial projection of Bitcoin (BTC) going to zero was wrong. Speaking during an interview with ...
Nvidia Reports Earnings Wednesday. Why Some Wall Street Analysts Are Worried.
Text size Nvidia stock has declined more than 40% this year, as of Tuesday’s close. Justin Sullivan/Getty Images After a recent string of recent troubles for Nvidia , investors are wondering how...
POS Ethereum Will Be Censorship and OFAC Resistant Argues Eric Wall
In the wake of sanctions from the Office of Foreign Assets Control (OFAC) against Tornado Cash, crypto analyst Eric Wall has trashed the possibility of an OFAC-compliant Ethereum chain, calling the no...
Wall Street giants look to back prime broker Hidden Road
Hidden Road Partners, a global credit network focused on institutional investors, is reportedly attracting the interest of leading Wall Street investment arms, not long after raising $50 million in it...
John Haar Explained Bitcoin is Out of Wall Street’s Understanding
The crypto market and traditional financial markets have differences from the emergence of the former. With the birth of the first cryptocurrency bitcoin, the financial markets have treated something ...
Wall Street giant DTCC launches private blockchain platform for faster trades
According to a press release made today, the New York-based post-trade financial services company, The Depository Trust & Clearing Corp. (DTCC), which processes all trades in the US stock market, ...
Once offering the worst return on Wall Street, cash is now looking like the best asset to own, says Morgan Stanley
Stock sellers are ready to pick up where they left off on Friday, as the market appears to be is waking up from its August slumber with a vengeance. As Goldman Sach’s chief U.S. equity strategist Davi...
Wall Street Bears Take Revenge After a $7 Trillion Rally
(Bloomberg) — A sober warning for Wall Street and beyond: The Federal Reserve is still on a collision course with financial markets. Most Read from Bloomberg Stocks and bonds are set to tumble o...
Why Doesn’t Wall Street Understand Bitcoin? Goldman Sachs Veteran Explains
John Haar – a former member of Goldman Sachs’ Asset Management division – published an article detailing what he perceived were commonly held views about Bitcoin, sound money, and economics on Wall St...
Crypto Specialist Warns ‘Domino Effect in 2008 Wall Street Crash’
Due to the Bitcoin plunge, a crypto specialist warned about the consequences like the 2008 Wall Street Crash. At present crypto marketplace is performing at its downward trend, hence a crypto speciali...
Crypto expert warns of ‘domino effect akin to the 2008 Wall Street crash’ as Bitcoin plummets
One cryptocurrency analyst has issued a warning about the possibility of a chain reaction as the cryptocurrency market continues its downward trend, shedding $70 billion from its market value in a sin...
Dow Futures Fall as Wall Street Parses Mixed Signals on Pace of Rate Hikes
Text size Investor focus remains on the Federal Reserve’s pace of future interest-rate increases. Spencer Platt/Getty Images Stock futures pointed to a lower start for Wall Street Friday as inve...
Brief Recession or Complete Economic Collapse? What These Wall Street Veterans Think
Since the pandemic hit in 2020, conspiracy theorists have had a field day. With seemingly everything in question, it’s been hard to discern real information from fake. An economic collapse is not a ne...
A Major Change Is Coming to Wall Street and Corporate America
It’s a masterstroke that went almost unnoticed on Main Street. But it has not escaped the attention of Wall Street, which will not be pleased with this move by the Democrats. In President Joe B...
Former Goldman Sachs asset manager says Wall Street does not understand Bitcoin
John Haar, a former asset manager at Goldman Sachs, has explained why Wall Street failed to embrace Bitcoin fully. Haar is currently the managing director of Private Client Services at Swan Bitcoin af...
Ex Goldman Sachs Employee Tells Reason Behind Wall Street’s Bitcoin Misconception
John Haar was previously working as the asset manager for the bank. The ex employee issued an essay explaining why Wall Street doesn’t embrace the crowned digital asset. He explained the reasons behin...
Crypto and Wall Street ‘Don’t Speak the Same Language’
Scores of once high-flying crypto companies have paused hiring entirely and laid off large chunks of staffers in recent months Eskow has been able to land a number of notable hires, nonetheless The la...
Russia’s GDP Decline Less Severe Than Expected, Wall Street Returns to Russian Bonds, Putin Criticizes US ‘Hegemony’ – Coinotizia
While the ongoing war in Ukraine continues, the Ministry of Economic Development of the Russian Federation detailed this week that Russia’s economic hardships are less severe than expected. Russia’s e...
Russia’s GDP Decline Less Severe Than Expected, Wall Street Returns to Russian Bonds, Putin Criticizes US ‘Hegemony’ – Economics Bitcoin News
While the ongoing war in Ukraine continues, the Ministry of Economic Development of the Russian Federation detailed this week that Russia’s economic hardships are less severe than expected. Russia’s e...
Dow Futures Dip as Wall Street Seeks Rates Guidance From the Fed
Text size The focus for investors Wednesday will be on minutes from the latest Federal Reserve meeting. Getty Images Stock futures dipped Wednesday after strong earnings reports from Walmart and Home ...
Former Goldman Sachs banker explains why Wall Street gets Bitcoin wrong
John Haar, a former asset manager at financial institution Goldman Sachs believes the lack of support from “legacy finance” for Bitcoin (BTC) stems from a poor understanding of the cryptocurrency. Ha...
Cisco Reports Earnings Today. What Wall Street Expects.
Text size Cisco shares closed up 0.4% on Tuesday, at $46.77, off 26% for 2022. Angel Garcia/Bloomberg Investors are eagerly awaiting the latest results from technology bellwether Cisco to get an updat...
China’s biggest Wall Street bull just liquidated his Alibaba stake amid fire sale of five Chinese stocks
Bridgewater Associates founder Ray Dalio, perhaps China’s biggest bull on Wall Street, unloaded his firm’s entire stake in e-commerce giant Alibaba amid a fire sale of its holdings in U.S.-listed Chin...