Crypto prices keep falling, but why? This year’s market crash has turned most winning portfolios into net losers, and new investors are probably losing hope in Bitcoin (BTC).
Investors know that cryptocurrencies exhibit higher than average volatility, but this year’s drawdown has been extreme. After hitting a stratospheric all-time high at...
Investors have pulled around $1.43 billion from the crypto exchange Binance and its U.S. affiliate as of 11 a.m. ET (1500 GMT) on Tuesday, data firm Nansen said, a day after a top U.S. regulator sued both exchanges.
From Nelson Mandela and Bill Clinton to Michael Jordan and Mike Tyson, life-coach legend Tony Robbins has shined his unique brand of sunshine on some of the biggest names on the planet.
But he didn’t make his vast fortune as merely a guru to the stars, although getting paid $1...
Bitcoin is an “off-the-grid” alternative to the traditional financial system, SEC Chairman Gary Gensler said.Gensler joined former SEC chairman Jay Clayton on Wednesday to talk about Bitcoin, cryptocurrency, and ETFs.Issuers should “come within the investor protection remit” to launch a spot BTC...
To paraphrase JP Morgan banker Jamie Dimon’s advice to investors and analysts this week, everything looks pretty good except the possibility that something really bad could happen.
The stock market, so far, has largely recapitulated its pattern...
U.S. stocks closed higher again Friday, ending the week at new record highs, helped by more data suggesting the economy and corporate profits are in good health.
The rally this week has also been supported by at least a partial...
Ethereum balances on exchanges reached a four-year low in what could have been termed a surprise. According to data from the leading analytics platform, Glassnode, the total number of ETH held on exchanges remained under 20 million. Glassnode recorded this number in the late hours of Friday, 22 July.
Source: Glassnode
The last...
RETAIL HOLDS 14% OF SUPPLY
One of the most common Bitcoin fear, uncertainty and doubt (FUD) critiques is that the majority of supply is heavily concentrated in the hands of the few. Like every financial system...
With increased fears of a possible recession, investors seeking steady income may turn to stocks paying quarterly dividends, which are part of company profits sent back to investors.
Historically, dividends have significantly contributed to an asset’s total return, sometimes providing a boost during economic downturns.
From 1973 to 2021, companies paying...
The American Petroleum Institute (API) on Tuesday reported a draw in crude oil inventories of 879,000 barrels for the week ending July 30, bringing the total 2021 crude draw so far to nearly 55 million barrels, using API data.
