An Institutional Investor Hall of Famer sees an urgent need for investors in some of the most popular trades to diversify. Rich Bernstein, who has spent decades on Wall Street, is waving the red flag on long-duration assets ranging...
Asia-Pacific markets broadly struggled for gains on Monday as investors kept an eye on the Covid-19 situation across the region while oil prices tumbled 3%. Australia’s benchmark ASX 200 was unable to hold on to modest gains and finished...
Sir Richard Branson's Virgin Atlantic is exploring a possible listing on the London stock market to raise money to repair the airline's finances. The move could see shares offered to private investors as well as big City firms, but...
Stock futures traded lower early Monday after the Dow Jones Industrial Average notched a record close Friday following a stronger-than-expected jobs report. Futures tied to the Dow fell 42 points, or 0.12%. S&P 500 futures declined 0.17% and Nasdaq...
Key Points China's cryptocurrency ban took a huge chunk out of global demand for coins.The non-fungible tokens bubble looks ready to burst.Environmental concerns about cryptocurrency mining are mounting. Even after showings signs of a recovery in...
U.S. Senator Elizabeth Warren, a longtime bitcoin skeptic, has shared her view of the benefits of cryptocurrencies. While noting that “The biggest upside to cryptocurrency could be expansion or democratization of access to the financial system,” she warned that the crypto industry...
Key Points Square’s Seller and Cash App ecosystems help merchants and consumers participate in the digital economy, and both are growing quickly.Square’s recent acquisition of Afterpay could supercharge both ecosystems.Management puts the company’s market opportunity at $160 billion.
Following Thursday's London upgrade, the Ethereum (CRYPTO: ETH) network started burning thousands of coins each day, while this is a welcome blow to Ether's inflation may expect that in the future it may make it even a deflationary asset. What Happened: According to network data,...
The Securities and Exchange Commission (SEC) has charged a pair of men for their part in making millions off fraudulent offerings. The case has already been settled. Two men from Florida were been brought up on charges by the...
Bitcoin (BTC) price reacted as high as $44,600 on Aug. 7, the highest level since before the infamous May 19 crash.  Meanwhile, there are increasing speculations that BTC could undergo a similar upside boom like the one that began in October 2020.
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