The marketwide sell-off on May 19 triggered a 55% decline in the price of Bitcoin (BTC), and altcoins were hit even harder, with some tokens seeing declines of up to 90%. One project whose native token price appears to have bottomed out after an 87% decline from its all-time high is Verasity, an e-sports-focused blockchain protocol focused
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European stocks tumbled at the open on Thursday, with commodities also under heavy pressure on mounting concerns over US monetary policy and the renewed spread of coronavirus. Major bourses across the region slid in early trading, with London’s FTSE 100 dropping about 2 per cent. The broad Europe Stoxx 600 fell 1.4 per cent with
Popular retail trading app, Robinhood, has revealed crypto trading surged in popularity on the platform and now represents 41% of its revenue. According to its second-quarter financial results published Aug. 18, the firm generated $233 million from crypto trading services for the quarter, up from $5 million for the entirety of 2020. More than 60%
In this article PSTH Bill Ackman’s troubled SPAC was hit with a lawsuit Tuesday alleging the blank-check company promised “staggering compensation” to directors and asking that the entity’s special status be revoked. The plaintiffs — former Securities and Exchange Commission commissioner Robert Jackson and Yale law professor John Morley — claim that Pershing Square Tontine
In this article WFC NVDA CSCO HOOD People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images Check out the companies making
In this video, we’re going to talk about the difference between buying a call and selling a put. You’ll understand this quickly because we will go into details that will be a real eye-opener for you. You’re going to see in which scenarios you’re going to make money. Also, I’ll show you when you need
Alight (ALIT) recently went public via SPAC last month and the lack of analysts coverage has catalyzed significant undervaluation.
Investors digested three mammoth deals of $1 billion or more in the primary market on a heavy day of issuance as municipals remained unchanged, Treasuries were mostly steady, and more than $2.5 billion flowed into long-term municipal bonds. The primary market activity was brisk Tuesday as all eyes turned to the Federal Open Market Committee’s
Prewar. The very word conjures images of the elegance and grace of an earlier, more refined and less cynical time. When employed to describe buildings, the term is most often used to denote the charming, sophisticated but all-too rare pre-1941 residential structures of Manhattan, many of them sprinkling the storied Upper West Side. Even more
Prospective home buyers arrive to tour a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Borrowers backed away from the mortgage market last week, as higher interest rates chilled a recent revival in refinances. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less)
The football ecosystem has stepped up its adoption game as more clubs continue to involve crypto in mainstream operations. Netherland-based top tier football club PSV Eindhoven has partnered with a local crypto trading platform, Anycoin Direct, which will pay the club an undisclosed amount of Bitcoin (BTC) in a new sponsorship deal. According to the
Fitch Ratings has upgraded Sacramento, California’s issuer default rating to AA from AA-minus. The outlook is stable. Monday’s upgrade “reflects the city’s steady improvements in financial resilience based on incremental gains in reserves. Sacramento’s underlying economic growth coupled with a voter-approved sales tax, which has been permanently renewed, have fueled the increase in reserves,” Fitch
The Taliban is rushing to work out how to govern Afghanistan after the militant Islamist group’s exiled leaders came back to a country that has changed profoundly since it was driven from power 20 years ago. While the Taliban has been setting up shadow governors and administrators to rule its conquered territory, the US has
Spire CEO Peter Platzer rings the opening bell of the New York Stock Exchange (NYSE) during their listing in Manhattan, New York City, U.S., August 17, 2021. Andrew Kelly | Reuters Small satellite builder and data specialist Spire Global began trading on the New York Stock Exchange on Tuesday, becoming the latest space company to
In this article WMT HD RBLX EDR ME TME A Home Depot branded bucket at a Home Depot store in Hercules, California, U.S., on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Home Depot — The home improvement retailer’s shares dropped more
In this episode of let’s talk stocks, we are going to take a look at the technical analysis basics of a flag stock chart pattern, which is a continuation pattern. I’m going to show you what this pattern looks like, the previous trend, volume, projections, entry points, and a few final tips for trading this pattern.
Brian Hamilton gives us two growth and income stocks for 2018. Triton International: https://www.zacks.com/stock/quote/TRTN?cid=CS-YOUTUBE-FT-VID KLA Tencor: https://www.zacks.com/stock/quote/KLAC?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Municipals were steady and relative value increased on the long end of the market amid rising Treasuries Tuesday. The Puerto Rico Aqueduct and Sewer Authority came to market with over $800 million of bonds as two New York issuers offered large deals to hungry retail investors ahead of Wednesday’s release of the Federal Open Market
If the extent of your involvement with smart home technology is watching for porch pirates on your digital doorbell and setting up a connected thermostat to accommodate a happy medium between your sleep comfort and your partner’s, you’re missing out on some extraordinary innovations. This field is experiencing rapid growth, and wellness – driven in
Flood waters stream down the road in Muhlenberg Township, Pennsylvania, after a major storm last August. Ben Hasty | MediaNews Group | Getty Images Climate change and its devastating impact are accelerating faster than ever, according to a new report from the United Nations’ Intergovernmental Panel on Climate Change. Hurricanes are becoming stronger, rainfall heavier