As the total cryptocurrency market capitalization dipped below $2 trillion last week, major crypto execs have been increasingly talking about a potential continuous bear market or a “crypto winter.” Contrary to the expectations of many in the crypto market, Bitcoin (BTC) failed to surge above $68,000 in 2021 and continued dropping below $40,000 in early
The government will stay open until mid-March under the latest short-term spending measure, but much of the Infrastructure Investment and Jobs Act funding issuers are eagerly awaiting remains on hold without a full-year budget. The Senate Thursday passed the new continuing resolution, which funds the government through March 11. The 65-27 vote averted a partial
You won’t need your car keys here. This private island sanctuary in the Bahamas is only accessible by boat, seaplane or helicopter. Montage Cay, a resort community on Abaco Island, will offer 50 suite accommodations, seven white sand beaches, a full-service spa and swimming pools when it opens next year. And for those wanting to
The nation’s museums are facing increased flooding and more frequent wildfires, and all that history inside is at risk. The value at stake is incalculable. Now the rush is on to make the structures more resilient, but funding that will be a feat. The problem is particularly acute at the nation’s Smithsonian museums. At the
Grayscale Investments’ latestreport “Reimagining the Future of Finance” defines the digital economy as “the intersection of technology and finance that’s increasingly defined by digital spaces, experiences, and transactions.” With this in mind, it shouldn’t come as a surprise that many financial institutions have begun to offer services that allow clients access to Bitcoin (BTC) and
In this article NET EXPE COUR INTC SEDG Visitors browse at the display of Expedia during the International Tourism Trade Fair in Berlin. Fabrizio Bensch | Retuers Geopolitical tensions, the prospect of Federal Reserve rate hikes and inflation fears have roiled the stock market and left investors unsettled. The major indexes have just notched a
In this article SHAK DKNG ROKU BLMN DE DBX Check out the companies making headlines before the bell: DraftKings (DKNG) – The sports betting company’s stock tumbled 13.2% in the premarket, despite a narrower-than-expected quarterly loss and revenue that beat estimates. DraftKings projects a wider-than-expected adjusted loss for the full year as costs continue to
Michigan State University got a rating outlook boost as it heads into the market with a $500 million century bond. S&P Global Ratings revised the outlook on its AA rating to stable from negative ahead of the deal, citing the university’s management through the operational turbulence caused by the Larry Nassar sexual abuse scandal. The
Rising risks of security breaches would boost spending on cybersecurity. zacks.com zacks.com/ultimate
A new class-action lawsuit demands a jury trial against A-list celebrities and social influencers for their alleged participation in a classic pump and dump scheme relating to SafeMoon tokens. SafeMoon, a Binance Smart Chain-native cryptocurrency, allegedly recruited a number of celebrities to lure investors in with misleading promotions. Some of the prominent names roped in
A new report issued by LAVCA, the Association for Private Capital Investment in Latin America, has found that the venture capital (VC) investment in the region has grown immensely compared to the previous year’s numbers. In general, the region registered investments of more than $15 billion, more than three times the amount registered in 2020.
Puerto Rico’s government is exploring refinancing its Puerto Rico Sales Tax Finance Corporation’s bonds, also known as COFINA bonds, a move some say could allow the commonwealth to see cost savings as it also works toward restructuring its general obligation bonds. The Puerto Rico Fiscal Agency and Financial Advisory Authority has requested pre-qualified investment banks
Las Vegas’ emerging and evolving ultra-luxury home (properties above $5 million) market has reached world-class status offering diverse five-star lifestyles to a new demographic of buyers. Anthony Spiegel, one of the area’s top-producing brokers in that rarefied ultra-luxury sector at The Ivan Sher Group, studies market dynamics. “We never really had an ultra-luxury market here in
A sold sign is posted in front of a home in Phoenix, Arizona. Justin Sullivan | Getty Images Sales of previously owned homes in January rose 6.7% from December to a seasonally adjusted annualized rate of 6.5 million units, according to the National Association of Realtors. That exceeded Wall Street expectations significantly. Sales were 2.3%
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week $1T opportunity: JPMorgan becomes first major bank in the metaverse
In this article SPCE Virgin Galactic leaders in front of the New York Stock Exchange, from left: CEO George Whitesides, founder Richard Branson and Chairman Chamath Palihapitiya. Virgin Galactic Virgin Galactic announced Friday that Chairman Chamath Palihapitiya is stepping down from the space tourism company’s board of directors, effective immediately. Palihapitiya’s SPAC, or special purpose
In this article SPCE ROKU BLMN DLTR SHAK Scott Olson Check out the companies making headlines in midday trading. Roku — Roku shares were down nearly 25% after the company reported revenue for the most recent quarter that fell short of analysts’ forecasts. Roku also issued a weaker-than-expected outlook due to higher component prices and supply
The Federal Reserve formally adopted tough, sweeping restrictions on officials’ investing and trading, aiming to prevent a repeat of the ethics scandal that engulfed the U.S. central bank last year. The changes codify new guidelines announced in October to restrict active trading, prohibit the purchase of individual securities and boost disclosure requirements among policymakers and senior staff
David Borun goes over the best methods for closing a trade, despite how your original thesis was correct, or incorrect.
Triple-A benchmark yields fell further Friday, as U.S. Treasuries were better in a continued flight-to-safety bid, while equities ended in the red again. Traders and managers reported a firm tone and trading showed it on Friday ahead of next week’s lower new-issue calendar. “It’s pretty quiet,” a New York trader said on Friday afternoon, pointing