New bitcoin-linked security to premiere on Wall Street
Published by AFP New York (AFP) – Bitcoin will take another step closer to mainstream investing Tuesday with the launch of a new security Tuesday on the New York Stock Exchange. ProShares, a leader in exchange traded funds, a type…
James Gorman: We’re Seeing Fruits Of Long-Term Strategy
Published by ValueWalk Following is the unofficial transcript of a CNBC interview with Morgan Stanley (NYSE:MS) Chairman & CEO James Gorman on CNBC’s “Squawk on the Street†(M-F, 9AM-11AM ET) today, Thursday, October 14. Following is a link to video…
No Qualms, No Prisoners
Published by ValueWalk Totally not transitory inflation readings didn‘t sink S&P 500 – stocks recovered, and are likely to spend trading today near 4,400. Credit markets didn‘t disappoint after all, but the sectoral composition isn‘t a picture of screaming strength….
US biggest bitcoin miner after China crackdown: study
Published by Relaxnews The United States has overtaken China as the biggest miner of bitcoin following Beijing’s crackdown on the method used to unearth the world’s major cryptocurrency, a study showed on Wednesday. Figures released by the University of Cambridge…
Are PayPal and Cryptocurrency Getting Along Too Well?Â
Published by ValueWalk Making sense and more cents with cryptocurrency is easier and safer with the new Justice Department’s cryptocurrency crime-fighting unit. Q3 2021 hedge fund letters, conferences and more This week, the Justice Department in the US formed a…
JPMorgan’s Dimon blasts bitcoin as ‘worthless’, due for regulation
Published by Reuters NEW YORK (Reuters) – Jamie Dimon, JPMorgan Chase & Co chief executive, said on Monday at a conference that cryptocurrencies will be regulated by governments and that he personally thinks bitcoin is “worthless.” “No matter what anyone…
Surging oil prices lift U.S. material, energy stocks; Yen wilts
Published by Reuters By Koh Gui Qing NEW YORK (Reuters) – Oil prices surged on Monday to multi-year peaks, boosting U.S. materials and energy stocks, but fears that rising prices would exacerbate supply-chain snags caused Wall Street to give up…
Flirting with Fed Policy Mistake
Published by ValueWalk S&P 500 didn‘t like the underwhelming NFPs, but didn‘t collapse either. Orderly reaction to a bad number powerful enough to postpone Fed‘s Nov taper, to be followed by celebration of continued monetary support, or creeping worries about…
The Quest for Alternative Cryptocurrency
Published by Newstrail Benin City Ignites leadership with Oduwacoin adoption in AfricaOduwacoin Unveiling Leaders in Benin City. What is OduwaCoin?Oduwacoin is an open-source cryptocurrency. The first indigenous Cryptocurrency was designed to empower people of African descent. It is the most…
Iran’s power company warns of cuts due to crypto mining
Published by Al-Araby Illegal cryptocurrency mining in Iran risks causing new power cuts this winter, the state electricity company warned Sunday. Iranian officials regularly accuse unlicensed cryptocurrency miners of using vast amounts of electricity. Illegal cryptocurrency mining will account for…