Only Those Who Engage in Market Timing Are Truly Following a “Strategyâ€
They call Buy-and-Hold a “strategy.†But it’s not really that. Say that you needed to travel to a location 100 miles away from your home. Say that you looked at some maps and determined that there were different routes that…
Not Just Oil and Missiles: Other Wartime Investments to Consider Now
Just the other day, I asked investors to consider RTX Corporation (NYSE:RTX) stock and Lockheed Martin (NYSE:LMT) stock as high-conviction holdings for these tumultuous times. These, along with oil-related stocks like ExxonMobil (NYSE:XOM) and Chevron (NYSE:CVX), are certainly worthy additions…
Bitcoin’s dominance level now above 50% as altcoins underperform
Key takeaways Bitcoin’s market dominance now stands above 50% as Ether and other major altcoins underperform. The broader crypto market is currently bearish due to the geopolitical uncertainty in the Middle East. Bitcoin’s market dominance now stands at 50.3% Bitcoin,…
Suspicious $1.6M NFT purchase raises money laundering concerns
Anonymous $1.6 million NFT purchase triggers the cryptocurrency community’s suspicions. The previous sale at a much lower price raises questions of foul play. Tornado Cash’s involvement adds to concerns due to its history of anonymizing transactions. In a surprising turn…
Is Binance’s $1B Crypto Recovery Fund A Gigantic Fizzle?
Crypto exchange Binance promised to invest a staggering $1 billion, denominated in its branded stablecoin BUSD, into promising crypto startups through its Industry Recovery Initiative (IRI), following the collapse of crypto exchange FTX. As it stands now, IRI has only…
Star witness at US crypto trial says Bankman-Fried ordered fraud
New York (AFP) – Disgraced crypto wunderkind Sam Bankman-Fried was the mastermind behind a scheme to defraud FTX clients of billions of dollars, the star witness in his US trial testified on Tuesday. Caroline Ellison, Bankman-Fried’s former business partner and…
Paul Tudor Jones: Really Challenging Time To Want To Be An Equity Investor In U.S. Stocks Right Now
Following is the unofficial transcript of a CNBC interview with Tudor Investment Corporation Founder & CIO Paul Tudor Jones on CNBC’s “Squawk Box†(M-F, 6AM-9AM ET) today, Tuesday, October 10. Legendary investor Paul Tudor Jones: U.S. might be in weakest…
Crypto firms told they have three months to fall in line with FCA’s new marketing rules
By Darren Parkin A slew of tough new Financial Conduct Authority rules aimed at making the marketing of digital assets clearer came into force today. The move will see the implementation of a 24-hour ‘cooling off period’ for investors, as…
Forbes’ Bold Prediction: $8 Trillion to Enter XRP and Bitcoin Markets Amidst US Dollar Woes
The post Forbes’ Bold Prediction: $8 Trillion to Enter XRP and Bitcoin Markets Amidst US Dollar Woes appeared first on Coinpedia Fintech News Crypto is the new hope for traders fleeing Gold and Silver due to rising US debt, inflation,…
How U.S. Treasury Trends Could Shape Bitcoin’s Upcoming Chapter?
The post How U.S. Treasury Trends Could Shape Bitcoin’s Upcoming Chapter? appeared first on Coinpedia Fintech News According to BofA’s Global Research, the U.S. is experiencing the “greatest bond bear market of all time,†as the peak-to-trough loss in 30-year…