El Salvador plans first ‘Bitcoin City’, backed by bitcoin bonds
Published by Reuters SAN SALVADOR (Reuters) -El Salvador plans to build the world’s first “Bitcoin City” which will be funded initially by bitcoin bonds, President Nayib Bukele said on Saturday, doubling down on the Central American country’s bet on the…
The Wild Card Is Back
Published by ValueWalk S&P 500 rose, once again driven by tech and not value. That‘s still defensive, mirroring the weak credit markets posture. While waiting for bonds to turn – not that there wouldn‘t be an optimistic HYG open yesterday…
Is Litecoin a Good Investment?
Cryptocurrencies have had a spectacular performance in the past decades. What started as a small project has grown to an industry valued at more than $2.6 trillion. Bitcoin, the first cryptocurrency, has grown its market capitalization to more than $1.3…
Like Clockwork
Published by ValueWalk S&P 500 took a little breather, and sideways trading with a bullish slant goes on unchecked. Credit markets have partially turned, and I‘m looking for some risk appetite returning to HYG and VTV. Any modest improvement in…
Cryptocurrency fraud soars, spurring state action
Published by Stateline.org Has “Elon Musk†asked you to send him bitcoins, offering to double your money? Did you get an official-looking solicitation from the Texas firm “Peters Wealth Management†to buy cryptocurrency? How about someone on a dating app…
Lakers’ Staples Center to be renamed in reported $700 mn deal
Published by Relaxnews The Los Angeles Lakers’ famed home, the Staples Center, is to be renamed next month in a deal worth a reported $700 million with Singapore-based cryptocurrency platform Crypto.com, a statement said Tuesday. As of Christmas Day, the…
OANDA – Stocks Pop On Impressive US Data, American Consumer Is Still Strong, Oil’s Choppy Trade, Gold Eases, Bitcoin Stumbles
Published by ValueWalk US stocks rallied after an impressive retail sales report, solid industrial production data, and retail earnings showed the consumer is handling the current pricing increases. All signs are pointing to a very strong holiday season for retailers…
Decentralized Finance – Get your CAKE up
Published by Skillz Media Recently, I tried my hand with the decentralized finance, or DeFi, side of crypto. DeFi allows for borrowing, lending, and investing with a much higher return than traditional banks, among other useful features. As I explore…
Getting Real On PMs And Inflation
Published by ValueWalk S&P 500 indeed rose but bond markets couldn‘t keep the encouraging opening gains. Can stocks still continue rallying? They look to be setting up for one more downleg of maximum the immediately predecing magnitude, which means not…
“Dr. Fraud†Tells Us How to Avoid All the Most Common Travel Scams
Published by InsideHook By Lindsay Rogers His name is J. Michael Skiba, but he goes by Dr. Fraud. Over the course of his 25-year career, he’s worn many hats: currently, he’s the department chair for Colorado State University’s fund management…