Cryptocurrency books aimed at novice users or non-users tend to follow a very similar pattern. Almost all start with an obligatory “history of money” and explain why fiat is, let’s say, “flawed,” — to be polite. Then Bitcoin (BTC) in introduced, wielding a fistful of shiny new tech that can address some of these issues.
One telltale sign of a growing altcoin season is when obscure and lesser-known projects start putting on face-melting gains as traders scramble to jump on the rising price. New Kind of Network (NKN) has emerged over the past month as one of these surprise gainers, increasing 1,400% from a low of $0.052 on March 8
Municipal primary deals repriced to lower yields, competitive deals saw lower coupon structures and strong demand, and both helped push yields lower on triple-A benchmarks as U.S. Treasuries made gains on Tuesday. Gilt-edged Forsyth, North Carolina, general obligation bonds came competitively with 4% coupons through triple-A 5% levels in some maturities, and 2s in 2041
The world’s leading economies are close to agreeing a set of principles that would revolutionise the taxation of multinationals after France and Germany threw their support behind a new US approach to the issue. Talks on how to make it difficult for international companies to shift profits round the world to minimise tax have been
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Kevin Matras explains the Price to Sales ratio and why it’s one of his favorite valuation metrics. Stocks highlighted include CACI, LF, NCI, RRGB and TRN.
Institutions should start buying Bitcoin (BTC) again, leading analyst PlanB has said as one exchange sees a fresh $250-million withdrawal. In a tweet on Tuesday, PlanB argued that conditions were now right for buyers to continue accumulating BTC with confidence. PlanB: “Probably time” for Q2 buying BTC/USD had seen a lack of momentum over the
Greenberg Traurig, P.A., announced that it has expanded its public finance and infrastructure practice by hiring municipal veteran Brian Crumbaker for its office in Tallahassee, Florida. Crumbaker, formerly with Hopping Green & Sams, has extensive experience representing bondholders and corporate trust companies in cases related to distressed or defaulted high-yield tax-exempt bonds. At Greenberg Traurig,
Tom Lee said Monday he expects the stock market’s strong start to April to continue throughout the month as part of what he’s previously dubbed a “face-ripper rally.” The co-founder of Fundstrat Global Advisors made his case in an interview on CNBC’s “Fast Money,” following the S&P 500‘s 1.4% gain Monday to notch a record close
Chairman of the Federal Reserve Jerome Powell listens during a Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh | Reuters As the economy booms over the next couple of months, the Fed will have a more difficult time defending its
The Beverly House, a grand Beverly Hills mansion once owned by newspaper tycoon William Randolph Hearst and actress Marion Davies, is back on the market for about $90 million. A titan of industry. A Hollywood starlet. A scandalous affair. An iconic movie. Many Los Angeles homes come with colorful backstories, but few tell a tale
fstop123 | Getty Images The Consumer Financial Protection Bureau proposed a rule Monday to prevent a wave of foreclosures this fall, when certain Covid-era protections for homeowners are set to expire. The proposal, which would need final approval, generally prohibits mortgage servicers from initiating foreclosure proceedings against delinquent borrowers until after Dec. 31, 2021. The
If this past weekend is any indication of the current bull market cycle, then an altcoin season may be well underway. Similar to previous cycles, after (BTC) makes a significant run-up in price and then enters a consolidation period, funds begin to migrate into large and small market cap altcoins. Data from Cointelegraph Markets and TradingView
San Diego has been emboldened by recent California state court rulings to seek certification of a hotel tax that passed with lower than a two-thirds supermajority. Measure C, a hotel tax that would provide funding for the convention center, services for homeless people, and street repairs, garnered 65.24% of the vote on March 3, 2020,
Two senior Credit Suisse executives are leaving the bank as it deals with the fallout from billions of dollars of losses in the blow-ups of Archegos Capital and Greensill Capital. Lara Warner, the group’s chief risk and compliance officer, and Brian Chin, head of the investment bank, are set to depart, according to people with
An Internet Software and Semiconductor Stock is in Focus. Zoom: https://www.zacks.com/stock/quote/ZM?cid=CS-YOUTUBE-FT-VID AMD: https://www.zacks.com/stock/quote/AMD?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
Starbucks customers can now pay for items with bitcoin by leveraging the Bakkt digital wallet application. Bakkt’s CEO, Gavin Michael explained that 500,000 users participated in testing before the launch, as the company says it looks forward to expanding crypto assets to everyone. You Can Now Pay for Goods at Starbucks With Bitcoin You can
The deadline for bond insurer withdrawal of support for the Puerto Rico central government bond Plan Support Agreement was pushed back to 5 p.m. April 5 from 5 p.m. March 31. The relevant PSA covered general obligation and Public Building Authority bonds. It is a key component of the overall plan of adjustment. The Puerto
Sanjay Mehrota, CEO, Micron Scott Mlyn | CNBC With focus locked in on the emergence from the pandemic, there is still plenty of uncertainty lingering on Wall Street. So, how can exciting investment opportunities be found? By following the latest stock recommendations from the analysts that consistently get it right. TipRanks’ analyst forecasting service attempts
Kevin Kahovec and Mary Kate McGovern chat at Rizzo’s Bar & Inn in Wrigleyville as coronavirus disease (COVID-19) restrictions are relaxed in Chicago, Illinois, March 6, 2021. Eileen T. Meslar | Reuters The nation’s economic growth is in for a boost in the second quarter, as parts of the economy most impacted by the pandemic