Tag: Forex

What Does “Margin of Safety” Mean in Investing?Stocks fluctuate in price constantly, and longer-term investors aim to take advantage of these fluctuations by buying stocks when they’re “on sale,” or trading for less than they’re worth. In value-investor-speak, the price a stock should be trading at …

Elon Musk sees himself as a visionary.  He wants to change our civilization as we know it today. The serial entrepreneur promises that humans will live on Mars soon. He made it the centerpiece of his vision for humanity. While waiting to realize this spectacular promise, the Techno King, as he’s known at Tesla  (TSLA)…

The FTX cryptocurrency exchange may not be dead.  The platform, the flagship company of Sam Bankman-Fried’s crypto empire, could be revived in the coming months.  So said John Ray, the CEO appointed Nov. 11 when Bankman-Fried’s empire filed for bankruptcy, to handle the liquidation. In his first public interview, Ray spoke with The Wall Street…

It’s a real comeback — the return with fanfare of a cryptocurrency that many experts and industry sources gave up almost for dead after the bankruptcy of the empire of Sam Bankman-Fried on Nov. 11. Solana (SOL), they said, was not going to be able to survive the earthquake represented by the fall of the…

Bitcoin evangelists may breathe.  They must tell themselves that their wildest predictions will probably come true.  For several days now, prices of the most popular cryptocurrency have been on the rise, breaking with a see-saw momentum seen since the bankruptcy of the FTX cryptocurrency exchange on Nov. 11. Bitcoin (BTC) prices were hovering around $20,749.71…

When cryptocurrency exchange FTX raised $400 million from investors such as Softbank, Temasek, Tiger Global, and others in January of 2022, its net worth took off. The funding, in amazing fashion, soon lifted its value to $32 billion. By November, it was bankrupt. While FTX pumped up its reputation with big-name investors, it was also allying…

Share to FacebookShare to TwitterShare to LinkedinTopline No one bagged Tuesday night’s billion-dollar Mega Millions draw, the lottery operator said, sending the jackpot soaring to $1.35 billion for the next draw on Friday the 13th, one of the largest prizes in U.S. lottery history that many will hope to claim despite the unlucky date, though…

Coinbase Chief Executive Brian Armstrong does not mince words.  Nearly two months after rival Sam Bankman-Fried’s empire went bankrupt, he’s just delivered a massive blow to what until recently was the institutional face of crypto. Bankman-Fried’s empire consisted of the FTX cryptocurrency exchange. Before its rout, it was the third largest cryptocurrency exchange based on…

Share to FacebookShare to TwitterShare to LinkedinBarry Silbert, founder and chief executive officer of Digital Currency Group Inc., speaks during the Skybridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S., on Thursday, May 9, 2019. (Joe Buglewicz/Bloomberg) © 2019 Bloomberg Finance LP Digital Currency Group CEO Barry Silbert has been accused of fraud by his…

The bankruptcy of Sam Bankman-Fried’s crypto empire continues to cause waves in the crypto space.  The various firms continue to monitor each other to find out who will be the next collateral victims of this disaster after the lender BlockFi went down. All eyes have been on lender Genesis, a subsidiary of crypto juggernaut Digital…