Tag: FX

Slumping cryptocurrencies have not only had to deal with plummeting values lately, but authorities are uncovering more and more crypto crimes that are adding to the industry’s bad name. U.S. tax authorities have said they were following 50 separate leads into scams involving nonfungible tokens and other aspects of the crypto industry. Tax investigators also…

Share to FacebookShare to TwitterShare to LinkedinTopline What might be a lost painting by Pablo Picasso was spotted at the home of Imelda Marcos, the former first lady of the Philippines and the widow of dictator Ferdinand Marcos–who allegedly embezzled billions of dollars from the Philippines before he was ousted–after her son Ferdinand Marcos Jr.…

The stock market does not have to be a sprint.  Yes, some people make money on short-term trades, options, and buying or selling based on technical analysis, but many investors take a long-term “set and forget it” approach to at least some of their portfolios. Investors who think this way generally develop a thesis —…

Cryptocurrencies are hot for a lot of reasons — the lure of big profits, the chance to remake the finance world, a pretty cool technology and so on. Sure, there are occasional cryptocurrency heists. And the stuff may be playing an ongoing role in money laundering and dark web transactions. But proponents of the new…

Share to FacebookShare to TwitterShare to LinkedinTopline Former German tennis star Boris Becker—whose off-court troubles have overshadowed his athletic success—was sentenced Friday to two and a half years in prison after a U.K. court found he withheld hundreds of thousands of dollars in assets after declaring bankruptcy in 2017, according to multiple reports. Former tennis…

Can’t blame Coinbase  (COIN) for trying.  The most popular of the crypto exchanges in the United States is scrambling to try to find sources of growth as trading by retail investors has slowed markedly.  It is these same investors, led by young people who have suddenly become rich thanks to their investments in crypto, which…

Share to FacebookShare to TwitterShare to LinkedinBitcoin and cryptocurrency prices are in the red this week. The bitcoin price fell below $40,000, and is now 15% down from its March highs. Ethereum’s price dropped 7.8%, BNB 3.6%, terra 20%, solana 13.8%, cardano 12.9%, and XRP 0.7%, and dogecoin 2.12%. Meanwhile, last week Treasury Secretary Janet…

No doubt, many traders and investors are having an extremely difficult time with the current stock market. “It’s especially tough since it’s the first time that many have traded without a dovish Federal Reserve providing a tailwind: wrote Real Money Columnist James “Rev Shark” Deporre recently. Deporre calls the current stock market one of the…

Hope is not an investing strategy, even when it’s all you have, Jim Cramer reminded his Mad Money viewers Tuesday, after the latest Consumer Price Index reading roiled the markets into another day of declines. Cramer said positivity and optimism are good things to have, but when it comes to investing, you simply cannot hang…

The crypto industry has reason to rejoice. Prices have stabilized relatively.  Now, crypto fans and admirers seem to be turning their attention to how to facilitate and expand the adoption of digital currencies by the general public. Their selling point is to explain that crypto can be used in everyday life.  A few months ago,…