Tag: FX

What crypto crash? While the rapid skid of crypto value has caused panic on social media and Wall Street, billionaire Michael Saylor seems to have kept his cool. He won’t sell his bitcoin. He doesn’t want his company MicroStrategy  (MSTR) – Get MicroStrategy Incorporated Class A Report to let go of its almost $5 billion bitcoin…

Share to FacebookShare to TwitterShare to LinkedinTopline El Salvador, the first country to adopt bitcoin as legal tender, purchased 410 bitcoin for $15 million Friday with the currency trading at its lowest point in six months, President Nayib Bukele announced on Twitter. Salvadoran President Nayib Bukele speaks during the inauguration of the ISA World Surfing…

The entire country of El Salvador is riding the cryptocurrency wave, even in its choppiest waters.  The first country in the world to adopt bitcoin as legal tender, the Central American nation just “bought the dip” once again and acquired 410 bitcoin (roughly $14.8 million USD), its president tweeted Friday. “I think I might have…

The Federal Reserve released a study late Thursday raising the possibility of issuing a cryptocurrency and asking for public comments on the idea, but making clear that it wouldn’t act without support from Congress and the White House. Prices for bitcoin fell sharply late Thursday, losing nearly $2,000 to $39,864.75 in recent activity. The study,…

Cryptocurrency prices were down Tuesday as Britain said it planned to crack down on misleading advertisements for cryptoassets. The finance ministry said that about 2.3 million people in Britain now own crypto asset, Reuters reported. But the ministry said research suggested that understanding of the sector is declining, which means some users may not fully understand what they…

Dollar Tree  (DLTR) – Get Dollar Tree, Inc. Report has passed the buck: It’s now a buck and a quarter. And if social media is any indication, consumers are not happy about the discount retailer’s planned price increase. The Chesapeake, Va., company said in November that it planned to roll out price increases that will take its…

A diverse portfolio can help minimize losses during times of volatility and financial uncertainty.  Simone Hutsch via Unsplash; Canva ContentsWhat Is Diversification in Investing? How Does Diversification Mitigate Risk?What Is an Asset Class? How to Diversify a PortfolioDo Diverse Portfolios Perform Better During Recessions? What Are the Limitations of Diversification? What Is Diversification in Investing?…

Share to FacebookShare to TwitterShare to LinkedinTopline The value of bitcoin, ethereum and other major cryptocurrencies plummeted Thursday after minutes from the Federal Reserve’s latest meeting signaled a possible shift towards more aggressive action from the bank as it scales back pandemic support and moves to tackle high levels of inflation.  Crypto prices fell following…

Share to FacebookShare to TwitterShare to LinkedinTopline MicroStrategy, the data analytics firm helmed by billionaire cryptocurrency bull Michael Saylor, announced its latest big investment in bitcoin on Thursday morning, yet again doubling down on its staggering commitment to the world’s largest cryptocurrency as the market reels from a drawback that’s pushed prices down more than…

Tom Holland in Spider-Man No Way Home Sony With around $406 million domestic and around $922 million worldwide as of Friday, Spider-Man: No Way Home will spend Christmas Day swinging past the $1 billion mark. The film is both the biggest global grosser of 2021 (ahead of the mostly-in-China $904 million gross of The Battle at Lake Changjin) and…