Tag: FX

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,…

The Miami Bull, an 11-foot, 3,000-pound statue, outside the Miami Beach Convention Center during the Bitcoin 2022 conference in Miami, Florida, U.S., on Wednesday, April 6, 2022. Eva Marie Uzcategui/Bloomberg Furio Tedeschi cares not a whit about the criticism heaped on his robo-crypto bull statue, which was unveiled in Miami on Wednesday during a large…

There’s a saying among football coaches and wartime generals that theory is one thing and execution is another. That’s been especially true of the the stock market this year as it’s been buffeted by inflation, rising interest rates, and Putin’s invasion of Ukraine.  In such circumstances, it’s reasonable to expect missteps in execution, according to…

Share to FacebookShare to TwitterShare to LinkedinTopline Major oil and gas companies, which scrambled to abandon operations in Russia following the invasion of Ukraine in late February, are now warning that doing so will result in billions of dollars of losses. Several companies have warned that upcoming earnings results could take a hit. Spencer Platt/Getty…

Mike Novogratz believes in it.  The billionaire is convinced that bitcoin will experience a new Golden Age soon. There is no doubt for him.  Once the Federal Reserve takes a break from its monetary tightening, bitcoin will resume its march forward, according to Novogratz, whose company Galaxy Digital invests heavily in digital currencies and the…

From Bedding to Betting: Jim “Mattress Mack” McIngvale hedges big furniture promotions at his Texas stores with multimillion-dollar sports wagers. “It’s a lot sexier than liability insurance,” he says. Gallery Furniture For some sports gamblers, betting on the Super Bowl coin toss is about as good as the odds can get. But for Jim McIngvale,…

Chickens, many of them destined for the spit, have vastly outnumbered humans in Nebraska’s Butler County since Costco spent half a billion dollars on poultry production in the state a few years ago. Now that a highly contagious virus called avian flu has infected flocks in the area, neighboring farmers are realizing they may have…