Search Results for "stocks"
Silvergate Bank Suspends Dividend Payments to Preserve Liquidity
Silvergate's board "shall re-evaluate the payment of quarterly dividends as market circumstances change."
SPAC CFO Sentenced to Prison for Embezzling $5M
Cooper Morgenthau, former CFO of African Gold Acquisition Corporation, was sentenced to three years in prison for embezzling $5 million from three different SPACs. Morgenthau used the embezzled funds to trade cryptocurrencies and meme stocks, losing almost all of the money. He then provided falsified documents to the company’s accountants and raised $4.7 million from private investors based on fraudulent claims. Morgenthau has been ordered to forfeit $5.1 million and pay restitution of the same amount.
Jul 24 Trading Analysis: What Bloodbath?
Despite stonk's bloodbath, BTC managed to close higher on the day with some short squeeze liquidation through $9600 level. I am actually surprised that we are still trading at current levels, would only be a matter of time that we see us retracing back some of its gains, which was why I said yesterday, we need to continue to monitor the momentum of capital into BTC.
Most Americans Plan to Use $1,400 Stimulus Checks to Invest in Bitcoin and Stocks - Mizuho Survey
Mizuho has released a new survey showing that with the third round of $1,400 stimulus payments already hitting Americans’ bank accounts, most recipients are planning to use their stimulus checks to buy Bitcoin and stocks. Interestingly, the survey found that Bitcoin was a more popular choice among stimulus recipients than stocks.
Ethereum Has Vastly Outperformed Tech Stocks With a Staggering 171% ROI
Ethereum's price drop hasn’t dampened its spirits to offer an impressive return on investment (ROI) so far this year compared to tech stocks like Microsoft, Facebook, and Apple.
Positive Gold Forecast Could Ignite Bitcoin Bull Run, US Stock Futures Rally on Stimulus Hopes
Gold has been trading sideways in the past few weeks, but according to this CEO, the price action is forming a bottom. Holmes predicts that gold will reach $4K.
Bitcoin Price Sets 12-Day High as US Stock Futures Sees Bounce-Back Session
Bitcoin has currently surged above the $10,700 level, reaching its highest price level in 12 days.
Wall Street Veteran Urges Investors to Add Cryptocurrencies to Their Investment Portfolios
Veteran George Ball, a renowned Wall Street Veteran, has said that the addition of crypto to investment portfolios are attractive because they increase returns.
Fidelity Report: Reflexivity and Investor Sentiment are Main Factors Influencing Bitcoin Price
Fidelity Digital Assets just released a report on Bitcoin's role as an alternative investment indicating almost no correlation with traditional markets. So what drives BTC's price?
Congress May Restrict Stock Trading In The Next Session
The 118th Congress may prevent members from investing in stocks or cryptocurrency. 77 politicians violated disclosure obligations after the 2012 STOCK Act. Many see a conflict of interest in elected officials trading and holding assets. In 2022, Congress and Fed officials breached crypto trading and holding restrictions. These infractions included delayed reporting of legal transactions, yet members were allowed to influence legislation with their investments. Last year's crypto issues included U.S. legislators and business executives' financial relationships.
Bitcoin Price Breaks $11K Again, but Can’t Maintain Bullish Momentum
Over the weekend, Bitcoin broke past the $11,000K mark once again but has fallen back to record an approximate price of $10,900 since then.
Mining Valuations in Focus: Bitdeer and Sphere 3D Lead November's Stock Insights
The November valuation analysis of Bitcoin mining stocks reveals significant disparities, with Bitdeer undervalued and Marathon overvalued, while Sphere 3D offers a bargain despite limited growth prospects.