Financial Industry News
Bitcoin (BTC) has been caught within a bout of turbulent price action over the past several days and weeks, which is elucidated while looking at the wide trading range between $8,300 and $9,200 that it has been trading within for the past week. Although the sharp rejection at $9,200 last week did do some damage […]
Continue ReadingThe year 2019, for a short while, raised expectations that stablecoins would bring about mass adoption of cryptocurrencies. 2020, however, seems to be dousing those hopes with ever-tightening regulation that is putting pressure on investors and companies alike. The first complication came only 10 days into the year. In early January, the European Union’s landmark […]
Continue ReadingBoeing (NYSE: BA) stock rallied sharply off its daily lows on Friday as the FAA cited a more optimistic timetable for the 737 MAX’s return. Surprising investors, this change of tone comes after a tumultuous week where even President Trump attacked the company. Despite the good news, the consumer and not the government will decide […]
Continue ReadingOver the past few weeks, a virus in the coronavirus family (same family as the common cold, SARS, MERS, etc.) has started to circulate the globe. This novel coronavirus (2019-nCoV) originated in China, specifically in the Chinese city of Wuhan and seemingly due to infected animals being sold at a local market. The virus has […]
Continue ReadingBitcoin Twitter commentator PlanB has claimed that BTC is the only asset that has a Sharpe ratio of greater than 1. The Sharpe ratio describes the increased rate of return received for the extra volatility sustained when holding a riskier type of asset. Risk vs. Reward To understand the Sharpe ratio, one must take into […]
Continue ReadingHideo Kojima sat down recently for an interview with Famitsu. He said he wants to work on smaller games. That might be the perfect medium for a storyteller like him. A recent interview with Famitsu reveals that, fresh off the release of Death Stranding, Hideo Kojima and Yoji Shinkawa are already preparing for a wide […]
Continue ReadingThe crypto industry was surprised to hear reports that Ripple CEO Brad Garlinghouse is considering taking the fintech company public in the near future, with many analysts speculating as to how this couple impact XRP. The news regarding their intent to eventually conduct an Initial Public Offering (IPO) isn’t too shocking while considering their recent […]
Continue ReadingThe biggest topic in the mobile industry over the last few years has been 5G. In an industry that has been starved for innovation in this interregnum between the launch of the iPhone and the full-scale integration of next-generation technologies like augmented reality, artificial intelligence and blockchain, the introduction of the 5G network has become […]
Continue ReadingThere are plenty of conventional reasons right now to be long Netflix in 2020. Subscriber growth. Content. Binge time. But there are some stranger things boosting Netflix stock this year: The Wuhan coronavirus, global warming, and Tesla. Netflix (NASDAQ:NFLX) stock is hot again after beating Wall Street expectations for subscriber growth in the fourth quarter. […]
Continue ReadingA 1% donation of the block reward to fund Litecoin (LTC) development – this is what Charlie Lee, the coin’s founder, proposes as a solution to underfunded initiatives. Litecoin Miners May Afford to Support Development with 1% Fee Litecoin miners, which also take rewards for Dogecoin and other Scrypt-based algorithms, can afford to share some […]
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