Markets

Investors should ignore the flood of bearish stock market calls and prepare for a risk-on rally, JPMorgan says.The bank said it doesn’t expect rising geopolitical tensions between Russia and Ukraine to last, and said inflation could be about to peak.”We believe on should look through the widespread ‘slowdown’ calls that are currently in vogue, and… Continue reading Investors should ignore dire stock market predictions and prepare for a risk-on rally this spring, JPMorgan says

OpenSea has confirmed an estimated $1.7 million worth of NFTs were stolen in a hack on Saturday. The phishing attack exploited the smart-contract code used in NFTs, the platform believes. Crypto-related hacks are on the rise, with the $320 million solana wormhole attack an example. Loading Something is loading. Leading NFT marketplace OpenSea has confirmed… Continue reading OpenSea confirms hackers made $1.7 million on NFTs stolen in a phishing attack at the weekend

Global stocks slid Monday after Russia claimed to have killed 5 Ukrainian troops who crossed into its territory. Ukraine rejected Russia’s claims, saying none of its soldiers had been killed and there was no incursion. Nasdaq futures traded 1.15% lower at one point, with US stock markets closed for Presidents Day. Loading Something is loading.… Continue reading Global stocks slide after Russia claims to have killed 5 Ukrainian soldiers on its soil

Vitalik Buterin called Canada’s move to freeze protesting truckers’ bank accounts “dangerous.” Decentralized technology helps people retain access to their money, Buterin said. Fans raised nearly $1 million in bitcoin donations, but Canada blacklisted some of the addresses. Loading Something is loading. Ethereum cofounder Vitalik Buterin criticized Canada’s invocation of its emergency act to prevent… Continue reading Ethereum cofounder Vitalik Buterin slams Canada’s efforts to block protesting truckers from accessing their bank accounts and crypto funds

Sam Bankman-Fried recently called on the US to provide cryptocurrency oversight rather than staying on the sidelines. And even if regulations hit legislative snags, it would still help to lay out a road map and expand crypto education, he said. Two experts shared their perspectives for what’s to come for digital asset regulations. Loading Something… Continue reading FTX’s Sam Bankman-Fried called for firmer regulation of crypto in a new interview. 2 experts shared their predictions for what’s to come in 2022.

Jeremy Grantham’s GMO reduced its mega-cap tech holdings last quarter, according to its 13F filing.The trades came as Grantham sounded the alarm about an imminent crash in the stock market.These were the seven big trades by Grantham’s GMO asset management firm last quarter. Loading Something is loading. As Jeremy Grantham continues to warn about the… Continue reading GMO trimmed mega-cap tech stocks last quarter as Jeremy Grantham sounded the alarm over a coming market crash. These were the 7 biggest trades.

El Salvador’s Nayib Bukele is a president for the meme-investing era. He has bought the dip on bitcoin, tweeted about “stonks,” and trolled “boomer” lawmakers. At 40 years old, Bukele is also a Millennial — the cohort thought to be behind the meme-stock mania last year. Loading Something is loading. If Elon Musk has become… Continue reading El Salvador’s Nayib Bukele is a president for the meme-stock generation — he’s obsessed with stonks, silly numbers, bitcoin, and the ‘dip’

A 60% majority of social media influencers see themselves as participating in the metaverse as creators, said Izea. And 49% of influencers would prefer to be paid in bitcoin for their work in the metaverse, according to the marketing platform’s online survey.  But only 21% are already making money in the virtual online world.  Loading… Continue reading More than half of social media influencers are looking to cash in on the metaverse – and want bitcoin as payment for their work