Crypto billionaire Brock PierceAP Brock Pierce, a self-made billionaire, is one of the world’s biggest cryptocurrency advocates. Pierce is an unabashed bitcoin bull, but he still says bitcoin “maxis” are making a mistake. He shared three of his favorite investments besides the world’s largest digital token. Unlike most self-made entrepreneurs, Brock Pierce was famous before… Continue reading Self-made crypto billionaire Brock Pierce shares 3 of his favorite investment alternatives to the world’s top token — and explains why bitcoin ‘maximalists’ are mistaken
Metaverses with top in-house rules will be the most successful ones as people look for where to live their best virtual lives, a crypto boss says
Thinkhubstudio/Getty Metaverse companies that set solid codes of conduct will likely attract the most users, CoinFlip’s CEO said. Ben Weiss said any new regulations for crypto are unlikely to hold back the growth of the metaverse. Tax regulations and other rules that apply in the real world will also apply in virtual worlds, Weiss told… Continue reading Metaverses with top in-house rules will be the most successful ones as people look for where to live their best virtual lives, a crypto boss says
Here’s why the unrest in Kazakhstan is wreaking havoc on crypto and commodity markets
Bitcoin and the flag of KazakhstanJakub Porzycki/NurPhoto via Getty Images Kazakhstan shut down its internet nationwide after political unrest sparked by rising gas prices. Among the sectors affected by the outage was bitcoin mining, which has taken off in the Central Asian nation. Other commodities such as uranium and oil also were impacted, with both… Continue reading Here’s why the unrest in Kazakhstan is wreaking havoc on crypto and commodity markets
Here’s how bitcoin stacks up to gold as a store of value based on 8 key factors, according to JPMorgan
Bitcoin slumped Wednesday and into Thursday.Jirapong Manustrong/Getty Images 13 years after its creation, bitcoin remains a debated asset class that is often compared to gold.Bitcoin is not seen as a store of value by all investors given its volatility and short history.Here’s how bitcoin compares to gold as a store of value based on 8… Continue reading Here’s how bitcoin stacks up to gold as a store of value based on 8 key factors, according to JPMorgan
‘The Big Short’ investor Michael Burry warned markets would crash, bet against Elon Musk, and slammed the GameStop saga last year. Here are his 6 highlights of 2021.
Michael Burry helped pave the way for the GameStop short squeeze, bet against Elon Musk’s Tesla and Cathie Wood’s Ark Invest, and warned of a historic market crash last year. The Scion Asset Management boss also called bitcoin a “speculative bubble,” predicted inflation would soar, and sold most of his US stocks in 2021. Burry… Continue reading ‘The Big Short’ investor Michael Burry warned markets would crash, bet against Elon Musk, and slammed the GameStop saga last year. Here are his 6 highlights of 2021.
A couple paid off their $234,000 mortgage in 5 years and are on track to be millionaires in their 30s. Here are the savings and investment strategies they use.
Brennan and Erin Schlagbaum paid off their mortgage in 5 yearsCourtesy of Brennan and Erin Schlagbaum Brennan and Erin Schlagbaum paid off their $233,700 home in five years. They also paid off $38,000 in student loans and various other debts using the debt snowball method. Thanks to smart money habits, they’re on track to hit… Continue reading A couple paid off their $234,000 mortgage in 5 years and are on track to be millionaires in their 30s. Here are the savings and investment strategies they use.
US stocks end the first week of the year lower as weak jobs report and Fed plans rattle markets
US stocks looked set to rally on Monday.Spencer Platt/Getty Images US stocks ended their first week of the year lower as investors digested the December jobs report. The US added 199,000 nonfarm payrolls last month, far lower than the 450,000 median forecast estimated by Bloomberg. The 10-year Treasury note yield rose to 1.769% from Wednesday’s… Continue reading US stocks end the first week of the year lower as weak jobs report and Fed plans rattle markets
Lumber prices are at a 7-month high and are set to stay elevated on the back of 3 key trends, an expert says
Lumber prices plummeted in June.Carolyn Cole/Getty Images Lumber prices are rallying again, scaling toward their highest level in seven months. Joe Sanderson, CEO of Domain Timber Advisors, says three trends are driving the surge. He said lumber’s price will hover upwards of $1,000 per thousand board feet through the second quarter. Sign up here for… Continue reading Lumber prices are at a 7-month high and are set to stay elevated on the back of 3 key trends, an expert says
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