Bitcoin’s past performance suggests the asset class is less like gold and more like stocks.In prior stock market corrections, bitcoin plummeted while gold served as an effective hedge.”The correlation between bitcoin and high-growth benchmark ARKK still stands at ~60% year-to-date,” Fairlead’s Katie Stockton said in a Friday note.Sign up here for our daily newsletter, 10… Continue reading Here are 2 charts that explain why the stock market meltdown and bitcoin’s slump are correlated — and that crypto is not a safe-haven asset like gold
WallStreetBets users plan to publish a book of memes documenting the GameStop saga — and it already has $24,000 in backing on Kickstarter
WallStreetBets.REUTERS/Dado Ruvic/Illustration/File Photo WallStreetBets users plan to launch a meme book that documents last year’s GameStop short squeeze. The goal of the project is to “capture the moments in time when GameStop was all anyone was thinking about.” The project has raised $24,000 on Kickstarter, surpassing its funding goal of $20,000. Sign up here for our daily… Continue reading WallStreetBets users plan to publish a book of memes documenting the GameStop saga — and it already has $24,000 in backing on Kickstarter
Play-to-earn crypto games have exploded onto the scene and are shaking up gaming business models. Here’s how they work, and where the value comes from for investors.
Axie Infinity media kit Value for play-to-earn crypto games comes from a variety of sources, not just one thing. A game’s popularity and demand for its underlying crypto token are all part of the equation, along with transaction fees. Such a business model relies on a constant new flow of players entering the ecosystem and… Continue reading Play-to-earn crypto games have exploded onto the scene and are shaking up gaming business models. Here’s how they work, and where the value comes from for investors.
Investors trying to navigate tech volatility should focus on the ‘ABCs’: AI, big data, and cybersecurity, says UBS
Tech volatility should prompt investors to focus on the ABCs of the sector – AI, big data and cybersecurity stocks, says UBS. Those themes within tech offer high-potential, long-term growth, said the global wealth manager. The Nasdaq Composite has dropped into a correction, down more than 10% from its all-time high. Investors should adopt a… Continue reading Investors trying to navigate tech volatility should focus on the ‘ABCs’: AI, big data, and cybersecurity, says UBS
Stock Market Today: Nasdaq Sinks Again, Ends Worst Week Since 2020 | Kiplinger
Stock Market Today A negative earnings reaction for Netflix (NFLX) and options expiration sparked a volatile session for stocks.Stocks ended the holiday-shortened week (markets were closed Monday for Martin Luther King Jr. Day) how they started it – deep in the red. And, as with Tuesday’s trading, the bearish catalyst today was corporate earnings; specifically,… Continue reading Stock Market Today: Nasdaq Sinks Again, Ends Worst Week Since 2020 | Kiplinger
22 Best Retirement Stocks for an Income-Rich 2022 | Kiplinger
Retirees, lacking a paycheck from a job, must find a different way to generate sufficient income to make ends meet while also ensuring they do not outlast their income stream. Thus, the best retirement stocks to buy in 2022 to meet those goals are ones that pay dividends. Regular dividends can provide peace of mind… Continue reading 22 Best Retirement Stocks for an Income-Rich 2022 | Kiplinger
Investors trying to navigate tech volatility should focus on the ‘ABCs’ – AI, big data, and cybersecurity, says UBS
Morsa Images/Getty Images Tech volatility should prompt investors to focus on the ABCs of the sector – AI, big data and cybersecurity stocks, says UBS. Those themes within tech offer high-potential, long-term growth, said the global wealth manager. The Nasdaq Composite has dropped into a correction, down more than 10% from its all-time high. Investors… Continue reading Investors trying to navigate tech volatility should focus on the ‘ABCs’ – AI, big data, and cybersecurity, says UBS
Here’s why experts say the crypto market will be just fine despite a possible Russian ban on everything from mining to trading
When the central bank of Russia proposed a sweeping ban Thursday on crypto activity, digital assets barely skipped a beat. Bitcoin even rose around 5% at one point during New York trading hours. “There are bigger concerns right now in crypto right now,” Chris Vecchio of DailyFX told Insider. Sign up here for our daily… Continue reading Here’s why experts say the crypto market will be just fine despite a possible Russian ban on everything from mining to trading