The stock market is showing signs of a potential bubble, at least according to Michael Hartnett, the chief investment strategist at Bank of America. In a recent interview with Bloomberg, Hartnett highlighted the soaring prices … Read more
Recently, CoinDesk has uncovered a shocking revelation regarding the U.S. Congress. It turns out that more than one in three of the 535 senators and representatives in Congress have connections to the fraud-ridden crypto giant, … Read more
The New York State Department of Financial Services alleges that Robinhood violated anti-money-laundering and cybersecurity regulations Robinhood first publicly disclosed the investigation and settlement with the NYDFS a year ago in the paperwork filed with … Read more
Tesla TSLA +3.64% has been buffeted by concerns over Elon Musk’s battle with Twitter, its high valuation, China’s Covid lockdowns, and the market’s recent disdain for high valuation growth stocks. Now, investors can add bitcoin to that list of woe. Barclay’s Brian Johnson said recently that Tesla’s (ticker: TSLA) … Read more
People in Russia will soon no longer be allowed to use digital assets as a form of payment. Russian President Vladimir Putin has signed a bill into law prohibiting the use of digital assets, such as cryptocurrency … Read more
Federal Reserve Vice Chair Lael Brainard became the latest official to speak out on crypto, saying Friday that regulation is needed or the industry could become a wider danger. “Innovation has the potential to make … Read more
Key Points: Over the weekend, bitcoin had fallen as low as $17,601.58. The cryptocurrency market has been hit by a number of factors, ranging from the collapse of stablecoin terraUSD to questions of solvency at … Read more
I’ve said it before and will say it again – cryptocurrencies are not a safe investment. I know it is not a popular opinion; people have had success with trading. The problems with cryptocurrencies: (1) … Read more
For all those claiming that stocks had priced in 3 (or more) 50bps (or more) rate hikes, we have some bad news. All hell is breaking loose on Monday, with futures tumbling (again) into bear market … Read more
Explosive growth across the decentralized finance sector has culminated in a 50% decline in Total Value Locked. However, the industry still holds tremendous mainstream appeal for those looking to put idle crypto-assets to work. A … Read more
