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Fed’s Powell Scrutinized for Owning Bonds of the Same Type the Central Bank Bought During Pandemic
21.9.2021
As a number of Federal Reserve presidents have been criticized for their 2020 stock moves, Fed chairman Jerome Powell has been cast into the limelight for owning $1.5 million municipal bonds like the ones the U.S. central bank purchased in 2020 during the pandemic. All Eyes Are On Jerome...
Bitcoin & Crypto Drop Alongside Stocks On China's Evergrande Spillover Risks
20.9.2021
uld have. As China’s second-largest property developer, China Evergrande holds more than USD 300bn of debt, placing the company as “the world’s most indebted property developer,”
After Fed Members Disclose Million-Dollar Stock Trades Fed’s Powell Initiates Ethics Inquiry
17.9.2021
The Federal Reserve chairman Jerome Powell has directed his staff to start an ethics inquiry into the financial activities of Fed members, as a number of senior central bank officials are being questioned for their investments. Reports indicated last week that the president of the Dallas Federal...
Walmart and Litecoin Payment News Debunked by Walmart Spokesperson, LTC Prices Shudder from Fake News
13.9.2021
On Monday, September 13, a press release was published by globenewswire.com and said it was connected to “Walmart Inc,” the American multinational retail corporation. Several mainstream media outlets published stories about it including Reuters, Bloomberg, and CNBC. Not too long after...
Shaq Says He Won’t Invest In Crypto Until He Understands It
13.9.2021
shaquille-oneal-hasnt-invested-in-crypto.html">told CNBC. “So I will probably stay away from it until I get a full understanding of what it is.”The former Los Angeles Lakers player recognizes that numerous athletes have entered into partnerships with crypto-focused businesses or invested
Litecoin Pumps and Dumps on Fake Walmart News
13.9.2021
news outlets such as CNBC, Reuters, and Bloomberg which originally reported it as a real story. In a later correction, CNBC wrote that a Walma
Report Says Western Union Could Lose $400M if El Salvador’s Chivo Bitcoin Wallet Gains Traction, Tim Berners-Lee Weighs In
10.9.2021
The Republic of El Salvador has made many headlines this week as the country adopted bitcoin as legal tender on Tuesday and became the first-known nation-state to purchase the leading crypto asset. A recent report details that remittance providers like Moneygram and Western Union could lose up...
Cardano’s Charles Hoskinson Expects Cryptocurrencies to Play Larger Role in Afghanistan
3.9.2021
The founder of Cardano and co-founder of Ethereum, Charles Hoskinson, says that he expects cryptocurrencies to “play a larger role” in Afghanistan amid war with the Taliban forces. Charles Hoskinson Sees Cryptocurrencies Playing Larger Role in Afghanistan Charles Hoskinson,...
Dogecoin Millionaire Says He’s Going ‘All in’ on Cardano — Bullish on Both DOGE and ADA
29.8.2021
The dogecoin millionaire who invested all his savings in the meme cryptocurrency early this year says he is now going “all in” on cardano, calling it the “next best bet.” He is bullish on both cryptocurrencies. Dogecoin Millionaire Thinks Cardano Is the ‘Next Best...
Jim Cramer: Coinbase stock is cheap, put 5% of your portfolio in crypto
27.8.2021
Jim Cramer, the host of CNBC’s Mad Money thinks Coinbase is the “natural repository of crypto” and has recommended buying the stock
Mad Money’s Jim Cramer Recommends Putting up to 5% of Portfolios in Crypto
26.8.2021
The host of CNBC’s “Mad Money” show, Jim Cramer, has recommended putting up to 5% of portfolios in cryptocurrency. Stating that he owns ethereum directly, Cramer affirmed that he is a believer in crypto. Jim Cramer’s Crypto Allocation Advice Mad Money host Jim Cramer...
Barrick Gold CEO Says ‘No One Believes in Fiat Currencies Anymore’
10.8.2021
The South African businessman and CEO at Barrick Gold Corporation, Mark Bristow, recently explained in an interview that “no one believes in fiat currencies anymore.” Bristow says the world is currently “battling” on how to “position investments on the back of...
JPMorgan Quietly Offers 6 Crypto Investments Despite CEO Jamie Dimon’s Anti-Bitcoin Stance
6.8.2021
Global investment bank JPMorgan is now offering six cryptocurrency investment funds to clients despite its CEO, Jamie Dimon, continually advising against investing in bitcoin and other cryptocurrencies. JPMorgan Chase has quietly begun giving its wealth management clients access to...
Shark Tank’s Kevin O’Leary Won’t Invest in Dogecoin, Says ‘I Don’t Understand Why Anybody Would’
1.8.2021
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he does not consider dogecoin an investment. “I don’t participate in that kind of thing. I don’t understand why anybody would,” he said. Kevin O’Leary Won’t Invest in Dogecoin Shark Tank star Kevin...
Analyst Jim Cramer Calls Ethereum the ‘Pied Piper of Crypto’ but Won’t Add to His Position
26.7.2021
CNBC’s stock analyst and crypto investor Jim Cramer says he’s still bullish on his choice to invest in ethereum after removing bitcoin from his portfolio. Three days ago, Cramer tweeted that he’s “sticking with” his ethereum position “but not adding to it.”...
World’s Largest Asset Manager Blackrock Sees ‘Very Little’ Demand for Cryptocurrencies
15.7.2021
The world’s largest asset manager with $9.5 trillion under management, Blackrock, sees “very little” demand for cryptocurrencies, including bitcoin, according to CEO Larry Fink. Blackrock’s CEO Talks About Crypto Demand Larry Fink, the CEO of Blackrock, the world’s...
Equity Strategists, Portfolio Managers Share Bitcoin Price Predictions: Survey
6.7.2021
Equity strategists and portfolio managers were asked about what the price of bitcoin will be by the year-end. Almost half of the surveyed participants say the price of the cryptocurrency will fall below the $30K level but some believe it will rise to $60K. Year-End Bitcoin Price Expectations...
44% of investors expect Bitcoin to drop below $30K in 2021: CNBC survey
2.7.2021
CNBC surveyed a set of equity strategists and portfolio managers to understand investor sentiment on Bitcoin price
Mad Money’s Jim Cramer Moves From Bitcoin to Ethereum — Says ‘It’s More of a Currency’
29.6.2021
The host of the “Mad Money” show, Jim Cramer, has bought ether after dumping almost all of his bitcoin. “I like ethereum because people actually use it much more to be able to buy things,” he said, emphasizing that “It’s more of a currency.” Jim Cramer...
Former NYSE President Says for Bitcoin to Exceed Gold It Needs to Be Accepted More as Currency
24.6.2021
On June 24, the CEO of Far Peak Acquisition Corp. and former New York Stock Exchange (NYSE) president, Thomas Farley discussed the future of bitcoin and gold on the CNBC broadcast Squawk Box. Farley is optimistic about the leading crypto asset but he doesn’t believe it will surpass...