Crypto
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Bank insider action tells us the battered financial sector is a buy: These 4 regional bank stocks are tempting those in the know.
Banking company insiders are sending stock investors a message now: Calm down and buy shares of regional banks, because they are not likely to lose all their business to “safer” megabanks. We know this because community bank insiders are aggressively buying their companies’ shares in the banking sector’s sell-off following the collapse of Credit Suisse…
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Biden’s first veto holds. Ruling impacts your 401(k) and the U.S.’s climate-change fight.
President Joe Biden vetoed an attempt to limit how much retirement-fund managers, including for 401(k)s and pensions, consider climate change, corporate board diversity and other factors when picking the stocks and funds that many workers will rely on for retirement savings. Republicans on Thursday failed to mount the necessary two-thirds votes needed in the House…
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Former crypto CEO Do Kwon reported arrested in Montenegro says country’s Minister of Interior
Do Kwon, the former CEO of Terraform Labs, which issued a crashed stablecoin, has allegedly been arrested in Montenegro, according to the country’s Minister of Interior, Filip Adzec, who tweeted about it on Thursday morning. “The former “cryptocurrency king”, who is behind losses of more than 40 billion dollars, was detained at the Podgorica airport…
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Cathie Wood’s internet fund make its first Microsoft purchase
Cathie Wood on Monday bought a stock she doesn’t trade very much — Microsoft MSFT, +0.17%. The ARK Next Generation Internet ETF ARKW, +5.36% bought $11 million worth of Microsoft, selling the equivalent dollar amount of Endeavor Group EDR, +2.61%, the talent agency. That’s the first purchase in that fund of Microsoft, according to the…
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Bitcoin at ‘redemption arc’ as banking pressures rise, says AllianceBernstein
[]Cryptocurrencies are experiencing a “redemption arc,” as bitcoin rallies and investors keep a close eye on pressures in the U.S. banking system, according to analysts at AllianceBernstein. []Bitcoin BTCUSD, -0.63% tumbled harder than other major assets last year, but has rebounded sharply this year. []The recent turmoil in the banking sector, from the collapses of…
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Look for These Three Things When Picking Dividend Stocks
Shah Gilani Mar 10, 2023 We’re seeing a lot of the same action that we saw in 2022 this week, with markets seesawing back and forth in response to battling narratives and big headline news. A triple-whammy of strong jobs reports, crises in the crypto world, and a massive bank stock selloff are taking markets…
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Here’s the Best Bet on the Future of Crypto and the Blockchain
Shah Gilani Mar 09, 2023 Anyone who is a crypto enthusiast – any winning investor in the space (and there are fewer of them every day), all the losers in the crypto game, and anybody who knows anything about cryptocurrencies – knows the come-on under the hype is that blockchain, the heart of all cryptos,…
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Let’s Use My AI To Boost Your Profits
Dear Reader. Times are changing and it’s hard to keep up, but technology is something that I’ve found will work for me, not against me – if I’ll just let it. Back in the 60’s there was a wave of companies adding “tron” to the end of their name to keep up with the times.…
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Conviction and the “New Bull Market”
Dear Reader, I’m not a person who beats his chest very often. I’ve seen some smart or lucky (or both) people beat their chests and fly too close to the sun. Three weeks ago, Cathie Wood said that her ARK Innovation Fund (ARKK) was the New Nasdaq. Remember this headline? This headline appeared on Bloomberg.com…