Text size Justin Sullivan / Getty Images By most measurements, Nvidia showed he had a good year when he reported the results Wednesday night. But with semiconductor companies benefiting from an increase …
Read More »Coinbase IPO: 5 Things You Need to Know About the US Cryptocurrency Exchange
A long-awaited public offering from Coinbase Global Inc. comes almost after the cryptocurrency trading platform filed paperwork with the Securities and Exchange Commission on Thursday. Coinbase currency, + 3.70% plans to list …
Read More »Cayman Islands and Morocco included in the terrorist financing watch list
Four jurisdictions, including the Cayman Islands and Morocco, will undergo further monitoring as they face pressure from a global watchdog to address shortcomings in their anti-money laundering efforts. The Financial Action Task …
Read More »Nvidia shares plummet after earnings. Bitcoin is partly to blame.
Text size Justin Sullivan / Getty Images By most measurements, Nvidia showed he had a good year when he reported the results Wednesday night. But with semiconductor companies benefiting from an increase …
Read More »Bitcoin may weigh in on tech stocks again. Investors must be careful.
“Blame it on Bitcoin” may be a new catchphrase if the tech sector continues to sink. Semiconductor manufacturer Nvidia (ticker: NVDA) was down 8.1%, to $ 532.94, in recent trading amid a …
Read More »Do you need to report bitcoin transactions on your taxes? Here are 5 things to know first
Treasury Secretary Janet Yellen is not very good at bitcoin, a point she recently reiterated when she called the digital currency speculative and “inefficient.” That doesn’t mean that Yellen and the department …
Read More »Stock futures mark lower ahead of new Powell testimony
US equity futures fell as investors waited for further comment from Jerome Powell, a day after the Federal Reserve chairman’s comments calmed volatile markets. Futures linked to the S&P 500 were down …
Read More »Bitcoin and Ether Prices Fall After Hitting All-Time Highs
This year’s furious crypto rally lost steam on Tuesday, knocking prices of bitcoin and ether down from recent highs, along with declines in other risky assets, including tech stocks. Bitcoin fell 13% …
Read More »Square buys more bitcoins as Cash app users increase revenue
This story has been updated to correct the number of Cash app users who bought or sold bitcoins during 2020. Square Inc. doubled its stake in bitcoin with a $ 170 million …
Read More »The Bitcoin bubble could be bursting. It’s a headwind for some high-flying action.
Text size Bitcoin has dropped 10% in 24 hours. Dream time A bear market may be forming in Bitcoin, which could contribute to the sell off of some high-yielding stocks, if not …
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