Finance

Recent developments have been boosting the profile of bitcoin and other cryptocurrencies, which are unregulated and highly volatile. Futures began trading this month, believed to be a way to draw professional investors and oversight. An ETF product would add further legitimacy. “It’s very hard for us, as currency analysts, to follow this,” said Thin, who
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He’s taken on President Donald Trump and the Federal Reserve. Now, libertarian former congressman Ron Paul is taking on bitcoin. According to Paul, cryptocurrencies have become an asset that rivals the bubble he sees in stocks. “I think it’s going to continue to do exactly what it’s doing. It’s going higher and it’s going lower,”
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Likewise, Twitter said in September that it had suspended close to 300,000 accounts for promoting extremism in the first half of 2017, of which 95 percent were flagged by its automated system. Despite these moves, experts say both social media firms and authorities need to step up their efforts, including ensuring greater collaboration and regulation.
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With just two weeks to go before the new year begins, many fund managers around the world seem to agree on one thing: The rally in Asian stocks will continue into 2018. Strength in the equity market, they said, will be supported by regional economies growing strongly and solid company fundamentals that will drive earnings
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TD Ameritrade is planning to offer clients access to Cboe’s bitcoin futures contract on Monday. The company is one of the top three retail brokerages, according to capital markets research and consulting firm Tabb. In order to be eligible to trade the futures, clients must have a minimum balance of $25,000, according to the brokerage.
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Investors are scrambling to determine which companies will benefit most from President Donald Trump‘s policy initiatives, including the current Republican plan for tax cuts. JPMorgan’s top analysts weighed in on the discussion, with Dubravko Lakos-Bujas – the bank’s head of U.S. equity strategy – telling clients that corporate tax cuts spell a “goldilocks” scenario for
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The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Twitter. Karen Finerman was a buyer of Golar LNG. Brian Kelly was a buyer of iShares Russell 2000 ETF. Dan Nathan was a seller of Goldman Sachs. Trader disclosure: On December 14, 2017, the following stocks and
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The leading U.S. platform for buying and selling major cryptocurrencies will likely go public in the future, its new president said. “The most obvious path for Coinbase is for us to go public at some point,” Asiff Hirji, the company’s president and COO, said Thursday on CNBC’s “Fast Money” in his first televised interview since
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Despite a host of challenges facing consumer staples, Coca-Cola, Pepsi and Dr Pepper Snapple Group all buying opportunities, according to Deutsche Bank. With analysts across Wall Street cautious on the space due to new competition and pricing pressure, analyst Steve Powers argues that traditional beverages companies are up to the task. “The door has opened
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Ken Cheung, senior Asian forex strategist at Mizuho Bank Ltd in Hong Kong, also said the rise was surprising, and characterised the five basis point magnitude as “mild”. “This suggests that the PBOC’s intention to balance the risk of over-tightening amid the deleveraging process,” Cheung wrote in a note. Benchmark one-year lending and deposit rates
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