There may be no escape from the bond market turmoil — even for stock investors. Market researcher Jim Bianco warns critical Federal Reserve policies to control wild inflation will inflict widespread losses on Wall Street. “Eventually, this is going to come back and hurt all financial assets,” the Bianco Research president told CNBC “Fast Money” […]
MIAMI — Strike CEO Jack Mallers unveiled a litany of high-powered partnerships for Bitcoin’s Lightning Network at the Bitcoin 2022 conference in Miami on Thursday – including an integration with ecommerce giant Shopify. “You’re gonna be able to walk into” millions of American storefronts that plug into the payments stalwarts and pay across the Lightning […]
Meta has drawn up plans to introduce virtual coins, tokens, and lending services to its apps, as Facebook’s parent company pursues its finance ambitions despite the collapse of a project to launch a cryptocurrency. The company, led by chief executive Mark Zuckerberg, is seeking alternative revenue streams and new features that can attract and retain […]
LONDON — European markets closed lower on Wednesday against a backdrop of hawkish comments from U.S. Federal Reserve officials and further sanctions against Russia. The pan-European Stoxx 600 provisionally ended down 1.6%, with almost all sectors and major bourses sliding into negative territory. Travel and leisure stocks led the losses, down 3.9% for the session, […]
The markets could crumble under the weight of a series of rate hikes and nagging inflation well before the year ends, warns a top strategist. “I do expect a market correction later on this year related to numbers [earnings],” said 22V Research founder Dennis DeBusschere on Yahoo Finance Live. “For now this is something not […]
As the April 18 tax deadline approaches, most cryptocurrency investors still aren’t prepared to file, according to a survey from CoinTracker, a crypto portfolio tracking and tax software company. As of March 27, some 96% of digital currency investors hadn’t submitted their returns, the findings show, and 75% aren’t ready to. One of the issues […]
The Tennessee Titans will be the first NFL team to accept bitcoin as payment via third-party conversion service. Initially, this functionality will only extend to large and recurring payments or services. The Titans hope to extend bitcoin payments to single-tickets, merchandise and at-game food and beverage purchases. The Tennessee Titans today announced they are now […]
Stocks fell on Tuesday as Federal Reserve Governor Lael Brainard indicated the central bank could take a more aggressive approach to its tightening policy. The Nasdaq Composite led Tuesday’s declines, shedding 2.26% to 14,204.17 and giving up its 1.9% pop in the prior session. The Dow Jones Industrial Average lost 280.7 points, or 0.8%, closing […]
Hydra Market, which was considered to be the world’s largest and oldest darknet marketplace of illegal items and services, was seized and shut down by German authorities in coordination with U.S. law enforcement Tuesday, the U.S. Department of Justice said. The DOJ also charged one of Hydra Market’s alleged operators with conspiracy to distribute narcotics and conspiracy […]
There’s a new and low-cost way to quickly send U.S. digital dollars around the world without a bank. And it’s built on bitcoin. Blockchain start-up Lightning Labs announced Tuesday that it’s launching the Taro protocol, a technology that will route fiat-pegged stablecoins and other digital assets through the bitcoin monetary network. The project is still […]
Investors await as the world’s most-used blockchain nears a massive upgrade that will change its infrastructure and make it more green. One of them is billionaire and noted crypto supporter Mark Cuban. In what’s called the “merge,” Ethereum plans to shift from a proof-of-work model to proof of stake. Though the timeline isn’t confirmed yet, developers predict that the merge will happen […]
U.S. stocks gained on Monday as investors monitored the potential for more sanctions against Russia amid ongoing concerns over inflation and global economic growth. The S&P 500 rose, and the Nasdaq Composite gained more than 1% as technology shares outperformed. Shares of Twitter (TWTR) soared by more than 20% after Tesla (TSLA) CEO Elon Musk […]
