Microstrategy Has Outperformed 97 Of S P 500 Stocks Since Adopting Btc Strategy In 2020

Indeed, the stock’s performance was shared by Senior exchange-traded fund (ETF) analyst Eric Balchunas in a tweet on August 8, noting that the company has ‘easily’ trounced small and large companies, including Bitcoin itself. In particular, the MSTR has recorded returns of 158.65% over 728 days. Compared to the Russell 2000 Index, which comprises the smallest 2,000 companies, MicroStrategy has registered returns of 25.17%, while S&P 500 is trailing MSTR at 27....

December 15, 2022 · 2 min · 314 words · Scott Rushing

Millennials In India Flock To Crypto Trading Instead Of Investing In Stocks

Most young people, mainly from India’s smaller cities, are investing in cryptocurrencies like Bitcoin, Ethereum, Solana, and Cardano, the Economic Times reports citing data provided by Indian crypto trading app CoinSwitch Kuber. The figures indicate that among its 11 million users, between 25-55% of the young users are outside cities like New Delhi or Mumbai. According to the trading platform’s chief business officer Sharan Nair, millennials consider cryptocurrencies to stocks mainly since they grew up on the internet....

December 15, 2022 · 2 min · 297 words · Thomas Nickerson

Morgan Stanley Bofa Raise Dividends After The 2022 Bank Stress Test

All banks tested showed that they have the minimum required capital despite projections of possible losses amounting to $612 billion. Further, the tests put banks through hypothetical worst-case scenarios over a nine-quarter period, and they still came out on top, which shows the resiliency of the banking sector in the U.S. Hence, two U.S. banks decided to raise dividends for the benefit of their shareholders, namely Morgan Stanley (NYSE: MS) will raise its dividend by 11%, while Bank of America (NYSE: BAC) will raise its dividend by 5%....

December 15, 2022 · 2 min · 377 words · Brandy Faught

North Dakota To Become Home To Green Bitcoin Mining Company Bitzero

Indeed, the North Dakota officials have agreed that their state becomes the home of Bitzero – a 100% renewable Bitcoin mining company “driven by green power source, disruptive innovation, and technology.” The news was announced in a joint press release by Bitzero and the office of the North Dakota governor on June 1. Specifically, the deal was made between the state governor Doug Burgum, Bitzero Strategic Investor Kevin O’Leary, Bitzero CEO Akbar Shamji, and Mandan, Hidatsa and Arikara (MHA) Nation Chairman Mark Fox....

December 15, 2022 · 2 min · 322 words · Carroll Branch

Over 900 Million Solana To Be Unlocked In 24 Hours Will Sol Crash Further

It is the second-largest number of tokens to be unlocked in any Solana timeframe, and it comes at a time when the cryptocurrency market is experiencing significant volatility. In particular, Solana Compass data indicates that the Solana network Epoch 370 will unlock 50,792,762 SOL( 14.2% of Solana’s total supply). Solana epochs According to Solana Compass data, Epoch 370, the current Solana network epoch, will finish at 8.30 AM UTC on November 10....

December 15, 2022 · 2 min · 353 words · Judie Smith

Panther Protocol Raises 22M In Public Sale To Build Interoperable Privacy Layer For Defi And Web3

Through the Public Sale, the company is offering the opportunity for wider community engagement and participation in an end-to-end privacy protocol for DeFi and Web3 users. The DeFi space has seen unprecedented growth, with Panther demonstrating over $500M worth of interest. Panther is of great importance to virtually all DeFi users looking to benefit from personal financial data protection and confidential cryptocurrency transactions. Panther is currently building on Ethereum, Polygon, Flare, Songbird, NEAR, and Elrond....

December 15, 2022 · 2 min · 216 words · Joshua Perkins

Paypal Denies Pinterest Acquisition Deal Finbold

In a statement, PayPal clarified that it has no interest in pursuing Pinterest at the moment. However, in the brief statement, the company did not rule out the possibility of a future deal. Similarly, Pinterest has not provided any feedback regarding the alleged deal. Last week, reports emerged that PayPal intended to expand its brand with the Pinterest acquisition, a deal that would have potentially ushered the payment giant into the social commerce sector....

December 15, 2022 · 2 min · 250 words · Rogelio Lesinski

Professional Trader Identifies Key Levels To Watch If Bitcoin Holds Above 20K

According to crypto trading expert, Michaël van de Poppe the latest Bitcoin position looks ‘decent,’ as it grinds upwards. In a tweet on July 7, Poppe noted that Bitcoin should first hold the $20,200 level before looking at the next target will be hitting $22,500. Notably, Bitcoin has traded below the 200 Moving Average, which has formed a critical historical support level for the asset, and Poppe believes breaching the level is vital....

December 15, 2022 · 2 min · 311 words · Matthew William

Raytheon Secures 1 Billion Us Defense Contract Beating Lockheed Martin And Boeing

The task order is for the Hypersonic Attack Cruise Missile (HACM) for the US Air Force, where Raytheon would be tasked with weapon system design and development. Meanwhile, the initial delivery will depend on model-based critical design review, qualification, integration, manufacturing, and testing performance. Furthermore, the HACM uses air-breathing propulsion to reach five times the speed of sound and will be the second hypersonic missile for the US Air Force, following the Lockheed one contracted a few months ago....

December 15, 2022 · 2 min · 272 words · Francis Porter

Realty Income Beats Earnings And Raises Dividend For 98Th Consecutive Quarter

Normalized FFO per share increased by 41% to $1.02, while the net income per share was $0.34. Additionally, the company invested $1.56 billion in 213 properties and properties under development. This includes a $796.4 million investment in Europe. Growth and pipeline He continued: An additional benefit for shareholders or future shareholders is that the company decided to increase its dividend once again. The increase will be by 5.1% to $0....

December 15, 2022 · 2 min · 294 words · Jean Romero

Revolut Silently Adds Shiba Inu To Its Banking App With 15 Million Users Finbold

Indeed, the fintech company, which has more than 15 million users, looks to have implemented a function that allows users to buy Shiba Inu Coin on its trading platform. The Shiba community first became intrigued when Revolut modified their official Twitter handle’s cover picture. In the cover shot, the Shiba Inu Dog is seated in an office chair in front of a laptop. A slogan inscribed on the wall in the backdrop reads, “Never Settle....

December 15, 2022 · 2 min · 236 words · Faustina Mederos

Ripple S 2022 Outlook Crypto Is The New Normal In Finance Finbold

In particular, a constant stream of new entries into the space, with broader acceptance for crypto developments and enhanced usefulness, are expected in 2022, according to Ripple’s leadership. Managing Director of APAC & MENA, Brooks Entwistle, cites recent CBDC initiatives linked to national real-time payment systems to enhance payment rails. He says the move has opened the door for additional crypto activities in 2022 to meet the rising demand, which could lead to more growth for RippleNet’s On-Demand Liquidity (ODL) solution....

December 15, 2022 · 3 min · 492 words · James Greeley

Rivian Drops 21 As Ford Sells Stake Can Rivn Rebound After Today S Earnings

In yesterday’s trading sessions the shares lost 11% throughout the day, managing to pare back the gains the stock finished down ‘only’ 4.7%. Ford owned around 102 million shares of the electric vehicle (EV) company buying a stake before the company went public through an Initial Public Offering (IPO) in November 2021. RIVN IPO was the sixth-largest in U.S. history generating roughly $13 billion, which means that the company is well funded, despite Ford shedding a piece of its stake....

December 15, 2022 · 2 min · 251 words · Mark Stevens

Robert Kiyosaki Market Crash Has Already Happened As We Are In A Technical Depression

Speaking to Stansberry Research, Kiyosaki indicated that the depression is also an indicator that his earlier projected market crash has already occurred. He acknowledged that the crash was characterized by the rising inflation figures despite assurances from the Federal Reserve that the economy is performing better. However, the author cautioned that there is still a widespread concern despite the stock market ‘appearing’ to perform better. For instance, Kiyoaki pointed out that the Euro/dollar curve is currently inverted, and historically, tragedy usually follows in such conditions....

December 15, 2022 · 2 min · 266 words · Keith Johnson

Safemoon Loses Almost 80 Of Its Value In 2022 Despite V2 Migration

Between January 1, 2022 and June 19, the value of SafeMoon has slumped by 78.8% from $0.000002285 to $0.000000003635. SafeMoon price has been trading in a tight range although it had some significant short-term gains in late March. Notably, the price correction has correlated with the general cryptocurrency market sentiments. However, SafeMoon underwent the V2 upgrade that sought to increase the cryptocurrency’s quality, security, and accessibility while unlocking different developments for the future alongside attracting more users....

December 15, 2022 · 2 min · 291 words · Travis Andrews

Scaramucci Blasts Sec S Rejection Of Grayscale S Spot Bitcoin Etf As A Missed Opportunity

Speaking during an interview with CNBC’s Squawk Box show on June 30, Scaramucci noted that the rejection is a “missed opportunity for the U.S. to advance its dominance in the financial sector.” The investment company founder notes that the U.S. risks lagging behind other regions like Canada and Europe while maintaining that it’s ironic for the SEC to reject the Bitcoin ETF, yet it has not issued any crypto regulations....

December 15, 2022 · 2 min · 259 words · Virginia Graves

Sec Fines Kim Kardashian 1 3 Million For Illegal Promotion Of Crypto Token

In a statement on October 3, SEC noted that Kardashian failed to disclose the payment she received for promoting EMAX, a crypto that has attracted controversy. However, both parties have agreed to settle the case, with the celebrity paying $1.26 million in penalties, disgorgement, and interest and agreeing to cooperate with the SEC as investigations continue. The statement noted that Kardashian did not admit or deny the charges against her....

December 15, 2022 · 2 min · 295 words · Heriberto Vaccaro

Sec Invites Public Feedback On Custody Of Digital Assets Amid Ripple Lawsuit

The SEC also invites views on how to regulate broker-dealers when holding digital assets and recommending them to investors. In general, the SEC hopes to gather insight into the evolving standards and best practices of digital assets custody. At the same time, SEC also offered relief from enforcement actions for up to five years. The relief targets broker-dealer firms that have obtained and maintained physical possession or control of customer fully paid and excess margin digital asset securities....

December 15, 2022 · 2 min · 257 words · Jimmy Askew

Shib Loses Almost 55 000 Holders In 10 Days As Hype Around The Coin Wanes

Indeed, in the past ten days, SHIB has gone from having 1,198,789 meme token holders on March 15 to just 1,144,118 as of March 25, a decrease of 54,671, according to CoinMarketCap data. The total number of unique addresses on the network that were holding the dog meme currency had been steadily increasing until March 17, when it saw a significant decrease by 32,832 holders in a single day. Now the last decline marks the ninth consecutive of which the number of holders has fallen as interest in the asset seems to be dwindling....

December 15, 2022 · 2 min · 407 words · Robert Sink

Shib Price Prediction For December 31 2022 Can Shiba Inu Rebound

Meme cryptocurrency Shiba Inu (SHIB) has been characterized by sustained sell-offs in 2022, aligning with the general trajectory of the digital assets market. However, with no signs of a possible bullish trigger in the short term, the SHIB community is still betting the token would end the year on a high. In this line, the SHIB community on CoinMarketCap estimates the token would be valued at an average price of $0....

December 15, 2022 · 3 min · 461 words · Scott French