Vinco Ventures (BBIG), a digital media company, is the latest meme stock to have gone through the roof in the past couple of weeks. Various investor chatrooms like Reddit’s r/WallStreetBets and StockTwits have been abuzz with BBIG lately. This NFT play has more than doubled in price as retail investors buy into the social media
Month: September 2021
Sharing is Caring! By LV Hey Joe was recorded by Jimi Hendrix in 1966. [embedded content] Below are revised lyrical verses composed after the deadly drone attack on little kids in Afghanistan. Hey Joe, a-where you goin’ with that pen in your hand?Hey Joe, I said, where you goin’ with that pen in your hand? Oh
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Cardano launches smart contracts after successful hard fork After years
Kellie Rastegar is Co-Founder and Creative Director at Rastegar Property Company. Without question, affordable housing has caused contention across all classes. According to “The State of the Nation’s Housing 2021” report (subscription required), homebuyers and homeowners are currently divided into different categories. One category is rushing to purchase a home from savings acquired during the pandemic,
Personal asset declarations filed by politicians and government officials in Ukraine have indicated that many have made significant investments in cryptocurrency. However, some of them have been unable to prove ownership or account for their digital holdings, local media reported. Lawmaker Loses Over 40 BTC With Stolen Vehicle in Ukraine Dmitry Gurin, a member of
By Chris Farrell, Next Avenue In the quest to rethink and reimagine the second half of life, growing numbers of professionals, white-collar workers and highly skilled trade people are making the transition to the nonprofit sector. And they’re often delighted about it. I talked to two of them recently about this — Donna Svendsen and
The House will vote next week on raising the nation’s $28 trillion debt ceiling, but a political standoff between Democrats and Republicans still threatens to send the U.S. into a payments default next month. The Treasury Department has warned that without congressional action, the government could default sometime during October. But Senate Minority Leader Mitch
“Nature abhors a vacuum” is a familiar maxim in science. It means that empty spaces are unnatural as they go against the laws of physics. The saying could equally be applied to Afghanistan, where the end of a 20-year-old war with the United States has resulted in a power vacuum eager to be filled by
For investors in a company, it can be pretty exciting to hear that a stock you own is about to be split, as it indicates the company’s value has outgrown its share price. While it doesn’t actually make your investment any more valuable in and of itself, new investors may be attracted to the new
When Vivendi rejected an $8.5bn offer from SoftBank to buy Universal Music Group in 2013, industry analysts and executives were baffled. The French group turned down a price that was $2bn to $3bn more than analysts’ valuations of Universal. Hammered by piracy brought on by the advent of the internet, music revenues had shrunk every
Just over a year ago, Erin O’Toole took over an opposition party reeling from its failure in Canadian parliamentary elections and hobbled by its socially conservative leader’s opposition to gay marriage, abortion and action on climate change. So when Prime Minister Justin Trudeau announced a snap election in Canada last month, most political analysts expected
CVS Health Corporation (CVS) is a U.S.-based pharmacy chain with offerings throughout the entire health care spectrum. CVS stock is heavily backed by Michael Burry and has gained by more than 25% year to date. I am bullish on the stock. Sales Growth CVS recorded a sublime second quarter, with year-over-year revenue growth of 11.1%.
Something is brewing, and those with finely tuned noses can smell it. As traders have come to expect, Bitcoin (BTC) is doing “Bitcoin things” by bouncing around between the usual “key” support and resistance levels, and to be honest, it’s all starting to feel a bit boomerish. Bitcoin’s long-awaited “moon” depended on institutional investor buy-in,
The worldwide push to find ways to profit from real estate has seen an even bigger surge in the first half of this year, with venture capital funding reaching $9.7 billion in the first six months of 2021. Surpassing last year’s half-year amount of $8.8 billion, this is the largest amount on record, according to
Binance’s troubles with regulators grow as U.S. authorities are now reportedly investigating the exchange for possible insider trading and market manipulation. The investigation involves the Commodity Futures Trading Commission (CFTC). The Justice Department (DOJ) and the Internal Revenue Service (IRS) have also been investigating Binance on a separate issue. Binance Probed for Possible Insider Trading,
By Kimberly A. Eddleston and Jonas Ruzek, Next Avenue Editor’s note: This article is co-written by a member of the board of editors at EIX.org from The Richard M. Schulze Family Foundation, which is a funder of a Next Avenue. The new, buzzy Netflix NFLX documentary on the late, beloved, iconic public broadcasting TV host, painter Bob Ross — “Bob
Rebounding casino and new online gambling tax revenues will give Detroit’s general fund a boost this year and in the coming ones as it tackles looming pension contribution pressures. The city’s estimating conference revised general fund projections for the fiscal 2022 which began July 1 to $1.1 billion from $995 million thanks mostly to $66
[embedded content] It was not a good week for gold. Prices hit four-week lows, and markets are now anticipating a far less dovish Federal Reserve at next week’s monetary policy meeting. Here’s a look at Kitco’s top three stories of the week: 3. Gold price is in ‘no man’s land’ after $40 drop as outlook
The ensuing stimulus-on-steroids will make the previous rallies to $2089 in Gold and over $30 in Silver look like just a preview before the… by David Brady via Sprott Money Gold dumps to 1746. Silver to 22.59. GDX to a “new low” of 30.59. SILJ to 12.43. Meanwhile, DXY rises to 92.96, its highest level
President Joe Biden campaigned on an economic platform to shore up the middle class, extend health care, raise taxes on the wealthy, and invest trillions of dollars in green energy infrastructure, among other issues. On March 11, 2021, Biden won his first major economic victory when he signed the American Rescue Plan Act of 2021
Boris Johnson will meet Joe Biden in the White House this week as he seeks to rejuvenate transatlantic relations following the west’s chaotic withdrawal from Afghanistan. Britain been openly critical of the president’s decision to pull US troops out of Afghanistan by the end of August. The two world leaders are expected to discuss the
Elon Musk’s SpaceX recorded another first for the space tourism industry on Saturday, returning four private citizens from orbit in a splashdown landing off the coast of Florida. The three-day trip was the first to carry a crew composed entirely of space tourists into orbit. After taking off on Wednesday from the Kennedy Space Center,
Without changes, those who rely on Social Security income will have to tighten their belts in about 13 years. The reserve depletion date for the combined Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds was lowered from 2035 to 2034 as a result of employment, earnings, interest rates and GDP dropping substantially
Virgin Galactic (SPCE) has suffered some setbacks of late, and its stock is languishing in consequence — down roughly 50% from June’s peak. In the latest blows to the company’s reputation, on September 2, the FAA launched an investigation into the July 11 flight that carried Sir Richard Branson to the edge of space —
Sharing is Caring! From Birch Gold Group Federal Reserve Chairman Powell and other members of the Fed have been using the term “transitory” to downplay the threat that the last 16 months of skyrocketing inflation would last. But inflation has been sharply on the rise since March 2020, with only a minor pause toward the end of last
American CryptoFed DAO, a Wyoming-based decentralized autonomous organization, has filed two forms with the United States Securities and Exchange Commission, or SEC, to launch two variants of inter-dependent stablecoins named Locke and Ducat. According to CryptoFed’s Form 10 submission, the tokens are awaiting their registration as utility tokens hosted on the in-house CryptoFed blockchain. However,
The rain fell steadily at Curt Dyer’s Miami Beach, Florida, home on a mid-July day this summer. He opened the door to the garage and pointed to the flood already collecting in his driveway. He said it wouldn’t be long until the whole garage flooded. Curt Dyer and Bruce Bender CNBC Even though he faces daily
Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the decentralized stablecoin DAI’s market capitalization has also swelled significantly as DAI’s market valuation jumped more than 800% during the last 12 months, increasing from $696
For some fortunate older adults, 2020 and 2021 have proved to be financial boon years. They spent less than in normal years because they weren’t traveling, weren’t eating out, weren’t paying for theater tickets and expensive excursions, and those who are invested in the stock market have seen their portfolios soar. However, the stay-at-home years
The Puerto Rico Oversight Board reiterated its position on pension cuts in the Plan of Adjustment Friday, the biggest source of tension it has with the local government, but was unclear on how willing it was to accommodate the government’s demands. Puerto Rico Gov. Pedro Pierluisi and many of the legislators have called for zero
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