[Decrypt, Shutterstock] The rise in the price of ETH means the vast majority of people who have bought the token are in profit. More than 90% of those who own Ethereum’s ETH token right now bought the cryptocurrency at a lower price than it is currently, according to data from […]
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[The Motley Fool, Getty Images] Investors who can see past the market volatility and coronavirus dust cloud will find some still-solid local names. The U.S. stock market may have been roaring higher at the beginning of last month, but July ended on a low note. Forward progress has stopped altogether. […]
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[New York Post] A man in Florida reportedly purchased a brand new Porsche with a check he printed on a home computer — and then decided to splurge on some watches. Casey William Kelley, 42, cashed in the nearly $140,000 check at a local car dealership on Tuesday but was […]
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[CNBC] KEY POINTS Microsoft’s statements on Sunday marked the company’s first confirmation of talks it has held to acquire the popular social-media app. Other investors could participate in an acquisition alongside Microsoft, according to the company statement. Microsoft on Sunday confirmed that it has held talks with Chinese technology company ByteDance […]
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[Coindesk, Getty Images] Ethereum is still the most popular off-chain destination for bitcoins as its supply of tokenized bitcoin (BTC) grew more than 70% in July. More than 20,000 BTC — worth roughly $225 million — are now tokenized and used in Ethereum-based protocols. Wrapped Bitcoin (WBTC) represents over 76% of the […]
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[Business Insider] The nation’s public mail service USPS announced a sweeping overhaul to its organization Friday that displaced the agency’s two top executives. The new structure follows previous changes the agency made under the leadership of Louis DeJoy that Democratic lawmakers say put USPS’s ability to field scores of mail-in […]
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[CNBC] “The year for active management.” That’s how Doug Yones, head of exchange-traded products at the New York Stock Exchange, characterized 2020 in a recent research note on the state of the industry. So far, that has proven out as ETFs continue to grow in number. There were 2,639 ETFs […]
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[Weather Channel] At a Glance Hurricane conditions are expected over portions of the northern Bahamas Saturday. Impacts will be felt in parts of Florida later Saturday. Hurricane conditions could reach South Florida Saturday night. The forecast for this system is still uncertain. Isaias may ultimately impact a sizable swath of […]
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[CNBC, GETTY IMAGES] KEY POINTS President Donald Trump on Friday told reporters he will act as soon as Saturday to ban Chinese-owned video app TikTok from the United States. Trump did not specify whether he will act through an executive order, or another method such as a designation, according to NBC […]
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[InvestorPlace] Investing in penny stocks is primarily the domain of highly risk-averse market participants. The risk profile of penny stocks is, of course, a double-edged sword: investors could lose a lot of money on them, yet could also reap massive returns. Many investors do consider penny stock purchases, but there […]
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