Cardano is one of those altcoins that has managed to actually walk the walk. In fact, the network is on its way to introduce smart contracts by October 2021 with Alonzo. However, has the altcoin’s price actually been keeping up with its growing popularity? Based on the recent marketRead More →
A recent article highlighted the fact that Uniswap’s daily active addresses were up by 72.5% since Monday and also depicted the same for other tokens in the DeFi space, namely Maker, Compound and AAVE. This was an early indication of a possible DeFi recovery. Meanwhile, UNI’s price has latchedRead More →
Don’t look for gold to hedge a falling dollar. That may be a surprise since gold GC00, +0.54% is often the first asset that investors think of when wanting to hedge against currency devaluation. Gold’s reputation has been strongly reinforced since mid-May, as the U.S. Dollar Index DXY, +0.04%Read More →
The price of Bitcoin (BTC) has seen low volatility throughout the past six weeks, hovering in the $9,300 to $9,900 range for most of the time. This has led traders to warn that it is likely to cause a massive price movement in the near-term. Over the last 12 monthsRead More →
Another $800,000 worth of bitcoin from the Bitfinex hack of four years ago has been moved to an unknown wallet. Whale Alert reports that hackers transferred 77.64 bitcoin (BTC) on Tuesday, which amounts to $797,000 at the time the alert was issued. The thieves last moved about $255,000 or 28.4Read More →
© Reuters. The Google internet homepage is displayed on a product at a store in London By Joseph Menn SAN FRANCISCO (Reuters) – Google is planning to move its British users’ accounts out of the control of European Union privacy regulators, placing them under U.S. jurisdiction instead, the company confirmedRead More →
Thank China (again) for what looks like another bullish day on Wall Street after Beijing pledged to halve tariffs on $75 billion in U.S. imports, while political uncertainty has eased after the Senate acquitted U.S. President Donald Trump. That is as investors have decided the deadly coronavirus isn’t a reasonRead More →
By Aditya Kalra and Chandini Monnappa NEW DELHI/BENGALURU (Reuters) – India on Saturday raised taxes on imports of goods such as electronic items, toys and furniture, aiming to give impetus to domestic manufacturing in a move that will hit Sweden’s IKEA and other foreign firms. The measures, announced by FinanceRead More →
Now that U.S.-Iran tensions have cooled a bit, it may be time to revisit predictions from some strategists last year that said equities are primed for big gains in the first quarter. They may have been onto something. The Nasdaq Composite COMP, +0.67% nailed a record close on Wednesday, whileRead More →
Dear Moneyist, My mother passed away last year. I share the title of my mother’s home with my stepfather, but he wants to get married again and wants his new wife to move into the house. What happens when he dies? Does she have any right to the house orRead More →
By Julien Ponthus and Thyagaraju Adinarayan LONDON (Reuters) – The scale of Boris Johnson’s election victory on Thursday may be enough to draw back billions of pounds of investment that have sidestepped UK stocks for years over Brexit, mirroring the U.S. market surge seen after Donald Trump’s election three yearsRead More →
FRANKFURT (Reuters) – Tesla’s (O:) announcement earlier this month that it will build its first European factory near Berlin will draw further companies from the electric mobility and energy storage sectors into Germany, a state premier told newspaper Die Welt. “They are already on their way. I’m hearing there areRead More →
Dear Catey, We’re 69 and 68, respectively, and are presently retired in Las Vegas. Our net worth is about $5 million, so money is not an overriding issue. We moved to Vegas to be near family, and for the vibrancy we didn’t have in Cleveland. Seven years later, the familyRead More →
© Reuters. Investing.com – Stocks were rising midafternoon Wednesday after the Federal Reserve’s latest interest-rate cut and what the market took to be encouraging words from Fed Chairman Jerome Powell. The was up 0.25% at 3:12 PM ET (19:12 GMT), with the {{169|Dow Jones industrials} up 0.32%. The was upRead More →
The bitcoin price has seen a crazy past 36 to 48 hours. After tumbling to as low as $7,300 in the middle of last week bitcoin BTCUSD, +2.68% shot up to over $10,000 on some exchanges overnight Friday and Saturday, for its biggest single-day rise since April 2, beforeRead More →
If you’re still a small-bucks investor and you want to put, say, $100 every month into the SPDR S&P 500 SPY, +0.29% exchange-traded fund, you’re out of luck. The ETF, the world’s biggest by assets, sells for $298 a share. At most brokerage houses there’s no way to buy lessRead More →
© Reuters. A Hummer vehicle sits in the parking lot of a dealership in Scottsdale, Arizona By Ben Klayman and Paul Lienert WASHINGTON/DETROIT (Reuters) – General Motors Co (N:) plans to build a new family of premium electric pickup trucks and sport-utility vehicles at its Detroit-Hamtramck plant beginning in lateRead More →
Dear Moneyist, I met my husband 17 years ago online. We have been married for 15 years and have a 12-year-old son. I am from another country, and my husband sponsored me to come to the U.S. I already had a business degree from my home country. But I haveRead More →
An increasing number of workers are devoting time to salary research, a new survey shows, but just half feel they’re paid enough. And 54% of workers (61% of men and 49% of women) say they swap salary information with coworkers, with workers aged 18 to 34 far more likely thanRead More →
Shares of Lyft Inc. spiked as much as 11% in after-hours trading Wednesday following a surge in sales and a forecast for stronger annual revenue, but the gains quickly cooled after the company said insiders would be able to sell their shares earlier than expected. Lyft LYFT, +2.71% reported recordRead More →
© Reuters. FILE PHOTO: G20 leaders summit in Osaka By Michael Martina and David Lawder BEIJING/WASHINGTON (Reuters) – U.S. and Chinese trade negotiators shift to Shanghai this week for their first in-person talks since a G20 truce last month, a change of scenery for two sides struggling to resolve deepRead More →
Dear Moneyist, My wife and I got married at 63. We are the same age. She was debt free. Her parents bought her everything, forever. She made $30,000 per year after quitting a job as a heart nurse. Her dad gave her $28,000 a year tax free. She also hadRead More →
Financial freedom costs money. One 25-year-old man living with his parents asked users of the social-media site Reddit to chime in on his mother’s advice that he save up between $10,000 and $15,000 before he moves out. He’s debt-free, earning at least $1,800 per month and planning to rent anRead More →
Happy Memorial Day Weekend, MarketWatchers! Don’t miss these top stories before all the fun: Why it’s a smart move to list your home on Memorial Day Weekend ‘A lot of home buyers are hitting open houses instead of the beach.’ Nearly 70% of Americans are making this huge mistake withRead More →
Britain’s biggest clothing retailer is set to enter the residential-real-estate market as part of ambitious plans to boost the group’s financial performance. Marks & Spencer Group PLC MKS, +1.32% is to turn property developer as part of a major plan to unlock value across the retailer’s store estate. The strugglingRead More →
