On Saturday (October 15), Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, explained why right now he believes Bitcoin is a better asset to invest in than real estate. “Rich Dad Poor Dad“, which is one of the top 10 personal finance […]

Experts have warned that Bitcoin’s lower volatility could be a problem when paired with lower trading volumes, as it could lead to a significant sell-off in the market if things turn bearish. In a new report, Bloomberg noted that Noelle Acheson, author of a popular cryptocurrency newsletter, noted that BTC’s […]

Cryptocurrencies are trading more than 6 percent higher overnight, despite hotter-than-expected inflation data that reinforced bets that the Fed would deliver another 75-basis points rate hike in its next review in November. With Wall Street shrugging off the inflation data that showed a 40-year high reading of core inflation, other […]

The following biotech stocks touched a new 52-week high yesterday. AVEO Pharmaceuticals Inc. (AVEO) is just one step away from getting a U.S. patent for the use of its lead product Fotivda for the treatment of refractory advanced renal cell carcinoma. Shares touched a 52-week intraday high of $9.62 yesterday. […]

Transactions carried out by Bitcoin long-term holders (LTHs), a cohort of BTC investors that have held coins for over 155 days, is beginning to signal that a price recovery for the benchmark crypto may be in the offing. Per data from blockchain data analytics and intelligence platform Glassnode, the spent […]

Shares of real estate investment trust Service Properties Trust (SVC) are rising more than 11% Thursday morning at $6.16. The company today declared a quarterly dividend of $0.20 per share. “”As the result of the continued improved performance of our hotel portfolio and the steady performance of our net lease […]

World markets remained cautious amidst an anxious wait for the CPI numbers from the U.S. later in the day. The FOMC minutes released a day earlier had revealed the Fed’s commitment to returning inflation to the 2 percent objective. Many participants emphasized that the cost of taking too little action […]

Yassine Elmandjra, an analyst at Ark Investment Management, has defended the firm’s prediction that the price of the flagship cryptocurrency Bitcoin ($BTC) will top $1 million in the future. During an interview with Bloomberg, Elmandjra defended a price prediction made by the fund manager of Ark’s flagship innovation-themed exchange-traded funds […]

On Tuesday (October 11), BNY Mellon announced that its Digital Asset Custody platform had gone live in the U.S. with “select clients” now able to hold and transfer Bitcoin ($BTC) and Ethereum ($ETH). At the end of Q2 2022, BNY Mellon had “$43.0 trillion in assets under custody and/or administration, and $1.9 trillion in assets under […]

India joins the bandwagon as it plans to roll out its Central Bank Digital Currency this year. The Reserve Bank of India released a 50-page paper on Friday about the prospects of a digital Rupee being an alternative to cryptocurrencies. With government-backed currencies launched to replace Bitcoin and Ethereum, analysts […]