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Cryptocurrencies boomed in 2021, but Bitcoin’s (BTC-USD) late year retrenchment left many investors unsure about the same returns in the new year. Buoyed by demand for non-fungible tokens (NFTs) and decentralized finance (DeFi), Ethereum (ETH-USD) and smaller cryptocurrencies ended up stealing the spotlight from Bitcoin. Its market capitalization, currently under 40%, is the second lowest it has ever been according to Trading View data.  Trading around $47,300, Bitcoin is down 8% since last… Source link

U.S. stock futures were sideways Monday evening after a momentous first trading day of 2022. Contracts on the Dow Jones Industrial Average, S&P 500, and Nasdaq were mostly flat after all three indexes rallied in Monday’s session. The Dow jumped nearly 250 points to notch a record close, and the S&P 500 gained 0.6% to 4,796.56, topping its previous high. The Nasdaq drew strength from a great day for tech to end 1.2% up but fell short of its last record close in November. “When I think about… Source link

Over the last year, the markets have contended with a global shipping crisis, the ongoing pandemic, and creeping inflation. Despite those risks, a huge number of companies made their public debuts in 2021. We’re talking Coinbase (COIN), Rent the Runway (RENT), Robinhood (HOOD), and, of course, electric vehicle makers Lucid (LCID) and Rivian (RVIN). Not every company that went public performed well, though. While some 399 initial public offerings raised $142.5 billion in 2021, the majority… Source link

In my search for online exhibitions with compelling presentations and content, I have recently become apprised of three shows that take advantage of the digital medium to display words and images (only one show contains sounds in these examples) in ways that I wouldn’t quite be able to experience IRL. They do all share a basic approach: to use visual and historical examinations of an object or objects to discuss how it has come to be and how… Source link

Nate Hobbs was reportedly arrested hours after the Raiders beat the Colts. (Chris Unger/Getty Images) Las Vegas Raiders rookie cornerback Nate Hobbs was arrested in Las Vegas on a charge of driving under the influence early Monday. Las Vegas police confirmed the arrest following a TMZ report. Raiders head coach Rich Bisaccia told reporters during his weekly news conference on Monday that Hobbs “was involved in an incident” and that the team was still gathering information. The Raiders also… Source link

Oklahoma quarterback Caleb Williams could be leaving Norman. Williams, a five-star recruit who starred for the Sooners in 2021 as a true freshman, announced Monday that he will put his name into the NCAA transfer portal. Williams said remaining at Oklahoma is an option but he also plans to communicate with other schools. “I think we all come to college to find our own path and prepare for the future. I came to Oklahoma with a game plan, but with all of the recent changes, I need to figure… Source link

When Democrats passed one year of an expanded Child Tax Credit within the $1.9 trillion American Rescue Plan, many of the credit’s supporters hoped it would become permanent. White House economic adviser Heather Boushey called the tax credit a “basic benefit” when speaking to Yahoo Finance in March as the relief package was becoming law. She predicted the overall package “will cut child poverty in half this year in no small part, due to this expansion of the Child Tax Credit.” That… Source link

A federal jury has said it has failed to reach a unanimous verdict on three of 11 counts in the criminal case against Theranos founder Elizabeth Holmes, who was accused of defrauding patients and investors in a blood-testing startup once valued at $9 billion. During a proceeding Monday where Holmes was present, both her attorneys and prosecutors agreed that Judge Edward Davila could bring in jurors so he could read a jury instruction encouraging deadlocked jurors to continue… Source link

The Tennessee Titans could be getting one of their biggest offensive weapons back on the field in time for the playoffs.  Titans head coach Mike Vrabel said on Monday that running back Derrick Henry is close to returning from injured reserve, and they’ll discuss opening his three-week return window in just a couple of days.  The Titans lost Henry to a foot injury midway through their Week 8 game against the Indianapolis Colts. Henry went in for foot surgery just a day after the game, which… Source link

Apple (AAPL) officially has a market capitalization of $3 trillion. The tech giant passed the $182.86 mark Monday, making it the first publicly traded company in history to hit such a market valuation. Shares were bouncing above and below the number during the day. Apple’s rise to a $3 trillion market cap, which is based on its stock price, comes less than two years after its market cap hit $2 trillion. Microsoft (MSFT) is also potentially on its way to the $3 trillion mark after topping $2… Source link