Tag Archives: LongTerm

The vast majority of money managers remain cautious on cryptocurrency investing, despite some big name investors putting their money behind digital coins, according to one analyst. Speaking at Yahoo Finance’s All Markets Summit Plus, Fairlead Strategies founder Katie Stockton said crypto adoption still remains in the “very early stages” with limited institutional money flowing into the space. “We’re kind of at the very low end of that curve, right? That could accelerate to the upside,”… Source link

Bitcoin, the world’s oldest crypto, reached its highest point in almost three months on Saturday before paring back some of the weekend’s gains. Prices have since cooled and are down around 1.5% on a 24-hour basis after reaching a top of $45,300, their highest point since May 18. As of press time, bitcoin is changing hands for around $43,430. Datamish data shows bitcoin’s push to higher price highs (HH) and higher price lows (HL) was precipitated by a short squeeze which saw 126 BTC… Source link

The latest congressional infrastructure bill, which includes provisions on the regulation of crypto assets, could help legitimize cryptocurrencies within the mainstream financial community, says MoffettNathanson Partner Lisa Ellis. “What’s been holding up the crypto ETFs is that the SEC has very stringent requirements for things like liquidity, transparency, price stability,” Ellis said. “[There are] very well-established rules when it comes to stock investing,” she said. “Those same… Source link

Regulatory risk is something any pertinent investor should take into account when making decisions, especially when it comes to companies based in China. The world’s most populous country’s government frequently involves itself in the business happenings of several publicly traded companies. Most notable are the threats made against the ride-sharing company Didi Global Inc. (DIDI), causing share prices to dramatically slide. While safe for now, these risks have been weighing on the… Source link

In 2021, a grassroots movement has emerged and low-priced stocks are being targeted – but not necessarily in a bad way. If anything, the attention surrounding meme stocks has only helped to boost their prices and shine the spotlight on under-the-radar businesses. A prime example of this would be Exela (XELA) stock, which has seen unusual trading volume and price action recently. There’s an old saying in the financial markets: know what you own. Therefore, we’ll delve into what Exela does… Source link

Bitcoin (BTC) decreased slightly during the week of July 7-12, trading in a range between $35,293 and $32,077. It has broken out from a short-term descending parallel channel and is now trading inside an identical pattern in the medium-term. Bitcoin defends long-term support BTC decreased slightly during the week of July 7-12. It proceeded to reach a low of $32,077 before rebounding slightly and closing at $34,258. It has been trading above the $32,400 horizontal support area since May 19. While… Source link

In this article we will take a look at the 10 best stocks to invest in 2021 for long-term profits. You can skip our detailed analysis of these stocks’ outlook for 2021 and some of the major growth catalysts for bank stocks and go directly to 5 Best Stocks to Invest in 2021 For Long-Term Profits. As consumer spending and employment slowly start to recover, investors are hopeful about the much-awaited stability in financial markets. It’s becoming harder for beginner investors to find the… Source link

Bloomberg One of World’s Greatest Hidden Fortunes Is Wiped Out in Days (Bloomberg) — From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes.Even on Wall Street, few ever noticed him — until suddenly, everyone did.Hwang and his private investment firm, Archegos Capital Management, are now at the center of one of the biggest margin calls of all time — a multibillion-dollar fiasco involving secretive… Source link

(Bloomberg) — Bitcoin is nursing losses after its worst weekly plunge in almost a year and on one view its longer term outlook could be even worse because of environmental concerns and tightening regulations. The sheer amount of energy needed to mine Bitcoin and the prospect that governments will create more obstacles for the largest cryptocurrency point to the token losing “most of its value over time,” BCA Research Inc. said. The expense and slowness of Bitcoin transactions make it… Source link