Stocks

Korean Exchange Operator to Oversee Crypto-Linked Stocks in the Midst of Suspicions on Unfair Trading

Cryptocurrency Indexes Are Set to Launch in 2021 by S&P Dow Jones Indices S&P Dow Jones Indices has made it official: they will launch cryptocurrency indexes in 2021, becoming the latest major finance company to make its inception into the digital asset industry. More than 550 of the top traded coins to be … read …

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“Every downturn in history has ended in an upturn,” says Acorns CEO

Investing app Acorns aims to help people grow their savings and wealth, but how does inherent market risk factor into the equation? CEO Noah Kerner gave his thoughts on that question at a recent BlockShow panel. “We send this message to our customers: That every downturn in history has ended in an upturn,” Kerner said …

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Bitcoin price risks losing ‘critical technical level’ as stocks under pressure

U.S. stocks have started to correct as worries surrounding the pandemic are mounting. Meanwhile, Bitcoin (BTC) price has pulled back below $18,000 on Dec. 8 after struggling to break resistance at $19,500. The daily price chart of Bitcoin (Coinbase). Source: TradingView COVID-19 cases in the U.S. and Europe are continuously surging despite strict restrictions. Sweden, for …

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Colombian Stock Exchange to use blockchain for OTC derivatives trading

The Colombian Stock Exchange announced it is joining the Consorcio Colibrí, a private initiative that promotes the adoption of blockchain technology within the finance industry. As Cointelegraph Español reported on Nov. 18, Consorcio Colibrí was formed by major financial institutions such as Bancolombia, BBVA, Santander Caceis Colombia, Deceval, Contrato Marco, Porvenir and Skandia, among others. …

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Bitcoin, stocks drop as markets uncertain about US election result

The price of Bitcoin (BTC) suddenly fell by 3% within hours on Nov. 4 to $13,566 after briefly rising above $14,000. Coincidentally, the U.S. dollar, gold and stocks all fell together in tandem. Analysts are pointing to uncertainty surrounding the election as the catalyst for the sharp correction. Bitcoin 1-hour chart. Source: TradingView.com Why markets fell …

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INX to boost its $117M IPO with token listings on global exchanges

INX, a global digital asset trading platform, is expanding its ongoing initial public offering with listings on exchanges worldwide. In a move to boost the liquidity in its $117 million IPO, INX has applied with the Canadian Securities Exchange to list its security token. The listing application is subject to the approval of the CSE, …

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Apple earnings show strong iPad and Mac sales can’t make up for the iPhone

Enlarge / Apple CEO Tim Cook. Patrick T. Fallon/Bloomberg via Getty Images Apple announced its fourth-quarter earnings today after the bell, and it was something of a strange quarter because, unlike some previous years (including last year), this quarter’s numbers did not include an iPhone launch. The iPhone 12’s various models ship in October and …

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Bitcoin price risks even bigger pullback in Q4 after sharp rejections

Bitcoin price is showing weakness after another sharp rejection from the $11,000 resistance level. As Bitcoin (BTC) enters the fourth quarter, the sentiment around the market remains generally cautious and neutral. Bitcoin might face a larger pullback in the fourth quarter due to several key factors. Throughout the past three years, every September monthly candle …

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Mark Cuban Wants an Expiration Date on Stimulus Checks: Critics Says Proposal Is Right out of a Banana Republic Playbook

U.S. billionaire Mark Cuban wants the next stimulus check to come with an expiration date in order to force Americans to spend the funds. The businessman believes this “use it or lose it” approach would benefit the U.S. economy as it promotes spending instead of saving. Cuban argues that when consumers are forced to spend, …

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