Latest Articles
Tesla Shorts at $69.42: Bitcoin Price Falling from $69K to $42K
By Darya Rudz
• 3 mins read
The decline in the crypto market coincided with the downfall in the US stock market. Tech stocks turned out to be the most notable losers. What does it have to do with Elon Musk and Tesla shorts? Read on to learn!
EU Fines Top Banks for Participating in Foreign-Exchange Trading Cartel
By Darya Rudz
• 3 mins read
The banks exchanged sensitive information and trading plans in a chatroom called “Sterling Lads.” As a result, traders were able to decide on whether and when to trade the currencies they had in their portfolios based on the information they received, without taking risks.
HSBC to Launch Investing Feature for UK Young Customers
By Darya Rudz
• 3 mins read
HSBC already provides an online investment advice service in the UK. However, with a new feature, HSBC could efficiently compete against other financial tech firms, such as FreeTrade and Revolut.
ARK Investment Management Buys 1.1 Million Twitter Shares after Jack Dorsey’s Resignation
By Darya Rudz
• 3 mins read
According to ARK Investment Management, the company spent as much as $48.9 million on Twitter shares. In addition to buying Twitter shares, ARK Investment Management also invested heavily in online brokerage firm Robinhood Markets Inc.
SEC Chairman Gary Gensler Says SEC Will Not Ban Crypto
By Darya Rudz
• 3 mins read
When asked about guidance on crypto regulation, Gensler reminded that crypto exchanges need to register with the SEC. But decentralized exchanges (DEXs) are also subject to regulations.
Jerome Powell Says Fed Is Considering Its Own Digital Currency
By Darya Rudz
• 3 mins read
Since the dollar is important globally, it is essential that the Fed remains fully engaged in CBDC research and policy development. The Fed will release the results of its CBDC research very soon.
PFE Stock Rebounds, Pfizer Covid Vaccine Safe for Kids, Covid Is Officially America’s Deadliest Pandemic
By Darya Rudz
• 3 mins read
Pfizer will submit the data received to the Food and Drug Administration (FDA) and other health regulators “as soon as possible.” However, it is unclear how much time the authorities will need to review the data and approve the vaccine.
Old Bitcoin Stash Worth $30 Million Moved to Another Wallet
By Darya Rudz
• 2 mins read
Sunday’s transfer is not the first time an inactive Bitcoin stash moved. However, when these old wallets were created, Bitcoin did not really have a significant value. When the coin was created, it was worthless.
Elon Musk to Donate $50M to Inspiration4 Fundraising for St. Jude Children’s Research Hospital
By Darya Rudz
• 3 mins read
Initially, the goal was $200 million. Inspiration4 commander Jared Isaacman donated $100 million personally. Further, the mission itself brought another $60.2 million in donations. With Musk’s donation, the campaign’s total raise made up more than $210 million.
Tim Cook Says AR Is Next Big Thing for Apple, AAPL Stock Slightly Tanks
By Darya Rudz
• 3 mins read
There have been numerous rumors about Apple working on an AR product. In particular, the company is allegedly developing the Apple Glasses – augmented reality glasses that overlay graphics in the real world around you.