Both the Dow Jones and Bitcoin pushed are pushing to all-time highs. How can these two opposing asset classes be rising in tandem? It all comes down to one of Joe Biden’s newest cabinet picks.…
IMF Says Central Bank-Backed Crypto ‘Could Become Reality’
In its latest report entitled “Five Facts on Fintech,” the International Monetary Fund (IMF) said that based on its research, countries generally foresee the emergence of crypto assets backed by central banks. The study, which…
Wall Street is dangerously overestimating Fed rate cut…
David Leduc believes too many investors are on the wrong side of the bond trade. Leduc, chief investment officer of Mellon's active fixed-income team, blames it on a disconnect between Wall Street and the Federal…
Binance CSO Confirms ‘Preliminary’ Talks to List Facebook’s…
Speaking with Finance Magnates, Binance strategy officer Gin Chao said the world’s largest cryptocurrency exchange “would probably want to list” Facebook’s Libra coin on its marketplace. Chao said that Binance has been in talks with…
Warren Buffett’s Portfolio Lifted by Fintech Stocks. Is…
As Berkshire Hathaway finishes out Q2 2019, its top 10 performing stocks were dominated by fintech companies that are making innovations in digital payments. Warren Buffett may have bitcoin and crypto to thank. They may…
Europe sizzles in scorching temperatures as heat wave…
Spain, which is dealing with the aftermath of a wildfire that tore through 10,000 acres of forest in the country's north-east on Friday, is bracing for temperatures of up to 42 degrees, according to its…
We pay for that shit: 9/11 first responder…
"The chairs that they put their asses in, the pens that they use, the pads that they write on, we pay for that shit," 9/11 first responder John Feal told reporters after meeting with McConnell.…
OneCoin Crypto Scam Boss Faces Jail Trial after…
The CEO of the OneCoin cryptocurrency scam, Konstantin Ignatov, will have to undergo trial while still in custody. The New York Southern District Court’s Judge Edgardo Ramos denied a bond application filed by Ignatov despite…
10 defining moments of the Supreme Courts term
Here are the 10 defining moments of the 2018-2019 term: Awkward appearance with Trump at White House Three days after the Senate confirmed Brett Kavanaugh, 50-48, to succeed retired Justice Anthony Kennedy and he took…