Mike Novogratz, a former Goldman Sachs Group Inc. partner, is far past the point of no return with his Bitcoin merchant bank. Galaxy Digital LP trades on TSX Venture Exchange as of today says Bloomberg, despite the crypto market’s bear movement in 2018. Galaxy Digital LP Trades on TSX Venture Exchange Galaxy Digital, former Goldman
Month: August 2018
Crypto exchange Coinbase is now offering deposits and withdrawals denominated in the British pound (GBP), the firm announced Wednesday. The exchange’s U.K. division will now offer same-day deposits and withdrawals from the platform, allowing transfers to happen almost immediately. In a statement, Coinbase U.K. chief executive Zeeshan Feroz wrote that this system will replace the previous
Venezuelan President Nicolas Maduro is pictured during the left-wing Latin America Forum of São Paulo held in Havana on July 17, 2018. In a rare moment of honesty, Maduro blames himself and his party for the country’s crisis. (Photo by YAMIL LAGE / AFP) News flash! Socialism in poor, closed-door economies is a failure. So
More tariffs, Mr. President? (Photo by Jim WATSON / AFP) President Trump is expected to provide an update on the China trade war later today. Expectations are that the $200 billion worth of Made in China goods being tossed around to get hit with a 10% duty at American ports will not be upped to
Bitcoin’s price posted gains in the first month of the third quarter, snapping the longest losing streak it’s seen in nearly two years. The world’s largest cryptocurrency by market capitalization rose 20 percent in July, having registered losses in the previous two months – the first instance of back-to-back monthly drops since August 2016. At
U.S. interest rates are moving higher because the U.S. government is taking on more longer term debt and global central banks are stepping back from some of the easy policies they adopted in the financial crisis. The benchmark 10-year Treasury yield jumped through 3 percent for the first time since June 13, after languishing in
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are Lululemon Athletica Inc., Finisar Corp., and Target Corp. Lululemon Athletica LULU, +1.67% is projected to report first-quarter earnings of 32 cents a share, according to a consensus survey by FactSet. “We believe, given the stock’s performance
Jessica VerSteeg modeled professionally for 10 years before going on to become the CEO of her own cannabis blockchain company. She has over 300,000 followers on Instagram and once appeared on the Amazing Race as a contestant.Jessica VerSteeg If you’ve ever sat on your couch one night while buzzed and wondered why a young woman
Most likely, this is the best-known picture of a flag ever taken: Buzz Aldrin standing next to the first U.S. flag planted on the Moon. For those who knew their world history, it also rang some alarm bells. Only less than a century ago, back on Earth, planting a national flag in another part of
GoPro shares could rise significantly when the company posts its financial results this week, according to J.P. Morgan. The firm said the company’s stock price is now low enough for the shares to rally on a decent earnings report. GoPro is slated to report its second-quarter earnings results Thursday after the market close. “We expect
DCEX uses Ripple tech, entering the crypto market as a brand new decentralized cryptocurrency marketplace with Ripple (XRP) at its core. According to a press release published yesterday, the San Francisco-based platform just opened registration for institutional and retail investors. DCEX Uses Ripple Tech The new platform was developed by the blockchain firm AlphaPoint and
Bitcoin’s 26 percent rally left many a cryptocurrency in the dust over the course of July. Indeed, the bitcoin dominance rate, a widely used indicator that tracks the percentage of the total crypto market cap contributed by bitcoin, rose to 48 percent, up from 42 percent, to record a 7-month high over the 31-day period,
Online bank Swissquote opened its banking doors to accommodate Bitcoin trading accounts for its clients in July of 2017. It was thought to be the first European online bank to do this. A year on, and Swissquote has revealed the fruits of its labor for adopting the cryptocurrency with a 44% surge in profits attributed to the
When it comes to high-end U.S. real estate, there’s no shortage of skeptics who warn of nosebleed valuations and slim pickings of obvious bargains. And they’re probably right. Yet the two big money investors who capitalized on the buys that abounded after the financial crisis, Brookfield Asset Management and Blackstone Group, continue to churn out
David Einhorn, president of Greenlight Capital Inc., speaks. Photographer: Michael Nagle/Bloomberg Famed hedge fund investor David Einhorn is having a brutal year. He’s down over 18% in 2018, posting some of the worst performance in the entire hedge fund industry. Surprisingly, it could have been worse for Einhorn. Despite his losses, Einhorn actually dodged a big bullet
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