Day: June 19, 2022
The FSMA has updated its Communication FSMA_2020_12 (available in French – Dtuch only) of 6 October 2020, which sets out the information that must be included in the annual activity report of the AMLCO. A copy of that report, written for the senior management and the legal governing body, must always be submitted to the […]
The price of Ethereum’s native token Ether (ETH) careened below $1,000 on June 18 as the ongoing sell-off in the crypto market continued into the weekend. Ether reached $975, its lowest level since January 2021, losing 80% of its value from its record high in November 2021. The decline appeared amid concerns about the Federal […]
Like clockwork, the onset of a crypto bear market has brought out the “Bitcoin is dead” crowd who gleefully proclaim the end of the largest cryptocurrency by market capitalization. If #Bitcoin can collapse by 70% from $69,000 to under $21,000, it can just as easily fall another 70% down to $6,000. Given the excessive leverage in […]
Florida Gov. Ron DeSantis on Thursday defended his state’s decision not to apply for COVID-19 vaccines for young children ahead of expected federal approvals, the New York Post reported. Florida is the only state not to make a preorder for vaccines for children aged 6 months to 5 years, a decision met with criticism from […]
Musk was seemingly unshaken about the allegation as he doubled down on his love for the Dogecoin ecosystem with a tweet saying, “I will keep supporting Dogecoin.” 11353 Total views 18 Total shares Not even a $258 billion class-action lawsuit alleging a crypto pyramid scheme could stop Elon Musk from publicly displaying his continued support […]
Mining company Ivanhoe Electric Inc. IE, set terms for its initial public offering on Friday with plans to offer 14.4 million shares priced at $11.75 to $12.50 each. The company is planning a dual listing on the New York Stock Exchange and Toronto Stock Exchange under the ticker “IE.” BMO Capital Markets and Jefferies are […]
As tensions rise amid falling BTC prices, President Nayib Bukele decided to share advice for fellow Bitcoin investors that may be concerned about the prolonged bear market. 5288 Total views 32 Total shares El Salvador introduced BTC as legal tender on September 7, 2021, when its market price was around $50,000. Ever since, Bukele’s government […]
Cowen analyst Vivien Azer on Friday tapped Turning Point Brands TPB, +3.60% as a best small-to-midcap [smidcap] investing idea for 2022 as consumers turn to its Stoker’s chewing tobacco and Zig-Zag rolling papers for cannabis. “Value-priced Stoker’s positions TPB for continued market share gains, while sustained growth in Zig-Zag/cannabis should be driven by innovation and […]
TE Connvectivity Ltd. TEL, +2.36%, a maker of sensors and connectors, said Friday its board has approved an additional $1.5 billion share buyback program. The Swiss-based company is listed on the New York Stock Exchange. Shares were not active premarket but have fallen 30% in the year to date, while the S&P 500 SPX, +0.22% […]
Acadia Pharmaceuticals Inc. ACAD, +3.94% said Friday its stock will be halted from trading Friday as a U.S. Food and Drug Administration panel meets virtually to discuss a new drug application for a treatment for hallucinations and delusions associated with Alzheimer’s disease psychosis. The FDA’s Psychopharmacologic Drugs Advisory Committee will review Acadia’s Nuplazid at a […]
