Category: Uncategorized

Jan 06
Raoul Pal says 'reasonable chance' crypto market cap could 100X by 2030

“I think there’s a reasonable chance of this being a $250 trillion asset class, which is 100x from here,” said Raoul Pal. 3702 Total views 62 Total shares Former Goldman Sachs hedge fund manager and Real Vision CEO Raoul Pal thinks that the crypto market cap could increase 100X by the end of this decade. […]

Jan 06
Dow industrials turn south as minutes imply Fed could tighten financial conditions sooner and faster in 2022

U.S. stock benchmarks took a turn lower and losses deepened for the Nasdaq Composite Wednesday afternoon after minutes from the Dec. 14-15 meeting of the Federal Open Market Committee, released at 2 p.m. ET, indicated that policy makers could tighten financial conditions sooner and faster than market participants had anticipated. At the meeting, the Fed […]

Jan 06
Aave launches its permissioned pool Aave Arc, with 30 institutions set to join

The lending platform added a permissioned liquidity pool to its other decentralized offerings as a way to entice institutional participants to have regulatory compliance in DeFi. 1237 Total views 22 Total shares Decentralized lending platform Aave has launched its permissioned lending and liquidity service Aave Arc to help institutions participate in regulation-compliant decentralized finance. As […]

Jan 06
Del Taco launches value menu, “20 Under $2”

Del Taco Restaurants Inc. TACO, +0.40% launched its new value menu of food and beverages, “20 Under $2” on Wednesday. The menu includes new items like the Chipotle Chicken Taco, Snack Queso Quesadilla and Strawberry Sprite. “We know our guests are concerned about rising gasoline prices and overall inflation, and that’s why we think this […]

Jan 06
Why Kevin O'Leary thinks NFTs could become bigger than Bitcoin

Despite betting that NFTs will surpass Bitcoin, Kevin O’Leary said he will hedge his bets and invest on “both sides” of the equation. 88 Total views 12 Total shares Millionaire investor and crypto proponent Kevin O’Leary thinks that the NFT sector could be worth more than Bitcoin in the future. Speaking with CNBC’s Capital Connection […]

Jan 06
FuelCell Energy stock leads fuel cell peers in losses, after tepid endorsement from KeyBanc analyst

Shares of FuelCell Energy Inc. FCEL, -9.52% sank 8.8% in afternoon trading Wednesday, to lead its fuel cell peers in losses, after a relatively tepid endorsement of the fuel cell company by KeyBanc Capital analyst Leo Mariani, who cited smaller revenue and less visibility on near-term growth compared with its peers. And while Mariani is […]

Jan 06
Moneygram buys 4% stake in crypto ATM operator Coinme

The investment follows a May 2021 partnership between the two firms aimed at expanding access to crypto-fiat exchanges. 1496 Total views 38 Total shares Money transmission network MoneyGram now has a minority investment in crypto ATM operator Coinme following a Series A funding round. In a Wednesday announcement, MoneyGram said it had purchased a roughly […]

Jan 06
Meta Platforms stops VR/AR software operating system project: report

Facebook parent Meta Platforms Inc. FB, -3.67% has ceased development of a new VR/AR software operating system that employed more than 300 after four years, The Information reported Wednesday. The move could greatly impact Meta’s ability to pivot to becoming a major metaverse player. Meta quickly issued a statement via Gabriel Aul, its vice president […]

Jan 05
Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates

Bitcoin price slipped below $44,000 shortly after notes from the Federal Reserve’s December FOMC session re-confirmed plans to get the balance sheet under control. 20000 Total views 69 Total shares Bitcoin (BTC) and the wider cryptocurrency market fell under as equities markets pulled back at the closing bell after minutes from the Federal Reserve’s December […]

Jan 05
Dow, S&P 500, Nasdaq close sharply lower as stocks slide after Fed minutes

Major U.S. stock benchmarks ended sharply lower Wednesday, with the tech-heavy Nasdaq Composite index suffering the steepest decline, after the Federal Reserve released minutes of its December meeting that showed officials eyeing potentially faster and earlier rate hikes amid high inflation. The Nasdaq COMP, -3.34% dropped about 3.3%, the S&P 500 SPX, -1.94% fell about […]