Bakkt, the highly anticipated Bitcoin futures contract, recorded just $5 million USD in total trading during its first week. The long-awaited Bitcoin futures platform from The Intercontinental Exchange (ICE) launched last week to considerably underwhelming fanfare given the hype surrounding the project since it was initially announced last year. According to ICE, which is also
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Inside Morningstar’s New York offices, where chief operating officer Michael Brawer is building a … [+] number of new products for blockchain-based securities. Michael del Castillo Credit ratings giant Morningstar is making a number of previously unknown moves into the burgeoning industry of assets issued on a blockchain. The rating agency that made its name
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Main Thesis The purpose of this article is to evaluate the AllianceBernstein Global High Income Fund (NYSE:AWF) as an investment option at its current market price. AWF is a fund I continuously monitor, and have often recommended, due to its global, high-yield focus. While it has performed well over time, I shifted to a more
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The double bottom reversal pattern is similar to the double top reversal pattern, but it goes in the opposite direction. What Is the Double Bottom Reversal Pattern? -It’s a reversal pattern or bullish pattern -Begins with a downward pattern and typically ends with an upward pattern -There can be double tops or triple tops between
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Stock trading can take many forms and many traders confuse the two main types: Equity trading (also known as trading real stocks) and CFD trading (or buying and selling Contracts for Difference on stocks). So if you want to see the differences in terms of leverage, margin, short selling and fees – trading expert David
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Credit Suisse on Tuesday cleared Chief Executive Tidjane Thiam in an internal investigation into the botched surveillance of the bank’s former wealth management head Iqbal Khan in a probe that cost Thiam’s right-hand man his job. Chief Operating Officer Pierre-Olivier Bouee resigned after the investigation by the Homburger law firm found he alone initiated observation
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New cases of Bitcoin fraud are back circulating the media. Back in May, the NYPD warned the public about Bitcoin scams, but that hasn’t stopped incidences of fraud from occurring. In the news this week, we have learned of two new Bitcoin fraud cases: one involves a Pennsylvania resident, and the other, interestingly enough, involves
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Gov. Wanda Vázquez García said over the weekend she supports the Puerto Rico Oversight Board’s plan of adjustment, removing an obstacle to the restructuring of the commonwealth’s debt. By supporting an adjustment plan that includes a reduction to pensions, she walked a different path than the one former Gov. Ricardo Rosselló said he’d have taken.
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San Francisco-based crypto startup Ripple has acquired Logos Network, a payment platform, to help in developing decentralized financial products. Ripple is the firm behind XRP, which is the third-largest cryptocurrency. Xpring Growing Its Team The investment arm of the company, Xpring initiative, has already brought on board the Logos Network. Logos Network is a blockchain-based payment
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Trading 212 explains how to read the FOREX charts in a simple way. This video shows you how to recognize the two types of trend lines and easy ways to spot FOREX market trends. Trading 212 gives you basic knowledge about technical analyses and FOREX market movements. Start now for free with virtual money: https://www.trading212.com/en/Free-FOREX-Practice-Account-GBP/
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As we enter the fourth quarter, municipals continue their remarkable performance with the market continuing to follow trends of demand outstripping supply and inflows into the asset class. “The classic law of physics — a body in motion stays in motion, is how I would describe the inflows,” Jim Colby, senior municipal strategist and portfolio
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Nearly all top 10 alternative cryptocurrencies by Market Capitalization have hit their respective 6-month lows after bitcoin’s rapid price slide dragged the rest of the markets into the red on Tuesday. Litecoin (LTC), EOS (EOS), Binance Coin (BNB), and Stellar (XLM) dropped to their lowest point in over 6-month shortly after BTC’s major sell-off forced traders
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Bollinger Bands are one of the most popular trading indicators and in this video we’ll give you a tutorial on what they are and how you can use them in your trading. The bands themselves represent two volatility lines around the (typically) 20-day moving average. The two bands are placed at 2 standard deviations from
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Recent highly publicized flops by supposedly disruptive companies could be painting an unpleasant picture ahead for innovation, at least in how it’s viewed in the financial markets. Investors have turned thumbs-down on high-profile companies including WeWork, Uber and Tesla. Industries including marijuana, vaping and bitcoin all have seen big price drops following a spate of
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A prolonged Michigan budget battle would hit the state’s charter schools the hardest, according to S&P Global Ratings. The Republican-led Michigan legislature approved $59.9 billion in state spending in budget bills while axing a controversial 45-cents-a-gallon fuel tax hike proposed by Gov. Gretchen Whitmer, setting the stage for a budget battle. Charter schools are vulnerable
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