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☆ Bitcoin falls below $19,000 as cryptos creak under rate hike risk
▼ + stars: | 2022-09-19 | by ( ) www.reuters.com time to read: +2 min

Bitcoin , the biggest cryptocurrency by market value, fell about 5% to a three-month low of $18,387. read moreRepresentations of virtual currency Bitcoin are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration/File PhotoThe token's value has fallen amid some speculation that remarks last week from U.S. Securities and Exchange Commission Chairman Gary Gensler implied the new structure could attract extra regulation. "A lot of the hype has come out of the markets since the Merge," he said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Tom Westbrook; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

☆ Bitcoin drops 5% to its lowest level in 3 months as risk assets continue to get crushed
▼ + stars: | 2022-09-19 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Bitcoin fell to its lowest level in three months on Monday as investors dumped risk assets amid expectations of higher interest rates. The world's largest cryptocurrency dropped 5% to an intraday low of $18,276, reaching its lowest level since June 19. Bitcoin is down 7.2% this month and on pace for the second straight negative month after plunging 15% in August. Ether is down a similar 5% to $1,281 apiece Monday, hitting its lowest level since July 15. Risk assets have been under massive pressure as the Federal Reserve is expected to stick to its aggressive tightening schedule.

☆ Stocks making the biggest moves midday: Lennar, Coinbase, Array Technologies and more
▼ + stars: | 2022-09-19 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves midday Monday:D.R. Horton, Lennar, PulteGroup — Homebuilder stocks moved higher on Monday after KeyBanc double upgraded the sector to overweight from underweight. Array Technologies — The solar stock jumped over 3% after Piper Sandler upgraded Array Technologies to overweight from neutral, saying the company has more upside ahead on an improved forward outlook. AutoZone — AutoZone shares fell more than 2% as traders pored over a mixed quarterly earnings report. Wix — Shares of Wix soared 11% after activist investor Starboard Value revealed a 9% stake in the web development platform company.

☆ Here's how economies around the world are reacting to China's economic slowdown.
▼ + stars: | 2022-09-19 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

China's growth slowdown is sending ripples across the world, though the repercussions are varied based on where you look. This morning, I'm breaking down what you want to know about how the world's second biggest economy moves the world's currency and commodity markets. Beijing is navigating a slew of headwinds, including COVID-19 lockdowns and issues across property and labor markets, according to Bank of America. Meanwhile, China's slowdown has less impact in Europe because the continent's focus remains on the energy crunch and Russia, analysts noted. US stock futures, cryptocurrencies, and oil prices fell early Monday, as investors brace for the Fed, Bank of Japan, and Bank of England's rate decisions this week.

☆ Bitcoin once again slips below $20,000
▼ + stars: | 2022-09-18 | by ( ) www.reuters.com time to read: 1 min

Register now for FREE unlimited access to Reuters.com RegisterA representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken October 18, 2021. REUTERS/Edgar Su/File PhotoSept 18 (Reuters) - Bitcoin on Sunday dropped 1.54% to $19,804, slipping from the 20,000 mark after losing $310 from its previous close. The world's biggest and best-known cryptocurrency is down 58.9% from the year's high of $48,234 on March 28. Ether , the coin linked to the ethereum blockchain network, dropped 3.2 % to $1,422.1 on Sunday, losing $47 from its previous close. Register now for FREE unlimited access to Reuters.com RegisterReporting by Rachna Dhanrajani in Bengaluru, Editing by William MacleanOur Standards: The Thomson Reuters Trust Principles.

☆ Turning point for the crypto community? Where bitcoin goes from here
▼ + stars: | 2022-09-17 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +4 min

But with bitcoin coming off a nearly two-year low, the short-term temperaments are being met with a mix of positive and negative factors that are guiding where the crypto community goes from here. Proposals for more SEC oversight of the crypto community are likely to be met with hostility from the community itself, although the agency has already taken steps to enforce its regulatory agenda. "A year from now, the large trading venues will be in the process of registering with the SEC," Hougan said. Beyond the crypto community, rates of adoption from large investment firms demonstrate that digital currencies are being embraced by Wall Street, Hougan said. "Blackrock and Schwab coming in reinforces to everyday investor that bitcoin is not going away," Hougan said.

☆ Peter Thiel's fellowship program has birthed power players worth more than $220 billion collectively, including design software firm Figma that Adobe said it was acquiring for $20 billion
▼ + stars: | 2022-09-16 | by ( Katie Canales | ) www.businessinsider.com time to read: +1 min

Peter Thiel's fellowship program has been doling out $100,000 checks to young entrepreneurs for 11 years now. Adobe plans to acquire the design software firm Figma in a deal worth about $20 billion, the company announced Thursday. Figma was founded in 2012 by Dylan Field with the help of Peter Theil's fellowship program. The famed Silicon Valley investor and former Trump adviser founded his Thiel Fellowship program through his foundation for students aged 22 or younger. Here are some of the projects that have come out of Thiel's fellowship.

☆ The Merge: These 10 podcasts will help you better understand the impact of Ethereum's highly anticipated upgrade on crypto's ecosystem
▼ + stars: | 2022-09-16 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +1 min

Ethereum's Merge is complete, transitioning its network from Proof of Work to Proof of Stake. Insider compiled a list of podcasts that detail the upgrade's impact on crypto's ecosystem. Ethereum's highly anticipated upgrade, the Merge, has finally happened. The upgrade will cut the network's energy usage more than 99% by changing Ethereum's consensus mechanism from Proof of Work to Proof of Stake. Insider compiled a list of 10 podcasts to help you better understand the Merge and its impact on crypto more broadly.

☆ 5 things to know before the stock market opens Friday
▼ + stars: | 2022-09-16 | by ( Candice Choi | ) www.cnbc.com time to read: +4 min

Here are the most important news items that investors need to start their trading day:Traders work on the floor of the New York Stock Exchange during afternoon trading on September 13, 2022 in New York City. Stock futures fallWall Street was headed toward another down week with U.S. stock futures lower Friday. A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California. Bed Bath & Beyond closuresWhen Bed Bath & Beyond announced last month that it would close roughly 150 of its "lower producing" namesake stores, many people wondered if the location near them would be among those shuttered. In late August, Bed Bath said that it secured more than $500 million in new financing ahead of the key holiday season and that it was trimming its workforce, in addition to the store closures.

☆ Premarket trading: It's getting late in the game. Will the Fed risk a Hail Mary?
▼ + stars: | 2022-09-15 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

Markets plummeted as the report stoked fears that the central bank and Chair Jerome Powell would decide to hike rates more aggressively, inflicting serious economic pain. Investors are putting the odds of a three-quarter percentage point hike next week at 75%, according to CME FedWatch data. The odds for a full point hike are hovering around 25% in the wake of the inflation report, up from 0% one week ago. It meant that people understood the seriousness of the Fed’s commitment to getting inflation rates back down to 2%, he said. “I wouldn’t discount a 100 basis point rate hike,” Marvin Loh, senior strategist at State Street, told me.

☆ Radio Free Mobile: Ethereum 'merge' could have significant ramifications for tech industry
▼ + stars: | 2022-09-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRadio Free Mobile: Ethereum 'merge' could have significant ramifications for tech industryRichard Windsor, founder of Radio Free Mobile, discusses the likely impact of the Ethereum 'merge' on the tech industry, the outlook for semiconductors, and the sinking valuations of major tech companies.

☆ Ethereum's massive software upgrade just went live — here's what it does
▼ + stars: | 2022-09-15 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +8 min

The overhaul to the ethereum network fundamentally alters the way the blockchain secures its network and verifies transactions. But with the upgrade, ethereum has migrated to a system known as proof-of-stake, which swaps out miners for validators. "But the network as a whole — because of the redundancy across all this different software — will very likely be stable and fine." The rewards for validators are much smaller than those that went to proof-of-work miners, meaning that less ether will be minted as a result of this upgrade. Next few hours, days are keyThe next few hours and days will be key to gauging the health of the ethereum network post upgrade.

☆ The 'merge' has arrived — Wednesday is your last chance to buy ether before historic makeover
▼ + stars: | 2022-09-14 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +7 min

While analysts say that anticipation around the merge has helped pump up the price, some experts see the real upside coming after the merge takes place. watch nowJuicing institutional interestWith the upgrade, ethereum won't become faster, cheaper or more scalable. Research firm Fundstrat wrote in a note that a successful merge would cement ethereum as the "premier blockchain network." The bitcoin network experiences a similar type of supply reduction roughly every four years. WATCH: Bitcoin falls below $19,000 as Ethereum upgrade kicks into full gear

☆ Head of crypto strategy at Checkout.com discusses cryptocurrency
▼ + stars: | 2022-09-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe ethereum 'merge' is likely to renew confidence in ecosystem, says Checkout.com crypto strategistJess Houlgrave, head of crypto strategy at Checkout.com, says there's been an increase in the number of wallet addresses on most of the major "layer one" blockchains.

Here are 10 hiring companies where you can work from anywhere in the world. It has compiled a list of companies that posted the most work-from-anywhere job listings between January and June. It said the three industries that posted the most work-from-anywhere jobs over that period were marketing, IT, and writing-or-editing services. The most popular work-from-anywhere job titles included copywriter, social-media manager, front-end developer, executive assistant, and recruiter, Flexjobs said. Here are the 10 companies that offered the most full- or part-time work-from-anywhere jobs in the six-month period.

Pros Check mark icon A check mark. No account or trading fees, and low fees to own funds Check mark icon A check mark. Access to Certified Financial Planners at no additional charge Check mark icon A check mark. Want a low-cost, hands-off investment account that combines automated features with management from a team of human investment professionals Check mark icon A check mark. Free stock, option, ETF, and cryptocurrency trades; 1.5% APY on uninvested cash Check mark icon A check mark.

☆ Witter Family Office bets big on crypto, 'still believes' in blockchain technology
▼ + stars: | 2022-07-11 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

Sherry Pryor Witter, CEO of the Witter Family Office, said crypto and blockchain accounted for about 40% of the office's assets at their peak. "I think this is a great time to get into the better projects of crypto," said Witter, who started buying crypto tokens in 2018. A recent survey of family offices in a BNY Mellon Wealth Management and Harris poll found that 77% of family offices were exploring or investing in crypto. Family innovation Witter said innovation has always been at the heart of the Witter family. Witter admits, however, that her broader strategy of becoming a "crypto and blockchain" family office has had to shift.

Persons: Witter, Sherry Pryor Witter, Harris, Dean Witter, Dean, Michael D, Dean Witter's, Eddie Lampert, Michael, I'm Organizations: Witter Family Office, Witter Family, Mellon Wealth Management, Dean Witter & Co, Flare Network Locations: Wall, U.S, Flushing

If you're near retirement, bitcoin probably isn't right. Before adding any new investment to your retirement portfolio (including cryptocurrency), you'll want to make sure it fits into your long-term goals. How much of your portfolio should go into cryptocurrency — if any at all — depends on your financial goals and risk tolerance. Conversely, if you're decades away from retirement and want to take a risk, adding cryptocurrency to your retirement account may be an option for you. Fidelity allows you to invest up to 20% of your portfolio in bitcoin, but I wouldn't recommend investing that much.

☆ Cryptovoxels is an artist-dominated metaverse featuring wearable blunts and eclectic locales like the Temple of Doge. Here's why OpenSea CEO Devin Finzer named it one of his favorite growing NFT proje
▼ + stars: | 2022-04-25 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +18 min

As the self-described "first non-engineer hire" to join Cryptovoxels, Robinson was brought on to fix these kinds of user nuisances. As part of the next rollout of features, Robinson tells me that Cryptovoxels will allow users to sell custom dances. According to Robinson, users can make money in other ways, like selling mini-game scripts and renting land for events like dances or NFT collection releases. For some reason, the Cryptovoxels world is also abundant with shrines, like the ancient Greece-inspired Frenetik Temple and the Jedi-themed Dark Junction. It's reminiscent of attending a presentation in the real world, except instead of pinning name tags to our shirts, they're superimposed over our heads in large white letters.

It cost me more to make and list the NFT than what I made, but I have no regrets. I set up my digital wallet and an NFT accountBefore I created my NFT, I had to get my infrastructure set up. While you can create collections of NFT and sell multiple (some people sell 250 NFTs in a collection or 10,000), I decided to just create one NFT. Because of how I set up the NFT, I get 5% of the sale price every time this NFT sells, forever. This time, a collection of 250 NFTs that will hopefully net thousands of dollars.

☆ India's young investors prefer crypto to gold and 'boring' stocks
▼ + stars: | 2022-03-03 | by ( Diksha Madhok | ) edition.cnn.com time to read: +8 min

New Delhi CNN Business —Indian businesswoman Swati Daga first bought bitcoin in 2017, when the cryptocurrency was trading well under $3,000. “I find stock markets boring,” she told CNN Business, adding that she enjoys the “thrill” and “recklessness” that comes with investing in volatile currencies. The growth is driven by younger investors — mostly under the age of 35 — and many of them are coming from smaller cities and towns, founders of two of India’s biggest crypto exchanges told CNN Business. WazirX also has over 10 million users, and called 2021 a “phenomenal year” for crypto trading in India. On-again, off-again relationshipThe excitement over crypto is rising in India despite the country’s on-again, off-again relationship with digital currencies.

☆ An ex-Wall Street trader-turned financial literacy coach shares the 3 investing strategies that helped her become a millionaire at 27 — and breaks down the 5-step method she used to achieve financial
▼ + stars: | 2022-02-26 | by ( Vicky Ge Huang | ) www.businessinsider.com time to read: +7 min

Vivian Tu, an ex-Wall Street trader, now works in tech and teaches financial literacy on TikTok. She shares her 5-step method and 3 investing strategies to achieve financial independence. Unable to break the lease without paying an $8,000 penalty, Tu watched her entire savings vanish from her bank account. "It made me realize that if people who work in finance don't understand personal finance, and if people who don't work in finance don't understand personal finance, who understands this stuff," she said. "I" is for investing, which refers to both investing in assets in a brokerage account and investing in hobbies and education.

Pros Check mark icon A check mark. IPO investing available Check mark icon A check mark. IRA accounts with 1% match; fractional shares and margin investing Check mark icon A check mark. Buy, sell, or store more than 170 cryptocurrencies like bitcoin and dogecoin Check mark icon A check mark. Educational investment resources, mobile access, digital storage, and customer support Check mark icon A check mark.

Pros Check mark icon A check mark. Can exchange more than 100 crypto assets Check mark icon A check mark. Variety of educational resources and tutorials on cryptocurrencies Check mark icon A check mark. Buy, sell, or store more than 170 cryptocurrencies like bitcoin and dogecoin Check mark icon A check mark. While the standard Coinbase account includes crypto trading, Coinbase Earn, Coinbase Card, wallet services (Kraken doesn't offer a wallet), and more, Coinbase Pro caters to more advanced traders.

☆ Nancy Pelosi's husband just invested millions in 2 tech companies with lots at stake on Capitol Hill
▼ + stars: | 2021-07-12 | by ( Kimberly Leonard | Dave Levinthal | ) www.businessinsider.com time to read: +8 min

The House speaker's husband, Paul Pelosi, made two million-dollar stock trades. Pelosi's husband buys up more stocksHouse Speaker Nancy Pelosi's husband, Paul Pelosi, bought stocks in Google's parent company, Alphabet, and in Nvidia Corporation, which designs graphics-processing units for the gaming market. Drew Hammill, the speaker's spokesman, said she did not own any stock and complied with all disclosures, which require members of Congress to post stock trades for spouses and dependent children. Rep. Pat Fallon, a Republican from Texas, in a group photo with freshman members of the House Republican Conference on the House steps of the US Capitol on January 4. By federal law, members of Congress have 30 days from when they become aware of a stock trade to formally disclose it.

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