Digital money platform Uphold today announced it has received a $57.5 million investment from former Fed Reserve senior analyst and Ripple chief risk officer Greg Kidd. Kidd, who will join Uphold’s board of directors, will also help fund the creation of a research and development arm, to be called Uphold Labs, through his investment vehicle … Read more
We all know we’re supposed to save a decent chunk of money for retirement so we have the ability to live comfortably once we stop working. But how much savings is enough? One good way to know is to see how your balance looks and figure out how much yearly income it can give you … Read more
Reality Shares Advisors and Amplify Trust ETF launched the first blockchain-based exchange-traded funds (ETFs) on Nasdaq and the New York Stock Exchange Arca today. Both funds went live on their respective exchanges at 9:30 a.m. EST. Reality Shares’ Nasdaq NextGen Economy ETF (BLCN) opened at $24.20, while Amplify’s Transformational Data Sharing ETF (BLOK) started closer … Read more
Litecoin has plunged to the sixth-largest cryptocurrency by market cap after losing half of its market value in less than a month. The cryptocurrency, created by former Coinbase engineer Charlie Lee in 2011 as a quicker alternative to the flagship bitcoin, was worth an all-time high of $365 as recently as December, according to Markets … Read more
UPDATE! – Become a penny stock millionaire with this BRAND NEW EBOOK from famed trader Jason Bond: The Ultimate Penny Stock Playbook. Download your FREE COPY HERE [Ed. Note: Jason Bond runs JasonBondPicks.com and is a swing trader of small-cap stocks. At the time this was published, he had no shares, options or open orders on APRN, but was watching the … Read more
The largest cryptocurrency exchange in the world by trading volume, Binance, continues to see explosive growth in spite of price reductions across the market earlier this week. The company added 240,000 users in just one hour on Wednesday Jan. 10, surpassing all previous growth records. Binance’s record growth this week is taking place in spite … Read more
About six months ago the news was littered with companies that were looking to integrate Bitcoin as a payment system. However, in the fast-paced cryptocurrency ecosystem, things have changed dramatically. Now, there is a host of companies either turning away from Bitcoin or doing a full U-turn. Microsoft recently announced that after almost three years … Read more
So you’re ready to buy some cryptocurrency. Maybe you’ve been reading up on blockchain technology and you’re convinced it really is the future. Or maybe you watched a friend get rich off Bitcoin and you’re still kicking yourself for not doing the same. Either way, buying Bitcoin, or one of the other many cryptocurrencies out … Read more
Cryptocurrency Markets are having a tough time, with major losses across most of the top 50 coins to start the day Wednesday, Jan. 10. The total market capitalization of all cryptocurrencies is down from $800 bln on Jan. 7 to around $709 bln Jan. 10. The main exception seems to be Ether (ETH), which is … Read more
Billionaire investor Warren Buffett says cryptocurrencies are headed for trouble. “We’ll never have a position in them,” Buffett, chairman and CEO of Berkshire Hathaway, told CNBC’s “Squawk Box” Wednesday morning. “I can say with almost certainty that they will come to a bad ending.” If those ominous words aren’t enough to stress investors out, earlier … Read more