Donald Trump has announced a new cryptocurrency venture called World Liberty Financial, raising concerns about potential conflicts of interest during his 2024 presidential campaign. With his sons heavily involved, Trump is positioning himself as the "crypto candidate," despite his previous skepticism of the industry. The venture, which remains vague in its goals, is entering a highly speculative and volatile market. Critics are questioning how Trump’s potential return to the Oval Office could impact his business interests, particularly in the cryptocurrency space. This new project adds another layer of complexity to Trump's business and political pursuits.
Read More »Flutter Entertainment in Advanced Talks to Acquire Playtech’s Italian Unit Snaitech
Flutter Entertainment (NYSE: FLUT) is in advanced discussions to acquire Playtech's Italian subsidiary, Snaitech, in a deal potentially valued at £2 billion ($2.6 billion). This acquisition aligns with Flutter's strategy of expanding its global footprint through strategic acquisitions, particularly in key markets like Italy. The market has responded positively to the news, with significant increases in the share prices of both companies. While the transaction could enhance Flutter's leadership in the global gambling industry, both companies have emphasized that there is no certainty that the deal will be completed.
Read More »December European Car Sales Decline but January Rebound Highlights Mixed Market Signals
In December 2023, Europe saw a decline in new-vehicle registrations, the first in 17 months, primarily due to decreased electric vehicle (EV) demand. However, January 2024 marked a resurgence, especially in Germany, with a 19% increase in passenger car registrations and a 37% rise in new plug-in electric car registrations. Despite facing economic uncertainties and reduced incentives, brands like Mercedes-Benz, BMW, and Audi led in EV registrations. This mixed market response underscores the crucial role of policy support and strategic industry adjustments in navigating the evolving automotive landscape towards sustainable mobility.
Read More »The Bitcoin Rollercoaster
The world of cryptocurrencies has never been short of dramatic twists and turns, and the recent events surrounding Bitcoin are a testament to this volatility. In a matter of days, Bitcoin’s price experienced a significant tumble, sending shockwaves throughout the cryptocurrency market. SpaceX’s Influence? The calm that had seemingly settled …
Read More »The EU is making it more difficult for criminals to misuse cryptocurrencies for criminal purposes
As crypto and digital currencies become more common in the real world, more rules and regulations need to be implemented to stop “bad” people from using these currencies for doing bad stuff. Governing bodies across the world have been struggling to catch up with the new and innovative ways criminals …
Read More »What Is Blockchain Technology? What Are Its Current (and Future) Applications?
Blockchain technology (BT) is a term you’ve probably heard several times in the past few months, particularly in relation to cryptocurrencies, and you are not alone if you are asking just what it is so this article answers that question and discusses some of its applications. What Is Blockchain Technology? …
Read More »Invest In Blockchain Technology & Crypto Sector with These ETFs
There is a tremendous amount of similarity among cryptocurrency ETFs, funds and trusts and in their stock performances so, after analyzing each, we have come up with 2 ETFs that consistently outperform all the others and delve into the reasons why.
Read More »Edison Lithium: The Need For Lithium is Major
Lithium is a silvery-white and very soft metal that belongs to the group of alkali metals in the periodic table. There are three main sources of lithium: (1) brine, (2) hard rock deposits, and (3) clay. About half of global lithium is produced from groundwater brine enriched in dissolved lithium. The …
Read More »Stablecoins: What You Need To Know
What are stablecoins? How many types are there? What are they used for? Can you invest in them? What is their future? This article has the answers to these 5 questions. Stablecoins: A Definition According to Alex Gailey, in an article for time.com/nextadvisor from which much of the information for …
Read More »Invest In Cryptocurrencies With ETFs, Funds or Trusts: Here Are 31 Easy Ways
Is going about owning “physical” cryptocurrencies a little too technical for you but you would still like to be involved in the marketplace? Well, here’s the answer: buy an ETF that consists of companies involved in the sector but without the associated risk of self-custody within a digital wallet. There …
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