Author: Anthony M. Orbison
How to Trade Like a Pro: A Beginner’s Guide Trading in the financial markets can be a thrilling and rewarding experience, but it can also be intimidating and overwhelming for beginners. With so many different markets, instruments, and strategies to navigate, it’s easy to feel like you’re drowning in a sea of complexity. However, with the right guidance and approach, anyone can learn to trade like a pro. In this article, we’ll provide a beginner’s guide to help you get started on your trading journey. Understand the Basics Before you start trading, it’s essential to understand the basics of trading…
MicroStrategy CEO Michael Saylor announced on September 20 that it has purchased an additional 7,420 bitcoins for approximately $489 million. The company now holds over 252,000 Bitcoin, acquired for $9.9 billion. Since 2020, MicroStrategy has adopted a Bitcoin-focused corporate strategy, taking advantage of Bitcoin’s potential as an inflation hedge and store of value. The company has accumulated over 252,000 bitcoins worth more than $15 billion, substantially increasing shareholder value.MicroStrategy has borrowed money by issuing convertible senior notes to fund its Bitcoin purchases. It recently raised over $1 billion through note offerings, partly to acquire more Bitcoin. Other public companies have…
As the U.S. presidential election approaches, it’s worth examining how past elections have influenced Bitcoin’s price. Historically, the U.S. stock market has shown notable trends around election periods. Given Bitcoin’s correlation with equities and, most notably, the S&P 500, these trends could offer insights into what might happen next.S&P 500 CorrelationBitcoin and the S&P 500 have historically held a strong correlation, particularly during BTC’s bull cycles and periods of a risk-on sentiment throughout traditional markets. This could phenomenon could potentially come to an end as Bitcoin matures and ‘decouples’ from equities and it’s narrative as a speculative asset. However there’s…
The U.S. Securities and Exchange Commission (SEC) has just granted approval for the listing and trading of options on BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT).BREAKING: 🇺🇸 SEC approves options for BlackRock's spot #Bitcoin ETF. pic.twitter.com/g7R8rSLRI1— Bitcoin Magazine (@BitcoinMagazine) September 20, 2024 The approved options on the iShares Bitcoin Trust will be physically settled, meaning that when the option is exercised, Bitcoin will be delivered to fulfill the contract. These American-style options can be exercised at any time before the expiration date, providing flexibility for traders. According to the SEC, the listing will follow the same rules as…
Bhutan has illustrated how Bitcoin and the mining process can bring forth tremendous revenue, with the country making $750M from mining Bitcoin. After being publicly condemned by governments worldwide, Bitcoin (BTC) emerged as a popular asset. Several developing nations have developed a new interest in cryptocurrency, with Bitcoin taking charge.Despite its modest GDP of $3 billion, the East Himalayan Kingdom of Bhutan has shown developing nations how Bitcoin mining can improve economies. According to a recent report by Arkham Intelligence, Bhutan was seen holding a staggering 13,029 BTC. This is worth about $758 million. Less than 900,000 people live in…
By Scott Murdoch and Himanshi Akhand (Reuters) -Australian property listing firm REA Group has made a third pitch to buy British rival Rightmove (OTC:) with a new 6.1 billion pound ($8.12 billion) offer on Monday after its two previous offers were rejected. The latest offer consists of 341 pence in cash and 0.0422 new REA shares giving Rightmove an implied value of 770 pence per share. Shares of REA, which is 62% owned by Rupert Murdoch’s News Corp (NASDAQ:), dropped 1.52% on Monday. Rightmove did not immediately respond to a request for comment on the new non-binding bid outside normal…
The nuclear energy sector comprises companies involved in the production of nuclear power and related technologies. These firms range from uranium miners to nuclear plant operators and equipment manufacturers. Nuclear energy stocks represent ownership in these companies traded on public exchanges. The sector has gained renewed attention due to its potential role in reducing carbon emissions. Nuclear power offers a reliable, low-emission source of baseload electricity. Investing in nuclear energy stocks can present unique opportunities. Nuclear power plants provide consistent energy output, potentially leading to stable revenue streams. The sector may benefit from increasing global focus on clean energy solutions.…
One of the leading financial regrets among retirees is wishing they had prioritized saving during their working years. However, several years of persistent inflation and skyrocketing consumer prices have made making ends meet difficult for many American households.Unfortunately, saving for retirement has become harder to balance with competing financial obligations. However, most experts note that consistently contributing to your 401(k), IRA, or 403(b) accounts from a young age is the most ironclad retirement strategy.Related: Social Security benefits report confirms major changes are comingWe spoke with Ric Edelman, Founder of Edelman Financial Engines and The Truth About Your Future, to examine…
HANOI (Reuters) – South Korean electronic manufacturer Samsung (KS:) Display Co plans to invest $1.8 billion for a factory this year in northern Vietnam to produce OLED displays for automobiles and technology equipment, the Southeast Asian country said on Sunday. The new facility for the manufacture of organic light-emitting diode (OLED) displays will be located in Yen Phong industrial park in Bac Ninh province east of Hanoi and close to an existing Samsung electronics plant, the government said in a statement released after the meeting between Prime Minister Pham Minh Chinh and the General Director of Samsung Vietnam Choi Joo…
(Bloomberg) — Apollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., according to people familiar with the matter, in a move that would be a vote of confidence in the chipmaker’s turnaround strategy.Most Read from BloombergThe alternative asset manager has indicated in recent days it would be willing to make an equity-like investment of as much as $5 billion in Intel, said one of the people, who asked not to be identified discussing confidential information. Intel executives have been weighing Apollo’s proposal, the people said.Nothing has been finalized, the size of the potential investment could…