Author: Anthony M. Orbison
Este artículo también está disponible en español. Cardano is trading at a crucial supply level that could spark a significant rally to new highs. After last week’s interest rate cut, optimism has surged among analysts and investors, with many anticipating strong upward momentum for the altcoin. Related Reading This positive sentiment is reflected in spot trading and the futures market, where key data from Coinglass reveals a bullish inclination. The key market sentiment indicator of the funding rate suggests that traders are positioning themselves for a potential breakout. If Cardano breaks past its current resistance, a 20% surge is expected,…
The Securities and Exchange Commission slapped DraftKings with a penalty on Wednesday after regulators alleged the company’s public relations team shared too much information on the CEO’s personal X and LinkedIn accounts. According to the SEC, the public relations team for the $20 billion fantasy sports and casino platform published a post on CEO Jason Robins’ personal X, formerly Twitter, account and on LinkedIn, stating, “There’s massive potential for growth in new markets—but we’re still seeing really strong growth in existing states. Our 2018-2019 state vintage grew over 80% on the revenue basis year-over-year in Q1. With those numbers, we…
It is no secret that the retail industry in the U.S. has experienced some rough patches, leading many companies, especially those in the fashion industry, to report declining earnings and cut-down outlooks.Americans have changed their mindset by spending more cautiously and making more conscious decisions, opting for what offers them better value for their money. Related: Nike’s DTC push leads company back to a familiar exThere are nearly 262 thousand videos on TikTok with the hashtag #Dupe, in which people promote products that aim to imitate other pricier items at a fraction of the cost.Additionally, there are over 5 million TikTok videos…
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The Journey to Trading Success: An Interview with a Seasoned Trader As I sat down with John, a seasoned trader with over a decade of experience in the markets, I was eager to learn more about his journey to trading success. With a wealth of knowledge and expertise, John has built a reputation for himself as a shrewd and disciplined trader. In this interview, he shares his insights on what it takes to achieve long-term success in trading, and the lessons he has learned along the way. Early Days: Trial and Error John began his trading journey in the early…
United Atlantic Ventures LLC (UAV) has divested over 7.5 million shares of Trump Media’s stock, according to a 13G regulatory filing made with the Securities and Exchange Commission (SEC) on Thursday.The filing reveals that UAV now owns less than 5% of the company’s common stock. This follows the merger in late March, during which UAV held 7,525,000 shares, representing 5.5% of the company’s stock. As of the filing date, UAV’s holdings have significantly decreased to just 100 shares. Andrew Litinsky, the managing member of UAV, is considered to share beneficial ownership of these shares, per the filing.In February 2021, Litinsky…
By David French and Milana Vinn (Reuters) -Private equity firm TPG has agreed to buy a minority stake in Homrich Berg, an investment that would allow the wealth management firm to pursue growth opportunities, the companies said on Thursday. No financial terms were given in their statement, which confirmed a Reuters report earlier in the day in which sources familiar with the matter said TPG’s investment valued Homrich Berg at around $1 billion. Homrich Berg’s management team will retain control of the business in the wake of the TPG deal, with private equity firm New Mountain Capital also a minority…
Este artículo también está disponible en español. Ethereum, the second-largest cryptocurrency by market capitalization, has yet to reclaim the $3,000 price level since early August. Since the beginning of September, Ethereum has mostly traded below $2,600, but this week brought a glimmer of hope for investors as it finally managed to break above the $2,600 threshold. Now that this resistance threshold has been broken, the next outlook is a continued surge up until the $3,000 price level. An analysis on the CryptoQuant platform points to a potential catalyst for this move to the upside. Notably, this analysis identifies an emerging bullish…
From Beginner to Pro: An Interview with a Trader Who’s Made it Big As the world of finance continues to evolve, the art of trading has become increasingly popular. With the rise of online trading platforms and the ease of access to financial markets, more and more individuals are taking the leap to become traders. However, the journey to success is not an easy one. It requires dedication, hard work, and a deep understanding of the markets. In this article, we sit down with John, a trader who has made a name for himself in the industry. With over a…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseSir Keir Starmer has said he will meet Donald Trump, but not vice-president Kamala Harris, during his trip to the US.The UK prime minister is due to meet the Republican presidential candidate at Trump Tower on Thursday evening.Starmer travelled to New York this week to attend the UN General Assembly, and has also scheduled meetings with senior executives such as Larry Fink of Blackstone and Brad Smith of Microsoft. Speaking to reporters earlier on Thursday, the prime minister confirmed his…