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The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that the Federal Reserve’s continued rate hikes will crash stocks, bonds, real estate, as well as the U.S. dollar. He expects the next crash to be the “$1 quadrillion derivatives market.” Robert Kiyosaki on Interest Rate
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On Thursday, stocks of cinema mainstays, including AMC and IMAX, jumped on news that Apple plans to boost its theater visibility. Cinema stocks climbed Thursday following reports that Apple (NASDAQ: AAPL) plans to spend $1 billion yearly on theatrical film releases. This investment is part of the tech giant’s efforts to increase its visibility in
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Coinbase shares were up close to 7%, while those of MicroStrategy (MSTR), which holds billions of dollars of bitcoin on its balance sheet, were up 7.7%. Crypto mining stocks were up significantly, as well, led by Riot Platforms (RIOT), up 12%. Shares of Hut 8 (HUT) and Hive Blockchain Technologies
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Silicon Valley Bank’s (SVB) collapse has had a “limited impact” on the European Union but authorities must still “stay alert” to events as they unfold, European Commissioner Mairead McGuinness has said. Despite McGuinness’ reassuring remarks, stocks of Europe’s largest banks still plunged by as much as 10% on March 15. Silicon
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The extent of the mining sector's exposure to crypto-friendly Signature Bank is unclear. Marathon Digital Holdings (MARA) on Monday said it still had access to $142 million in deposits the now-shuttered lender. CleanSpark (CLSK), Bitfarms (BITF) and Argo Blockchain (ARBK) said on Monday they have no exposure to either Signature
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The price of bitcoin on Sunday bounced as high as $22,600 on the news. It's currently pulled back a bit to $22,100. Among stock movers this morning, MicroStrategy (MSTR) is higher by 5.6%. Bitcoin miners Marathon Digital (MARA) and Riot Platforms (RIOT) are up 5.5% and 2.6%, respectively. Crypto exchange
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The show Macro Markets, hosted by Marcel Pechman, which airs every Friday at 12 pm ET on the Cryptox Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses on the cause and effect of traditional financial events on day-to-day crypto activity.In today’s episode, crypto analyst Pechman
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Fears have been heightened over the future of another United States bank this week after Silicon Valley Bank (SVB) announced a significant sale of assets and stocks aimed at raising additional capital. However, some investors may be concerned that not all is well at the tech startup and VC-focused bank,
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Salesforce has doubled down on its share buyback program which it commenced last year and said it will be committing the sum of $20 billion to the initiative. The shares of the American cloud-based software company Salesforce Inc (NYSE: CRM) are leading Wall Street momentum today as it jumps 15.79% in
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Bitcoin (BTC) wicked to five-day lows on Feb. 22 as a comedown for United States equities continued.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst on Bitcoin: "Waiting for a bit lower"Data from Cointelegraph Markets Pro and TradingView recorded lows of $23,871 on Bitstamp, with S&P 500 futures slipping under 4,000 ahead of
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