Cash News With a change in its business practices, GameStop Corporation GME allows CEO Ryan Cohen the ability to buy and sell stocks and cryptocurrency with the company’s cash. While GameStop hasn’t added Bitcoin BTC/USD to its balance sheet yet, the company did help one customer turn a small purchase into a full BTC worth […]
CashNews.co A worker sweeps the floor at the Nasdaq MarketSite in New York, US, on Monday, Sept. 16, 2024. Yuki Iwamura | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where […]
CashNews.co BlackRock Labels BTC a Unique Diversifier On Thursday, MicroStrategy (MSTR) founder and Chairman, Michael Saylor, shared BlackRockâs (BLK) latest research paper, describing BTC as a unique diversifier, stating, âFor investors, #Bitcoin is a unique diversifier. BlackRock has published some excellent research on this topic, which articulates the value of bitcoin and dispels popular misconceptions.â […]
Cash News Louisiana has set a record by becoming the first state to accept cryptocurrency payments for state services. State Treasurer John Fleming said that starting September 17, residents can pay for some state services using Bitcoin, Bitcoin Lightning Network, and USD Coin. The first payment was made to the Louisiana Department of Wildlife and […]
![Funds set to benefit from falling interest rates [Video] #UKFinance](https://i3.wp.com/res.cloudinary.com/glide/image/fetch/https%3A%2F%2Fs.yimg.com%2Fny%2Fapi%2Fres%2F1.2%2FMjs.03ATJe_smzri.9o6AQ--%2FYXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04Mzc-%2Fhttps%3A%2F%2Fmedia.zenfs.com%2Fen%2Faol_uk_yahoo_finance_uk_141%2F42365dd82ec42cd53cbd31274732d747?w=1200&resize=1200,837&ssl=1 "Funds set to benefit from falling interest rates [Video] #UKFinance")
CashNews.co Major central banks have started lowering interest rates, with more cuts on the cards before the year is out, and investment experts say it’s important to position your portfolios accordingly. The US Federal Reserve announced its first rate cut in more than four years on Wednesday, reducing rates by 50 basis points to a […]
CashNews.co (Bloomberg) — Indiaâs central bank chief Shaktikanta Das has pulled off a rare balancing act: Clamping down on volatility in the rupee while allowing it to drift lower to aid Prime Minister Narendra Modiâs export ambitions. Most Read from Bloomberg The Reserve Bank of Indiaâs foreign-exchange reserves have swelled to almost $700 billion in […]
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Cash News Hereâs a quick look at stocks likely to be in focus in today’s trade. Reliance Infrastructure: The Anil Ambani-led Reliance Infrastructure Ltd announced plans on Thursday to raise up to âč6,014 crore through a combination of share and convertible warrant sales. This announcement follows the company’s settlement of an arbitration dispute with Adani […]
Cash News Last May, David Gan sent a cryptic email to the investors in his blockchain-focused venture firm, Inception Capital. Gan informed them that his father, a retired high-ranking Chinese government official, was under investigation and that he would be traveling to China. Then, according to investors who spoke with Fortunehe went silent. The investors, […]
CashNews.co Not so long ago, Germany was considered the engine of the EU economy. When things went wrong for other countries in the bloc, there was always the hope that Berlin would come to the rescue. But now, it seems that the safety net is slowly deflating: the country’s industrial production has fallen below 2017 […]