FTX.US, the United States-based affiliate of Sam Bankman-Fried’s cryptocurrency exchange FTX, is acquiring crypto derivatives platform LedgerX for an undisclosed amount. FTX.US’ owner West Realm Shire Services announced on Aug. 31 that the company had executed a sale and purchase agreement to acquire LedgerX’s parent company Ledger Holdings. The deal is expected to close, pending satisfaction
Month: August 2021
Anthony Scaramucci, CEO and founder of SkyBridge Capital, thinks Bitcoin (BTC) can reach $100,000 before the end of the year, mainly due to the exponential growth in demand every month. “The bottom line is you have the limited and fixed supply of Bitcoin and you have every month exponentially more demand,” Scaramucci told Cointelegraph in
OLIVIER DOULIERY | AFP | Getty Images Millions of people are poised to lose their unemployment benefits this weekend, when federal pandemic-era policies will end. Congress authorized a historic expansion of the country’s safety net for jobless individuals in March 2020 to manage the fallout of the Covid-fueled economic downturn. Lawmakers twice extended those temporary
“Ethereum’s ascent to the top of the cryptoverse seems unstoppable,” declared Nigel Green in mid-August, and it’s not hard to see why the deVere CEO thinks this. DeFi is on a tear, NFTs are mushrooming, Ethereum (ETH) remains more scalable than Bitcoin (BTC) and it also offers more uses including smart contracts. Moreover, Ethereum will
Real estate agents Rosa Arrigo, center, and Elisa Rosen, right, work an open house in West Hempstead, New York on April 18, 2021. Newsday LLC | Newsday | Getty Images Home prices rose 18.6% annually in June, up from the 16.8% increase in May, according to the S&P CoreLogic Case-Shiller national home price index. That
The pandemic has put college affordability and student debt in the spotlight. As the economy continues to recover from Covid, the price of higher education is now the biggest financial consideration among college-age Americans and their parents. At the same time, the cost a four-year college or university has never been higher. Tuition and fees, alone, reached
Adina Eigen took her first trip to the British Virgin Islands in December 2020. Around that time, it had one of the world’s lowest Covid rates among islands that had reopened. The 42-year-old mother of four from Sands Point, New York, has since returned twice, checking infection rates — and vaccination statistics — before her
Deciding if and when to expand a business isn’t an easy task. When partners disagree, it also adds some tension into the mix, especially if they are married. For Chris and Emily Elias, it was a debate over whether to broaden their existing mobile dog-grooming business, Massapequa, New York-based The Ruff Life, into other cities
The United Arab Emirates (UAE) and Dubai are among the friendliest jurisdictions for the cryptocurrency industry, according to Stephen Stonberg, CEO of Bittrex Global crypto exchange. Dubai is likely to benefit from the expanding crypto market in the Middle East as local regulators increasingly accept blockchain-related technologies, Stonberg said in a Sunday Bloomberg interview. The UAE
Institutional inflows to altcoin investment products have continued to increase this past week, but the same cannot be said for Bitcoin. In its Digital Asset Fund Flows Weekly report on Aug. 30, institutional asset manager CoinShares identified overall inflows of $24 million to altcoin-based investment products. The capital flows mark the second consecutive week of
The cryptocurrency market once again finds itself waiting for some form of catalyst to get the prices moving and this week commenced with the market moving sideways as Bitcoin struggles to find its footing near $48,000. Several altcoins have managed to break free of the wider market malaise and post impressive gains, giving credence to
The mansion at 1108 Wallace Ridge in Beverly Hills, California is 18,000 square feet and unfolds over two levels. Mark Angeles It took six years for this $65 million megahome to rise up on a ridge in Los Angeles. Back in 2014, an outdated mansion sat on the half-acre lot at 1108 Wallace Ridge. It
Alexi Rosenfeld | Getty Images Even as the delta variant of Covid-19 upends return to work and school plans, many parents who are now sidelined are plotting a return to work. About 81% of parents who are looking for job openings are planning to do so for financial reasons, according to a new survey conducted
SDI Productions Expecting an enhanced write-off for charitable gifts in 2021? The deduction won’t look the same as it did in 2020, according to tax experts. As the pandemic ravaged American lives, Congress added a provision to the CARES Act to spark more charitable giving: an improved tax deduction for cash gifts up to $300
In this article PYPL SQ HOOD The PayPal app shown on an iPhone Katja Knupper | DeFodi Images | Getty Images PayPal is exploring a possible stock-trading platform. After rolling out the ability to trade cryptocurrencies last year, the payments giant has been exploring ways to let users trade individual stocks, according to two sources
Former Theranos CEO Elizabeth Holmes leaves after a hearing at a federal court in San Jose, California, July 17, 2019. Stephen Lam | Reuters Nearly a decade ago, Elizabeth Holmes was proclaimed the golden girl of Silicon Valley, and briefly crowned America’s youngest female self-made billionaire. This week, she’ll walk into a San Jose federal
A dicey situation reminiscent of the dot-com bubble may be unfolding on Wall Street. According to BTIG’s Julian Emanuel, the market’s record price action is mimicking late 1999, and it could spark a 10% to 20% correction within the next month. “Be very much aware of the fact that if and when it reverses, the
In this article ZM Zoom CEO Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Zoom shares fell as much as 10% in extended trading on Monday after the video-calling software maker reported fiscal second-quarter earnings that beat analysts’ expectations, but showed slowing
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