Finance

According to a recent study conducted by the University of Technology Sydney, researchers estimated that insider trading occurs in 10% to 25% of cryptocurrency listings. In deriving the conclusion, researchers first sampled 146 token listing announcements on cryptocurrency exchange Coinbase between Sept. 25, 2018 and May 1, 2022. Afterward, researchers examined the price movements of…

It can be very easy to get carried away by the hype about the quality of exchange-traded funds (ETFs). Yet they still carry many of the same risks as stocks and mutual funds, as well as some risks unique to ETFs. Here’s a look at the “fine print” for ETFs. Key points to remember ETFs…

Key points to remember Analysts estimate adjusted EPS at $0.91 versus $0.56 in Q2 2021. Revenue is expected to grow, but at a slower pace than the prior year quarter. Analysts expect revenue to grow at a healthy, but slower pace. Advanced Micro Devices, Inc. (AMD) has seen dramatic growth in earnings and revenue over…

The eNaira, Nigeria’s central bank digital currency (CBDC), will enter the second phase of its expansion with new technology to beef up its user base, Nigerian Central Bank governor Godwin Emefiele said Thursday, speaking at the 2022 eNaira Hackathon in Abuja. The eNaira, Africa’s first CBDC, was launched in October 2021. “The eNaira is a…

What is SEC Form 19b-4? SEC Form 19b-4 is a form used to notify the Securities and Exchange Commission (SEC) of a proposed rule change by a self-regulatory organization (SRO) pursuant to Rule 19b-4 under the Securities Exchange Act of 1934. An SRO is a non-governmental body that exercises some degree of regulatory authority over…

Bitcoin (BTC) and most major altcoins witnessed a sharp sell-off on Aug. 19, but there does not seem to be a specific trigger for the sudden drop. The sharp fall resulted in liquidations of more than $551 million in the past 24 hours, according to data from Coinglass. Barring a V-shaped bottom, other formations generally…

Shares of Twitter, Inc. (TWTR) rose 2% during Wednesday’s session after MKM Partners upgraded the stock to buy and raised its price target to $60 per share. Key points to remember Shares of Twitter rose during Wednesday’s session after MKM Partners raised its price target from $47 to $60 per share. Analyst Rohit Kulkarni believes…

If you’re looking for help with your credit score, The Credit Pros may be one of the first companies you’ll come across. Unlike most other credit repair companies, The Credit Pros does things a bit differently. You can get help with repairing your credit, yes—but you can also get help with building your credit up…

One of the most substantial value propositions of Bitcoin (BTC) is that no one can create more of it apart from its fixed supply. However, an executive from a crypto exchange made a bold claim that some exchanges can create and sell BTC that’s only in their system, not on the blockchain, to manipulate the…