Scott Beck, CEO of United Texas Bank, called on members of the state’s blockchain working group to recommend a policy for leaving stablecoins to banks rather than crypto firms. Speaking before the Texas Work Group on Blockchain Matters in Austin on Friday, Beck suggested limiting the issuance of United States dollar-backed stablecoins to licensed banks…
When it comes to estate planning, Canadians don’t have to deal with estate taxes like US citizens. However, what many people don’t realize is that a “deemed disposition tax” applies when you die. In this article, we’ll give you tips for minimizing your estate’s exposure to this tax and structuring your estate plan to ensure…
Peloton Interactive, Inc. (PTON) hit an all-time high on Wednesday and may complete a breakout in the next few sessions, hitting $200. The rally appears technical in nature, after a modest pullback from the 20-day simple moving average (SMA), which also marks December support near $140. Buying interest has barely budged from all-time highs between…
Japanese financial giant SBI Holdings has partly terminated cryptocurrency mining in Russia due to geopolitical uncertainty and the crypto winter. SBI Holdings suspended mining operations in Russia’s crypto mining-rich region of Siberia, citing reasons like the Russia-Ukraine conflict and the ongoing bear market, Bloomberg reported on Thursday. The Japanese online brokerage shut down the Siberian…
A stock exchange is, by definition, a market where stocks can be bought and sold at certain times of the day. It functions as an entity that provides orderly trading and efficient dissemination of price quotes for publicly listed companies. Exchanges generally take place from Monday to Friday. The Saudi Stock Exchange is an exception…
Monitoring price changes using charts is one way to stay updated on the market trends. However, technical or fundamental analyses and tracking other market metrics are not the only means of becoming a successful trader. For example, a disciplined approach that includes maintaining a trading journal would protect you from making emotional decisions concerning your…
Shares of Plug Power Inc. (PLUG) fell more than 5% during Thursday’s session after JPMorgan began hedging with a neutral rating and a price target of $60.00 per share. Key points to remember Plug Power shares fell sharply after JPMorgan initiated a hedge on the stock at Neutral with a price target of $60. This…
Investors today are all looking for ways to earn higher returns. Here are some proven tips to help you improve your returns and possibly avoid some costly investing mistakes. For example, should you choose stocks or bonds or both? Should you invest in small or large companies? Should you choose an active or passive investment…
Under the mattress, in the seams of a piece of luggage or even rolled into a cigar, what are the worst and best ways for keeping a seed phrase safe? The key to unlocking and recovering cryptocurrency, a seed phrase, should be secured and safe. Especially now that prices are low and the crypto tourists…