Can a mature market emerge from crypto’s colorful past?

Can a mature market emerge from crypto's colorful past?

Following the colossal rise of cryptocurrencies in 2017, a sudden reversal in the market sent valuations and market cap growth into a steep decline, resulting in the downturn known by most as “crypto winter”. While many had hoped for a rebound, the bear market has now persisted for an entire year and is still very much in effect today. As crypto companies continue to grapple with diminishing capital, they are facing mounting pressure. In recent months, the industry has been plagued with numerous reports of layoffs, collapsing divisions, and ongoing…

Don’t Let the Great Recession Haunt Your Investing Dreams

Don’t Let the Great Recession Haunt Your Investing Dreams

Next month marks the 10-year anniversary of the current bull market’s beginnings. Yet many Americans remain reluctant to invest in the stock market, a scary hangover from the Great Recession. From October 2007 to March 2009, the S&P 500 plummeted nearly 57% and it took more than five years for the index to recover. But the share of Americans with money invested in the stock market still hasn’t returned to pre-recession levels, according to various studies. In 2018, a Gallup Poll survey found 55% of respondents were invested in stocks…

Crypto Surveillance Startup Raises $3M To Expand Machine Learning Capabilities

Crypto Surveillance Startup Raises $3M To Expand Machine Learning Capabilities

Solidius Labs, a crypto surveillance startup founded by engineers who previously worked for Goldman Sachs, has raised three million U.S dollars to expand its development of machine learning cryptocurrency trade surveillance. The startup said that the seed funding round was spearheaded by Hanaco Ventures. Others who chipped in were Norman Sorensen, Global Founders Capital, and David Krell. The amount raised would be used to further develop its platform which uses artificial intelligence and machine learning to monitor trading of virtual assets. Purpose Of The $3 million The funds will also…

More Marijuana ETFs Are Right Around the Corner — The Motley Fool

More Marijuana ETFs Are Right Around the Corner -- The Motley Fool

Legal marijuana has sparked an investing revolution, and companies have sprung up quickly to capitalize on the cannabis craze. With legalized recreational marijuana throughout Canada and in many U.S. states, there’s plenty of opportunity for cannabis cultivators to sell their goods, and investors are finding that more companies are looking to go public and make their shares available to meet demand. Despite the popularity of marijuana stocks, there’s been a surprisingly limited number of options for investors who prefer the diversification that exchange-traded funds provide. Most of the business early…

First Personal Financial Services Has $5.42 Million Position in iShares Intermediate Credit Bond ETF (CIU)

First Personal Financial Services lowered its stake in shares of iShares Intermediate Credit Bond ETF (NASDAQ:CIU) by 5.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 103,386 shares of the company’s stock after selling 5,545 shares during the quarter. iShares Intermediate Credit Bond ETF comprises approximately 1.9% of First Personal Financial Services’ holdings, making the stock its 9th largest holding. First Personal Financial Services’ holdings in iShares Intermediate Credit Bond ETF were worth $5,420,000 as of its most recent…