“No creo que el comercio de línea dura de la Fed haya alcanzado su punto máximo”, dijo una observadora.
CoinDesk
Dow Hits Insane High & Wall Street Owes It All to the Fed
The Dow and broader U.S. stock market set new highs on Wednesday, as investors shrugged off geopolitical tensions ahead of Independence Day. While there was no immediate catalyst for the rally, the Federal Reserve’s dovish policy shift continues to offer fuel for the record-setting pump. Dow Hits New Highs; S&P 500 Follows All of Wall […]
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Billionaire Wall Street Titan Henry Kravis Places First-Ever Crypto Bet
Kohlberg Kravis Roberts (KKR) Co-Founder Henry Kravis has decided to try his luck with cryptocurrencies. He follows in the steps of other finance hotshots such as Alan Howard, Louis Bacon, and Peter Thiel, who have all got involved in crypto. Joining the Ranks of Investor Legends Last year, CCN reported that Howard – co-founder of […]
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Dow Will Explode Past Record High and Keep Rising: Wall Street Bull
By CCN Markets: The Dow Jones Industrial Average is set to blow past its record high and keep pushing. That’s the analysis of Christopher Harvey, head of equity strategy at Wells Fargo. Harvey believes investors are wrongly building defensive portfolios when they should be bullish on stocks. He sees the Dow going higher on the back of interest rate cuts and strong corporate performance. “We think the equity move is a little bit deceiving. We think people are really misconstruing it. Everyone is saying ‘oh my goodness we’ve had such a great run, it’s time to take profits.’ But really
Cryptocurrency Scammer Dubbed ‘Coyote of Wall Street’ Pleads Guilty
By CCN Markets: A scammer that called himself the “coyote of Wall Street” has admitted to telling clients he would invest their money in cryptocurrency only to keep it for himself. Patrick McDonnell, a 46-year-old from Staten Island in New York, pleaded guilty to one count of wire fraud on Friday. He explained to U.S. District Judge Nicholas Garaufis, in comments reported by Bloomberg, that he spent the money on himself: I perpetrated a fraud. I claimed to invest it in virtual currency and spent it on personal expenses. How the “Coyote of Wall Street” Worked McDonnell, also known as
Bitcoin Price Will ‘Easily’ Blast Beyond All-Time High Soon: Wall Street Analyst
By CCN Markets: Speaking to CNBC’s Futures Now, Fundstrat co-founder and head of research Thomas Lee said that considering the momentum of bitcoin, the dominant crypto asset is likely to take out its all-time high very soon. “Well, you know I think bitcoin ultimately becomes a reserve currency in crypto, bitcoin at $ 9,000 has only been at this level in four percent of its history. We’re deep into a bull market and people are pretty silent about it. I think bitcoin is easily going to take out its all-time high,” said Lee. #Bitcoin is blasting higher, and @fundstrat's Tom Lee
Dow Creeps Higher but Fearful Wall Street Money Managers Exit Stocks Fast
By CCN Markets: Dow Jones futures rose on Tuesday, but money managers on Wall Street aren’t convinced the stock market rally has longevity. Billion-dollar investors are pulling money out of stocks and piling into cash, according to a survey by Bank of America Merrill Lynch. The investors, who manage $ 528 billion between them, are also cycling into defensive investments and treasury bonds. It’s a sure sign that investors are building defensive portfolios in the face of trade war fears and weak economic data. Dow creeps higher on hopes of Federal Reserve rate cut As of 6.44 am ET Tuesday, Dow
BitGo Hires Former Wall Street Forex Trading Exec
Crypto custody provider BitGo has hired Nick Carmi, former head of forex trading at a number of Wall Street banks.
CoinDesk
Major Darknet Marketplace Wall Street Market Shuttered by Law Enforcement
Wall Street Market, the second-largest darknet market in the world in recent months, has been shut down by international law enforcement agencies, including Europol as well as U.S., German, Dutch and Romanian law enforcement. Three suspected operators of the online marketplace for illegal goods and services have been arrested in Germany, while some of the highest-selling suppliers of narcotics were arrested in the United States.
Darknet Users Allege Wall Street Market Exit Scammed, Possibly Snatching $30M
During the first week of April, news.Bitcoin.com reported on a large swarm of darknet market (DNM) users flocking from Dream to the Wall Street marketplace. However, the migration hasn’t been as successful as it may have first seemed, with some vendors alleging that Wall Street has pulled an exit scam and ran off with $ 30 million in crypto held in escrow.
Also read: The Darknet’s Largest Marketplace Is Closing – But a Replacement Is on Its Way
Darknet Buyers Flock to Wall Street as Dream Winds Down
As the darknet’s largest market prepares to wind down, its second largest is taking the strain. When Dream closes for good at the end of April, Wall Street will become the largest darknet market (DNM), at least until Dream’s successor launches and can prove its legitimacy. Paranoia has pervaded the darknet in recent weeks amidst uncertainty over marketplace integrity and a string of high profile busts.
Also read: The Darknet’s Largest Marketplace Is Closing – But a Replacement Is on Its Way
Wall Street is Playing Chicken on Bitcoin Adoption: Hedge Fund CIO
Ari Paul, the co-founder of crypto investment firm BlockTower Capital, says bitcoin adoption is at a standstill because Wall Street is taking a “wait-and-see” approach amid the bear market. In a lengthy tweetstorm, Paul says institutional viewpoints about cryptocurrencies fall into three categories: Venture capital mindset: Is there value creation we can capture with early-stage investment? Passive bitcoin or index exposure: Is this going to be digital gold or a portfolio hedge? Is this a market where we can generate profits as service providers or through active trading? Institutions Are In ‘Wait-and-See’ Mode Paul says the three viewpoints are not
Saudi Arabia Hedges Majority of 4.9% Stake in Tesla as Wall Street Expects Musk to Forecast a Q1 2019 Loss
Saudi Arabia has reportedly slashed its exposure to Tesla. Part of the SEC’s complaint against Tesla and Elon Musk last year was related to Musk’s claims that Saudi Arabia was backing him in taking the company private. The SEC fined Tesla and Musk separately for $ 20 million each in the debacle. According to the Financial Times, the Saudi Public Investment Fund made a move on January 17th to hedge its investments against expected damage to TSLA stock. They retain their 4.9% holdings in TSLA, but they will not actually lose any money if things go south for TSLA. The arrangement
Why Wall Street Should Fear the Rise of Alexandria Ocasio-Cortez
By CCN.com: Horizon Investments Chief Global Strategist Greg Valliere has described congressional rookie Rep. Alexandria Ocasio-Cortez (D-NY) as a very real concern for the stock market because of her perceived willingness to put the financial industry’s nose to the grindstone as part of her political strategy. Horizon Investments: Watch Out for Ocasio-Cortez Speaking to Yahoo
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Why the Bitcoin Price Could Fall to $2,400 & Entice Wall Street to Buy the Dip
With the bitcoin price continuing to hover around $ 3,500 following last week’s sell-off, technical analysts have begun fevered debates about whether the flagship cryptocurrency will see more losses ahead. Crypto brokerage firm BitOoda believes that a further decline is likely but maintains that this will strengthen — not weaken — bitcoin over the long term. Does
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Netflix to Outperform Wall Street Projections, Stock Soars 50% in 3 Weeks
On January 17, Netflix raised its subscription fees by $ 1 to $ 2 following an ambitious decision to invest in a wider range of programs and shows. The move comes after the company decided to increase the yearly compensation of Netflix chief content officer Ted Sarandos to $ 31.5 million, making him one the highest paid producers
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Wall Street Strategist Tom Lee Predicts S&P Rally in 2019
Wall Street strategist Tom Lee, believes the massive sell-off in equities recorded in the U.S. financial markets within the fourth quarter of 2018 is nothing more than a “mid-life” crisis laying the groundwork for even larger gains in the financial market. Speaking in an interview with CNBC’s Fast Money: Half Time Report, Lee noted that … Continued
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Fidelity’s Man: Can Tom Jessop Bridge Crypto and Wall Street for Good?
CoinDesk profiles Fidelity’s Tom Jessop, who is leading the firm’s effort to link the worlds of digital assets and Wall Street.
CoinDesk
Former Wall Street Investor: Big Chance Crypto is Best Performing Asset in 2019
Travis Kling, a former Point72 Asset Management executive, a hedge fund that oversees $ 12.4 billion in assets, said that there is a big chance crypto becomes the best performing asset in 2019. The Ikigai Fund founder made the case that cryptocurrencies were never present during a proper bear market in traditional finance and the decline
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Dow, S&P 500 Eye Further Gains after Wild Week on Wall Street
Following a wild week on Wall Street, the US stock market looks poised to extend its latter-week recovery following the opening bell on Friday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq futures indices all pointing north as of the time of writing. Dow Seeks to Extend Recovery Dow futures had risen 111
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