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Oracle
No TikTok deal is no problem for Oracle
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Author: Jeffrey Taylor

Oracle in partnership with Walmart planned to buy the US assets of the Chinese-owned viral video app, TikTok. With the exit of Donald Trump from the White House, this plan is now in the dumps. However, investors are seemingly unbothered by the turn of events. They’re still very much treating Oracle like it is a […]

20 Jun 2021
Will the Digital Dollar Be the Downfall of Bitcoin?
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Author: Maria Andretti

Last week, Michael Sonnenshein, CEO of Grayscale, and Greg King, CEO of Osprey, were interviewed on CNBC’s “ETF Edge.”  Grayscale runs the largest bitcoin-based fund in the world. The fund, “Grayscale Bitcoin Trust” has over $24 billion in assets under its management. While Osprey controls the Osprey Bitcoin Trust and the Osprey Algorand Trust. Osprey […]

15 Jun 2021
Bill Ackman’s SPAC deal is rewriting the rules for SPACs
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Author: Jeffrey Taylor

Bill Ackman, founder and CEO of Pershing Square Capital Management has made a move that could change how SPACs operate. This has been dubbed SPAC 2.0 by some. Ackman’s newly established SPAC, Pershing Square Tontine Holdings (PSTH), based in New York, was incorporated in 2020 with a current market value of $4.57 billion. Ackman is […]

14 Jun 2021
Ransomware attack on Colonial Pipeline rubs off on Bitcoin
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Author: Michael Stern

On May 7th, Colonial Pipeline Co. a US-based oil pipeline system was a victim of a ransomware attack allegedly orchestrated by the Eastern-European-based hacker group, DarkSide. It happened that the hackers requested the ransom be paid in cryptocurrency.  The CEO and president of Colonial Pipeline, Joseph Blount, Jr., announced a day after the attack that […]

9 Jun 2021
Federal Reserve Considers a Digital Dollar, Governor Advocates
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Author: Maria Andretti

The US Dollar is a currency that is widely accepted around the world for international business transactions. It holds a high value and prestige in the world compared to most currencies. Digital currency is the craze of the day that is gradually taking its place in nations of the world. It’s gained so much value […]

7 Jun 2021
Colorado Beams on Crypto as Market Craves Recovery
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Author: Jeffrey Taylor

Crypto is gradually becoming a household name that not only developers but everyone can relate with. Colorado Governor Jared Polis is about to head the political arm of the house. During the virtual summit, ‘Consensus,’ hosted in May on CoinDesk, a crypto news site, Gov. Jared Polis expressed his thoughts on how he would want […]

2 Jun 2021
The Week’s Big Event Is the Jobs Report for May
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Author: Michael Stern

As the market enters the often weak month of June, the big event in the world of finance is the U.S. jobs report for May. May was anything but a stellar month, finishing with mixed performance. Both the Dow and Standard and Poor ticked up, with the Dow going up by 1.9 percent. The tech-heavy […]

1 Jun 2021
The U.S. Economy Is Getting Close to a Full Recovery
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Author: Maria Andretti

It is well over a year since the pandemic took hold. Although it has been a tough time, and it is not over yet, the economy in the United States is poised to recover. However, there are still roadblocks that make reaching this milestone difficult. CNN’s “Back-to-Normal Index” was developed in co-operation with Moody’s Analytics. […]

28 May 2021
Cryptocurrency Ends the Week in a Slump
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Author: Michael Stern

To say the least, Friday capped what was an up-again, down-gain week for crypto. After China took a second swipe at Bitcoin in less than three days, traders were aggressively selling. At the end of the day, Bitcoin fell by 12 percent, Ethereum by 20 percent, and Dogecoin by 18 percent. The drop in the […]

26 May 2021