The stock market was in free fall. The coronavirus pandemic was spreading out of control, businesses were shutting down, and unemployment was skyrocketing. But a few investors saw opportunity amid the chaos. They bet that the crisis would accelerate trends already underway before COVID-19 upended the global economy—the shift to e-commerce, the adoption of cloud…
The crypto bull market is back in full swing, with Bitcoin surging past $50,000 and major altcoins hitting new highs. After a multi-year crypto winter, interest in digital assets is exploding as major institutions and corporate treasuries allocate to Bitcoin and Ethereum. With cryptocurrency prices skyrocketing, many investors are looking to maximize their gains during…
New legislation adopted by the Russian parliament this week legalizes cryptocurrencies and crypto mining within the country’s borders. The laws establish a regulatory framework that empowers the government to exert more control over digital assets and the industry built around them. Russia has had an ambiguous stance on cryptocurrencies for years. While authorities frowned upon…
Donald Trump Jr. made a surprise announcement this week that he has become an investor and advisor for a new decentralized finance (DeFi) crypto project. While the details are still emerging, this could be a game changer for the world of DeFi and cryptocurrencies. DeFi aims to provide financial services without the need for traditional…
Mox Bank, a new cryptocurrency exchange based in Wyoming, launched a platform today that allows customers to trade bitcoin and ether exchange-traded funds (ETFs). The new platform enables users to buy and sell shares of ETFs that hold either bitcoin or ether, the two largest cryptocurrencies by market capitalization. Cryptocurrency ETFs have been slow to…
Solana’s Unmatched Growth: Beating Bitcoin and Ethereum This Bull Market Solana is a fast-growing blockchain that has seen its native SOL token increase over 12,000% in value this year. The open-source project aims to solve the scalability issues of other blockchains like Bitcoin and Ethereum by using a combination of proof-of-history and proof-of-stake consensus mechanisms….
The US Treasury recently announced plans to buy back $46 billion of its own debt. This move, known as a debt buyback, is aimed at reducing interest costs for the government. But it also presents an opportunity for retail investors to generate solid returns. Retail investors own a sizable portion of US Treasury securities, whether…
The US Treasury frequently buys back government debt from investors to reduce the total debt outstanding. This impacts the economy in several ways. When the Treasury buys back government bonds, it reduces the supply of bonds in the open market. With lower supply but steady demand, the prices of the remaining bonds rise. The higher…
Financial independence is the ultimate goal for many people. No longer being reliant on your job for income means true freedom to live life on your own terms. However, achieving financial independence is challenging and requires diligent planning and persistence. Here are 10 proven strategies to achieve financial independence and live free: Develop a realistic…
Building a strong financial portfolio is crucial to achieving your long-term financial goals. The first step is determining your investment objectives and risk tolerance. Do you want to maximize growth or generate income? How much risk can you handle? These questions will guide how you allocate your investments. Next, choose a mix of investment types…