San Francisco-based payments company Stripe announced on Thursday that it is rolling out a service that makes it easier for Web3 companies to accept payments in cryptocurrencies like Bitcoin BTC/USD . What Happened: According to Stripe, it is offering a widget, which can be embedded directly into a decentralized exchange (DEX), non-fungible token (NFT) platform,
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In this week’s episode of let’s talk stocks, we’re going to take a look at knowledge vs. wisdom. These days, the educational system is set up to help you acquire knowledge, but it doesn’t help you attain much wisdom. Unfortunately, knowledge is not very useful without wisdom. In this video, I’ll show you the importance
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In this video, we recap the general effects of interest rate changes on currencies and then explore how central banks use interest rates to control inflation. As interest rate changes are so important for Forex traders, we look at the rate-decision schedules and inflation targets for the central banks of the major currencies. Test and
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Algorithmic stablecoins have had a rough year, starting with UST de-pegging to zero and the subsequent blow-up of Terra’s LUNA token which was used for the asset’s backing. Algorithmic stablecoins are not fully collateralized and rely on different mechanisms to maintain the peg, making them inherently fragile to market conditions.  The UST implosion created a
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Broker-dealers concerned about increasingly complex compliance issues may benefit from a new strategic alliance formed between the Bond Dealers of America and the Regional Fixed Income Best Practices Group, which was formerly known as the Regional Municipal Operations Association.  “The RFIBPG is now a division of the BDA, similar to the BDA’s Bond Pricing Institute,”
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Ending Jack Mas Ant Groups two-year-long regulatory feud, Chinese authorities will reportedly impose a fine of more than $1 billion on the billionaires fintech company. What Happened: Chinas central bank which has been driving the revamp at Ant after the Xi Jinping-led administration scuttled the company's $37 billion IPO at the last minute in 2020
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Bitcoin and Ethereum traded lower on Wednesday evening as the global cryptocurrency market cap dropped 1.8% to $841.15 billion at 7:21 p.m. EST. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin BTC/USD -1.3% -1.75% $16,856.27 Ethereum ETH/USD -2.9% -4.75% $1,233.13 Dogecoin DOGE/USD -4.3% -10.5% $0.096 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour
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At this point, you have probably absorbed, directly and indirectly, more than enough information on Web3s disgraced hero, Sam Bankman-Fried (SBF) and his currently insolvent businesses, FTX FTT/USD and its sister company, quantitative trading firm Alameda Research. Yet the story continues to unfold well beyond the investigations underway by the US Securities and Exchange Commission
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Rising interest rates have crushed high-growth tech stock valuations in 2022, and most of the high-profile fintech IPOs of recent years are now trading well off their post-IPO highs. On Wednesday, DataTrek Research co-founder Jessica Rabe said fintech startups are now relying heavily on private financing. Coinbase Global Inc COIN , SoFi Technologies Inc SOFI
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