Ex Goldman Billionaire’s Global Wealth Statistic Shouldn’t Fool You
Billionaire ex-hedge fund manager and former Goldman Sachs partner Michael Novogratz made a shocking claim about global wealth on Twitter. He says if you make $32,000 a year, you’re in “the one percent” globally. That would certainly put income in perspective. But it’s not true. Michael Novogratz knows a lot about money. The billionaire businessman…
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Gold Is Destroying Bitcoin in the Battle of the Safe Havens
Gold is once again rallying on safe-haven demand, with the yellow metal gaining 2.5% Sunday evening. Bullion flash-crashed by $78 on Friday, its worst single-day drop in seven years. Latest PMI data out of China suggest coronavirus is wreaking havoc on the world’s second-largest economy. Amid the global economic and financial tumult, demand for bitcoin…
Cashmere and climate change threaten nomadic life
Image copyright Chami Akmeemana Image caption Mongolian herding dates back well before the time of Genghis Khan Mongolia’s vast grasslands cover about three-quarters of the country, where nomadic herdsmen have maintained traditions stretching back centuries. But this world is changing – fast.About 70% of this once verdant land has now been damaged, mostly due to…
News Daily: Super Tuesday, coronavirus latest and greener petrol plan
If you want to get this briefing by email, sign up hereUS election battle Image copyright Getty Images Democrats in 14 US states have been choosing who they want to run against Donald Trump in November’s presidential election. Results are still coming in from Super Tuesday – the biggest day yet in the race for…
Baby Boomers Pumped History’s Biggest Stock Bubble – It’s About to Pop
Baby Boomers have accumulated the “most disproportionate wealth in all recorded history” through the stock market and property. As they exit for retirement, we’re sleepwalking into a crisis, argues former hedge fund manager Raoul Pal. Readjust your retirement expectations or look to bonds, emerging markets, and cryptocurrencies for an alternative. The stock markets are carving…
ChainUP Launches EXUP, An Independent Brand of Blockchain Financial Derivatives
ChainUP has launched EXUP a new financial derivatives technology platform for digital assets to empower the blockchain financial ecosystem. 14th February, 2020, Singapore – On February 11, ChainUP, a leading global blockchain technology service provider, officially launched EXUP, an independent brand of blockchain financial derivatives, creating a new financial derivatives technology platform for digital assets.…
Tesla Raises $2 Billion: Did Elon Musk Lie to Investors?
Tesla will dilute shareholders by issuing $2 billion worth of additional stock. Elon Musk told investors that a capital raise “doesn’t make sense” just two weeks ago. While the stock dipped in pre-market trading, shares have recovered most of the losses. Tesla (NASDAQ:TSLA) has decided to dilute its investors by raising $2 billion worth of…
Chinese nationals charged with iTunes money laundering
Image copyright Getty Images Image caption Some of the money was used to buy iTunes gift cards Two Chinese nationals have been charged with laundering $100m (£78m) of stolen crypto-currency and converting $1.4m of it into iTunes cards.US officials allege Tian Yinyin and Li Jiadong acted as money mules for a notorious hacker group they…
Steven Seagal Punished for Pumping Comically Shady Bitcoin Rip-Off
The SEC charged action “star” Steven Seagal with unlawfully promoting a cryptocurrency. The naked bitcoin rip-off was so comical it almost looked like a self-parody of the ICO hype machine. It’s safe to say everyone except Seagal saw this legal backlash coming. Washed-up B-list action hero Steven Seagal had to know he was on deadly…
BiKi.com Announces Electroneum Listing with 6 Million ETN Giveaway
18th February, 2020, Singapore – Global crypto exchange BiKi.com is proud to announce that Electroneum (ETN), one of the most innovative and trailblazing projects in the cryptocurrency space, will be listed on its platform. Speaking of the ETN listing on BiKi.com, Ethan Ng, CEO of BiKi Southeast Asia, declares, “ETN is a very internationally established…
Don’t Buy the Hype, Tesla Bubble Is About to Pop: Former Goldman Sachs Analyst
Tesla printed an all-time high yesterday after being pushed by a dramatic surge in volume. Fundamental and technical factors are flashing that the top is in. One trader believes that TSLA has some more upside potential. Tesla (NASDAQ:TSLA) has been slaughtering bears for over seven months. Since June 2019, the stock of the electric vehicle…
Don’t Fall Prey to These 5 Cruel Coronavirus Scams
The coronavirus outbreak continues to spread, and scammers are exploiting the crisis to defraud you. Scammers are soliciting bitcoin donations to help “fight the virus,” while investors in U.S. microcap stocks are another easy target. Don’t fall prey to any of these five scams. A good scammer never lets a crisis go to waste. Even…
Elon Musk Can Now Easily Buy Ford Motor Company
Elon Musk has become the largest billionaire gainer by net worth, beating his closest rival by a margin of over $4 billion. The Tesla CEO can now acquire Ford outright. By the end of the week, it could even be General Motors. TSLA has been recently compared to bitcoin, the dotcom bubble and cannabis stocks…
PewDiePie Is Guilty of Every Attack He Hypocritically Aims at Jake Paul
PewDiePie trashed fellow YouTuber Jake Paul’s new financial freedom courses in a recent video. But Felix is guilty of shilling sketchy financial products too. To top it off, PewDiePie gives financial advice in the video, while criticizing Jake Paul for not having any credibility to give financial advice. PewDiePie wasn’t back on YouTube for long…
Here’s Everything You Need To Know About Tesla Stock’s Insane Rally
Tesla stock soared an incredible 17% on Tuesday, taking the company’s market cap above $160 billion. TSLA bears added almost 10 million shorts on Monday, fueling another massive price spike. Brightening fundamentals hide a shaky technical structure that leaves bulls exposed to a sudden change in momentum. It has been an incredible ride for Tesla…
