No US university endowment has divested from companies linked to Israel despite intensifying demands from pro-Palestinian students in campus protests across the country, according to the network that has long championed the move. Legal and practical obstacles to divestment and the difficulties of building a consensus on the issue have constrained action in response to…
Monty Rakusen Dear readers/followers, If you’ve followed my work to any extent over the past few years, you know that I’m a big investor in many areas that other investors shun – one of them is cyclical commodities, including metals – both precious and semi-precious. Copper is one of them. I invest both In European…
BlackJack3D/E+ via Getty Images What Is The Blackrock Science And Technology Trust? The BlackRock Science and Technology Trust (NYSE:BST) is an equity closed-end fund that invests in the technology sector. The fund has performed well since its inception in 2014, beating a variety of equity benchmarks along the way. Managed by BlackRock, the world’s largest…
The leader of Germany’s new left-wing populist party the Sahra Wagenknecht Alliance (BSW) criticised Olaf Scholz’s increasingly unpopular government and called for an immediate end to the Ukraine war at its founding congress in Berlin on Saturday. Sahra Wagenknecht, the party’s leader, told delegates that society was at a tipping point, with voters overcome with…
Coinbase CEO Brian Armstrong voiced frustration over the charges. He mentioned how his company has provided a lot of clarity to the SEC but the commission on the other hand is not making matters easier. Despite over 30 meetings with the SEC in the past 18 months aimed at gaining regulatory clarity, cryptocurrency exchange Coinbase…
This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. With all the scrutiny on megabank JPMorgan’s relationship with the now dead sex offender Jeffery Epstein, Treasury secretary Janet Yellen has called for less regulations on the banking sector. “The…
Although the court says that the SEC acted “arbitrarily and capriciously, in violation of the APA,” it would still allow the agency to redeem itself. Stuart Alderoty, the chief legal officer for Ripple, has expressed concerns over the state of the United States Securities and Exchange Commission (SEC) under the leadership of current chair Gary…
In response to the allegations, Tether emphasized its commitment to preventing the misuse of cryptocurrencies for illicit activities. In a recent development, US Senator Cynthia Lummis (R-WY) has called upon the US Department of Justice (DOJ) to take decisive action against major cryptocurrency entities, Binance and Tether, over their alleged involvement in illicit financing associated…
GuidoVrola/iStock via Getty Images This article series aims at evaluating ETFs (exchange-traded funds) regarding the relative past performance of their strategies and metrics of their current portfolios. Reviews with updated data are posted when necessary. KNG strategy and portfolio FT Cboe Vest S&P 500® Dividend Aristocrats Target Income ETF (BATS:KNG) was listed on 3/26/2018 and…
honglouwawa By Carsten Brzeski, Global Head of Macro and James Smith, Developed Markets Economist Central bank rates are reaching their peak globally, and we’re already starting to see rate cuts in certain regions. Here’s what our team expects from policymakers across the world over the next few months. Macrobond, ING Federal Reserve Our call: No…
Kenya’s parliamentary committee has advised Kenyan authorities to take action by shutting down Worldcoin’s virtual platforms and conducting a thorough investigation into the company. The iris biometric cryptocurrency project Worldcoin has recently come under the scanner as the parliamentary committee of the government in Kenya is now investigating the project. The committee has asked regulators…
In a characteristically bold and provocative post, Tesla and SpaceX CEO Elon Musk has once again stirred the financial world by declaring, “Fiat currency” a scam. Musk, responding to a post asking other X users what they think is a scam so normalized that people don’t even realize it is a scam, did not provide…
Journalism has been getting an ill rep. A survey held by the communications firm Edelmann has found that trust in the media in the UK was at 35% and 37% in 2021 and 2022, while trust in the media in the US was only a few basis points ahead, with 39% and 43%, respectively. The…
Coinbase CEO Brian Armstrong, chief executive at one of the world’s largest crypto asset exchanges, broke his longstanding silence on Bitcoin today, offering rare words of enthusiasm for the world’s largest cryptocurrency by market value. In a post on X, Armstrong announced that Coinbase is moving to enable user access to the Bitcoin Lightning Network,…
Lawyers representing Binance.US believe that, overall, the SEC’s moves so far would do more harm than good for its bidding. Binance.US has claimed that the United States Securities and Exchange Commission’s (SEC) requests have been “unreasonable” with most of its requests. This is according to sealed documents filed by attorneys of the Binance.US cryptocurrency exchange…
The motion to dismiss a lawsuit filed by Binance’s legal team highlights the argument that CZ is not subject to US jurisdiction as he resides in the United Arab Emirates. Binance, the world’s largest cryptocurrency exchange, filed a motion to dismiss a lawsuit brought against the company by the United States Commodity Futures Trading Commission…