In celebration of the historic fourth Bitcoin halving and to ring in a new epoch in sound money, Bitcoin Magazine and Kraken are pleased to present the Bitcoin Halving Livestream. This event will bring together prominent voices in the Bitcoin space including Barstool CEO Dave Portnoy, Strike CEO Jack Mallers, Bitcoin Magazine Institutional Lead Dylan…
imaginima The BlackRock Energy & Resources Trust (NYSE:BGR) is a sector-specific closed-end fund, or CEF, that is designed for those investors who want exposure to the traditional energy sector along with a high level of income. The fund manages to deliver on this promise fairly well, as its 6.14% current yield is quite a bit…
MicroStockHub/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. FTHI strategy First Trust BuyWrite Income ETF (NASDAQ:FTHI) is an actively managed fund launched on 1/6/2014. It currently holds 179…
REDMOND, WASHINGTON 4 March 2024 – $KARMA has released the largest fungible token airdrop in Bitcoin history to over 60,000 wallets. In true Web3 tradition, the collection was launched by a seven-member $KARMA Council, bringing together 10 leading Ordinals communities behind $KARMA’s mission. The $KARMA Council’s airdrop aims to foster a sense of community amongst…
M. Suhail Thesis Introduction Over the past few months, I have gradually warmed up to the idea that McDonald’s stock (NYSE:MCD) deserves a “Buy” rating. Compared to my previously held “Equal-weight” thesis, which has been published in February 2023, there were two major variables that prompted my rating reassessment: Firstly, I acknowledge that rates are…
MWVotruba Direxion Daily S&P 500 Bull 3x Shares ETF (NYSEARCA:SPXL) is one of the most popular instruments to trade in bullish market conditions. It is a competitor and an equivalent to ProShares UltraPro S&P 500 [ETF 3x Shares] (UPRO). The daily 3X leverage factor is a source of drift, which may be positive or negative….
Gerasimov174 We previously covered Tesla, Inc (NASDAQ:TSLA) in October 2023, discussing its decelerating Full Self-Driving (“FSD”) adoption, as demonstrated by the moderating service revenues and declining gross margins. Combined with the reversal in sentiments from the automaker’s impacted electric vehicle (“EV”) revenues and elevated inventory levels, we at that time believed that the stock’s elevated…
AlanStix64 Summary Readers may find my previous coverage via this link. My previous rating was a hold, as I thought Copart’s (NASDAQ:CPRT) valuation was still not attractive enough. My expectation was that CPRT should trade at around 25x forward PE before it becomes an attractive stock. I am reiterating my hold rating for CPRT as…
Ben Hider/Getty Images Entertainment I wrote a piece on the long and confusing history of International Business Machines (NYSE:IBM) moving up strongly when Wall Street is generally rolling over in price. For example, IBM reached multi-year highs in early 2020, right as the COVID-19 pandemic was starting to make headlines. This awkward and hard to…
brightstars We are very bullish on gold (GLD)(IAU) right now and – based on history – believe it could be set to triple over the next several years. Here are three reasons why we think gold is likely headed higher: #1. Very Aggressive Central Bank Buying One of the biggest reasons why we are bullish…
To demonstrate the potential of UDPN, Standard Chartered’s SC Ventures and Deutsche Bank conducted a trial. Standard Chartered’s SC Ventures and Deutsche Bank have achieved a significant milestone by completing the first Proof of Concept (PoC) for the Universal Digital Payments Network (UDPN). This groundbreaking initiative aims to revolutionize the way digital payments are conducted…
In achieving this $95 million figure, Swift’s film broke the previous record for the largest opening weekend ever for a concert film. That mark was formerly held by Justin Bieber’s 2011 film “Never Say Never”, which opened to $29 million. Pop superstar Taylor Swift’s new concert film “Eras Tour” dazzled in its box office debut…
simonmayer Over the past few months, I have been one of the few Seeking Alpha analysts who have maintained a bearish outlook on Petrobras (NYSE:PBR) (NYSE:PBR.A) due to various sources of political risks. However, this pessimism has not been validated on the stock as Petrobras continues to perform exceptionally well, even after experiencing a significant…
The Jacobi FT Wilshere Bitcoin ETF listing marks a significant achievement for the firm and the broader European crypto investment landscape. Europe’s financial landscape is undergoing a significant change as Jacobi Asset Management company lists its first spot Bitcoin exchange-traded fund (ETF) on Euronext, a stock exchange platform based in Amsterdam. The move comes two…
Introduction Defining Fiat Money Fiat money is tender not backed by a tangible asset or commodity like gold or silver. It’s usually mandated by governments, but this isn’t always the case. The currencies we use for everyday transactions in the modern era are all examples of fiat money, such as the U.S. dollar (USD), the…