wolv Thesis CNX Resources Corporation (NYSE:CNX) has a unique strategy, one that emphasizes free cash flow, or FCF. The natural gas producer then allocates much of that FCF to share buybacks and reducing its debt. It’s been a successful strategy, one that has produced Energy sector-leading returns on equity, total capital, and assets, as well…
I recently spoke with Ray Youssef, CEO of NoOnes, a peer-to-peer (P2P) bitcoin trading platform with numerous other functionalities, about how NoOnes is empowering its users, what it’s doing in response to the Nigerian government’s crackdown on Binance P2P and why P2P marketplaces play a crucial role in fulfilling the promise of bitcoin as a…
Blast’s growth in TVL is indicative of most institutional investors’ bullish stance for Ethereum and the DeFi market. In a breakthrough moment for Layer 2 (L2) scaling solution, Blast Network, a new record has been set, surpassing a Total Value Locked (TVL) of over $900 million. Data from DefiLlama, a leading authority in monitoring and…
Although released on a $175 million bond, debate surrounds whether CZ can safely return home to the UAE before his sentencing hearing without the risk of facing more punishment. Changpeng Zhao, widely known as CZ, the founder and former CEO of the global cryptocurrency exchange Binance, pleaded guilty to money laundering charges in a Seattle…
bjdlzx In many business transactions, there are both winners and losers. One such example can be seen by looking at the recent news that broke regarding telecommunications giant AT&T Inc. (NYSE:T). On December 4th, the management team at the firm announced that it had struck up a deal to collaborate with Telefonaktiebolaget LM Ericsson (publ)…
serts DHT Holdings, Inc. (NYSE:DHT) is a company that primarily operates VLCCs (very large crude carriers). I think this is currently an interesting segment of the shipping market. The Nov. 1 Fearnleys report shows VLCC rates are (in general) firming up. Keep in mind shipping rates are notoriously volatile and can change direction with a…
The Bitcoin network has set a new historic mining hashrate record as the market prepares for next year’s halving. The hashrate for Bitcoin hit a record high on Saturday, cresting at 543 EH/s at 8:00 am GMT. This beat the 525 EH/s recorded on the 7th and 10 of October. The current high puts the…
While HKVAEX aims to secure a license under the SFC for virtual asset trading, Binance has remained reticent about its own licensing pursuits in Hong Kong despite acknowledging the region’s growing prominence within the global crypto market. Binance, the world’s largest cryptocurrency exchange, has allegedly opened up a new digital asset trading platform in Hong…
BlackRock has taken an important step forward by obtaining a CUSIP number for its iShares Bitcoin spot ETF. BlackRock Inc (NYSE: BLK), one of the world’s largest asset managers, recently made headlines by announcing its plans to provide initial “seed” funding for its spot Bitcoin Exchange Traded Fund (ETF). This strategic move was revealed in…
niphon/iStock via Getty Images I think Fed officials set the stage for one of the greatest bear traps of all time yesterday with the adjustments they made to their Summary of Economic Projections. What is a bear trap? It is a false signal that a reversal is coming from what was an up-trending stock market…
According to the CMA, the AI principles will help to promote competition in the UK, while also protecting consumers from exploitation. The United Kingdom’s (UK) antitrust agency has set principles that should form the framework for guiding artificial intelligence (AI) regulation. The Competition and Markets Authority (CMA) published a press release on Monday and included…