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Posts published in “Uncategorized”

Carvana Stock Just Had a 26% Gain in One Day

Online used car retailer Carvana (CVNA) reported disappointing first-quarter 2022 results, and its near-term prospects look bleak due to logistical disruptions, high used car prices, significant hikes in interest rates...

FA Center: Dividend stocks are a top inflation-fighting investment you want in your corner now

FA Center Last Updated: July 6, 2022 at 9:03 a.m. ET First Published: July 6, 2022 at 7:18 a.m. ET Stocks with the highest dividend yields outperform the S&P 500 and beat inflation. Quality dividends, that is. Getty Images Investors are too quick to shun dividend-paying stocks when inflation worsens. That’s because they’re focusing on…

Huobi subsidiary hoops US license for yet another way of cryptocurrency transactions

In order to offer cryptocurrency transactions, Huobi Technologies (1611.HK) said that its brokerage subsidiary, HBIT, has secured a license to carry out foreign exchange and money transfer activities in the U.S. According to a statement released on Tuesday, HBIT has been granted a Money Services Business Registration License (MSB) by the U.S...

To Ensure Stability, Ripple Holds Native NFT Functionality Test

Blockchain company Ripple’s development arm, RippleX, recently provided an update saying that its team of engineers is now convinced in the XRP Ledger’s capacity to implement the XLS-20 protocol for non-fungible tokens. Ripple updated its services to enable validators to vote in favor of enacting the aforementioned standard...

Kraken Daily Market Report for July 05 2022

Overview Daily spot trading volume: $625.4 million, 30 day average spot: $720.0 million. Total futures notional: $169.3 million. The top five traded coins were, respectively, Tether (↑0.01%), Bitcoin (↓0.21%), Ethereum (↓1.6%), USD Coin (↑0.0%), Solana (↓3.5%). Strong returns from Convex Finance (↑31%), DENT (↑16%), and Curve (↑10%...

Nexo Looking to Acquire Vauld

Reading Time: 2 minutes Nexo is looking to acquire Vauld Vauld had to halt customer withdrawals on Monday due to financial difficulties Vauld is based in Singapore and Nexo is looking to expand in that area Nexo is looking to acquire Singapore-based crypto lending platform Vauld...