Month: October 2019

Ripple has invested in a $2.2 million USD seed funding round by London-based cybersecurity startup Keyless via its investing division, Xpring. Keyless claims to be the first company in the world to combine biometrics with secure multi-party computation. Xpring was launched in 2018 with the intention of enabling the Internet of Value, an online ecosystem allowing for
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View Bitcoin looks set to post the first monthly gain since June. The percentage rise, however, may be less than 10 percent as the daily chart is reporting signs of buyer exhaustion. A triangle breakdown on the hourly chart, if confirmed, could yield a pullback to support at $8,820. A high-volume contracting triangle breakout will
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The fate of Illinois Gov. J.B. Pritzker’s proposed public safety pension fund consolidation and two state law changes pursued by Chicago Mayor Lori Lightfoot won’t be settled until the second half of the Illinois General Assembly’s fall veto session. The legislature wrapped up the first three-day session Wednesday and will reconvene for a three-day session
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Originally published on October 21, 2019 The following data is derived from trading activity on the Tradeweb Markets institutional European- and U.S.-listed ETF platforms. European-Listed ETFs Total traded volume Trading activity on the Tradeweb European-listed ETF marketplace surpassed EUR 35.5 billion in September, just EUR 770 million shy of August’s record-breaking performance. The proportion of
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Chinese state-owned media are attempting to quell the rush into crypto stocks following President Xi’s statement to “seize the opportunity” afforded by blockchain. State-backed agencies are publishing material meant to encourage “rational” investments, amid this surge in speculation in blockchain and fintech firms, Reuters reported Tuesday. On Monday, over 100 public fintech companies – tied
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Canadian startup Ledn, which offers bitcoin-backed fiat loans, now also offers dollar-pegged DAI loans, connecting bitcoin users with ethereum’s decentralized finance (DeFi) ecosystem. Ledn co-founder Mauricio Di Bartolomeo, a Venezuelan expat, told CoinDesk this new partnership with stablecoin promoter MakerDAO was driven by customer demand. Out of “thousands” of users, more than half of Ledn’s
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A customer browses the Mattel Barbie dolls section of a now closed Toys ‘R’ Us store. Chris Ratcliffe | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Mattel spiked more than 12% during extended trading after the company announced that its audit committee completed its independent investigation into
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Bitcoin (BTC) has made some serious upward movement in the last few days. In less than 24 hours, the world’s largest cryptocurrency shot up over 40% to $10,350, having traded as low as $7,300 the previous day. The undoubtedly bullish movement represented BTC’s fourth-largest single day movement ever, and the biggest since 2011. However, some
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There is little doubt that blockchain and digital asset technologies will foster greater financial inclusion and economic growth—but to realize the full potential of this technology, clear regulatory frameworks are needed. So what are the current policy developments proposed in the United States and abroad?  At Ripple’s 2019 UBRI Connect, Michelle Bond, our Global Head
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Bakkt, the cryptocurrency trading platform launched by the Intercontinental Exchange, is planning to launch a consumer-focused app in the first half of 2020 to enable retail customers to make transactions with cryptocurrencies. Consumer Adoption Ambitions In an ambitious move to enable the widespread adoption of cryptocurrencies, Bakkt Chief Product Officer Mike Blandina said in a
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Beyond Meat plant-based burger patties. Source: Beyond Meat Check out the companies making headlines after the bell: Shares of Beyond Meat tanked as much as 15% after the bell despite the company’s raised revenue guidance and third-quarter earnings that topped expectations. The alternative plant-based meat company raised its revenue guidance from at least $240 million
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2019 has been a remarkable year for cryptocurrencies, and much of that was marked by the hugely impressive Bitcoin rally during the first half of the year. However, that rally seems to have fizzled out, and the world’s biggest cryptocurrency has been experiencing a sustained slump. Bitcoin Holds Gain Moreover, the cryptocurrency has also been
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Everyday I speak with those who are about to retire and those already retired about finding yield. One area of yield that has attracted a lot of attention over the years with my client base is high-yield bonds & the SPDR High-Yield Bond ETF, (JNK) more specifically. The SPDR Bloomberg Barclays High Yield Bond ETF
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