Crypto News

Investors Probably Didn’t Turn Their Backs on Tilray Cannabis Stocks Today

Brendan Kennedy, CEO and founder of British Columbia-based Tilray Inc., a major Canadian marijuana grower, poses before closing Nasdaq, where his company’s IPO (TLRY) opened, Thursday, July 19, 2018, in New York. (AP Photo/Bebeto Matthews) Tilray’s share price plummeted today on the expiry of its IPO lock-up period. But is the sell-off investors exiting cannabis […]

Crypto News

Pharma Stocks Decline as House Democrats Investigate Drug Prices

Stock prices of twelve of the largest pharmaceutical companies in the USA have fallen sharply after the commencement of a Congressional investigation into prescription drug pricing practices. In a statement released yesterday, it was revealed that the House Oversight Committee chaired by Senator Elijah Cummings (D-Md) sent letters requesting information about their pricing strategies to AbbVie, Amgen, […]

Crypto News

‘Nobody’s Going to Make Money’ on Pot Stocks: Hedge Funder Jeff Vinik

Renowned hedge fund manager Jeffrey Vinik has dismissed the pot stock craze, describing cannabis investment as overrated and likely to suffer from squeezed margins. Speaking on CNBC’s Squawk Box on January 10, Vinik also revealed that bitcoin currently accounts for “zero percent” of his investment portfolio. Returning to the hedge fund scene after a five-year hiatus, the […]

Crypto News

BREAKING: Dx.Exchange Launching Cryptocurrency Trading Platform With Tokenized Stocks

Dx.exchange is launching a new cryptocurrency platform that tokenizes the stock market. The Estonia-based fintech company is the first non-CFD crypto exchange to offer stock trading that are tokenized on the blockchain. Publicly listed companies like Google, Facebook, Intel and Apple will be listed on DX.exchange. This is the first time securities can be purchased directly with […]

Crypto News

Where’s the Bottom? Investors Search for Answers as Bitcoin Price, FAANG Stocks Plunge

Advertisement Twitter Facebook LinkedIn The Monday Massacre reverberated throughout equities markets today, leaving its mark not only on the bitcoin price — which dropped below $ 5,000 for the first time this year — but on tech stocks as well. Recent Bitcoin Price Drop Attracts Bearish Analysis To make matters worse, the bitcoin price has […]

Bitcoin

How To Buy S&P 100 Stocks With Bitcoin

How to buy stocks with bitcoin? Perhaps surprisingly, stocks and shares have been unnecessarily difficult to buy using bitcoin, despite many brokers offering trades in both. However, trading platform WorldMarkets.io has just listed the entire Standard and Poor 100 stocks, to trade against bitcoin. Buy Stocks With Bitcoin: Rare As Hens Teeth Despite the seemingly natural cross-over […]

Crypto News

Stocks Cleared and Settled Successfully in Bank of Canada Blockchain Trial

Advertisement An experiment conducted by Canada’s central bank in conjunction with the country’s payments system, a stock exchange operator, a distributed ledger technology (DLT) firm and a global consulting and professional services firm has demonstrated that it is possible to clear and settle securities efficiently and cost-effectively using blockchain technology. In the trial, the Bank […]