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Crypto Exchange Coinbase Postpones IPO To April
Monday, March 22, 2021 - 10:51am | 526Read More...Major cryptocurrency exchange Coinbase has postponed its direct listing to April, according to Bloomberg. What Happened: The exchange had initially planned to go public later this month, but those plans have now fallen through, said sources close to the matter who wished to remain anonymous. The...
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Fintech Focus For March 17, 2021
Tuesday, March 16, 2021 - 8:59pm | 1939Read More...Quote To Start The Day: To succeed in business you must learn the art of saying no. Source: Barbara Corcoran One Big Thing In Fintech: Owning a company’s stock drives brand loyalty and increases spending. That’s according to a Columbia Business School study that analyzed transaction-...
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Bitcoin Becomes Best Performing Asset Of The Decade, Returning Ten Times More Than Nasdaq 100
Tuesday, March 16, 2021 - 9:22am | 388Read More...After its recent surge to $60,000, Bitcoin has become the best performing asset class of the decade with an annualized return of 230%, data shows. What Happened: The data, which was compiled by CEO of Compound Capital Advisors Charlie Bilello, examined the returns of the 17 best-performing...
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Fintech Focus For March 11, 2021
Wednesday, March 10, 2021 - 10:42pm | 1745Read More...Quote To Start The Day: Doing something unimportant well does not make it important. Source: Tim Ferriss One Big Thing In Fintech: A provisional report from data and research group CB Insights indicates that we’re not merely in a warm period for fintech funding — we are in a period of...
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Tesla, FAANG-Led Nasdaq Rebound Unlikely To Last For Long, Wharton Professor Warns
Wednesday, March 10, 2021 - 2:53am | 554Read More...The recent tech-led rebound seen on the Nasdaq may be short-lived, according to Jeremy Siegel, a finance professor at the Wharton School, CNBC reported Tuesday. What Happened: Siegel was less than upbeat on the tech-heavy index, which gained nearly 3.7% on Tuesday to cap the best day since November...
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Major Crypto Exchange Coinbase Closes In On Going Public With Pre-IPO Valuation Of $100B
Tuesday, March 9, 2021 - 9:09am | 421Read More...What Happened: Leading cryptocurrency exchange Coinbase Global Inc could soon be valued at $100 billion after officially going public, based on Nasdaq's private auction results last week. According to Bloomberg, shares of Coinbase traded between $350 and $375 per share, giving the...
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Fintech Focus For March 4, 2021
Wednesday, March 3, 2021 - 7:59pm | 2442Read More...Quote To Start The Day: “In a multi-asset portfolio, investors can likely add up to 1% of their allocation to cryptocurrencies in order to achieve any efficiency gain in the overall risk-adjusted returns of the portfolio.” Source: JPMorgan One Big Thing In Fintech: In recent months,...
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Fintech Focus For February 26, 2021
Thursday, February 25, 2021 - 7:35pm | 1724Read More...Quote To Start The Day: “The time to settlement equals counterparty risk, which can become elevated during market shocks. It can also lead to the need for higher margin requirements, which are critical to protecting the financial system and investors against a firm default.” “We...
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Fintech Focus Roundup For February 13, 2021
Friday, February 12, 2021 - 6:47pm | 1550Read More...Nasdaq: 50 Years of Market Innovation This month marks the 50th anniversary of Nasdaq’s launch in 1971. The story of Nasdaq’s first five decades highlights its impact on trading today. The introduction of computers to markets, and sharing of quote data more widely, led to the...
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Fintech Focus For February 11, 2021
Wednesday, February 10, 2021 - 8:07pm | 2014Read More...Quote To Start The Day: “Gamification is controversial; in some ways, it’s a good thing because you’re lowering the barrier to entry, and making people more motivated to participate in something that’s perceived as a game.” “But, it can be dangerous. If you...
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Fintech Focus For February 10, 2021
Tuesday, February 9, 2021 - 9:59pm | 1887Read More...Quote To Start The Day: The question isn’t who is doing to let me, it’s who is going to stop me. Source: Ayn Rand One Big Thing In Fintech: In January 2021, FinTech startups worldwide raised VC/PE investments worth $7.8 billion across 294 deals. In terms of MoM growth, there was a 37.4...
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Metromile Taps Uber Veteran Ryan Graves For $50M, Guidance On Innovation
Monday, February 1, 2021 - 7:20pm | 647Read More...Metromile, an insurance-focused fintech powered by data science and machine learning, on Monday formally announced the addition of a $50 million investment from Ryan Graves, a former Uber executive that will join the company's board also. What Happened: Metromile caters to non-traditional...
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Trading Halts 101: What To Know About Your Stock, Circuit Breakers And More
Wednesday, January 27, 2021 - 12:00pm | 593Read More...Trading halted! But don’t panic. In fact, the whole idea is to prevent any such anxiety. Stock markets, exchanges and the U.S. Securities and Exchange Commission are authorized to suspend trading on individual securities to protect investors and level the field between informed, reactive...
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Fintech Focus For January 25, 2021
Monday, January 25, 2021 - 12:47am | 3113Read More...Quote To Start The Day: You can't be a real networker unless you’re connected. Source: Michael Gruen One Big Thing In Fintech: Experts say 2021 is poised to see greater adoption and venture capital investment in blockchain technology. That prediction comes as more financial services apps...
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Fintech Focus For January 8, 2021
Thursday, January 7, 2021 - 7:42pm | 1594Read More...Quote To Start The Day: Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet. A 4.8% rally in the electric carmaker’s share price Thursday boosted Musk past Amazon.com Inc. founder Jeff Bezos on the Bloomberg Billionaires Index, a...
