Billionaire investor Mike Novogratz buys into Facebook and shorts the U.S. 5-year Treasury note, betting on Facebook's upcoming digital wallet play
Addressable user base of 2.4 billion could potentially make…
Chairman of Singapore's top financial watchdog warns retail investors to beware of cryptocurrency investments as they could lose all of their money
Warning comes amidst a slew of scams, including…
Ferrari (-0.17%) has slipped this year amidst a rotation into value stocks on the prospects of an improving economy
Longer term trend for Ferrari's fortune is less clear, as company has no…
Bitcoin volatility starting to come down even as volumes increase, suggesting slightly elevated levels of institutional participation
While most larger U.S. banks have avoided cryptocurrencies, others are caving to client…
If you walked past Sung Kook Hwang in midtown Manhattan, you’d scarcely be able to tell that he was a billionaire.
Better known as “Bill” Hwang, the former protégé of hedge…
“The name is bond, Treasury bond.”
For the uninitiated, a U.S. Treasury is a low-risk investment, backed on the full faith and credit of the U.S. government.
Buying a Treasury, an investor…
A cryptocurrency minute often feels like a lot less than that. Before you can say “rug pull” the floor beneath a new development in the cryptocurrency space may already have…
Fallout of Archegos Capital Management's leveraged trades being unwound is casting a spotlight on the practice of borrowing money against shares in a bull market
Bull market conditions have facilitated…
U.S. Treasury yields for longer-term borrowings are spiking again, rising to their highest level since the start of the pandemic
Fed may be forced to intervene and ratchet up asset…
Corporate M&A activity is rising in the cryptocurrency industry on the back of rising prices of Bitcoin and other cryptocurrencies
PwC report suggests that M&A activity this year is likely…