- Story Log
User | Time | Action Performed |
---|---|---|
-
Crypto is Gen Z’s most common investment. That may be risky, experts said
Cryptocurrency is the most prevalent investment held by Gen Z investors, a trend likely fueled by the cohort growing up during an age marked by technological change, social media and easier access to investing, according to a new joint report from the CFA Institute and Financial Industry Regulatory Authority’s Investor Education Foundation. But while young people can afford to take more investment risk relative to older generations, using crypto as the linchpin of an investment portfolio is nonetheless a risky bet due to its volatility, experts said. The report comes as the Securities and Exchange Commission sued ... (full story)
- Comments
- Subscribe
-
- Older Stories
A bout of Bitcoin turbulence caused by US Securities and Exchange Commission lawsuits against key crypto exchanges may be a precursor to short-term gains in the token, if history ...
House Financial Services Committee vice chair Rep. French Hill (R-Ark.) joins 'Squawk Box' to discuss the SEC's lawsuit against Binance and Coinbase, and the initial draft of a ...
The Bank of Canada today increased its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is also continuing its policy of quantitative tightening. Globally, consumer price inflation is coming down, largely reflecting lower energy prices compared to a year ago, but underlying inflation remains stubbornly high. While economic growth around the world is softening in the face of higher interest rates, major central banks are signalling that interest rates may have to rise further to restore price stability. In the United States, the economy is slowing, although consumer spending remains surprisingly resilient and the labour market is still tight. Economic growth has essentially stalled in Europe but upward pressure on core prices is persisting. Growth in China is expected to slow after surging in the first quarter. Financial conditions have tightened back to those seen before the bank failures in the United States and Switzerland. Canada’s economy was stronger than expected in the first quarter of 2023, with GDP growth of 3.1%. Consumption growth was surprisingly strong and broad-based, even after accounting for the boost from population gains. Demand for services continued to rebound. In addition, spending on interest-sensitive goods increased and, more recently, housing market activity has picked up. The labour market remains tight: higher immigration and participation rates are expanding the supply of workers but new workers have been quickly hired, reflecting continued strong demand for labour. Overall, excess demand in the economy looks to be more persistent than anticipated. CPI inflation ticked up in April to 4.4%, the first increase in 10 months, with prices for a broad range of goods and services coming in higher than expected. Goods price inflation increased, despite lower energy costs. Services price inflation remained elevated, reflecting strong demand and a tight labour market. The Bank continues to expect C post at 10:00am: BoC statement changes https://t.co/xEvK0UPr7R post at 10:02am: BOC STATEMENT REMOVES APRIL LANGUAGE ABOUT HOW BANK IS PREPARED TO RAISE RATES FURTHER IF NEEDED. post at 10:03am: BOC: UNDERLYING INFLATION REMAINS STUBBORNLY HIGH GLOBALLY, MAJOR CENTRAL BANKS ARE SIGNALING THAT RATES MIGHT HAVE TO RISE FURTHER TO RESTORE PRICE STABILITY. post at 10:04am: BoC: Stronger GDP, CPI Uptick Cited As Reasons For Rate Hike - Concerns Have Increased That Inflation May Get Stuck Above 2% - To Assess Incoming Data, BoC Is ‘Resolute On Curbing Inflation’ - Excess Demand Looks ‘More Persistent’ Than Expected $USDCAD
-
- Newer Stories
Mike Novogratz, the founder of Galaxy Digital Holdings Ltd., said he’s not expecting a “quick closure” on the recent lawsuits brought by the US Securities and Exchange Commission ...
post at 12:05pm: COINBASE CEO SAYS WILL CONTINUE TO OPERATE STAKING BUSINESS $COIN post at 12:00pm: COINBASE CEO BRIAN ARMSTRONG SAYS SEC CHAIR'S VIEW IS NOT REFLECTIVE OF U.S. GOVERNMENT $COIN post at 12:07pm: COINBASE CEO SAYS ALL CUSTOMERS FUNDS ARE SECURE, WILL BE AVAILABLE FOR WITHDRAWAL IF CUSTOMERS NEED $COIN post at 12:08pm: COINBASE CEO ARMSTRONG: THERE IS NO RISK OF A CUSTOMER RUN AT COINBASE.
After careful consideration, Binance.US will remove select Advanced Trading pairs on June 8, 2023 at 9 a.m. PDT / 12 p.m. EDT. We have also decided to streamline our Buy, Sell & Convert offering and have paused our OTC Trading Portal. Your assets remain safe and secure with Binance.US, and deposits and withdrawals continue to function as normal. • Advanced Trading - Binance.US will remove the following USDT, BTC, and BUSD Advanced Trading pairs. table Buy, Sell & Convert - Binance.US will streamline its Buy, Sell & Convert offering and reduce the number of supported Convert trading pairs to 226. Buy, Sell & Convert remains available for the following assets: USDT, USDC, BNB, ETH, BTC, FET, ATOM, APT, MATIC, LTC, DOGE, SHIB, FTM, APE, SOL, LINK, ADA, DOT, GALA, and AVAX, with the addition of USD for Convert. The maximum trade amount for Buy, Sell & Convert has been updated to $10,000. post at 12:15pm: BINANCE: ASSETS REMAIN SAFE AND SECURE WITH BINANCE, AND DEPOSITS AND WITHDRAWALS CONTINUE TO FUNCTION AS NORMAL.
- Story Stats
- Posted: Jun 7, 2023 11:18am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 403