Author: super@dmin

Where are Bitcoin prices headed? Bitcoin bull Mike Novogratz thinks the cryptocurrency is poised for major growth. “You’re seeing now institutions moving in,” the founder and CEO of Galaxy Digital told CNN international correspondent Paula Newton on CNNMoney’s “Markets Now” on Wednesday. Novogratz pointed out that exchanges and big companies are starting to take the…

Bloomberg News/Landov Jerome Powell, chairman of the Federal Reserve, isn’t veering from his strategy of raising U.S. interest rates gradually. The Federal Reserve raised interest rates for the third time this year and signaled it will raise the cost of borrowing again in December, but the central bank also left a hint it could pause…

Bitmain Technologies, the largest digital currency mining company in the world, released its first public financial statements to the Hong Kong Stock Exchange, confirming its intention to go public. The document is the first look into the company’s financial situation and showed the Beijing-based giant racked up $2.8 billion in revenue in the six months…

‘Made in Germany’ or ‘Made in Collusion?’ Daimler has chosen a Swedish manager who once studied finance to succeed industry legend Dieter Zetsche and lead its transition to electric vehicles. The carmaker announced Wednesday that current research and development boss Ola Källenius will become chief executive in 2019, making him the first non-German to lead…

Will stocks keep climbing in 2019? CEOs are using the market boom to quietly cash in their own chips. Insiders at US companies have dumped $5.7 billion of stock this month, the highest in any September over the past decade, according to an analysis of regulatory filings by TrimTabs Investment Research. It’s not a new…

Sheryl Sandberg to MIT grads: Facebook ‘didn’t see all the risks’ of its tech SurveyMonkey’s stock rose sharply in its stock market debut Wednesday, and that’s good news for Sheryl Sandberg’s charitable organization. Sandberg, the chief operating officer of Facebook, pledged earlier this year to donate the proceeds from the IPO of SurveyMonkey’s parent company,…

GE changed our lives. Why was it kicked out of the Dow? General Electric, once America’s most valuable company, is now in sharp decline. In a year full of dubious landmarks, GE has encountered another: The storied conglomerate is now worth less than $100 billion. That hasn’t happened since March 2009 — during the Great…

Planning young: a retirement roadmap Would you love to retire early? So many people have that goal, and for a variety of reasons. For some, it’s a matter of escaping a tough work schedule and the pressures that come with it. For others, it’s an opportunity to spend quality time with family and pursue hobbies.…

Circle, the Boston-based peer-to-peer payments and technology company, has gone live with its stablecoin, which it calls the USD Coin, or USDC. The stablecoin, a cryptocurrency that is pegged 1:1 to a fiat currency, in this case, the U.S. dollar, will run on a network called CENTRE, an open sourced consortium, which means there is…