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Category: FINANCE

Posted on 14/05/2021

Cross-border deals need broad skills in time of trade war and pandemic

For global commercial lawyers, advising on cross-border deals between local investors and foreign capital raisers is difficult at the best of times. But when the deal involves US and Chinese interests ... ( read original story ...)

Posted on 14/05/2021

Cardano Surges During $300 Billion Crypto Crash As Musk Eyes Sustainable Bitcoin Alternatives

Cardano's ada, the world's fourth-largest cryptocurrency, is the most valuable token that analysts are homing in on after the eccentric billionaire's big bitcoin pivot. ( read original story ...)

Posted on 14/05/2021

Accredited Investors Are The Future Of Crypto, But We Need To Ensure They Stay

Investments are pouring into Bitcoin and other cryptocurrencies, and not only from everyday retail investors but also from high-profile influencers and companies. Just recently, Tesla purchased $1.5 ... ( read original story ...)

Posted on 14/05/2021

Dogecoin falls 15% to below 40 cents on Elon Musk’s crypto about-face

Thursday's weakness continues a brutal week for dogecoin, the cryptocurrency that started as a joke nearly a decade ago but has risen to prominence this year. ( read original story ...)

Posted on 13/05/2021

Elon Musk’s U-turn on bitcoin hits Tesla and other crypto-linked stocks as hundreds of billions get wiped off the digital assets market

Tesla suspended vehicle purchases through bitcoin and will instead explore other digital currencies that are less energy-intensive, Musk said. ( read original story ...)

Posted on 13/05/2021

Elon Musk’s Bitcoin Reversal Divides Billionaires and Angers Crypto Traders

Retail investors question the Tesla CEO’s decision to stop accepting the digital currency for EV purchases due to concerns over fossil-fuel use. ( read original story ...)

Posted on 13/05/2021

Crypto expert reacts to Elon Musk’s reversal on accepting bitcoin

Hundreds of billions of dollars were wiped off the entire cryptocurrency market after Tesla CEO Elon Musk tweeted that the electric vehicle maker would suspend car purchases using bitcoin. Anthony ... ( read original story ...)

Posted on 13/05/2021

Bloomberg Wealth: Inflation Fears and Crypto: How Long Will It Last?

It’s hard not to escape the feeling that prices are rising — and fast. Whether it’s housing costs, gas or a cup of coffee. ( read original story ...)

Posted on 13/05/2021

Crypto billionaire donates $1.2bn to India Covid fight – and currency instantly crashes to make it worth less

Cryptocurrency billionaire and Ethereum co-founder Vitalik Buterin has made one of the largest individual philanthropic contributions ever, by donating Ethereum and “meme coins” similar to Dogecoin ... ( read original story ...)

Posted on 13/05/2021

Barry Sternlicht on inflation fears, Fed policy, infrastructure, crypto and more

Barry Sternlicht, chairman and CEO of Starwood Capital, joined "Squawk Box" on Thursday to discuss his concerns about inflation, the Fed's monetary policy, the Democratic Party's policy approach in ... ( read original story ...)

Posted on 13/05/2021

Bitcoin Investors Cancel Tesla Cybertruck Orders As Crypto Community Turns on Elon Musk

The value of the cryptocurrency and Tesla shares fell after Elon Musk said his company would no longer accept bitcoins for vehicle purchases. ( read original story ...)

Posted on 13/05/2021

Bitcoin: Elon Musk says crypto’s energy use ‘insane’ as value plunges

Elon Musk has called the energy used by bitcoin “insane” in another critical tweet. The post follows his announcement that Tesla would no longer be taking bitcoin in payment for cars, as a result of ... ( read original story ...)

Posted on 13/05/2021

Softbank aims to generate ‘dozens of IPOs’ every year, Son says

SoftBank Group Chairman and CEO Masayoshi Son has told Nikkei that his Japanese tech conglomerate wants to speed up its IPO production line, bringing dozens of companies to public markets every year ... ( read original story ...)

Posted on 13/05/2021

SoftBank to double size of Vision Fund portfolio, Son says

TOKYO -- SoftBank Group Chairman and CEO Masayoshi ... Calling the Vision Fund's business model a "manufacturer of golden eggs," Son called the IPO process -- listing companies on public exchanges ... ( read original story ...)

Posted on 13/05/2021

Crypto bulls challenge Elon Musk’s environmental concerns on bitcoin – but billionaire Mike Novogratz takes a softer stance

The self-proclaimed "Technoking" had only recently agreed with Twitter boss Jack Dorsey, saying bitcoin "incentivizes" renewable energy. ( read original story ...)

Posted on 13/05/2021

How Bitcoin Uses Fossil Fuels As Elon Musk Says Tesla No Longer Accepting the Crypto

Critics of the digital currency say the energy-intensive process used to "mine" coins is bad for the environment. ( read original story ...)

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