Tag Archives: News

While many individuals of high net worth aren’t inclined to share their opinions on strategically important issues that involve being successful in business, Sheila Johnson who coincidentally has been said to be the first black woman to achieve billionaire status has done just that. For the record, Sheila Johnson is the founder and CEO of Salamander Hotels and Resorts, the co-founder of the famous Black American Cultural Channel BET, the Vice-Chairman of Monumental Sports and Entertainment...

There are several investment opportunities popular all over the world and as time goes on, trends seem to always change. For many years, the stock market has been the most popular and also one of the most lucrative especially in the U.S. as records show that the S&P 500 has gained more than 180% in the last ten years. However, another investment channel that doesn’t seem to be talked about much but pulls in mouth-watering rewards, is the art market.A recent Citi report which was put...

The digital money market was the most comprehensive in the positive segment zone on Monday as sentiment gave signs of progress contrasting with the previous seven days. Bitcoin price was drifting in the $7,400 region during early Asian trading.Although the vast majority of previous selling pressure has fallen, we haven’t seen a generous recovery in Bitcoin at the moment. In any case, consolidation may likewise provide a recovery opportunity for long-term HODLers.After a previous mixed week,...

French multinational company Sanofi SA stated on Monday that it will buy biotechnology company Synthorx Inc. for a combined equity value of approximately $2.5 billion. In other words, it will be $65 per share.The acquisition is expected to close in the first quarter in 2020 and the company believes it will strengthen Sanofi’s existing immuno-oncology portfolio.Paul Hudson, who is the CEO of Sanofi, said:“This acquisition fits perfectly with our strategy to build a portfolio of high-quality...

The traditional stock market has performed against the predictions of some of the world’s top investment funds. During the start of 2019, financial institutions predicted that stock markets will see a major downturn. However, to their surprise, the Dow Jones surged 18% year-to-date nearing its all-time high.Similarly, the S&P 500 has given over 24% returns so far this year. With this performance, 2019 is likely to turn out as the second-best performing year in a decade, in terms of annual...

Knowledge of the U.S. stock markets has shown that over the last decade, there has been consistent growth in general, ensuring that the market remains one of the best places to invest since 2010. However, if strategists and market analysts are to be believed, the U.S. market could soon lose the superiority it currently enjoys.In the last ten years, U.S. stocks have been impressive, especially as international stocks, on the other hand, have sorely disappointed its players. The S&P 500,...

Stellar lumen price is struggling to climb above the $0.0565 and $0.0580 resistances against the US Dollar.XLM price is currently trading in a range above the main $0.0535 support area.There is a major bearish trend line forming with resistance near $0.0562 on the 4-hours chart (data feed via Kraken).The pair could dive towards $0.0520 before it starts a fresh increase towards $0.0620 and $0.0650.Stellar lumen price is showing bearish signs against the US Dollar and bitcoin. XLM price must...

Sequel to earlier reports that its digital currency was in the works, the Chinese are reportedly set to test its new digital currency electronic payment (DC/EP) in two cities of Shenzen and Suzhou. Sources further indicate that the People’s Bank of China (PBoC) will become the first Central Bank in the world to introduce its digital currency. It has also further emerged that the PBoC is set to work with seven state-owned corporate entities to run this test: three telecoms companies and four...

Ripple price is rising and it is trading near the $0.2315 resistance area against the US dollar.The price is likely to surge if it breaks the $0.2315 and $0.2325 resistance levels.There is a major breakout pattern forming with support near $0.2270 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).A downside break below $0.2270 and $0.2250 might negate the possibility of an upside break.Ripple price is approaching the next key break against the US Dollar. XRP price could...

Recently, Live Bitcoin News reported that many members of the crypto community were suspicious of a $1,000 surge incurred by bitcoin, the world’s leading cryptocurrency by market cap. It has now been stated that the surge was no doubt the result of a bitcoin whale moving money between accounts with Bittrex, one of the world’s top cryptocurrency exchanges.Bittrex at the Head of Whale ActivityBitcoin and cryptocurrency whales can have serious effects on the industry. A whale is someone who...