A Victory For Bitcoin

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Back on September 15 th it appeared to me as though not only China, but a number of public figures were trying to crack down on Bitcoin (link). It was successful at first as Bitcoin continued its decent, trading as low as $3,000. It then rebounded sharply. Read Full Story The post A Victory For […]

The maker of Botox has turned to the oldest trick in the book to save its cratering stock

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To combat recent stock weakness, Botox-maker Allergan is resorting to the oldest trick in the book: share buybacks. On Monday, it authorized a $2 billion repurchase of its common stock, employing a tactic frequently used by companies to boost shares during times devoid of other positive catalysts. It’s an interestingly-timed development, considering the hit absorbed […]

A high-school dropout is making hundreds of thousands of dollars trading cryptocurrency derivatives

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A 29-year-old high school drop out from the United Kingdom is hauling in hundreds of thousands of dollars trading risky cryptocurrency derivatives. Jay Smith believes a cryptocurrency crash is inevitable, but right now he’s the No. 1 trader of digital coins on online brokerage eToro, amassing thousands of followers who are copying his trades, according to […]

THE INSURTECH REPORT: How financial technology firms are helping — and disrupting — the nearly $5 trillion insurance industry

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The global insurance industry is worth nearly $5 trillion, and insurance companies are at risk of losing a share of this valuable market to new entrants. That’s because these legacy players have been even slower to modernize than their counterparts in other financial services industries.  This has created an opportunity for a group of firms known as insurtechs. […]