Bitcoin hit a new record, topping $87, 000, after Donald Trump's election victory. Cryptocurrencies have rallied since then. Analysts say this is due to expectations of a more crypto-friendly administration. However, crypto is known for its volatility and risks. The election result surprised many.
Tom Brady, the legendary NFL quarterback, made headlines by converting part of his $6. 5 million salary into Bitcoin. This move, inspired by Russell Okung, who was the first NFL player to receive half of his salary in Bitcoin, turned out to be a smart financial decision. In just a few years, Brady's
Imagine this: a fund based on a digital currency you might have heard of called Bitcoin has just overtaken a long-standing investment in gold. The iShares Bitcoin Trust (IBIT) is now worth more than the iShares Gold Trust (IAU), which has been a favorite among traditional investors. By Friday, IBIT
Bitcoin has been on a roll, jumping over $80, 000 after President-elect Trump's win. His promise to create a Bitcoin Strategic Reserve and support a friendly regulatory environment has given the crypto world a huge lift. Trump's plan to appoint a crypto-friendly council and potentially replace SEC C
It's been a long time coming, but Emirates has finally rolled out its chauffeur-drive services for first- and business-class passengers in Riyadh. This move is part of Emirates' commitment to enhancing the travel experience for premium passengers, something the airline is known for. The service, whi
After a long wait, a top tech fund manager is spotlighting his favorite picks in the tech sector. Tony Wang, the wizard behind T. Rowe Price's science and technology strategy, sees a thrilling shift happening. He believes companies are now focusing more on software and app developers who are busy la
Imagine you're a famous CEO in a Chinese company. You're known, you're admired, and your actions are watched closely. How does this fame influence your decisions, especially when it comes to innovation? A recent study took a look at this very question, scrutinizing data from Chinese listed companies
You might have heard about Ethereum's big change from Proof-of-Work (PoW) to Proof-of-Stake (PoS). This change was meant to reduce the energy use of mining Ether, the cryptocurrency. Researchers looked into how investors reacted to this change. They studied how Ethereum (ETH), Ethereum Classic (ETC)
Ever wondered if your investment strategy is truly the best among many options? A clever test, called the intersection-union test, helps answer this question. This test compares the Sharpe ratio of your chosen investment strategy with others. Unlike other tests, it considers the fact that investment
Ever wondered how British investments fared in Argentina and Uruguay from the late 1800s to the mid-1900s? The River Plate Trust Group, also known as Morris or Morrison, was a big player in this story. They controlled lots of public utilities and financial firms. Many people thought British investme
