Category: News
France’s Largest Bank BNP Paribas Loses $80 Million Due to Trader’s Pre-Vacation Snafu
According to multiple sources, BNP SA, known by many as the largest bank in France, reportedly made a loss of $80 million in derivative trades connected to the United States. The sources confirmed that Antoine Lours, the Head of U.S index trading at BNP, is yet to return to his position at the bank. Lours…
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Investors Probably Didn’t Turn Their Backs on Tilray Cannabis Stocks Today
Tilray’s share price plummeted today on the expiry of its IPO lock-up period. But is the sell-off investors exiting cannabis stocks? Or, is it as simple as Tilray “insiders” cashing in their profits? Tilray’s stock lost 17.24% by the end of trading on the Nasdaq today, wiping out recent day’s gains. With its IPO, Tilray…
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Former Olympic Wrestler Ben Askren Promotes Litecoin (LTC) Ahead of UFC 235
Cryptocurrency, Litecoin ( LTC)–As the crypto markets struggle to retain the price gains which characterized the start of 2019, Litecoin has seen a small boost in popularity thanks to the efforts of a MMA promotion and its fighters. While most investors could think of more apparent avenues for crypto advertisement, it appears the Litecoin Foundation has…
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2019 Bitcoin Prediction: DCG Exec Expects Wall Street Crypto Foray
Business Insider recently sat down with Travis Scher, who heads Digital Currency Group’s investment branch, which has made investments into Coinbase, Circle, Ledger, and other preeminent blockchain startups, to talk about his Bitcoin industry predictions for 2019. Among other things, Scher revealed that he expects for Wall Street and institutions to foray into crypto in the…
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Ethereum: Analysts Believe Upcoming Constantinople Fork Will be Bullish Despite Delay
Although Ethereum is currently seeing a price drop due to its highly-anticipated Constantinople hard fork being delayed, it will still likely prove to be a positive event for the cryptocurrency’s price once the security flaws are smoothed out and it is implemented. Investors will not know until Friday when the new scheduled date for the…
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Ethereum: ETH Price Plunges as Constantinople Fork is Delayed Due to Security Flaw
Over the past several weeks, Ethereum has seen consistent price gains that can be largely attributed to investors anticipating its Constantinople hard fork. This fork was widely viewed as being bullish due to it reducing the future supply of ETH by 33%. Now, Ethereum’s price is plunging due to Constantinople being delayed as a result…
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BTC to hit $25000🔸Victory: Ripple’s 2nd Court Case🔸Convert your change to Crypto
ETH still struggling Google BTC searches near 3yr low Nano initiated phone charger Dash to give mainstream money a run! Fake news running rampant at DASH Banks, institutions, and audit firms taking over crypto? Brave Browser – 10mil downloads More details concerning McAfee’s $62mil in stolen crypto IOTA’s trinity wallet beta for desktop released Bianance…
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Pharma Stocks Decline as House Democrats Investigate Drug Prices
Stock prices of twelve of the largest pharmaceutical companies in the USA have fallen sharply after the commencement of a Congressional investigation into prescription drug pricing practices. In a statement released yesterday, it was revealed that the House Oversight Committee chaired by Senator Elijah Cummings (D-Md) sent letters requesting information about their pricing strategies to AbbVie, Amgen,…
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Activision Blizzard May Be Accused of Securities Fraud by Investors
Pomerantz Law Firm has issued a shareholder alert and, it says, is investigating Activision Blizzard and its “officers” for possible securities fraud or other “unlawful business practices.” Activision Blizzard announced its split from Destiny creators Bungie on January 10. Immediately following the announcement Activision shares plummeted nearly 10%. Investors are concerned over the loss of…
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Government Shutdown Could Slash US Economic Growth to Zero: JPMorgan CEO Jamie Dimon
Jamie Dimon, the CEO of JPMorgan Chase, warns that the partial US government shutdown could cut the United States’ economic growth to zero if it continues through March 31. “Someone estimated that if it goes on for the whole quarter, it can reduce growth to zero,” Dimon told reporters. He did not cite the source…
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