Regulation isn’t all that bad. The more people understand blockchain tech and crypto as a whole, the more interest in investing is generated. Play the long game [Happy]
SEC Moves First DeFi Unregistered Securities Lawsuit
The United States Securities and Exchange Commission sued the organization responsible for the development of a decentralized finance protocol over activities involved with the project for the first time.What Happened: According to a Friday SEC announcement, the agency has sued Cayman Islands-based Blockchain Credit Partners and two of its top executives over allegedly selling unregistered securities through its DeFi Money Market platform from February 2020 to February 2021. The firm purported
I wouldn’t call this FUD but there are safer plays out there. No point going for riskier plays when the rewards are not commensurate with the risk levels. The article is simply asking us to manage expectations especially in a developing industry
Price will gradually reflect fundamentals now. I’d avoid piling into stocks all at once right now. The better play would be to average down for the next year
The S&P 500 Can Rise Another 6% This Year, Goldman Sachs Says. Why It’s So Upbeat.
Goldman Sachs strategists raised their target for the S&P 500, saying corporate earnings have been t
Now is not the time to be fearful, especially when stocks are oversold and undervalued [Miser]
Alibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week
The parade of second-quarter results continues this week. No fewer than 143 S&P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Dig