It is no longer news that blockchain technology is leading transformative impacts across multiple industries around the world. One of these transformative impacts is the elimination of intermediaries, and it…
Author archives: Cristian Bustos
U.K. Economy, Recovering At Slowest Pace Since Lockdown
The U.K. economy showed its lowest recovery pace since lockdown after jumping 1.3% during the third quarter. The official data revealed on Thursday will be a key ingredient in the…
Elon Musk Has Sold $5 Billion In Tesla Shares
Following the results of a Twitter poll, Tesla Inc (NASDAQ:TSLA) CEO Elon Musk sold Tesla shares worth around $5 billion. The sale is his first since 2016 and takes place…
Enter The Metaverse: A Tidal Wave Of Change Is Coming
Envisioning that the future for social networking will be digitally immersive augmented virtual experiences, Facebook rebranded its name to Meta. The metaverse is coming. Q3 2021 hedge fund letters, conferences…
U.S. Household Debt Hits A Record $15 Trillion According To Fed
U.S. household debt has reached a new record in the U.S. A report by the Federal Reserve says that American homes’ debt has hit $15.24 trillion as people are splurging…
Elon Musk’s Fortune Takes $50 Billion Dent In Two Days After Twitter Poll
Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), has seen his fortune shrink by $50 billion in just two days after the company shares plunged by 16%. The stock dived over…
Daniel Schlaepfer: “There Is No Such Thing As Free Day Trading”
High on the list of all the trends, habits, and businesses that the pandemic changed or helped boost, is day trading. Cerulli Associates asserts that during the peak of the…
Blockchain Promises To Battle The Menace Of Fake Documents In The Digital Age
In July, the Spanish police and Europol seized thousands of counterfeit passports and ID cards in Barcelona. They carried out multiple raids to dismantle an organized crime group involved in…
Ford’s Jim Farley On Tesla: “No One Does EV Better”
In a recent internal meeting the CEO of Ford Motor Company (NYSE:F), Jim Farley, expressed his admiration of Elon Musk’s company. He asserted that Tesla Inc (NASDAQ:TSLA) builds electric cars…
Bitcoin Price Surges To New Record, Ethereum Up From All-Time High
Bitcoin price soared to a new $68,025 record as ethereum jumped 1% to $4,814 on Tuesday from an all-time high two days earlier. This way, bitcoin –the largest cryptocurrency in…