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February 2022

Walmart’s earnings may signal if shoppers are spending or getting spooked by inflation

Walmart’s earnings may signal if shoppers are spending or getting spooked by inflation

Leave a Comment / Business, Stock market /

KEY POINTS Walmart will report its fiscal fourth-quarter earnings on Thursday. Along with reporting holiday results, the retail giant may be a bellwether of inflation and indicate whether Americans are starting to spend differently as prices of food and more rise. “The voice of Walmart carries more weight in the context of ‘How healthy is […]

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Art lovers can own part of an NFT of Gustav Klimt’s ‘The Kiss’

Art lovers can own part of an NFT of Gustav Klimt’s ‘The Kiss’

Leave a Comment / NFTs /

The museum with world’s largest collection of Gustav Klimt paintings celebrates Valentine’s Day with its own “digital declaration of love.” The Belvedere museum in Vienna collaborated with the artèQ investment fund to launch a nonfungible token (NFT) drop inspired by one of Austrian painter Gustav Klimt’s most famous works “The Kiss.” Released on Valentine’s Day, a digital copy of

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Marshall Islands Legally Recognizes DAOs

Marshall Islands Legally Recognizes DAOs

Leave a Comment / Cryptocurrency, Regulation /

For the first time in history, a sovereign nation has recognized Decentralized Autonomous Organizations as legal entities. “A unique moment” in the blockchain revolution The Marshall Islands are an archipelago in the North Pacific hosting roughly 60,000 inhabitants. They are no stranger to crypto, though. In March 2020, they partnered with Alogrand for the launch of a

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Berkshire Hathaway Invests B in Brazilian Digital Bank Nubank, Reduces Mastercard, Visa Positions

Berkshire Hathaway Invests $1B in Brazilian Digital Bank Nubank, Reduces Mastercard, Visa Positions

Leave a Comment / Business, Stock market /

The share purchase was made in the last quarter of 2021, according to an SEC filing. Berkshire Hathaway bought $1 billion in shares of Brazilian digital bank Nubank in the fourth quarter of 2021, according to a 13F SEC filing. In December 2021, when Nubank went public, Berkshire Hathaway reportedly acquired 30 million shares for a total of

Berkshire Hathaway Invests $1B in Brazilian Digital Bank Nubank, Reduces Mastercard, Visa Positions Read More »

Coinbase Allows Crypto Investors to Cash Out in Pesos in Mexico

Coinbase Allows Crypto Investors to Cash Out in Pesos in Mexico

Leave a Comment / CeFi News, Crypto/Blockchain /

Coinbase, the largest U.S. cryptocurrency exchange, said it launched a pilot program in Mexico on Tuesday, allowing crypto traders in Mexico to cash out cryptocurrencies in Pesos, Reuters reported. According to the official coinbase blog, crypto recipients in Mexico can now opt to cash out their balance by generating an exchange code on the Coinbase app that

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New York Stock Exchange Files Trademark for Offering Trading Services in the Metaverse

New York Stock Exchange Files Trademark for Offering Trading Services in the Metaverse

Leave a Comment / Metaverse, NFTs /

The New York Stock Exchange (NYSE) has registered a trademark application to offer digital currency and NFT trading services in the metaverse. The application, filed on February 10th, constitutes the first foray of the company into the concept of the metaverse. The organization might be competing with other exchanges and established NFT marketplaces in the

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The future of digital health is consolidating, which could be beneficial to you.

The future of digital health is consolidating, which could be beneficial to you.

Leave a Comment / Insurance /

The future of digital health is consolidating, which could be beneficial to you. The past year brought the crucial nature of virtual care to the forefront. From mitigating the spread of the coronavirus to connecting isolated patients and providing care for non-COVID-19 patients, we have seen validation of telehealth under the most extreme circumstances as

The future of digital health is consolidating, which could be beneficial to you. Read More »

Investors’ conflict playbook: How to protect their portfolios if Russia invades Ukraine.

Investors’ conflict playbook: How to protect their portfolios if Russia invades Ukraine.

Leave a Comment / Personal Financial Planning /

It’s difficult to envision a Russian military intrusion of Ukraine being viewed as something besides a significant international shock. But worldwide financial backers have up until this point shown little tendency to stop assets in conventional places of refuge regardless of long stretches of threatening troop developments, retaliation dangers and transport strategy. Investors’ conflict playbook:

Investors’ conflict playbook: How to protect their portfolios if Russia invades Ukraine. Read More »

What is the future of traditional banks, bitcoin, and payment processing companies?

What is the future of traditional banks, bitcoin, and payment processing companies?

Leave a Comment / Bitcoin News, CeFi News /

Title: What is the future of traditional banks, bitcoin, and payment processing companies? Why Banks are Cautious of Cryptocurrencies According to a study conducted by the Association of Certified Anti-Money Laundering Specialists (ACAMS) and the U.K.’s Royal United Services Institute, nearly 63% of respondents who work in the banking industry perceive cryptocurrency as a risk

What is the future of traditional banks, bitcoin, and payment processing companies? Read More »

Burger King parent’s earnings top estimates, fueled by digital sales growth

Burger King parent’s earnings top estimates, fueled by digital sales growth

Leave a Comment / Business, Stock market /

KEY POINTS Restaurant Brands International on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations. The company said global digital sales climbed from $6 billion in 2020 to $10 billion in 2021, accounting for 30% of its system-wide sales. Popeyes reported same-store sales declines, while Burger King and Tim Hortons both reported strong same-store sales growth.

Burger King parent’s earnings top estimates, fueled by digital sales growth Read More »

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