Category:

Eve and FlyBIS Announce Letter of Intent to Develop eVTOL Operations in Brazil and Latin America

Letter of Intent includes purchase of up to 40 electric vertical take-off and landing (eVTOL) aircraft MELBOURNE, Fla., Dec. 8, 2022 /PRNewswire/ — Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) has signed a Letter of Intent (LOI) with FlyBIS Aviation Limited (“FlyBIS”), an advanced air mobility start-up based in Caxias do Sul, in the south […]

Continue Reading
Posted On :
Category:

StarCompliance Named in RegTech100 2023

The compliance technology solutions leader was selected for its ability to help firms and their employees meet the strictest regulatory standards ROCKVILLE, Md., Dec. 8, 2022 /PRNewswire/ — StarCompliance (“Star”), a leader in compliance technology solutions, has been recognized in FinTech Global’s RegTech100 list, which was unveiled today. Continue Reading The annual RegTech100 list recognizes […]

Continue Reading
Posted On :
Category:

Thinking about trading options or stock in Ciena, Tesla, Alibaba, Wynn Resorts, or Walmart?

NEW YORK, Dec. 8, 2022 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for CIEN, TSLA, BABA, WYNN, and WMT. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects […]

Continue Reading
Posted On :
Category:

Thinking about trading options or stock in Prometheus Biosciences, Apple, Chevron, DexCom, or Amazon?

NEW YORK, Dec. 8, 2022 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for RXDX, AAPL, CVX, DXCM, and AMZN. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects […]

Continue Reading
Posted On :
Category:

New Water Capital Fund II Completes 5 Acquisitions in 13 Months with Purchase of 2 FIBC Providers Bulk Lift and Bagwell

BOCA RATON, Fla., Dec. 8, 2022 /PRNewswire/ — Private equity firm New Water Capital (NWC) announced today an investment in the flexible intermediate bulk container (FIBC) sector, with the acquisition of Bulk Lift International LLC (Bulk Lift) and Bagwell Supply Ltd. (Bagwell) – two North American designers, manufacturers and value-added distributors of FIBCs and complementary […]

Continue Reading
Posted On :
Category:

5 Essential Things Employees Can Teach Leaders About Growth, Success and Happiness

Opinions expressed by Entrepreneur contributors are their own. In the era of entrepreneurship and business ownership, many aspiring leaders focus on collecting as much knowledge as possible in terms of running a company or maintaining dazzling team performance. Everyone wants to be the best version of themselves when it comes to professional growth and development. […]

Continue Reading
Posted On :

Why is Bitcoin price down today?

Bitcoin (BTC) price has seen a gradual decline in its bullish momentum to hit a new monthly low at $16,736 on Dec. 3. The move follows a market-wide decline that has already set BTC capitulation records in the aftermath of the FTX-induced contagion.Stocks started the day slightly up after losing nearly 1,000 points since the start of the week. To date, Bitcoin price remains closely correlated to equities and stock market investors have concerns about the policy discussions that will occur at the next Federal Open Market Committee (FOMC) meeting on Dec. 13. BTC correlation to equities. Arcane ResearchWhile some analysts believe Bitcoin’s bottom is near, others believe more downside is on the way due to BTC’s close correlation to DXY and equities.Let’s investigate the main reasons why the Bitcoin price is down today. On-chain data cites historic “peak realized losses”Bitcoin price is reacting to a near year-long downtrend and the recent stress caused by FTX’s bankruptcy. The most recent price downturn came right as analysts predicted that a bear market bottom had been found.Data from Glassnode shows Bitcoin hit an all-time low in realized profit-to-loss ratio. Bitcoin realized profit and loss. Source: GlassnodeWhile this data may suggest that Bitcoin price recovery is possible, the overall market can continue to exacerbate these losses. Generally, these large losses may remove some entities from the market altogether, hindering recovery. Rising interest rates in the US and abroad weigh on Bitcoin priceBased on the Consumer Price Index Report, inflation in the United States increased by 0.4% in October compared to the previous month. Inflation has been a determining factor in raising interest rates.The Consumer Price Index report – the most widely followed barometer of inflationary pressure in the United States – climbed 7.7% in October compared to the same month a year ago. With the upcoming CPI reporting event on Dec. 13, Bitcoin may continue to see volatility as the overall market reacts to the numbers. FTX contagion led to deleveraging and reduced liquidity in the crypto marketIn the last two weeks, balance sheet documents and other leaked spreadsheets have highlighted the high degree of commingling that was happening between market makers like FTX, Alameda and other major players in the crypto sector. DCG’s Grayscale Bitcoin Trust currently holds 633,000 BTC, placing it as one of the largest holders of the digital asset. Another Digital Currency Group (DCG) subsidiary, Genesis Trading has exposure to FTX and the recent volatility has left an apparent $1 billion hole in their balance sheet. The fact that Genesis is struggling to secure funding, and signaling that it may have no other choice but to file for bankruptcy, is causing investors to believe another next black swan event is in the making. Grayscale BTC holdings. Source: CoinglassAs market makers and firms struggle to maintain operations, the fall-out is witnessed directly through reduced trading volumes. According to Arcane Research, on Nov. 29, the real spot volume in BTC reached $510m, lows not seen since Oct. 2020. It should be noted that the statistic does not include Binance. Real BTC-USD Daily Volume. Source: Arcane ResearchRelated: Why is the crypto market down today?Further proof of a liquidity squeeze within the crypto market came from Blockstream, a top Bitcoin mining firm, raising funding at 70% lower than the company valuation. This is further proof that fallout from FTX may continue to ripple through large companies.SoFi is also under pressure from regulators. The Senate Bank Committee warned the company in letters on Nov. 21 to conform to banking standards. A response by SoFi is demanded by Dec. 8. In addition to the letter to SoFi, the Senate Banking Committee sent a letter to Treasury Secretary Janet Yellen to step in and reduce spillover.Is there a chance for Bitcoin price to reverse course? The short-term uncertainties in the crypto market do not appear to have changed institutional investors’ long-term outlook. According to BNY Mellon CEO Robin Vince, a poll commissioned by the bank found that 91% of institutional investors were interested in investing in tokenized assets in the following years. Around 40% of them already have cryptocurrency in their portfolios and approximately 75% are actively investing in digital assets or considering doing so.Worries are high after the FTX meltdown and the large divestment from Bitcoin is reflected by the high realized losses and correlation to the overall macro equities environment. With the FOMC upcoming, further divestment to reduce risk is possible. In the long term market participants still expect the price of Bitcoin to go up, especially as more banks and financial institutions are seemingly turning to digital cash for settlement purposes even amidst the chaos. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

Continue Reading
Posted On :
Category:

6 Proven Ways to Continually Grow Your Business

Opinions expressed by Entrepreneur contributors are their own. If you’ve established a business and managed to get it off the ground and are now achieving a small profit — congratulations! Most startups don’t even get that far. But this doesn’t mean there is time to rest. If you’re not continuously thinking of ways to move […]

Continue Reading
Posted On :
Category:

The Power of Offline Events for Online Communities

Opinions expressed by Entrepreneur contributors are their own. A coach knows the effort that goes into building and nurturing an online community. The internet is like an ocean with so much information. In the age of information abundance, only a few coaches and trainers manage to build their own island — or expertise domain — […]

Continue Reading
Posted On :
Category:

Happy Birthday, Riskalyze!

Bonus!  Watch CEO Aaron Klein prove he IS ready for primetime with February’s inaugural Video Fintech Report Card! It should come as no surprise that Ethical-Advisor.Com supports clear, consistent conversations with Wealth Management clients about the risks in their portfolios.  As an early-ish adopter, we were amazed by the conversations that Riskalyze facilitated.  Quarterly meetings, […]

Continue Reading
Posted On :

FBI Warning Healthcare Providers to Prepare for Ransomware Attacks

The Federal Bureau of Investigation (FBI) is warning hospitals and healthcare providers to brace for a deluge of ransomware attacks. The advisory, which was issued jointly with the Cybersecurity and Infrastructure Security Agency (CISA) and the Department of Health and Human Services (HHS), states that the agencies have “credible information” of an increased and imminent cybercrime threat […]

Continue Reading
Posted On :

What Should Businesses Expect under California’s Proposition 24?

Since taking effect on January 1, 2020, the CCPA has faced criticism from both business and consumer privacy groups due to its ambiguity. The Privacy Rights and Enforcement Act seeks to strengthen and clarify the CCPA, as well as establish a dedicated enforcement agency. California Consumer Privacy Act Former Gov. Jerry Brown signed the California Consumer […]

Continue Reading
Posted On :

Is NYDFS Targeting Social Media for Its Next Round of Cyber Regulations?

Is NYDFS Targeting Social Media for Its Next Round of Cyber Regulations? After adopting comprehensive cybersecurity regulations for financial services companies, the New York State Department of Financial Services (NYDFS) is now turning its attention to social media companies. The agency recently concluded its investigation into the recent Twitter hack aimed at accounts of cryptocurrency firms and […]

Continue Reading
Posted On :
Category:

Las Vegas Sands Seeks To Be ‘Sans Vegas’ By Selling Vegas Strip Casino Resorts

Las Vegas Sands (LVS) is looking to sell its two hotel-casino properties on the Las Vegas Strip, as casinos and convention centers remain largely closed as the pandemic drags on. LVS stock  fell, with other casino stocks falling further. X A Sands spokesman confirmed that discussions have taken place, though nothing has been finalized, according […]

Continue Reading
Posted On :
Category:

Boeing To Report Another Tough Quarter But Watch For This Sign Of Improvement

Boeing (BA) is expected to report another tough quarter Wednesday amid the coronavirus pandemic and its 737 Max grounding. Boeing stock fell. X Estimates: Analysts expect a loss of $2.33 per share vs. a profit of $1.45 per share in the year-ago quarter. Revenue is seen falling 31% to $13.81 billion. Results: Check back tomorrow. A […]

Continue Reading
Posted On :
Category:

Crocs Earnings Run Past Views Again; Stock Rises

Specialty footwear company Crocs (CROX), fresh off its blockbuster collaboration with Justin Bieber, reported strong third-quarter earnings before Tuesday’s open. Crocs stock jumped. X Crocs Earnings Earnings: Analysts expected Crocs earnings to rise 19% to 68 cents a share, according to Zacks Investment Research. They saw revenue up 10% to $345.12 million, a 10% gain. […]

Continue Reading
Posted On :