Well, it was not the most eloquent of statements, and it was something President Joe Biden would say. Following the Derek Chauvin verdict, Democrats took advantage of the opportunity to make it about them. During the remarks, House Speaker Nancy Pelosi essentially thanked a black man for dying. She said during a news conference: “Thank […]
Archives for April 2021
Coinbase shares rebound, rally 5% to an intraday high of $346
Coinbase shares are rebounding to close out the trading week. The cryptocurrency exchange stock is hovering around $340 per share, thanks to a five percent jump. Coinbase slumped during its second trading session, falling as much as 25 percent. Can the stock survive if bitcoin prices slide? It should be an interesting year or two […]
Taper tantrums and heat waves? Get ready for a wild summer 2021
By: Andrew Moran This year, the dog days of summer might turn out to be like a Michael Bay film, with The Lovin’ Spoonful’s iconic “Summer in the City” as the soundtrack. America, and perhaps even the rest of the world, could be in for quite a ride if early indicators are to be believed. […]
China’s gold purchases return to pre-pandemic levels, imports total $8.5 billion in March
China is thirsty for gold again. The world’s second-largest economy is renewing its appetite for the yellow metal as China purchased approximately 150 tons of gold, worth approximately $8.5 billion. The shipments are expected to arrive in May. People’s Bank of China (PBoC) officials had eased restrictions on gold imports. Beijing maintains a quota system […]
Coinbase debuts at $381 on Nasdaq, trades as high as $429
Coinbase to the moon? The cryptocurrency exchange shared opened at $381 on the Nasdaq Composite Index, earning a market capitalization of $99.6 billion following its debut. It had initially been given a reference point of $250, but no shares had traded at that price, so Coinbase value soared when it went public. The stock had […]