Monthly Archives: November 2021

(Hedgeweek) Digital asset investment products saw inflows totalling USD174 million last week, marking the 12th consecutive week of inflows, according to the latest Digital Asset Fund Flows Weekly report from Coinshares. To read this article:

(Reuters) The venture firm of U.S. investor Alexis Ohanian, co-founder of social media site Reddit, has teamed up with the venture arm of the Solana Labs blockchain for a $100 million investment initiative in decentralized social projects, both firms said […]

(CNBC) Coinbase, the largest cryptocurrency exchange in the U.S., reported third-quarter earnings after the bell on Tuesday and missed analysts’ estimates on revenue. The stock sank more than 13% in extended trading. To read this article:

CNBC) The consumer price index is expected to have risen nearly 6% in October, the most in three decades. Inflation could remain elevated into early next year, as rents and other costs continue to increase. To read this article:

(CNBC) Bitcoin’s recent breakout likely has legs, but investors should be cautious with how much of the cryptocurrency they own, says Inside Edge Capital Management founder Todd Gordon. To read this article:

(CNBC) JPMorgan has upgraded U.K. stocks to “overweight,” ending years of caution on British equity markets which the bank said are now trading at a “record discount.” The Wall Street giant had held a longstanding cautious call on U.K. equities […]

(CNBC)Bitcoin and ether hit new all-time highs on Monday evening. Bitcoin’s price at one point rose above $67,700 – eclipsing a previous record set in late October – while ether, the native token of ethereum’s blockchain, surpassed $4,800 for the […]

(CNBC) Stocks tied to infrastructure moved higher on Monday morning after the House of Representatives passed a $1 trillion bill over the weekend, giving President Joe Biden one of his signature achievements and rewarding investors who bet on his plan. […]

(CNBC) PayPal reported revenue growth for the third quarter of 13% on Monday and said it’s teaming up with Amazon to let U.S. customers pay with Venmo at checkout, starting in 2022. However, after initially rising in extended trading, PayPal […]

(CNBC) AMC Entertainment shares fell more than 5% in extended trading Monday even though the movie theater operator posted a third-quarter loss that was narrower than expected. “Our financial results continue to improve,” CEO Adam Aron said in a statement […]

(Reuters) A union-affiliated pension fund advisor pressing Rivian on human rights and environment concerns in the electric vehicle startup’s battery supply chain ahead of a blockbuster initial public offering said on Monday the company’s response fell short of expectations. To […]