On June 18, 2022, Bitcoin’s price dropped under $20,000 for the first time since December 2020. Bitcoin showed a remarkable growth during the COVID-19 pandemic, especially during the lockdown era, with the price of the digital currency surging by 300%. However, as the famous saying goes, “The higher they rise, the harder they fall,” which is what Bitcoin is experiencing.
by Matin VarshochiIn the first quarter of 2020, when the COVID-19 pandemic first began, household wealth declined. However, since then, it has continued to rise, until now. A new recent report released by the Federal Reserve looked at the wealth of households and highlighted key financial data regarding where money is rising and falling.
by Matin VarshochiOver the past couple of weeks, investor confidence has been dropping in both the crypto and stock markets. Moreover, with the current economic climate, many investors have begun offloading most of their investments as there are rising concerns about a potential recession, leading to a crypto bear market.
by Matin VarshochiBuying a home is a big deal, so it is important to be financially prepared in advance. Here are nine steps to take to prepare yourself to become a homeowner.
by Shaun MorganOn March 9, 2022, Amazon approved a 20-for-1 stock split. The split means that each shareholder, by the end of May 27, 2022, will receive 19 additional shares when the transaction occurs.
by Sheena AllenNike is expanding into the Metaverse by acquiring RTFKT Studios. RTFKT specializes in producing items with a mix of culture and gaming elements in the digital world. This makes Nike one of the first apparel companies to expand into the Metaverse.
by Matin VarshochiDepending on what country you are traveling to, exchanging your money into the country’s currency is an essential part of travel. Therefore, before you travel to a different country, it is helpful to understand the country's exchange rate.
by Sheena AllenThe Netflix Original TV show Squid Game provided a series of nail biters, plot twists, and lessons about money.
by Sheena AllenThe Chinese central bank released a statement on Friday, September 24, 2021 stating that they are prohibiting the use and mining of all cryptocurrencies.
by Viviana VazquezIn June 2021, El Salvador passed a bill stating it would recognize Bitcoin as a financial commodity. On September 7, 2021, they became the first country to adopt digital currency as its legal tender.
by Matin VarshochiPublicly traded companies on the stock market are identified by their stock ticker symbol, which is a unique set of letters, numbers, or both. Stock tickers are an identifier of the stock name itself.
by CapWay