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Cryptocurrency kiosks, sometimes called cryptocurrency ATMs or Bitcoin ATMs, look like traditional ATMs and allow customers to exchange cash for cryptocurrency. They’re often located in convenience stores and gas stations. I wrote a column in 2024 describing how they were being used to facilitate scams. Crooks convince victims they need to send money for some…

Photo by BeInCrypto Bloomberg senior ETF analyst Eric Balchunas says Bitcoin ETFs will eventually hold three times as much money as gold ETFs. At today’s levels, that is a huge call. Global gold ETFs held about $615 billion at the end of August. Three times that would put Bitcoin ETF assets near $1.85 trillion, roughly…

Several years ago, investors may have only looked at the world’s biggest tech stocks individually. In recent years, however, these market behemoths have become part of an unofficial but exclusive group: the “Magnificent Seven,” inspired by the 1960 Western. These stocks are Apple (AAPL +1.38%), Amazon (AMZN +2.13%), Alphabet (GOOG +1.27%) (GOOGL +1.30%), Meta Platforms…

The Federal Reserve raised interest rates 25 basis points yesterday, lifting the federal funds target range to 3.75%-4.00% as policymakers cited still-elevated inflation. The move puts renewed monetary tightening in focus, with higher rates potentially pressuring economic growth, increasing borrowing costs, and compressing valuation multiples across the tech sector. However, companies with fortress balance sheets,…

Baby Boomers held their bitcoin ETF positions through a savage drawdown and analysts are calling it a show of discipline, but the benchmark they were quietly measured against tells a far more uncomfortable story. This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.…

More pain may be in store for the bond market at the hands of the Fed’s fresh interest rate hike if history is any guide. Think 6% on the US Treasury yield, up from the already worrying level of 5% today. Historically, the 10-year US Treasury yield has risen about 50 basis points on average…

Has Tesla (TSLA +0.42%) lost its mojo? If you had invested in the stock shortly after its IPO in 2010 and held onto it until now, you would have earned outstanding returns. But in recent years, the electric vehicle (EV) maker hasn’t been nearly as impressive a performer — case in point: The company’s shares…

Key Takeaways Table of Contents UBS analysts believe Nvidia is underpriced based on their HOLT valuation model, projecting an 86% cash flow return on investment Shares opened Thursday at $213.90 and have traded sideways for three months, rising just 1.5% during that timeframe The company delivered record quarterly revenue of $96.22 billion, representing a 105.9%…

In a historic shift for monetary policy, the Federal Reserve raised its benchmark federal funds rate by 25 basis points to a target range of 3.75-4.00% on Sept. 16, 2026. This marks the central bank’s first interest rate hike in more than three years, ending a long period of policy accommodation that traced back to…

Nike, the iconic sportswear brand, is teetering on the edge of removal from the Dow Jones Industrial Average, where it has held a spot since 2013. This possibility follows the company’s exclusion from the S&P 100 as its market value fell sharply by 80% due to lagging sales and heightened competition. The company has faced…