Swiss Bankers Raise $104-M to Establish Crypto Financial Services Company $BTC, $ETH Seba Crypto AG, a Swiss financial services company run by ex-UBS Group AG bankers, said it raised money as it seeks to become 1 of the world’s 1st regulated banks to let consumers trade paper (fiat) money into cryptocurrency. The Zug HQ’d company […]
Mt Gox Trustee Sold $230-M in Bitcoin, Bitcoin Cash Since March $BTC, $BTH, $USD, $JPY The trustee for the now-defunct Japanese cryptocurrency exchange Mt. Gox has revealed new details about the pace of cryptocurrency sales as part of the firm’s bankruptcy and rehabilitation process. Attorney Nobuaki Kobayashi explained in a 25 September notice on the […]
Cryptocurrencies, the Week in Review $BTCUSD, $ETHUSD,$XRPUSD Most all of the Top 10 digital currencies by market cap posted gainers, with some coins seeing dramatic increases in value quickly. Industry leader Bitcoin is trading above 6,700 as of 1:00p EDT Friday, that marked a gainer of 4%+ from that time 1 day prior, according to data […]
Cryptocurrencies are Becoming More Stable $BTC, $ETH Let’s examines Key factors in the growth of the cryptocurrency industry, and what regulators are doing to mitigate the risks It is an encouraging sign that the cryptocurrency community and regulators have been quick to evolve and respond to risks that have been identified in the market. For […]
Until There are Clear and Present Regulated Guidelines Cryptocurrency will Not be a Robust, Legitimate Asset Class $BTCUSD,$CME, $Cboe There is and has been talk on The Street about financial institutions adding crypto services to their offerings, raising new funds for digital currencies, and even launching dedicated trading desks. But until institutional investors have a regulated, […]
Ferrari’s (NYSE:RACE) CEO Had Shoulder Surgery, Board Meets, He is Out at FCA $RACE, $FCAU The boards of Fiat Chrysler, Ferrari (NYSE:RACE) and CNH Industrial have been called to meet in Italy in light of CEO Sergio Marchionne’s surgery. The three boards were called to separate meetings in Turin, Italy Saturday to consider the prolonged […]
Bitcoin Domination or Hyperbitcoinization? $BTCUSD Hyperbitcoinization is a state in which Bitcoin is expected to become the world’s dominant form of money. The fact that the digital currency is socially wired should work to its advantage when it comes to exponential adoption. Cryptocurrencies enthusiasts expect Bitcoin to displace legacy paper (fiat) currencies and become the […]
Ferrari (NYSE:RACE) to Fit its Electric Power Trains in Maserati’s Alfieri $RACE, $FCAU, $TSLA Maserati’s flagship sports car, the Alfieri, will go electric, offering hybrid, plug-in hybrid and full-electric versions Fiat-Chrysler (NYSE:FCAU) said its 5-year plan Friday. The Italian luxury brand also outlined plans to launch a midsize SUV, all-new versions of the Quattroporte and Levante, and said it intends to electrify […]
Fiat-Chrysler (NYSE:FCAU) 5-Year Plan Due Friday $FCAU, $RACE Fiat Chrysler (NYSE:FCAU) boss Sergio Marchionne, 65 anni, is expected to outline new plans for electric and hybrid cars in a strategy presentation Friday, 1 June, aiming to ensure the world’s 7th-largest carmaker remains the Top performer in the worldwide automotive sector behind Ferrari (NYSE:RACE) Mr. Marchionne […]
Pre-Civil War Fiat Money was Issued Regionally by Private Banks $BTCUSD In the pre-Civil War era, 90% of US money was regionally issued banknotes from private banks. These currencies traded at different rates at different times and places. There were discount books in each town to keep track of how much each currency should be […]
Ferrari (NYSE:RACE) Engineered Maserati Levante Trofeo Fastest SUV in the World $RACE, $FCAU Maserati unveiled the 2019 Levante Trofeo performance SUV Wednesday at the 2018 New York International Auto Show. The Limited Edition Levante Trofeo is powered by 590 hp, twin-turbocharged Ferrari V8. According to Maserati, the Levante Trofeo can do 0-60 mph in 3.7 secs and reach […]
Readers Keep Asking, “What is Bitcoin Gold Really?” $BTCUSD,$BTG Cryptocurrency forks of various types take place regularly. Even Bitcoin has experienced several different iterations and branches this way, and now 1 of the largest and most discussed Bitcoin forks happened late in Y 2017. Bitcoin Gold was a hard fork of the original open source cryptocurrency which took […]
F1: Ferrari (NYSE:RACE) Powered Alfa Romeo Returns the Grid $RACE, $FCAU This season, Alfa Romeo returns to F1 after more than 30 years away, as the sponsor of the Swiss Sauber team. The newly unveiled Alfa Romeo Sauber C37 is the car that will bring the legendary Italian automaker back to F1 grids. And like all 2018 […]
F1: Maserati Plan to Return to the ‘The Grid’ in 2018 $FCAU, $RACE The Trident mark set to return to F1 for the 1st time since the 1950’s as the marque plans to take over naming rights for The Haas Team (US). Italian luxury carmaker Maserati, a unit of Fiat Chrysler (NYSE:FCAU) could return to […]
Bitcoin Dives, China Declares Initial Coin Offerings Illegal $BTCUSD Bitcoin dives after the PBOC, China’s central bank, said ICO (initial coin offerings) are illegal and asked that all related fundraising activity to be halted immediately, issuing the strongest regulatory challenge so far to the burgeoning market for digital token sales. Monday,the PBOC on its website […]
Morgan Stanley Notes: Bitcoin Cannot Match Gold as Inflation Hedge $GLD, $BTCUSD, $MS, $GS Bitcoin is better than Gold and is probably better than conventional fiat (paper) currencies as a medium of exchange. But the conventional view that this new cryptocurrency is also superior to Gold as a hedge against inflation and uncertainty still needs […]
Ferrari (NYSE:RACE) Finishes on All-time Highs $RACE, $FCAU There is no automotive brand in the world with the prestige of Ferrari. In Y 1939 Enzo Ferrari created the iconic Italian company, known as the Maranello Outfit. And to this day wealthy aficionados que up to acquire the latest Special Edition Super and HyperSupercars, priced in the […]
Bitcoin (cryptocurrencies) Emerges as a New Asset Class $GLD, $USD, $BTC No asset has evolved from concept to storing billions of dollars as fast as Bitcoin. In the 7 years since inception, a robust ecosystem has developed. Retail traders have the infrastructure to drive over $1-B in daily liquidity while professionals can access tailored financial […]
Ferrari (NYSE:RACE) Facts About the World’s #1 Automotive Brand $RACE, $FCAU Ferrari (NYSE:RACE) every street and racing Ferrari has been RWD (rear wheel drive). AWD (all wheel drive) was 1st introduced in the Ferrari FF 4 seater and continued onto their GTC/4 Lusso. Ferrari has never made an SUV and says that it will never […]
Cars Do Not Get Faster or Sexier than Ferraris (NYSE:RACE) $RACE, $FCAU When the subject of great cars comes up in a conversation 1 thing is certain, car enthusiasts the world over agree that they (cars) do not get much faster or sexier than Ferraris. Founded 70 years ago, the iconic Italian brand is at […]
The Solid Reasons for Gold in an Investment Portfolio $GLD, $SLV, $ABX, $EXCFF, $SLW, $SPY Gold got crushed in The Trump Election rally post election, but a little over 5 months into Y 2017, the yellow metal is up 10.5%—making it one of the best-performing assets of the year so far. While the outlook for the […]
Alfa Romeo’s Giulia Quadrifoglio, the “Ferrari” Sedan $FCAU, $RACE Fiat Chrysler’s (NYSE:FCAU) Alfa Romeo division has beaten its German and American rivals in building the best driving, handling, and sounding high-performance sport sedan in its class. The Alfa Romeo Giulia Quadrifoglio, or QV, is powered by a Ferrari (NYSE:RACE)-derived 2.9-liter twin-turbo V6 with 505 hp […]
World War 3, The Big Q: Should We Own Gold? $GLD, $SLV, $EXCFF The Greek philosopher Aristotle, student of Plato, teacher of Alexander the Great, and the Father of Logic, listed 4 characteristics of any sound form of Money e.g. Gold and Silver: Durability. It should not be perishable. That’s why, despite all claims to […]