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The first exchange-traded fund based on the popular cryptocurrency XRP is about to be launched in Brazil. According to the Comissão de Valores Mobiliários (CVM), which is basically the equivalent of the Securities and Exchange Commission in the Latin American country, Hashdex, a well-known asset management firm specializing in crypto investments, has received approval to launch the…

(Reuters) – Goldman Sachs has appointed insiders William Connolly and Michael Voris as co-heads of Equity Capital Markets (ECM) in the Americas, according to a memo seen by Reuters on Wednesday. The move comes at a time when Wall Street firms are vying to get more business in their ECM units by winning more mandates…

The broader digital currency ecosystem is undergoing an intensive rebound, with Litecoin (LTC) leading the altcoin rebound. At press time, Litecoin’s price changed hands for $135.57, up by 10.56% in the past 24 hours, per data from CoinMarketCap. This uptrend standard is beginning to show up in the community as the combined market cap is up…

The author (not pictured) taught her kids about financial wealth through investing.kate_sept2004/Getty Images I watched my mother stretch every dollar, so I learned how to build real wealth. I built a career in finance, learning to grow my money over time. I now ensure my kids don’t worry about their salaries that much and instead…

Solana has just seen its biggest price drop in three years, falling 45% from its most recent high. Due to intense selling pressure, the asset — which was among the best performers during the previous bull cycle — is currently causing investors to worry about its short-term future. A strong bearish trend is indicated by…

(Reuters) – Cadence Design Systems forecast its annual revenue and profit below analysts’ estimates on Tuesday, in a sign of soft demand for its chip design software as clients tighten spending in a tough economy. Shares of the San Jose, California-based company fell 5% in extended trading. The company, which counts British chip designer Arm…

he identity of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has long been a subject of speculation in the digital currency space. Matthew Sigel, Head of Digital Asset Research at VanEck’s, has shared his personal belief in the identity of the real Satoshi. Unraveling Satoshi Nakamoto: Why does this matter? Sigel argues that multiple factors have…

Intel (INTC) stock jumped as much as 5% premarket Tuesday following a report that its rivals Broadcom (AVGO) and TSMC (TSM) are exploring potential deals with the chipmaker that would split it into two. The Wall Street Journal reported late Saturday that Broadcom (AVGO) is considering making a bid for Intel’s product business, which designs…

John Reed Stark, former director of the SEC Internet Enforcement Office, believes that the agency will pause the Ripple appeal soon. “Expect all crypto-related appeals, including the appeal of the Ripple matter, to pause or even more likely, to be fully withdrawn,” he said.  This comes after the SEC has seemingly halted the Coinbase case. Recently,…

By Colleen Howe and Trixie Yap (Reuters) – Brent crude oil prices advanced on Tuesday adding to gains in the previous session after a drone attack on an oil pipeline pumping station in Russia reduced flows from Kazakhstan, but gains were capped on the prospects of supply rising soon. Brent crude futures gained 15 cents,…