Ethereum co-founder Vitalik Buterin has come out swinging in defense of Decentralized Autonomous Organizations (DAOs), arguing that in some circumstances they can be more efficient and fairer than a traditional corporate structure. In theory DAOs are collectively owned and managed by their members and have no central leadership. All decisions relating to aspects such as
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The chief investment officer of asset management firm Guggenheim, Scott Minerd, says that the current market has delivered “the greatest investing opportunity of a generation.” He also warned about some investments that he expects to decline further. Guggenheim’s Scott Minerd on ‘the Greatest Investing Opportunity of a Generation’ The chief investment officer (CIO) of Guggenheim
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Municipals sold off across the yield curve amid elevated selling pressure as the first day of the Federal Open Market Committee meeting began Tuesday, with the one-year muni well above 2.5% and the 10-year surpassing 3%. U.S. Treasuries were weaker and equities ended down. Triple-A benchmark yields rose eight to 10 basis points, depending on
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It appeared Judge Laura Taylor Swain is leaning toward ordering more mediation in the Puerto Rico Electric Power Authority bankruptcy case. She directed the mediators on Tuesday to provide a proposal by Monday that offers “additional provisions” to “overcome obstacles.” Swain cancelled a virtual court hearing on PREPA’s bankruptcy, scheduled for Wednesday, vowing to reschedule
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Liz Truss has declared that cutting taxes for the wealthy and profitable companies is not “unfair”, signalling a radical shift in economic policy ahead of a growth-focused mini-Budget on Friday. The UK prime minister has signed off plans to cut national insurance, a policy that will disproportionately help the better-off, reverse a planned rise in
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The Slow Stochastic isn’t necessarily among the top three of most popular indicators but it does have a large and loyal following. Our trading expert David Jones takes a look at the math behind it, ways to adjust its parameters and different tricks and tips on how to get the best out of it. It’s
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While Ethereum-based layer-2 solutions have been focused on hyperscaling the network, Ethereum co-founder Vitalik Buterin believes layer 3s will serve a far different purpose — providing “customized functionality.”  Buterin shared his thoughts in a Sept. 17 post, providing three “visions” of what layer 3s will be used for in the future. The Ethereum co-founder said
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Puerto Rico Electric Power Authority bondholders asked the bankruptcy court Monday to dismiss the proceedings as a step to appointing a receiver for the authority after the Oversight Board abruptly ended mediation Saturday morning. The bondholders may get to choose the receiver for the authority, which could “set affordable and sustainable electricity rates sufficient for
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Here’re seven steps to investing in your first stock. If you’ve never placed a trade in your life, don’t worry. These are the simple steps that you will help you understand the stock market and what it takes to become a successful trader. #stockmarket #investingstocks #tradingbeginners #firststock #learntrading #tradingstocks Posted at: https://tradersfly.com/blog/getting-started-in-the-stock-market-and-investing ? Newsletter &
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Our second video with David Jones focuses on the relationship between fear, anxiety and the amount of risk traders should tolerate. We talk about the critical points in time when a trader has to decide whether to close or keep an open position. Managing emotions at these junctures is as important as finding good entry
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Lukas Walton Builders Vision, the investing and philanthropy platform of billionaire Lukas Walton, has shifted its $1 billion endowment into what it calls “impact investments,” leading a broader shift in family offices to connect their investing and giving. Chicago-based Builders Vision will announce today that its Builders Initiative Foundation has moved 90% of its endowment
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FTX CEO Sam Bankman-Fried has been shopping for bargains amid the industry’s recent carnage and said he still has cash to spend if opportunity knocks. It may seem strange. Other multibillion-dollar crypto giants spiraled into bankruptcy this year. FTX’s main competitor, Coinbase, has seen its shares plunge 70% and has laid off a fifth of
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