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Browsing Archive: January, 2022

A Black-Owned Boutique Hotel Made Of Shipping Containers Opens In Indianapolis This Summer

Posted by Parker Diakite on Sunday, January 30, 2022, In : 848FINACE 

A Black woman is bringing a boutique hotel made of shipping containers to Indianapolis in the summer of 2022. 

A Black-Owned Boutique Hotel Made Of Shipping Containers Opens In Indianapolis This Summer
© Provided by TravelNoireA Black-Owned Boutique Hotel Made Of Shipping Containers Opens In Indianapolis This Summer

Robin Staten, an Indy native, is the owner of Tiny Urban Escapes – a one-of-a-kind experience that’s transforming up-cycled shipping containers into micro semi-glass private suites. 

“This goes beyond hospitality,” Staten told the Indy Star.  “The intent is to t...


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Crypto collapse erases more than $1 trillion in wealth, forcing a reckoning for everyday investors

Posted by Tory Newmyer, Jeff Stein, Nitasha Tiku on Sunday, January 30, 2022, In : Technical Analysis 


By the end of last year, the value of Hasten Carter’s cryptocurrency holdings had climbed to about $250,000. He moved to a nicer apartment, bought a new truck, and started thinking about pursuing his dream of a full-time career in game development.

But over the past two months, the value of cryptocurrencies has plummeted, taking with it much of Carter’s digital nest egg, a mix of Ethereum, the second-most popular cryptocurrency, and a number of more obscure coins.

“It’s gotten out of ha...


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Whenever the Dow and the S&P 500 fall below this key support level, stocks typically come roaring back

Posted by Mark Hulbert on Sunday, January 30, 2022, In : 848FINACE 
Whenever the Dow and the S&P 500 fall below this key support level, stocks typically come roaring back

Breaking the 200-day moving average is not the kiss of death for U.S. stocks, which might explain why the Dow Jones Industrial Average on Jan. 24 recovered from a 1,000-point plunge and finished up for the day. It was just late last week when both the Dow and S&P 500 breached their respective 200-day moving averages — considered by many stock-market technicians to indicate that the market’s major trend has turned down.

The historical record does not support this bearish interpretation. The...


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The crypto crash isn't just tulip-trading — it's a result of the toxic entitlement that led to Trump

Posted by Amanda Marcotte on Sunday, January 30, 2022, In : 848FINACE 

Man wearing animal mask and blue business suit getting in car Getty Images/Westend61

It was an outcome that anyone familiar with the terms "tulip trading" or "Beanie Babies" could see coming: Cryptocurrency is crashing. Prices for cryptocurrencies "have cratered since reaching all-time highs in early November, wiping out an astonishing $1.35 trillion in value globally, nearly half of the total market," the Washington Post reports.

The whole thing had an air of a pyramid scheme to it. Media hype...


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Bitcoin, Ethereum, Dogecoin Breathe A Sigh Of Relief After Fed Meeting — Here Is Why The Apex Coin May Have Bottomed Out

Posted by Shivdeep Dhaliwal on Sunday, January 30, 2022, In : Technical Analysis 

Bitcoin, Ethereum, Dogecoin Breathe A Sigh Of Relief After Fed Meeting — Here Is Why The Apex Coin May Have Bottomed Out


Bitcoin (CRYPTO: BTC) and other major coins traded higher on Wednesday evening as the global cryptocurrency market cap rose 0.3% to $1.8 trillion. 

What Happened: The apex coin traded 0.7% higher over 24 hours at $37,066.50 over 24 hours. For the week, it has fallen 11%.

Ethereum (CRYPTO: ETH) rose 1.9% higher over 24 hours at $2,495.30 over 24 hours. Over a seven-day trailing period, it has declined 19.4%.

Meme cryptocurrency Dogecoin (CRYPTO: DOGE) was up 0.3% over 24 hours at $0.14 over 24 ho...


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‘From market’s best friend to enemy’: Asian shares plunge as US Fed nails on rate rise

Posted by Martin Farrer on Sunday, January 30, 2022, In : 848FINACE 


Stock markets in Asia have tumbled to their lowest in nearly 15 months after America’s central bank chief confirmed widely expected plans to tackle higher inflation with an increase in interest rates this year, beginning in March.

With investors also concerned about political tensions between Russia and Ukraine, supply chain problems and rising oil prices, the prospect of sustained increases in the cost of borrowing by the world’s most powerful economy sent a spasm of anxiety through finan...


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Bitcoin, ethereum prices tumble as cryptocurrencies continue their downward slide

Posted by Diksha Madhok on Saturday, January 22, 2022, In : Technical Analysis 


Cryptocurrencies have had a dismal start to the year, and continue to plunge as major economies around the world look to curb their growing popularity.

Bitcoin has fallen over 7% in the last 24 hours, and was trading at $39,097 as of 3:00 am ET, according to CoinDesk. The world's most valuable cryptocurrency has plummeted over 15% since the beginning of the year. In November it was trading at a record high of $68,990.

Its peers have fared worse recently. Ethereum, which is the world's second mo...


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Pharrell Williams and David Grutman’s Newest Hotel in the Bahamas Pays Homage to a Midcentury Icon

Posted by Jessica Cherner on Saturday, January 22, 2022, In : 848FINACE 
Sneak Peek: Pharrell Williams's New Tropi-cool Miami Restaurant and Lounge  | Architectural Digest

Rarely does a new hotel’s name—especially one that’s not followed by that of a hospitality group such as Aman or Rosewood Hotels & Resorts—present potential guests with a clear sense of place. Such is not the case, however, for Somewhere Else, Pharrell Williams and Miami Beach–based hospitality entrepreneur David Grutman’s newest collaborative project on the Bahamas’s Paradise Island. The clever name, a bit unusual for a hotel, may be intriguingly vague, but it offers something ...


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Top NFL Draft Prospect Kayvon Thibodeaux Adds A NIL Deal To His List Of Entrepreneurial Moves

Posted by Ngozi Nwanji on Saturday, January 22, 2022, In : 848FINACE 


The time is inching near to the 2022 NFL Draft, and months before learning his football fate, Kayvon Thibodeaux just secured an influencer deal.

Under the latest name, image, and likeness (NIL) rules, the star defensive end has signed with Starface, a skincare brand, Ad Age reports. 

The Influencer Deal

According to the outlet, Thibodeaux is the first male athlete to work with Starface.

“We believe young people of all genders and identities are affected by unrealistic beauty standards and stigm...


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Bitcoin May Be Plunging Hard, But Look Who's Buying The Dip

Posted by Shanthi Rexaline on Saturday, January 22, 2022, In : 848FINACE 

The sell-off seen in the crypto space is continuing into the weekend, and Bitcoin (CRYPTO: BTC), the apex crypto, is no exception. Bitcoin-backer and El Salvador President Nayib Bukele, unsurprisingly, is seeing the weakness as a buying opportunity.

Bitcoin May Be Plunging Hard, But Look Who's Buying The Dip
© Provided by BenzingaBitcoin May Be Plunging Hard, But Look Who's Buying The Dip

What Happened: Bukele said in a late Friday tweet that the country has purchased an additional 410 Bitcoins for $15 million, the nation now holds over 1,500 BTC. The ...


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I Don't Trust Bitcoin, But Should I Give Up on Crypto?

Posted by TheStreet Staff on Saturday, January 22, 2022, In : 848FINACE 


The recent rise and rise of the cryptocurrency market followed by a crash has reinforced the distrust and defiance of Main Street, which still equates the entire crypto sphere with bitcoin, despite the growing popularity of NFTs - essentially a line of blockchain code, the platform upon which all cryptos are coded, that represents a one-of-a-kind object.

"Bitcoin is very volatile. It's very risky," said Hank Boyd, professor of marketing in the Business department at University of Maryland. He ...


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How 32-Year-Old Jherrod Thomas Became A Millionaire Working A 9-To-5

Posted by Bernadette Giacomazzo on Tuesday, January 18, 2022, In : 848FINACE 

We’ve all heard the stories about Black millionaires making their dreams come true through impossible odds. But Jherrod Thomas of the Tomco Service Group has a very different story.

The 32-year-old engineer from Mississippi is a walking testament that success can be achieved through hard work, dedication, and a 9-to-5 job.

Yes, you read that correctly: a 9-to-5 job. That’s not something the Instagram hustling crowd necessarily wants you to hear or see, but it still is quite relevant — and...


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US economy 'has never worked fairly for Black Americans,’ Treasury chief says

Posted by Street Talk on Tuesday, January 18, 2022, In : 848FINACE 


Treasury Secretary Janet Yellen discussed the systemic inequities still lurking in the U.S. economy and the work her department "needs to do to narrow the racial wealth divide," during remarks Monday at an event honoring the late Dr. Martin Luther King, Jr.

"From Reconstruction, to Jim Crow, to the present day, our economy has never worked fairly for Black Americans -- or, really, for any American of color," the Treasury chief said during the Rev. Al Sharpton's National Action Network's annual...


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Dogecoin To $1, Cardano Surge, Starbucks China Deal, Tesla Loses Out To Crypto Stock In ARKW, More Vegan Food Options: 5 Headlines You May Have Missed From This Weekend

Posted by Madhukumar Warrier on Tuesday, January 18, 2022, In : Technical Analysis 

Heading into a new trading week, here is a quick roundup of the top five stories from the technology, corporate and cryptocurrency sectors that investors would not want to miss out on from the weekend.

Dogecoin To $1, Cardano Surge, Starbucks China Deal, Tesla Loses Out To Crypto Stock In ARKW, More Vegan Food Options: 5 Headlines You May Have Missed From This Weekend
© Provided by BenzingaDogecoin To $1, Cardano Surge, Starbucks China Deal, Tesla Loses Out To Crypto Stock In ARKW, More Vegan Food Options: 5 Headlines You May Have Missed From This Weekend

1. ‘Dogecoin To $1’ Survey: Dogecoin (CRYPTO: DOGE) gained more than 20% over the last week after Tes...


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Mark Cuban, Robinhood CEO, Coinbase Ventures among investors in new Seattle fintech startup

Posted by Taylor Soper on Tuesday, January 18, 2022, In : 848FINACE 


The news: Seashell, a new Seattle fintech startup that says it can offer up to 10% interest to users, raised a $6 million seed round co-led by top Silicon Valley firms Khosla Ventures and Kindred Ventures. Other backers include Shark Tank’s Mark Cuban; Robinhood co-founder and CEO Vlad Tenev; Coinbase Ventures; longtime tech startup investor Elad Gil; and former CFTC Chairman J. Christopher “CryptoDad” Giancarlo.

The model: Seashell is taking on traditional banks by giving consumers a si...


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Why Dogecoin Has Been a Far Better Investment Than Gold

Posted by Nicolas Chahine - on Tuesday, January 18, 2022, In : Technical Analysis 

My message today is going to be supportive of investing in Dogecoin (CCC:DOGE-USD). But I will do my best to convince the skeptics out there that it’s no joke. Investors should not let the “silly” flair stop them from profiting. My opinion of an asset doesn’t usually stop me from pursuing winning investment ideas.

Concept art for Dogecoin (DOGE).
© Provided by InvestorPlaceConcept art for Dogecoin (DOGE).

Any discussion of DOGE-USD must also include Bitcoin (CCC:BTC-USD). BTC-USD is the chief coin in charge and it spe...


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NBA World Reacts To The Shaquille O’Neal News

Posted by Chris Rosvoglou on Tuesday, January 18, 2022, In : 848FINACE 


In 2013, Shaquille O’Neal purchased a minority ownership stake in the Sacramento Kings. On Wednesday night, he had an unfortunate update on his stake in the franchise.

Due to the fact that O’Neal wants to conduct business in the sports gambling space, he must sell his stake in the Kings. He announced the news on his Twitter account.

“As a result of a new business endeavor, I was required by NBA rules to sell my interest in the Sacramento Kings. I want to thank the fans, the city of Sacram...


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Dogecoin Pulls Back After Tesla's Merchandise Sale: Is The Crypto Resting Before Next Leg Up?

Posted by Melanie Schaffer on Tuesday, January 18, 2022, In : Technical Analysis 

On Monday, Dogecoin (CRYPTO: DOGE) continued to give back the gains, and more, that were propelled by Tesla, Inc’s (NASDAQ: TSLA) decision to begin accepting the crypto as payment for some of its merchandise.

Dogecoin soared over 25% higher at one point on Friday after Tesla listed some of the products for sale on its website in Dogecoin, including its Cyberwhistle and Cyberquad for Kids which cost 300 DOGE and 12,020 DOGE, respectively.

When Dogecoin hit 21 cents on Friday, the Cyberquad wou...


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13 Secrets Major Beer Companies Don't Want You to Know

Posted by Tanya Edwards on Thursday, January 6, 2022, In : Technical Analysis 
1 of 14 Photo in Gallery: There's not much more quintessentially American than cracking open a cold one, particularly best-sellers like Bud Light, Coors Light, Bud, and Corona Extra. If you've ever popped one of these famous bottles or cans, you probably have your favorites but did you know how these beers are made, what the ingredients are, and their checkered pasts? Read on to find out some strange and interesting secrets beer companies may not want you to know. Plus, if you're looking for the best-tasting light beer, check out We Tasted 10 Popular Light Beers & This Is the Best.Read the original article on Eat This, Not That!

There's not much more quintessentially American than cracking open a cold one, particularly best-sellers like Bud Light, Coors Light, Bud, and Corona Extra. If you've ever popped one of these famous bottles or cans, you probably have your favorites but did you know how these beers are made, what the ingredients are, and their checkered pasts? Read on to find out some strange and interesting secrets beer companies may not want you to...


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Gioacchino Gammino: Google Maps helps Italian police capture mafia fugitive in Galapagar, Spain

Posted by Story by Reuters - on Thursday, January 6, 2022, In : Technical Analysis 





Italian police has caught a top mafia fugitive who had been on the run for nearly 20 years thanks to the help of the Google Maps app, an investigator told Reuters on Wednesday.

After a two-year investigation, Gioacchino Gammino, 61, was tracked down in Galapagar, Spain, where he lived under a fake name. The town is close to the capital Madrid.

A Google Maps street view picture portraying a man who looked like him in front of a fruit shop was key in triggering a deeper investigation.

"The photogr...


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Why Dallas Cowboys Hall of Fame QB Troy Aikman is taking on Big Beer

Posted by Brian Sozzi on Thursday, January 6, 2022, In : 848FINACE 


D

allas Cowboys NFL Hall of Fame quarterback Troy Aikman is ready to take on Big Beer names such as Budweiser and MolsonCoors with the same intensity as he did long-time rivals the New York Giants on a Sunday primetime matchup. 

Well sort of, but you get the point. 

Aikman, 55, revealed Tuesday he will be launching EIGHT beer after two years of developing the product along with award-winning brewmaster and beer industry veteran Phil Leinhart. Billed as suds for the modern beer drinker — in thi...


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How Crypto Could Be Like the Music Industry

Posted by Tyler Cowen on Wednesday, January 5, 2022, In : Technical Analysis 

Crypto could be a lot of fun.

The future of cryptocurrency could depend on whether people focus on the artist, the label or the venue.

To envision the future of crypto, I keep trying different analytical tools. This time around the concept of relevance is focality, by which I mean the part of the system at which consumers direct their attention. Focality could determine whether crypto ushers in an era of dystopian inequality, or whether most of its benefits accrue to broader society.

That all sounds quite abstract, so consi...


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