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Jeff Bezos-Backed Rental Property Investment Platform Crashes After Investors Flood Site For Newest Batch Of Offerings

Posted by Kevin Vandenboss on Sunday, May 8, 2022, In : 848FINACE 


The real estate investment platform Arrived Homes had its latest batch of rental properties scheduled to be released at 11:00 AM EDT today, but the rush of new investors eager to buy shares of the new properties caused the website to crash just minutes after the launch.

Arrived Homes updated investors on its Twitter account just 14 minutes after the scheduled release, saying “High traffic - Sites down - Arrived Team on it - back with an update asap.”


The company launched 13 new properties, ...


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India’s cryptocurrency tax kicks in from April – here’s what investors need to know

Posted by Madana Prathap on Monday, March 21, 2022, In : 848FINACE 
India’s cryptocurrency tax kicks in from April – here’s what investors need to know
© PixabayIndia’s cryptocurrency tax kicks in from April – here’s what investors need to know
  • Beginning April 1, a 30% tax will apply to all forms of virtual digital assets (VDA), or crypto assets, that are sold at a profit.
  • A 1% TDS will be held back each time you sell a crypto asset, and will be set-off against the crypto tax at the end of the year.
  • The crypto tax cannot be set-off against other business expenses.
  • India’s Finance Minister has reiterated that the existence of a targeted ...

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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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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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4 Robinhood Stocks Investors Can't Get Enough Of

Posted by James Brumley on Saturday, December 18, 2021, In : 848FINACE 

Do you trust other investors enough to trade on their collective wisdom? If you don't, it's understandable. After all, crowds have a knack for getting overly excited and then suddenly swinging in the other direction without warning. You're often better off doing your own thing.

Still, sometimes the masses do get it right.

That's what makes the current list of the positions most commonly held by clients of brokerage firm Robinhood Markets (NASDAQ: HOOD) at least worth a look. Here's a rundown of...


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Cramer 'Begs' Investors Of Cryptos Like Bitcoin, Ethereum, Dogecoin To Book Profits Before Evergrande Crisis Takes Bigger Toll

Posted by Rachit Vats on Tuesday, September 21, 2021, In : Technical Analysis 

CNBC "Mad Money" host Jim Cramer said Monday investors like him should book profits in their cryptocurrency portfolios before things get worse due to the weakness related to struggling Chinese property developer Evergrande.

Jim Cramer holding a microphone
© Provided by Benzinga

What Happened: Cramer said, as much as cryptocurrency backers don't like to hear the word "sell," he was "begging" investors who have made gains in cryptocurrencies to sell some of their holdings and return to weigh in as the situation unfolds.

“Don...


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Bitcoin Collapse Coming? 4 BTC Warnings Crypto Investors May Want to Hear

Posted by William White on Wednesday, September 15, 2021, In : Technical Analysis 
A blue-toned concept image showing Bitcoin (BTC) cracking in half representing a coming collapse.© Provided by InvestorPlace A blue-toned concept image showing Bitcoin (BTC) cracking in half representing a coming collapse.

Crypto traders might want to heed the warnings of several experts that are predicting a 
Bitcoin (CCC:BTC-USD) collapse is coming.


While there’s no denying that BTC is worth a pretty penny with tokens trading in the $45,000 range, that doesn’t mean rough weather could pull it down. We saw that earlier this year when the crypto took a massive drop from about $60,000 t...


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Bitcoin Price Hits $50K Again, What Crypto Investors Are Saying About BTC Today

Posted by William White on Monday, September 6, 2021, In : 848FINACE 

The price of Bitcoin (CCC:BTC-USD) has once again jumped above $50,000 today and crypto traders are heading online to discuss what this means for BTC.

calendar: A render of bitcoin surrounding a smartphone.© Provided by InvestorPlace A render of bitcoin surrounding a smartphone.

Bitcoin has been on a wild ride this year that has had crypto traders gripping the edge of their seats. At its best, BTC was trading for about $63,000 per token back in April. However, a major downturn happened that saw it fall to roughly $30,000 per token back in July.

BTC...


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Investors Should Wait Out The Price Volatility In Ethereum

Posted by Joel Baglole on Thursday, July 15, 2021, In : Technical Analysis 
Where does cryptocurrency Ethereum (CCC:ETH-USD) go from here?
a circuit board: Another stylized version of the Ethereum logo© Provided by InvestorPlace Another stylized version of the Ethereum logo

With its price now down 50% from its all-time high of $4,132.76 reached in May of this year, the shine has definitely come off the second biggest digital coin after Bitcoin (CCC:BTC-USD).

Ethereum has been struggling to remain above $2,000 per coin in recent weeks as the entire cryptocurrency market experiences extreme volatility.

Many investors have found the ...


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Cannabis' biggest week of the summer is a major downer for pot investors

Posted by Goyo Large on Monday, August 19, 2019, In : 848FINACE 




Cannabis' biggest week of the summer is a major downer for pot investors

Nice timing... Just as Woodstock festers celebrated their 50th reunion, cannabis stocks enjoyed their busiest week of the summer. Two of the biggest publicly traded pot companies revealed their earnings from the last quarter, both showing that it's hard out there for cannabis companies.

  • Tilray (-27% last week): The Candian cannabis icon sold 5.6K kilos of weed (triple what it did last year), but its loss doubled. It acquir...

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