Staker (STR) One Day Trading Volume Reaches $10.00

Staker logoStaker (CURRENCY:STR) traded down 20.5% against the U.S. dollar during the 24-hour period ending at 8:00 AM ET on May 8th. Staker has a market capitalization of $9,919.95 and $10.00 worth of Staker was traded on exchanges in the last 24 hours. Over the last week, Staker has traded 12% higher against the U.S. dollar. One Staker coin can currently be bought for approximately $0.0058 or 0.00000010 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Chainlink (LINK) traded up 1.7% against the dollar and now trades at $47.85 or 0.00081859 BTC.
  • THETA (THETA) traded 3.2% higher against the dollar and now trades at $12.56 or 0.00021497 BTC.
  • Binance USD (BUSD) traded 0% lower against the dollar and now trades at $1.00 or 0.00001711 BTC.
  • DREP (DREP) traded 21% lower against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • PancakeSwap (CAKE) traded 6.4% higher against the dollar and now trades at $37.97 or 0.00064957 BTC.
  • FTX Token (FTT) traded 5% higher against the dollar and now trades at $60.28 or 0.00103141 BTC.
  • Aave (AAVE) traded up 1.6% against the dollar and now trades at $454.70 or 0.00777953 BTC.
  • Maker (MKR) traded 6.4% higher against the dollar and now trades at $5,334.35 or 0.09126600 BTC.
  • Crypto.com Coin (CRO) traded up 1.5% against the dollar and now trades at $0.19 or 0.00000326 BTC.

Staker Profile

Staker is a coin. It was first traded on February 9th, 2021. Staker’s total supply is 2,096,599 coins and its circulating supply is 1,697,796 coins. Staker’s official Twitter account is @StakerToken and its Facebook page is accessible here. The Reddit community for Staker is /r/Staker and the currency’s Github account can be viewed here. The official website for Staker is staker.network.

According to CryptoCompare, “Stater is an open-source P2P lending and borrowing platform that allows users to leverage their NFT assets and have access to liquidity while still retaining ownership of their digital assets. “

Staker Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Staker directly using U.S. dollars. Investors seeking to acquire Staker should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Staker using one of the exchanges listed above.

Receive News & Updates for Staker Daily – Enter your email address below to receive a concise daily summary of the latest news and updates for Staker and related cryptocurrencies with MarketBeat.com’s FREE CryptoBeat newsletter.

  • THETA (THETA) traded 3.2% higher against the dollar and now trades at $12.56 or 0.00021497 BTC.
  • Source: https://www.themarketsdaily.com/2021/05/08/staker-str-one-day-trading-volume-reaches-10-00.html

    After a stock transfer from Bill Gates, Melinda Gates is a billionaire

    Published 9:45 a.m. ET May 7, 2021 | Updated 12:28 p.m. ET May 7, 2021

    CLOSE

    With over $130 billion at stake, here’s why the Bill and Melinda Gates divorce could be the most expensive settlement in history. USA TODAY

    Earlier this week, Bill Gates and Melinda French Gates announced their divorce. On that same day, Melinda Gates became a billionaire.

    Cascade Investment, Bill Gate’s investment vehicle, transferred nearly $2.4 billion in securities to Melinda Gates on Monday. The next day his net worth dropped slightly, from $130.4 billion to $128.1 billion, according to Forbes. However, Bill Gates maintained his status as the fourth richest person in the world.

    He falls behind Jeff Bezos ($177 billion), Elon Musk ($157 billion) and Bernard Arnault and family ($150 billion).

    Melinda Gates received 2.94 million shares of AutoNation and 14.1 million shares of Canadian National Railway Co., according to Forbes. AutoNation is worth $309 million and Canadian National Railway Co. is worth an estimated $1.5 billion.

    Melinda Gates also received 25.8 million shares of Mexico-based Coca-Cola Femsa — worth $120 million — and 155.4 million shares of Mexican broadcaster Grupo Televisa SA — worth $386 million.

    The Divorce: Bill and Melinda’s 27 years of marriage

    Two historic divorces: Bill and Melinda Gates and Jeff and MacKenzie Bezos

    CLOSE

    Microsoft co-founder Bill Gates and his wife Melinda announced their divorce on Twitter. USA TODAY

    Up until 2000, Bill was Microsoft’s CEO, and he later moved out of a daily role with the company in 2008. Until 2014, he served as chairman of the board and announced just last year he was stepping down to focus on philanthropy.

    In 2000, the couple founded The Bill & Melinda Gates Foundation, a nonprofit organization that has spent more than $53 billion since its formation to target poverty and inequity worldwide, according to the foundation’s website.

    Melinda Gates, who was a product manager at Microsoft, met Bill Gates at a business dinner in New York City. They were married in Hawaii in 1994.

    The couple’s divorce filings show they asked a judge in Washington state to divide their assets based on the terms of a separation contract, usually issued when spouses are living apart but have not yet divorced, according to Forbes.

    The terms of the contract weren’t disclosed.

    Follow Gabriela Miranda on Twitter: @itsgabbymiranda

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    Source: https://www.usatoday.com/story/money/2021/05/07/melinda-gates-billionaire-after-stock-transfer-bill-gates/4986298001/

    Here’s How Your Trade Neptune Wellness Solutions Inc. (NEPT) Aggressively Right Now

    Neptune Wellness Solutions Inc. (NASDAQ:NEPT) went down by -2.21% from its latest closing price compared to the recent 1-year high of $3.60. The company’s stock price has collected -1.48% of loss in the last five trading sessions. Press Release reported 11 hours ago that The Gross Law Firm Announces Class Actions on Behalf of Shareholders of CYDY, NEPT and ACAD

    Get the hottest stocks to trade every day before the market opens 100% free. Click here now. Is It Worth Investing in Neptune Wellness Solutions Inc. (NASDAQ :NEPT) Right Now?

    Opinions of the stock are interesting as 2 analysts out of 4 who provided ratings for Neptune Wellness Solutions Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”

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    Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

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    The average price from analysts is $2.64. NEPT currently public float of 111.31M and currently shorts hold a 5.47% ratio of that float. Today, the average trading volume of NEPT was 6.48M shares.

    NEPT’s Market Performance

    NEPT stocks went down by -1.48% for the week, with a monthly jump of 1.53% and a quarterly performance of -37.85%, while its annual performance rate touched -35.12%. The volatility ratio for the week stands at 6.30% while the volatility levels for the past 30 days are set at 7.70% for Neptune Wellness Solutions Inc.. The simple moving average for the period of the last 20 days is 1.76% for NEPT stocks with a simple moving average of -32.49% for the last 200 days.

    Analysts’ Opinion of NEPT

    ROTH Capital gave a rating of “Buy” to NEPT, setting the target price at $5 in the report published on January 30th of the previous year.

    NEPT Trading at -6.59% from the 50-Day Moving Average

    After a stumble in the market that brought NEPT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -63.06% of loss for the given period.

    Volatility was left at 7.70%, however, over the last 30 days, the volatility rate increased by 6.30%, as shares sank -1.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.67% lower at present.

    During the last 5 trading sessions, NEPT fell by -1.48%, which changed the moving average for the period of 200-days by -57.10% in comparison to the 20-day moving average, which settled at $1.3060. In addition, Neptune Wellness Solutions Inc. saw -14.74% in overturn over a single year, with a tendency to cut further losses.

    Stock Fundamentals for NEPT

    Current profitability levels for the company are sitting at:

    • -225.86 for the present operating margin
    • -24.39 for the gross margin

    The net margin for Neptune Wellness Solutions Inc. stands at -205.77. The total capital return value is set at -60.50, while invested capital returns managed to touch -56.95.

    Based on Neptune Wellness Solutions Inc. (NEPT), the company’s capital structure generated 3.32 points at debt to equity in total, while total debt to capital is 3.22. Total debt to assets is 2.83, with long-term debt to equity ratio resting at 0.79. Finally, the long-term debt to capital ratio is 0.77.

    Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

    When we switch over and look at the enterprise to sales, we see a ratio of 4.77, with the company’s debt to enterprise value settled at 0.03. The receivables turnover for the company is 3.56 and the total asset turnover is 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.25.

    Source: https://newsheater.com/2021/05/07/heres-how-your-trade-neptune-wellness-solutions-inc-nept-aggressively-right-now-2/

    StockTwits Trending Alert: Trading recent interest in JFROG LTD. ORDINARY SHARES $FROG

    Quantcha now offering unlimited commission-free options trading.

    Quantchabot has detected a promising Bull Put Spread trade opportunity for JFROG LTD. ORDINARY SHARES (FROG) for the 21-May-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

    FROG was recently trading at $35.98 and has an implied volatility of 54.77% for this period. Based on an analysis of the options available for FROG expiring on 21-May-2021, there is a 34.15% likelihood that the underlying will close within the analyzed range of $35.98-$40.10 at expiration. In this scenario, the average linear return for the trade would be 31.35%.

    Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, JFROG LTD. ORDINARY SHARES was recently trending, indicating that breaking news and/or market activity has significantly impacted sentiment toward the stock. This movement can be interpretted as a sign of more near-term price movement for the underlying.

    Trade approach: The recent sentiment change in FROG on StockTwits appears to be moderately positive, indicating that the stock is likely to follow in that direction for investors trading on sentiment. As a result, a bullish strategy could prove effective if the sentiment ultimately turns out to drive trading.

    Upside potential: Using this bullish strategy, the trade would be profitable if JFROG LTD. ORDINARY SHARES closed at or above $35.95 on 21-May-2021. Based on our analysis, there is a 50.27% likelihood of this return.

    Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.

    To analyze this trade in depth, please visit the Quantcha Options Search Engine.

    Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, JFROG LTD. ORDINARY SHARES was recently trending, indicating that breaking news and/or market activity has significantly impacted sentiment toward the stock. This movement can be interpretted as a sign of more near-term price movement for the underlying.

    Source: https://ideas.quantcha.com/2021/05/07/stocktwits-trending-alert-trading-recent-interest-in-jfrog-ltd-ordinary-shares-frog/

    Cryptocurrencies archive news by date

    Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.

  • Bitcoin Will Dominate 21st Century, Has Zero Threats to Existence: Michael Saylor
  • Source: https://www.infocrypto.org/en/archive-news/2021-05-08

    U.S. stock futures flat ahead of jobless claims data and earnings

    wallstreet

    Stocks seen opening in the green

    Wall Street futures were muted early Thursday as traders prepared for the release of the latest report on initial jobless claims.

    The report, due at 8:30 a.m. ET, is likely to set the direction for trading today. Expectations are for another 540,000 jobless claims to have been filed in the week ended week ended May 1.

    The jobless claims data comes before a broader jobs survey from the Labor Department due out Friday. Economists are projecting that U.S. employers added about 988,000 jobs in April, down from a gain of 916,000 in March.

    By 5:30 a.m. ET, Dow futures, S&P 500 futures and the tech-heavy Nasdaq 100 futures were all little changed.

    Moderna, Peloton, Beyond Meat, Dropbox earnings awaited

    Earnings seasons continues to roll on although we are now at a time where small and mid-cap companies are dominating the calendar, which may impact their individual shares and sectors but have a lesser weight on the broader market.

    Today, traders are expecting earnings from several companies, with Moderna (NASDAQ: MRNA), ViacomCBS (NASDAQ: VIAC), II-VI (NASDAQ: IIVI) Papa John’s (NASDAQ: PZZA), Regeneron (NASDAQ: REGN), Tapestry (NYSE: TPR) and Kellogg (NYSE: K) scheduled to report ahead of the market open.

    Beyond Meat (NASDAQ: BYND), Peloton Interactive (NASDAQ: PTON), Square (NYSE: SQ), Datadog (NASDAQ: DDOG), CarGurus (NASDAQ: CARG), Stamps.com (NASDAQ: STMP), Roku (NASDAQ: ROKU) and Dropbox (NASDAQ: DBX) will report after closing bell.

    Uber tumbles as Labor Department scraps Trump-era rule on gig workers

    In other news, shares of Uber (NYSE: UBER) fell in pre-market trading after the Labor Department said it is officially revoking a Trump administration rule that would have made it easier for businesses to classify workers as independent contractors as opposed to employees, effective on Thursday.

    The department’s action allows for workers considered “gig workers” to have overtime compensation and minimum wage protections under the Fair Labor Standards Act.

    Worker classification has huge impact for Uber and rivals such as Lyft (NASDAQ: LYFT) and DoorDash (NYSE: DASH) that rely on gig workers.

    As of this writing, Uber stock was indicated 4.03% lower to $49.12 a share.

    SEC boss takes aim at Robinhood and other trading apps

    Meanwhile, U.S. Securities and Exchange Commission Chairman Gary Gensler has raised concerns that Robinhood and other online trading apps could be taking advantage of game-like features to keep customers trading.

    Gensler, who will appear before the House Financial Services Committee later today on a hearing focused on the GameStop (NYSE: GME) trading mania, says in a prepared statement that many of the SEC’s “regulations were largely written before these recent technologies and communication practices became prevalent.

    “I think we need to evaluate our rules, and we may find that we need to freshen up our rule set,” he is expected to tell lawmakers.

    The jobless claims data comes before a broader jobs survey from the Labor Department due out Friday. Economists are projecting that U.S. employers added about 988,000 jobs in April, down from a gain of 916,000 in March.

    Source: https://warriortradingnews.com/2021/05/06/u-s-stock-futures-flat-ahead-of-jobless-claims-data-and-earnings/

    Here’s How Your Trade Alliant Energy Corporation (LNT) Aggressively Right Now

    Alliant Energy Corporation (NASDAQ:LNT) went up by 1.73% from its latest closing price compared to the recent 1-year high of $58.10. The company’s stock price has collected 2.15% of gains in the last five trading sessions. Press Release reported 5 hours ago that Alliant Energy Announces First Quarter 2021 Results

    Get the hottest stocks to trade every day before the market opens 100% free. Click here now. Is It Worth Investing in Alliant Energy Corporation (NASDAQ :LNT) Right Now?

    Alliant Energy Corporation (NASDAQ:LNT) scored a price-to-earnings ratio above its average ratio, recording 22.88 x from its present earnings ratio. Plus, the 36-month beta value for LNT is at 0.33. Opinions of the stock are interesting as 6 analysts out of 10 who provided ratings for Alliant Energy Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”

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    Even if you’re not actively in crypto, you deserve to know what’s actually going on…

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    Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

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    The average price from analysts is $58.00, which is $0.99 above the current price. LNT currently public float of 249.43M and currently shorts hold a 1.60% ratio of that float. Today, the average trading volume of LNT was 1.45M shares.

    LNT’s Market Performance

    LNT stocks went up by 2.15% for the week, with a monthly jump of 4.01% and a quarterly performance of 14.39%, while its annual performance rate touched 22.53%. The volatility ratio for the week stands at 1.86% while the volatility levels for the past 30 days are set at 1.48% for Alliant Energy Corporation. The simple moving average for the period of the last 20 days is 1.52% for LNT stocks with a simple moving average of 7.63% for the last 200 days.

    Analysts’ Opinion of LNT

    Many brokerage firms have already submitted their reports for LNT stocks, with Wolfe Research repeating the rating for LNT by listing it as a “Outperform.” The predicted price for LNT in the upcoming period, according to Wolfe Research is $56 based on the research report published on February 03rd of the current year 2021.

    BMO Capital Markets, on the other hand, stated in their research note that they expect to see LNT reach a price target of $54. The rating they have provided for LNT stocks is “Market Perform” according to the report published on December 22nd, 2020.

    Barclays gave a rating of “Equal Weight” to LNT, setting the target price at $56 in the report published on September 21st of the previous year.

    LNT Trading at 6.70% from the 50-Day Moving Average

    After a stumble in the market that brought LNT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.63% of loss for the given period.

    Volatility was left at 1.48%, however, over the last 30 days, the volatility rate increased by 1.86%, as shares surge +4.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.02% upper at present.

    During the last 5 trading sessions, LNT rose by +2.15%, which changed the moving average for the period of 200-days by +11.51% in comparison to the 20-day moving average, which settled at $55.85. In addition, Alliant Energy Corporation saw 9.78% in overturn over a single year, with a tendency to cut further gains.

    Stock Fundamentals for LNT

    Current profitability levels for the company are sitting at:

    • +21.66 for the present operating margin
    • +24.82 for the gross margin

    The net margin for Alliant Energy Corporation stands at +18.27. The total capital return value is set at 5.90, while invested capital returns managed to touch 5.27. Equity return is now at value 10.90, with 3.50 for asset returns.

    Based on Alliant Energy Corporation (LNT), the company’s capital structure generated 122.83 points at debt to equity in total, while total debt to capital is 55.12. Total debt to assets is 39.42, with long-term debt to equity ratio resting at 119.97. Finally, the long-term debt to capital ratio is 52.01.

    Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

    When we switch over and look at the enterprise to sales, we see a ratio of 5.91, with the company’s debt to enterprise value settled at 0.36. The receivables turnover for the company is 8.39 and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.68.

    Click here to get the full story

    Source: https://newsheater.com/2021/05/07/heres-how-your-trade-alliant-energy-corporation-lnt-aggressively-right-now-2/

    This crypto claims to solve bitcoin’s biggest problem

    New York (CNN Business)Bitcoin may be the king of cryptocurrencies, but it’s facing an environmental backlash over the energy-intensive technology underpinning it.

    A new crypto called chia says it’s the eco-friendly alternative.

    Like most digital currencies, chia runs on a decentralized ledger system known as blockchain. But unlike bitcoin, chia, which was founded by the inventor of BitTorrent, claims it has a much smaller carbon footprint with its mining process of verifying and recording transactions.

      Chia logged its first trades this week, joining a crowded crypto scene at a time of frenzied investor interest in alternative digital assets.

        What is chia?

        The Chia Network created the coin in 2017 with a focus on the environmental implications of digital currency “mining” — the highly specialized, energy-intensive computing process that creates new coins by solving complex equations.

        The key difference between chia and other cryptos, according to its founders, is its “proofs of space and time” method of verifying transactions that utilizes unused disk space on users’ hard drives and is more energy-efficient than bitcoin’s “proof of work” model.

        The Chia Network was founded by Bram Cohen, who also invented the peer-to-peer file-sharing system BitTorrent, and has already won backing from prominent investors such as Andreessen Horowitz and Naval Ravikant.

        How does the process work?

        Every cryptocurrency has its own method for verifying transactions, typically by using the collective computer power of miners, who are paid for their help in cryptocurrency. The chia mining process, which the Chia Network calls “farming,” relies on using empty computer storage space instead.

        Chia’s “proof of space and time” process allows network participants to show that they have been physically storing data over a certain period of time, according to Coin Market Cap.

        This doesn’t resemble the mining process of cryptocurrencies like ethereum, for example. In its current iteration, ethereum uses proof-of-work, which requires a massive amount of computer power to harvest and mine the decentralized coin. The proposed ethereum 2.0, however, would use a proof-of-stake model, which is allegedly more energy-efficient.

        Part of the appeal of cryptocurrencies is that people can send or receive money without the involvement of traditional banks or government bodies, unlike a fiat currency controlled by a central bank. All transactions are verified and recorded by huge networks of computers, using a database called blockchain. Typically that process requires a huge amount of electricity to power those computers — some estimates put bitcoin mining’s carbon dioxide output as equivalent to New Zealand’s.

        Cohen told CNN Business he hopes to have chia listed on crypto exchanges soon, including Coinbase, the digital currency exchange that went public in April.

        Ready to ‘farm’?

        Chia is meant to be accessible.

        “We’ve designed our software with the intention of it being usable by anyone who can use the internet,” Cohen told CNN Business. Since “farming” doesn’t require massive amounts of power, Cohen said “it can be done in a normal apartment.”

        The Chia Network has a blockchain transaction platform called Mainnet, which can be downloaded on the network’s website, chia.net. To start farming, you have to download the program to your computer and allocate a certain amount of space to the network through the user interface.

        “It involves completely normal hardware rather than super custom and expensive stuff,” Cohen said. “Most people have some amount of unused storage space they can do it with already.”

        And since “farming” doesn’t use a ton of energy, you can fire up your laptop and get to work. Some other cryptocurrency mining processes, however, require complex machinery and will send your electricity bill through the roof.

        Bitcoin miners typically have to have their machines running 24/7 “to have the best odds of getting a return on the investment and maximize profitability,” digital currency economist Alex de Vries told CNN Business.

        Will it save energy?

        The chia “farming” process is a greener mining alternative, but it does still require electricity.

          When it comes to cryptos, “environmentally friendly” is a “relative term,” said Nick Spanos, CEO of Blockchain Technologies Corp, a software company. Computers need power to run, and natural resources are used to build hard drives, “much in the same way that electric vehicles and windmills still require too much resources to truly be environmentally friendly.”

          “Plotting,” the process of creating files that are later harvested as part of the farming process, still uses computer hard drive space and CPU power, but it requires significantly less energy than what is required for the mining process for other proof-of-work cryptocurrencies.

          Source: https://www.cnn.com/2021/05/06/investing/green-cryptocurrency-chia/index.html

          Bank of England chief on cryptocurrencies: ‘Buy them only if you’re prepared to lose all your money’

          Central bank news conferences are typically most interesting at their very beginning, when there is still uncertainty over what policy makers are trying to communicate, and at the very end, when reporters start asking less obvious questions.

          So it was with the final query posed to Bank of England Gov. Andrew Bailey, who was asked what cryptocurrencies say about the current state of financial markets.

          Bailey balked at the very wording. “Crypto and currency are two words that don’t go together for me,” he said, preferring the term “crypto assets.”

          “I’m afraid they have no intrinsic value,” he continued. “That doesn’t mean that people don’t put value on them, they can have extrinsic value.”

          “I’m going to say this very bluntly again — buy them only if you are prepared to lose all your money,” he added.

          The total market capitalization of the leading crypto asset, bitcoin BTCUSD, +1.23%, was $1.07 trillion on Thursday, according to crypto exchange CoinDesk, with ethereum ETHUSD, +0.23% worth $404 billion and XRP XRPUSD, -0.29% $164 billion.

          Bailey pointed out that the Bank of England’s financial policy committee is scheduled to review market developments in June, though he didn’t see any new financial stability risks.

          Federal Reserve Chair Jerome Powell was asked a similar question at his last press conference, and one point he made is that while asset prices might be “a bit frothy,” leverage wasn’t excessive. “Leverage in the financial system is not an issue,” said Powell.

          Also read: Bailey says reduction in Bank of England bond purchases isn’t tapering. Markets seem to agree.

          Source: https://www.marketwatch.com/story/bank-of-england-chief-on-cryptocurrencies-buy-them-only-if-youre-prepared-to-lose-all-your-money-11620311775

          Edward Jones: Look at your financial situation holistically

          By Ryan DeMarco
          Edward Jones financial advisor
          567-226-4506
          What’s the biggest financial mistake you can make?

          Choosing the wrong investments? Waiting too long to save for retirement? Underestimating the costs of retirement?

          All these are reasonable answers, but the biggest mistake you might make is not looking at your financial picture holistically – that is, not bringing into the picture all the elements of yourself.

          Let’s consider some of them:

          • Your views on helping your family – Your decisions about helping your family are clearly going to be a major part of your financial strategy – and this is true at virtually all stages of your life. When your children are young, you’ll need to decide if you’re going to put away money for their college education, and, if so, how much, and in what investment vehicles.

          When they’re young adults, you may also need to decide how much financial support you’re willing to provide for things such as the down payment on a new home. And when you’re drawing up your estate plans, you’ll need to consider how to distribute assets to your children, grandchildren or other family members.

          • Your personal beliefs – As someone with civic, ethical and moral concerns, you want to positively affect the world around you. And that’s why you may feel compelled to make charitable gifts throughout your life and then make philanthropy part of your legacy.

          To accomplish these objectives, you’ll want to include gifting techniques in your financial strategy today and your estate plans for tomorrow. Of course, for the estate planning component, you’ll need to work with your tax and legal advisors.

          • Your purpose in life when you retire – When you retire, you may be stepping off a career path, but you’re also entering a world of possibilities. How will you define, and live out, your new sense of purpose at this stage of your life? Do you seek to broaden your horizons by traveling around the world? Do you want to give back more to the community by volunteering? Can you spend more time pursuing the hobbies you enjoy?

          Each of these choices will carry different financial implications for how much you’ll need to accumulate for retirement and how much you will need to take out each year from your retirement accounts, such as your IRA and 401(k).

          • Your health – Your physical and mental health can play big roles in your financial plans and outlook. On the most basic level, the healthier you are, and the better you take care of yourself, the lower your health care bills will likely be during retirement, which will affect the amount you need to put away for health care. And you also may need to prepare for the costs of long-term care, which can be enormous – in fact, a private room in a nursing home can easily cost $100,000 per year, according to the insurance company Genworth.

          It can be challenging to weave all these elements into a single, unified vision, so you may want to get some help from a financial professional. But, in any case, be prepared to look at your situation holistically – because, when putting together a lifetime’s financial strategy, every part of your life matters.

          This article was written by Edward Jones for use by your local Edward Jones Financial Advisor. Edward Jones, Member SIPC

          Source: http://www.blufftonicon.com/news/2021/05/06/edward-jones-look-your-financial-situation-holistically