Bitcoin $1000 – Third Time Is A Charm

If you have been following cryptocurrency this month then no doubt you have been keeping a close eye on the price of Bitcoin($BTC). For a third time, the electronic currency has a market price of over $1000.   Bitcoin's going over $1000 tonight. — Erik Voorhees (@ErikVoorhees) February 2, 2017 Some had guessed that this…

Beware of Crypto-MLMs and High Return Investments on Social Media

via Beware of Crypto-MLMs and High Return Investments on Social Media – Bitcoin News Unfortunately, the world of cryptocurrency has seen a bunch of people running scammy ‘investments’ preying on people’s lack of knowledge. Over the past couple of years, shady organizations such as Onecoin, MMM Global and others have brought a slew of shady…

What is Preferred Stock?

For anyone attempting to do their due diligence on a potential investment opportunity, the task can be a daunting experience. Many investors often misunderstand the confusing legal speak within the SEC filings that publicly traded companies are required to issue. This guide is intended to help investors better comprehend the practice of a preferred stock issuance….

Camping World IPO Holding Early Returns

  Camping World Holdings met Friday’s opening bell with its IPO that placed 11.4 million shares placed at $22, raising $251 million. At its peak, the stock reached $24.35 but by 2 P.M, the company’s ticker, CWH, was holding a %5 return on 10 million in volume but closed at $2.50 or %2.27. The company…

What is ‘Accounting’

Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business, and it also refers to the process of summarizing, analyzing and reporting these transactions to oversight agencies and tax collection entities. Accounting is one of the key functions for almost any business; it may be handled by a bookkeeper and accountant…

A Review of The Intelligent Investor – By Matthew Waterman

I believe I first read “The Intelligent Investor” at some point around 2005. It was really an incredible coincidence that I ran across it during the time I did. I was looking to expand my own knowledge base, and at the same time, I just happened to be working at Countrywide financial, which ended up being one of the largest players in the mortgage meltdown in 2007.

Goldman Sachs Files Blockchain Patent for Foreign Exchange Trading – CCN: Financial Bitcoin & Cryptocurrency News

Since the introduction of bitcoin, banks have slowly been turning their attention to its underlying technology, the blockchain, as a way of processing transactions that are faster and more cost efficient.

Ripple, a blockchain startup, is one company that has partnered up with banks such as Santander and UBS. According to the Goldman Sachs patent, though, there are drawbacks associated with these systems.