A Federal Reserve Bank of Cleveland study reveals that showing people Bitcoin's past returns encourages them to buy more crypto. The research also finds that crypto holders tend to be younger, male, and more optimistic about returns, viewing crypto as safer than non-holders do. Additionally, Bitcoin price changes influence crypto holders' spending on durable goods like appliances and cars, increasing spending when prices rise and cutting back when they fall. This insight highlights how crypto market movements affect real-world consumer behavior.
Ethereum's euro-denominated stablecoin market cap grew by $32 million in the past 30 days, making up most of a $39.9 million increase across three networks. This growth highlights Ethereum's dominance with a 69.5% market share in a sector that expand...
The Amplify CEF High Income ETF (YYY) invests in 60 closed-end funds (CEFs) chosen for yield, discount, and liquidity, providing a strong 13.3% distribution yield. However, the fund has shown significant and consistent underperformance compared to it...
This week, 10 notable stocks including McDonald's (MCD), Microsoft (MSFT), JPMorgan Chase (JPM), and Ingredion (INGR) announced dividend increases. Microsoft stands out for its high quality rating, low payout ratio, and dividend safety, though its yi...
Best Buy reported strong quarterly earnings, but ongoing economic issues like poor consumer sentiment, high inflation, and energy costs raise concerns. The analyst believes the current stock price is overvalued and does not justify holding the stock....
LG Display has introduced the world's first 24.5-inch 720Hz Gaming OLED panel designed specifically for esports monitors. This panel offers the highest refresh rate of 720Hz and an ultra-fast response time of 0.02ms, significantly reducing motion blu...
