Bitcoin debuted on the world's largest futures exchange on Sunday. CME Group launched their Bitcoin Futures, a move that further promotes and brings attention to the cryptocurrency craze.
Tim McCourt is the global head of equities and alternative investments at CME Group, and he joins Cheddar to explain CME Groups decision to launch the BTC Futures. McCourt explains that investors were eager to work with the crytocurrency and CME wanted to help facilitate that.
After the initial launch, the BTC Futures saw a lot of action. According to CME Group, more than 1,000 contracts were traded with a value of more than $100 million, and there were nearly 100 market participants across all regions.
Alex McGrath, Chief Investment Officer at NorthEnd Private Wealth, discusses why the A.I. hype can’t power the market forever and how to position investments in the current market.
Paul Verna of Insider Intelligence breaks down how the company is positioned, whether they can make their streaming service profitable, and the upper limit of streaming bundle prices.
From Flamin’ Hot Cheetos to Sweet Heat Starburst, America’s snacks are getting spicier. Now, Coca-Cola wants in on the trend. The beverage giant introduced Coca-Cola Spiced, the first new permanent offering to its North American portfolio in three years.
Taylor Swift’s camp is hitting Jack Sweeney, a junior at the University of Central Florida, with a cease-and-desist letter that blamed his automated tracking of her private jet for tipping off stalkers as to her location.
Surprise, surprise: tech is still the sector to watch, according to Karyn Cavanaugh, Chief Investment Officer at Carolinas Wealth Management. Learn how to properly diversify your portfolio.
Facebook and Instagram users will start seeing labels on AI-generated images in their feeds. Hopefully this will save time for everyone zooming in each picture to see how many fingers someone's hand has.
