James Putra, Director of Product Strategy & Innovation at TradeStation Technologies, joins The Long and The Short from a cryptocurrency cafe in Prague! He explains how the Bitcoin craze is being received in Europe and what you need to know before investing in Bitcoin.
He explains how the cryptocurrency cafe operates- only taking Bitcoin or Litecoin as payment. Baristas are even going as far as implanting chips into their hands so they can swipe their crypto wallets much quicker.
Putra also talks about the importance of learning about Bitcoin and other cryptocurrencies before investing. He urges people to log onto TradeStation's education platform to learn more about the market.
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence, their parent company announced on Wednesday.
Arturo Béjar testified before a Senate subcommittee on Tuesday about social media and the teen mental health crisis, hoping to shed light on how Meta executives, including Zuckerberg, knew about the harms Instagram was causing but chose not to make meaningful changes to address them.
