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20 days ago
MicroStrategy executive Michael Saylor warns that the greatest risk to Bitcoin is ambitious opportunists advocating protocol changes.
The remark comes just as Coinbase and the Ethereum network make moves to address one of Bitcoin’s most existential long-term threats: quantum computing.
The MicroStrategy co-founder framed protocol ossification as Bitcoin’s primary defense. According to Michael Saylor, internal attempts to “improve” the network pose a greater danger than external technological threats.
This remark highlights Bitcoin’s role as neutral digital money amid debates like the BIP-11
The remark comes just as Coinbase and the Ethereum network make moves to address one of Bitcoin’s most existential long-term threats: quantum computing.
The MicroStrategy co-founder framed protocol ossification as Bitcoin’s primary defense. According to Michael Saylor, internal attempts to “improve” the network pose a greater danger than external technological threats.
This remark highlights Bitcoin’s role as neutral digital money amid debates like the BIP-11
1 month ago
Though former New England Patriots tight end Rob “Gronk” Gronkowski may delight fans with his silly antics, he’s anything but when it comes to managing his money.
The former player recently revealed that he never spent a cent of his NFL salary, using income from off-the-field activities to pay his bills. But the “Gronk” isn’t the only NFL athlete to invest his money wisely and buck the trend of well-paid athletes who later fall on financial hard times despite their astronomical paychecks.
Gronkowski’s teammate Tom Brady, former NFL running back Marshawn Lynch, and current Philadelphia Eagles
The former player recently revealed that he never spent a cent of his NFL salary, using income from off-the-field activities to pay his bills. But the “Gronk” isn’t the only NFL athlete to invest his money wisely and buck the trend of well-paid athletes who later fall on financial hard times despite their astronomical paychecks.
Gronkowski’s teammate Tom Brady, former NFL running back Marshawn Lynch, and current Philadelphia Eagles
1 month ago
While President Donald Trump has said that Americans should see $2,000 checks for the government in mid 2026, it might depend on Congress.
On Dec. 21, White House economic adviser Kevin Hassett said that tariff dividend checks will need congressional approval.
“Congress is going to have to send those money to those peoples," Hassett said on CBS News' "Face the Nation with Margaret Brennan.” "This would have to be money that would be an appropriation."
However, he voiced optimism over the plan.
"But the thing we can say is that since July, we've had a lot of positive news about the economy,
On Dec. 21, White House economic adviser Kevin Hassett said that tariff dividend checks will need congressional approval.
“Congress is going to have to send those money to those peoples," Hassett said on CBS News' "Face the Nation with Margaret Brennan.” "This would have to be money that would be an appropriation."
However, he voiced optimism over the plan.
"But the thing we can say is that since July, we've had a lot of positive news about the economy,
2 months ago
The U.S. may have a secret weapon against rising electricity prices
Imagine a restaurant open 24 hours a day, 7 days a week that always maintains a full staff. With the exception of weekend nights and the lunch rush, the restaurant will be empty a lot of the time. But the restaurant’s owner is paying to keep it open all the time - spending money on staffing and rent even when the number of customers is low.
That’s the reality of the U.S. electricity grid. It is built to handle “peak demand” - moments of high electricity usage that often happen in the height of summer or in the frigid cold
Imagine a restaurant open 24 hours a day, 7 days a week that always maintains a full staff. With the exception of weekend nights and the lunch rush, the restaurant will be empty a lot of the time. But the restaurant’s owner is paying to keep it open all the time - spending money on staffing and rent even when the number of customers is low.
That’s the reality of the U.S. electricity grid. It is built to handle “peak demand” - moments of high electricity usage that often happen in the height of summer or in the frigid cold
2 months ago
BitMEX co-founder and Maelstrom CIO Arthur Hayes thinks 2026-2027 will see the "meat of money printing" which will be beneficial to Bitcoin (BTC).
During a recent interview with CoinDesk, Hayes talked in detail about the upcoming U.S. midterm election in November 2026 and its impact on Bitcoin's price.
Hayes argued the midterm election will see the Republicans printing money and handing out "goodies" to gain votes as their odds of winning the House are around 50% on Polymarket.
Related: **** yst rules out 'nuclear' dollar printing but Bitcoin still not safe
In fact, both Democrats and Repu
During a recent interview with CoinDesk, Hayes talked in detail about the upcoming U.S. midterm election in November 2026 and its impact on Bitcoin's price.
Hayes argued the midterm election will see the Republicans printing money and handing out "goodies" to gain votes as their odds of winning the House are around 50% on Polymarket.
Related: **** yst rules out 'nuclear' dollar printing but Bitcoin still not safe
In fact, both Democrats and Repu
2 months ago
At a former GE Lighting facility in Ravenna, Ohio, a warehouse now houses a growing bitcoin mine. Operated by Rubber City Data, the facility runs more than 500 specialized servers that process bitcoin transactions around the clock, according to Crain's Cleveland Business.
Rubber City Data owner Marc Behar is a former U.S. Air Force linguist who entered the world of bitcoin as a true believer in the technology. In 2018, he converted nearly all of his savings into cryptocurrency and later funded the Ravenna operation with his own money alongside investments from friends and family.
What starte
Rubber City Data owner Marc Behar is a former U.S. Air Force linguist who entered the world of bitcoin as a true believer in the technology. In 2018, he converted nearly all of his savings into cryptocurrency and later funded the Ravenna operation with his own money alongside investments from friends and family.
What starte
2 months ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Gifting cryptocurrency to a family member has likely grown in popularity thanks to easier ways to buy and sell major cryptos like Bitcoin (CRYPTO: BTC), Dogecoin (CRYPTO: DOGE) and Ethereum (CRYPTO: ETH).
Here's a look back at how much a gift of cryptocurrency for Christmas in 2024 would be worth today and whether your family members are hoping to find gifts like Bitcoin in their stocking or under the Christmas tree instead of traditional gifts like toys, clothes, gift cards and money.
Don't
Gifting cryptocurrency to a family member has likely grown in popularity thanks to easier ways to buy and sell major cryptos like Bitcoin (CRYPTO: BTC), Dogecoin (CRYPTO: DOGE) and Ethereum (CRYPTO: ETH).
Here's a look back at how much a gift of cryptocurrency for Christmas in 2024 would be worth today and whether your family members are hoping to find gifts like Bitcoin in their stocking or under the Christmas tree instead of traditional gifts like toys, clothes, gift cards and money.
Don't
2 months ago
Prominent American investor Ray Dalio is sharpening his long-held skepticism on Bitcoin’s role in the global system, arguing that despite its scarcity and appeal as money, it remains ill-suited to sit on central bank balance sheets.
In a recent interview with entrepreneur Nikhil Kamath, Dalio framed Bitcoin as money in spirit, then drew a clear line on who he expects to treat it as reserve grade.
“Bitcoin is limited in supply and its perception of money. It is a form of money,” he said, while describing a set of hurdles that he believes keep central banks at arm’s length.
Dalio said Bitcoin
In a recent interview with entrepreneur Nikhil Kamath, Dalio framed Bitcoin as money in spirit, then drew a clear line on who he expects to treat it as reserve grade.
“Bitcoin is limited in supply and its perception of money. It is a form of money,” he said, while describing a set of hurdles that he believes keep central banks at arm’s length.
Dalio said Bitcoin
2 months ago
Arthur Hayes just laid out his Bitcoin roadmap for the next three months — and it ends at $200,000.
The angel investor and Maelstrom fund CIO published a new essay on Friday, arguing that the Federal Reserve is printing money through a new programme, dubbed Reserve Management Purchases.
And once investors realise its effects resemble those of quantitative easing, Bitcoin will explode higher.
“As the market equates RMP to QE, Bitcoin will quickly retake $124,000 and punch quickly towards $200,000,” Hayes wrote.
His timeline is auspicious — Bitcoin should rally hard in the first three months
The angel investor and Maelstrom fund CIO published a new essay on Friday, arguing that the Federal Reserve is printing money through a new programme, dubbed Reserve Management Purchases.
And once investors realise its effects resemble those of quantitative easing, Bitcoin will explode higher.
“As the market equates RMP to QE, Bitcoin will quickly retake $124,000 and punch quickly towards $200,000,” Hayes wrote.
His timeline is auspicious — Bitcoin should rally hard in the first three months
2 months ago
Scammers drained $700,000 from NYC grandma's accounts. Now she's suing the banks.
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
The fraud started in August 2023 as fear dressed up as urgency. Pop-up warnings began flashing across 86-year-old Nina Mortellito’s computer screen, claiming her bank accounts had been hacked. What followed was a months-long tale of manipulation that ultimately drained her of $700,000 — her entire life savings.
According to a lawsuit filed against Merrill Lynch in Manhattan Supreme Court, the Upper East Side re
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
The fraud started in August 2023 as fear dressed up as urgency. Pop-up warnings began flashing across 86-year-old Nina Mortellito’s computer screen, claiming her bank accounts had been hacked. What followed was a months-long tale of manipulation that ultimately drained her of $700,000 — her entire life savings.
According to a lawsuit filed against Merrill Lynch in Manhattan Supreme Court, the Upper East Side re
2 months ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
These days, gauging the health of the economy is almost like trying to figure out how Schrödinger's cat is doing.
Depending on who you talk to, the economy might be on the upswing or trending downward: It’s showing promise but also headed for collapse.
Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what
These days, gauging the health of the economy is almost like trying to figure out how Schrödinger's cat is doing.
Depending on who you talk to, the economy might be on the upswing or trending downward: It’s showing promise but also headed for collapse.
Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what
2 months ago
Strategy Inc (NASDAQ:MSTR) is one of the stocks Jim Cramer recently looked at. Cramer mentioned the stock during the episode and said:
“In this business, nothing’s harder than spotting bottoms… What matters the most here is not Bitcoin itself, but a company called Strategy run by Michael Saylor, a Bitcoin evangelist who’s adopted what I consider to be a Malcolm X style by any means necessary approach to keep Bitcoin higher. He has a huge amount of money on the line because Strategy has transformed itself basically into a Bitcoin accumulation machine fueled by borrowed money.
Pixabay/Public D
“In this business, nothing’s harder than spotting bottoms… What matters the most here is not Bitcoin itself, but a company called Strategy run by Michael Saylor, a Bitcoin evangelist who’s adopted what I consider to be a Malcolm X style by any means necessary approach to keep Bitcoin higher. He has a huge amount of money on the line because Strategy has transformed itself basically into a Bitcoin accumulation machine fueled by borrowed money.
Pixabay/Public D
2 months ago
Louis Navellier has seen a thing or two over the years. Navellier, a veteran money manager who has been navigating the stock market since the 1980s, is the founder of Navellier & ****** ociates, a firm with about $1 billion in ****** ets under management.
His long career means he has managed money through the savings and loan crisis of the 1980s and early 1990s, the internet boom and bust, the Great Recession, the Covid pandemic, and 2022's bear market. Along the way, he learned some valuable insights about markets and what causes stocks to rise or fall — a knowledge that has helped keep him
His long career means he has managed money through the savings and loan crisis of the 1980s and early 1990s, the internet boom and bust, the Great Recession, the Covid pandemic, and 2022's bear market. Along the way, he learned some valuable insights about markets and what causes stocks to rise or fall — a knowledge that has helped keep him
2 months ago
Everyone is talking about a K-shaped economy, in which lower- and middle-income households are increasingly being squeezed by a weakening job market and rebounding inflation.
The backdrop has taken a toll on consumer wallets, shifting spending from discretionary to essential purchases. It's also led to consumers rethinking where they spend their hard-earned money, with an increasing number seeking out retailers with a history of low prices, including discount chains and dollar stores.
Dollar General is one of the leading beneficiaries of this shift in customer behavior, as evidenced by its r
The backdrop has taken a toll on consumer wallets, shifting spending from discretionary to essential purchases. It's also led to consumers rethinking where they spend their hard-earned money, with an increasing number seeking out retailers with a history of low prices, including discount chains and dollar stores.
Dollar General is one of the leading beneficiaries of this shift in customer behavior, as evidenced by its r
2 months ago
Netflix gave him $11 million. Prosecutors say he blew it on cars and luxury beds.
Carl Erik Rinsch had already burned through more than $44 million of Netflix’s money when the streaming giant wired him an additional $11 million in March 2020 to finish a sci-fi series called “White Horse.” But according to the federal indictment, the show was never completed. And not a single episode aired.
Instead, federal prosecutors say Rinsch diverted nearly all those funds into personal brokerage accounts, lost half of it on speculative stock trades, made it back through cryptocurrency, and then went o
Carl Erik Rinsch had already burned through more than $44 million of Netflix’s money when the streaming giant wired him an additional $11 million in March 2020 to finish a sci-fi series called “White Horse.” But according to the federal indictment, the show was never completed. And not a single episode aired.
Instead, federal prosecutors say Rinsch diverted nearly all those funds into personal brokerage accounts, lost half of it on speculative stock trades, made it back through cryptocurrency, and then went o
2 months ago
Source: Mets agree to 3-year contract with former Yankees closer, 2-time All-Star Devin Williams
The New York Mets have agreed to a three-year contract with former Yankees closer and two-time All-Star reliever Devin Williams, Yahoo Sports' Russell Dorsey confirms.
The Athletic and ESPN first reported the news. Per ESPN's Jeff Passan, the contract is worth more than $50 million in guaranteed money.
Williams, 30, was one of baseball's best relievers during a six-year stint with the Milwaukee Brewers. He made two All-Star teams in Milwaukee while posting a 1.83 ERA with 375 strikeouts and 11
The New York Mets have agreed to a three-year contract with former Yankees closer and two-time All-Star reliever Devin Williams, Yahoo Sports' Russell Dorsey confirms.
The Athletic and ESPN first reported the news. Per ESPN's Jeff Passan, the contract is worth more than $50 million in guaranteed money.
Williams, 30, was one of baseball's best relievers during a six-year stint with the Milwaukee Brewers. He made two All-Star teams in Milwaukee while posting a 1.83 ERA with 375 strikeouts and 11
2 months ago
The government of Nicolás Maduro claims to have millions of troops, enough military power and an efficient anti-aircraft system to counter a possible armed attack by the United States amid accusations that Venezuela’s political leadership leads a “terrorist” drug trafficking cartel.
But does the Maduro administration have enough money to pay for and endure the consequences of a long-term war with the United States after years of economic crisis? Experts doub it, warning of the outcomes that an armed conflict would have in one of the most troubled economies in the world.
The U.S. State Depart
But does the Maduro administration have enough money to pay for and endure the consequences of a long-term war with the United States after years of economic crisis? Experts doub it, warning of the outcomes that an armed conflict would have in one of the most troubled economies in the world.
The U.S. State Depart
2 months ago
Two major economies are tightening control over digital currencies just as the US pushes to cement its leadership in the stablecoin sector. Israel is accelerating its digital shekel plans while China continues to expand the digital yuan.
These moves signal a broader global shift toward sovereign digital money that could challenge the reach and influence of US dollar–based stablecoins.
Stablecoins have become a central pillar of the digital ***** et market, moving well beyond their early role as a trading convenience.
The sector now processes more than $2 trillion in monthly volume and holds
These moves signal a broader global shift toward sovereign digital money that could challenge the reach and influence of US dollar–based stablecoins.
Stablecoins have become a central pillar of the digital ***** et market, moving well beyond their early role as a trading convenience.
The sector now processes more than $2 trillion in monthly volume and holds
3 months ago
Take your Social Security at 62.
That’s the buzzy advice blowing up on TikTok and YouTube.
Droves of “finfluencers,” as these social media personalities doling out financial tips are called, have been posting videos and memes to justify starting Social Security retirement benefits at age 62 — the earliest age allowed — and then investing the money each month in stocks.
That argument is in stark contrast to what most financial advisers and retirement experts have been urging people to do for years, which is to delay tapping your benefit until age 70 if you can afford to, thereby reaping a la
That’s the buzzy advice blowing up on TikTok and YouTube.
Droves of “finfluencers,” as these social media personalities doling out financial tips are called, have been posting videos and memes to justify starting Social Security retirement benefits at age 62 — the earliest age allowed — and then investing the money each month in stocks.
That argument is in stark contrast to what most financial advisers and retirement experts have been urging people to do for years, which is to delay tapping your benefit until age 70 if you can afford to, thereby reaping a la
3 months ago
Kazakhstan’s central bank is weighing a plan to invest up to $300 million in cryptocurrency ******* ets.
On November 28, Timur Suleimenov, chairman of the National Bank of Kazakhstan, said the bank could allocate funds from the National Fund and its foreign-exchange reserves into crypto.
However, he emphasized that the full amount may not be used.
"In the first stage, we'll be managing gold and foreign exchange reserves. This is the same money that needs to be managed. Some of it is in gold, some in securities. Within this portfolio, a separate portfolio has already been created, focusing o
On November 28, Timur Suleimenov, chairman of the National Bank of Kazakhstan, said the bank could allocate funds from the National Fund and its foreign-exchange reserves into crypto.
However, he emphasized that the full amount may not be used.
"In the first stage, we'll be managing gold and foreign exchange reserves. This is the same money that needs to be managed. Some of it is in gold, some in securities. Within this portfolio, a separate portfolio has already been created, focusing o
3 months ago
This post was originally published on TKer.co on October 15, 2021.
The stock market can be an intimidating place: it’s real money on the line, there’s an overwhelming amount of information to follow, and people have lost fortunes in it very quickly.
But it’s also a place where thoughtful investors have long accumulated a lot of wealth.
The primary difference between positive and negative outcomes is related to misconceptions about the stock market that can lead people to make poor investment decisions.
With that in mind, I present to you ten truths about the stock market.¹
https://finan
The stock market can be an intimidating place: it’s real money on the line, there’s an overwhelming amount of information to follow, and people have lost fortunes in it very quickly.
But it’s also a place where thoughtful investors have long accumulated a lot of wealth.
The primary difference between positive and negative outcomes is related to misconceptions about the stock market that can lead people to make poor investment decisions.
With that in mind, I present to you ten truths about the stock market.¹
https://finan
3 months ago
$1,000 'Trump accounts' are coming for newborns. Critics say low-income kids may miss out.
The Trump administration is gearing up to create investment accounts for millions of children — and in the process, advocates hope, create a new generation of capitalists.
The initiative, tucked into Republicans’ domestic policy megabill, is not only aimed at building nest eggs for kids, with the government providing $1,000 in seed money for those born in the next four years. At a time when economic anxiety is mounting, the government also wants to convince young people and their families of the bene
The Trump administration is gearing up to create investment accounts for millions of children — and in the process, advocates hope, create a new generation of capitalists.
The initiative, tucked into Republicans’ domestic policy megabill, is not only aimed at building nest eggs for kids, with the government providing $1,000 in seed money for those born in the next four years. At a time when economic anxiety is mounting, the government also wants to convince young people and their families of the bene
3 months ago
Growing skepticism around GOP's plan to go all in on health savings accounts
Republicans facing voter ire over spiking health premiums are resurrecting one of their favorite ideas: Give people power to pay for medical care on their own, with tax-free dollars in individual health savings accounts.
The GOP is toying with the idea of taking federal subsidies that currently help people buy Affordable Care Act insurance and diverting some of the money into individuals’ HSAs, although passing legislation without help from Democrats is a tall order with Republicans’ slim Senate and House majoriti
Republicans facing voter ire over spiking health premiums are resurrecting one of their favorite ideas: Give people power to pay for medical care on their own, with tax-free dollars in individual health savings accounts.
The GOP is toying with the idea of taking federal subsidies that currently help people buy Affordable Care Act insurance and diverting some of the money into individuals’ HSAs, although passing legislation without help from Democrats is a tall order with Republicans’ slim Senate and House majoriti
3 months ago
The ongoing Bitcoin crash is milder than some previous crashes, so far. Here’s how to protect your portfolio.
Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.
https://www.nerdwallet.com...
Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.
https://www.nerdwallet.com...
3 months ago
Bitcoin is attempting to steady after weeks of heavy selling pushed the price into the high-conviction $83,000–$84,000 demand zone, a region that has repeatedly attracted institutional accumulation throughout the year.
BTC trades near $86,036, up 2.84% in the last 24 hours, as traders **** s whether long-term holders are quietly buying spot while short-term panic fades.
With a market cap above $1.71 trillion, the question heading into Q1 is straightforward: Is smart money positioning for the next leg higher?
As discussed in our previous Bitcoin prediction, Bitcoin’s latest decline has now f
BTC trades near $86,036, up 2.84% in the last 24 hours, as traders **** s whether long-term holders are quietly buying spot while short-term panic fades.
With a market cap above $1.71 trillion, the question heading into Q1 is straightforward: Is smart money positioning for the next leg higher?
As discussed in our previous Bitcoin prediction, Bitcoin’s latest decline has now f
3 months ago
FBI arrests alleged ***** ociate of former Olympic snowboarder on 10 Most Wanted list
The FBI announced the capture of a man wanted for his alleged role in a drug-trafficking network that authorities say is led by a former Olympic snowboarder on the bureau’s Ten Most Wanted list.
Rasheed Pascua Hossain, 32, was arrested Friday by the Royal Canadian Mounted Police, according to the Canadian Broadcasting Company. His profile on the FBI “Most Wanted” list was updated afterward to note that he had been “captured.”
Authorities say Hossain helped facilitate money laundering for what federal off
The FBI announced the capture of a man wanted for his alleged role in a drug-trafficking network that authorities say is led by a former Olympic snowboarder on the bureau’s Ten Most Wanted list.
Rasheed Pascua Hossain, 32, was arrested Friday by the Royal Canadian Mounted Police, according to the Canadian Broadcasting Company. His profile on the FBI “Most Wanted” list was updated afterward to note that he had been “captured.”
Authorities say Hossain helped facilitate money laundering for what federal off
3 months ago
Tyson operates meat plants in Nebraska communities, including Omaha. Its plant in Lexington, Nebraska, is set to close in January. (Anna Moneymaker/Getty Images)
LINCOLN — In a blow to the local economy of Lexington, Nebraska, Tyson Foods announced that it is closing the town’s longtime Tyson beef plant that employed about 3,200 people.
The Arkansas-based Tyson said in a statement that changes were designed to “right-size” its beef business and position it for long-term success.
The Lexington plant is to close on or around Jan. 20. The statement did not elaborate on why the plant in the tow
LINCOLN — In a blow to the local economy of Lexington, Nebraska, Tyson Foods announced that it is closing the town’s longtime Tyson beef plant that employed about 3,200 people.
The Arkansas-based Tyson said in a statement that changes were designed to “right-size” its beef business and position it for long-term success.
The Lexington plant is to close on or around Jan. 20. The statement did not elaborate on why the plant in the tow
3 months ago
At a time when the November slump is testing every Bitcoin (BTC) trader's patience, one person has decided to take the plunge.
Rich Dad Poor Dad author Robert Kiyosaki has revealed that he sold some of his Bitcoin.
Kiyosaki is one of the most influential personal-finance voices of the past two decades, has long used his platform to frame Bitcoin as the ultimate hedge against a global “everything bubble.”
His teachings, centered on financial independence, cash-flow investing, and distrust of fiat money, have made him a prominent figure among Bitcoin advocates.
This week, however, Kiyosaki s
Rich Dad Poor Dad author Robert Kiyosaki has revealed that he sold some of his Bitcoin.
Kiyosaki is one of the most influential personal-finance voices of the past two decades, has long used his platform to frame Bitcoin as the ultimate hedge against a global “everything bubble.”
His teachings, centered on financial independence, cash-flow investing, and distrust of fiat money, have made him a prominent figure among Bitcoin advocates.
This week, however, Kiyosaki s
3 months ago
The drone economy is taking off, and investors are getting more options to put money into the budding industry.
The recently launched REX Drone exchange-traded fund, for example, has 80% of its portfolio earmarked for companies that generate the bulk of revenues from drones, unmanned aerial vehicles (UVA) and the companies that support the industry’s technologies.
"The drones theme is exciting for a couple of reasons," REX CEO Greg King told FOX Business. "No. 1, the military applications. Ukraine and the Middle East have approved the utility there. And defense budgets are shifting over to a
The recently launched REX Drone exchange-traded fund, for example, has 80% of its portfolio earmarked for companies that generate the bulk of revenues from drones, unmanned aerial vehicles (UVA) and the companies that support the industry’s technologies.
"The drones theme is exciting for a couple of reasons," REX CEO Greg King told FOX Business. "No. 1, the military applications. Ukraine and the Middle East have approved the utility there. And defense budgets are shifting over to a
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3 months ago
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