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Arcview: Legal Cannabis Projected to Generate $40 Billion and 400,000 Jobs by 2021
Original source: 24 MATINS UK The legal cannabis sector is expected to generate $40 billion and more than 400,000 jobs by 2021 in the United States, according to a study released Tuesday. The estimate by consulting firm Arcview includes direct purchases by consumers...
Bitcoin spikes after reports Peter Thiel’s fund owns ‘hundreds of millions of dollars’ of the cryptocurrency
Authored by Graham Rapier via Business Insider The price of bitcoin spiked over 10% Tuesday to around $14,900 a coin after the Wall Street Journal reported Peter Thiel’s Founders Fund had "amassed hundreds of millions of dollars" worth of the cryptocurrency. According...
Cannabis-Related Stocks Aiming for New “Highs”
While cryptocurrencies might have dominated the financial media space in 2017, this year may see the emergence of yet another new industry: cannabis. Although publicly traded cannabis stocks in the US have not quite achieved the same level of “highs” as their Canadian...
Bitcoin lost a third of its value in 24 hours
Authored by Daniel Shane via CNN Money Has the bitcoin fever broken? Bitcoin prices plunged sharply to below $11,000 on Friday, shedding a third of its value in just 24 hours, according to data from CoinDesk.com. It later rebounded slightly to around...
Bitcoin Cash: Another attempt to overthrow Bitcoin
Authored by Vittoria Onufrio, Senior Broker, Halifax America While Bitcoin has been living a magic moment of great popularity, especially after the introduction of Bitcoin Futures at the CBOE and at the CME, Bitcoin Cash made another attempt to overthrow Bitcoin...
Trader Bets $1 Million that Bitcoin Price Will Reach $50,000 in 2018
Via CCN.com An unknown trader or group of traders has placed a million-dollar bet that the bitcoin price will reach $50,000 by the end of 2018. As first reported by The Wall Street Journal, trading data from LedgerX — the first U.S. exchange to list bitcoin...
The tax bill became less bad as it went through the legislative process
Authored by Josh Barro via Business Insider – Content Remix by Halifax America The Republican tax bill has changed substantially since it was first introduced in November. And the changes have mostly been for the better as it's moved through the legislative...
Bitcoin Futures in a Nutshell (Infographic)
Want to learn more about Bitcoin Futures? Here's a helpful infographic. The risk of loss in the trading of stocks, options, futures, forex, foreign equities, and bonds can be substantial and is not suitable for all investors. Trading on margin or the use of...
Will Cryptocurrencies Pass the Market Test?
Authored by Frank Shostak via Mises.Org – Content Remix by Halifax America On Friday December 8, 2017, the price of bitcoin closed at $15,206– an increase of 28.3% from November. The yearly growth rate stood at 1,474%. Many economists and financial commentators hold...
Bitcoin Exchange Youbit to Declare Bankruptcy After Hack
Authored by Stan Higgins via Coindesk – Content remix by Halifax America A South Korean bitcoin exchange is moving to declare bankruptcy following what it said was a debilitating hack and theft. A message on Youbit's official website posted today states...
The risk of loss in trading stocks, options, foreign equities, and bonds can be substantial and is not suitable for all investors. Trading on margin is not suitable for all investors and losses exceeding your initial deposit is possible. Supporting documentation is available upon request. Day trading is high risk, speculative trading strategy and not suitable for all investors. Carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources and only risk capital should be used. You are fully responsible for any investment decision you make. Halifax America does not make investment recommendations and does not provide tax, financial, or legal advice.
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