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Making sense of the markets this week: February 13
- February 12, 2022
- Posted by: MasterAdmin
- Category: Altcoins
No CommentsEach week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Earnings season continues, the halftime report
Last year’s Q4 financial reporting seems to be the most “normal” earnings season we’ve had in the past two years, with companies beating earnings expectations by amounts similar to long-run averages. Corporate profitability remains strong. Here is the latest report card for Q4 results-to-date, courtesy of DataTrek:
76% of reporting S&P 500 companies beat Wall Street earnings estimates.…
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Shiba inu vs. dogecoin: Are memecoins a good investment?
- February 9, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
In the dog-eat-dog world of cryptocurrencies, two digital coins are adding a note of levity: dogecoin and shiba inu. As evident in their amusing names, they refuse to take themselves too seriously. These cryptos are “memecoins,” a category of lightweight crypto assets inspired by internet memes, jokes and trends.
According to a CoinMarketCap estimate, there are 295 memecoins circulating in the ever-expanding cryptoverse.…
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What is DeFi? And how can Canadians invest in it?
- February 8, 2022
- Posted by: MasterAdmin
- Category: Altcoins
If 2020 was a transformative year for cryptocurrencies, 2021 saw the digital currency landscape evolve and expand with disruptive innovations. One of the hottest and most impactful areas of the blockchain economy is decentralized finance, or DeFi.
DeFi is fast emerging as a borderless, friction-free, cheaper and faster alternative to the current financial system. At its core, DeFi is a network of applications that are designed to replicate traditional financial instruments such as lending, borrowing and investing but with cryptocurrency, which doesn’t require intermediaries such as banks or brokerages to make decisions or approve transactions.…
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How to gain exposure to crypto without buying it
- February 1, 2022
- Posted by: MasterAdmin
- Category: Altcoins
Cryptocurrencies are everywhere: in social media, sports, music, celebrity promotions and real estate. You can’t go a day without hearing how bitcoin, ethereum and other digital coins are seeping into yet another aspect of our lives. Even legacy financial institutions, long averse to digital assets, are climbing onto the crypto bandwagon.
Cryptocurrencies are now undeniably mainstream.…