CoinFlip expands cryptocurrency trading service to Washington state – Yahoo News

CoinFlip expands cryptocurrency trading service to Washington state – Yahoo News

Blockchain Crypto Market Technology
May 11, 2022 by Coinvasity
22
May 11—CoinFlip has expanded its online cryptocurrency trading service to Washington state.The Chicago-based cryptocurrency investment services company announced Tuesday it launched CoinFlip Trade Desk in Washington as part of a larger expansion that includes four other states: Alabama, Alaska, New Mexico and Rhode Island."Bringing our services to nearly every state in the U.S. is integral
wp-header-logo-152.png

May 11—CoinFlip has expanded its online cryptocurrency trading service to Washington state.
The Chicago-based cryptocurrency investment services company announced Tuesday it launched CoinFlip Trade Desk in Washington as part of a larger expansion that includes four other states: Alabama, Alaska, New Mexico and Rhode Island.
"Bringing our services to nearly every state in the U.S. is integral for us as we continue to build a comprehensive platform for the digital economy," Ben Weiss, CEO and co-founder of CoinFlip, said in a statement. "It is important that we expand our resources so we can best serve our communities at a grassroots level, a primary objective as we look ahead."
Trade Desk, established in 2020, connects customers with account managers who are able to answer questions and provide support. Customers are able to purchase cryptocurrency via wire or bank account transfers on the trading platform.
CoinFlip was founded in 2015 by Daniel Polotsky, Kristoffer Dayrit, Alan Gurevich and Benjamin Weiss. The company operates more than 3,500 cryptocurrency kiosks in 49 states, in addition to its online trading platform.
Mr. Mad Money remains optimistic.
The company is capitalizing on two trends that picked up momentum during the pandemic and remain strong today.
Here's what Morgan Stanley is now forecasting, after being the most bearish major Wall Street firm heading into 2022.
Bearish Market Takes Toll on Financials in First Quarter
Tech giants Apple, Amazon, and Meta have seen tens of billions erased from their market caps since the Federal Reserve raised interest rates.
There’s really no use denying the headwinds that are pushing the markets around these days. Persistently high inflation, slowing GDP growth, and a jobs market that, while expanding in absolute terms, is still down from pre-pandemic levels are feeding fears that we’re facing a round of ‘70’s-style stagflation. And these have combined with geopolitical factors – the Russia-Ukraine war, the resumption of severe lockdown policies in China – to ratchet up worries about recession in the near term. At
Moderna said he left on Tuesday after Dentsply Sirona Inc announced the investigation. The probe, which may cause a delay in the dental products maker's quarterly filing with U.S. securities regulators, was focused on the use of incentives to sell products to distributors and whether those were properly accounted.
(Bloomberg) — There’s a crypto refrain when prices crash precipitously like this: The selloff is washing out the short term-focused non-believers, known as weak hands, strengthening the industry in its wake. Most Read from BloombergMarcos Jr. Leads With 61% of Votes Counted: Philippines UpdateStocks Sink to 13-Month Low as U.S. Curve Steepens: Markets WrapDay Trader Army Loses All the Money It Made in Meme-Stock EraRussian Envoy to Poland Hit With Red Paint in War ProtestDictator’s Son Marcos W
Ready or not, the bear market has arrived for high-growth tech stocks. Although tech stocks have been a pillar for Wall Street since the end of the Great Recession, both the Nasdaq Composite and Technology Select Sector SPDR ETF are more than 20% off their all-time highs and in official bear market territory. While the unpredictability and velocity of downside moves during a bear market can be scary, history has shown time and again that putting your money to work during these large downdrafts is a smart move.
After all, a dividend yield can rise sharply simply due to a falling share price. Two high-yielding stocks that you should consider for your portfolio are Medical Properties Trust (NYSE: MPW) and Camping World Holdings (NYSE: CWH). Medical Properties is a real estate investment trust (REIT) that collects rent payments predominantly from various types of hospitals.
To put it another way, the losses I've seen in my portfolio exceed those of the general market. There's a reason I make it a point to keep about a year's worth of cash in my savings account — you never know when the need for money might arise.
These innovative, fast-paced stocks are historically cheap and ripe for the picking by opportunistic investors.
The company's new capital-allocation framework could see it pay out a large portion of its oil-fueled windfall.
In the near term, volatility in cryptocurrencies is expected to continue, and a turnaround may not be coming anytime soon.
Loeb says the stock market is responding to some significant imbalances, and investors should start paying attention.
The tech über-bull trimmed her holdings in Elon Musk’s carmaker amid a recent slump to put a bet down on GM’s fledgling robotaxi business.
Toyota says it expects operating profit in the current fiscal year of 2.4 trillion yen, down almost 20% from the just-ended period.
One company — a name you don't know — actually dominates the Las Vegas Strip. Investors should take notice.
At 8:30 a.m. ET, the CPI report will be released, a closely watched data point to determine how inflation is trending.
They are underperforming the market by a widening margin. There is no reason to consider buying this group of stocks anytime soon.

source

Add a comment