article thumbnail

Bitcoin Daily: Ether Price Soars, William Shatner Stands Up For Bitcoin

PYMNTS

The price of ether increased 9 percent after William Hinman, head of the Division of Corporate Finance for the U.S. Securities and Exchange Commission (SEC), said that his agency does not consider the digital currency to be a security. The price of ether hit $520.88

article thumbnail

Data Update 1 for 2021: A (Data) Look Back at a Most Forgettable Year (2020)!

Musings on Markets

That said, it does mean that any broad conclusions (about profitability and revenues) that emerge from my data apply to public companies, and it may be dangerous to extrapolate to private businesses, especially in a year like 2020 where private businesses could have been affected more adversely by COVID shutdowns than public companies.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

In Search of Safe Havens: The Trust Deficit and Risk-free Investments!

Musings on Markets

I was reminded of that paper a few weeks ago, when Fitch downgraded the US, from AAA to AA+, a relatively minor shift, but one with significant psychological consequences for investors in the largest economy in the world, whose currency still dominates global transactions. What is a risk free investment? Why does the risk-free rate matter?

article thumbnail

Data Update 1 for 2024: The data speaks, but what does it say?

Musings on Markets

In my corporate finance class, I describe all decisions that companies make as falling into one of three buckets – investing decisions, financing decision and dividend decisions. Valuation Pricing Growth & Reinvestment Profitability Risk Multiple s 1. Profit Margins 1. Costs of equity & capital 1.