A major exchange-traded fund provider is trying to take the volatility out of bitcoin investing.Calamos Investments launched the Calamos Bitcoin Structured Alt Protection ETF (CBOJ) on Wednesday. The firm brands it as “the world’s first downside protected bitcoin ETF.” It is built with risk-adverse investors in mind.”You can get in all day long. Get that 100% protection. And then at the end of the day, we’re going to strike the cap,” the firm’s ETF head Matt Kaufman told CNBC’s “ETF Edge” this week.” Bitcoin is a volatile asset … we don’t want the price of bitcoin to move on you…
Author: usaeverydaylife
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 closed at a fresh record, and what’s on the radar for the next session. Record highs for S & P 500 The S & P 500 set its first record close of the year, closing above 6,100 for the first time. It also notched an intraday record for the second day in a row.…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
U.S. Nikola’s logo is pictured at an event held to present CNH’s new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, on Dec. 3, 2019.Massimo Pinca | ReutersDETROIT — Shares of Nikola closed Thursday down 27.8% after a report that the embattled electric truck maker is exploring options to sell parts or all of the business.The stock closed Thursday at 85 cents apiece after hitting a new 52-week low of 76 cents prior to the end of trading.Bloomberg News reported the potential sale Thursday afternoon and noted other possibilities under consideration include bringing…
To watch Ichiro Suzuki hit ’em where they weren’t for all those years was to have a front-row seat at the intersection of athleticism and artistry. Ichiro was Greg Louganis on the springboard in Seoul. He was Randy Moss extending his arms and collecting the deep ball. He was Bobby Orr going coast-to-coast and netting a short-handed, backhanded goal.Beautiful. Just beautiful.And so when Ichiro’s name was called Tuesday night as the leadoff hitter in the Hall of Fame’s Class of 2025, an opportunity presented itself for us to close our eyes and relive some of those magical days. Or, we…
A founder of a French cryptocurrency company and his wife were freed in France this week after being brutally kidnapped and held for ransom, the authorities announced on Thursday.David Balland, a founder of Ledger, a company that sells physical devices to store crypto assets, was abducted alongside his wife early on Tuesday from their home in Vierzon, a city in central France, according to the Paris prosecutor. The couple were whisked away by car, then separated and detained at different locations, the prosecutor said.The kidnapping set off a broad investigation involving more than 230 officers who sought to locate the…
Joe Lavorgna, SMBC Nikko Chief Economist, joins ‘Fast Money’ to talk the economy under Trump 2.0. Source link
U.S. Senator Elizabeth Warren (D-MA) faces reporters during a break in a bipartisan Artificial Intelligence (AI) Insight Forum for all U.S. senators at the U.S. Capitol in Washington, September 13, 2023.Julia Nikhinson | ReutersTwo senior congressional Democrats have asked multiple regulators to look into the propriety of meme coins issued by President Donald Trump and first lady Melania Trump.Sen. Elizabeth Warren and Rep. Jake Auchincloss, both of Massachusetts, raised issues regarding the first couple using their respective offices for enrichment, along with the potential for “rug-pull” scams similar to what has happened with the other such tokens, as well as…
U.S. President Donald Trump holds a signed executive order on cryptocurrencies in the Oval Office of the White House in Washington on Jan. 23, 2025.Kevin Lamarque | ReutersPresident Donald Trump signed an executive order on Thursday to promote the advancement of cryptocurrencies in the U.S. and to work toward potentially developing a national digital asset stockpile.Venture capitalist David Sacks, who Trump tapped as his crypto and artificial intelligence czar, joined Trump in the Oval Office for the signing of the order.”The digital asset industry plays a crucial role in innovation and economic development in the United States, as well as…
MELBOURNE, Australia — Madison Keys is in the building.With women’s tennis on the verge of an epic showdown between its top two players with the Australian Open title on the line, Keys, the 29-year-old American, crashed the party. She stormed back against Iga Swiatek to win their semifinal 5-7, 6-1, 7-6 (10-8).Down 7-8 in the tiebreak, Keys crushed two serves, one of them an ace and one Swiatek couldn’t return, to grab the only match point she needed. She banged a return and then watched a Swiatek forehand sail long.She clutched her fists and screamed and let the biggest smile…
