Category: Benzinga

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Cryptocurrency Prices Evolve In Cycles, Andreessen Horowitz Report Shows

Cryptocurrency Prices Evolve In Cycles, Andreessen Horowitz Report Shows

Andreessen Horowitz has published a report studying the way crypto prices have evolved. What Happened: The Melo Park venture capital firm released a report about cryptocurrency prices development on Nov. 24.  It outlines three “cycles” the crypto industry already had –– “periods of high activity” in 2011, 2013, and 2017, followed by the so-called “crypto winters.” The first cycle took...

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Cannabis Stock Gainers And Losers From November 25, 2020

Cannabis Stock Gainers And Losers From November 25, 2020

GAINERS: MariMed (OTCQX: MRMD) shares closed up 69.34% at $9.35 TerrAscend (OTCQX: TRSSF) shares closed up 17.03% at $9.15 Canopy Rivers (PINK: CNPOF) shares closed up 16.94% at $0.84 Helix TCS (OTCQB: HLIX) shares closed up 16.85% at $0.26 Cann Gr (PINK: CNGGF) shares closed up 15.46% at $0.43 Neptune Wellness Solns (NASDAQ: NEPT) shares closed up 13.07% at $1.73 ReneSola (NYSE:...

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HC2 Holdings Announces Closing of Rights Offering

HC2 Holdings Announces Closing of Rights Offering

NEW YORK, Nov. 25, 2020 (GLOBE NEWSWIRE) — HC2 Holdings, Inc. (“HC2” or the “Company”) (NYSE:HCHC), a diversified holding company, announced today the closing of its successful rights offering, which expired at 5:00 p.m., New York City time, on November 20, 2020. Pursuant to the terms of the rights offering, 13,979,674 shares of common stock...

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Bitcoin, Ethereum & Zilliqa – American Wrap: 11/25/2020

Bitcoin, Ethereum & Zilliqa – American Wrap: 11/25/2020

Bitcoin Price Decouples From Gold Strengthening Its Store Of Value Properties It seems that Bitcoin has decisively decoupled from gold for the first time in years as the correlation coefficient is dropping fast. In November 2018, Bitcoin price and gold price were inversely correlated, with gold seeing a 12% rally in the following four months while Bitcoin dropped from a high...

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AUD/USD Forecast: Retains Its Neutral-To-Bullish Stance In The Near-Term

AUD/USD Forecast: Retains Its Neutral-To-Bullish Stance In The Near-Term

AUD/USD Current Price: 0.7363 Australian Construction Work Done contracted by more than expected in Q3. The poor performance of equities limited the upside for the AUD. AUD/USD retains its neutral-to-bullish stance in the near-term. The AUD/USD pair held around 0.7360 this Wednesday, trapped between the broad greenback´s weakness and the equities’ poor performance. The pair...

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EUR/USD Forecast: Pressuring Monthly Highs And Poised To Extend Its Advance

EUR/USD Forecast: Pressuring Monthly Highs And Poised To Extend Its Advance

EUR/USD Current Price: 1.1917 Mixed US data put the greenback under pressure ahead of a long weekend. Optimism decreased with equities ending the day mixed. EUR/USD pressuring monthly highs and poised to extend its advance. The EUR/USD pair advanced on Wednesday, reaching a fresh 2-month high of 1.1929 during the European session, to later refresh it...

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Jeff Kilburg's Gold Futures Trade

Jeff Kilburg's Gold Futures Trade

On CNBC's "Futures Outlook," Jeff Kilburg said he is a buyer of gold at its current price level. He thinks investors are doing some major shifts in the allocation of their assets and … Full story available on Benzinga.com

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How A Nonprofit Helps Veterans With Cannabis And Video Games

How A Nonprofit Helps Veterans With Cannabis And Video Games

This article was originally published on Weedmaps, and appears here with permission. At Stack Up, a nonprofit serving U.S. veterans across the country and the world, playing games is part of the firm's mission. Founded in 2015 by Stephen “Shanghai Six” Machuga, a former Army Infantry/Military Intelligence Officer and Airborne Ranger, he served in Iraq with the 2nd Infantry...