Archive: new york

Crypto Market Musings The Consumer Price Index (CPI) for the month of September is finally here, and it’s not what economists and the Fed wanted. The CPI increased 8.2% from last September and increased 0.4% month to month. The financial markets tumbled right after yesterday morning’s news. Ethereum fell by more than 4%, reaching below $1,250. Bitcoin also reacted poorly, diving below $19,000. Fortunately, both the crypto and stock markets recovered later in the afternoon.  Let’s…

Is Hawaii a Startup Paradise?

By KingsCrowd on March 2, 2022

Note from Early Investing’s editors: There’s been a lot of buzz about how Silicon Valley may be losing its throne as a startup hub. Factors such as sky-high living expenses in California, the rise of remote work and online startup investing are changing the entrepreneurial and venture capital…
In the news this week: New York hemp farmers get a break, Saudi Arabia backs Travis Kalanick again and David Marcus says bitcoin isn’t a currency.
Premium

Four States Gobble Up 80% of Venture Capital Dollars

By Vin Narayanan on October 28, 2019

Just four states receive 80% of all venture capital money. And 40% of all VC money raised goes to Facebook and Google ads. This is a stark reminder of just how broken the VC system is.
In the news this week: New York seals 350 marijuana records, the SEC delays decisions on bitcoin ETF proposals and a former Congressman says “I told you so.”
Premium

Cannabis Report: Curaleaf Grows by Acquisition

By Early Investing on July 25, 2019

Curaleaf is growing the only way it can. And it’s nothing to sniff at.
Premium
Bakkt is a week away from testing its bitcoin futures contracts. And it’s clear the service will be launching very soon.
Premium

Cannabis Report: MedMen Expanding Into Florida

By Early Investing on June 20, 2019

This week in weed, MedMen begins its ambitious Florida expansion, Texas takes a big step forward and New York stumbles in its attempt to legalize recreational marijuana before the end of its legislative session.
The opioid epidemic is a nationwide crisis. But three states that have legalized medical marijuana are seeing a more positive trend.
Premium
Fidelity is mere weeks from launching its crypto trading service for institutional investors. But Binance, Bittrex and Bitfinex aren’t having as good of a week.

News Fix: Pent-Up Demand Driving Interest in Cannabis Stocks

By Vin Narayanan on September 22, 2018

The financial press is grumbling about pot stocks soaring. But, as usual, it's missing the bigger picture. That and other crypto news you need are in this week's News Fix.