From Hot IPO To Cold Wells Notice

Coinbase, cryptocurrencies, crypto getty Coinbase COIN (NYSE: COIN) began its existence on April 14th, 2021 as a hot initial public offering that cryptocurrency freaks could not stop talking about. There was more than the usual amount of “this one’s going to the moon!” free and sometimes paid-for advice that typifies a certain type of IPO…

New Lows For CVS, Hormel And Silvergate

stock market, stablecoin getty While stocks gained ground this week and many seemed to be recovering from the late February sell-off, these 3 well-known names slumped to new 52-week lows. CVS Health (NYSE: CVS), Hormel Foods HRL (NYSE: HRL) and Silvergate Capital (NYSE: SI) continued downward with little sign of bottoming. CVS Health in February…

The SEC Goes After Unregistered Securities

Getty Images Key takeaways The SEC has recently escalated its campaign against unregistered securities, which they claim put investors in risky situations without enough transparency Kraken has shut down its staking service in the U.S. after paying a $30 million settlement to the SEC, causing concerns for other proof-of-stake companies like Ethereum The SEC has…