Biotech
Bitcoin’s 60% year-to-date correction looks bad, but many stocks have dropped by even more
Bitcoin’s (BTC) and Ether’s (ETH) agonizing 60% and 66% respective drops in price are drawing a lot of criticism from crypto critics and perhaps this is deserved, but there are also plenty of stocks with similar, if not worse, performances. The sharp volatility witnessed in crypto prices is partially driven by major centralized yield and lending platforms becoming insolvent, Three Arrows Capital’s bankruptcy and a handful of exchanges and mining pools facing liquidity issues. For cryptocurrencies, 2022 has definitely not been a good year, and even Tesla sold 75% of its Bitcoin holdings in Q2 at a loss. The quasi-trillion dollar company still holds a $218 million position, but the news certainly did not help investors’ perception of Bitcoin’s corporate adoption. Cryptocurrencies are n...
Top 5 Tech Sectors Expected to Explode in the Next 5 Years
/* custom css */ .tdi_4_a29.td-a-rec-img{ text-align: left; }.tdi_4_a29.td-a-rec-img img{ margin: 0 auto 0 0; } Five key tech sectors will explode in usage, expected to enjoy a combined growth of more than 400% over the next five years, according to market reports. These innovation pacesetters – nanotechnology, AI, Digital Twins, genomics and other biotech life sciences – attracted a combined $892.63 billion of investment in 2020, set to rocket to $2.44 trillion by 2025. Paul Stannard, Chairman of the Vector Innovation Fund (VIF) – an international alternative investment vehicle for advancing enabling technologies globally – said: /* custom css */ .tdi_3_519.td-a-rec-img{ text-align: left; }.tdi_3_519.td-a-rec-img img{ margin: 0 auto 0 0; } “These top five tech growth sectors are the ones ...
