Coinbase could jump 65% as it benefits from cryptocurrencies going mainstream, JPMorgan says | Currency News | Financial and Business News

Steven Ferdman/Getty Images JPMorgan initiated Coinbase at a Buy and set a $371 price target for the crypto exchange, according to a Tuesday note. The bank believes Coinbase will be a prime beneficiary as cryptocurrencies go mainstream. Shares of Coinbase are down 48% from the peak hit on the day the company went public in April. Sign up here for […]

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Interest in crypto payments is widening among US consumers, per recent BitPay study

A BitPay study found US consumers are increasingly interested in making purchases with cryptos. And this is creating a growth opportunity for payment providers in the space. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments & Commerce industry. Learn more about becoming a client. Eighteen percent of the US adult population—46 million consumers—said they will likely […]

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At least 3 dead in shooting inside home in West Jefferson, Ohio

West Jefferson police, the Ohio Bureau of Criminal Investigation and the Madison County Sheriff's office are on the scene of a shooting that killed 'multiple victims' at the north end of a multi-unit house (at left) on a dead-end stretch of Jackson Street. (Photo: Marc Kovac) COLUMBUS, Ohio — At least three people are dead following a shooting Monday afternoon in […]

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FSIS Issues Health Alert For Frozen, Cooked Diced Poultry Products

The U.S. Department of Agriculture’s Food Safety and Inspection Service or FSIS has issued a public health alert for around 130,860 pounds of frozen fully cooked, diced chicken products citing the potential contamination with Listeria monocytogenes. The agency has warned against 4-lb. plastic bags containing “FULLY COOKED CHICKEN MEAT 3/4 DICED WHITE” with code 13530, Est. number P-18237, and pack […]

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Asia shares track Wall Street up as inflation fears fade

HONG KONG (Reuters) – Asian shares advanced on Tuesday, tracking a rally on Wall Street, while the dollar held near a fourth-month low as inflation worries faded after Federal Reserve officials allayed fears about monetary policy tightening.FILE PHOTO: A man stands on an overpass with an electronic board showing Shanghai and Shenzhen stock indexes, at the Lujiazui financial district in […]

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Market close: Solid company results fail to lift sharemarket

The New Zealand sharemarket continued to sag, losing nearly one per cent, despite solid annual results from car retailer Turners Automotive and retirement village operator Arvida, and a rebound by meal kit company My Food Bag. The S&P/NZX 50 Index fell 107.8 points or 0.87 per cent to 12,341.19 after reaching a morning high of 12,461.02 but it was downhill […]

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