• September 12, 2024

WGMI: Trump Victory Would Ignite This Bitcoin ETF

While the upcoming U.S. Presidential election will likely be a catalyst for a variety of stocks and sectors, perhaps no ETF has more to gain from a potential Trump victory than the Valkyrie Bitcoin Miners ETF (WGMI). I’m bullish on WGMI based on its intriguing risk/reward profile in the event of a Trump victory. Plus, sell-side analysts forecast a potential upside of nearly 100% for this tiny ETF over the next 12 months. What Is the WGMI ETF’s Strategy? According to the fund’s sponsor, WGMI “is

  • September 11, 2024

Adam Neumann's crypto comeback company is reportedly refunding investors

In a development that will surprise few, former WeWork CEO Adam Neumann's climate/crypto/carbon-credit startup Flowcarbon appears to be in the process of curling up to die, Forbes reported today. Buyers of the outfit's "Goddess Nature Token," pitched as the first step in putting carbon credits on the blockchain, have reportedly been contacted about receiving refunds over the last month, but they must first sign a confidentiality agreement and release of claims against Flowcarbon. The company told Forbes this was "well known" that it has been offering refunds, citing carbon credit market conditions for the operational delay.