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Cathie Wood Buys $10M in Bullish (BLSH) Stock Ahead of Q3 Results

Ark Invest CEO Cathie Wood made a bold move by buying nearly $10 million worth of stocks of crypto exchange Bullish (BLSH).

This purchase on November 17 comes despite the BLSH stock price correcting nearly 50% in the last three months since its listing in mid-August.

The share price is already trading at an all-time low as crypto stocks get beaten amid the market downturn.

 » Read more about: Cathie Wood Buys $10M in Bullish (BLSH) Stock Ahead of Q3 Results  »

Amplify ETFs launches first XRP option income ETF as demand grows for crypto-linked yield

Key Takeaways

  • Amplify ETFs is launching XRPM, the first ETF offering option income based on XRP.
  • XRPM provides monthly income and partial upside exposure to XRP price appreciation using a covered call strategy.

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Amplify ETFs, an issuer known for its specialized and income-focused ETF strategies,

 » Read more about: Amplify ETFs launches first XRP option income ETF as demand grows for crypto-linked yield  »

Big Changes Are Coming to 401(k) Contribution Limits. Here’s What to Know.

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On November 13, the Internal Revenue Service (IRS) announced some sweeping changes to contribution limits for 401(k) savers who may be part of the investor cohort who are willing and able to maximize these retirement accounts.

These changes alter the game significantly for those investing for retirement.

 » Read more about: Big Changes Are Coming to 401(k) Contribution Limits. Here’s What to Know.  »

Economist Warns That Trump’s Investments in the Tech Industry Could Crash the Whole Economy

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To strengthen America’s technological edge, President Donald Trump directed the government to buy $8.9 billion of Intel stock this summer, a controversial move that may be followed by a similar deal with quantum-computing companies getting millions of dollars in federal funding.

 » Read more about: Economist Warns That Trump’s Investments in the Tech Industry Could Crash the Whole Economy  »

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