Month: July 2021

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Trading Ideas

Does the New ShibaSwap Exchange Vindicate Meme Tokens’ Validity?

July 10, 2021 admin Comments Off on Does the New ShibaSwap Exchange Vindicate Meme Tokens’ Validity?

Near the end of 2020, an anonymous person launched a new token called Shiba Inu (SHIB) that set out to be the “Dogecoin killer.” While the token itself seemed like nothing more than another meme-based crypto, the launch of the ShibaSwap exchange suggests something slightly more serious. But before we get into all of that, let’s look at some of the history that led to the creation of Shiba Inu.

We first caught wind of its predecessor – if that’s the right word for it – on a subreddit back in 2013. It came about as a self-aware joke. A pair …read more […]

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Understanding American Depositary Receipts and How They Work

July 10, 2021 admin Comments Off on Understanding American Depositary Receipts and How They Work

You love the prospects of an overseas company and want to invest in them. The problem? That company isn’t listed on any of the U.S. stock exchanges. How can you put your investment dollars behind a company listed on a foreign exchange, without access to it directly? The answer is through American depositary receipts (ADRs).
ADRs represent a transparent, safe way for investors to interact with global companies that may not want or be able to list on U.S. exchanges. They’re a great opportunity for these companies to access U.S. capital markets, and for U.S. investors to broaden their scope …read more […]