The Alibabacoin Foundation wants to raise $3.5 million in an ICO.
The only problem is that the foundation is not involved with Alibaba.
Don't Get Fooled by Alibabacoin
In fact, the foundation just received a restraining order...
Archives for April 2018
April 2018 - Page 18 of 19 - Money Morning - Only the News You Can Profit From
Edward Snowden Calls Zcash the "Most Interesting" Cryptocurrency
Edward Snowden believes that Zcash is the most interesting cryptocurrency out there right now.
He's a fan of how the coin is focused on privacy.
He also believes that Bitcoin isn't private enough...
Price of Silver's Next Move Will Be Determined by These 2 Indicators
Since my last update, the price of silver has given back most of the gains from the previous week. In fact, the price of silver actually finished the month of March in the red. After topping out at $16.50 on March 27, the precious metal dipped below $16.30 just two days later.
But there is a bright spot in this recent movement for precious metal investors.
And these two indicators dictate what's next for the price of silver in April 2018...
This Bullish 2018 Ethereum Price Prediction Projects $6,000 by December 31, 2018
There's a bold 2018 Ethereum price prediction out there that shows gains of 1,378%.
That means by Dec. 31, 2018, the price of Ethereum would be $10,000.
Here's everything you need to know about this bold prediction...
Five Top Penny Stocks to Buy in April 2018
Penny stocks give an investor the opportunity to reap a massive profit with very little initial investment.
That's why we're bringing Money Morning readers the five top penny stocks to buy in April 2018.
Our top five penny stocks for April 2018 all have a perfect VQScore of 4, meaning that they have strong underlying value and a solid chance of providing significant gains.
In fact, a few of them are slated to provide returns of over 70%. Here they are...
Dow Jones Today Ekes Out Gains After Monday's 458-Point Drop
The Dow Jones today traded 170 points higher in premarket hours as investors took stock of Monday's brutal selloff.
The Dow fell 458 points to start the second quarter as investors grow more concerned about a potential trade war between the United States and China.
The Dow is now trading down over 4% for the year.
Why "Marquee" IPOs Are a Terrible Idea for Regular Investors
The $756 million Dropbox Inc. initial public offering was a huge success, soaring 35% higher than its $28.48 debut price on the day.
It was the biggest, richest tech IPO since Snap Inc. shares hit the market last year, and it has everyone "talking IPO" again.
What is it about a Silicon Valley IPO that makes investors go all starry-eyed?
I mean, I like unreasonably large piles of money as much as the next guy… but overhyped IPOs of the moment just aren't the way to make a pile yourself.
Big-game IPO investing, where it's even possible, is almost always a loser for anyone who isn't an underwriter, institution, or corporate insider.
In fact, it's much worse than that: If you do somehow manage to get allotted shares of the Next! Big! Deal! …
...you're probably about to be taken for a ride.
All Eyes Are on the Spotify IPO, but Our Better Profit Play Could Climb 28.06%
The Spotify IPO is drawing a lot attention, as investors always want to get in on the next big thing.
However, we found a much better profit play.
Over the next 12 months, the stock price for this tech giant could climb over 28%...
EOS Prices Could Reach $13 per Coin by December 31, 2018
EOS prices could skyrocket 124.13%, according to one crypto analyst.
From today's price of $5.80 per coin, that means EOS could reach $13 by the end of 2018.
Here's everything you need to know...
2 Reasons Why the Dow Jones Industrial Average Is Down Today
The Dow Jones Industrial Average is down today more than 500 points.
Between tariffs and a war between President Donald Trump and Amazon, investors are fleeing the market.
Here's everything you need to know...