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In this article XRP.CM= Follow your favorite stocks CREATE FREE ACCOUNT A visual representation of the digital cryptocurrency, XRP. S3studio | Getty Images The XRP cryptocurrency soared on Wednesday as investors grew hopeful that Ripple, a company closely associated with the token, would win its prolonged legal battle with the U.S. Securities and Exchange Commission. The token was worth around 45 cents at about 8 a.m. ET, according to data from CoinGecko, up over 11% in the last 24 hours. It was earlier trading up as much as 20%. Traders pointed to a supplemental notice submitted by Ripple on Monday which pointed to a ruling in a separate case concerning Binance.US' rescue plan for collapsed crypto lender Voyager Digital. Under the plan, Binance's U.S. unit was to buy all of Voyager's assets, including its native VGX token, in a $1.3 billion deal. The SEC rejected the plan, arguing VGX was akin to a security and calling Binance an unregistered securities exchange, accord...

Damircudic | E+ | Getty Images More than a fifth of investors don't think they pay any fees for their investment accounts, an industry survey has found. Most of them, however, are likely wrong — and that knowledge gap could cost them big money in the long term. To that point, 21% of people said they don't pay fees to invest in non-retirement accounts, according to the Investors in the United States: The Changing Landscape survey conducted by the Financial Industry Regulatory Authority Investor Education Foundation. That share is up from 14% in 2018, the last time FINRA, a self-regulatory organization that regulates member brokerage firms and exchange markets, conducted its national investor poll. An additional 17% of invest ors in the recent poll said they didn't know how much they paid in fees. More from Personal Finance: 5 money moves for financial success in the new year 63% of Americans living paycheck to paycheck Most employers offer a Roth 401(k). Here's who m...

Damircudic | E+ | Getty Images More than a fifth of investors don't think they pay any fees for their investment accounts, an industry survey has found. Most of them, however, are likely wrong — and that knowledge gap could cost them big money in the long term. To that point, 21% of people said they don't pay fees to invest in non-retirement accounts, according to the Investors in the United States: The Changing Landscape survey conducted by the Financial Industry Regulatory Authority Investor Education Foundation. That share is up from 14% in 2018, the last time FINRA, a self-regulatory organization that regulates member brokerage firms and exchange markets, conducted its national investor poll. An additional 17% of invest ors in the recent poll said they didn't know how much they paid in fees. More from Personal Finance: 5 money moves for financial success in the new year 63% of Americans living paycheck to paycheck Most employers offer a Roth 401(k). Here's who m...

Santa Claus looks on at the 98th Annual Christmas Tree lighting ceremony at the New York Stock Exchange on Dec. 1, 2021 in New York. Bryan R. Smith | Afp | Getty Images If history is a guide, stock investors may be poised to get a gift over the holidays. U.S. stocks often gallop at year-end, delivering higher returns for investors . The trend , known as the "Santa Claus rally," encompasses the last five trading days of the calendar year and the first two of the new year. related investing news Here's what most investors think will happen with the stock market next year Carmen Reinicke 21 hours ago In the past two decades, the S&P 500 Index — a barometer of U.S. stock performance — has increased by 0.7% a year, on average, over those seven trading days, according to FactSet data. The S&P 500 was positive during those seven days in 15 of the 20 years — or, 75% of the time, FactSet found. The trend holds when looking further back, too. During that particular seven...

Westend61 The fear of loss is a powerful emotion for investors — and, if left unchecked, can cost them big bucks in the long term due to years of forfeiture of invest ment gains. That fear is a natural product of human evolution. Our brains are hardwired to detect risks — a useful cognitive tool that helped early humans and their forbears stay alive, if they had to evade predators or determine what foods were safe to eat, for example. related investing news These assets have yields not seen in years — here’s what to know about preferred stocks Michelle Fox 4 hours ago Fast-forward to the modern era, though, and that ancient threat-detection and loss-prevention mechanism can do us a disservice. "We didn't evolve to live in financial markets," said Dan Egan, vice president of behavioral finance and investing at Betterment. "We evolved to deal with 'natural threats.'" watch now VIDEO 1:46 01:46 JPMorgan says 60/40 portfolio has best return environment in...