![]() The bank holds Ripple Labs Inc., Cobalt, Dianrong, Metaco SA and LinkLogis Inc. Blockdata estimates Standard Chartered has made a total of $380 million in blockchain investments, more than any other major bank. ![]() Standard Chartered is one of the largest British multinational banks and financial services companies, managing about $789 billion in assets. Here are seven bank stocks that are aggressively investing in cryptocurrencies and crypto technology. In fact, 55 of the 100 largest banks in the world by assets under management have already invested in crypto - either directly or by backing blockchain-oriented companies. A new report from Blockdata found that major banks aren't ignoring the cryptocurrency threat any longer. ![]() Crypto bulls believe the decentralized nature of blockchain technology will allow cryptocurrencies to completely disrupt traditional financial institutions and banks over time. The above module can also be used to download company data at once like yfinance and cryptocurrency data can also be downloaded as shown in the following code.Bank stocks making big cryptocurrency investments.īitcoin prices are back above $45,000, and cryptocurrencies have been one of the hottest investments in the market since the beginning of 2020. Get_historical_price_data() – This is a method similar to the download() or Ticker() function to get the prices of stock with start_date, end_date and interval ranges. Get_financial_stmts() – This is another useful method to retrieve financial statements of a company which is useful for the analysis of a stock Get_stock_earnings_data() – THis method returns the information on the quarterly and yearly earnings of the company along with the next date when the company will report its earnings. Get_summary_data() – This method returns a summary of the whole company along with useful data like the beta value, price to book value, and more. Get_stock_quote_type_data() – This method returns a lot of generic information about a stock which is similar to the yfinance info() function. Now we move onto some of the important functions of yahoofinancials. We will begin by downloading the stock price of ‘Apple’ Code :Ĭoming down on a technical level, the process of obtaining a historical stock price is a bit longer than the case of yfinance but that is mostly due to the huge volume of data. Without any further delay, let us execute the following code. It has many potential uses and many people use it to download stock prices and also crypto prices. The module ‘yfinance’ is now a very popular library that is very python friendly and can be used as a patch to pandas_datareader or a standalone library in itself. It was previously known as ‘fix_yahoo_finance’ but later it transformed into a module of its own but it is not an official one by Yahoo. !pip install yahoofinancials First Method: How to use yfinance ![]() If you do not have these libraries, you can install them via pip. We need to load the following libraries: import pandas as pdįrom yahoofinancials import YahooFinancials We will discuss that later and now we will begin by importing the required modules into our code. The other module we will talk about is yahoofinancials which requires extra effort but gives back a whole lot of extra information in return. In the first approach, we will consider the finance module in python and it is a very easy module to work with.
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