Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Goldman Sachs butts heads with Bloomberg over Bitcoin One of
Month: May 2020
China’s Tencent Holdings Ltd. (TCEHY), the world’s largest online gaming company, is in talks to invest $200 million in Warner Music Group, according to a Wall Street Journal report. The move comes ahead of the record company’s initial public offering slated for the coming week. Tencent is among a number of other potential institutions that
by Kimble Charting Tech stocks have been the clear leader of the stock market recovery rally, this year and since the lows back in 2007! But within the ranks of leadership, and an important ratio may be sending a caution message to investors. In today’s chart, we look at the ratio of large-cap tech stocks (the
Summer rentals are topping $200,000 Getty A hot rental market defines The Hamptons this summer. Traditionally Memorial Day weekend kicks-off of the oh so busy summer season. Typically, renters are settling in, making dinner reservations while filling their social calendars. Brokers are busy showing prospective buyers multi-million-dollar properties from Amagansett to Southampton. Like everywhere else life
People congregate outside a restaurant in the upper east side during the coronavirus pandemic on May 2, 2020 in New York City. Noam Galai | Getty Images As states gradually reopen, the U.S. economy is showing signs of life after one of the most significant downturns in history. Though many restrictions remain in place across
During the last six days, America has been feeling the wrath of a myriad of protests and riots in nearly every major city across the nation. The U.S. is experiencing an uprising like never before, but some of the protests and demonstrations could be more peaceful. Acts like not voting for the political class, and
Detroit’s newly-revitalized Woodward Ave. A one-mile stretch of Woodward became the first … [+] concrete-paved road in the country in 1909. Getty What do the protests engulfing the country have to do with public pensions? More than you’d think. Here’s some reporting coming out of Detroit, via the Detroit Free Press. “Following a script seemingly
The COVID-19 pandemic will not delay the phaseout of Libor at the end of 2021, participants in a seminar sponsored by the Government Finance Officers Association were told Thursday. The Financial Stability Board issued a statement April 2 affirming that it is sticking with the phaseout plans, which means local and state finance officers need
Investors should become familiar with bond pricing conventions. Bonds do not trade like stocks. The pricing mechanisms that cause changes in the bond market are not nearly as intuitive as seeing a stock or mutual fund rise in value. Bonds are loans; when you purchase a bond, you are making a loan to the issuing
The National Guard was on the streets of more than a dozen US cities and the national capital on Sunday, after the death of George Floyd led to another night of violence that attorney-general William Barr described as involving “domestic terrorism”. The attorney-general said federal law enforcement was working with the FBI’s joint terrorism task
Natural gas pollution at the world’s most prolific oilfield will halve in the coming months, providing an environmental upside to the worst crash in the price of crude in decades. As tumbling demand forces producers to shut in wells across the US, analysts at Rystad Energy estimate the amount of gas flared — where drillers
The energy sector gave back some of their record monthly gains, industrial metals paused while precious metals rose on increased geopolitical concerns, a weaker dollar and lower bond yields. Commodities trading was mixed during the final week of May. A month that turned out to be the come-back month for many markets following the Covid-19
All Americans need to unite in opposition to the misuse of authority that has become rampant in our society… by Paul Craig Roberts via PaulCraigRoberts.org The External Cost of One Minnesota Cop Is Very High Paul Craig Roberts Antifa blacks, an outfit of the Democrat Party, went on a looting and burning rampage in Atlanta.
The future of finance is decentralized. Striving to facilitate that prognosis, decentralized finance — or DeFi — is quickly shaping into an alluring prospect for investors and companies alike. Looking to harness this decentralized ideal, rivals to the Ethereum-centric sector are feeling the fear of missing out and leveraging their own blockchains in order to
Computing giant Hewlett Packard Inc. (HPQ), which focuses on PCs and printers, said it has secured a 364-day revolving credit facility, with aggregate lending commitments of $1 billion. Loans under the senior, unsecured revolving credit facility will be used for general corporate purposes, the company said in a SEC filing. JPMorgan Chase Bank, N.A. will
2/ Then businesses will start falling… Destroying jobs in the process… pic.twitter.com/ROd6RzWqvS — Remi Tetot (@TetotRemi) May 31, 2020 4/ While Auto Loan delinquency is already near all time high… pic.twitter.com/SgDsCGhfcn — Remi Tetot (@TetotRemi) May 31, 2020 Citi warns markets are out of step with grim reality t.co/xt7KMeAz0L — Finance News (@ftfinancenews) May 31,
A Mamaroneck, N.Y. house on Long Island South with 7 bedrooms, 8 baths, on 1.269 acres. The asking … [+] price is $4,995,000 and a contract was signed on 5/11/2020. The house was originally listed in 2018 for $7.495,000 Coldwell Banker Over three days in April, National Football League commissioner Roger Goodell hosted the draft
Gary John Norman | Getty Images At the private retirement community where 90-year-old Lee lives in Charlottesville, Virginia, the last scheduled social event was a Valentine’s Day dance in February. A few weeks later, as the coronavirus pandemic took hold in the U.S., the Centers for Disease Control and Prevention advised anyone 60 or older
In mid-May, news.Bitcoin.com reported on one of our mining pool videos being censored and banned from the video-sharing platform Youtube. The report had shown how Youtube has been censoring videos for a long time now, and the CEO specifically told the public certain coronavirus films would be removed. Youtube’s censorship has caused a number of
By Randi Mazzella, Next Avenue Contributor Getty Since the Covid-19 pandemic began and we have been sheltering in place, many people are spending a lot of time worrying about getting groceries and preparing meals for their families. However, for many individuals across the country, the worries exist like never before as many are now facing
Federal Reserve Chairman Jerome Powell defended aggressive action to shield the economy as the coronavirus pandemic took hold and said the central bank was “days” away from launching its Main Street Lending Program. “We crossed a lot of red lines that had not been crossed before,” Powell said Friday during an online event hosted by
Key Takeaways Noncurrent assets describe a company’s long-term investments/assets that have useful lives of at least one year. Noncurrent assets traditionally include real estate properties, manufacturing plants, equipment, and other tangible or fixed physical items that are highly illiquid because they can’t be expeditiously sold for cash. In some cases, noncurrent assets also include intangible
Argentina is inching closer to a deal with bondholders after defaulting on its sovereign debt for a ninth time just over a week ago, with another government deadline approaching on Tuesday. The country has been locked in a stand-off with creditors for months as it attempts to restructure $65bn of foreign debt. An initial proposal put
Dominic Raab has said that England “can’t just stay in lockdown forever”, as he justified the government’s decision to further ease restrictions on Monday. The government is moving from level four to level three of its Covid alert system, despite warnings from some members of its own scientific advisory committee. “The reason we are taking
Legg Mason is starting a value-focused ETF that will conceal its holdings. The ClearBridge Focus Value ETF begins trading on the Chicago Board Options Exchange on Thursday under the ticker CFCV. The equity product will be actively managed and disclose its holdings just once a quarter, instead of doing that daily like most ETFs. So-called
Disliked Shouldn’t commodity price come down ? Especially Silver ? What intrigues me is that Silver is peaking in price , Silver is an industrial commodity and not currency like gold , in current slow down in industrial activity should be crashing down the Silver price , but rather it’s peaking up faster than gold
If not in now, here are the buy signals… submitted by Morris Hubbartt Super Force Signals A Leading Market Timing Service We Take Every Trade Ourselves! Email: [email protected] [email protected] Morris Hubbartt May 29, 2020 Here are today’s videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the
The Swiss Financial Market Supervisory Authority, or FINMA, has authorized InCore bank to carry out digital assets transactions, allowing customers worldwide to access and transact within the bank. The official announcement represents an important step in creating a blockchain-friendly environment across the EU banking sector. InCore bank becomes the first Swiss business-to-business bank approved to
The S&P 500 has broken above 3,000, marking a milestone in the current bull rally. There’s a deepening feeling that equities by be a leading indicator, showing that the economy will turn around in 2H20. That’s the blue-sky scenario, and it may happen. We live in an uncertain world, however, and even the most upbeat
The Wall Street Bull (The Charging Bull) is seen during Covid-19 pandemic in New York, on May 26, 2020. Tayfun Coskun | Anadolu Agency via Getty Images The stock market closed above a key milestone and looks set to keep moving higher for now. The S&P 500 broke above its 200-day moving average for a
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