In the midst of the crippling price dips earlier this week, cryptocurrency traders seemed beset on all sides by fear, uncertainty, and doubt. However, Dermot McGrath, head of research at blockchain investment firm Sino Global Capital, said the firm prefers taking a long term view. Shortly after a Thanksgiving Bitcoin dip to $16,200, news broke
Month: November 2020
Former Xbox executive Elan Lee, right, co-created the Kickstarter phenomenon Exploding Kittens with … [+] The Oatmeal’s Matthew Inman and Shane Small. getty Video and tabletop game designer Elan Lee is looking to roll the dice in Los Angeles, where his home in the historic Los Feliz neighborhood is on the market for $4.995 million.
End of Western Union Remittance Service to Cuba a Boon for Crypto As new U.S. government measures that impose restrictions on remittances to Cuba becomes effective after November 22, Western Union, which has been operating in the island nation since 1999, will close shop. The new rule, which was published on October … read more.
Economic Security Planning, Inc. Today’s column addresses questions about when you can submit your application to begin benefits, Social Security’s earnings test, working part time while receiving disability benefits and what happens to money paid in Social Security taxes but not collected. Larry Kotlikoff is a Professor of Economics at Boston University and the founder
Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! [embedded content] (Kitco News) Why is gold down more than $250 from its summer record highs, and does it have more to lose? This week’s
Questioning whether the United States is a democracy is effectively forbidden in all major, and most minor, media in the US… by Eric Zuesse A Wikileaked U.S. diplomatic cable from the Embassy in Venezuela in 2006 includes allegations which suggest that any system of electoral vote-counting which relies upon anything other than recountable and physically
Following the wild ride that was 2020, where does the market go from here? Major strides have been made in the COVID-19 vaccine race, yet the near-term picture remains unclear, blurred by the virus’ resurgence and the stimulus stalemate on Capitol Hill. In times like these, the investing greats can serve as a source of
Hong Kong vs. Mainland China: An Overview “The Hong Kong Special Administrative Region is an inalienable part of the People’s Republic of China.” – Article 1, Basic Law “The National People’s Congress authorizes the Hong Kong Special Administrative Region to exercise a high degree of autonomy and enjoy executive, legislative and independent judicial power, including that
Frank Calderoni, CEO of Anaplan. Adam Jeffery | CNBC In the final leg of 2020, stocks have delivered a record-breaking rally. The Dow Jones Industrial Average recently closed above 30,000 for the first time, with the other major U.S. stock indexes hovering close to record highs. Encouraging updates on the advancement of a coronavirus vaccine
Pressure is growing on President Emmanuel Macron’s government to abandon a provision in a draft bill curtailing the ability to publish photos or video of police, after big protests across France on Saturday. Demonstrators came out en masse in cities from Paris to Lyon, despite a month-old Covid-19 lockdown, in opposition to the government’s “general
The Scottish National party is to discuss “alternative routes” to a second referendum on independence, as tensions rise among members about what to do if Boris Johnson’s government refuses to approve such a vote. Delegates to the SNP virtual annual conference on Sunday overwhelming backed a motion welcoming plans for a “national assembly” in January,
It’s been another bumper week for Bitcoin, another reason for hodlers to feel grateful. The dollar value remains over $17,000 having reached a three-year high when it topped $19,000 for only the second time. People are starting to notice. The Wall Street Journal talked about Bitcoin’s rise on its front page. Google searches for Bitcoin
Former basketball star Dwyane Wade and his wife, actress Gabrielle Union, are seeking $6.2 million … [+] for the 8,500-square-foot home in Sherman Oaks, Calif. Hilton & Hyland It takes big shoes to fill those of former NBA star Dwyane Wade and even bigger ones to fill his custom home in the San Fernando Valley.
Digital asset markets have recaptured some of the losses taken three days ago, as a great majority of the crypto economy has started to rebound after the market rout. Bitcoin has climbed above the $18k handle once again and a myriad of crypto assets are up between 1-6% during the last 24 hours. After dropping
Share Now: KATHMANDU, NOVEMBER 28 Gold and silver prices took a beating in the trading week between November 22 and 27, weighed down by resilient economic data, positive vaccine results and the start of the US presidential transition process. According to the rate list of Federation of Nepal Gold and Silver Dealers’ Association (FeNeGoSiDA), gold
Democrats calling for the defunding now expect police to arrest Aunt Susie for dropping her mask for a few seconds in Costco in order to breathe… by Ethan Huff of Natural News (Natural News) For months, leftists all across America have been demanding that police departments be defunded in order to stop abusive behavior by
FibroGen and its partner, Astellas Pharma, announced on November 27 that Japan’s Ministry of Health, Labour and Welfare (MHLW) approved EVRENZO (roxadustat) for the treatment of anemia of chronic kidney disease (CKD) in adult patients who aren’t on dialysis. This is the second roxadustat approval in Japan through the collaboration, after the therapy was approved
PayPal has been around since 1998 when it emerged as a safe and secure way to pay for purchases on eBay. If PayPal wasn’t as safe or safer to use than a credit card, cash, or a check, it would have been consigned to the rubbish heap of dead websites long ago. In fact, it
Hong Kong’s leader has said she is being forced to receive her salary in cash because of US sanctions, saying she has no access to banking services despite the prevalence of mainland Chinese institutions in the city. Carrie Lam, on whom the US imposed sanctions alongside 14 other Chinese and Hong Kong officials over Beijing’s
Friday’s closely watched non-farm payrolls report will provide a glimpse of how much damage the second wave of coronavirus infections is inflicting on the US workforce. A consensus forecast from economists polled by Reuters points to US employers adding 500,000 posts in November, compared to 638,000 in the previous month’s report, reflecting a slowing pace of
As the COVID-19 outbreak wreaks havoc on the United States’ economy and abroad, investors grapple with a second economic downturn in just over a decade. While the 2008 financial crisis and the coronavirus pandemic are very different, both events have produced market volatility and allowed for new technologies to emerge. The economic disruption wrought by
PRESS RELEASE. NFT (non-fungible token) had been used in the construction of decentralized gaming platforms, issuing proprietary tokens, anti-copy and copyright related issues. It is expected to be a new trend that will attract the attention of investors because of the profits and practical application of blockchain to life. What is Peafarm? Peafarm is a
getty The IRS recently issued proposed regulations that will reduce required minimum distributions (RMDs) on IRAs, other qualified retirement plans, and annuities. It’s a small help for retirement account owners who don’t need all the money they’re required to take from their plans each year. Most owners of IRAs and other qualified retirement plans who
[embedded content] Gold has broken a critical support level, but there is not much downside left, said Alain Corbani, portfolio manager of Finance SA, who forecasts $2,500 an ounce for gold’s upside target. The metal will be caught between conflicting macroeconomic forces next year: slightly higher negative real interest rates, but a weakening U.S. dollar.
Don’t blame authorities for a sudden, strict, six day lockdown that affected 1.7 million people. Blame this guy… by Simon Black of Sovereign Man Are you ready for this week’s absurdity? Here’s our roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on
Expectations of good news on the near horizon are buoying markets right now. Over the past month, both the S&P 500 and the NASDAQ are up 11% to new record highs. Investors are excited at the prospect of a COVID vaccine coming before the winter is out. And the electoral results, that Democrat Joe Biden
by Martin Armstrong Global debt is exploding thanks to the deliberate COVID-19 manufactured crisis. It is approaching $280 trillion going into year-end. We should no longer call it even debt because at this point, they are just creating the money and the central banks are buying it. Moreover, there is ABSOLUTELY no intention whatsoever to pay back
The living and death benefit riders available in most variable annuity contracts can provide many types of protection for contract owners and beneficiaries. Living and death benefit riders are optional add-ons to an annuity contract. The guarantees they offer come at a cost that you should weigh carefully to decide if they’re justified. Not all
Ethiopia’s military took control of the capital of the rebel region of Tigray on Saturday, ending the “final phase” of a month-long armed conflict, prime minister Abiy Ahmed said. Since November 3, the national government has been engaged in a military offensive against the northern region, which is led by the Tigray People’s Liberation Front, or TPLF. Mr
About half the usual number of shoppers visited US retailers on Black Friday — what should be one of their busiest days of the year — deepening the crisis at bricks and mortar chains already ravaged by the pandemic. The figures, which show the decline in foot traffic accelerated from previous weeks, lay bare the scale of
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