Month: December 2020

Online buying and selling have become important parts of many people’s lives. Virtual stores allow people to shop from the comfort of their homes without the pressure of a salesperson. Online marketplaces provide a new and more convenient venue for exchanging virtually all types of goods and services. Both businesses and customers have embraced online
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US stocks finished 2020 with a gain of more than 16 per cent — well above the historical average — after a technology sector-led rally pulled Wall Street back from a brief bear market to set a record high in defiance of pandemic, recession and political upheaval. The Nasdaq Composite, dominated by tech giants such
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Transparency is one of the most intriguing aspects of cryptocurrency and it was this openness that drew many early supporters to Bitcoin (BTC).  Blockchain technology makes all information associated with the network’s operation accessible for anyone interested in taking a look. Every known address, transaction, fee paid and other details relating to multisignature and SegWit
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China has the largest concentration of bitcoin miners worldwide with estimates noting the country captures anywhere between 50-65% of the global hashrate. Xinjiang, the autonomous region of the People’s Republic of China, ostensibly accommodates 35% of the hashrate. This week a regional report from China and statements from the head of operations at Genesis Mining,
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During 2020, our society has been faced with an economic crisis, health crisis, social justice crisis and environmental crisis. The pandemic has rapidly changed how banks engage with customers and employees; accelerating the shift from in-person interactions to digital engagements. Successfully leading a digital transformation requires much more than smart technology choices, culture is key.
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Kitco News has launched its 2021 Outlook, which offers the most comprehensive coverage of precious metals markets in the new year. Trillions of dollars were pumped into financial markets in 2020 and that won’t come without consequences. Economists expect that investors will be Bracing For Inflation in 2021. (Kitco News) – 2020 has been an
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by Charles Hugh-Smith When the top 10%’s bubble pops in 2021, the loss of illusions/delusions of security and wealth will be shattering to all those who believed artifice and illusory “wealth” were real. A great many people are living in bubbles that are about to pop. The largest bubble is the one inhabited by people who
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Canada derives much of its wealth from its plentiful natural resources and, as a result, has some of the largest mining companies in the world. Investors seeking exposure to the Canadian mining sector may want to consider some of the options. The following is a rundown of the five largest Canadian mining companies by market
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Another 787,000 Americans applied for unemployment benefits last week, down 19,000 from the week before and the lowest figure since November. The data represented the second consecutive drop in the number of initial jobless claims, but the rate remains historically elevated and some economists warned that the true number of Americans put out of work
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The pound hit its highest level of the year against the dollar on the final day of 2020, as traders took heart from the UK parliament’s approval of Britain’s post-Brexit trade deal — a key formality in avoiding a more disruptive break from the EU’s single market. Sterling, which has been rallying since March’s market
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Bitcoin (BTC) HODLer volume has marked previous tops and the start of bull cycles. As the dominant cryptocurrency heads towards $30,000, HODLer activity could be a useful tool to potentially gauge BTC’s next peak. Since October, as Cointelegraph reported, the HODLing activity of Bitcoin has continuously increased. Fewer HODLers have been moving their holdings, which
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For real estate, as for many things, 2020 was a strange year. Despite a pandemic, a recession and unemployment that at one time hit 20 million, 6 million homes were sold and the average home price was up 5 percent. There were record low mortgage rates of course, but there’s also the fact is that
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The CTO at Bitfinex Paolo Ardoino has pushed back against rumours that the company’s Tether stablecoin may be the next target of the U.S. Securities and Exchange Commission (SEC). The Bitfinex executive insists that the Tether stablecoin, whose market capitalization has now surpassed $20 billion, is a properly registered and regulated crypto. The Alleged Misinformation
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Parallel to discussions over COVID-19 federal rescue aid to New York City has been what the city can do for itself, both short- and long-term. Mayor Bill de Blasio’s administration has spent its $1.4 billion allotment under the federal CARES Act passed in March. And while neither the state nor the city receive direct aid
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