12 years ago, Bitcoin’s inventor Satoshi Nakamoto launched the network after revealing the cryptocurrency concept via the white paper a few months prior. At approximately 18:15:05 UTC, the network launched its first block and since then, over 664,000 bitcoin blocks have been mined. Moreover, on the 12th anniversary of the network coming to life, a
Month: January 2021
By Peter Hobson (Reuters) – After a spectacular year, precious metals are set for further gains in 2021, with silver tipped to outperform, but analysts are growing more cautious about the prospects for gold as the global economy recovers from the impact of the coronavirus. The pandemic triggered stockpiling by investors looking to protect their
Get ready for a tsunami of liquidity to hit the financial system… by Graham Summers of Gains, Pains, & Capital Get ready for a tsunami of liquidity to hit the financial system. President Trump has already signed a COVID-19 stimulus bill that will give $600 to most Americans. The House of Representatives has since passed
The COVID-19 vaccine developed by AstraZeneca and Oxford University has been approved by the Indian drug regulator for emergency use, Reuters reported. India has the second-highest number of COVID-19 cases after the US. The AstraZeneca (AZN)/Oxford COVID-19 vaccine is being made locally in India by the Serum Institute of India (SII) and is branded COVISHIELD.
by David Stockman via International Man Janet Yellen is back. Naturally, the follies of Keynesian central banking come to mind. In many ways, Yellen’s tenure as Fed chairman was far worse than Ben Bernanke’s. At least Bernanke’s money-printing madness was undergirded by his credentials as a misguided scholar of the Great Depression and the mistaken conclusion
What Is Insider Trading? An insider is a person who possesses either access to valuable non-public information about a corporation or ownership of stock equaling more than 10% of a firm’s equity. This makes a company’s directors and high-level executives insiders. Top 3 Most Scandalous Insider Trading Debacles Key Takeaways An insider is someone with either access to valuable
Juan Guaidó rose to his feet in the gallery of Washington’s Capitol building and waved stiffly to acknowledge cheers and applause from members of Congress as President Donald Trump’s words rang in their ears. “Here this evening is a very brave man who carries with him the hopes, dreams, and aspirations of all Venezuelans . . . the true
No more cakes and ale. January is often a month for cutting calories and booze. But going on the wagon involves less self-denial than it used to. A wave of innovation is expanding choice beyond dreary fizzy drinks and juices. The nolo — no and low alcohol — sector was growing at an annual rate
A new bill filed on Thursday, H.R.9067, seeks to create an office that will “coordinate” federal applications of blockchain technology. Sponsored by Rep. Darren Soto, a Democrat representing Florida’s 9th district, the bill would “establish an office within the Department of Commerce to coordinate all non-defense related deployment and activities related to blockchain technology within
Digital currency markets have seen decent gains this weekend as bitcoin touched another all-time high (ATH) on Saturday afternoon. Meanwhile, a number of other crypto assets have seen significant price rises as well, as the entire market capitalization of all 7,500+ digital currencies in existence is hovering above the $800 billion mark. The $800 Billion
As the New Year approaches, the Federal Open Market Committee will do its annual shuffling and rotating of voting members. It also brings Christopher Waller, executive vice president of the Federal Reserve Bank of St. Louis, as Fed governor who analysts believe will create a more “centered” FOMC. Each member of the FOMC has different
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. As investors looks past COVID-19 and anticipate
Should it ultimately pan out, this would almost certainly lead to another Trump victory… by Ethan Huff of Natural News (Natural News) Now that they are finished stealing trillions of American tax dollars and sending it as foreign aid to places like Israel and Pakistan – all the while allotting you a measly $600 for
Shares of Intrepid Potash jumped 36.1% on Thursday after the fertilizer manufacturer reported a significant rise in prices for potash and its Trio specialty fertilizer in the agricultural markets. Intrepid (IPI) said that after a $20 per ton increase in December, the Trio price rose by $60 per ton in agricultural markets, up 27% above the 2020 summer
BY JOHN RUBINO Commentary on America’s overvalued stock market can be found pretty much everywhere these days. These arguments are compelling, and are becoming more so as stocks keep rising. The latest clue that we’re in yet another bubble is margin debt, which is money that investors borrow against their existing stocks to buy even more. A spike
Appreciative inquiry (AI) is an approach to organizational management that emphasizes working from strengths to find new directions for growth rather than focusing on weaknesses or issues to be solved. If this sounds a bit off the beaten path, it is only a matter of being unfamiliar with the name—elements of appreciative inquiry can be
The stock market bulls who drove Tesla’s shares up eightfold in 2020 were handed a new year present on Saturday, as the electric carmaker reported record deliveries of new vehicles that comfortably beat Wall Street expectations. Tesla said it had delivered 180,570 vehicles during the fourth quarter, ahead of the 174,000 analysts had expected. It
At least a dozen Republican senators will object to the certification of Electoral College votes next week as part of a last-minute attempt to overturn the results of November’s election before Joe Biden is sworn in as the 46th US president on January 20. On Saturday, seven Republican senators, including Ted Cruz of Texas, Ron
A recent tweet from Dash’s official Twitter account has invited criticism that the cryptocurrency, which once advertised its privacy features, is wilting in the face of possible regulatory scrutiny. On Jan. 1, the US-based Bittrex exchange announced in a tweet that it would be delisting Monero, Zcash, and Dash: #Bittrex Customers: The $XMR, $ZEC, and
Just some of the trends we will see this year. Elizabeth Shrier/Society Social X Ariel Okin 2020 was an important year for design because we all spent so much time at home due to the pandemic. The importance of our living spaces increased exponentially as our homes became our offices, classrooms, and gyms. The result
While bitcoin has crossed a new all-time price high in 2021, traders are leery toward shorting the crypto asset. Data from Bitfinex shows the number of short contracts has been extremely low in comparison to the total number of shorts in mid-March 2020. On Saturday, January 2, 2021, when the price of bitcoin surpassed $33k,
The IRS recently announced its fiscal 2021 priorities for tax compliance and enforcement involving municipal bonds will be released in quarterly updates.Bloomberg News The COVID-19 pandemic is expected to dominate any regulatory and enforcement actions taken by the Internal Revenue Service in 2021 involving the public finance sector. The pandemic is superseding other issues, such
Gold and silver’s rallies could continue into the new year. The two precious metals closed out their best years since 2010 on Thursday following a year of unprecedented volatility brought on by the Covid-19 pandemic. Barring some minor hurdles, the new year could bring new records for the commodities, Matt Maley, chief market strategist at
This entire scam is the biggest hoax ever perpetrated on the American public, and people are STILL falling for it! As long as the… Once again, authoritarian Dr. Anthony Fauci, who wants the slaves to obey his commands and edicts to their own detriment, has said that with regards to the hoax scamdemic, “the worst
Enphase Energy is set to join the S&P 500 index on Jan. 7. The inclusion will place the solar energy stock among the most valuable companies on the benchmark index. Enphase closed 1.5% higher on Thursday. Enphase Energy (ENPH), which currently trades on the S&P MidCap 400, will replace Tiffany & Co. in the S&P 500.
Via Birch Gold You’re standing in the back yard, filling up a wading pool for the kids with a garden hose. If you turn the hose off, the pool stops filling. Allow enough time, and the sun evaporates the water. Over the course of the summer, the water slowly dries up, leaving you with an
OPEC stands for the Organization of the Petroleum Exporting Countries. As the name suggests, OPEC is made up of 13 of the world’s largest oil-exporting countries that work together to coordinate international oil prices and policies. Formed in 1960, OPEC has invested billions of dollars in drilling platforms, pipelines, storage terminals, and shipping. Oil is
Two of the three biggest Covid-19 vaccine manufacturers, Moderna and BioNTech/Pfizer, are racing to sign up partners to secure their supply chains, according to people with knowledge of the discussions, as health systems around the world struggle to bring immunisation programmes up to speed. The companies have had their vaccines approved for use in either
The UK has drawn up plans that would allow patients to be given different coronavirus vaccines for the first and second doses under certain circumstances, a move that highlights a widening rift in public health policy between the UK and rest of the West. The government’s Green Book for vaccinations says “every effort” should be
Bitcoin (BTC) passing $30,000 and hitting highs of near $31,000 has caused huge pain for traders betting on a bearish pullback. Cryptocurrency market overview. Source: Coin360 Data from Cointelegraph Markets, Cryptometer and TradingView confirmed that as BTC/USD peaked at $30,960 on Jan. 2, it liquidated $100 million of shorts. BTC shorters feel the burn… again