It is not known if Satoshi Nakamoto created Bitcoin (BTC) alone, if they had help from others, or whether they themself are just a pseudonym for a developer collective. However, after the launch of Bitcoin on Jan. 9, 2009, Nakamoto worked to improve the software by receiving feedback and opinions from several collaborators. Among them
Month: March 2021
Rising high on the Sydney skyline is a trophy home like no other. The mansion-sized penthouse, perched atop a triangular-shaped glittering bank tower, is one of the crowning jewels of the city’s residential high-rise market. It’s private, secure and unexpected. At some 600 feet up from the pavement, the Boyd Residence can be reached only
Bitcoin prices surpassing the $60,000 milestone undoubtedly woke up a massive wave of joy across the crypto community. However, such an accomplishment didn’t bring happiness to a married couple, who split up after a dispute on whether to sell bitcoins at that price level or not. Wife Left the House to Stay With Her Sisters
A man charged with operating as an unregistered investment adviser was arrested earlier this week along with six others on wire fraud charges related to an alleged scheme to defraud a city in Puerto Rico. A federal grand jury in the District of Puerto Rico indicted Eugenio García-Jiménez and six others with 33 counts of
[embedded content] (Kitco News) Is bitcoin really hurting gold? This question is on everyone’s mind as bitcoin is up 85% and gold is down 10% since the start of the year. And this debate is not dying out anytime soon, at least according to our top three stories from this week. Fed Chair Jerome Powell
Most people under 50 have never lived under a monetary system based on gold or silver. Most under 50 know a lot more about cell phones, tablets, and… by Larry White of the Gold & Silver Education Center The general consensus I have seen following the gold and silver markets is that historically these markets
U.S. stocks closed with a flourish on Friday, sending the S&P 500 to a fractional gain for the week. Real Estate names led the way higher, while the Communication Services sector lagged. On a weekly basis, the U.S. 10-year Treasury yield declined for the first time in over two months. It was reported on Friday
by visualcapitalist When we think about the richest people in America, individual names often come to mind like Elon Musk, Jeff Bezos, and Bill Gates. But often, it’s the the richest families in America that hold a deeper legacy, and sometimes, even deeper pockets. The country’s 50 richest families hold a collective wealth of $1.2 trillion. This ranking goes
Broadly speaking, an economy is an interrelated system of human labor, exchange, and consumption. An economy forms naturally from aggregated human action – a spontaneous order, much like language. Individuals trade with each other to improve their standards of living. Improved standards of living are made possible when labor is more productive. Productivity is driven
In this article EHTH MGLN Terry Vine | DigitalVision | Getty Images Company: eHealth Inc. (EHTH) Business: eHealth is a health insurance marketplace with a technology and service platform that provides consumer engagement, education and health insurance enrollment solutions. Their mission is to connect every person with the highest quality, most affordable health insurance and
President Andrés Manuel López Obrador has stepped up his onslaught on Mexico’s energy reform, sending a bill to Congress to allow the government to suspend permits granted to private companies in the hydrocarbons sector and give state oil company Pemex more control. Fuel and oil imports and exports, storage and distribution permits could be suspended
Chinese manufacturers are seeking to bypass shipping delays by exporting their goods over land, with a wave of demand in Europe stoking a sharp rise in transcontinental rail freight. The country’s rapid recovery from the pandemic has helped it dominate global trade over the second half of 2020, with lockdowns sharpening foreign appetite for its
With broad swaths of the U.S. economy locked down for more than a year, those with good-paying jobs have had fewer opportunities to spend. The result is the highest saving rate on record and an estimated $1.7 trillion stockpile of pandemic savings. It’s widely assumed — and even encouraged — that consumers will spend a
One of the toughest puzzles in crypto is figuring out what to take seriously. On Friday, the DeFi Alliance — a decentralized finance startup incubator and accelerator — announced a list of 11 new members. Some were predictable, such as oracle provider Chainlink and VC stalwart Blockchain Capital, but one name stood out in particular:
Anna Lowder and her husband Harvi Sahota are the Town Founders of Hampstead, and lead the town planning, design, construction, marketing, and placemaking of the community. With over 15 years of New Urbanist development experience, Hampstead is the culmination of their effort in “Building Community Through Design.”. Can you describe the project briefly? Hampstead is
Oaktree Capital’s Howard Marks has warmed up to bitcoin. He admitted that he had a knee-jerk reaction to the cryptocurrency and dismissed it too soon. Since then, the price of bitcoin has risen tenfold as demand for the cryptocurrency soars among retail and institutional investors. Howard Marks Changes Stance on Bitcoin Howard Marks, co-founder and
Senator Bernie Sanders released his proposed estate and gift tax reform legislation on Thursday, March 25, to the displeasure of a great many American families and their advisors. Senators Kirsten Gillibrand, Jack Reed and Chris Van Hollen reportedly co-sponsored this plan, and Representative Jimmy Gomez will reportedly introduce a version of the bill in the
A California business lobbying group says the prohibition of state tax cuts in the federal stimulus bill has stalled tax credits, fee waivers and other critical economic stimulus and anti-poverty programs. The California Business Roundtable, an umbrella organization for the state’s business groups, has written to the U.S. Treasury Department asking for clarity on language
– By GF Value The stock of Fortuna Silver Mines (NYSE:FSM, 30-year Financials) is believed to be significantly overvalued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus’ estimate of the fair value at which the stock should be traded. It is calculated based on the historical multiples that the stock has traded at, the
Gold and silver are the ultimate anti-debt and anti-fiat assets, and we are nearing another more powerful leg-up in the precious metals… Francis Hunt on Palisades Gold Radio To subscribe to our newsletter and get notified of new shows, please visit http://palisadesradio.ca Tom welcomes a fascinating new guest to the show, Francis Hunt “The Market
Nokia (NOK) was one of the names caught up in the retail-driven January short squeeze mania. However, like most short squeezes, the boom was short-lived and the stock came tumbling back down to pre-squeeze levels. Yet, Northland analyst Tim Savageaux points out that a lot else has changed at the company, which deserve investor attention. At its
From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Why investors need to be in precious metals, gold’s true breakout is coming, and the price-positive implications of gold and silver’s supply side. Billionaire investor says you should stock up on all
It can happen to anyone sooner or later. The old clunker gasps its last smoky gasp at the side of the road, and you’re left to face a costly reality: You need new wheels. A shiny new car would be appealing, but your know-it-all friend says buying used is the smarter choice in the long
In this article BA NOC SPCE RTX GNPK SpaceX’s Crew Dragon Endeavour seen docked with the International Space Station on July 1, 2020. NASA The National Aeronautics and Space Administration last year marked two decades of astronauts continuously onboard the International Space Station. But, as the floating research laboratory ages, the space agency is turning
China has placed sanctions on US and Canadian citizens in retaliation for the decision this week by the US, EU, UK and Canada to take punitive action over Beijing’s repression of Uyghurs in Xinjiang. The Chinese foreign ministry said it had imposed sanctions on Gayle Manchin, chair of the US Commission on International Religious Freedom,
Wall Street traders are hunting for the source of distressed stock sales on Friday that helped cause a sell-off in which $33bn was knocked off the value of Chinese technology companies and US media groups like ViacomCBS. The share sales, which amounted to almost $19bn, have proven a mystery, with rumours spreading rapidly that a
Asking questions about the facts behind a recommendation can help sort out an advisor’s biases and conflicts of interest, a new study suggests. The findings of the experimental study, released March 19 in The Accounting Review, are relevant to financial advisors, both as they advise clients and as they themselves receive advice from fund or
Decentralized finance has exploded in popularity over the past year and many analysts have pointed to the 2020 ‘summer of DeFi’ as the primary catalyst for the rallies seen in Ether (ETH) and Bitcoin (BTC). In the beginning, investors were able to easily secure 4-digit annual percentage yield (APY) on an almost endless number of attractively
Piquet Realty Founder and President. Skydiver, Ironman Triathlete, JiuJitsu Fighter and Race Car Driver on the weekends. The frigid temperatures in the Northeast are no longer the only driving factor in why entrepreneurs, businesses and snowbirds are eyeing South Florida as a private paradise. Partial lockdowns and restrictions across the U.S. have inspired many to turn
On Friday, the publicly listed firm Hut 8 announced the purchase of $30 million worth of Nvidia’s dedicated crypto mining GPUs called the Cryptocurrency Mining Processor (CMP). Nvidia CMPs mine the crypto asset ethereum and Hut 8 expects its aggregate operational power will be 1,600 gigahash. Hut 8 Purchases $30 Million Worth of Nvidia’s Dedicated
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