Month: May 2021

The decentralized finance (DeFi) sector faced its first real challenge during last week’s market sell-off that saw more than $1 trillion wiped from the global cryptocurrency market cap as traders feverishly ran for the safety of stablecoins amid tumbling prices.  Despite rapidly declining token prices, the nascent DeFi sector held its own as decentralized exchanges
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Robo-Advisor vs. Financial Advisor: An Overview Financial advisors fall into two categories in the 21st century: “robo” and human advisors. The main difference between the two is the presence. One type of advisor is an often well-paid financial expert, whom you can meet one-on-one. The other is electronic, using algorithmic trading tools, mobile apps, and
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by David Haggith All those economists who went along with the Fed’s inflation-is-temporary-and-going-per-plan narrative are stunned by the data they now see coming in. They shouldn’t be, as it was predicable. However, they will need to get bigger charts to make room for it. Notice where the last ten data points for the increase in inflationary surprises are
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The Biden administration is reportedly looking to increase oversight of the crypto market with the aim to protect investors and prevent illicit transactions. White House officials, lawmakers, and central bankers have had several meetings on cryptocurrency regulation amid recent price swings of crypto assets. Biden Administration Discussing Crypto Regulation The Biden administration, lawmakers, and central
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Cruise ship ports in the U.S. may see some light at the end of the tunnel after more than a year without any departures because of the COVID-19 pandemic. Updated guidance from the Centers for Disease Control and Prevention outlines a path to resuming some U.S. cruises in July, though the evolving situation will continue
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Silver gained traction for the third consecutive session and climbed to one-week tops. The technical set-up favours bullish traders and supports prospects for further gains. Break below the $27.45-35 confluence support needed to negate the positive outlook. Silver edged higher for the third consecutive session on Wednesday and climbed to one-week tops, around the $28.20-25
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People have associated banks with trustworthiness, longevity and stability in the financial world – at least, until recently. With the shake-down of the financial markets and the collapse of many financial institutions, many of us are starting to question if banks are the best way to store, transfer and save our money. Key Takeaways Credit
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The European Commission is set to open a formal probe into Facebook’s alleged anti-competitive practices as it seeks to understand whether the company is undermining rivals in classified advertising. EU officials have already sent questionnaires to Facebook and rivals asking whether the social network is distorting the classified ads business by promoting its Marketplace services for
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Real Estate Investor, Syndicator, Operator, and Author, Matt Picheny is the Founder of Picheny - Your Backstage Guide to Passive Investing. I’ve been investing in real estate for over 15 years, but at the beginning, like most people, I immediately began trying to pay off my mortgage, figuring the quicker I got rid of the debt, the
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Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says digital currency “will come to life even in Nigeria” just a few months after the central bank ordered banks to stop serving the crypto industry. While acknowledging his country’s position as one of the leading crypto markets in the world, Emefiele however insists his organization is
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Today’s column addresses questions about whether a number of years with no income taxed by Social Security will actually lower retirement benefits rates, whether it’s possible to be reimbursed for a gap in different types of benefits and how spousal benefit rates are determined. Larry Kotlikoff is a Professor of Economics at Boston University and
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