Bitcoin’s hashrate has been climbing steadily over the last three months and rose more than 40% after the network’s hashpower was below 90 exahash per second (EH/s) on July 5. The trend has led to a consecutive run of five bitcoin mining difficulty accruals with another increase expected during the next transition. Hashrate Steadily Increases,
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With so many ways to pursue a higher education or increased expertise in a trade, craft, or industry, more and more parents are asking what the best way is to save for future education costs. My answer is often a combination of things. If I were forced to narrow it down, my two favorite ways
Amid a severe drought and limitations on the use of water from the Colorado River, municipal bonds are helping to fuel rapid growth in southern Utah. One of the most significant developments in the St. George area will be financed with $106 million of limited tax general obligation bonds issued this month for the 278-acre
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) - Gold and silver prices are modestly down in early U.S. trading Monday, as the near-term technical postures for both metals continue
Food price inflation, the shortages, and all of that other fun stuff is about to get a whole lot funner… (by Half Dollar) We finally downgraded and renewed our Costco “membership”, and yes, I’m a total idiot for paying a company to shop at its stores which have prices that are all over the board,
South Korean cryptocurrency exchange Upbit will soon halt services for unverified users. On Saturday, the company officially announced a set of changes to its customer verification system in compliance with South Korea’s mandatory Anti-Money Laundering (AML) requirements. According to the announcement, Upbit will start gradually limiting services for unverified users this week, restricting unverified customers from
The percentage of rich people in America has risen substantially over the past several years, and many of these individuals are turning to donor-advised funds (DAFs) to assist with their charitable efforts. At the end of 2020, according to the Credit Suisse Global Wealth Report, 21.9 million individuals with a net worth of $1 million or greater, excluding
North Korea restored its communication lines with South Korea on Monday following a period of intensive missile testing and megaphone diplomacy. South Korea’s unification ministry confirmed on Monday that North Korea had answered a call made at 9am, adding that the resumption of contact “lays the foundation for stabilising the situation on the Korean peninsula
Evergrande suspended its shares from trading in Hong Kong on Monday as the world’s most indebted real estate developer braced for the possible sale of its property management unit. Evergrande Property Services Group also halted trading of its stock, stating in a stock exchange filing that the move was taken ahead of “a possible general
GFL Environmental, Inc. (GFL) revealed that it has acquired the solid waste management and recycling business of Peoria Disposal Company (PDC) and its affiliates for an undisclosed amount. The company also provided an update on its M&A activity year-to-date as the company continues to expand its existing footprint. Shares of the waste management company have
Sharing is Caring! by Michael Snyder Historically, the start of most wars has not been a surprise. Usually, there is a very clear build up before hostilities begin, and we are seeing the same pattern today. For example, by now it should be exceedingly clear to everyone that Israel and Iran will be going to war.
Link Global, a bitcoin mine operator in Canada, is facing a fine of up to $7 million for installing power plants to run its miners without government permission. The company installed several power plants without following legal procedures and alleges that, if the penalty is enforced, it will constitute a fatal blow to its finances.
In this article 3333-HK 6666-HK 754-HK Aerial photo taken on Sept. 17, 2021 shows a housing complex by Chinese property developer Evergrande in Huaian, China’s eastern Jiangsu province. Stringer | AFP | Getty Images Indebted developer Evergrande is set to sell part of its stake in its property services unit, the second asset sale in
Silver bars stored in Singapore. Prices have declined after a recent rally. Wei Leng Tay/Bloomberg After silver’s climb earlier this year to the highest prices since 2013, the metal has significantly underperformed sister metal gold. With silver’s value dropping to its lowest in 14 months, some investors may see an opening to buy. “Silver presents
HSBC Bank claims that their exposure to Evergrande is extremely limited… by Jason Burack of Wall St For Main St HSBC Bank claims that their exposure to Evergrande is extremely limited. FULL SHOW NOTES AND LINKS HERE Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews
Salvadoran president Nayib Bukele has announced that local consumers can enjoy a $0.20 per gallon reduction in petrol prices when paying using the government-backed Bitcoin wallet, Chivo. Describing the news as “positive news for the pockets of Salvadorans,” the president announced the subsidy via Twitter on Sept. 30. According to a rough translation, Bukele stated:
For those who write out checks regularly, the process becomes almost automatic. However, if you haven’t written many checks, it can be confusing. Checks are being superseded by electronic transfers, but they aren’t obsolete yet. Here are the steps needed to know how to fill out a check and explain the numbers preprinted on each one.
A Facebook whistleblower on Sunday accused the company of placing “profit over safety”, as it emerged that she had complained to US securities regulators that it was misleading investors. Speaking on the news programme 60 minutes, Frances Haugen, a former Facebook product manager, unmasked herself as the whistleblower who has leaked a trove of internal
10/4/2021, 1:09:15 AM Whistleblower accuses Facebook of misleading public and investors Hannah Murphy in San Francisco A Facebook whistleblower on Sunday accused the company of placing “profit over safety”, as it emerged that she had complained to US securities regulators that it was misleading investors. Speaking on the news programme 60 minutes, Frances Haugen, a
Financial services company Affirm (AFRM) had a rough day of trading on Tuesday last week. However, it turned that around, at least partially with its premarket performance overnight, and that momentum carried on for a few days. The company rolled out several new features that should prove attractive to current customers. Its embrace of the
Sharing is Caring! by David Haggith In an effort to prove the Fed’s tapering won’t matter, I recently saw one stock advisor claim that, when the Fed tapered its QE from late 2015 into 2016, “the stock market rallied 60% in an almost straight line higher.” Wow! Let’s take a look at that! Here is what
In Toronto, housing prices and homelessness are at all-time highs. Pauline Lierman, vice president of market research at Canadian housing research consulting group Zonda Urban, said that pricing in the market is up more than 10% across the geographic target area. For example, in the City of Toronto, small, 260-square-foot condo units are priced at
The Nasdaq-listed crypto exchange Coinbase has been meeting with members of Congress to discuss the cryptocurrency regulation it plans to propose, according to CEO Brian Armstrong. In addition, the company has met with more than 30 crypto firms, four major law firms, and three trade groups about its crypto proposal. Coinbase Meeting Congress Members and
Any future Federal Reserve programs aimed at backstopping the municipal market need significant changes from the now-defunct Municipal Liquidity Facility, according to several lawmakers and witnesses who participated in two hearings on the subject. Two hearings before the House Financial Services Committee in the last week outlined some of those changes. “Some of my colleagues
Precious metals lost their sheen and closed on a weak note at the end of September. The strengthening of the U.S. dollar, on expectations the U.S. Federal Reserve could soon begin winding down its economic support measures, played a key role in denting sentiment towards precious metals. As a result, Comex gold fell 3.36% to
The unique technical setup in the NASDAQ over the past 30+ days is warning that the markets have lost momentum and… by Chris Vermeulen of The Technical Traders The unique technical setup in the NASDAQ over the past 30+ days is warning that the markets have lost momentum and may attempt to break below the
On Sunday bulls made their intentions clear by briefly pushing Bitcoin (BTC) price above the $49,000 level, a move that prompted many traders on crypto Twitter to call for the top-ranked digital asset to knock down the psychological resistance at $50,000. Data from Cointelegraph Markets Pro and TradingView shows that after trading in a range
We hear it all the time: The middle class is shrinking. Wages seem to have been stagnant for decades and American families are struggling with financial insecurity. However, what exactly is the middle class? Who is in it, and who is not? Is it shrinking? What about you? Which income class do you belong to?
In this article ATVI DELL OTMO Dell CEO Michael Dell speaks during an interview with CNBC on the floor of the New York Stock Exchange, July 2, 2018 Brendan McDermid | Reuters The fourth quarter has just begun, and Wall Street analysts are picking out the companies they believe have potential for the long run.
Algeria has closed its airspace to French military planes supporting the campaign against Islamist insurgents in the Sahel, the latest phase of a worsening row between the North African country and the former colonial power. Algeria spans a large territory between the Mediterranean and the nations of Mali and Niger south of the Sahara. France