Amid all the excitement of crypto’s biggest bull run in history, some assets have been outperforming even the current high-performing market. In particular, Synthetix (SNX) has been on an epic tear, leading the growth of the whole niche. The news of a Coinbase listing in December helped account for some of this. However, at the
Jared Kushner and Ivanka Trump may be saying goodbye to Washington, D.C., next week, but they are landing in an enclave nearly as exclusive. In December, the couple closed on a $32.2 million lot on Indian Creek, a luxury island community in Miami-Dade County, Florida. The village’s population was last tallied at 86 people—several of
Indian police have seized $1.2 million in bitcoin from a hacker who allegedly hacked a government website, online game portals, and cryptocurrency exchanges. He was previously arrested for stealing $1.5 million from an Indian state government. Indian Police Seize Bitcoins From Hacker The Bengaluru Central Crime Branch (CCB) Police have revealed that bitcoins worth Rs
Fitch Ratings said Thursday it upgradedLouisiana’s outstanding state highway improvement revenue bonds to AA from AA-minus and assigned a stable outlook to the bonds. Approximately $224 million of debt is affected. In addition, Fitch assigned the AA rating to the state’s $202.415 million of Series 2021A taxable state highway improvement refunding revenue bonds scheduled for
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) There is fear in the marketplace, with many analysts citing the still raging COVID-19 pandemic, deteriorating U.S. economic conditions, and a
If you don’t discern any of these dynamics in the present, what are you choosing not to see? by Charles Hugh Smith via Of Two Minds If you don’t discern any of these dynamics in the present, what are you choosing not to see? The reason why history rhymes is that humanity is still using Wetware 1.0 and
Capital One has received a $390 million penalty from the Financial Crimes Enforcement Network (FinCEN) for engaging in both “willful and negligent violations of the Bank Secrecy Act (BSA) and its implementing regulations.” Capital One (COF) admitted that it had deliberately failed to implement and maintain an effective Anti-Money Laundering program, with it also not
Key Takeaways EPS was $0.64 vs. the $0.58 analysts expected. Revenue fell short of analyst expectations. Loan loss provisions were lower than the level analysts estimated. The bank’s board of directors approved an increase in share buybacks. What Happened Wells Fargo reported its Q4 FY 2020 financial results, posting a rise in EPS that surpassed
Narendra Modi has kicked off one of the world’s most ambitious inoculation drives in the midst of growing vaccine scepticism over the contentious approval of an indigenously developed jab. The Indian prime minister launched the campaign with an emotional live address on Saturday, saying “the nation has been desperately waiting for this moment” and warned
Mention you’re going to Sikkim and questions of geography and ontology arise: where exactly is it? And what is it? While Sikkim is in India, it’s not of India. It thumbs into Tibet to the north, borders Bhutan to the east and Nepal to the west. Cultures, people and languages have bled into it for centuries:
Clients subject to required minimum distributions from retirement accounts were allowed to skip them last year, but RMDs resume in 2021. So, what strategies are on the table? Going Steady“We recommend using RMDs as a monthly supplement for Social Security,” says Jessica Hovis Smith, president of Longview Financial Advisors in Huntsville, Alabama. Account owners subject
As the team behind Morph.Finance can attest, developing an algorithmic stablecoin project can be every bit as frustrating and thrilling as investing in one. While algorithmic assets have retreated from mid-December marketcap highs, the space has nonetheless continued to attract intrepid investors and developers aiming to position themselves at the forefront of a new financial
Snowbirds typically searching for sun are favoring nearby ski towns. getty Is the beach so last year? Searches of homes in ski towns were up nearly 36% year-over-year in the fourth quarter of 2020, according to a new report from realtor.com. Much of the increased demand is coming from residents of cold-weather Northern states, often
Switzerland’s principal stock exchange has revealed that its crypto trading volume hit a record high of CHF 1.1 billion ($1.23 billion) in 2020. The exchange now offers 34 exchange-traded products, allowing investors “access to 100 different crypto products trading on our platform,” said the exchange’s head of markets. Crypto Trading Volume on Switzerland’s Stock Exchange
The University of Utah is reopening classrooms for the spring 2021 semester.U. of Utah Amid a challenging environment for higher education, the University of Utah is diving into 2021 with $172 million of taxable and tax-exempt bonds. The university is planning to price the new money and refunding debt Jan. 21 through negotiation with book-runner
Catch up and get informed with this week’s content highlights from Charlotte McLeod, our editorial director. It’s been another week of downward momentum for gold, which was trading near US$1,825 per ounce at the time of this writing on Friday (January 15) afternoon. That’s lower than the yellow metal’s 2021 starting point of about US$1,900,
In late November, silver was trading at $22. By January 6th, it reached $27.80, gaining an impressive 26% over just six weeks. Is this silver rally over? by Peter Krauth via Streetwise Reports Silver just dropped about 10% in three trading days, and some are freaking out. I say just relax…and buy the dip. In
Many companies were more than happy to put 2020 behind them, possibly none more so than Boeing (BA). While the A&D giant got off the ropes toward the end of the year, as the 737 MAX finally got recertified for flight, the company still flirts dangerously close to bankruptcy following the coronavirus’ initial impact. But
Pompeo: “Communist China is already within our borders.” twitter.com/SecPompeo/status/1350497517356642306?s=09 JUST IN – Pompeo: “Communist China is already within our borders.”pic.twitter.com/XsG3PScvkf — Disclose.tv 🚨 (@disclosetv) January 16, 2021 Related: It’s been one full year and China still has not allowed a thorough investigation. www.state.gov/fact-sheet-activity-at-the-wuhan-institute-of-virology/ h/t AllForTheGains
Like so many industries, the financial advisor industry faced significant challenges in 2020. From virtual relationship management to working from home, advisors were forced to rethink the way they ran their practices and handled their client meetings. Despite these challenges, industry sentiment remains positive and growth continues to be a key theme. To find out
Fuel prices are displayed at an Exxon Mobil Corp. gas station in Arlington, Virginia, U.S., on Wednesday, April 29, 2020. Andrew Harrer | Bloomberg | Getty Images Company: Exxon Mobil Corp. (XOM) Business: Engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products.
Armin Laschet, prime minister of the German state of North Rhine-Westphalia, has been elected leader of the governing Christian Democratic Union on a promise of continuity with the centrist course of Angela Merkel. Mr Laschet’s victory puts him in pole position to succeed Ms Merkel as chancellor of Europe’s most powerful economy after September elections
Benjamin de Rothschild, chairman of the holding company for the Franco-Swiss private bank and asset manager Edmond de Rothschild, has died of a heart attack at the age of 57, the group announced on Saturday. De Rothschild had already stepped back from the day-to-day running of the financial business he inherited from his father Edmond,
Three days after he was arrested by police officers restoring control in the wake of the U.S. Capitol riot, a veteran financial professional killed himself, according to authorities. Christopher S. Georgia — who had been a registered representative of four wealth managers and a regional investment executive for a trust company over his 25-year career
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bulls buy Bitcoin’s $35,000 support retest as altcoins push higher
When it comes to interior design, 2021 isn’t too different from 2020. Collov Home Design on Unsplash Unlike Chip and Joanna Gaines, the pandemic has been the biggest influence on interior design that no one asked for. At the beginning 2020, designers were touting two-tone kitchens and bold colors as the next big trends. Little
A Russian company is leveraging the Siberian city of Norilsk located above the Arctic Circle in order to mine bitcoins. Bitcluster, the owner of the crypto mining operation, plans to expand the firm’s activities after launching the facility in late 2020. According to the company’s website, the datacenter is getting electricity rates as low as
Mature woman helping elderly mother with paperwork getty If you have bought into the idea that aging in place in the home you’ve maintained for 30+ years is the best answer to the question of where to live as you age, I can only conclude that you have decided it’s payback time for your children.
Los Angeles lawmakers reached a tentative agreement with a union that represents 3,600 city firefighters Thursday to postpone raises for 18 months amid a pandemic-induced budget gap. The COVID-19 crisis has caused the worst economic downturn Los Angeles has ever faced, decimating city revenues and depleting budget reserves, according to a joint release issued by
The Precious yellow metal, Gold, in prices, plummeted to Rs 48,702 per 10 gram on January 15 as participants increased their short position as seen by the open interest. The metal ended with a loss of Rs 116 or 0.24 percent for the week. It has slipped in three out of five trading sessions on