“I will take credit a little bit for the recent surge,” Agrawal, one of Crypto Twitter’s most visible personalities, told CoinDesk in a call. “I think it triggered to the rest of Crypto Twitter that, like, ‘Alright, we’re doing something now. We’re doing a thing. We’re all buying these cubes.’”
New York’s Hudson Yards development on Manhattan’s West Side was able to cover its debt service obligations despite the effects of the COVID-19 pandemic on office occupancy, retail demand and tourism. As a result, the city-controlled Hudson Yards Infrastructure Corp. will ride upgrades from Moody’s Investors Service and Fitch Ratings into Wednesday’s negotiated $452 million
Silver prices reversed lower but held key support as copper prices rallied, helping to buoy silver. Silver is also used in electrical conduction and industrial capacities but is more expensive than copper. Gold prices tumbled, creating a dark cloud for the precious metals complex. U.S. yields surged higher, which seemed to put upward pressure on
There is clearly chaos in the economy, and hardly a day goes by when… by Mark Thornton via Mises The Federal Reserve has been increasing the money supply at an explosive rate. The federal budget, deficits, and the trade deficit are record levels. Governments, both foreign and domestic, have locked down people, restricting production and consumption. How should
On Oct. 15, news that a Bitcoin (BTC) exchange-traded fund (ETF) could start trading as early as next week sent Bitcoin price to $62,933 but the rally has cooled off since then. Some market participants believe that traders who bought the rumor of approval for a Bitcoin ETF product may sell on the news. Crypto
Socialism is a loaded word in the United States—a country where capitalism is the prevailing economic system and is the basis for the system of government. One situation in which the word tends to come up is when Americans look at government programs, especially Social Security. To understand what the debate is about, let’s first review
Venezuela’s government has suspended internationally sponsored negotiations with the opposition and revoked the house arrest of six American prisoners after the US extradited a close ally of president Nicolás Maduro to face money laundering charges. Venezuela’s chief negotiator Jorge Rodríguez said in a televised statement that his side would not attend the next round of
China tested a nuclear-capable hypersonic missile in August that circled the globe before speeding towards its target, demonstrating an advanced space capability that caught US intelligence by surprise. Five people familiar with the test said China’s military launched a rocket that carried a hypersonic glide vehicle which flew through low-orbit space before cruising down towards
When Cortney Kotzian walked into TD Ameritrade in Omaha, Nebraska, to discuss moving into a new role, she felt excited about a fresh opportunity. Kotzian, 38, had been working in sales at the giant brokerage for more than a year and a half. She’d won a promotion and an “employee of the month” award. But
Sharing is Caring! by Michael Snyder As a country, we have never been through anything like this before. In the months ahead, millions upon millions of highly qualified people are going to be forced out of their jobs because of federal, state and local mandates that will soon be implemented. If you think that this
Home-price gains in 2021 are on pace to smash last year’s all-time high after record-low mortgage rates fueled bidding wars across the U.S., Fannie Mae said in a forecast on Friday. Home prices probably will surge 17% this year, beating the record gain of 11% set in 2020 that surpassed the prior peak of 10%
U.S. citizens and financial institutions are concerned about the Biden administration’s goals to get banks to report to the Internal Revenue Service (IRS) aggregate inflows from a customer’s bank account annually that exceed $600. Mainstream media is reporting and Big Tech’s swarm of fact-checkers have said that some lawmakers are mischaracterizing the proposal. Biden Administration’s
Assuming Wall Street embraces these ETFs, the futures premium, or the spread between futures prices and spot prices, would rise significantly, boosting yields from cash and carry strategy, which involves buying the asset in the spot market and simultaneously selling futures contracts. Carry trades are direction-neutral and profit from an eventual convergence of the two
Today’s column addresses questions about cost of living increases for spousal benefits’ effects on later COLAs for retirement benefits, taking retirement benefits before survivor’s benefits and Social Security options with no saving and health concerns. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc.
Puerto Rico’s leaders indicated they would back legislation to support the Oversight Board’s proposed Plan of Adjustment after the board made concessions to them Thursday afternoon. “Today is a historic day and a triumph for the people of Puerto Rico because the decision of the Board of Fiscal Oversight to accept our claims to protect
The precious metal has returned to losing against the greenback after rallying yesterday and could drop below the $23 level if the losses increase. XAG Back To Being Bearish Silver has been underperforming since the start of the week. The precious metal was trading towards the $22 level for most of the week. However, it
The Analysis And Discussion Provided On Silverdoctors Is For Your Education And Entertainment Only, It Is Not Recommended For Trading Purposes. The Doc Is Not An Investment Adviser And Information Obtained Here Should Not Be Taken For Professional Investment Advice. The Commentary On Silverdoctors Reflects The Opinions Of The Doc And Other Contributing Authors. Your
Ethereum is an open-source blockchain-based software platform with thousands of decentralized applications (DApps) that powers its native cryptocurrency, Ether (ETH), that can be sent and received globally without any third-party interference. First conceptualized in 2013 by Russian-Canadian programmer Vitalik Buterin, Ethereum was designed as a platform for self-executing, permanent and immutable DApps with use cases
The period of time in a day during which trading activity takes place is known as the trading session. For most stock markets, the main trading session takes place during the daytime, where one trading session represents a single day of business. The beginning of the session is marked by the opening bell, which signals
Megan Leonhardt | CNBC As third-quarter earnings roll out and 2021 winds down, analysts and investors are looking for which companies can close out the year on a bullish note. Many firms had stellar starts to the year, and are in a tough spot to continue growing at such rapid paces. Costco braved the
The European Central Bank is exploring raising its limit on purchases of EU-issued bonds, in a move that would enhance its flexibility in asset-buying schemes and boost the status of the bloc’s groundbreaking joint debt programme launched this year. Four ECB governing council members told the Financial Times they would support increasing the share of
The writer is special adviser to the Institut Montaigne and a visiting research professor at King’s College London In the Suez crisis of October 1956, France and the UK were punished like misbehaving adolescents by the US and the Soviet Union, the superpowers of that era. The Franco-British attempt to reset the imperial clock in
Jim Exley stared down at a new client’s risk score and couldn’t comprehend the number he saw. Earlier in the day, the client had talked about how, in addition to his role at a Fortune 500 company, he had covert side gigs — including selling stereo equipment out of his car — that could have
Sharing is Caring! Via Birch Gold When you think about the idea of a secure retirement, one key ingredient would be security. If that’s missing, all you’re left with is a retirement full of anxiety. And it doesn’t matter which politicians take office, both sides of the aisle often meddle with Social Security and other retirement safety nets,
The digital asset company Bakkt Holdings has completed a merger with a firm called VPC Impact Acquisition Holdings and the combined business will be listed on the New York Stock Exchange (NYSE) on October 18. Bakkt revealed it was aiming to go public last January, and the Bakkt listing on Monday will leverage the ticker
“The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Tidal Wave” by BRASKO. Image credit: danm/Moment/Getty Images, modified
Medicare open enrollment begins October 15 and runs through December 7 this year. Open enrollment can be an opportunity to revisit your health care plan preference: You can choose Traditional Medicare or a Medicare Advantage (MA) plan, although some restrictions can apply. A recent survey by The Commonwealth Fund shows that both types of plans
Assured Guaranty accounted for a total of $17.31 billion in 820 deals for a 52.1% market share in the first three quarters of 2021, up from the $13.77 billion in 703 deals for a 48.9% market share over the same period as the year before. “Assured Guaranty continued to lead the municipal bond insurance industry
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) – Compañia de Minas Buenaventura (NYSE: BVN), Peru’s largest publicly-traded precious metals mining company, today announced that the company has submitted
A great run! Super Force Signals A Leading Market Timing Service We Take Every Trade Ourselves! Email: [email protected] [email protected] Here are today’s videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts. SGS Key Charts, Signals, & Video Analysis Super Force Signals (SFS) is being rebranded