Litecoin surged to a nine-day high to start the month, breaking out of a recent resistance point in the process. The token climbed past the $95.00 level, as bulls made a run for the $100.00 mark. Polygon also snapped a recent losing streak, by bouncing from a key support point. Litecoin (LTC) Litecoin (LTC) climbed
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Federal Reserve Bank of Atlanta President Raphael Bostic called for continued interest-rate hikes to above 5% ensure that inflation returns to the central bank’s target and doesn’t reaccelerate in a pattern similar to the 1970s. “I think we will need to raise the federal funds rate to between 5% and 5.25% and leave it there
Bitcoin (BTC) moved just 0.03% last month in United State dollar terms, making February 2023 likely its least volatile in history. Data from Coinglass after the monthly close confirms that BTC/USD went practically nowhere for four weeks straight. Bitcoin monthly candle barely leaves a trace To say that Bitcoin is less volatile than it was is
The NFL’s Tennessee Titans are one step closer to a new taxpayer-subsidized stadium after Nashville Mayor John Cooper and representatives of the team finalized plans for a venue backed by $1.26 billion in public funds. The plan first announced last year carries a total price tag of $2.1 billion and calls for a covered, 1.7
Ferrovial, the Spanish infrastructure group and part owner of Heathrow airport, has triggered a political storm by proposing to shift its head office to the Netherlands after its founder raised questions over the business environment in Spain. “I don’t think it’s acceptable,” said Nadia Calviño, Spain’s deputy prime minister, as several members of the government
Across the bay from Port Talbot’s steelworks, one of the biggest metal plants in Europe, academics at Swansea University are laying the foundations of Wales’s green economy. In campus labs, academics are inventing materials that stop steel corrosion to extend the life of machine parts and support sustainable industry. Nearby stands an “Active House” that
Nine years and nine months ago, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency assets, and bitcoin’s overall valuation was $1.24 billion, with 11.13 million bitcoins in circulation at the time. Today, the same website indicates that there are 22,709 crypto assets. Additionally, the market capitalization of the crypto economy has grown significantly, increasing by
Bitcoin rebounded on March 1, as markets reacted to the latest consumer confidence report from the United States. Confidence slipped last month, which appears to be a sign that higher rates are starting to take effect. Ethereum also moved higher on Wednesday, as prices moved above $1.650. Bitcoin Bitcoin (BTC) rebounded on Wednesday, which comes
Repeated outages of one of the most popular blockchains believed to have the potential to dethrone the Ethereum network sparked a conversation among community members about the future of those carrying the burden of being called an “Ethereum killer.” A member of a cryptocurrency forum on Reddit opened a conversation on Ethereum killers and questioned
Stablecoins are entering a period of great uncertainty following the U.S. Securities and Exchange Commission labeling BUSD an “unregistered security” and ordering Paxos to stop minting new tokens. Do these moves signal a wider war by U.S. regulators on stablecoins? Could the SEC declare all stablecoins securities, or is BUSD a special case? Independent crypto
State highway and transportation officials are wresting with a $3.5 billion accounting speed bump that has thwarted the progress of Infrastructure Investment and Jobs Act funds winding their way to the nation’s highways. The problem, which has been germinating for nearly twenty years, has come to a head according to officials attending the annual American
Opportunity cost, explained Opportunity cost is a concept in economics that refers to the value of the next best alternative that is forgone when making a choice — i.e., the cost of the best alternative that is not chosen. Consider the scenario when you have a limited budget and are debating between buying a new
In this article AMC MNST SPOT Follow your favorite stocksCREATE FREE ACCOUNT Monster Beverage Corp. drinks. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines before the bell. Rivian — Shares of the electric vehicle maker tumbled more than 9% after the company posted mixed fourth-quarter results and an underwhelming
Viruses thrive on ignorance. China’s refusal to co-operate with investigations into Covid’s origins is thus self-harming. Not only does it deepen fears that China will be late in alerting the world to the next novel virus outbreak; it fans conspiracy theories that coronavirus was a Chinese plot. More than three years after Covid erupted, the
Having your focus on consistency rather than hitting grand slams is crucial if you want to succeed. Hitting grand slams is something that beginner traders love to do. At least they love trying that. I want to show you what is the most effective way and what you need to focus on if you’re planning
France is making an aggressive push to promote nuclear power in the EU, seeking to rally allies for battles to come in a stand-off with Germany over the bloc’s energy policy. Paris on Tuesday persuaded 10 countries, including Hungary and Bulgaria, to join a “nuclear alliance” calling on Brussels to do more to back atomic
press release PRESS RELEASE. LBank; a leading token-to-token crypto exchange, has partnered with Encryptus Europe UAB; a licensed crypto and fiat infrastructure company, to streamline their crypto to payouts in 100+ countries. After this integration, LBank will be able to offer to their users off ramps in the form of bank wires, gift cards, mobile
The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules that blockchain projects must follow to receive tax benefits that the state offers companies. The action seeks to create an “atmosphere of certainty and stability” for blockchain companies, according to DDEC Secretary Luis Cidre. Puerto
Homes in Rocklin, California, on Tuesday, Dec. 6, 2022. David Paul Morris | Bloomberg | Getty Images Mortgage rates moved higher again last week, pushing buyers back to the sidelines just as the spring housing market is supposed to be heating up. Mortgage applications to purchase a home dropped 6% last week compared with the
The founders of the troubled cryptocurrency lender Hodlnaut are trying to save the business despite creditors insisting on its liquidation. On Feb. 28, Hodlnaut’s interim judicial managers released the sixth affidavit of Hodlnaut co-founder Simon Lee, reportedly stating the company’s founders proposed selling the business as a better option for creditors than liquidating the firm.
The UK government on Wednesday came under renewed scrutiny over its handling of the coronavirus pandemic after a leaked dossier of WhatsApp messages involving former health secretary Matt Hancock raised fresh questions about the testing of people in care homes. The Daily Telegraph reported that Hancock rejected advice by Professor Chris Whitty, England’s chief medical