Moon and Brick, two tokens created by users of social media platform Reddit, are up 48% and 443%, respectively, in the past week after being listed on cryptocurrency exchange Kraken. In an Aug. 7 announcement, Kraken announced the listing of Moon and Brick for spot trading and perpetual futures. At the time of publication, users could only deposit
The S&P 500 index is currently trading only 6% below its all-time high, which was reached in January 202. Traditionally, such a situation would be seen as a bullish sign for risk-on assets, including commodities and cryptocurrencies, but this time, it appears that investors have been using the stock market as a means of protection
Cincinnati voters in November will decide whether to greenlight a plan pitched by city leaders to sell a 338-mile freight railway line and use the money to create a permanent investment fund to support infrastructure needs. If approved, the deal would mark one of the few instances of true asset recycling in the U.S. The
A man enters a Bank of America branch in New York. Scott Mlyn | CNBC As if higher mortgage rates weren’t enough, it was harder even to qualify for a mortgage in July than it has been in a decade, according to the Mortgage Bankers Association. Its monthly index measuring credit availability dropped in July
Britain’s government has shown some welcome pragmatism on post-Brexit issues of late. Last week it ditched the requirement for most companies to use a “UKCA” quality assurance mark, allowing them to stick with the EU’s CE scheme. It further delayed introducing border controls on animal and plant products coming from the EU, too — again
USD Coin (USDC) issuer Circle has released a beta version of a multi-party computation wallet (MPC) service, according to an Aug. 8 announcement. The new service will allow developers of DeFi apps, Web3 video games, e-commerce services, and other blockchain applications to create customized wallets specifically for their users. It will be available initially on
As families from across the nation move to the Sunshine State, Hollywood, Florida’s education system faces added pressures that a development company hopes to solve. To help ease crowding in the public school system and provide parents more choice, real estate development company Fortec is building a Montessori educational facility in the city’s downtown area.
The price of Cardano (ADA) risks falling by over 20% in August as it enters a breakdown stage of a classic technical pattern that could be offset by some promising fundamentals. ADA price risks falling to June lows Dubbed Bump-and-Run-Reversal (BARR), the pattern develops when excessive speculation drives the prices higher quickly, eventually leading to
Transcription: Thomas Nocera (00:03):Welcome to another episode of the Bond Buyer podcast. I’m Thomas Nocera, regional reporter for the Bond Buyer, and I’m joined by Bill Glasgall, senior Director of Public Finances at the Volcker Alliance. You recently led a special briefing with co-host Jeannie Birch from the University of Pennsylvania on the future of
Traders have been sitting on their hands lately with the Bitcoin (BTC) price being stuck between $29,000 and $30,000. This rangebound price action can’t continue forever, though. Bitcoin awaits breakout A recent report from Ark Invest entitled “Bitcoin – Breakout or Breakdown?” notes that “Bitcoin’s volatility dropped to a 6-year low during July, suggesting the
A Bitcoin (BTC) advocate based in Canada has “Zapped” 600 people a total of 300 satoshis ($0.09, or 0.000003 BTC) each in a Bitcoin-inspired social media experiment. To date, marketing executive Michael Degroot has doled out over $50 in Bitcoin to people around the globe. He has since been Zapped back more than 40 times, receiving
The UK’s elections watchdog has suffered a “complex cyber attack” in which hackers obtained copies of the electoral register and had access to its systems for more than a year. The Electoral Commission said in a public notice on Tuesday that “hostile actors” first breached its network in August 2021, but that “suspicious activity” was
Windfall taxes are a blunt policy tool. They may fill government coffers in the short term. But they also hit investor confidence and future business prospects. That is doubly true when levies are big and haphazard. A surprise windfall tax on Italian banks is a prime example. A draft official text primes them for pain.
John Rogers, Goldman Sachs’ chief of staff and one of the bank’s most influential executives is stepping back from his role. Rogers, 67, is handing over his responsibilities to Russell Horwitz, a former Goldman partner who left the group in 2020, the bank announced in a memo to staff on Tuesday. Rogers, dubbed the “board
One of the oldest and most persistent ideas of the western enlightenment is the civilising force of free economic exchange. The belief that trade and political concord reinforce one another — at times called doux commerce or “gentle commerce” — goes back at least as far as Montesquieu’s writings 300 years ago. This belief motivated
The nation faces a critical shortage of not only affordable housing, but workforce housing. Nowhere is that shortfall more pronounced than in America’s top ski towns. Playgrounds of the ultra-rich, these hamlets have endured an ever-worsening dearth of housing for the people who work in the hotels and restaurants, as well as the folks who
In this article MTB SATS PLTR UPS HIMS LOW HD Follow your favorite stocksCREATE FREE ACCOUNT A UPS worker checks an Amazon box to be delivered in New York. Eduardo Munoz | Reuters Check out the companies making headlines in premarket trading. Sagimet Biosciences — Shares of the biopharmaceutical company popped 31% following an upgrade
A partnership between crypto e-commerce platform Bitrefill and eSIM Go enables crypto users to buy eSIMs in 140 countries worldwide. Crypto advocates can now swap crypto for data at the checkout, using Bitcoin (BTC), the Bitcoin Lightning Network, Ether(ETH) and stablecoins like Tether (USDT). The move makes it easier to live on crypto and travel
Authorities in New Jersey have several new proposals to mull for the development of wind farms in coastal waters. After the close of its third round of submission, the New Jersey Public Utilities Bureau will now review proposals from hopefuls seeking an early stake in the development of offshore energy as the state presses plans
July was officially the hottest month ever recorded, surpassing the previous record set in 2019 by 0.3C, according to the European earth observation agency. Scientists at the agency said the average global temperature in July was about 1.5C warmer than that of the pre-industrial period of 1850 to 1900, before human-induced climate change began to
Neither man has an alternative career in audiobook narration awaiting him upon retirement. Ron DeSantis speaks in a sort of monotone nag. Rishi Sunak can sound adenoidal. If you share my belief that people are defined as much by their voice as by their looks, it is a miracle these two have got as far