The legendary creator of Bitcoin, Satoshi Nakamoto, turned 48 years old today, at least according to information provided to the global network P2P Foundation when they registered. Though the identity of the Bitcoin (BTC) creator and thus their birthday remains unknown to the public, crypto enthusiasts took note of when Satoshi’s age increased by one
Hedge funds made more than $7bn in profits by betting against bank shares during the recent crisis that rocked the sector, their biggest such haul since the 2008 financial crisis. The bumper gains came during a bleak month for banks, with the collapse of Silicon Valley Bank and the emergency sale of Credit Suisse affecting
A decision by the California State Treasurer’s Office to cover bond payments for a flood-damaged agriculture lab supports Fitch Ratings’ view that issuers “will repay abatement lease debt, even if they technically have the option not to do so,” according to the rating agency. The California State Public Works Board filed an event notice March
Muni yields continued to fall along with U.S. Treasuries Wednesday as weaker-than-expected private payrolls for March led to supportive bond prices and a market rally. Equities ended mixed. California priced its $2.6 billion general obligation deal for institutions with double-digit bumps from Tuesday’s retail offering. Municipal to UST ratios on the short end remain rich.
Kyiv is willing to discuss the future of Crimea with Moscow if its forces reach the border of the Russian-occupied peninsula, a top adviser to President Volodymyr Zelenskyy has told the Financial Times. The comments by Andriy Sybiha, deputy head of Zelenskyy’s office, are the most explicit statement of Ukraine’s interest in negotiations since it
With one week to go until the Ethereum Shanghai and Capella upgrades on April 12, all eyes are on Ether(ETH). The second-largest cryptocurrency by market capitalization shrugged off rumors and regulatory action against exchanges to hit a seven-month high of $1,922 on April 5. Ether price has momentum, and here are three strong reasons why. Multiple
Bitcoin (BTC) remains pinned below the psychologically crucial level of $30,000 as cryptocurrency investors search for positive triggers. That has not stopped business intelligence firm MicroStrategy from adding 1,045 Bitcoin to its kitty, which has now swelled to 140,000 Bitcoin. Even after the sharp recovery from November 2022 low, monitoring resource Material Indicators believes the
After the Ordinal inscription process gained significant traction on the Bitcoin blockchain with more than 800,000 inscriptions to date, a new trend of non-fungible token (NFT) technology has emerged called Bitcoin Stamps. The image-storing technique is a new way of storing images on Bitcoin, and so far, more than 8,000 stamps have been minted. From
Miami-Dade County and the Miami Heat have agreed to a $117 million 17-year deal with software company Kaseya that will rename the basketball team’s arena as the Kaseya Center. The collapse of the cryptocurrency exchange platform FTX prompted the county and the team to look for a new partner for the 19,600-seat arena. In 2021,
This was not the start Humza Yousaf wanted. Just a week after taking office as Scotland’s first minister, Yousaf was on Wednesday responding to the arrest of the husband of his predecessor Nicola Sturgeon by police investigating the finances of his governing Scottish National party. For Scotland, the arrest of Peter Murrell, chief executive of
In this article Follow your favorite stocksCREATE FREE ACCOUNT Ramona Persaud Source: Fidelity The broader market suffered in 2022 as the Federal Reserve embarked on its rate-hiking campaign. Amid the tumult, the Fidelity Equity-Income Fund (FEQIX) outperformed the broader market with a total return of -5.07% – the result of portfolio manager Ramona Persaud’s search
The Swiss government has cut bonuses for about 1,000 senior bankers at Credit Suisse, with the executive team losing their outstanding variable pay entirely, after the lender’s rescue by its rival UBS last month. Following a meeting on Wednesday, the federal council, Switzerland’s executive body, called on the finance ministry to cut bonuses at Credit
According to the P2P Foundation forum, the mysterious creator of Bitcoin, Satoshi Nakamoto, has ostensibly turned 48 today on April 5, 2023. More than 14 years ago, Nakamoto introduced Bitcoin to the forum members, noting that the inventor “developed a new open-source P2P e-cash system called Bitcoin.” The Significance of April 5 in the History
Ether’s (ETH) price had been battling the $1,850 resistance level, but it broke through on April 4 when Ether rallied to a seven-month high above $1,900. Recently there has been a lot of speculation on Ether price catalysts. Let’s see if it’s possible to identify any fundamental factors behind the price movement. The upcoming Shanghai
Poland’s president on Wednesday pledged to send 14 MiG-29 fighter jets to Ukraine after welcoming president Volodymyr Zelenskyy to Warsaw for a state visit to strengthen ties between the neighbouring nations. The fresh pledge follows Poland’s delivery of four of its Soviet-built jets after it agreed last month to make the first shipment of combat
Triple Top Pattern: – A reversal pattern. – It forms from a previous uptrend. – You need to be aware that this pattern has the potential to be multiple patterns, and you cannot be sure that it is a triple top until it hits the third point on the resistance line. – Once it breaks
In this article PLTR NVDA WAL JNJ Follow your favorite stocksCREATE FREE ACCOUNT The Western Alliance Bancorporation logo is seen in this photo illustration on 13 March, 2023 in Warsaw, Poland. Jaap Arriens | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Nvidia – Shares of the chipmaker slid about
Inditex, owner of the Zara clothing chain, has received permission from Russia to sell its business in the country that was once its second-biggest market by number of stores. Daher Group of the United Arab Emirates will be acquiring the business from the world’s biggest fashion retailer. Russia’s commission on foreign investments, the approval of
Brandon Johnson will be sworn in as Chicago mayor next month with the municipal market’s scrutiny fixed on whether he can sustain the city’s momentum in dealing with chronic fiscal and public safety strains. Johnson, a Cook County board commissioner and Chicago Teachers’ Union organizer, beat Paul Vallas, a former city budget director who led
As NASA gets set to head to the moon again, data says the agency has had a positive economic impact here on Earth. In fiscal 2021, 27,004 jobs were created in Florida alone through space agency spending, the space agency said, adding that its activities ripple across the entire United States. On Monday, NASA and
US government debt rallied on Wednesday, pushing Treasury yields to their lowest level in seven months, after the latest sign that the labour market is cooling in the world’s biggest economy. Yields on 10-year Treasuries fell 0.06 percentage points to 3.27 per cent, reflecting rising prices. Two-year notes, which are most sensitive to monetary policy,