Close

Blog

CDC says new Covid strain in U.S. could further stress ‘already heavily burdened’ hospitals

[CNBC] CDC officials said Wednesday that the new strain of Covid-19 that was discovered in the U.K. could further stress hospitals that are already overwhelmed with coronavirus patients. The CDC’s Dr. Henry Walke said the new variant appears to spread “more easily and quickly than other strains,” but it does […]

Read More

Banking giants and New York Fed start 12-week digital dollar pilot

[Reuters] NEW YORK, Nov 15 (Reuters) – Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York, the participants announced on Tuesday. Citigroup Inc , HSBC Holdings Plc (HSBA.L), Mastercard Inc (MA.N) and Wells Fargo & Co (WFC.N) are among the financial companies participating in the experiment […]

Read More

Democrats’ ‘newest megadonor’ plummets on Election Day, forced to sell crypto company to biggest rival

[FOXBusiness] Sam Bankman-Fried, CEO of crypto exchange FTX, forced into bailout sale after seeing $6B in withdrawals ahead of Tuesday FTX cryptocurrency exchange was unexpectedly hit with a mass liquidity crisis on ‘The Claman Countdown.’ Sam Bankman-Fried, the CEO of crypto exchange FTX considered the Democrats’ “newest megadonor” ahead of the 2022 […]

Read More

‘Flood Into’ Crypto—Bitcoin Poised For An Unexpected S&P 500 Earthquake After $2 Trillion Ethereum, BNB, XRP, Solana, Cardano And Dogecoin Price Crash

[Forbes] BitcoinBTC, ethereum and other major cryptocurrencies have crashed along with the S&P 500 and stock prices this year (with some people betting on ‘a $28 trillion opportunity’). The bitcoin price has plummeted around 70% from its all-time highs, dropping under $20,000 per bitcoin, and dragging on other top ten […]

Read More

‘Stocks and bonds are toast’: Robert Kiyosaki warns central banks can’t fix inflation and that ‘fake’ money is forcing state pensions to pivot — here are 3 real assets he likes now

[MoneyWise] Bank of England recently bought £19.3 billion of U.K. government bonds to prevent a collapse in the country’s pension industry. In the eyes of Rich Dad, Poor Dad author Robert Kiyosaki, that’s a sign to acquire three specific alternative assets. “Bank of England pivot means buy more GSBC,” he […]

Read More

3 Facts About Polygon You Should Know

[The Motley Fool] KEY POINTS Polygon makes Ethereum faster and cheaper to use for everyone. New technology will help increase speeds further and promote more development on the blockchain. With multiple partnerships with some of the world’s more recognizable brands, 2022 has been a year of building for Polygon. Polygon’s […]

Read More

Why is the U.S. dollar so strong?

[Washington Post, Bloomberg] Nearly every major currency has lost ground against the U.S. dollar this month, an offshoot of the Federal Reserve’s campaign to rein in inflation through higher interest rates. For Americans, a stronger dollar means cheaper imports and trips abroad. But it can also weigh on other economies, […]

Read More