Yam, the decentralized finance (DeFi) sector’s original food-themed clone protocol, has successfully completed its first rebase since its V3 relaunch. Yam’s relaunch on September 18 followed the spectacular failure of Yam V2 last month — where a bug in the protocol’s unaudited code rendered governance impossible after only twoRead More →
With all the rest of the news, it is easy to forget that the President’s proposal to delay the payment of social security contributions came into force on 1 September. Specifically, for employees earning less than $104,000, employers could stop withholding 6.2 percent of the employee’s share of socialRead More →
The USD/CHF continued to gain traction for the fourth consecutive session on Wednesday. A strong bid tone around the US dollar is seen as a key factor driving the pair up. Optimistic market sentiment dampened the safe-haven Swiss franc, for which it remains supportive. The USD/CHF pair maintained itsRead More →
A candidate for the Wisconsin Legislature has challenged state regulators by accepting contributions from cryptocurrencies like Bitcoin (BTC). Phil Anderson, a real estate broker and entrepreneur, is now accepting cryptocurrency donations for his legislative campaign. According to Anderson’s official statement, cryptocurrency donations can be made through BitPay, a majorRead More →
As speculation swirls around who President Trump will appoint as his third Supreme Court justice, political analysts have focused on the two contenders. Indiana appellate judge Amy Corny Barrett and Florida federal appellate judge Barbara Ragoa. Trump said Monday that he may have five appointees in mind for theRead More →
Reuters. By Yasin Ebrahim. Investing.com – The dollar rode the euro’s slide to a more than one-month high on Monday and appeared to reclaim its safe-haven status amid the global growth turmoil amid rising odds of Europe reimposing lockdown measures to curb the spread of Covid-19. The , aRead More →
© Reuters. FILE PHOTO: A small toy figure is seen on representations of the virtual currency on a displayed European Union flag and the Facebook Libra logo in this illustration picture By Huw Jones LONDON (Reuters) – The European Union will introduce new rules within four years to makeRead More →
The legal representatives of tech company Nvidia have argued that its investors are not entitled to access its internal records regarding the “crypto craze” of 2017 and 2018. In a September 17 court hearing in Chancery, Delaware, lawyers for Nvidia argued that the plaintiffs have failed to show aRead More →
Until recently, most Americans believed that the United States should play a leading role on the global stage. However, the political landscape has changed. Only 53 percent of Americans now believe that taking an active role in the world is a good thing. Among Republican or Republican-leaning voters, thatRead More →
The euro opened at a daily high during the US session on Friday, but remained sideways. EUR/USD continued to fluctuate around 1.1850 and could not confirm the levels below 1.1800 or above 1.1900. EUR/USD is about to post small weekly gains hovering around 1.1850 at the end of Friday,Read More →
Nasdaq:SAVA fell nearly 10% on Tuesday after rising nearly 90% earlier this week. Analysts raised their ratings after SAVA announced positive news about its Alzheimer’s clinical trial. NASDAQ:SAVA retreated Tuesday after nearly doubling in price on Monday, after Wall Street analysts were bullish on the biotech’s Phase 2B clinicalRead More →
Nasdaq-listed MicroStrategy (MSTR) is continuing to buy hundreds of millions of dollars worth of Bitcoin (BTC ), causing its company’s stock to rise more than 9% on Sept. 16. The purchase of bitcoin has returned MSTR stock to pre-Covidien levels. On Aug. 11, MicroStrategy first announced that the companyRead More →
Gold futures climbed on Wednesday, with commodity investors positioning prices for a third straight rise ahead of a Federal Reserve statement that could prove mostly bullish for long-term metals investors. Investors expect the Fed to express continued support, even though the central bank won’t change interest rates from aRead More →
WASHINGTON, Sept 14 (Reuters) – The U.S. Postal Service’s voter outreach efforts drew a growing backlash on Monday as election officials in several states warned voters that the beleaguered agency was providing inaccurate information on how to vote in the Nov. 3 election. The statement from officials in West Virginia,Read More →
Reuters. By Hideyuki Sano TOKYO (Reuters) – The pound flirted with a 1-1/2-month low against the dollar on Monday on fears of a no-deal Brexit while investors waited for Japan’s ruling party to choose Prime Minister Shinzo Abe’s successor. The pound changed hands at $1.2806, having touched a 1.2767Read More →
The impending sale of Arm Holdings Inc. to Nvidia Corp. for $40 billion could have broad implications for the global semiconductor industry, further boosting one of its highest fliers and lifting another major bet by SoftBank Group Inc. The Japanese technology group said late Sunday it had reached anRead More →
Brian Armstrong, CEO of US cryptocurrency exchange Coinbase, alleges that Apple is stifling innovation in cryptography and crowding out DeFi to protect itself from competition. In a Sept. 11 Twitter post, Armstrong doubled down on his previous claim that Apple continues to block some features for cryptocurrency developers. TheRead More →
Amazon stepped up its hiring efforts on Monday, saying it would hire an additional 100,000 employees to meet the surge in demand for online shopping during the epidemic. The world’s largest online retailer, run by Jeff Bezos, said the new positions are full- and part-time jobs across the U.S.Read More →
Reuters. By Gina Lee Investing.com – The dollar fell in Asia on Monday morning, but the focus was on the pound and yen. The pound recovered from its previous session’s losses as fears of a hard Brexit intensified. In Japan, the ruling party will vote for a new leaderRead More →
President Donald Trump defended himself at Thursday’s news conference as he raised more questions after telling renowned journalist Bob Woodward months ago that he was downplaying the coronavirus. “I’m not lying. I’m saying ‘We have to be calm. We can’t panic.’” Trump said a reporter asked him.” Why didRead More →
Reuters. By Yasin Ebrahim Investing.com – The pound is on track for its biggest weekly fall in nearly six months on Thursday as the European Union threatened legal action against Britain if it does not drop a bill aimed at scuttling the Brexit divorce deal. Down 1.56% at $1.2799,Read More →
The U.S. Internal Revenue Service (IRS) has offered a bounty of up to $625,000 to anyone who can crack allegedly untraceable privacy currencies such as Monero (XMR) and track transactions on the Bitcoin (BTC) lightning network. The official proposal released last week says the IRS will accept submissions inRead More →
NZD/USD Analysis. Monetary policy conundrum adds uncertainty ahead of September RBNZ meeting. NZD/USD Rejected at the key weekly level around 0.6785. Signs of NZDUSD weakness. macd, RSI and bearish engulfment. IG client sentiment :Recent dovishness has invalidated the typical opposing sentiment view. NZD/USD faces resistance as RBNZ considers usingRead More →
MasterCard on Wednesday announced the release of a proprietary tool for central banks that want to test their Central Bank Digital Currency, or CBDC. A report by the Bank for International Settlements noted that more than 70 percent of central banks are considering the idea of issuing digital currencyRead More →
U.K.-based pharmaceutical giant AstraZeneca said Tuesday it will suspend clinical trials of a coronavirus vaccine it developed with Oxford University after a British subject fell ill. The decision will affect the company’s just-started so-called Phase 3 trial, which recruited 30,000 volunteers in the U.S. after 10,000 subjects in theRead More →
