Bitcoin (BTC) has been on a tear, rising more than 10% this week. This shows that traders are urgently scrambling to buy Bitcoin as they anticipate the price to rally further. CoinShares data shows that investors have pumped in more than $1.44 billion into Bitcoin investment products in the past ten weeks. The expectation is
admin
Remember when a second home connoted a dwelling owners used occasionally, on the limited times annually when the family traveled from their primary residence for a vacation? That paradigm is being supplanted by the concept of “bi-residential” living, in which the modern second home rises to the status of an equal or near-equal of the
Real bipartisan legislative efforts are rare in Washington, DC, these days, but Democratic Senators Elizabeth Warren and Joe Manchin and Republican Senators Lindsey Graham and Roger Marshall have managed to come together to co-sponsor a bill focused on crypto crime. According to the senators, the Digital Asset Anti-Money Laundering Act of 2023 aims to close
By Vijay Kumar Malesu Dec 6 2023 Reviewed by Lily Ramsey, LLM In a recent study published in Scientific Reports, a group of researchers investigated the association between race and outcomes (mortality and intensive care unit (ICU) admission) in Coronavirus Disease-2019 (COVID-19) hospitalizations in California. Study: Racial difference in mortality among COVID-19 hospitalizations in California. Image
Loading… Loading… Loading… AfterMicrosoft MSFT PresidentBrad Smithdismissed the development of any super-intelligent Artificial Intelligence (AI) within the next 12 months, the tech giantannounced a $3.2 billion investment in the U.K. What Happened: Microsoft'sU.K. investment is for artificial intelligence infrastructure and training, which will be spread over the upcoming three years. This marks the company's largest
Montana lawmakers passed a bill on Friday banning TikTok from operating in the state amid growing concerns about the app’s suspected ties to the Chinese government. The bill was passed by the state House in a 5443 vote and now heads to Gov. Greg Gianforte’s desk. If Gianforte signs it into law, Montana will become
Development risk — NASA says SpaceXs next Starship flight could test refueling tech SpaceX appears on track for at least a preliminary propellant transfer test next year. Stephen Clark – Dec 6, 2023 1:06 am UTC Enlarge / A crane is attached to one of several Starship test vehicles at SpaceX’s Starbase facility in South
Loading… Loading… The Ronin crypto wallet mobile app integrated Binance Pay to its interface, enabling users to directly import funds from Binance exchange accounts to their wallets. What Happened: Ronin is one of the first few wallets using this new technology, after Binance Web3 Wallet and Trust Wallet. This feature allows users to automatically convert
Remember the EV3? — The Morgan XP-1 is an extremely eccentric English electric vehicle The three-wheel convertible EV weighs little so should actually be quite efficient. Alex Goy – Dec 6, 2023 9:00 am UTC Enlarge / The British car company Morgan is unashamedly throwback in many regards, but it hasn’t forgotten about electrification.Morgan reader
Homes in Hercules, California, US. Bloomberg | Bloomberg | Getty Images After surging over 8% in October, mortgage rates are falling back toward 7% again, and that is jump-starting the refinance market. Last week, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 7.17% from 7.37%,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK ministers are set to pick veteran TV executive Samir Shah as BBC chair to replace Richard Sharp, the former Goldman Sachs banker who resigned this year. Shah has had a 40-year career in TV
The Bitcoin Ordinals-based ORDI token has become the first BRC-20 token to top a $1 billion market capitalization after staging triple-digit monthly and weekly percentage gains. ORDI notched a new all-time high of over $65 on Dec. 5, surging more than 850% from around $6.80 on Nov. 5, according to CoinGecko data. ORDI is up 216%
The city of Chicago and its Sales Tax Securitization Corporation won The Bond Buyer’s 22nd annual Deal of the Year award for its $1.7 billion financing that addressed initiatives related to affordable housing, homelessness support services, environmental justice, and community development. The issuance, which was the Deal of the Year in the Midwest category, included
Municipals improved amid a large new-issue slate pricing in the primary while U.S. Treasuries were back in the black and equities were mixed throughout the day. Triple-A yields fell three to four basis points, depending on the scale, while USTs saw the largest gains out long. The primary market is robust this week, with several
itsskin | Getty High interest rates have pushed many would-be home sellers and buyers to the sidelines in 2023. Yet there are signs both sides may be more willing to take on a high-rate mortgage if other key factors aligned. More than half — 54% — of homeowners said they would move if they found
Loading… Loading… Loading… Standard Chartered ADR SCBFY Bank (China) announced itinitiated the offering of digital yuan exchange services to customers. What Happened: The multinational banks China division is working with City Bank Clearing Services to give customers access to the digital yuan's interconnection platform, offering recharge and redemption. The digital yuan is China's central bank
Loading… Loading… Loading… Artificial Intelligence is likely to be adopted in the coming years across all major industry sectors, but its the banking industry that analysts believe has the most to gain. While banks are likely less attractive places of employment for AI technologists than developers such as Amazon.com Inc AMZN or OpenAI, financial services
so very wrong — Texas sues Pfizer with COVID anti-vax argument that is pure stupid Texas Attorney General Ken Paxton struggles with relative vs. absolute risk. Beth Mole – Dec 4, 2023 11:13 pm UTC Enlarge / Texas Attorney General Ken Paxton.Getty | Brett Coomer/Houston Chronicle reader comments 178 Texas Attorney General Ken Paxton sued
Family matters — Hackers stole ancestry data of 6.9 million users, 23andMe finally confirmed Majority of impacted users are now being notified, 23andMe confirmed. Ashley Belanger – Dec 4, 2023 10:48 pm UTC EnlargeBloomberg / Contributor | Bloomberg reader comments 92 It’s now been confirmed that an additional 6.9 million 23andMe users had ancestry data
Convergence — Dont count on NASA to return humans to the Moon in 2025 or 2026, GAO says No surprise: SpaceX’s lunar lander and Axiom’s spacesuits pace the Artemis III schedule. Stephen Clark – Dec 4, 2023 11:43 pm UTC Enlarge / A crescent Earth rises over the horizon of the Moon in this view