Market Console

Venezuelans have become increasingly interested in cryptocurrency as their country faces dire economic crisis and hyperinflation, a new study by blockchain data analytics firm Chainalysis shows. The firm’s Global Crypto Adoption Index ranks Venezuela third as “The country has reached one of the highest rates of cryptocurrency usage in the world.” Cryptocurrency Adoption Soars in Venezuela Chainalysis published its study of Venezuela’s bitcoin usage Thursday, which is part of its upcoming 2020 Ge Go to the article

A lot has changed during the last month, as the popular decentralized finance (defi) ecosystem has swelled considerably in value. Since the first week of August, the total value locked in defi jumped over 85% in 27 days from $4.2 billion to $7.88 billion on August 30. The total value locked (TVL) in the decentralized finance (defi) economy is nearing $8 billion in value, as crypto funds have poured into the surrounding infrastructure. Statistics from the website defipulse.com show that the curre Go to the article

A lot has changed during the last month, as the popular decentralized finance (defi) ecosystem has swelled considerably in value. Since the first week of August, the total value locked in defi jumped over 85% in 27 days from $4.2 billion to $7.88 billion on August 30. The total value locked (TVL) in the decentralized finance (defi) economy is nearing $8 billion in value, as crypto funds have poured into the surrounding infrastructure. Statistics from the website defipulse.com show that the curre Go to the article

The Polkadot token, which recently underwent a redenomination, has seen its value more than double in less than seven days. Now with a reported (but unverified) circulating supply of 897,657,920 tokens, the Dot token claims its place as the fifth-ranked token. At the time of writing, the token traded at $6.23, which translates to a market capitalisation of $5.63 billion. This market capitalisation is just about enough for Dot to displace the Link token from its current position. Coinmarketcap o Go to the article

The price of Bitcoin could now trade sideways for several months to potentially a year, historical data shows. Go to the article

Would a 20% block reward reduction matter in the long run? Go to the article

Jujamcyn Theaters, the operator of five Broadway houses, asserts that it was wrongfully denied insurance coverage after the pandemic forced it to shut down. Go to the article

Using a financial advisor to help with big financial and investment decisions can be costly. But, of course, if you want good advice and are willing to pay for it, the fee can be worth it.That doesn’t mean you have to pay the highest fees. Through a combination of robo and human advising, For those who live in Canada, CI Direct Investing provides personal financial and investment advice at affordable prices. In this article, we’ll review what CI Direct Investing has to offer. Quick SummaryRob Go to the article

The 4d Pharma (LSE: DDDD) share price has surged in value since the middle of July. Shares in the early-stage biotech business have risen around 200% during the past six weeks. The performance has put the company on the radar of most small-cap investors. This improving investor sentiment towards the business could send the 4d Pharma share price even higher in the coming weeks and months. As such, if you’re interested in owning a share of this high-growth small-cap, here’s what you need to know Go to the article

The bank is Australia’s first to sell a bond linked to the UN’s sustainable development goals. It also helps with capitalisation in the event of another banking crisis. Go to the article

In the past, finding a bank that didn't charge a variety of junk fees could be difficult. Thankfully, more and more banks today have joined the "low fee" bandwagon.Online banks have really led the way in offering affordable banking solutions. And the pressure they've created in the marketplace has even influenced some full-service banks to lower their maintenance fees (or the minimum balances required to waive them).If you live in Canada, you have a few good no-fee banking options and Tangerine Go to the article

The ‘Buffett indicator’ signals a stock market crash is coming soon. Here’s how I would prepare for the situation. What is the ‘Buffett indicator’? Famous investor Warren Buffett’s favourite indicator US market valuation indicator divides the Wilshire 5000 Index by the US GDP. In other words, it compares the stock market to the country’s economic output. The economy – US and global – is under almost unprecedented pressure right now. At the same time, the US stock market has recovered.  Wilshire Go to the article

According to an educational video from the International Monetary Fund, cryptocurrencies could be ‘the next step in the evolution of money.’ Go to the article

It is possible to make a passive income stream from UK shares, if you’re willing to be patient. The key is to start buying shares as soon as possible and reinvest all of your dividends for long term growth. This will allow you to make the most of compound interest, which could help you turn a small sum, such as £50, into a sizable financial nest egg. Building a passive income To build a passive income stream from shares, you’ll first need to accumulate a savings pot to invest. The amount you ne Go to the article

Investor options vary... But new technology is changing the game for investors , both beginners and advanced.   

The popular video app, which is owned by a Chinese internet company, said it had been deprived of due process when President Trump moved to block it in the United States. Go to the article

The debt of the United States now exceeds the size of its gross domestic product. That was considered a doomsday scenario that would wreck the economy. So far, that hasn’t happened. Go to the article

The price of yearn.finance’s YFI token surpassed the price of Bitcoin at $16,600. But it is more arbitrary and psychological. Go to the article

The Premier Oil (LSE: PMO) share price fell by more than 20% in early trading on Thursday. The fall came after the North Sea firm reported a $672m loss for the first half of 2020 and announced plans to raise up to $530m by selling new shares. In my last piece on Premier I warned that shareholders buying this stock faced significant risks. Today, I’m going to review the latest figures and explain why I still think this is a stock most investors should avoid, despite the potential for gains. A s Go to the article

Democrats are calling on Louis DeJoy to step down amid concerns that changes already made could disenfranchise voters in November. Go to the article

The 2020 stock market crash presents a great opportunity for stock investors to get rich from UK shares. Not since the market crash of a decade ago have stock investors had a chance like this to buy top-quality British companies at little cost. Market confidence remains low and it can be tempting to sit on the sidelines as the Covid-19 crisis rolls on. Other issues like Brexit and escalating trade tensions between the US and other major economies cast a shadow over the global economy, too. But Go to the article

In the past week Yearn Finance (YFI) rallied 330% to a new high at $12,800 but what’s behind this impressive rally? Go to the article

Two Bulgarian nationals have been charged with the theft of nearly $1.5M in electricity used to illegally operate crypto mining farms. Go to the article

“The outlook for the current financial year ending 27 March 2021 is now expected to be ahead of its previous expectations.”  That’s what meat-focused products producer Cranswick (LSE: CWK) said in today’s first-quarter update. And it underlines the FTSE 250 company’s credentials as a quality UK share. Strong trading The directors said that trading in the first quarter of the financial year to 27 June was “strong”. Revenue rose by almost 25% compared to the equivalent period last year. And exclu Go to the article

A community governed DeFi project sets a new standard for crowdfunding. Go to the article

Bitcoin price continues to meet resistance at the $12K level, will bulls break through it before the weekly close? Go to the article

New Jersey To Become 9th State To Adopt "Universal Mail-In Voting" Tyler Durden Fri, 08/14/2020 - 09:05 It appears media organizations including Bloomberg have corroborated a CNN report published Thursday claiming that New Jersey Gov. Phil Murphy (a former Goldman Sachs executive) is preparing to announce Friday that the state's November election will be conducted mostly via mail-in ballots. The announcement, likely the latest bit of political posturing by a governor wh Go to the article

A dull bitcoin market contrasts with increasing use of the cryptocurrency in DeFi applications. Go to the article

Stock markets have been extremely volatile this year. As a result, a number of FTSE 100 stocks are trading at dirt-cheap prices. Such stocks offer investors the chance of making a million in the long run. The 0.9% interest rate on the top easy-access Cash ISA is never going to make you rich. However, investing in blue-chip FTSE 100 stocks at knockdown prices has the potential to do so. Such stocks could deliver impressive long-term growth in capital and income. So, I’d forget a Cash ISA. Instea Go to the article

The head of blockchain smartphone startup Sirin Labs, was sued over unpaid bills. Go to the article

Commercial Real Estate Bankruptcy Legislation Introduced Tyler Durden Tue, 08/11/2020 - 20:45 Two weeks ago we reproted that "in an uprecedented move, Congress proposes taxpayer-funded bailout Of $550 billion CMBS industry." And now this: according to Chain Store Age, legislation has been introduced that would make "meaningful" temporary changes to bankruptcy laws, related to commercial real estate. The bill, introduced by Sen. Thom Tillis (R-NC) and supported by the Inte Go to the article

Gold prices are on pace to suffer their largest three-day drop since late March as cooling inflation expectations undermine the metal’s store-of-value appeal. Go to the article

Americans Are Continuing To Die From Drinking Hand Sanitizer  Tyler Durden Mon, 08/10/2020 - 15:45 US health officials are still having to verbalize what most would think is only too obvious: don't drink hand sanitizer. During the past two summer months as lockdowns have endured in a number of states, and as large states like Texas and Arizona saw a severe coronavirus resurgence, health officials with the Centers for Disease Control and Prevention (CD) said this week four Go to the article

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Go to the article

"To be effective, the lockdown has to be as comprehensive and strict as possible," Kashkari and Michael Osterholm wrote. Go to the article

The 1958 "Psychological Warfare" Plan Playing Out Before Us Tyler Durden Fri, 08/07/2020 - 22:25 Authored by Annie Holmquist via IntellectualTakeout.org, I recently wrote about an old 1984 interview with former communist Yuri Bezmenov, who described the “ideological subversion” that could eventually take down America. It sounds like the stuff of conspiracy theories - until one realizes that his predictions of “demoralization,” “destabilization,” and “crisis” are all un Go to the article

Although the FTSE 100 has bounced back strongly from its March low, I worry that it may weaken further this summer before it recovers. Indeed, there’s an old expression from the London stock market, which goes: “Sell in May and go away, don’t come back until St Leger’s Day.” This saying comes from the time when the rich would flee unsanitary London during the hot and humid summer months. With traders flocking to their countryside homes, market trading was thin and this led to price volatility. Go to the article

Mentally Ill Professor Invented Bisexual Native American Persona Who 'Died' Of COVID-19 Tyler Durden Fri, 08/07/2020 - 18:45 A former assistant professor who was denied tenure at Vanderbilt University for sending threats to colleagues was busted running a years-long 'hoax' - in which she invented an online persona on Twitter claiming to be an oppressed bisexual, Native American geologist. BethAnn McLaughlin created the persona, @Sciencing_Bi, in 2016 while working as an Go to the article

Monero has experienced its biggest single day gain in hashrate since its creation back in 2014. Go to the article

California authorities recently came out with a fresh cautionary statement on crypto crime. Go to the article

Programmable money can protect against politicians debasing currencies to satisfy their own interests. Go to the article

While lawmakers in Washington debate the terms of another stimulus package and the size of any relief payments, there are steps you can take to craft one on your own. Go to the article

A U.S. startup is setting up a blockchain energy trading pilot in Los Angeles to promote electric van sharing. Go to the article

Payrolls Preview: Just How "Big" Will Friday's "Big Number" Be Tyler Durden Thu, 08/06/2020 - 23:30 Going into tomorrow's July nonfarms payroll, the picture is mixed: The rate of jobless claims rose in the survey week, against expectations it would fall; continuing claims also rose in the reference period, even after stripping out the effect of bi-weekly reporting in some states (subsequent claims data however showed a notable decline in new initial claims). The ADP's priv Go to the article

Investor appetite for UK shares has recovered a bit in recent days. But, broadly speaking, buyer interest remains insipid at best. The FTSE 100 and FTSE 250 have failed to gain any meaningful traction following the rebound of early spring. Serious fears over Covid-19 and US-China trade wars mean any vault higher can’t be expected any time soon. Why not use this as an opportunity to get ahead of the curve? There’s a huge number of top-quality UK shares that are still trading way below value foll Go to the article

Data shows investors who dollar-cost averaged into Bitcoin even since the $20,000 peak are profitable. Go to the article

Data shows investors who dollar-cost averaged into Bitcoin even since the $20,000 peak are profitable. Go to the article

Someone hacked the digital court hearing of the alleged 17-year-old Twitter breacher. Go to the article

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The Canadian Dollar could start to crumble on the back of fresh aluminum tariffs just announced by President Trump, which may jeopardize the USMCA deal, and brings USD/CAD price action into the cro... Go to the article

The Canadian Dollar could start to crumble on the back of fresh aluminum tariffs just announced by President Trump, which may jeopardize the USMCA deal, and brings USD/CAD price action into the cro... Go to the article

Dan Morehead is more conservative in his Bitcoin price predictions than his firm Pantera Capital, though both agree that it will hit $100,000. Go to the article

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Aerospace giant Honeywell will use a blockchain system to streamline the documentation of aircraft parts and services. Go to the article

The appointment of Mathew McDermott means the newest face of blockchain and cryptocurrency on Wall Street isn't a starry-eyed bitcoin evangelist, but a 46-year-old veteran of old-school financing markets. Go to the article

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Study Finds 98 "Long-Term" COVID-19 Symptoms Including Baldness Tyler Durden Wed, 08/05/2020 - 22:10 Epidemiologists readily admit that viruses are chock full of puzzles. And COVID-19 is no exception. Earlier today, Dr. Fauci himself lamented the fact that nearly half of those who get the virus don't see symptoms, which is one reason why young people have been so reckless, purportedly helping to spread the virus. And in a study published recently by the University of Indiana School of Medicine happened on a surprising finding: those who suffer from long-term symptoms of the coronavirus - a group that the researchers nicknamed "long haulers" after a Facebook group where many go for help - can experience all kinds of surprising symptoms, including baldness (for both men and women). The study was conducted by a doctor at the Indiana University School of Medicine and the grassroots COVID-19 survivor group Survivor Corps using a Facebo...

Oppenheimer Asset Management's John Stoltzfus expects a temporary setback to the March 23 rally, but he's not abandoning his bullish stance on stocks. Go to the article

Oppenheimer Asset Management's John Stoltzfus expects a temporary setback to the March 23 rally, but he's not abandoning his bullish stance on stocks. Go to the article

Maker, Synthetix, Band Protocol, and Augur are the top DeFi platforms in terms of developer activity. Go to the article