Market Console

Top UK fund manager Nick Train doesn’t buy shares lightly, so when he does take a position in a FTSE 100 stock, it’s worth paying attention. Especially when it’s a stock you already admire. Train is best known as being one half of the successful Lindsell Train fund manager partnership, along with Michael Lindsell. He also runs one of the most successful investment trusts in the equity income sector, Finsbury Growth & Income Trust. This has returned 55% in the last five years, mostly from FT Go to the article

The Chicago Mercantile Exchange (CME) has become the second-largest derivatives market for bitcoin futures in terms of open interest. The popular exchange has seen an influx of demand since the recent Paypal announcement and the Bitmex debacle as well. Data shows that the Bitcoin Mercantile Exchange (Bitmex) open interest for bitcoin futures has taken a dive since it was charged with illegally operating in the United States. CME Group’s rise in open interest began on Oct. 10, as Skew.com report Go to the article

Crypto-asset broker Voyager Digital Ltd is buying LGO Markets, a French cryptocurrency exchange focused on corporate investors. The two firms will merge under one brand, Voyager, and their two separate native tokens, VGX and LGO, will also merge. The deal grants Voyager, a Canadian Securities Exchange-listed (CSE) firm, access to the European retail market through LGO’s Virtual Asset Service Provider licence held with the French financial regulator, industry media reports. LGO will cease to conc Go to the article

Crypto-asset broker Voyager Digital Ltd is buying LGO Markets, a French cryptocurrency exchange focused on corporate investors. The two firms will merge under one brand, Voyager, and their two separate native tokens, VGX and LGO, will also merge. The deal grants Voyager, a Canadian Securities Exchange-listed (CSE) firm, access to the European retail market through LGO’s Virtual Asset Service Provider licence held with the French financial regulator, industry media reports. LGO will cease to conc Go to the article

Crypto-asset broker Voyager Digital Ltd is buying LGO Markets, a French cryptocurrency exchange focused on corporate investors. The two firms will merge under one brand, Voyager, and their two separate native tokens, VGX and LGO, will also merge. The deal grants Voyager, a Canadian Securities Exchange-listed (CSE) firm, access to the European retail market through LGO’s Virtual Asset Service Provider licence held with the French financial regulator, industry media reports. LGO will cease to conc Go to the article

Digital Currency Group (DCG) recently published the firm’s “State of Crypto 2020” report which polls more than 150 portfolio crypto companies. According to the study, 75% of the respondents believe the value of their business has grown this year, while 50% of the startups have seen outperforming start-of-year projections. The state of the cryptocurrency industry is growing according to Digital Currency Group’s (DCG) latest report. The study surveyed over 150 DCG portfolio companies’ executives i Go to the article

The price of bitcoin touched new highs in 2020 and a number of supporters are optimistic that the crypto asset’s value will drive higher. In addition to this year’s bitcoin price high, around eight different countries have seen bitcoin touch all-time highs (ATH) in their local currency. The bitcoin ATHs in these countries show how rampant inflation has ravaged these currencies a great deal during the last year. 2020 has been a hard year as far as the global economy is concerned, and the nation s Go to the article

Critics say the agency has applied scant oversight and negligible penalties despite virus outbreaks at many plants in the spring. Go to the article

An unlikely collection of lawyers, activists, economists and academics is fueling the tech backlash, armed with funding from billionaire sponsors. Go to the article

The total lifetime NFT volume on the Ethereum blockchain alone has exceeded $120 million. Go to the article

On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair Jerome Powell. The Fed Chair says as far as a U.S.-issued CBDC is concerned, it is “more important to get it right than to be first.” The IMF held a virtual panel that discussed digital currencies and Go to the article

As the global economy shudders from the disastrous effects of central planning, the International Monetary Fund (IMF) managing director in Washington, DC, Kristalina Georgieva is calling for a “new Bretton Woods moment.” Georgieva spoke about the juncture on October 15, and she stressed today’s economic hardships are the same as the difficulties the world faced at the end of World War II. Free market advocates on social media and forums believe the IMF managing director’s recent Bretton Woods sp Go to the article

Aston Martin Lagonda (LSE: AML) has been one of the worst IPO investments I can remember. Since flotation, the shares have lost around 90% of their value. Many stocks are suffering as a result of the Covid-19 pandemic, and we have no exception here. The Aston Martin share price is down 70% in 2020. That fall, though, is only a small portion of the full slump. Rescuer Lawrence Stroll has now stepped in and invested a lot of his own cash. And Tobias Moers has taken over as chief executive. Mr Moe Go to the article

Bitcoin volatility has fallen to a 16-month low, signalling that a sharp move in BTC looms. Go to the article

Times are tough for companies that depend on people eating and drinking while they’re out and about. The two UK shares I’m looking at today represent businesses I’ve admired for years. Yet both companies have lost more than 40% of their value so far this year. Given this, I’ve been taking a closer look to find out if these shares are now too cheap to ignore. Sales could bounce back in 2021 Pub stocks have been among the worst performing UK shares this year. Today’s full-year results from pub ch Go to the article

There’s a mining contract scheme people are discussing and making the rounds on the web called “Mining City” or “Bitcoin Vault.” The Philippines SEC recently put out a warning against the operation and the alleged masterminds behind the project. One thing is for sure, there’s been a number of crypto Ponzi operations over the years, and they typically attract a lot of users before they crumble. However, as the story goes with any pyramid scheme when the project crashes, only the top leaders make Go to the article

A Nigerian protest group called Feminist Coalition is asking well-wishers to make donations via bitcoin after authorities reportedly blocked the organization’s bank account. Feminist Coalition is one of the many groups spearheading protests against alleged police brutality by a Nigerian police unit, the Special Anti-Robbery Squad (SARS). Before the blockade of the bank account, Feminist Coalition says it had used donations raised through the account to fund 90 protests across the country. By cl Go to the article

The Hong Kong-based crypto exchange Gate.io has launched a new type of hardware wallet that features fingerprint recognition. The device supports over 10,000 cryptocurrencies with wallet.io and multi-signature functionality with over 40 public chains. The well known cryptocurrency exchange, Gate.io, has announced the launch of the S1 hardware wallet that supports multi-signature functionality and a unique way to keep funds secure. The S1 device is different because it comes with fingerprint reco Go to the article

The Hong Kong-based crypto exchange Gate.io has launched a new type of hardware wallet that features fingerprint recognition. The device supports over 10,000 cryptocurrencies with wallet.io and multi-signature functionality with over 40 public chains. The well known cryptocurrency exchange, Gate.io, has announced the launch of the S1 hardware wallet that supports multi-signature functionality and a unique way to keep funds secure. The S1 device is different because it comes with fingerprint reco Go to the article

The Hong Kong-based crypto exchange Gate.io has launched a new type of hardware wallet that features fingerprint recognition. The device supports over 10,000 cryptocurrencies with wallet.io and multi-signature functionality with over 40 public chains. The well known cryptocurrency exchange, Gate.io, has announced the launch of the S1 hardware wallet that supports multi-signature functionality and a unique way to keep funds secure. The S1 device is different because it comes with fingerprint reco Go to the article

The Bank of England has moved closer to adopting a negative interest rate policy. The central bank has asked commercial banks in the U.K. to provide details of how ready they are to deal with negative interest rates, asserting that for the policy to be effective, commercial banks need to be ready to implement it. Bank of England Engages Commercial Banks on Negative Interest Rates The Bank of England has asked commercial banks how ready they are to implement negative interest rates. This followed Go to the article

The Bank of England has moved closer to adopting a negative interest rate policy. The central bank has asked commercial banks in the U.K. to provide details of how ready they are to deal with negative interest rates, asserting that for the policy to be effective, commercial banks need to be ready to implement it. Bank of England Engages Commercial Banks on Negative Interest Rates The Bank of England has asked commercial banks how ready they are to implement negative interest rates. This followed Go to the article

If you want to make a million from investing in UK shares, you need a plan. Then you need to stick to it, throughout your working life. If you dedicate yourself to the task of building your wealth, you may be surprised how far you get. The stock market crash makes now a good time to get started, as many top FTSE 100 shares are trading at bargain prices. Although the truth is, if you want to make a million, you have to invest through thick and thin. Whenever you have the money, basically. Here’s Go to the article

BitBay went down at approximately 4:28 PM UTC today. Go to the article

Six stimulus packages have been proposed to provide second stimulus checks for Americans. The latest proposal came from the White House on Friday. Several stimulus bills are being discussed as Americans hope to soon receive another round of direct payments to help them through the coronavirus pandemic-led economic crisis. 6 Stimulus Packages Proposed With Second Round of Stimulus Checks Americans are waiting for Congress to pass a stimulus package with direct payments as many are suffering due t Go to the article

Despite this article’s snappy headline, I don’t think you should literally forget the State Pension. Indeed, the government’s provision for your finances in your senior years can form an important part of your retirement planning. So, whatever you do, don’t forget to claim it when the time comes! The State pension age is changing However, the time for claiming the State Pension is moving further away, as previously flagged by the government. The days of getting it at age 65 are gone. Those reti Go to the article

In the last few months the non-fungible token (NFT) art space has exploded and data shows that there’s been over 4.9 million sales worth well over $128 million to-date. This week I decided to create an Ethereum-based NFT leveraging the application rarible.com, in order to show our readers how to issue an NFT collectible or a series of rare pieces. Non-fungible tokens (NFT) are very popular right now and one particular NFT called “Block 21” shattered records at a public auction at Christie’s New Go to the article

Despite this article’s snappy headline, I don’t think you should literally forget the State Pension. Indeed, the government’s provision for your finances in your senior years can form an important part of your retirement planning. So, whatever you do, don’t forget to claim it when the time comes! The State pension age is changing However, the time for claiming the State Pension is moving further away, as previously flagged by the government. The days of getting it at age 65 are gone. Those reti Go to the article

Cryptocurrency markets are seeing decent gains on Friday following the announcement Square made the day prior about purchasing $50 million worth of bitcoin for reserves. During the morning trading sessions, the overall market capitalization of all 7,000+ crypto assets is up over 2% hovering at $340 billion. Digital currency markets are doing well on October 9, as a number of the top crypto markets have seen 24-hour gains. The positivity increased on Thursday, when the publicly listed firm, Squar Go to the article

The Financial Conduct Authority (FCA) ban on crypto derivatives sales to retail investors has set tongues wagging. It is no mystery. After a consultation process that closed Oct. 3, 2019, with 97% of participants opposed to the prohibition, the U.K. financial regulator still proceeded to issue the ban, completely disregarding the overwhelming public input. In its defence, the FCA claims to be protecting consumers and “enhancing the integrity” of the British financial system. But many within the Go to the article

The stock market crash could provide long-term investors with opportunities to buy cheap UK shares. Many FTSE 100 and FTSE 250 stocks have failed to recover from their declines earlier this year. As such, they may produce impressive returns in the coming years. With that in mind, here are two FTSE 100 shares that could be worth buying today in a tax-efficient account, such as an ISA. They could make a positive impact on your retirement plans in the coming years. An undervalued stock among cheap Go to the article

Former Member of the European Parliament Godfrey Bloom has bought his first bitcoin. The British politician is famed for numerous controversial views, such as calling the entire banking system a scam and the state an institution of theft. Godfrey Bloom Now Owns Bitcoin Godfrey Bloom is a British politician who served as a Member of the European Parliament (MEP) for Yorkshire and the Humber from 2004 to 2014. He was elected for the U.K. Independence Party but later served as an Independent. Bloom Go to the article

Check out this week’s Bad Crypto podcast. Go to the article

Since the stock market crash, some UK shares have delivered sound recoveries. While they may now not be among the cheapest shares available to buy in the FTSE 100 and FTSE 250, in many cases they continue to trade at attractive prices. This suggests that they could post further share price growth in the long run. With that in mind, here are two FTSE 100 stocks that appear to offer good value for money. They could improve your long-term financial prospects through delivering rising bottom lines Go to the article

Since the stock market crash, some UK shares have delivered sound recoveries. While they may now not be among the cheapest shares available to buy in the FTSE 100 and FTSE 250, in many cases they continue to trade at attractive prices. This suggests that they could post further share price growth in the long run. With that in mind, here are two FTSE 100 stocks that appear to offer good value for money. They could improve your long-term financial prospects through delivering rising bottom lines Go to the article

Onecoin victims have joined a consortium that wants the European Parliament to consider a petition seeking the establishment of a compensation fund. The envisioned EU-administered fund will function as an insurance kitty for current and future victims of all crypto fraud. The petitioners are proposing the levying of an “unnoticeable” fee of 0.0001 cent per €1 on all crypto-asset transactions conducted on EU territory. Explaining the pivot towards the European Parliament, the victims’ lawyer, Jo Go to the article