On September 2, the crypto market aggregation web portal Coingecko.com published a study that identifies the top ten states in America that are most interested in the two leading digital currencies, bitcoin and ethereum. The team leveraged Coingecko’s page traffic data and found that California captures 43% of the traffic visiting the site’s bitcoin and
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Kwasi Kwarteng, who has been tipped as Britain’s next chancellor, has launched a pre-emptive bid to reassure markets that Liz Truss will not blow a hole in the public finances if, as widely expected, she is named as prime minister on Monday. Kwarteng writes in the Financial Times that although there will need to be
Recently, I had the pleasure of driving many one-way, gravel roads through the countryside to go to Keim Lumber in Charm, Ohio. Charm is very distinct, with more daily traffic from horses and bicycles than from automobiles. As I drove in, I was definitely charmed by the rolling green hills, the new sites, along with
In this article WDAY HUBG MCD INTU MRVL A logo of the McDonald’s restaurant is seen in the window with a reflection of Kremlin’s tower in central Moscow, Russia March 9, 2022. Maxim Shemetov | Reuters Another month has gone by and the market outlook shows no signs of improvement. August began on an upbeat
Sweden will give emergency liquidity support to electricity producers as its prime minister warned that Russia’s decision to halt gas deliveries to Europe could place its financial system under severe strain. Magdalena Andersson said on Saturday that the government would offer hundreds of billions of kroner in funding to electricity producers, who have seen the
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week DC Attorney General sues Michael Saylor and MicroStrategy for tax
Months before the pandemic struck, entrepreneur Joe Chura and his wife, Heather, closed on a snug mountain home north of Lake Tahoe. The Naperville, Illinois, couple fell in love with the area while vacationing. Their timing was impeccable. As COVID escalated, they isolated with their son and youngest daughter, gazing at starry nights, hiking a
Helping investigate a $265,000 hack on decentralized crypto exchange KyberSwap, crypto exchange Binance narrowed down two suspects that seem responsible for the attack. On Sept. 1, Kyber Network succumbed to a frontend exploit, allowing the attacker to make away with $265,000 worth of user funds from KyberSwap. While investigations were underway, KyberSwap offered a 10%
Daniel Acker | Bloomberg | Getty Images Home sellers are getting nervous, as the once-hot housing market cools fast. One in 5 sellers in August dropped their asking price, according to Realtor.com. A year ago that share was just 11%. related investing news In this ‘Bizarro World,’ a soft payrolls report might be what the
Markets are scary right now, and while the situation is likely to worsen, it doesn’t mean investors need to sit out and watch from the sidelines. In fact, history has proven that one of the best times to buy Bitcoin (BTC) is when no one is talking about Bitcoin. Remember the 2018–2020 crypto winter? I
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Check out the companies making the biggest moves midday: Kohl’s — Shares of the retailer jumped 5.64% after a Reuters report that private equity firm Oak Street Real Estate Capital has made an offer to
An Alabama ballot measure would allow local governments to use voter-approved special tax authority that is now reserved for bonds to finance projects on a pay-as-you-go basis. Amendment 6 is one of twelve proposed changes to the state constitution voters will decide Nov. 8. Backers said it would give municipal officials the option to finance
Surging inflation, the rising cost of government debt and Liz Truss’s promises on tax cuts and defence spending will blow a £60bn hole in the public finances by the middle of the decade, according to Financial Times calculations. Although Truss, favourite to be named Britain’s next prime minister on Monday, has said she will stick
The Brazilian Securities and Exchange Commission is reportedly pursuing changes in the country’s legal framework with regard to its regulation of cryptocurrencies. According to local media, one major concern is that the bill in question does not appear to consider tokens as digital assets or securities — and they therefore wouldn’t fall under SEC regulation.
Municipals were steady Friday ahead of a holiday-shortened week where investors will be greeted by two large deals from the states of California and Pennsylvania in an otherwise lackluster new-issue calendar. U.S. Treasuries rallied on the front end of the curve. On Friday the two- and three-year muni-UST ratios are around 67%. The five-year was
In this article ZG A for-sale sign in front of a home listed for more than $1 million on April 29, 2022 in San Francisco. Justin Sullivan | Getty Images Grocery shoppers aren’t the only ones who have to contend with the phenomenon known as “shrinkflation,” which is what happens when the price of something
The Puerto Rico Oversight Board filed suit against Gov. Pedro Pierluisi regarding a labor law it says reduces the island’s economic growth and government revenues. The board is challenging Act 41-2022, which Pierluisi signed earlier this summer. It filed the suit Thursday night in U.S. District Court for Puerto Rico as part of the central
What should be a full pipeline of national projects supported by an influx of federal infrastructure funds is being stymied by a “severe” labor shortage in the construction sector, and government on all levels need to do more to address the problem. That’s the message from the Associated General Contractors of America on the heels
The encroachment of culture wars into the municipal bond market will likely increase, with Texas, which has enacted laws to punish companies for “boycotting” fossil fuel businesses and “discriminating” against the firearm industry, potentially leading the charge. The laws have sidelined some big Wall Street banks from the Texas muni market; the state’s recently compiled
Oregon economists predicted both moderate revenue growth and the possibility of a recession during their September forecast. Economists told lawmakers this week that either way the heady days of overflowing coffers are over. Under the rosier outlook, residents get that kicker rebate if the state forecast of $600 million more revenues than what was forecast