Author: FX

© Reuters. Bitcoin: the Digital Gold – Positives for 2023 We’ve made it to the fifth article in DailyCoin’s “12 Days of Cryptomas” holiday feature, and this is sure to be a topic on everyone’s Christmas list. As most of our readers will know, “on the fifth day of Christmas, my true love gave to me five golden rings.” What could be better than that? Five digital golden rings. Bitcoin’s status as digital gold is irrefutable. Being scarcer than its metallic counterpart and providing a better hedge against inflation, fits the bill to be the crypto industry’s “Five Golden Rings.”…

Jemal Countess/Getty Images Entertainment One of the leading scientists who helped shape messenger-RNA-based vaccine technology is not entirely convinced of its potential against cancer, even after groundbreaking data from Moderna (NASDAQ:MRNA) and Merck (NYSE:MRK) to prove the concept. In 1980, biochemist Dr. Katalin Kariko while working on her PhD in her home country Hungary was confident that mRNA molecules could be used to train the body to manufacture its own medicines. Decades later, in response to a raging pandemic, Pfizer (PFE)/ BioNTech and Moderna (MRNA) developed COVID-19 vaccines in record time, helping to save millions of lives and keep tens…

Recommended by Daniel Dubrovsky Get Your Free Top Trading Opportunities Forecast Market volatility remained the focus this past week. On Wall Street, the Dow Jones, S&P 500 and Nasdaq 100 fell about 1.8%, 2.3% and 2.9%, respectively. Things were not looking much better in Europe. The DAX 40 and FTSE 100 sank roughly 3.3% and 1.5%, respectively. In the Asia-Pacific region, the Nikkei 225 and Hang Seng Index dropped 1.7% and 2.3%, respectively.This was despite a softer US inflation report for November. The focus remained on central banks instead. The Federal Reserve delivered a 50-basis point rate hike and continued…

© Reuters. FILE PHOTO: Employees handle packages at an Amazon logistic center in Mannheim, Germany, September 17, 2019. REUTERS/Ralph Orlowski BERLIN (Reuters) – German union Verdi on Sunday called on workers at Amazon (NASDAQ:) warehouses across Germany to support rolling strikes in coming days in a protest over pay, aimed at maximising disruption to the online retailer’s pre-Christmas business. The union said that, in response to pay hikes that had lagged inflation, it had called on workers at seven German distribution centres to down tools unannounced in strikes that would alternate between different locations. Germany is Amazon’s biggest market after…

Dimensions/E+ via Getty Images Consumers are looking more miserly than expected into the year end, according to Wall Street channel checks. Nearly across the board, analysts are voicing concerns on consumer belt-tightening, coupled with a shift away from goods consumption. While e-commerce spending was noted as on the rise nominally, as reflected in Adobe Black Friday sales data, inflation dampens enthusiasm on that front. Meanwhile, retail sales data overall indicates brick and mortar spending is slowing substantially as well. “Inflation is pinching consumers at a record level, credit is harder to find, while job strength is the only thing better…

4/4 © Reuters. A health worker registers a resident for a nasal spray COVID-19 booster vaccine in Beijing, China December 17, 2022 in this still image obtained from a video. REUTERS TV/via REUTERS 2/4 By Siyi Liu and Eduardo Baptista BEIJING (Reuters) -Streets in major Chinese cities were eerily quiet on Sunday as people stayed home to protect themselves from a surge in COVID-19 cases that has hit urban centres from north to south. China is in the first of an expected three waves of COVID cases this winter, according to the country’s chief epidemiologist, Wu Zunyou. Further waves will…

© Reuters. BNB’s Price Moves up Over the Last 2 Days; Binance FUD Over? Binance Coin’s price is up 6.94% over the last 24 hours.BNB has also strengthened against BTC and ETH.Daan Crypto Trades shared that BNB’s open interest is at April 2021 levels. Crypto investors and traders looking at the prices of (BNB) and Binance USD (BUSD) may start to think that the FUD surrounding the largest crypto exchange by trading volume has come to an end. BNB has gained 6.94% over the last 24 hours according to CoinMarketCap. Meanwhile, BUSD still maintains its peg with the U.S. dollar.…

© Reuters. FILE PHOTO: A North Korea flag flutters next to concertina wire at the North Korean embassy in Kuala Lumpur, Malaysia March 9, 2017. REUTERS/Edgar Su SEOUL/TOKYO (Reuters) -North Korea fired two ballistic missiles towards the sea off the Korean Peninsula’s east coast on Sunday, South Korea’s military said. Japan’s Vice Defence Minister Toshiro Ino said the North Korean-fired ballistic missiles seemed to have landed outside Japan’s exclusive economic zone (EEZ). The missiles flew to an altitude of 550 kms (342 miles) and covered a range of 250 kms (53 miles), according to the Japanese Defence Ministry. Ino said…

The total cryptocurrency market capitalization dropped 8.1% in the past two days after failing to break the $880 billion resistance on Dec. 14. The rejection did not invalidate the 4-week-long ascending channel, but a weekly close below $825 billion will confirm a shift to the lower band and reduce the support level to $790 billion.Total crypto market cap in USD, 12-hour. Source: TradingViewWeekly winners and losers among the top 80 coins. Source: NomicsPerpetual futures accumulated 7-day funding rate on Dec. 16. Source: CoinglassBTC options volume put-to-call ratio. Source: laevitas.chContinue Reading on Coin Telegraph Source link

Scott Olson/Getty Images News An investor in Elon Musk’s $44 billion takeover of social media giant Twitter (TWTR) confirmed that a representative for the billionaire recently reached out to him about investing in the company. Ross Gerber, president and CEO at Gerber Kawasaki Wealth & Investment Management, who’s also an investor in Tesla (NASDAQ:TSLA), said a representative for the Tesla CEO reached out to him on Thursday about investing in Twitter at the same price Musk paid for the company, $54.20 a share, according to various media reports on Friday. Gerber told the WSJ that he originally invested about $1…