Public blockchain infrastructure provider Orbs is delivering a next-generation liquidity solution designed to encourage greater defi participation by separating stablecoin pooling from cryptocurrency pooling. Liquidity Nexus Protocol Aims to Forge Better Connections Between Defi and Cefi As decentralized finance (defi) aggressively expands its footprint in the cryptocurrency arena, one of the most significant pain points
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California will have extensive resources to improve its high-speed internet connectivity if a coalition of statewide organizations gets its way. The cross-sector coalition penned a letter to California lawmakers asking that they include $8 billion in one-time funding in the fiscal 2021-22 budget to improve the state’s high-speed broadband infrastructure. The COVID-19 pandemic has underscored
Traders work on the floor of the New York Stock Exchange (NYSE) on March 16, 2020 in New York City. Spencer Platt | Getty Images Wall Street investors largely view higher interest rates as the biggest threat to derail the rally in stocks, according to a new CNBC survey. As a part of CNBC’s Quarterly
Traders work on the floor of the New York Stock Exchange. NYSE April started off with a rally, and the market could continue to notch gains as the month gets underway, strategists say. The U.S. Labor Department’s surprisingly strong March jobs report this Friday showed that there were 916,000 jobs added in March, compared to
For seven straight weeks interest rates have seen increases, with this week being no exception. They landed at 3.18%, per the Freddie Mac weekly report—only a slight rise from last week’s 3.17%. Just two months ago they were under 3%, after a string of decreases leading to the records continually being broken for the lowest
People like to stick with what they know. Your home may be your most valuable asset, but that does not mean it is your best investment, according to CNBC commentator and co-editor of the new book, “How I Invest My Money.” And the equity in your home can be misleading. “It’s really a form of
According to a recent research note by JPMorgan, institutional investors have withdrawn about $20 billion from their gold investments since mid-October and during the same time frame, institutional inflows into Bitcoin (BTC) have increased by $7 billion. The bank said, “any such crowding out of gold as an ‘alternative’ currency implies big upside for Bitcoin
With no short-term solution in sight for the surging network fees, some investors are afraid that Ether (ETH) price could face a correction. The EIP-1559 proposal is set to be bundled with the impending London upgrade, and this will change the gas fee structure, but traders are left to deal with high fees until then.
U.S. employers added the most jobs in seven months with improvement across most industries in March, as more vaccinations and fewer business restrictions supercharged the labor market recovery. Nonfarm payrolls increased by 916,000 last month and February employment was revised up to a 468,000 gain, according to a Labor Department report Friday. The unemployment rate
A police officer died along with the driver of a vehicle that rammed barricades at the US Capitol Building on Friday, provoking a lockdown at the seat of Congress. Yogananda Pittman, acting chief of the United States Capitol Police, said a suspect and one of the force’s officers were dead while a second officer was taken to hospital
Here’re the basics of how to read a stock chart. You’ll see what is the best approach and I’ll make it easy for you to understand what a chart is doing. If you’re beginner, this video will help you with reading stock charts in a simple way, so you can start learning one step at
Kevin Matras goes over a neutral option strategy that’s put on as a credit in your account. It is the perfect strategy during times of market uncertainty.
Bitcoin (BTC) briefly hit $60,000 on April 2 in the latest installment of its slow grind back to all-time highs. BTC price taps $60,000 Cointelegraph Markets Pro and TradingView showed bullish tendencies remaining overnight for BTC/USD, with local highs of $60,110 on Bitstamp. A correction brought the pair down nearer to $59,000, circling $59,500 at
Municipals were steady to slightly stronger Thursday as the market opened with news of an unexpected rise in the weekly jobless claims number and ended by preparing for a long holiday weekend. The bond markets will close Friday at noon ET, ahead of the Easter weekend. The triple-A benchmark scale was mostly stronger across the
In this article NPAUU IRDM AST’s corporate headquarters and high-volume manufacturing facility in Midland, Texas AST & Science Satellite-to-smartphone broadband company AST & Science expects to close its SPAC merger next week, the company said on Thursday. Its stock will trade on the Nasdaq. Last year, the company announced plans to merge with special purpose
Executive Sous Chef Judith Cooper carves a turkey at Rosa Mexicano’s near Lincoln Center in New York City. Alexi Rosenfeld | Getty Images Americans are beginning to return to the workforce in big numbers, and that is likely to show up in the March employment report. Economists polled by Dow Jones expect to see 675,000
You know the drill. Disruption engenders change and, as a result of the current and ongoing market shock driven by the COVID-19 pandemic, change that was already underway has accelerated. Real estate companies have been embracing proptech like never before. However, this change has by no means been uniform across the board. I had a
Pope Francis is using his pulpit to call attention to climate migration. “When we look, what do we see? Many are being devoured in conditions that make it impossible to survive. Forced to abandon fields and shorelines, homes and villages, people flee in haste carrying just a few souvenirs and treasures, scraps of their culture
The United States Supreme Court on Thursday ruled unanimously for Georgia over Florida in a dispute about how the Apalachicola River Basin’s water should be divided up between them. Justice Amy Coney Barrett delivered the opinion. It was not the first time the Supreme Court heard arguments about the case. In 2018 it sent the
US stocks hit a new record, propelled higher by technology shares, while government bonds rallied in the return of a popular pandemic trade that banks on continued social curbs and supportive monetary policy. A rally in tech stocks helped power the benchmark S&P 500 pass 4,000 points for the first time, rising 1 per cent