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Cryptocurrencies

“Bitcoin exchange Kraken considers going public after record trading volumes in the first quarter”

“Cryptocurrency exchange Kraken is considering going public through a direct listing in 2022, after seeing record trading volumes and new clients amid a surge in the price of bitcoin. Founded in 2011, Kraken is one the world’s biggest crypto exchanges. It… Continue Reading…

Business, Stocks

“Exxon Rival Could Be First Oil Major To Resume Stock Buybacks”

“BP (BP) announced Tuesday that it likely hit its debt-reduction target in the first quarter, helped by assets sales and rebounding oil prices. BP stock rose.it’s now been more than a year since the coronavirus pandemic hit if you can believe… Continue Reading…

Cryptocurrencies

“Cryptocurrency market value tops $2 trillion for the first time as ethereum hits record high”

“The value of the cryptocurrency market topped $2 trillion for the first time on Monday driven by a rally in ether, the second-largest digital coin… Bitcoin, the biggest digital currency, accounts for over 50% of the entire cryptocurrency market capitalization. Bitcoin… Continue Reading…

Economy

“Biden Eyes First Major Tax Hike Since 1993 in Next Economic Plan”

“President Joe Biden is planning the first major federal tax hike since 1993 to help pay for the long-term economic program designed as a follow-up to his pandemic-relief bill, according to people familiar with the matter. Unlike the $1.9 trillion… Continue Reading…

Precious Metals

“Platinum Soars Past $1,300 an Ounce for First Time in Six Years”

“Platinum surged above $1,300 an ounce for the first time in more than six years on bets that a recovery in industrial demand and stricter emissions rules will tighten supply of the metal. Gold edged lower. Tougher pollution regulations requiring… Continue Reading…

Economy

“Oil breaks above $50 for the first time since February”

“U.S. West Texas Intermediate crude futures, the U.S. oil benchmark, broke above $50 on Tuesday for the first time since February. The move higher marks a steady comeback for oil prices after the coronavirus pandemic and subsequent demand loss sent futures… Continue Reading…

Stocks

“Penny Stocks to Watch for November 2020”

“Lantronix, Inc. (LTRX)  Lantronix, Inc. (LTRX) has popped up in this Investopedia column and in my newsletter several times, and just about every time, it has witnessed considerable gains in value. These have been short-lived, however, so you may want to… Continue Reading…

Business

“ESPN’s week 1 Monday Night Football ratings fall nearly 11%”

“… the New York Giants hosting the Pittsburgh Steelers attracted an average of 10.7 million viewers on Monday’ night the network announced, down 10.8% from last year’s first Monday night game. …The game peaked at 13.1 million viewers around 9:00 p.m.… Continue Reading…

Stocks

“CureVac Stock Soared 249% on Its First Day of Trading…”

“Shares of CureVac, the German biotech specializing in the messenger RNA technology that is the basis of many of the leading Covid-19 vaccine programs, is set to soar on its second day of trading. CureVac shares (ticker: CVAC) were up 42% in… Continue Reading…

Economy

“First-time jobless claims fall below 1 million for the first time since March”

“Another 963,000 Americans filed for regularfirst-time unemployment benefits last week on a seasonally adjusted basis — the first time in five months that number has dipped below 1 million, the Department of Labor said Thursday. It was the lowest number of weekly… Continue Reading…