Share to Twitter Share to Linkedin Bitcoin and cryptocurrency prices have bounced back following a sell-off that wiped around $1 trillion from the combined crypto market— and after one closely-watched investor called the market bottom . Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains The bitcoin price, dropping this week under $40,000 per bitcoin for the first time since September has climbed to around $43,000—a rise of 5% over the last three days. The ethereum price has also rallied, adding almost 10% and boosting the price of its rivals Binance's BNB, solana and cardano. ADVERTISEMENT Now, legendary investor Bill Miller has revealed 50% of his net worth is held in bitcoin and related crypto investments—branding bitcoin an "insurance policy against a financial catastrophe." Sign up now for the free CryptoCodex —A daily newsletter for the … [Read more...] about Legendary Investor Reveals Huge Bitcoin Bet As The Price Of Ethereum, BNB, Solana, Cardano And XRP Suddenly Soar
Oil price 7 days
Share to Twitter Share to Linkedin Bitcoin, cryptocurrencies and NFTs have had a mixed beginning to 2022, with the bitcoin price recording one of its worst-ever starts to a new year. Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains However, the non-fungible token (NFT) market has gone from strength to strength as marketplace OpenSea generated nearly $2.7 billion in volume since January 1 and is on track for its highest volume month ever. Ethereum and its biggest rivals Binance's BNB, solana and cardano have also struggled along with bitcoin. Now, after an investment giant issued a shock bitcoin prediction , cryptocurrencies and NFTs are braced for some of the biggest names in crypto to come together for the North American Bitcoin Conference—with billionaire investor Mark Cuban set to join crypto-friendly Miami Mayor Francis Suarez on stage. Subscribe now to … [Read more...] about Bitcoin, Crypto And NFTs Are Braced For A Big Week As Extreme Price Swings Hit Ethereum, BNB, Solana, Cardano And XRP
Share to Twitter Share to Linkedin Ether prices climbed today, rising above $3,200 this afternoon and then staying above that level since then. The world’s second-most valuable digital currency by market value climbed to $3,263.35 around noon EST, CoinDesk figures show. Since that time, it has traded within a very tight range, fluctuating between roughly $3,200 and $3,265, additional CoinDesk data reveals. Following these latest price movements, several analysts offered their takes on the cryptocurrency’s recent volatility and its future prospects. [Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.] ‘A Strong Bounce’ “We saw a bounce in the broader digital asset market today,” said Brett Sifling, an investment advisor for Gerber Kawasaki Wealth & Investment Management . “Ethereum had a strong bounce off the … [Read more...] about Ether Prices Bounced Back Today—What’s Next For The Digital Currency?
Share prices of Rivian Automotive ( NASDAQ:RIVN ) briefly fell to $75.13 per share on Friday before closing the session at $79.95 per share. It was the first time Rivian stock dipped below its initial public offering (IPO) price of $78 per share. The sell-off marks over a 55% drawdown from the stock's all-time intraday high of $179.47 per share set on Nov. 16, 2021. Here are arguments for and against buying the electric vehicle (EV) stock now. Image source: Rivian Automotive. Take advantage of inefficient markets Howard Smith : Markets aren't always efficient, and that's how investors can gain an advantage. While Rivian shares have dropped recently in concert with many high-growth tech names, one of the biggest dips came with the news that Amazon ( NASDAQ:AMZN ) was starting a partnership with Chrysler parent Stellantis ( NYSE:STLA ) to supplement its supply of electric delivery vans. Prior to this news, investors only knew that Amazon -- an early … [Read more...] about Rivian Stock Just Fell Below its IPO Price of $78 Per Share: Time to Buy?
Oilmeals export fell 67 per cent to 1.7 lakh tonne in December with Indian products being uncompetitive in the global market, according to industry body SEA. In a statement, the Solvent Extractors’ Association of India (SEA) said 1,70,338 tonne of oilmeals were exported in December 2021 compared to 5,16,006 tonne in the year-ago period. The fall in exports is mainly due to decline in export of soybean and rapeseed meal, it added. The overall export of oilmeals during April-December 2021 fell 28 per cent at 17,66,687 tonne as compared to 24,67,564 tonne in the corresponding period of the previous year. "Soybean crush margins in India are currently squeezed by pressure on meal prices and relatively high price expectation of farmers for soybean seed which is currently quoted over Rs 6,300 per quintal," SEA said. At present, the association pointed out that India is outpriced for soybean meal export. The prices of ex. Kandla are quoted at USD 750 against Brazil origin USD 535 … [Read more...] about Oilmeals export down 67% to 1.7 lakh tonne last month; 28% fall in April-December
General view of a Shell petrol station sign, in Milton Keynes, Britain, January 5, 2022. - A + A SINGAPORE (Jan 17): China may triple electricity generation to supply 60% of the country's total energy under Beijing's carbon-neutral goal by 2060, up from the current 23%, Royal Dutch Shell said on Monday. Shell is one of the largest global investors in China's energy sector, with business covering gas production, petrochemicals and a retail fuel network. A leading supplier of liquefied natural gas, it has recently expanded into low-carbon business such as hydrogen power and electric vehicle charging. In a rare assessment of the country's energy sector by an international oil major, Shell said China needed to take quick action this decade to stay on track to reach the carbon-neutrality goal. China has mapped out plans to reach peak emissions by 2030, but has not yet revealed any detailed carbon roadmap for 2060. This includes investing in a reliable and … [Read more...] about Shell says electricity to meet 60% of China’s energy use by 2060
Thailand has a perfect demographic storm heading its way after two years of very swift change in the local employment market. Whilst people scrambled to find new employment in the early days, and are now gainfully self employed, employers are complaining of acute labour shortages.This problem has been exacerbated by the closure of the borders stopping the flow of migrant labour, mostly from Cambodia and Myanmar, flowing into the country. They all moved back to their countries in the early months of the pandemic.The problem is also being fuelled by a decline in Thailand’s birth rate, and an ageing population.Manufacturers are complaining that they’re trying to get their factories back up to full speed again but they simply can’t find people to fill the jobs.Even Hotel operators are currently struggling to fill vacant positions as they reopen to tourists, according to Marisa Sukosol Nunbhakdi, president of the Thai Hotels Association. She complained that a shortage of good applicants is … [Read more...] about Thailand News Update | Inflation rises up & Labour shortage in Thailand
Share to Twitter Share to Linkedin The fact that we are in the grip of a global energy crisis is now beyond doubt. In the UK there are a slew of energy businesses going into administration, and pleas for government bailouts for energy intensive manufacturers. In the domestic economy, there are spiralling numbers of old people who, having survived Covid-19, are forecast to perish unless the winter is exceptionally mild. In recent months, France has seen some of its fastest growing green energy suppliers lose customers at a rapid rate, as the green premium looks increasingly unaffordable. Hydroption, a supplier of low carbon electricity, has been placed under judicial administration after failing to pay its suppliers and debts. India has suffered too, with shortages of coal in the second half of 2021 leading to outages and curbs imposed on energy hungry industries. In China, companies in the industrial heartlands have been told to limit consumption, and … [Read more...] about Will The Energy Crisis Help Clean-Up Bitcoin?
Table of Contents (Quick Navigation) RAYONG – A 43 year old Canadian man and his Thai girlfriend were killed instantly when the motorcycle they were riding spun out of control when it hit a roadside curb. The couple were flung from the motorcycle and hit a concrete traffic control bollard killing them both instantly, Thai media reported. Police have identified the victims as Canadian Joseph Brian Villeneuve, 43 and Nadda Kaisorn, originally from Khon Kaen province. It is believed that the couple were on their way back from socializing with friends when the accident occurred. It was reported that Villeneuve was on holiday in Thailand and staying in Pattaya. Police in Rayong revealed that both motorcycle victim’s were wearing a helmet. Police investigators said that despite wearing helmets, neither would have survived the crash due to the high speed. Thai police said that Mr Villeneuve was travelling too fast, rounded a corner and front wheel … [Read more...] about Canadian, Thai Girlfriend Killed Instantly in Motorcycle Accident