Author: iannouncethis.com
The financial revolution once promised by cryptocurrencies has been knocked off course by regulators and allegations of fraud. So what does the future hold for crypto? Cypherpunk stills and Eric Hughes interview under creative commons licence: https://econ.st/3Iijagn 00:00 – The crypto party is over 01:06 – The history 03:30 – What is crypto? 04:38 – Uses around the world 06:07 – Layer 2 solutions 07:12 – Web3 08:51 – Data and privacy 10:04 – What is the future of crypto? Sign up to The Economist’s daily newsletter: https://econ.st/3QAawvI Read the special report here: https://econ.st/44XT0JN Silvergate is the latest victim of…
Ryan Lance (R), Chairman and CEO of ConocoPhillips, speaks during CERAWeek, an international energy … [+] conference, by S&P Global, in Houston, Texas, on March 7, 2023. (Photo by Mark Felix / AFP) (Photo by MARK FELIX/AFP via Getty Images)AFP via Getty Images ConocoPhillips (NYSE: COP), a pure-play oil and natural gas producer, is scheduled to announce its fiscal second-quarter results on Thursday, August 3. We expect ConocoPhillips COP stock to trade lower post Q2 with both revenue and earnings missing market expectations. Oil prices have been surprisingly lower than expected at the beginning of this year. However, oil prices…
With the recent surge in the Bitcoin price, many crypto enthusiasts are positive about Bitcoin’s journey toward $100000. Will it happen this year? Or will it take time? In this post, you are going to get a comprehensive analysis of Bitcoin’s current and future trends. Let’s dive in and uncover the truth behind Bitcoin’s journey! Bitcoin Price Action: A Slow and Steady Climb Back in December 2022, BTC found good support at $16,500, which marked the beginning of an upward momentum. Since then, it has been forming higher highs and higher lows on the weekly chart, indicating strong momentum. The…
Hong Kong homeowners own the most valuable property portfolio across England and Wales, worth an estimated £10.8bn in current market conditions, research by London agent Benham and Reeves has revealed. There are 24,759 Hong Kong owned homes across England and Wales, and based on current market values, their property portfolio is worth an estimated £10.8bn today. Singapore nationals rank second in this respect, with 15,725 Singapore owned homes valued at an estimated £7.2bn. The United States of America places third, with American owned homes estimated to be worth £5.1bn in today’s market, while the UAE and China complete the top…
A view of an EVgo EV charging station on July 28, 2023 in Corte Madera, California. Justin Sullivan | Getty ImagesEV charging network operator EVgo on Wednesday reported second-quarter revenue that beat Wall Street’s expectations and posted a narrower-than-expected loss, as more electric vehicle drivers used its network and revenue from its private-label eXtend unit boomed.EVgo also increased its guidance for the full year. Shares were up about 8% in after-hours trading following the report.related investing newsHere are the key numbers from EVgo’s second-quarter report, compared with Wall Street analysts’ consensus estimates as reported by Refinitiv:Loss per share: 8 cents vs. 27 cents…
Mark Grant, chief global strategist at Colliers Securities, joins ‘Squawk Box’ to discuss the current state of equity markets, the original mistakes central banks made across the world, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News…
Inflation and market volatility are making it harder for workers to save for retirement, according to an analysis by Charles Schwab. More than half (62%) of workers see inflation as an obstacle to saving for a comfortable retirement, up from 45% last year. Meanwhile, 42% said stock market volatility is an obstacle. Key Takeaways 62% of workers see inflation as an obstacle to saving for a comfortable retirement.Workers believe they will need $1.8 million in retirement savings.Half of all workers think they might reach their goals, yet 40% of Gen-Xers have no retirement savings at all. Half Think They Might…
Topline Tech stocks suffered their widest losses in months Wednesday as a debt downgrade spooked investors out of riskier assets, causing the fortunes of numerous ultra-rich tech billionaires to take a major hit. Larry Ellison, left, and Elon Musk, foreground, became billions of dollars less rich Wednesday. Getty Images Key Facts The Nasdaq Composite tanked 2.3% by 3:40 p.m. ET, its worst day since February 21; the higher-growth grouping faltered as concerns about the U.S.’ macro conditions mounted. Driving the losses were the seven mega-cap tech stocks which largely contributed to the market’s blockbuster gains throughout 2023, as Apple (down…
Arkham Intel Exchange celebrates a milestone as two brilliant blockchain sleuths successfully claim the first-ever bounty reward for uncovering crucial evidence related to Do Kwon’s elusive crypto wallets. In an exciting revelation, the platform announced on Twitter its acceptance of a submission from these two remarkable “on-chain sleuths,” awarding them a bounty payment of 9,519.2625 Arkham (ARKM), valued at approximately $5,000. Since its launch on July 10, Arkham Intel Exchange has not been without its critics within the crypto community. Some skeptics have labeled the platform as a glorified “snitching service.” Nevertheless, Arkham’s concept has empowered users to post bounties seeking valuable…
Homeowners and the construction industry both need to embrace innovations like microwave heating, according to the organisers Scotland’s Green Home Festival. Two years ago the world’s first microwave powered boiler was unveiled, which uses electricity to heat water rather than gas. Gordon Nelson, Scotland director of the Federation of Master Builders, said: “Our upcoming show on microwave heating is the perfect demonstration of the bravery and innovative thinking that is needed by both the construction industry and homeowners if we are to build a sustainable future for Scotland. “We know that we’ll need a combination of methods to meet both…