Author: iannouncethis.com
Long story short, the European Central Bank remains wary, if not a supporter, of Bitcoin, despite the US SEC’s recent approval of the Spot Bitcoin ETF applications. This is based on a blog post by Ulrich Bindseil and Jürgen Schaaf, who advocate for ETF approval for Bitcoin, the naked emperor’s new clothing. This is most likely an indication that Bitcoin’s underlying infrastructure remains unchanged despite one of the most significant advances in the crypto sector. The blog asserted that Bitcoin has failed to deliver on its promise of becoming a global decentralized digital currency, adding that the token or network…
Chancellor Jeremy Hunt is planning to launch a 99% mortgage market scheme, as the Conservatives look to woo younger voters ahead of the general election. The scheme would be reminiscent of the Help to Buy schemes, as the loans would have some government backing. The scheme is likely to be in the Chancellor’s Budget on March 6. Simon Gammon, managing partner at Knight Frank Finance, said: “The popularity of the scheme will depend on how the lenders opt to price these mortgages. If they are competitive, take up will be substantial, but getting rates competitive will require the government to…
Berkshire Hathaway Chairman Warren Buffett began his annual missive to investors on Saturday with a touching tribute to his longtime business partner, Charlie Munger, whom he credited as the conglomerate’s “architect.”Buffett also lamented the difficulty of picking new investments for a company of Berkshire’s size and said he has no intention of buying the rest of Occidental Petroleum in which it held a nearly 28% stake at the end of 2023. He also offered an update on the success of Berkshire’s insurance business as well as its investments in Coca-Cola, American Express and five Japanese trading houses and detailed troubles…
Current Assets vs. Noncurrent Assets: An Overview Current assets are cash or cash equivalents, inventory, marketable securities, or any other asset that can be converted to cash within one year. Current assets let businesses pay their short-term debts and liabilities and fund day-to-day operations. Noncurrency assets are real estate, trademarks, and other long-term investments. These are not as liquid as current assets because they generally take longer than a year to convert to cash. Key Takeaways Current assets are a company’s short-term assets; those that can be liquidated quickly and used for a company’s immediate needs. Noncurrent assets are long-term…
It’s been a wild year for the property market; with buyers, sellers and renters allhit by an unpredictable property market. So what exactly can we expect from the new year? Eliza Owen, Head of Residential Research Australia at CoreLogic, explains. Subscribe: https://bit.ly/ProjTV-Sub Welcome to the YouTube home of The Project, we think you’re going to like it here! Watch full episodes of The Project here: https://10play.com.au/theproject Check us out on Facebook: https://www.facebook.com/TheProjectTV/ And Instagram: https://www.instagram.com/theprojecttv Why not Twitter too: https://twitter.com/theprojecttv #TheProjectTV #Property #RealEstate source
The stock market can be fickle, and it doesn’t always reward the pioneers of a new technology over the long term. That is one important lesson from the telecom bubble of the late 1990s and early 2000s that investors in the artificial-intelligence boom of today would be well-served to remember, according to Deutsche Bank analyst Jim Reid. Reid rattled off a list of potential similarities, and obvious differences, between the two periods in a recent missive to clients that was shared with MarketWatch. See: 3 things could pop megacap stock bubble — and ‘weigh heavily’ on broader market One important…
Willy Woo, an on-chain Bitcoin (BTC) analyst, is sounding the bullish alarm, citing strong demand and dwindling supply as reasons for optimism. Taking to X, Woo noted that Bitcoin soaks in an average of $607 million daily as an asset in new investor demand. In comparison, only $46 million of new supply is being created through mining. Bitcoin Receives Over $607 Million In Value Everyday, What Happens After Halving? The Bitcoin network is a proof-of-work platform reliant on miners for security and decentralization, rendering its transactions censorship-resistant and global. Though there are concerns about centralization, it appears that the broad…
Technology infrastructure specialist NCG has appointed Christopher Baldock as its new chair. Founded in 2019, NCG is an internet service provider (ISP) and master systems integrator. The company provides holistic tech solutions for the built environment, servicing real estate, urban logistics and enterprise customers across the UK and Europe, as well as managing end-to-end energy transformation projects to enable organisations to transition to renewable energies. Baldock has more than 40 years of experience working in senior roles across the technology, telecoms and energy sectors. Having been a sales and marketing director for Motorola Solutions and Atlantic Networks in the 1980s,…
Nvidia Corp. is poised to become only the third U.S. company to fetch a closing market value above $2 trillion, as its recent earnings fueled new appreciation for the company’s positioning and opportunity. The chip stock NVDA, -0.97% was ahead 4.2% to $818 shortly after Friday’s open. Any finish above $800 would give Nvidia a $2 trillion closing market capitalization. The company first finished with a $1 trillion market value on June 13, 2023. Were it to close in $2 trillion territory Friday, Nvidia would have the quickest ascent between those two milestones, according to Dow Jones Market Data. Friday…
Listen to this story. Enjoy more audio and podcasts on iOS or Android.Your browser does not support the <audio> element.Business has never been better for America’s tech giants. After slumping in 2022, the combined market value of Alphabet, Amazon, Apple, Meta and Microsoft has surged by 70%, to over $10trn, since the start of 2023 amid the hype over artificial intelligence (AI). The technology has also propelled others into the industry’s upper echelons. On February 21st Nvidia, an AI-chip champion, reported that its sales rocketed by 265%, year on year, in the quarter to January. Its market value has risen…