Month: June 2020

Cardano (ADA) is upgrading from “Byron” over to “Shelley”. According to an announcement from the project: “We’ve been successfully running node v 1.14.2 on the Shelley public testnet for over a week now. And we can confirm that we’ll deploy the new node to the Cardano mainnet… today, 30th June as per the first date
0 Comments
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
0 Comments
A shopper walks with bags of purchases. Pedestrian and vehicular traffic have noticeably increased as businesses mark the next phase of reopening the economy today in New York City. John Lamparski | SOPA Images | Getty Images Consumer confidence rose more than expected in June as the U.S. loosened stay-at-home and quarantine restrictions, raising hope
0 Comments
Adam Jeffery | CNBC Investors should stay bearish on U.S. stocks until the full extent of the economic damage caused by the coronavirus pandemic is known, according to TS Lombard, which warned that investors were over-estimating a quick recovery in U.S. corporate earnings. Charles Dumas, chief economist at the economic research firm, told CNBC Tuesday that ”the
0 Comments
AUD/USD gained some traction following the release of upbeat Chinese PMI prints. The uptick lacked any follow-through amid worries about rising coronavirus cases. A modest pickup in the USD demand further contributed towards capping the gains. The AUD/USD pair failed to capitalize on its early uptick to the 0.6885 region and has now dropped to
0 Comments
Yen and Swiss Franc are trading as the weakest ones for the week so far, partly due to the strong rebound in stock markets overnight. Sterling is following as the next worst performing as traders continue to price in Brexit uncertainties. Yet, it’s unsure which currency is benefiting most from the current developments. Dollar, Euro
0 Comments
June 25, a new class action was filed in California against fintech startup Plaid, which was acquired by Visa for $5.3 billion earlier this year. The plaintiffs allege that Plaid violated privacy and data protections by accumulating and monetizing financial transactions of millions of users. The complaint alleges that the company accumulated this data by
0 Comments
Google is piloting a new way to bring local news about the COVID-19 pandemic to its Google News application. In partnership with regional news publications in select cities across the U.S., the Google News app will now offer a dedicated section in select markets detailing critical information like community reopening timelines, business updates, school openings,
0 Comments
What is the future of the United States I can’t think of two charts that better represent the conundrum of the United States than these two. 1) Coronavirus cases vs the world This chart in various manifestations has gone viral in the past two weeks because it’s damning. The US coronavirus response has been an
0 Comments