Bitcoin hits ATH in multiple countries. Has the bull run already begun?
Key pointsBitcoin eyes $60K, $5K shy from its ATHIs the crypto bull run already here? Key points Satoshi Nakamoto’s selfless invention Bitcoin, has hit ATH in multiple countries as it eyes $60K. Bitcoin’s ATH in USD is $65K a figure that is now in a close range...
Essential Accounting Skills for Effective Personal Financial Management
Introduction:Conclusion: Introduction: Personal financial management is a crucial aspect of our daily lives, requiring a set of skills to ensure financial stability and success. While many may associate accounting with businesses, the principles of accounting are...
Navigating the Bull Run: A Comprehensive Guide on Building a Successful Crypto Portfolio
Introduction:Building a Successful Crypto PortfolioConclusion: Introduction: The cryptocurrency market is renowned for its volatility, and when a bull run is on the horizon, opportunities abound for savvy investors. However, success in this space requires a strategic...
A Comprehensive Guide on How to Save Money for Big Financial Goals
Introduction:How to Save Money for Big Financial GoalsConclusion: Introduction: Saving money for significant financial goals requires a thoughtful and disciplined approach. Whether you're planning to buy a home, fund your education, start a business, or retire...
UK economy struggles as inflations continue to bite hard
Key Points UK’s Gross Domestic Product has shown no growth in Q3 2023 after registering a slight rise of 0.2% in Q2. The UK Finance Minister now decries high inflation, blaming it as the “greatest barrier” to their economic growth. Inflation rates in the UK are still...
Banking
More pain as Turkey Central Bank raises rates to 15%
On Thursday, the Central Bank of Turkey delivered another large interest rate hike to battle the overshadowing inflation rise. The move signals a shift towards more conventional economic policies to counter the sky-high inflation rates following the criticism that Tayyip Erdogan had led to higher living costs.
More pain as Eurozone stocks fall ahead of BoE rate hike decision
Eurozone has received news on the necessity for further rate hikes in a sour way making the stocks plummet as they await today’s decision from BoE. The Benchmark Stoxx 600 was down 0.92% at the open Thursday markets, with all sectors trading in the red.
Central Banks differ in taming inflation and dealing with recession fears
Central Banks worldwide have showcased commitment to dealing with wild inflation and evading possible reversed GDP growth. These efforts are necessary as costs of living are increasing in the short term, and if no action gets taken, they could go wild in the future, crippling the basic functioning of the economies in question.
Britcoin launch inches closer as Rosalind CBDC tests prove successful
Brits are set to receive Britcoin, a Central Bank Controlled Digital Currency (CBDC), as the Bank of England gets wowed by the potential of digital currencies. Following a successful trial study called Project Rosalind, BoE is more confident than ever in the functionality of Britcoin.
Digital dollar could trigger a bank run: Treasury Official
A digital dollar is still not sitting well with treasury Official Graham Steele on worries that it could very well trigger bank runs. Steele thinks that the in-research digital dollar could encourage further withdrawals from banks, weakening an already shaken system.
China reverses policy rate as post-Covid recovery slows down
China is in for an easier time as the People’s Bank of China (PBOC) reverses key monetary policies. The bank cut a key short-term policy following disappointing data from the economy after the nation failed to rise as expected following the Covid-19 reopening.
Finance
Europe stocks open higher after U.S. annual inflation falls below expected levels
Europe stocks have opened higher, with Stoxx 600 up 0.67% at 13:20 London time on July 13. The tech stocks were also up 1.5%, with almost each other sector trading in green.
40 easy ways to earn free gift cards
Earning free gift cards can be a great way to save money or treat yourself to something special. Here are 40 easy ways to earn free gift cards
Reprive for US markets as CPI data comes with inflation at 3%
US CPI data has been released, sending more fear of further hikes in the markets. The US CPI has risen to 305.11 points in June from 304.13 points in May, with the housing sector being the highest contributor to the increase, with an over 70% increase in its index.
Bank of England warns UK Mortgage pain is set to continue through to 2026
UK mortgage financing is set to become harder for middle and struggling social classes as inflation worsens and BoE projects hikes of up to $645 in monthly payments.
More pain as mortgage rates hit 15-year high record in Britain
Mortgage rates are spiking in Britain following tough economic times and decisions from the European Central Bank and the Bank of England. The country has been experiencing record-high inflation rates that have necessitated the introduction of higher bank rates, which have raised living costs.
US Treasury yields fall as investors wait for key economic data
US treasury yields have back slides as investors await key economic data that could impact the Federal Reserve monetary policies.
Technology News
Elon Musk meets with India’s Prime Minster for business deliberations
Elon Musk has met with India’s Narendra Modi for deliberations on business and investment opportunities as he gears up to invest in the country. The meeting occurred on June 21, 2023, days after he visited France, Italy, and China for similar purposes.
US government agencies hit by a global cyberattack
The US government is investigating the impacts of a massive countrywide cyber attack that has targeted several of its official agencies. The US Cybersecurity and Infrastructure Security Agency says it is supporting several federal agencies that have experienced intrusions affecting their MOVEit applications.
EU lawmakers pass the first comprehensive artificial intelligence rules
EU leads the world in regulating artificial intelligence by passing the first comprehensive set of regulations. The new rules will monitor how generative AI like GPT4 is built and released commercially.
France invites Elon Musk to build a Tesla factory though it threatens Twitter
France Digital Minister Jean-Noel Barrot hints that the country is planning to convince Elon Musk to invest in the next Tesla Gigafactory there. Barrot made these statements in an interview with a CNBC Journalist on June 14 though she also noted that if his Twitter platform does not comply with the upcoming EU Digital Services Act, it will get banned.
Podcast
Around the Block With Jefferson Nunn – Interview With Carlos Gutierrez from Fayre Labs.
In the newest edition of "Around the Block With Jefferson Nunn," Jefferson interviews Carlos Gutierrez. Carlos Gutierrez is a Creative Product Manager, bridging the gap between Art & Tech. He is a consultant at Fayre Labs, building NFT products and strategies for...
Around the Block With Jefferson Nunn – Interview With Frank Ricotta from BurstIQ.
In the newest edition of "Around the Block With Jefferson Nunn," Jefferson interviews Frank Ricotta. Frank is a CEO of BurstIQ, a Denver-based blockchain company, and an impact entrepreneur with more than 30 years of experience.
Around the Block With Jefferson Nunn – Interview With Allen Taylor – Freelance Journalist/Content Writer
In the newest edition of "Around the Block With Jefferson Nunn," Jefferson interviews Allen Taylor. Allen Taylor is a freelance writer and author of Cryptosocial: How Cryptocurrencies Are Changing social media. He is an award-winning journalist, and a former newspaper...
Around the Block With Jefferson Nunn – Interview With Daniel Sloan from Future Tech.
On the newest edition of "Around the Block With Jefferson Nunn," Jefferson interviews Daniel Sloan of Future Tech. Daniel Sloan is a recognized leader in the blockchain/crypto space who started in the Information Technology industry in 1995 and has built multiple...
I will back the U.S. Dollar with Bitcoin if elected President- Robert F. Kennedy
Key points Robert F. Kennedy Jr has communicated that he intends to back the U.S. Dollar with Bitcoin if elected President. Robert F. Kennedy has been vocal about Bitcoin, calling it a “defense against the manipulation of money supply.” Presidential candidate Robert...
DeFi tokens post strong performance in a month full of regulatory uncertainties
Key Points The Decentralized Finance sector is performing well amid regulatory uncertainties. DeFi tokens have shown some of the highest gains among other cryptos as regulators increase their oversight. Decentralized Finance (DeFi) tokens have posted strong gains amid...
Valkyries BRRR spot Bitcoin ETF 2023 to be reviewed by the SEC
Key Points Valkyries BRRR spot Bitcoin ETF is now officially under the US SEC review process after the regulator expressed that it had been satisfied with the filing. This ETF was named ‘BRRR’ after a popular meme in the Bitcoin community that refers to the money printer sound. Valkyries BRRR spot Bitcoin ETF accepted for […]
Multichain Bridge’s recklessness attracts controversy
Key PointsMultichain Bridge mismanagement stirs the potAftershock events of the Multichain Bridge meltdown Key Points The crypto community has expressed disdain over poor management and centralization in the Multichain crypto ecosystem. Multichain experienced a series...
Hot Stories
A Comprehensive Guide on How to Save Money for Big Financial Goals
Introduction:How to Save Money for Big Financial GoalsConclusion: Introduction: Saving money for significant financial goals requires a thoughtful and disciplined approach. Whether you're planning to buy a home, fund your education, start a business, or retire...
UK economy struggles as inflations continue to bite hard
Key Points UK’s Gross Domestic Product has shown no growth in Q3 2023 after registering a slight rise of 0.2% in Q2. The UK Finance Minister now decries high inflation, blaming it as the “greatest barrier” to their economic growth. Inflation rates in the UK are still...
MoonDAO announces sweepstakes for a second ticket to Space
Key Points MoonDAO is offering its second ticket to take another DAO-voted member into Space via Jeff Bezos's company, Blue Origin. MoonDAO sent the first DAO-voted member into Space in August 2022 and is now back with similar pursuits. In August 2022, MoonDAO...
Scalability debate reignites as ETH and BTC gas fees surge with price rises
Key Points Bitcoin has broken an 18-month high by trading at over $37,500 on Nov 9. ETH has also been surging in prices, but so is its gas fees. Over the past 24 hours, it breached the $200 mark for given high-priority transactions, igniting debate on scalability...
Standard Chartered venture arm eyes setting up a crypto fund in UAE
Key Points Global banking giant Standard Chartered is eyeing setting up a crypto fund in the United Arab Emirates. The disclosure comes days after the UAE issued guidance on crypto regulation requiring VASPs to be licensed to increase the transparency of financial...
Unveiling the Dynamics of Spot Market ETFs: A Comprehensive Guide
Introduction: In the ever-evolving landscape of investment opportunities, Exchange-Traded Funds (ETFs) have emerged as a versatile and popular choice for both seasoned and novice investors. Among the diverse array of ETFs, the spot market ETF stands out as a dynamic...