Finance

Finance

The Good, The Bad, The Ugly

Although there is no shortage of news in late 2020 and early 2021, Brexit, an ongoing saga dating back to a 2016 referendum, looks stunning all the way to the finish line. For better or worse, we will soon be talking about Brexit in terms of history rather than an ongoing concern thanks to a deal reached in the final …

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Coinbase, whose CEO called most politics a ‘distraction’, launches voter registration tool

Coinbase, a crypto exchange whose CEO previously said it doesn’t “advocate for any particular causes or candidates internally that are unrelated to our mission,” has launched a voter registration portal as part of a crypto policy education initiative. In a Thursday blog post, Coinbase chief policy officer Faryar Shirzad said the crypto exchange will offer users the opportunity to register …

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Industrialization Definition

What is industrialization? Industrialization is the process by which an economy changes from a predominantly agricultural economy to one based on the manufacturing of goods. Individual manual labor is often replaced by mechanized labor mass production, and craftsmen are replaced by assembly lines. Characteristics of industrialization include economic growththe more efficient division of labor and the use of technological innovation …

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Celsius bankruptcy proceedings show complexities amid declining hope of recovery

Celsius Network is one of the many crypto lending firms that have been swept up in the wake of the so-called “crypto contagion.” Rumors of Celsius’ insolvency began circulating in June after the crypto lender was forced to halt withdrawals due to “extreme market conditions” on June 13. It eventually filed for Chapter 11 bankruptcy a month later on July …

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Afghan police close down cryptocurrency exchanges to enforce central bank ban: Report

Police have closed down at least 16 cryptocurrency exchanges in the Herat province of western Afghanistan in the last week, according to a report in Ariana News, an independent news outlet in that country. The report quotes a local police official as saying arrests had been made during the closures. The closures were carried out in response to a ban …

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Citi Mortgage 2022

Citi Mortgage is the mortgage lending subsidiary of Town, a global financial services company. It offers a variety of mortgage products to buy or refinance your home, including conventional, jumbo, FHA, and VA loans. The benefits explained Relationship pricing for Citi customers: New and existing Citi customers can qualify for lower interest rates or a credit for closing costs when …

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Mortgage Lender Methodology

If you’re looking to buy or refinance a home, you’ll find a wide range of mortgage lenders to choose from. They offer many similar products, but the details are slightly different in each case. How to find the right one for you? To help you narrow down the field, we’ve researched the most important characteristics of the top 45 mortgage …

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Watered Stock Definition

What is watered stock? Watered-down stocks referred to shares of a company that were issued at a value far in excess of the implied value of a company’s underlying assets, usually as part of a scheme to defraud investors. The last known case of watered-down stock issuance occurred decades ago, as the structure and regulation of stock issuance evolved to …

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Why Bitcoin traders should make friends with the trend

The impact of Federal Reserve policy and Bitcoin’s higher timeframe market structure suggest that BTC price is not yet ready for a trend reversal. Bitcoin (BTC) price continues to chop below the $22,000 level and the wider narrative among traders and the mainstream media suggests that a risk-off sentiment is a dominant perspective ahead of this week’s Jackson Hole summit. …

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ETH whales move holdings onto exchanges before Merge

The Ethereum blockchain is slated for one of the most significant updates since its inception as it transitions from its current proof-of-work mining consensus to a proof-of-stake (PoS) one. The Merge date is scheduled for Sept. 15after the successful Goerli testnet integration — the final testnet merger before the actual transition. Ether (ETH), Ethereum’s native token, saw a bullish surge …

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