How Does Globalization Impact Comparative Advantage?

Globalization has made the concept of comparative advantage more relevant than ever. Comparative advantage is defined as the ability of a country to produce a good or service more efficiently and at lower cost than another. Economist David Ricardo defined the theory of comparative advantage in his 1817 book, On the principles of political economy…

SEC delays VanEck’s third Bitcoin spot ETF application

The United States Securities and Exchange Commission (SEC) has pushed back a decision on the latest application for a Bitcoin (BTC) spot exchange-traded fund (ETF) by global investment firm VanEck. The company has long been trying to get the green light for what will be the first BTC ETF in America, with its first application…

Bitcoin price gains 3.5% as US PCE data supports shrinking inflation

Bitcoin (BTC) rose rapidly later on Aug. 26 as fresh economic data from the United States furthered hopes of a pivot from the Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin bounces but preserves intraday trend Data from Cointelegraph Markets Pro and TradingView tracked a 3.55% rise for BTC/USD on the day, allowing…

Singapore MAS examines crypto firms ahead of new regulations: Report

The Monetary Authority of Singapore (MAS) has started taking measures to prepare for new cryptocurrency regulations addressing the ongoing liquidity crisis and withdrawal issues. Singapore’s central bank has sent detailed questionnaires to some applicants and holders of the MAS’ Digital Payment Token licenses, Bloomberg reported on Friday. Sent over the last month, the questionnaires were…

Zestimates

What is a zestimative? A Zillow® estimate, or Zestimate®, is a key feature offered by Zillow, a popular online real estate marketplace. It is also the name of its home valuation model that allows consumers to earn Zestimates. Zestimate includes information from the multiple listing service (MLS), user-submitted details, market trends and specific home facts…