Cineworld leaps on US takeover speculation Both the FTSE 100 and FTSE 250 started the week on a positive note, adding 0.3% and 0.6% respectively. In corporate news, Unilever hit headlines, after setting the weekend of November 21 and 22 as the date for the unification of its structure under a single parent company, headquartered…
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What to watch Carmax: Over the past three months, Carmax has delivered an astonishing recovery. Its share price is up 11.7% year-to-date but has gained more than 100% in the past three months alone to dig itself out of a deep hole. The firm, which provides an online marketplace for buying and selling used and…
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Jean-Marie Mognetti, CEO of CoinShares - a digital asset manager said: The rest of the world needs to either keep printing money or see their own currency eroding drastically in front of the unbeatable dollars. Turkey, Brazil, or Argentina are the perfect examples of this. Consequently, in a world where investors continue to seek protection…
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UK stocks flat after lockdown guideline confusion Both large cap and mid cap London-listed stocks posted a near flat day on Monday, after a confusing day in which the Prime Minister was forced to put out a substantial clarification about the advice he provided on the lifting of lockdown measures over the weekend. His statement…
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Previously, converting Bitcoin Cash (BCH) to ETH on Kraken took two different trades and with the new BCH/ETH conversion pair, it can be done directly. The new addition expands Kraken’s total number of trading pairs to 155, including more traditional FX trading pairs Kraken launched about six weeks ago. The exchange added the new pairs…
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Centralization concerns raised in the Bitcoin community One of the strengths of the Bitcoin network is that its mining interests are so widely distributed. For that reason, Bitcoinists often tout that they are the most secure network in Crypto-Land. This claim, however, is not an absolute by any means. Bitmain and its subsidiaries have at…
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The Swedish Minister of Foreign Affairs Ann Linde has urged Ukraine to take action against the alleged cryptocurrency fraud operation targeting vulnerable inexperienced investors in Sweden, Australia, New Zealand and UK. Swedish national newspaper Dagens Nyheter (DN) exposed the so-called “fraud factory”, operating from Kyiev after investigation. Ukraine-based Milton Group allegedly defrauded investors by offering…
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The following article was submitted by Tamara Backovic, Content Specialist at fortunly.com. Bitcoin has been teeming with potential since the day it was rolled out. Of course, the timing of its introduction helped, giving humankind a promising alternative to the fundamentally broken fiat money at the height of the 2008 financial crisis. Many people around the world…
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Every now and then, a juicy article appears in the press that commands re-writes across the entire news spectrum. In other words, no matter where you go, you cannot avoid reading the same storyline, over and over again. Bloomberg created one of these “honey pots” on Monday, and before you could say, “What the…,” a…
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Sometimes numbers really matter, especially if you want to demonstrate how far an industry has come along in a short period of time. Bitcoin has done just that, when you measure the cumulative value of fee revenue streams to the mining industry. Recent news stories about Bitcoin’s halving event in May of 2020 have focused…
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