Editor's Picks

Why Coca-Cola Has Been In Warren Buffet’s Portfolio For 33 Years?

Why Coca-Cola Has Been In Warren Buffet's Portfolio For 33 Years?
by Zack Smith
April 6, 2021
0

Why Coca-Cola Has Been In Warren Buffet's Portfolio For 33 Years? Beverage giant Coca-Cola (NYSE: KO), with Berkshire's annual yield of 52 percent on an initial investment basis, has been in Buffet's investment portfolio for 33 years. Coca-Cola is making history as Buffet's longest affiliated holding. 400 million shares owned by Berkshire cost $ 1.299 billion, which makes $ 3.2475 per share. Coca-Cola has increased its dividend amount to $ 1.68 in the report announced in February, and the annual dividend amount it has increased for 59 consecutive years is a feature that cannot be underestimated. Buffett and his team predict...

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Bank Of China Continues To Support The Digital Yuan

Bank Of China Continues To Support The Digital Yuan
by Zack Smith
March 26, 2021
0

Bank Of China Continues To Support The Digital Yuan The People's Bank of China (PBoC) Digital Currency Research Division announced that the digital yuan is required to support Alipay and WeChat Pay. Speaking at the Bank for International Payments (BIS) seminar on Thursday, Mu Changchun said that Alipay and WeChat Pay combined make up 98 percent of China's mobile payments market, and that one of the main reasons why China's Central Bank is developing its own digital yuan is to support these payments. Mu suggested that a financial or technical disruption to Alipay and WeChat Pay could have a negative impact...

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Eth 2.0 Promises 8 Percent Annual Yield!

Eth 2.0 Promises 8 Percent Annual Yield!
by Zack Smith
March 26, 2021
0

Eth 2.0 Promises 8 Percent Annual Yield!   Ethereum 2.0 is a new generation version of the Ethereum blockchain. It is aimed to overcome the scaling problems in Ethereum's first version 1.0. In the current state of Ethereum, an average of 15 transactions can be made per second and this capacity is insufficient. Ethereum, the world's second largest cryptocurrency by market cap, is scheduled to be upgraded to ETH 2.0 next year. One of the advantages for investors is that they will be able to receive "staking rewards" similar to interest payments. It corresponds to approximately 8 percent per year.. This...

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Bitcoin Traders Continue To Buy From The Dips!

Bitcoin Traders Continue To Buy From The Dips!
by Zack Smith
March 26, 2021
0

Bitcoin Traders Continue To Buy From The Dips! According to digital market analysts, Bitcoin traders are preparing to make purchases in the recent price drop and hold their BTC for the long term. The surge in withdrawals from exchange platforms caused BTC to move closer to $ 50,000, rising from $ 56,783.86 in the last 24 hours on Thursday. Bitcoin analyst Willy Woo tweeted on Thursday, said "Today we hit an all-time high at the BTC output level on exchanges in 2021, and we now have a new bottom-buy award." According to Glassnode, the monthly net supply change held by higher...

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3 Bargain Stocks – CVS Health

3 Bargain Stocks  – CVS Health
by Zack Smith
March 25, 2021
0

3 Bargain Stocks – CVS Health 3- CVS Health CVS's stock is trading with a forward Price/Earnings ratio of less than 10, it could be an underestimated opportunity buy. In 2020, CVS reported a 7.7 percent higher earnings per share (EPS) rate than the previous year. (5.47 USD) Earnings per share is predicted to increase by 13.7 percent to 6.22 USD for 2021. The company relies on its strength in the healthcare, retail and long-term care segments, with sales of $ 268.7 million last year, up 4.6 percent from the same period last year. Revenues from the pharmacy business fell 1.9...

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The EC has proposed to exempt from VAT goods and services provided

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The number of passengers at Heathrow Airport fell sharply in March as well

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Tim Cook Gives Tips About Apple’s Car Plans!

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Former CEO Of BitMEX Surrendered In The USA!

Elif Dinçer by Elif Dinçer
April 7, 2021
in Crypto News, EN, Markets, News
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Former CEO Of BitMEX Surrendered In The USA!

Former CEO Of BitMEX Surrendered In The USA!

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Former CEO Of BitMEX Surrendered In The USA!

It was learned that Arthur Hayes, former CEO and founder of BitMEX, surrendered to US officials in Hawaii.

Former CEO of BitMEX surrendered in the USA. Arthur Hayes surrendered to the US authorities in Hawaii.

Hayes was released on $ 10 million bail after appearing before a federal judge in Hawaii, according to reports compiled by Bloomberg. It is stated that Hayes’ court process will continue in New York.

Hayes was expected to surrender on April 6. The incoming news confirms these expectations. Hayes, the founder of BitMEX, was in Singapore during the negotiations before he surrendered.

Last month, BitMeX co-founder Benjamin Delo also surrendered from the UK to New York and was released on bail of $ 20 million.

What Happened?

October 1, 2020 was a very important day for the cryptocurrency markets. The US Commodity Futures Trading Commission (CFTC) complained about the cryptocurrency exchange BitMEX and its executives. The CFTC accused BitMEX of operating an unrecorded trading platform, violating CFTC rules, including anti-money laundering and regulations on knowing the customer.

On the other hand, the US Justice Department accused Greg Dwyer, a business development manager, along with co-founders Ben Delo, Samuel Reed and Arthur Hayes, of violating the Bank Privacy Act.

Tags: Arthur HayesbailBen DeloBitMEXbreaking newsCFTCcrypto moneyeconomy newsfreeHawaiiNew YorkSamuel ReedsurrenderUS Department of JusticeUSA
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