Nears

Ethereum Erupts Higher, Bitcoin Nears $35k; What's Next?

While Bitcoin has been stealing the headlines, it was Ethereum’s turn overnight as the number 2 crypto spiked back above $900 for the first time since Feb 2018… Source: Bloomberg Ethereum still has over $400 to go to reach its record highs… Source: Bloomberg Bitcoin also pushed higher overnight, nearing $35,000, after correcting sharply to…

Ossoff Refuses To Disclose Murky Deals With Qatar, China As Georgia Runoff Election Nears

Georgi Democratic Senate candidate Jon Ossoff has come under fire for refusing to disclose details about his personal finances and investments, including media deals he made with state-owned news outlets in Qatar and China. The 33-year-old trust fund Democrat is facing GOP Sen. David Perdue in one of two crucial Peach State races which will…

Mass Starvation Looms as Yemen’s Currency Nears Historic Freefall

By Ahmed Abdulkareem TAIZ, YEMEN- – Both Saudi Arabia and the United Arab Emirates seem to be doing everything in their power to prevent an end to the suffering in Yemen. Even those living in areas under the total control of the wealthy Gulf monarchies are facing levels of devastation that hearken back to the…

Bitcoin Nears $24k, Ether Tops $600 As Institutional Adoption Accelerates

The extent of institutional uptake this month is rapidly becoming an order of magnitude more significant as digital gold is seeing rising interest relative to the barbarous relic… Source: Bloomberg In addition to Guggenheim giving a $400,000 price evaluation, hedge fund One River Asset Management confirmed on Wednesday that it planned to bring its Bitcoin…

US Suffers Record 3K+ COVID Deaths; Global Total Nears 70MM: Live Updates

Summary: US deaths top 3K/day for first time Global cases near 70MM FDA panel meets on Pfizer vaccine Saudi approves Pfizer vaccine for import/export India’s largest chain of hospitals ready to administer 1MM vaccinations/day Malaysia reports new daily case record Denmark expands partial lockdow * * * The US reported more than 3K COVID-19 deaths…

Iran’s Mega South Pars Gas Field Nears Completion

Submitted by Simon Watkins of OilPrice.com The net present value of Iran’s supergiant South Pars natural gas field has jumped from an estimated US$116 billion at this point last year to US$135 billion now, a senior oil and gas industry source who works closely with Iran’s Petroleum Ministry exclusively told OilPrice.com last week. The key…

Bitcoin Nears $16k As Feds “Seize” $1 Billion In Crypto Linked To ‘Silk Road’

Bitcoin continued its post-election surge overnight, getting close to $16,000 for the first time since Jan 2018 as the volume of global negative-yielding debt soars, Source: Bloomberg And while the initial Bitcoin strength mirrored altcoin weakness, that rotation has stalled and now the entire crypto space is rising… Source: Bloomberg And this strength is coming…