Author: Anthony M. Orbison

Around 250 BTC from the early days of Bitcoin, known as the “Satoshi era,” were transferred on Friday in five separate transactions, each moving around 50 BTC to new wallets. The total value of the transfers was close to $16 million.JUST IN: Satoshi era #Bitcoin wallets just moved over 250 BTC worth $16 million mined in Jan 2009 🤯The owner of the wallets hodled from $0 to $63,000. Legend! 🙌— Bitcoin Magazine (@BitcoinMagazine) September 20, 2024 The coins were originally mined in January 2009, just months after Bitcoin’s launch, and have lain dormant since. Arkham blockchain analysis shows the wallets…

Stay informed with free updatesSimply sign up to the German politics myFT Digest — delivered directly to your inbox.Germany’s Social Democrats have won a narrow victory in elections in the eastern state of Brandenburg, an unexpected reprieve for Olaf Scholz as he prepares to run for a second term as chancellor next year.Preliminary official results put Scholz’s SPD at 30.9 per cent, ahead of the far-right Alternative for Germany with 29.2 per cent.They suggest the SPD can continue to govern Brandenburg, a state that the party has ruled since German reunification in 1990 and which has long been seen as…

Dividends are regular payments companies make to shareholders from their profits. Dividend stocks represent ownership in these companies that consistently distribute a portion of their earnings. Monthly dividend stocks are a subset that pays dividends every month instead of quarterly. These stocks are often favored by investors seeking regular income streams. Dividends can provide a steady cash flow and potentially offset market volatility. Investing in monthly dividend stocks can offer several advantages. They provide more frequent income, which can be beneficial for budgeting and cash flow management. Monthly payouts allow for faster dividend reinvestment, potentially boosting long-term returns through compounding.…

Forex Trading 101: What You Need to Know to Get Started The foreign exchange market, also known as the Forex market, is a global marketplace where individuals, businesses, and institutions trade currencies. With a daily trading volume of over $6 trillion, it’s one of the largest and most liquid financial markets in the world. If you’re interested in getting started with Forex trading, this article will provide you with a comprehensive introduction to help you understand the basics and get started. What is Forex Trading? Forex trading involves buying and selling currencies in the hopes of making a profit. The…

Proof of Workforce, joined by Santa Monica Vice Mayor Lana Negrete, will showcase the Santa Monica Bitcoin Office at the upcoming California Municipal Revenue and Tax Association (CMRTA) Annual Conference on October 9-10. They will present a case study on the innovative municipal office, the first of its kind in the U.S.Launched in July 2024 after a unanimous city council vote, the Santa Monica Bitcoin Office aims to educate residents about Bitcoin’s potential while identifying industry partnerships to support economic recovery and job creation.”Proof of Workforce is excited to share our experiences and insights with other municipal leaders at the…

America’s smallest banks face potentially destructive losses from climate-related weather disasters, according to a first-of-its-kind report from a climate change nonprofit. And they’re not even aware of the risk. Property damage from floods, wind, storm surges, hail, or wildfires threatens a collective $2.4 billion across nearly 200 national banks, averaging 1.5% of these banks’ total portfolio value, according to First Street. Most of this risk is concentrated amid small regional or community banks. In fact, nearly one in three regional banks face significant climate risk. But large institutions aren’t immune, with one in four facing such risks too, the report…

Josh Weinstein has said it before and he’s going to say it again.The president and CEO of Carnival  (CCL)  was speaking to analysts in June after the world’s largest cruise company reported second-quarter earnings.Related: Carnival Cruise Line blames parents in dining room disputeCarnival posted record revenue, operating profit and booking levels for the quarter and Weinstein wanted to make sure everyone saw the big picture.  “You have heard me say this before,” he said during the company’s earnings call. “This is not pent-up demand; it is the compounding effect of building increased consideration in our cruise brands over time and…

Oil Prices Soar, Impacting Forex Markets: What to Expect The price of oil has been making headlines in recent weeks, and its impact on the foreign exchange (forex) market has been significant. As prices continue to rise, market analysts and investors are scrambling to understand the implications on global currency markets. In this article, we’ll delve into the factors driving oil prices, the impact on the forex market, and what traders can expect in the coming weeks. Causes of Rising Oil Prices The sudden surge in oil prices can be attributed to a combination of factors, including: Global supply concerns:…

How to Trade Like a Pro: A Beginner’s Guide Trading in the financial markets can be a thrilling and rewarding experience, but it can also be intimidating and overwhelming for beginners. With so many different markets, instruments, and strategies to navigate, it’s easy to feel like you’re drowning in a sea of complexity. However, with the right guidance and approach, anyone can learn to trade like a pro. In this article, we’ll provide a beginner’s guide to help you get started on your trading journey. Understand the Basics Before you start trading, it’s essential to understand the basics of trading…

MicroStrategy CEO Michael Saylor announced on September 20 that it has purchased an additional 7,420 bitcoins for approximately $489 million. The company now holds over 252,000 Bitcoin, acquired for $9.9 billion. Since 2020, MicroStrategy has adopted a Bitcoin-focused corporate strategy, taking advantage of Bitcoin’s potential as an inflation hedge and store of value. The company has accumulated over 252,000 bitcoins worth more than $15 billion, substantially increasing shareholder value.MicroStrategy has borrowed money by issuing convertible senior notes to fund its Bitcoin purchases. It recently raised over $1 billion through note offerings, partly to acquire more Bitcoin. Other public companies have…