The powerful rally came after Elon Musk’s electric-vehicle company, ... Cardano has vaulted into the top ranks of digital assets, with a market value of … 3 Altcoins YOU NEED TO SEE! (Updates with more comments from Kamiyama)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. Coinbase is known for its expensive trading fees yet it's still not listing doge, one of the most traded tokens. Elon Musk Buying Ethereum or Cardano? As Sanjeev Gupta Rose From Trader to Tycoon, Several Banks Backed Away, Gold hits seven-week peak as retreating U.S. yields boost appeal, U.S. Drops Switzerland, Vietnam Currency-Manipulator Labels. The price tags for Zeekr cars will be around 300,000 yuan, and Flynn Chen, Zeekr's vice president, said the brand will explore new sales and marketing methods, including allowing customers to subscribe to car-using rights and offering a stake in the company to car buyers. In 2013 he noted that Bitcoin is definitely an innovation, but he claimed it will mostly be used for illegal transactions. ADA has risen nearly 396% since the year began but its rise can easily be eclipsed by DOGE which has shot up 1096% in the same period. I believe everyone should be able to afford cryptocurrency. Cardano hard fork ‘Mary’ proudly announced while the Saylor Musk saga keeps on turning Crypto AM Daily in association with Luno. Consumer spending at restaurants and sales of discretionary goods such as jewelry, alcohol and tobacco led the growth of retail sales in March.The economy was also boosted by a jump in investment from overseas. Alongside the investment data, data showing home prices grew at the fastest pace in seven months in March will likely prompt more action by Chinese policy makers to rein in the sector.“Considering the robust recovery, we certainly do not expect Beijing to step up easing measures, but it is also unlikely to make a sharp shift in its policy stance,” Nomura economists led by Lu Ting wrote in a note. A LOT. Jeff Bezos said in his shareholder letter that Amazon must 'do a better job for our employees'. Musk works on space technology and constantly follows developments in other industries. Even if you only took a glimpse at “crypto Twitter” in recent weeks, you had to notice that Elon Musk has been tweeting about cryptocurrencies. Elon Musk Buying Ethereum or Cardano? Now, Yellen is using that same law to decide that no nation warrants the designation.“The inconsistent use of the same criteria by successive administrations certainly undercuts the notion of the Treasury currency report being a dispassionate and nonpolitical evaluation of other countries’ currency practices,” said Eswar Prasad, an economist at Cornell University who formerly worked in the International Monetary Fund’s China division.Still, he said that Yellen’s “less overtly political approach” may restore some credibility.Swiss officials have repeatedly denied that they are manipulating the franc, and have continued the nation’s purchases of foreign currencies as part of a long-running campaign to fight deflation through negative interest rates and currency intervention.The Treasury noted the impact of monetary policy objectives on the franc, and said it is is in talks to develop “specific actions” to address the causes of Switzerland’s external imbalances.Earlier this month, the International Monetary Fund gave the Swiss National Bank a green light for its purchases of foreign exchange, while also recommending that officials follow counterparts with a strategy review.TaiwanThe U.S. moved Taiwan from its watch list to the separate list of those meeting all three criteria for distortionary currency policies. This should add more balance in what looks to be a steady recovery ahead.Chang Shu, chief Asia economistFor full report, click hereAlthough Beijing has promised “no sharp turns” in monetary and fiscal support this year, some prominent economists have warned that premature tightening could still put the recovery at risk. Hertz, like rivals that didn’t file bankruptcy, sold large portions of its inventory and cut costs severely to shore up finances when U.S. travel ground to a halt last year. And here is one I believe in.”. Four tier-1 Chinese cities, including Shenzhen and Shanghai, have reported since March that a probe by financial regulators found that 877.8 million yuan ($134.21 million) of bank loans were improperly used for property purchases. Elon Musk Fans Set To Celebrate Tesla Founder on 4/20 Elon Musk wants to Remove Radar from Teslas AFIRMAN que ELON MUSK Revivirá a los DINOSAURIOS y Creará un PARQUE JURÁSICO en la VIDA REAL First Tesla, Now Rent: California Billionaire’s Real Estate Company Accepts Bitcoin Payments ... Cardano Price Prediction! That total accounted for 7% of the $822 million individual investors spent on all U.S. stocks and exchange-traded funds on the day, and made Coinbase the fifth-most popular debut with the demographic since 2017.They didn’t wait long to jump in.Nearly a third of all retail dollars spent on Coinbase Wednesday poured in during the first 20 minutes of trading as the shares soared by 13% from the opening price of $381 to an intraday high of $429.54. “Its reliance on Greensill was a natural consequence of the competitive nature of the trade finance market, which has been hugely challenging for all but the very largest commodities traders in recent years.”Now, with Greensill in insolvency and its German subsidiary under a criminal complaint after the regulator said it found irregularities in how the banking unit booked assets tied to GFG Alliance, Gupta is trying to find new financing. 6:56 – Elon Musk’s FORAY into Cardano? Those banks can act in currency markets with official guidance due to close relationships with China’s central bank.“Treasury is working tirelessly to address efforts by foreign economies to artificially manipulate their currency values that put American workers at an unfair disadvantage,” Treasury Secretary Janet Yellen said in a statement accompanying the report.The manipulator tag has no specific or immediate consequence, beyond any short-term market impacts. However, he has an enormous amount of influence in the system as a whole and his opinions are well regarded, according to the IOHK CEO. Thanks to the existing control systems, we incurred no financial losses through these operations and managed to unwind all transactions in the spring of 2019.”GFG Alliance, which is made up of the companies controlled by Gupta and his family, including Liberty, said in an emailed statement sent by a spokesman that it refutes any suggestion of wrongdoing.“An internal investigation was conducted in 2019 by Liberty Commodities Limited (LCL)’s external legal advisors following enquiries regarding alleged rumours of double pledging,” GFG Alliance said in the statement. (Bloomberg) -- The U.S. refrained from designating any trading partner as a currency manipulator in the Biden administration’s first foreign-exchange policy report, even as Switzerland, Taiwan and Vietnam met thresholds for the label.The Treasury Department said Friday that those three economies met criteria for the manipulator label, including a large trade surplus with the U.S. He recently changed his Twitter profile picture to feature a fork literally stabbed into a road accompanied by the bio: “meta for k.” Sberbank confronted Gupta at a meeting weeks later. Inbound investment into China rose almost 40% to $45 billion in the first three months of 2021, according to data from the Ministry of Commerce released Thursday. Follow us on Twitter: Timestamps: 0:00 - Introduction (WATCH WHOLE VIDEO) 0:59 - $10,000 Bitcoin CRASH! Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s army of Dogecoin (DOGE) recruit Gene Simmons has taken a fancy to Cardano (ADA) cryptocurrency. Since Elon Musk began taking an interest in crypto, most have been hoping he might take an interest in their invested coin. Emerging market central banks delivered five net interest rate hikes in March, marking the end of an easing cycle which started in 2019 as central banks in the developing world grapple with rising inflation pressures. In December, the last report done under President Donald Trump designated Switzerland and Vietnam as manipulators.The new assessments signal the Biden administration is taking a less confrontational approach to international currency policy after Trump labeling of China and other countries as manipulators proved ineffective and spurred concerns of politicization.The latest report assesses currency activities through 2020.Covid ImpactThe U.S. acknowledged that the unprecedented nature of the coronavirus pandemic’s impact on the global economy led to creative policy responses by governments and central banks. The central bank has asked banks to curtail loan growth in coming months as it seeks to control credit to curb asset bubbles. Should the trader run into financial difficulties, the bank can seize its collateral – the cargo – and easily recoup its money. The newest cryptocurrency that seems to have caught Musk’s eye is Cardano. Consumer spending had lagged, but the latest figures showed a turnaround. 4:22 – EVIDENCE that Elon Musk is Getting into Cardano & Ethereum 5:08 – Elon Musk’s FORAY into Ethereum. Why It Matters: Simmons had joined Musk’s Dogecoin party on Twitter on Feb 7 when the meme-themed cryptocurrency reached an all-time high of $0.084. (Bloomberg) -- British industrialist Sanjeev Gupta’s companies seemed to be prospering until his main lender, Greensill Capital, imploded last month. $250 Sign-Up BONUS: Hit Like, Share, and Subscribe for more daily cryptocurrency news! Verizon is offering a 10-year price lock for new customers, no data limits and plans ranging from 100 Mbps to 400 Mbps to business users in cities such as Atlanta, Detroit, Las Vegas and San Francisco. What will happen to Citibank customers’ accounts and credit cards as it exits India? After Gupta searched for would-be financial backers for weeks, Credit Suisse Group AG – which became a major lender to Gupta’s companies by buying debt packaged by Greensill – moved last month to push Liberty Commodities Ltd. into insolvency. Elon Musk changes his Twitter bio to “meta for k” – is he really trolling Cardano? The amended Knighthead and Certares plan also includes $550 million of cash in a recovery pool that would pay general unsecured creditors in full, the people said. Yet each time investigators located one of the containers, they found it had already been emptied, according to two people involved in the matter. “Less generous fiscal and monetary policy will weigh on infrastructure and real estate investment, while improved profitability and confidence should buoy corporate investment and consumption.”(Updates with foreign investment data. The deal assigns the reorganized Hertz an equity market value of around $5.5 billion.Hertz shares surged as much as 46% Friday morning in New York to trade at $1.79.Representatives for Knighthead, Certares and Apollo declined to comment. “LCL has ongoing banking relationships with separate financial institutions,” GFG Alliance said in the statement. IS HE BUYING? But the law requires the administration to engage with the trading partners to address the perceived exchange-rate imbalance. Charles Hoskinson, the founder of Cardano, is convinced this is the case. That holds true so long as the shipping paperwork used, such as a bill of lading, is accurate.ICBC Standard Bank stopped financing Liberty’s commodity trading unit by early 2016, after discovering it had presented the bank with what seemed to be duplicate bills of lading, according to two people with direct knowledge of the matter. De tweet lijkt op het juiste moment te zijn geplaatst, aangezien Cardano de afgelopen week met meer dan 50% is gestegen , en Dogecoin vandaag ook weer stijgt en de afgelopen week weer meer dan 45% heeft gewonnen. He moved to the U.K. as a teenager to attend boarding school and set up Liberty House, his commodities trading business, in 1992 while he was still an undergraduate student at Trinity College, Cambridge. Rap star Snoop Dogg also participated in sending out tweets that helped fuel the rise of DOGE. 8:03 – JP Morgan & Goldman Sachs BUYING Polkadot ETP! A tumble in the 10-year U.S. Treasury note below 1.6% to yield 1.5496%, a fall of 8.6 basis points, helped spur renewed buying of big tech stocks and drive MSCI's benchmark for global equity markets up 0.80% to fresh peaks. Verizon plans to expand its 5G business internet footprint throughout the country, bringing its full suite of services from video-collaboration tools to edge computing. Toch haalde onlangs ook Cardano (ADA) oprichter Charles Hoskinson uit naar Bitcoin en noemde het ook verouderd. Terms of the settlement, which included a monetary payment made by Cao to Tesla, were not disclosed. Click here for options trades from Benzinga, Elon Musk On Why Tesla Invested in Bitcoin, Not Dogecoin, Why DODO Cryptocurrency Has Skyrocketed 90% Today. "We've had many investors abandon some positions because of some extreme technical selling we saw with Treasury yields and that has really provided a strong backdrop here for gold prices to continue to appreciate.". (Bloomberg) -- Coinbase Global Inc. got a jump start on its first day of trading from the retail crowd. Tesla filed the lawsuit in 2019, saying its employee Cao Guangzhi, who worked at Tesla for two years, copied the source code before in January 2019 joining XMotors, the U.S. unit of Chinese self-driving car startup Xpeng Inc. Simply letting U know what I am doing and what I believe in. Elon Musk’s Influence In Crypto. What Happened: The “Kiss” frontman revealed on Twitter on Thursday that he had purchased $300,000 worth of ADA because he believes “it’s going up.”, I just bought $300,000 of CARDANO (ADA). But within 10 minutes of purchasing the stock at $394 and a few conversations with his friends who are also buyers, it “made me realize that I probably didn’t make the best decision jumping in that quickly,” he said.“I obviously knew the risk of jumping in on a company as soon as it went public, but it just seemed like an obvious investment considering cryptocurrency has been the ‘next big thing’ for young investors like me.”Fortunately for Kuku, he managed to sell at a profit at $415. This is another reason I believe in ADA (Cardano) ... https://t.co/oNXLCuFuEg, One of the reasons I invested in Cardano (ADA). (Bloomberg) -- China’s economy strengthened in the first quarter of the year as consumer spending rose more than expected, putting it on course to join the U.S. as twin engines for a global recovery in 2021.Gross domestic product climbed 18.3% in the first quarter from a year earlier, largely in line with the 18.5% predicted in a Bloomberg survey of economists, though that record-breaking figure was mainly due to comparisons with a year ago when much of the economy was shut due to coronavirus. A LOT. DOGE traded 6.75% higher at 0.056 at press-time. What is a bigger pointer is the “Metafork” tweet, which confirms that the Tesla founder is referring to Cardano all the while. He's telling his followers that Elon Musk is trolling … The eating utensil is seen standing upright on a road marking: quite literally a fork in the road. Drawing conclusions from that interview alone, however, won’t give us a clear picture on where he stands. Cardano Token Pips Dot Into Fifth Place After Price Surges by 85% —Elon Musk Endorsed Dogecoin Sets New All Time High The Cardano network token has … Get the latest crypto news delivered to your inbox daily. Available evidence suggests that after Musk realized the potential of cryptocurrencies, he started learning more about them and soon began singing the praises of one currency in particular – Dogecoin. Après qu’Elon Musk ait changé sa biographie sur Twitter en « Meta for K », des spéculations folles ont surgi au sein de la communauté Cardano aujourd’hui pour savoir si le PDG de Tesla faisait référence à la crypto-monnaie. Nothing herein shall be construed to be financial legal or tax advice. La théorie qui a fait son chemin était que Musk « traînait » Cardano. “We are going to see that Coinbase is going to be held widely -- at this market cap, it’s going to be held by index funds. That was the highest for that period in comparable data back to 2002.Markets were choppy following the data release but ended the day little changed, with the benchmark CSI 300 Index paring an earlier loss of as much as 0.6% to finish up 0.35% for the day. Here is what you need to know! The decision could stall Turkey's crypto market, which has gained momentum in recent months as investors joined the global rally in bitcoin, seeking to hedge against lira depreciation and inflation that topped 16% last month. To some, this isn’t surprising. Altcoin Daily, the best cryptocurrency news media online! : Daniel MossThe recovery last year was led by strong investment in real estate and infrastructure spurring demand for industrial goods, while overseas orders for medical goods and electronic devices fueled exports. And Elon aside, it is always best to do your own research and invest responsibly. And the early enthusiasts likely walked away with a few bruises.Day traders purchased a net $57 million of the cryptocurrency exchange’s shares during its debut Wednesday on the Nasdaq Stock Market, according to data from VandaTrack. Some 40,000 California workers quit the labor force in March, pulling the unemployment rate down slightly to 8.3% but feeding stubborn joblessness. This article is for information purposes only and should not be considered trading or investment advice. $250 Sign-Up BONUS: Hit Like, Share, and Subscribe … The songwriter put out a series of tweets on ADA and why he believes in it. The theory that took hold was that Musk was “trolling” Cardano. pic.twitter.com/UiIqowJ4pY, — Gene Simmons (@genesimmons) February 19, 2021, Simmons gave reasons for his investment in ADA saying it was “affordable to almost everyone.”, “It’s pennies compared to my other holdings like Bitcoin, which is over $50,000 a single coin. IOG is considering “going to pull an Elon Musk” and writing a series of DeFi papers for Cardano that the community can implement. The S&P 500 has rallied significantly during the trading session after the retail sales numbers in America came out much stronger than anticipated. The Dogecoin community has to be the most wholesome one on the internet. Retail sales increased 9.8% last month, the Commerce Department said on Thursday, beating economists' expectations for a 5.9% increase. Elon Musk may be turning the beloved fictional island “Jurassic Park” into a real-life destination hotspot, with dinosaurs and all. — Elon Musk (@elonmusk) February 19, 2021. 6:12 Why the Mary Hard Fork is so important 7:32 Future of Cardano after Mary Hard Fork 9:21 Final thoughts and Outro You can’t blame him for that. The Treasury kept China, Thailand, India, Japan, South Korea, Germany, Italy, Singapore and Malaysia on the monitoring list.The agency said China’s “failure” to be more transparent around activities at state-owned banks warrants close monitoring. One analyst specifically believes that the entrepreneur is secretly interested in Cardano and has been hinting at it for some time.. Elon Musk is a big fan of crypto. In order to improve, we give you the opportunity to rate DailyCoin content, Cardano a Multi-Asset Blockchain After Hard Fork. Simmons was not the only one who explained the rationale behind his cryptocurrency investments on Thursday. Penalties, including exclusion from U.S. government contracts, could be applied after a year unless the label were removed.Trump EraDuring the Trump era, the Treasury abruptly designated China a manipulator in mid-2019 outside its usual release schedule, only to lift the label five months later to win concessions in a trade deal. 4:22 – EVIDENCE that Elon Musk is Getting into Cardano & Ethereum 5:08 – Elon Musk’s FORAY into Ethereum. (Updates for Thursday trading in the fifth paragraph. He promised that his company would pay back the roughly $100 million it owed, the people said.“At some point certain discrepancies were spotted within documentation and logistical data, which made Sberbank discontinue all operations with the company,” the bank said in an emailed statement. (Updates with bankruptcy exit background in ninth paragraph. China’s recovery hasn’t yet plateaued after it became the first major economy to contain the spread of coronavirus and return to growth, with GDP rising 0.6% in the first three months of 2021 from the previous quarter.How Much of China’s GDP Was Made in America? The all-country world index, a benchmark heavily weighted to Apple Inc, Microsoft Corp and Amazon.com Inc, is up about 8.5% for the year as growth rose 1.4% and value 0.4% on Thursday, as measured by the Russell 1000 indexes. It became a popular stock among day traders, who sent shares of the bankrupt company soaring, even though common shareholders are typically wiped out in Chapter 11 proceedings. Dat zou wellicht ook zijn enthousiasme over Dogecoin kunnen verklaren. That drew the attention of retail traders who piled in at a level not seen since the debut of Rocket Cos., the parent of the mortgage giant founded by billionaire Dan Gilbert, making it the fifth most- popular new listing among the group since 2017.“It is pretty surprising to see such strong buying,” said Viraj Patel, global macro strategist at Vanda Research.