Is Nickel Back?
The year 2022 was turbulent for nickel, marked by sharp surges and an exchange meltdown. But with the metal’s price poised for a comeback, will 2023 be the year of nickel? Nickel futures are trading above $30,000 per tonne, as the metal pushes out of a glut its experienced since early May. Year-to-date, the metal’s […]
Andrew Tate Arrested in Romania After Feud with Greta Thunberg
This afternoon a report from Romanian outlet Libertatea has circulated around social media that Andrew Tate’s home in Pipera has been raided by Romanian police in relation to the abduction of two girls. Now, Tate and his brother have both been taken into custody. Reports have surfaced that the feud between Greta Thunberg and Andrew […]
Kosovo-Serbia Conflict: The Budding War Ignited By Car License Plates
Kosovo closed its main border crossing with Serbia on Wednesday after demonstrators on the Serbian side blocked it in solidarity with their ethnic kin in Kosovo who refuse to recognize the country’s independence. This follows after the Serbian army says it is at its “highest level of combat readiness,” with Serbian President Aleksandar Vucic saying […]
2022: The Year of the Russian Oligarch
High-profile Russian businessmen have been making a lot of headlines in 2022. With Russia’s unprovoked invasion of Ukraine, many oligarchs were hit by Western sanctions, and some lost their superyachts, jets, and football teams. Other oligarchs, though, were a lot less fortunate. As of this writing, at least 26 Russian businessmen have died under suspicious […]
Changpeng Zhao: “Binance.US Accepts International Clients”
In a recent twitter “ask me anything” (AMA), Binance chief Changpeng Zhao admitted that Binance.US accepts international clients, shedding some light on whether the American counterpart’s assets are commingled with the global exchange. “The recent [Binance] US to Binance.com international transactions… Binance.US accepts international clients,” said Zhao. “They are market makers that work on both, […]
Tesla: Lost A Twitter’s Worth In A Day, Dropped From US Top 10 Public Firms
But ARK Invest CEO Cathie Wood somehow sees something to still load up more than 25,000 shares of the electric vehicle giant. Tesla (Nasdaq: TSLA) continues to plummet to record lows as the firm’s shares last closed at $112.71, declining by 19% just in the last five days–which coincidentally are some of the firm’s highest […]
Mango Markets $114M Crypto Hacker Arrested, Charged With Fraud
Prosecutors in New York arrested cryptocurrency trader Avraham Eisenberg in Puerto Rico and charged him with fraud for rigging the Mango Markets exchange and attempting to steal $114 million. Eisenberg is accused of manipulating the price of Mango perpetual swaps, which are futures contracts that allow traders to keep bets open. According to a federal […]
Biden, DOT To Examine Southwest Airlines Canceling Flights Due To Crew Scheduling Error
Southwest Airlines passengers could be spending the rest of their holidays stuck in airports as the airline has been cancelling over 8,000 of its flights in the last three days. The firm seeks to recover from the severe winter weather and staffing shortages that delayed tens of thousands of passengers and luggage over the busy […]
Bitfarms Closes Out 2022 With Management Shake-Up
Bitfarms (TSX: BITF) is undergoing an end-of-year management shakeup of sorts. The firm has slightly rejigged its executive team, which includes the resignation of the firms CEO and co-founder, Emiliano Grodzki. Grodzki, whom co-founded the company along with Nicolas Bonta in 2017, will be moving to a director-only role with the company, while President and […]
Zoltan Pozsar: G7 Investors Should Worry About Gold-Backed Renminbi Eclipsing Dollars, Commodity Encumbrance
Credit Suisse contributor Zoltan Pozsar has continued his ongoing series about Bretton Woods III where commodities will dictate the new world order. For his last dispatch of the year, he described how the world is now shifting to a multipolar order “being built not by G7 heads of state but by the ‘G7 of the East’ (the […]