Author Archives: Ifeoluwa Adeniji

Meet the 19-Year-Old Who Makes $ 54,000 a Year Mining Bitcoins as a Full-Time Job

Nick Sears was 17 when he helped build a Bitcoin mining farm in Dallesport, Washington. He was 18 years old when he was legally permitted to buy Bitcoins for the first time. And now, at 19, Sears has doubled his life earnings as a Bitcoin miner. “My room is soundproof,” Sears said of the acoustic…

Hundreds of Vaccinated People Hospitalized with Delta Variant in England

Hundreds of fully vaccinated people in England have been hospitalized with the highly contagious variant of the Delta coronavirus, scientists said on Friday. In its latest COVID-19 update, Public Health England (PHE) also warned that there were early signs that people who have been inoculated may be able to transmit the Delta strain as easily…

Powell Struggles With New Nomination Due to Loss of Support

Powell insists on adjusting to the attitudes rather than planning to announce the delisting despite the Federal Reserve (Fed) meeting last week. However, various Fed officials have shown different perspectives over the past week, indicating that the Fed should plan to initiate amortization and advance interest rate hikes. Due to this situation, DXY enters a…

The COVID Vaccine to be Accessible to Young People Between the Ages of 16 and 17

British experts recommend that all 16- and 17-year-olds be offered a COVID vaccine. The Joint Committee on Vaccination and Immunization did not make a decision last month, saying it was still weighing the benefits and risks. Roughly 1.4 million teens will be included in the new release, but it’s unclear when the jabs will begin….

Bitcoin Vs. Gold: the Thoughts of Billionaire Ray Dalio

For Ray Dalio, Bitcoin is like a digital form of gold, but the billionaire obviously values ​​one more than the other. “If you put a gun to my head and say, ‘I can only have one,’ Dalio said, “I would choose gold.” Dalio, who will turn 72 on Sunday, revealed in May that he possessed…

The United Kingdom Registers 21,952 New Cases of Coronavirus and 24 More Deaths

The UK has recorded 21,952 new COVID-19 cases and another 24 coronavirus-related deaths in the past 24 hours, according to government data. The numbers compare with 24,470 infections and 65 deaths reported yesterday and 24,950 cases, and 14 deaths reported so far this past week. The seven-day average of infections is 27% lower than the…

Okcoin Obtains Crypto Licenses in Malta and the Netherlands

Okcoin obtained new financial connections and acquired the license to expand its presence in Europe. Okcoin announced on July 28 that it had received authorization “in principle” from the Malta Financial Services Authority and official registration from the Central Bank of the Netherlands in a press release. Okcoin will become the only US-based exchange to…

COVID-19: the UK Records 26,144 New Coronavirus Cases and 71 Additional Deaths

The UK has reported 26,144 new COVID-19 cases and 71 more deaths in the last 24 hours. Some 29,622 coronavirus infections and 68 deaths were announced yesterday, while last week 31,795 cases and 28 deaths were reported this time. Figures show that positive cases in the UK have fallen 33% in the last seven days….

FinCEN’s New Digital Currency Advisor Says Cryptocurrencies are Just another Payment Method

Michele Korver, the first chief digital currency advisor for Financial Crimes Enforcement Networks (FinCEN) thinks that crypto assets are just another way to transfer value. Speaking to Law 360 on July 29, the newly appointed Korver says that cryptocurrency is “just another form of payment or transfer of value that has developed over time, like…

COVID-19: the UK Records 29,622 New Coronavirus Cases and 68 Additional Deaths

The UK has reported 29,622 new COVID-19 cases and 68 additional coronavirus-related deaths in the past 24 hours, according to government data. The figures compare with 31,117 infections and 85 deaths reported yesterday, while 36,389 cases and 64 deaths were reported last week. The seven-day average of infections is 36.1% less than the previous week,…

UK COVID Cases Rise for Second Day in a Row Amid Test Drop

The daily number of COVID cases reported in the UK has increased for the second day in a row, although experts have cautioned against drawing hasty conclusions from the fluxes. 31,117 cases were reported in the UK on Thursday, up from 27,734 the day before, marking the first increase in cases since July 20. While…

Visa Makes Another Big Bet on Fintech by Buying UK Payments Startup Currencycloud

Visa announced on Thursday that it has agreed to buy UK payments startup Currencycloud as part of its second major fintech acquisition in 2021. The deal values ​​Currencycloud at £ 700 million ($ 962 million), Visa said. The payments giant led an $ 80 million investment in Currencycloud in early 2020. As a result, Visa…

Powell’s Reappointment: Members of Congress May Stand Against it

Everyone in the financial industry realizes that the main reason investors continually buy US stocks is that they believe that the economic and infrastructure stimulus package implemented by the Biden administration can fuel the country’s economic recovery. Driven by this thinking, investors are constantly buying financial products that benefit from these policies, resulting in three…

The Number of New COVID Cases in the UK Fell for the Fourth Day in a Row

The UK registered 31,795 new cases, up from 36,389 on Friday but, the daily number of deaths related to the coronavirus is not yet accessible due to technical difficulties in processing the data. At the same time, last week, 54,674 infections and 41 deaths were recorded. The most recent data also shows that an additional…

By Opening up the Economy as the Delta Variant Grows, the UK Becomes the Test Case for COVID-19

The battle between vaccines and the Delta variant of the coronavirus is reaching its climax in the UK, closely followed by the rest of the world. What is at stake is whether advanced economies with high vaccination rates can benefit from something approaching pre-pandemic life versus the rapidly spreading versions of the virus. The experiment…

Experts and data show rising inflation is still temporary: Biden

President Joe Biden, in a statement this week, tried to allay concerns about the issue of price increases that threaten America’s economic recovery, saying that the current peak in inflation is “temporary” and not a problem to long term. He also stated that the best way to keep the economy on track was to pass…

Robinhood Warns Crypto Revenue Slump Amid IPO Filing

Stock and cryptocurrency trading app Robinhood expects its quarterly earnings to decline due to considerably high trade volume earlier this year. In a modification to its Form S-1 filed with the US Securities and Exchange Commission on Monday, Robinhood said its trading activity for January and February was “particularly high” but had fallen by the…

UK Records 96 More Coronavirus Deaths, Highest Daily Aggregate in Nearly Four Months

The UK has recorded 96 more deaths from coronavirus, according to the latest update from the government’s coronavirus dashboard. This is the highest daily total for this measure in nearly four months (since March 24, when 98 deaths were recorded). And, the total number of deaths in the last week increased by 60.6% compared to…