Injection of New Capital Supporting Bitcoin As Long-Term Holders Distribute to Newcomers, According to Glassnode

Injection of New Capital Supporting Bitcoin As Long-Term Holders Distribute to Newcomers, According to Glassnode

Longer-term Bitcoin (BTC) holders have begun trading their coins off to new investors entering the market, according to on-chain analytics firm Glassnode. In a new report, Glassnode says that Bitcoin’s recent move into price discovery above new all-time highs has enticed holders who were far in profit to distribute to a newer investor cohort. The…

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Trump legal news brief: Trump lawyers ask judge to admit cellphone records in push to disqualify DA Fani Willis

Trump legal news brief: Trump lawyers ask judge to admit cellphone records in push to disqualify DA Fani Willis

News At the conclusion of closing arguments in a hearing to decide whether Fulton County District Attorney Fani Willis should be disqualified from prosecuting former President Donald Trump and 18 co-defendants, Judge Scott McAfee says he hopes to have a final decision in two weeks. At another high-stakes hearing in Florida, Judge Aileen Cannon voices…

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Namibia’s oil rush: Following in Guyana’s economic footsteps

Namibia’s oil rush: Following in Guyana’s economic footsteps

Namibia’s burgeoning oil potential mirrors Guyana’s transformative boom, drawing comparisons from industry leaders. With significant discoveries off its coast, including TotalEnergies’ Venus find, Namibia primes itself for economic growth akin to Guyana’s ascent. However, challenges loom, notably in coordinating multiple projects among various operators. As Namibia navigates infrastructure hurdles, insights gleaned from Guyana’s experience guide…

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Russia links concert shooting to “Ukrainian nationalists”; US says ‘nonsense’

Russia links concert shooting to “Ukrainian nationalists”; US says ‘nonsense’

News MOSCOW/WASHINGTON (Reuters) -Russian investigators said on Thursday they had found proof that gunmen who killed more than 140 people at a concert last week were linked to “Ukrainian nationalists”, an assertion immediately dismissed by the United States as baseless propaganda. Russia has said from the outset that it believes Ukraine was linked to the…

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Russia FATF Rating Downgraded Due to ‘Insufficient Crypto Regulation’

Russia FATF Rating Downgraded Due to ‘Insufficient Crypto Regulation’

Last updated: February 29, 2024 18:30 EST | 2 min read The Financial Action Task Force (FATF) has downgraded Russia’s compliance rating due to its “insufficient regulation of virtual assets and cryptocurrencies.” Vedomosti reported that German Neglyad, the Deputy Head of the domestic anti-money-laundering regulator Rosfinmonitoring, said the Russia FATF rating was confirmed at a…

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Alec Hogg: Joining SA’s political, social, economic dots with Second Level Thinking

Alec Hogg: Joining SA’s political, social, economic dots with Second Level Thinking

BizNews editor Alec Hogg drew upon the great investment guru Howard Marks for inspiration in his address this morning to a packed room of Third Age University members in Hermanus. Among the hallmarks of Marks’ approach to investing (and life) is accepting that rational conclusions require ‘deep, complex and convoluted’ thought. Hogg uses this foundation…

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