Bitcoin Price (BTC/USD): BTC Live Chart, News & Analysis

What will undoubtedly happen from a macroeconomic (big picture) perspective... idiots

OKAY. So demand has been reduced dramatically around the world, our $21 trillion GDP has basically been paused for 2 months, so to keep it afloat (rough math), the government had to add $3.5 trillion to keep the economy running somewhat smoothly. That's a lot of printing, you idiots probably expect inflation. Wrong, step away from the US and look at what other countries are doing, the ECB (European Central Bank) and BOJ (Bank of Japan) are having to print trillions of dollars worth of EURO and YEN to keep their economies going, along with every other country getting pounded. Not only that, but since the US dollar makes up 70% of global transactions, in liquidity terms, trillions worth of euro and yen is MUCH MUCH more than any amount Jpow feels like printing, there's no way our printing could offset what the rest of the world is doing, so inflation isn't coming. If you want proof, just look at the euro/usd (going lower) and literally ANY emerging market currency is getting absolutely clapped vs the dollar.

Furthermore, not only is US corporate debt at an all time high, but emerging markets, the eurozone, and asia has borrowed more dollars than ever before at any point in history, basically everyone around the world's debt is denominated in US DOLLARS. So what's about to happen? It's already happening, demand for US dollars is going up because everyone around the world wants to borrow more to offset cash flow concerns and pay off existing debts, which will cause the dollar to increase in value. What happens when the whole world has debt in dollars and the dollar goes up in value? DEBT BECOMES MORE EXPENSIVE. This is DEFLATION, and in particular and even more terrifying DEBT DEFLATION, a phrase that would make Jpow absolutely shit himself (and he knows its coming). This has already started before the whole beervirus nonsense, look at Venezuela and Zimbabwe, they had too much dollar debt, no one wanted to lend to them anymore and whoops, their currency is worthless now. It's going to be like a game of musical chairs for people trying to get access to dollars, starting with emerging markets and eventually moving into the more developed economies. The result: massive corporate bankruptcies, countries defaulting on debt (devaluing their currencies) and eventually a deleveraging of massive proportions. This WILL occur and no amount of printing can stop it, it's already too far gone.

It doesn't matter what the stock market does, other markets around the world will be fucked, honestly it might cause the market to go up because of all the money fleeing other countries trying to find a safe place to live. Here are the plays assholes. TLT will go up because no matter what Jpow says, he doesn't control the fed funds rate, the market does, and US treasury bond yields have already priced in bonds going negative. CPI shows that we may see up to -3% inflation (3% deflation), meaning at .25% fed funds rate, the REAL rate is 3.25%, that is the worst thing possible during a deleveraging because it makes it harder to stimulate the economy, the fed has no choice, rates MUST go lower. Rates go lower, bond prices go up, TLT 12/18 $205c. Remember how I said scared foreign money will want to find a nice safe place to go when we go into the biggest debt crisis the world has seen in over 300 years? GLD 12/18 $240c. Finally, the dollar will rise in value as well so UUP 12/18 $28c.

As far the actual market, we hit a high of SPY 339.08 in February, fell to a low of 218.26 by mid March, and have since then retraced EXACTLY to the 61.8% Fibonacci retracement level at 290, and started to bounce lower from there. I'm no technical analyst, but I do know history. During the greatest crashes in stock market history, 1929, 2001, 2008, the Nikkei in 1989 (Japan) this exact same thing happened, market got scared and fell to lows, then smoked that good hopium for a few weeks or month to retrace between 50% and 61.8% back to previews highs, then absolutely fell off a cliff. If you don't believe me, go look at the charts. Now, I'm personally not going to be betting on the US market falling because of the fact that its just straight up not reflecting reality and there are much better ways to trade on what's occurring (see trades above), but I PROMISE, that we will not be seeing new highs at any point any time soon.

TLDR; The world is going to shit due to the dollars over-dominance of the world market, we will soon see the worst deleveraging in human history, and may very well have to come up with a new fiat money system (probably not bitcoin, but it wouldn't hurt to have some). TLT 12/18 $205c, GLD 12/18 $240c, and UUP 12/18 $28c. If you wanna be an autist and buy weeklys, I can't help you, but I basically just gave you the next big short, so you're welcome.

DISCLAIMER: I didn't say what price to buy at for a reason, timing is extremely important for trades like this, so don't FOMO in and overpay, you will get clapped.
submitted by Rezuwrecked_ to wallstreetbets [link] [comments]

Coinbase Complaint Number☎️ 1844-699-6794 ☎️||| Coinbase Contact US || YTUJHJHHGJ

Coinbase Complaint Number☎️ 1844-699-6794 ☎️||| Coinbase Contact US || YTUJHJHHGJ
Coinbase Complaint Number☎️ 1844-699-6794 ☎️||| Coinbase Contact US || YTUJHJHHGJ
Coinbase Complaint Number☎️ 1844-699-6794 ☎️||| Coinbase Contact US || YTUJHJHHGJ
Coinbase support number 1844-699-6794 CEO Changpeng "CZ" Zhao really doesn't want to tell you where his firm's headquarters is located. #@$#@YUYIUO
To kick off ConsenSys' Ethereal Summit on Thursday, Unchained Podcast host Laura Shin held a cozy fireside chat with Zhao who, to mark the occasion, was wearing a personalized football shirt emblazoned with the Coinbase pro support number 1844-699-6794 brand.
Scheduled for 45 minutes, Zhao spent most of it explaining how libra and China's digital yuan were unlikely to be competitors to existing stablecoin providers; how Coinbase support number 1844-699-6794's smart chain wouldn't tread on Ethereum's toes – "that depends on the definition of competing," he said – and how Coinbase pro support number 1844-699-6794 had an incentive to keep its newly acquired CoinMarketCap independent from the exchange.
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There were only five minutes left on the clock. Zhao was looking confident; he had just batted away a thorny question about an ongoing lawsuit. It was looking like the home stretch.
Then it hit. Shin asked the one question Zhao really didn't want to have to answer, but many want to know: Where is Coinbase support number 1844-699-6794's headquarters?
This seemingly simple question is actually more complex. Until February, Coinbase support number 1844-699-6794 was considered to be based in Malta. That changed when the island European nation announced that, no, Coinbase support number 1844-699-6794 is not under its jurisdiction. Since then Coinbase support number 1844-699-6794 has not said just where, exactly, it is now headquartered.
Little wonder that when asked Zhao reddened; he stammered. He looked off-camera, possibly to an aide. "Well, I think what this is is the beauty of the blockchain, right, so you don't have to ... like where's the Bitcoin office, because Bitcoin doesn't have an office," he said.
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The line trailed off, then inspiration hit. "What kind of horse is a car?" Zhao asked. Coinbase support Service number 1844-699-6794 has loads of offices, he continued, with staff in 50 countries. It was a new type of organization that doesn't need registered bank accounts and postal addresses.
"Wherever I sit, is going to be the Coinbase support number 1844-699-6794 office. Wherever I need somebody, is going to be the Coinbase support number 1844-699-6794 office," he said.
Zhao may have been hoping the host would move onto something easier. But Shin wasn't finished: "But even to do things like to handle, you know, taxes for your employees, like, I think you need a registered business entity, so like why are you obfuscating it, why not just be open about it like, you know, the headquarters is registered in this place, why not just say that?"
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Coinbase Pro Helpline Number Zhao glanced away again, possibly at the person behind the camera. Their program had less than two minutes remaining. "It's not that we don't want to admit it, it's not that we want to obfuscate it or we want to kind of hide it. We're not hiding, we're in the open," he said.
Shin interjected: "What are you saying that you're already some kind of DAO [decentralized autonomous organization]? I mean what are you saying? Because it's not the old way [having a headquarters], it's actually the current way ... I actually don't know what you are or what you're claiming to be."
Coinbase Support Number
Coinbase Pro Support Number
Coinbase Helpline Number
Coinbase Customer Service Number
Coinbase Compailnt Number
Coinbase Pro Helpline Number
Zhao said Coinbase support number 1844-699-6794 isn't a traditional company, more a large team of people "that works together for a common goal." He added: "To be honest, if we classified as a DAO, then there's going to be a lot of debate about why we're not a DAO. So I don't want to go there, either."
"I mean nobody would call you guys a DAO," Shin said, likely disappointed that this wasn't the interview where Zhao made his big reveal.
Time was up. For an easy question to close, Shin asked where Zhao was working from during the coronavirus pandemic.
"I'm in Asia," Zhao said. The blank white wall behind him didn't provide any clues about where in Asia he might be. Shin asked if he could say which country – after all, it's the Earth's largest continent.
"I prefer not to disclose that. I think that's my own privacy," he cut in, ending the interview.
It was a provocative way to start the biggest cryptocurrency and blockchain event of the year.
Coinbase Support Number
Coinbase Pro Support Number
Coinbase Helpline Number
Coinbase Customer Service Number
Coinbase Compailnt Number
Coinbase Pro Helpline Number In the opening session of Consensus: Distributed this week, Lawrence Summers was asked by my co-host Naomi Brockwell about protecting people’s privacy once currencies go digital. His answer: “I think the problems we have now with money involve too much privacy.”
President Clinton’s former Treasury secretary, now President Emeritus at Harvard, referenced the 500-euro note, which bore the nickname “The Bin Laden,” to argue the un-traceability of cash empowers wealthy criminals to finance themselves. “Of all the important freedoms,” he continued, “the ability to possess, transfer and do business with multi-million dollar sums of money anonymously seems to me to be one of the least important.” Summers ended the segment by saying that “if I have provoked others, I will have served my purpose.”
You’re reading Money Reimagined, a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. You can subscribe to this and all of CoinDesk’s newsletters here.
That he did. Among the more than 20,000 registered for the weeklong virtual experience was a large contingent of libertarian-minded folks who see state-backed monitoring of their money as an affront to their property rights.
But with due respect to a man who has had prodigious influence on international economic policymaking, it’s not wealthy bitcoiners for whom privacy matters. It matters for all humanity and, most importantly, for the poor.
Now, as the world grapples with how to collect and disseminate public health information in a way that both saves lives and preserves civil liberties, the principle of privacy deserves to be elevated in importance.
Coinbase Support Number
Coinbase Pro Support Number
Coinbase Helpline Number
Coinbase Customer Service Number
Coinbase Compailnt Number
Coinbase Pro Helpline Number
Just this week, the U.S. Senate voted to extend the 9/11-era Patriot Act and failed to pass a proposed amendment to prevent the Federal Bureau of Investigation from monitoring our online browsing without a warrant. Meanwhile, our heightened dependence on online social connections during COVID-19 isolation has further empowered a handful of internet platforms that are incorporating troves of our personal data into sophisticated predictive behavior models. This process of hidden control is happening right now, not in some future "Westworld"-like existence.
Digital currencies will only worsen this situation. If they are added to this comprehensive surveillance infrastructure, it could well spell the end of the civil liberties that underpin Western civilization.
Yes, freedom matters
Please don’t read this, Secretary Summers, as some privileged anti-taxation take or a self-interested what’s-mine-is-mine demand that “the government stay away from my money.”
Money is just the instrument here. What matters is whether our transactions, our exchanges of goods and services and the source of our economic and social value, should be monitored and manipulated by government and corporate owners of centralized databases. It’s why critics of China’s digital currency plans rightly worry about a “panopticon” and why, in the wake of the Cambridge Analytica scandal, there was an initial backlash against Facebook launching its libra currency.
Writers such as Shoshana Zuboff and Jared Lanier have passionately argued that our subservience to the hidden algorithms of what I like to call “GoogAzonBook” is diminishing our free will. Resisting that is important, not just to preserve the ideal of “the self” but also to protect the very functioning of society.
Markets, for one, are pointless without free will. In optimizing resource allocation, they presume autonomy among those who make up the market. Free will, which I’ll define as the ability to lawfully transact on my own terms without knowingly or unknowingly acting in someone else’s interests to my detriment, is a bedrock of market democracies. Without a sufficient right to privacy, it disintegrates – and in the digital age, that can happen very rapidly.
Also, as I’ve argued elsewhere, losing privacy undermines the fungibility of money. Each digital dollar should be substitutable for another. If our transactions carry a history and authorities can target specific notes or tokens for seizure because of their past involvement in illicit activity, then some dollars become less valuable than other dollars.
The excluded
But to fully comprehend the harm done by encroachments into financial privacy, look to the world’s poor.
An estimated 1.7 billion adults are denied a bank account because they can’t furnish the information that banks’ anti-money laundering (AML) officers need, either because their government’s identity infrastructure is untrusted or because of the danger to them of furnishing such information to kleptocratic regimes. Unable to let banks monitor them, they’re excluded from the global economy’s dominant payment and savings system – victims of a system that prioritizes surveillance over privacy.
Misplaced priorities also contribute to the “derisking” problem faced by Caribbean and Latin American countries, where investment inflows have slowed and financial costs have risen in the past decade. America’s gatekeeping correspondent banks, fearful of heavy fines like the one imposed on HSBC for its involvement in a money laundering scandal, have raised the bar on the kind of personal information that regional banks must obtain from their local clients.
And where’s the payoff? Despite this surveillance system, the U.N. Office on Drugs and Crime estimates that between $800 billion and $2 trillion, or 2%-5% of global gross domestic product, is laundered annually worldwide. The Panama Papers case shows how the rich and powerful easily use lawyers, shell companies, tax havens and transaction obfuscation to get around surveillance. The poor are just excluded from the system.
Caring about privacy
Solutions are coming that wouldn’t require abandoning law enforcement efforts. Self-sovereign identity models and zero-knowledge proofs, for example, grant control over data to the individuals who generate it, allowing them to provide sufficient proof of a clean record without revealing sensitive personal information. But such innovations aren’t getting nearly enough attention.
Few officials inside developed country regulatory agencies seem to acknowledge the cost of cutting off 1.7 billion poor from the financial system. Yet, their actions foster poverty and create fertile conditions for terrorism and drug-running, the very crimes they seek to contain. The reaction to evidence of persistent money laundering is nearly always to make bank secrecy laws even more demanding. Exhibit A: Europe’s new AML 5 directive.
Coinbase Support Number
Coinbase Pro Support Number
Coinbase Helpline Number
Coinbase Customer Service Number
Coinbase Compailnt Number
Coinbase Pro Helpline Number
To be sure, in the Consensus discussion that followed the Summers interview, it was pleasing to hear another former U.S. official take a more accommodative view of privacy. Former Commodities and Futures Trading Commission Chairman Christopher Giancarlo said that “getting the privacy balance right” is a “design imperative” for the digital dollar concept he is actively promoting.
But to hold both governments and corporations to account on that design, we need an aware, informed public that recognizes the risks of ceding their civil liberties to governments or to GoogAzonBook.
Let’s talk about this, people.
A missing asterisk
Control for all variables. At the end of the day, the dollar’s standing as the world’s reserve currency ultimately comes down to how much the rest of the world trusts the United States to continue its de facto leadership of the world economy. In the past, that assessment was based on how well the U.S. militarily or otherwise dealt with human- and state-led threats to international commerce such as Soviet expansionism or terrorism. But in the COVID-19 era only one thing matters: how well it is leading the fight against the pandemic.
So if you’ve already seen the charts below and you’re wondering what they’re doing in a newsletter about the battle for the future of money, that’s why. They were inspired by a staged White House lawn photo-op Tuesday, where President Trump was flanked by a huge banner that dealt quite literally with a question of American leadership. It read, “America Leads the World in Testing.” That’s a claim that’s technically correct, but one that surely demands a big red asterisk. When you’re the third-largest country by population – not to mention the richest – having the highest number of tests is not itself much of an achievement. The claim demands a per capita adjustment. Here’s how things look, first in absolute terms, then adjusted for tests per million inhabitants.
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Coinbase Phone support number 1844-699-6794 has frozen funds linked to Upbit’s prior $50 million data breach after the hackers tried to liquidate a part of the gains. In a recent tweet, Whale Alert warned Coinbase support number 1844-699-6794 that a transaction of 137 ETH (about $28,000) had moved from an address linked to the Upbit hacker group to its wallets.
Less than an hour after the transaction was flagged, Changpeng Zhao, the CEO of Coinbase support number 1844-699-6794, announced that the exchange had frozen the funds. He also added that Coinbase Helpline support number 1844-699-6794 is getting in touch with Upbit to investigate the transaction. In November 2019, Upbit suffered an attack in which hackers stole 342,000 ETH, accounting for approximately $50 million. The hackers managed to take the funds by transferring the ETH from Upbit’s hot wallet to an anonymous crypto address.
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Coinbase Complaint Number☎️ 1844-699-6794 ☎️||| Coinbase Contact US || YTUJHJHHGJ
Coinbase support number 1844-699-6794 CEO Changpeng "CZ" Zhao really doesn't want to tell you where his firm's headquarters is located. #@$#@YUYIUO
To kick off ConsenSys' Ethereal Summit on Thursday, Unchained Podcast host Laura Shin held a cozy fireside chat with Zhao who, to mark the occasion, was wearing a personalized football shirt emblazoned with the Coinbase pro support number 1844-699-6794 brand.
Scheduled for 45 minutes, Zhao spent most of it explaining how libra and China's digital yuan were unlikely to be competitors to existing stablecoin providers; how Coinbase support number 1844-699-6794's smart chain wouldn't tread on Ethereum's toes – "that depends on the definition of competing," he said – and how Coinbase pro support number 1844-699-6794 had an incentive to keep its newly acquired CoinMarketCap independent from the exchange.
Coinbase Support Number
Coinbase Pro Support Number
Coinbase Helpline Number
Coinbase Customer Service Number
Coinbase Compailnt Number
Coinbase Pro Helpline Number
There were only five minutes left on the clock. Zhao was looking confident; he had just batted away a thorny question about an ongoing lawsuit. It was looking like the home stretch.
Then it hit. Shin asked the one question Zhao really didn't want to have to answer, but many want to know: Where is Coinbase support number 1844-699-6794's headquarters?
This seemingly simple question is actually more complex. Until February, Coinbase support number 1844-699-6794 was considered to be based in Malta. That changed when the island European nation announced that, no, Coinbase support number 1844-699-6794 is not under its jurisdiction. Since then Coinbase support number 1844-699-6794 has not said just where, exactly, it is now headquartered.
Little wonder that when asked Zhao reddened; he stammered. He looked off-camera, possibly to an aide. "Well, I think what this is is the beauty of the blockchain, right, so you don't have to ... like where's the Bitcoin office, because Bitcoin doesn't have an office," he said.
Coinbase Support Number
Coinbase Pro Support Number
Coinbase Helpline Number
Coinbase Customer Service Number
Coinbase Compailnt Number
Coinbase Pro Helpline Number
The line trailed off, then inspiration hit. "What kind of horse is a car?" Zhao asked. Coinbase support Service number 1844-699-6794 has loads of offices, he continued, with staff in 50 countries. It was a new type of organization that doesn't need registered bank accounts and postal addresses.
"Wherever I sit, is going to be the Coinbase support number 1844-699-6794 office. Wherever I need somebody, is going to be the Coinbase support number 1844-699-6794 office," he said.
Zhao may have been hoping the host would move onto something easier. But Shin wasn't finished: "But even to do things like to handle, you know, taxes for your employees, like, I think you need a registered business entity, so like why are you obfuscating it, why not just be open about it like, you know, the headquarters is registered in this place, why not just say that?"
Coinbase Support Number
Coinbase Pro Support Number
Coinbase Helpline Number
Coinbase Customer Service Number
Coinbase Compailnt Number
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Coinbase Pro Helpline Number Zhao glanced away again, possibly at the person behind the camera. Their program had less than two minutes remaining. "It's not that we don't want to admit it, it's not that we want to obfuscate it or we want to kind of hide it. We're not hiding, we're in the open," he said.
Shin interjected: "What are you saying that you're already some kind of DAO [decentralized autonomous organization]? I mean what are you saying? Because it's not the old way [having a headquarters], it's actually the current way ... I actually don't know what you are or what you're claiming to be."
Coinbase Support Number
Coinbase Pro Support Number
Coinbase Helpline Number
Coinbase Customer Service Number
Coinbase Compailnt Number
Coinbase Pro Helpline Number
Zhao said Coinbase support number 1844-699-6794 isn't a traditional company, more a large team of people "that works together for a common goal." He added: "To be honest, if we classified as a DAO, then there's going to be a lot of debate about why we're not a DAO. So I don't want to go there, either."
"I mean nobody would call you guys a DAO," Shin said, likely disappointed that this wasn't the interview where Zhao made his big reveal.
Time was up. For an easy question to close, Shin asked where Zhao was working from during the coronavirus pandemic.
"I'm in Asia," Zhao said. The blank white wall behind him didn't provide any clues about where in Asia he might be. Shin asked if he could say which country – after all, it's the Earth's largest continent.
"I prefer not to disclose that. I think that's my own privacy," he cut in, ending the interview.
It was a provocative way to start the biggest cryptocurrency and blockchain event of the year.
Coinbase Support Number
Coinbase Pro Support Number
Coinbase Helpline Number
Coinbase Customer Service Number
Coinbase Compailnt Number
Coinbase Pro Helpline Number In the opening session of Consensus: Distributed this week, Lawrence Summers was asked by my co-host Naomi Brockwell about protecting people’s privacy once currencies go digital. His answer: “I think the problems we have now with money involve too much privacy.”
President Clinton’s former Treasury secretary, now President Emeritus at Harvard, referenced the 500-euro note, which bore the nickname “The Bin Laden,” to argue the un-traceability of cash empowers wealthy criminals to finance themselves. “Of all the important freedoms,” he continued, “the ability to possess, transfer and do business with multi-million dollar sums of money anonymously seems to me to be one of the least important.” Summers ended the segment by saying that “if I have provoked others, I will have served my purpose.”
You’re reading Money Reimagined, a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. You can subscribe to this and all of CoinDesk’s newsletters here.
That he did. Among the more than 20,000 registered for the weeklong virtual experience was a large contingent of libertarian-minded folks who see state-backed monitoring of their money as an affront to their property rights.
But with due respect to a man who has had prodigious influence on international economic policymaking, it’s not wealthy bitcoiners for whom privacy matters. It matters for all humanity and, most importantly, for the poor.
Now, as the world grapples with how to collect and disseminate public health information in a way that both saves lives and preserves civil liberties, the principle of privacy deserves to be elevated in importance.
Coinbase Support Number
Coinbase Pro Support Number
Coinbase Helpline Number
Coinbase Customer Service Number
Coinbase Compailnt Number
Coinbase Pro Helpline Number
Just this week, the U.S. Senate voted to extend the 9/11-era Patriot Act and failed to pass a proposed amendment to prevent the Federal Bureau of Investigation from monitoring our online browsing without a warrant. Meanwhile, our heightened dependence on online social connections during COVID-19 isolation has further empowered a handful of internet platforms that are incorporating troves of our personal data into sophisticated predictive behavior models. This process of hidden control is happening right now, not in some future "Westworld"-like existence.
Digital currencies will only worsen this situation. If they are added to this comprehensive surveillance infrastructure, it could well spell the end of the civil liberties that underpin Western civilization.
Yes, freedom matters
Please don’t read this, Secretary Summers, as some privileged anti-taxation take or a self-interested what’s-mine-is-mine demand that “the government stay away from my money.”
Money is just the instrument here. What matters is whether our transactions, our exchanges of goods and services and the source of our economic and social value, should be monitored and manipulated by government and corporate owners of centralized databases. It’s why critics of China’s digital currency plans rightly worry about a “panopticon” and why, in the wake of the Cambridge Analytica scandal, there was an initial backlash against Facebook launching its libra currency.
Writers such as Shoshana Zuboff and Jared Lanier have passionately argued that our subservience to the hidden algorithms of what I like to call “GoogAzonBook” is diminishing our free will. Resisting that is important, not just to preserve the ideal of “the self” but also to protect the very functioning of society.
Markets, for one, are pointless without free will. In optimizing resource allocation, they presume autonomy among those who make up the market. Free will, which I’ll define as the ability to lawfully transact on my own terms without knowingly or unknowingly acting in someone else’s interests to my detriment, is a bedrock of market democracies. Without a sufficient right to privacy, it disintegrates – and in the digital age, that can happen very rapidly.
Also, as I’ve argued elsewhere, losing privacy undermines the fungibility of money. Each digital dollar should be substitutable for another. If our transactions carry a history and authorities can target specific notes or tokens for seizure because of their past involvement in illicit activity, then some dollars become less valuable than other dollars.
The excluded
But to fully comprehend the harm done by encroachments into financial privacy, look to the world’s poor.
An estimated 1.7 billion adults are denied a bank account because they can’t furnish the information that banks’ anti-money laundering (AML) officers need, either because their government’s identity infrastructure is untrusted or because of the danger to them of furnishing such information to kleptocratic regimes. Unable to let banks monitor them, they’re excluded from the global economy’s dominant payment and savings system – victims of a system that prioritizes surveillance over privacy.
Misplaced priorities also contribute to the “derisking” problem faced by Caribbean and Latin American countries, where investment inflows have slowed and financial costs have risen in the past decade. America’s gatekeeping correspondent banks, fearful of heavy fines like the one imposed on HSBC for its involvement in a money laundering scandal, have raised the bar on the kind of personal information that regional banks must obtain from their local clients.
And where’s the payoff? Despite this surveillance system, the U.N. Office on Drugs and Crime estimates that between $800 billion and $2 trillion, or 2%-5% of global gross domestic product, is laundered annually worldwide. The Panama Papers case shows how the rich and powerful easily use lawyers, shell companies, tax havens and transaction obfuscation to get around surveillance. The poor are just excluded from the system.
Caring about privacy
Solutions are coming that wouldn’t require abandoning law enforcement efforts. Self-sovereign identity models and zero-knowledge proofs, for example, grant control over data to the individuals who generate it, allowing them to provide sufficient proof of a clean record without revealing sensitive personal information. But such innovations aren’t getting nearly enough attention.
Few officials inside developed country regulatory agencies seem to acknowledge the cost of cutting off 1.7 billion poor from the financial system. Yet, their actions foster poverty and create fertile conditions for terrorism and drug-running, the very crimes they seek to contain. The reaction to evidence of persistent money laundering is nearly always to make bank secrecy laws even more demanding. Exhibit A: Europe’s new AML 5 directive.
Coinbase Support Number
Coinbase Pro Support Number
Coinbase Helpline Number
Coinbase Customer Service Number
Coinbase Compailnt Number
Coinbase Pro Helpline Number
To be sure, in the Consensus discussion that followed the Summers interview, it was pleasing to hear another former U.S. official take a more accommodative view of privacy. Former Commodities and Futures Trading Commission Chairman Christopher Giancarlo said that “getting the privacy balance right” is a “design imperative” for the digital dollar concept he is actively promoting.
But to hold both governments and corporations to account on that design, we need an aware, informed public that recognizes the risks of ceding their civil liberties to governments or to GoogAzonBook.
Let’s talk about this, people.
A missing asterisk
Control for all variables. At the end of the day, the dollar’s standing as the world’s reserve currency ultimately comes down to how much the rest of the world trusts the United States to continue its de facto leadership of the world economy. In the past, that assessment was based on how well the U.S. militarily or otherwise dealt with human- and state-led threats to international commerce such as Soviet expansionism or terrorism. But in the COVID-19 era only one thing matters: how well it is leading the fight against the pandemic.
So if you’ve already seen the charts below and you’re wondering what they’re doing in a newsletter about the battle for the future of money, that’s why. They were inspired by a staged White House lawn photo-op Tuesday, where President Trump was flanked by a huge banner that dealt quite literally with a question of American leadership. It read, “America Leads the World in Testing.” That’s a claim that’s technically correct, but one that surely demands a big red asterisk. When you’re the third-largest country by population – not to mention the richest – having the highest number of tests is not itself much of an achievement. The claim demands a per capita adjustment. Here’s how things look, first in absolute terms, then adjusted for tests per million inhabitants.
Coinbase Support Number
Coinbase Pro Support Number
Coinbase Helpline Number
Coinbase Customer Service Number
Coinbase Compailnt Number
Coinbase Pro Helpline Number
Coinbase Phone support number 1844-699-6794 has frozen funds linked to Upbit’s prior $50 million data breach after the hackers tried to liquidate a part of the gains. In a recent tweet, Whale Alert warned Coinbase support number 1844-699-6794 that a transaction of 137 ETH (about $28,000) had moved from an address linked to the Upbit hacker group to its wallets.
Less than an hour after the transaction was flagged, Changpeng Zhao, the CEO of Coinbase support number 1844-699-6794, announced that the exchange had frozen the funds. He also added that Coinbase Helpline support number 1844-699-6794 is getting in touch with Upbit to investigate the transaction. In November 2019, Upbit suffered an attack in which hackers stole 342,000 ETH, accounting for approximately $50 million. The hackers managed to take the funds by transferring the ETH from Upbit’s hot wallet to an anonymous crypto address.
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Slowish Up Day

For Trading September 10th
Kinda Boring Day
Nothing Exceptional
Is TIK TOK Really a Deal?
Today’s market started without a lot of market moving news, although the futures were higher as European markets shrugged off the overnight weakness that carried over to Asia and was higher. The JOLTs # came in at 6.615 million, above the 5.9 expected and there was also a slight revision higher for last month. The market actually had good reason to go lower again with the Astra Zenaca’s news on their vaccine trial, the lack of any stimulus action, and the lack of demand in airline travel. But it didn’t, and although we were higher all day, the volume was week and the A/D’s were nothing to write home about. The DJIA was +439.58 (1.6%) but was up over 700 but the last 30 minutes saw it fall back, NASDAQ +293.87 (2.7%), S&P 500 +67.12 (2%), the Russell +21.,89 (1.45%), and DJ Transports +164.11 (1.5%). The DJIA was exactly the opposite of yesterday with 26 higher and 4 down. The biggest winners were MSFT +57, HD +52, UNH +33 and AAPL +30 DPs and there were no double-digit losers.
Tomorrow we have Initial and continuing claims. Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!! TODAY’S RADIO SHOW: https://youtu.be/DK2hmC0GXFk With my guest: Dennis Marlow! Tonight’s closing comment video: https://youtu.be/bRFoE2jG1B8
SECTORS: We started off the day yesterday with GM taking a $2Billion stake in NKLA and NKLA planning to utilize the GM factories to build their “prospective” pickup truck. Both stocks were higher with NKLA gapping up to open $46.00 and trading as high as $54.56 and closing $50.05 +14.50 (40%), while GM opened $31.55, trading $33.33 and closing $32.38 +2.38 (7.93%). Today they figured out that an upstart with no experience and an old-line auto manufacturer that spend the last 3 decades doing poorly and eliminating several of their lines of business might not be all rainbows and lollipops and sent NKLA back in the opposite direction, losing a touch over half and closing $42.37 -7.68 (15.34%). GM fared better losing only a fraction. LULU posted solid earnings growth and a beat on both earnings and revenues, but it just wasn’t enough as the stock which closed $349.80 -11.61 but then fell to $324 and it was $329.50 -31.91 (8.83%). Today it fell to $315.25 and finished $323.93 -25.87 (7.4%). Slack did a little better and finished $25.24 -4.06, about $2.00 higher than it was trading in after-hours. Today’s action in TIF was not as bad as I would have expected with LVMH calling off their engagement based on some BS order from a government agency that said they should “postpone the marriage” until next year (long passed the agreed date) and essentially violating the agreement. Stay tuned for the lawyers’ statements on both sides. And the big winner was Intra-cellular Therapies, ITCI who had solid topline results for its Bi-polar drug and the stock closed yesterday $18.43 and after trading $42.99 in the pre-market it opened $31.15, traded to $33.74 and closed the day $31.86 +13.43 (72.87%). We also had news late this afternoon that there may be some room for negotiation with the powers that be, to find another way to deal with a deal that DOES NOT involve a sale of TIK TOK. So, does that mean that MSFT, WMT, CRM and any others give back the out-sized gains on the speculation that they were going to own it??
FOOD SUPPLY CHAIN was HIGHER with TSN -.33, BGS +.84, FLO +.20, CPB +.38, CAG +.87, MDLZ +1.11, KHC -.01, CALM -.12, JJSF -1.04, SAFM -.59, HRL +.42, SJM +1.60, PPC +.02, KR +.83, and PBJ $33.69 +.62 (1.88%).
BIOPHARMA was HIGHER with BIIB +4.10, ABBV +1.51, REGN +9.26, ISRG +25.31, GILD +.32, MYL -.39, TEVA +.07, VRTX +4.43, BHC +.27, INCY +1.65, ICPT _+.18, LABU +2.85, and IBB $129.36 +2.48 (1.95%). CANNABIS: was HIGHER with TLRY +.06, CGC +.81, CRON +.11, GWPH +1.37, ACB +.04, NBEV +.03, CURLF +.04, KERN +.08, and MJ $11.75 +.44 (3.89%).
DEFENSE: was HIGHER with LMT +6.77, GD -.76, TXT +.26, NOC +4.85, BWXT +1.09, TDY -.42, RTX +.65, and ITA $162.42 +.28 (.17%).
RETAIL: was LOWER with M -.06, JWN -.72, KSS -.15, DDS -.04, WMT +2.24, TGT +3.99, TJX -.49, RL -1.55, UAA -.35, LULU -22.80 (6.52%), TPR -.30, CPRI1.41 (7.89%), and XRT $51.27 +1.09 (2.17%).
FAANG and Big Cap: were HIGHER with GOOGL +29.40, AMZN +124.21, AAPL +5.69, FB +3.84, NFLX -4.27, NVDA +37.73 (7.92%), TSLA +44.73 (13.55%), BABA +4.32, BIDU +.02, CRM +11.73, BA +.42, CAT +4.87, DIS -.30, and XLK $117.33 +4.55 (4.03%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were HIGHER with GS +1.02, JPM +1.33, BAC +.13, MS +1.08, C +.50, PNC -.39, AIG +.28, TRV +.92, AXP +.11, V +4.77, and XLF $24.89 +.25 (1.01%).
OIL, $38.05 +1.29. Oil was higher in today’s trading and drifted all day. I am looking for about another $1.00 or so before I would consider buying it for a bounce. Nat Gas was unchanged at $2.406 and closed a gap left on the upside that occurred when we were long last month. I was looking at UNG (NG ETF) as a proxy to get long and we bought the UNG 10/16 $14 calls @ $ .57 today.
GOLD $1,954.90 + 11.70, sold off early but didn’t break below the $1905 area I am using as support. It turned back and rallied and closed right near the highs. I did a short update video today: https://youtu.be/KJgk-wmVJ4U I am still a bull on the metal, and we have a September bull call spread on using NEM 65/70 calls with a cost of $1.45, which closed today @ $2.76, and we also added some October 70’s at $1.65 which closed $2.85.
BITCOIN: closed $10,320 +305. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $11.52 +.42 today.
Tomorrow is another day.
CAM
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Cryptomarket. Interim results of 2020 and forecasts.

Cryptomarket. Interim results of 2020 and forecasts
During the last seven months, the currency and cryptocurrency markets have gone through many changes.
From February to mid-July of 2020, investors were looking for safe investments, such as the benchmark of the US Treasury, the dollar, which experienced a historic drop in profitability to below 1% on March 3, 2020.
However, similar to the conditions during the financial crisis of 2008-2009, the dollar had still become the preferred currency for investors, which strengthened its role as the dominant global reserve currency.
Like all other asset classes, the cryptocurrency market first suffered a defeat. The reason for this is the fact that the coronavirus is primarily a liquidity crisis.
However, the economic crisis caused by the closure of businesses, which led to a drop in the value of all major assets in the traditional market, forced people to reconsider their attitude towards investing in cryptocurrencies.
For example, in June, the value of bitcoin increased from $6,800 to $9,800 since the beginning of the year. Note that not many classic assets can boast of such results especially during a pandemic.
The growth of exchange transactions in the cryptocurrency market
During the pandemic, there has also been a significant increase in interest in the cryptocurrency market.
The number of transactions in US dollars increased from February to July of 2020. The chart below shows the increase in transactions since mid-July of 2020.
The popularity of cryptocurrencies. How the business reacted
The business started introducing cryptocurrency into payments more actively. For example, in July, streaming service Twitch announced a 10% discount1 for subscribers who pay for subscriptions using cryptocurrency.
According to Bill Zielke1, Chief Marketing Officer at BitPay, a crypto payment processing system, “Twitch is the first major seller to launch this trend.” Note that Twitch is not the only gaming site and streaming service that offers cryptocurrency support.
“A recent study by Wipro found that 75% of CEOs now see blockchain as a strategic priority in 2020,” said Buck Flannigan, Vice President of Global Partners at Fluree2.
Cryptocurrencies in investments
The main advantage of cryptocurrency is its low correlation compared to traditional and alternative asset classes, which makes it an ideal portfolio diversifier.
According to a recent study by the Frankfurt School of Finance and Management, the allocation of 1% to 5% of investment in cryptocurrencies to a traditional portfolio not only creates additional profitability but also significantly increases the Sharpe ratio, which is the most famous measure for assessing the risk of return.
Compared to the stock and commodity markets, it is still the best performing asset class of 2020. Through the monetary policies of the central banks of the European Union, the United States, and Japan, one can see the vulnerability of the current monetary system, which is causing more and more people to lose confidence in central bank policies and money in its current format.
2020 forecasts and trends: from fiat to crypto
After going through the first half of the year, cryptocurrencies are gaining strength again.
Although it is too early to give predictions for the cryptocurrency market in statistical terms, it should be noted that many investors nowadays are considering cryptocurrencies as an alternative to traditional markets.
Despite the current volatility in the market, investing in cryptocurrencies seems reasonable. There are many electronic services for the exchange and storage of fiat money and cryptocurrency.
The trend towards the coexistence of two types of valuable assets and their active interaction is now very clearly visible. Services for converting fiat money into cryptocurrencies (and vice versa) are gaining more and more popularity.
By the way, it is the exchange services that occupy a significant share of this market.
Despite market fluctuations, the Cratos platform provides an individually customized service for each client. We use global security standards, and thanks to proprietary software, funds are always safe.
_____________________________________________________________________
Sources:
  1. NEWS: Live-Streaming Service Twitch Gives Subscribers 10% Discount if They Pay With Cryptocurrency — https://news.bitcoin.com/live-streaming-service-twitch-gives-subscribers-10-discount-if-they-pay-with-cryptocurrency/
  2. Fluree Launches Global Partner Program; Blockchain-Based Data Platform For Web3 Innovation Builds Ecosystem Powered By Partners — https://aithority.com/technology/blockchain/fluree-launches-global-partner-program-blockchain-based-data-platform-for-web3-innovation-builds-ecosystem-powered-by-partners/
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Binance Support Number 🎧 【+𝐼 】 𝟪𝟦𝟦-𝟫𝟢𝟩-𝒪𝟧𝟪𝟥☎️ Customer Service Number

Binance Support Number 🎧 【+𝐼 】 𝟪𝟦𝟦-𝟫𝟢𝟩-𝒪𝟧𝟪𝟥☎️ Customer Service Number

Binance support number 1844-907-0583 CEO Changpeng "CZ" Zhao really doesn't want to tell you where his firm's headquarters is located.
Binance support number 1844-907-0583 has loads of offices, he continued, with staff in 50 countries. It was a new type of organization that doesn't need registered bank accounts and postal addresses.
To kick off ConsenSys' Ethereal Summit on Thursday, Unchained Podcast host Laura Shin held a cozy fireside chat with Zhao who, to mark the occasion, was wearing a personalized football shirt emblazoned with the Binance support number 1844-907-0583 brand.
Scheduled for 45 minutes, Zhao spent most of it explaining how libra and China's digital yuan were unlikely to be competitors to existing stablecoin providers; how Binance support number 1844-907-0583's smart chain wouldn't tread on Ethereum's toes – "that depends on the definition of competing," he said – and how Binance support number 1844-907-0583 had an incentive to keep its newly acquired CoinMarketCap independent from the exchange.
There were only five minutes left on the clock. Zhao was looking confident; he had just batted away a thorny question about an ongoing lawsuit. It was looking like the home stretch.
Then it hit. Shin asked the one question Zhao really didn't want to have to answer, but many want to know: Where is Binance support number 1844-907-0583's headquarters?
This seemingly simple question is actually more complex. Until February, Binance support number 1844-907-0583 was considered to be based in Malta. That changed when the island European nation announced that, no, Binance support number 1844-907-0583 is not under its jurisdiction. Since then Binance support number 1844-907-0583 has not said just where, exactly, it is now headquartered.
Little wonder that when asked Zhao reddened; he stammered. He looked off-camera, possibly to an aide. "Well, I think what this is is the beauty of the blockchain, right, so you don't have to ... like where's the Bitcoin office, because Bitcoin doesn't have an office," he said.
The line trailed off, then inspiration hit. "What kind of horse is a car?" Zhao asked. "Wherever I sit, is going to be the Binance support number 1844-907-0583 office. Wherever I need somebody, is going to be the Binance support number 1844-907-0583 office," he said.
Zhao may have been hoping the host would move onto something easier. But Shin wasn't finished: "But even to do things like to handle, you know, taxes for your employees, like, I think you need a registered business entity, so like why are you obfuscating it, why not just be open about it like, you know, the headquarters is registered in this place, why not just say that?"
Zhao glanced away again, possibly at the person behind the camera. Their program had less than two minutes remaining. "It's not that we don't want to admit it, it's not that we want to obfuscate it or we want to kind of hide it. We're not hiding, we're in the open," he said.
Shin interjected: "What are you saying that you're already some kind of DAO [decentralized autonomous organization]? I mean what are you saying? Because it's not the old way [having a headquarters], it's actually the current way ... I actually don't know what you are or what you're claiming to be."
Zhao said Binance support number 1844-907-0583 isn't a traditional company, more a large team of people "that works together for a common goal." He added: "To be honest, if we classified as a DAO, then there's going to be a lot of debate about why we're not a DAO. So I don't want to go there, either."
"I mean nobody would call you guys a DAO," Shin said, likely disappointed that this wasn't the interview where Zhao made his big reveal.
Time was up. For an easy question to close, Shin asked where Zhao was working from during the coronavirus pandemic.
"I'm in Asia," Zhao said. The blank white wall behind him didn't provide any clues about where in Asia he might be. Shin asked if he could say which country – after all, it's the Earth's largest continent.
"I prefer not to disclose that. I think that's my own privacy," he cut in, ending the interview.
It was a provocative way to start the biggest cryptocurrency and blockchain event of the year.
In the opening session of Consensus: Distributed this week, Lawrence Summers was asked by my co-host Naomi Brockwell about protecting people’s privacy once currencies go digital. His answer: “I think the problems we have now with money involve too much privacy.”
President Clinton’s former Treasury secretary, now President Emeritus at Harvard, referenced the 500-euro note, which bore the nickname “The Bin Laden,” to argue the un-traceability of cash empowers wealthy criminals to finance themselves. “Of all the important freedoms,” he continued, “the ability to possess, transfer and do business with multi-million dollar sums of money anonymously seems to me to be one of the least important.” Summers ended the segment by saying that “if I have provoked others, I will have served my purpose.”
You’re reading Money Reimagined, a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. You can subscribe to this and all of CoinDesk’s newsletters here.
That he did. Among the more than 20,000 registered for the weeklong virtual experience was a large contingent of libertarian-minded folks who see state-backed monitoring of their money as an affront to their property rights.
But with due respect to a man who has had prodigious influence on international economic policymaking, it’s not wealthy bitcoiners for whom privacy matters. It matters for all humanity and, most importantly, for the poor.
Now, as the world grapples with how to collect and disseminate public health information in a way that both saves lives and preserves civil liberties, the principle of privacy deserves to be elevated in importance.
Just this week, the U.S. Senate voted to extend the 9/11-era Patriot Act and failed to pass a proposed amendment to prevent the Federal Bureau of Investigation from monitoring our online browsing without a warrant. Meanwhile, our heightened dependence on online social connections during COVID-19 isolation has further empowered a handful of internet platforms that are incorporating troves of our personal data into sophisticated predictive behavior models. This process of hidden control is happening right now, not in some future "Westworld"-like existence.
Digital currencies will only worsen this situation. If they are added to this comprehensive surveillance infrastructure, it could well spell the end of the civil liberties that underpin Western civilization.
Yes, freedom matters
Please don’t read this, Secretary Summers, as some privileged anti-taxation take or a self-interested what’s-mine-is-mine demand that “the government stay away from my money.”
Money is just the instrument here. What matters is whether our transactions, our exchanges of goods and services and the source of our economic and social value, should be monitored and manipulated by government and corporate owners of centralized databases. It’s why critics of China’s digital currency plans rightly worry about a “panopticon” and why, in the wake of the Cambridge Analytica scandal, there was an initial backlash against Facebook launching its libra currency.
Writers such as Shoshana Zuboff and Jared Lanier have passionately argued that our subservience to the hidden algorithms of what I like to call “GoogAzonBook” is diminishing our free will. Resisting that is important, not just to preserve the ideal of “the self” but also to protect the very functioning of society.
Markets, for one, are pointless without free will. In optimizing resource allocation, they presume autonomy among those who make up the market. Free will, which I’ll define as the ability to lawfully transact on my own terms without knowingly or unknowingly acting in someone else’s interests to my detriment, is a bedrock of market democracies. Without a sufficient right to privacy, it disintegrates – and in the digital age, that can happen very rapidly.
Also, as I’ve argued elsewhere, losing privacy undermines the fungibility of money. Each digital dollar should be substitutable for another. If our transactions carry a history and authorities can target specific notes or tokens for seizure because of their past involvement in illicit activity, then some dollars become less valuable than other dollars.
The excluded
But to fully comprehend the harm done by encroachments into financial privacy, look to the world’s poor.
An estimated 1.7 billion adults are denied a bank account because they can’t furnish the information that banks’ anti-money laundering (AML) officers need, either because their government’s identity infrastructure is untrusted or because of the danger to them of furnishing such information to kleptocratic regimes. Unable to let banks monitor them, they’re excluded from the global economy’s dominant payment and savings system – victims of a system that prioritizes surveillance over privacy.
Misplaced priorities also contribute to the “derisking” problem faced by Caribbean and Latin American countries, where investment inflows have slowed and financial costs have risen in the past decade. America’s gatekeeping correspondent banks, fearful of heavy fines like the one imposed on HSBC for its involvement in a money laundering scandal, have raised the bar on the kind of personal information that regional banks must obtain from their local clients.
And where’s the payoff? Despite this surveillance system, the U.N. Office on Drugs and Crime estimates that between $800 billion and $2 trillion, or 2%-5% of global gross domestic product, is laundered annually worldwide. The Panama Papers case shows how the rich and powerful easily use lawyers, shell companies, tax havens and transaction obfuscation to get around surveillance. The poor are just excluded from the system.
Caring about privacy
Solutions are coming that wouldn’t require abandoning law enforcement efforts. Self-sovereign identity models and zero-knowledge proofs, for example, grant control over data to the individuals who generate it, allowing them to provide sufficient proof of a clean record without revealing sensitive personal information. But such innovations aren’t getting nearly enough attention.
Few officials inside developed country regulatory agencies seem to acknowledge the cost of cutting off 1.7 billion poor from the financial system. Yet, their actions foster poverty and create fertile conditions for terrorism and drug-running, the very crimes they seek to contain. The reaction to evidence of persistent money laundering is nearly always to make bank secrecy laws even more demanding. Exhibit A: Europe’s new AML 5 directive.
To be sure, in the Consensus discussion that followed the Summers interview, it was pleasing to hear another former U.S. official take a more accommodative view of privacy. Former Commodities and Futures Trading Commission Chairman Christopher Giancarlo said that “getting the privacy balance right” is a “design imperative” for the digital dollar concept he is actively promoting.
But to hold both governments and corporations to account on that design, we need an aware, informed public that recognizes the risks of ceding their civil liberties to governments or to GoogAzonBook.
Let’s talk about this, people.
A missing asterisk
Control for all variables. At the end of the day, the dollar’s standing as the world’s reserve currency ultimately comes down to how much the rest of the world trusts the United States to continue its de facto leadership of the world economy. In the past, that assessment was based on how well the U.S. militarily or otherwise dealt with human- and state-led threats to international commerce such as Soviet expansionism or terrorism. But in the COVID-19 era only one thing matters: how well it is leading the fight against the pandemic.
So if you’ve already seen the charts below and you’re wondering what they’re doing in a newsletter about the battle for the future of money, that’s why. They were inspired by a staged White House lawn photo-op Tuesday, where President Trump was flanked by a huge banner that dealt quite literally with a question of American leadership. It read, “America Leads the World in Testing.” That’s a claim that’s technically correct, but one that surely demands a big red asterisk. When you’re the third-largest country by population – not to mention the richest – having the highest number of tests is not itself much of an achievement. The claim demands a per capita adjustment. Here’s how things look, first in absolute terms, then adjusted for tests per million inhabitants.
Binance support number 1844-907-0583 has frozen funds linked to Upbit’s prior $50 million data breach after the hackers tried to liquidate a part of the gains. In a recent tweet, Whale Alert warned Binance support number 1844-907-0583 that a transaction of 137 ETH (about $28,000) had moved from an address linked to the Upbit hacker group to its wallets.
Less than an hour after the transaction was flagged, Changpeng Zhao, the CEO of Binance support number 1844-907-0583, announced that the exchange had frozen the funds. He also added that Binance support number 1844-907-0583 is getting in touch with Upbit to investigate the transaction. In November 2019, Upbit suffered an attack in which hackers stole 342,000 ETH, accounting for approximately $50 million. The hackers managed to take the funds by transferring the ETH from Upbit’s hot wallet to an anonymous crypto address.
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Today's Pre-Market News [Wednesday, February 12th, 2020]

Good morning traders and investors of the wallstreetbets sub! Welcome to Wednesday. Here is your pre-market news this AM-

Today's Top Headlines for Wednesday, February 12th, 2020

STOCK FUTURES CURRENTLY:

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YESTERDAY'S MARKET MAP:

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TODAY'S MARKET MAP:

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YESTERDAY'S S&P SECTORS:

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TODAY'S S&P SECTORS:

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TODAY'S ECONOMIC CALENDAR:

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THIS WEEK'S ECONOMIC CALENDAR:

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THIS WEEK'S UPCOMING IPO'S:

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THIS WEEK'S EARNINGS CALENDAR:

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THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

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EARNINGS RELEASES BEFORE THE OPEN TODAY:

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EARNINGS RELEASES AFTER THE CLOSE TODAY:

(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #1!)
(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #2!)

YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:

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YESTERDAY'S INSIDER TRADING FILINGS:

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TODAY'S DIVIDEND CALENDAR:

([CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!](https://i.imgur.com/ifUy0wj.png)
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THIS MORNING'S MOST ACTIVE TRENDING TICKERS:

  • SHOP
  • TEVA
  • CVS
  • LYFT
  • ROKU
  • BBBY
  • MRNA
  • CYBR

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)
CVS Health (CVS) – The drug store operator beat estimates by 5 cents a share, with quarterly earnings of $1.73 per share. Revenue also beat forecasts and CVS gave a full-year EPS outlook of $7.04 to $7.17, compared to a consensus estimate of $7.15 a share.

STOCK SYMBOL: CVS

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Molson Coors (TAP) – The beer brewer earned $1.02 per share for the fourth quarter, well above the 78 cents a share consensus estimate. Revenue also beat Wall Street projections, despite what Molson Coors calls “significant headwinds and continued volume declines.”

STOCK SYMBOL: TAP

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Teva Pharmaceutical (TEVA) – The world’s largest generic drugmaker beat estimates by a penny a share, with quarterly profit of 62 cents per share. Revenue also topped expectations.

STOCK SYMBOL: TEVA

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Moody’s (MCO) – The credit-rating agency earned $2.00 per share for the fourth quarter, 7 cents a share above estimates. Revenue also came in above analysts’ forecasts. The company’s full-year outlook for 2020 is also largely above consensus. Moody’s said it is benefiting from increased global bond issuance, as well as increasing demand for research from its Moody’s Analytics unit.

STOCK SYMBOL: MCO

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Shopify (SHOP) – The e-commerce platform company earned an adjusted 43 cents per share for its latest quarter, compared to a consensus estimate of 24 cents a share. Revenue also beat forecasts on strong Black Friday and Cyber Monday sales on Shopify’s platform.

STOCK SYMBOL: SHOP

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CyberArk Software (CYBR) – The cybersecurity company beat estimates by 16 cents A share, with quarterly earnings of 97 cents per share. Revenue also came in above consensus. CyberArk said, however, that its full-year adjusted EPS outlook is $2.26-$2.38, below the consensus estimate of $2.79 a share.

STOCK SYMBOL: CYBR

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Lyft (LYFT) – Lyft lost $1.19 per share for the fourth quarter, 20 cents a share less than Wall Street had been expecting. The ride-hailing service’s revenue beat consensus estimates. Lyft also said it is still on track to achieve a key measure of profitability by the end of 2021.

STOCK SYMBOL: LYFT

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Bed Bath & Beyond (BBBY) – The housewares retailer said same-store sales were down a greater-than-expected 5.4% in December and January, amid increased promotional pricing, lower store traffic, and issues with inventory management.

STOCK SYMBOL: BBBY

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Akamai Technologies (AKAM) – Akamai reported adjusted quarterly earnings of $1.23 per share, 10 cents a share above estimates. Akamai’s ’s revenue also beat Street forecasts. Results were driven by strong growth in its cloud security unit, as well as upbeat results for its flagship content delivery platform business.

STOCK SYMBOL: AKAM

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Alphabet (GOOGL) – Alphabet’s Google unit will be in court today, seeking to overturn one of three record European Union antitrust fines. Google had been fined $2.6 billion for allegedly favoring its own price comparison shopping service over those of smaller European competitors.

STOCK SYMBOL: GOOGL

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NCR (NCR) – NCR beat estimates by a penny a share, with quarterly profit of 85 cents per share. The payment processing software and services provider’s revenue was also above Street forecasts.

STOCK SYMBOL: NCR

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Western Union (WU) – Western Union reported quarterly earnings of 38 cents per share, 5 cents a share below estimates. The payment processing company’s revenue also beat forecasts, and Western Union gave an upbeat outlook for 2020. The company announced a 13% increase in its quarterly dividend as well.

STOCK SYMBOL: WU

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Macerich (MAC) – Macerich was downgraded to “underweight” from “neutral” at Piper Sandler, which thinks Simon Property’s (SPG) acquisition of Taubman Centers (TCO) makes an acquisition of the shopping center operator less likely.

STOCK SYMBOL: MAC

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DISCUSS!

What's on everyone's radar for today's trading day ahead here at wallstreetbets?

I hope you all have an excellent trading day ahead today on this Wednesday, February 12th, 2020! :)

submitted by bigbear0083 to wallstreetbets [link] [comments]

KYC is absolutely not acceptable for MakerDAO!

I've heard that founder of MakerDAO is not strictly against KYC. I have a message to whole community and specifically to a founder of MakerDAO Rune Christensen. I will explain using concrete examples why having KYC in MakerDAO is a grave mistake and it will lead to MakerDAO fork.
Many people in the first world never actually understand why financial privacy and financial inclusion is important. Even people (in the first world) who seemingly supportive of such ideas are not able to provide any concrete examples of why it's actually important.
Unfortunately, I was born in a "wrong" country (Uzbekistan) and I experienced first hand what financial exclusion actually means. I know first hand that annoying feeling when you read polite, boilerplate rejection letter from financial institution based in first world. So I had to become practical libertarian. I'm going to give you concrete examples of financial discrimination against me. Then I'm going to explain fundamental reasons why it happens. And finally, I'm going to explain my vision for DAI.
Back in 2005, I lived in Uzbekistan. I had an idea to invest in US stocks. I was very naive and I didn't know anything about investing, compliance, bank transfers, KYC etc. All I knew is nice long term charts of US stocks and what P/E means. I didn't contact any US brokerage but I checked information about account opening and how to transfer money there. I approached local bank in Uzbekistan and asked how to transfer money to Bank of New York. Banker's face was like - WOW, WTF?!?! They asked me to go to private room to talk with senior manager. Senior manager of local bank in Uzbekistan asked me why I wanted to transfer money to US. They told me that it's absolutely impossible to transfer money to US/EU and pretty much anywhere. I approached nearly every local bank in the town and they told me the same.
In 2012, I already lived in Moscow and acquired Russian citizenship. I got back to my old idea - investing in US stocks. I called to many US brokerages and all of them politely rejected me. Usually when I called I asked them if I can open an account with them. They told me to hold on line. After long pause, I was able to speak with "senior" support who politely explain me that Russia in their list of restricted countries and they can't open an account for me. Finally, I was able to open an account with OptionsXpress. Next challenge was to convince local Russian bank to transfer money to US. Back then in 2012, I was able to get permission to do so. So you might say - is this happy end?
Fast forwarding US brokerage story to 2017, OptionsXpress was acquired by Charles Schwab. I was notified that my OptionsXpress account will be migrated to Charles Schwab platform. In 2017, I already lived in the Netherlands (but still having Russian citizenship). I wasn't happy with my stupid job in the Netherlands. I called Charles Schwab and asked if I quit my job in the Netherlands and have to return to Russia, what will happen with my account. Schwab told me that they will restrict my account, so I can't do anything except closing my account. So even if I was long term customer of OptionsXpress, Charles Schwab is not fully okay with me.
Going back to 2013, I still lived in Russia. I had another idea. What if I quit my job and build some SAAS platform (or whatever) and sell my stuff to US customers. So I need some website which accept US credit cards. I contacted my Russian bank (who previously allowed me to transfer money to OptionsXpress) about steps to make in order to accept US credit cards in Russia. I've been told explicitly in email that they won't allow me to accept US credit cards under any circumstances.
Back then I still believed in "the free west". So I thought - no problem, I will just open bank account abroad and do all operations from my foreign account. I planned vacation in Hong Kong. And Hong Kong is freest economy in the world. Looks like it's right place to open bank account. I contacted HSBC Hong Kong via email. Their general support assured me that I can open bank account with them if I'm foreigner. I flew to Hong Kong for vacation and visited HSBC branch. Of course, they rejected me. But they recommended me to visit last floor in their HQ building, they told me that another HSBC branch specializes on opening bank accounts for foreigners. I went there and they said minimum amount to open bank account is 10 mil HKD (1.27 mil USD). Later I learned that it's called private banking.
When I relocated to the Netherlands, I asked ABN Amro staff - what's happen with my bank account if I quit/lose my job in the Netherlands and have to return back to Russia. I've been told that I can't have my dutch bank account if I go back to Russia even if I already used their bank for 2+ years.
I still had idea that I would like to quit my job and do something for myself. The problem is that I'm Russian citizen and I don't have any residency which is independent from my employment. So if I quit my job in the Netherlands, I have to return back to Russia. I wanted to see how I would get payments from US/EU customers. I found Stripe Atlas, it's so exciting, they help you to incorporate in US, and even help with banking, all process of receiving credit card payments is very smooth. But as usual in my case, there is a catch - Russia in their list of restricted countries.
Speaking of centralized compliance-friendly (e.g. KYC) crypto exchanges. This year I live and work in Hong Kong. Earlier this year, I thought it would be nice to have an account at local crypto exchange in Hong Kong so I can quickly transfer money from my bank account in Hong Kong to crypto exchange using FPS (local payment system for fast bank transfers). What could go wrong? After all Hong Kong is freest economy in the world, right? I submitted KYC documents to crypto exchange called Weever including copy of my Hong Kong ID as they requested. They very quickly responded that they need copy of my passport as well. I submitted copy of my Russian passport. This time they got silent. After a few days, they sent me email saying that Russia is on the US Office of Foreign Assets Control sanction list, so they just require me to fill a form about source of the funds. I told them that the source of my funds is salary, my Hong Kong bank can confirm that along with my employment contract. They got very silent after I sent them a filled form. After a week of silence I asked them - when my account get approved? They said that their compliance office will review my application soon. And they got very silent again. I waited for two or three weeks. Then I asked them again. And I immediately got email with title - Rejection for Weever Account Opening. And text of email was:
We are sorry to inform you that Weever may not be able to accept your account opening application at this stage.
Exactly the same situation I had with one crypto exchange in Europe back in 2017. Luckily I have accounts at other crypto exchanges including Gemini, one of most compliance obsessed exchange in the world. Although I don't keep my money there because I can't trust them, who knows what might come into head of their compliance officer one sunny day.
By the way, I'm living and working outside of Russia for quite a few years. The situation with crypto exchanges is much worse for those who still living in Russia.
I give you a few other examples of financial discrimination is not related to troubles with my Russian citizenship.
Back in 2018, I still lived in the Netherlands. I logged in into my brokerage account just to buy US ETFs as I always do - SPY and QQQ. I placed my order and it failed to fill. I thought it's just a technical problem with my brokerage account. After a few failed attempts to send buy orders for SPY and QQQ, I contacted their support. What they told me was shocking and completely unexpected. They said I'm not permitted to buy US ETFs anymore as EU resident because EU passed a law to protect retail investors. So as a EU resident I'm allowed to be exposed to more risk by buying individual US stocks but I'm not allowed to reduce my risk by buying SPY because ... EU wants to protect me. I felt final result of new law. By the way, on paper their law looks fine.
And the final example. It's a known fact that US public market become less attractive in recent decades. Due to heavy regulatory burden companies prefer to go public very late. So if successful unicorn startup grows from its inception/genesis to late adoption, company's valuation would be 3-5 orders of orders of magnitude. For example, if valuation of successful company at inception is 1 Mil USD, then at its very latest stage it's valuation would be 10 Bil USD. So we have 10'000 times of growth. In the best case scenario, company would go public at 1 Bil USD 5-10 years before reaching its peak 10 Bil USD. So investors in private equity could enjoy 1000 fold growth and just leave for public only last 10 fold growth stretched in time. In the worst case scenario, company would go public at 10 Bil USD, i.e. at its historical peak. But there are well known platforms to buy shares of private companies, one of such platforms is Forge Global. You can buy shares of almost all blue chip startups. You can even invest in SpaceX! But as always, there is a catch - US government wants to protect not just US citizens but all people in the world (sounds ridiculous, right?). US law requires you to have 1 Mil USD net worth or 200'000 USD annual income if you want to buy shares of non-public company. So if you are high-net worth individual you can be called "accredited investor". Funny thing is that the law intends to protect US citizens but even if you are not US citizen and never even lived in US, this law is still applies to you in practice. So if you are "poor loser", platforms like Forge Global will reject you.
So high-net worth individuals have access and opportunity to Bitcoin-style multi-magnitude growth every 5-10 years. Contrary to private equity markets, US public markets is low risk/low return type of market. If you have small amount of capital, it's just glorified way to protect yourself from inflation plus some little return on top. It's not bad, US public market is a still great way to store your wealth. But I'm deeply convinced that for small capital you must seek fundamentally different type of market - high risk/high return. It's just historical luck that Bitcoin/Ethereum/etc were available for general public from day one. But in reality, viral/exponential growth is happening quite often. It's just you don't have access to such type of markets due to regulatory reasons.
I intentionally described these examples of financial discrimination in full details as I experienced them because I do feel that vast majority of people in the first world honestly think that current financial system works just fine and only criminals and terrorists are banned. In reality that's not true at all. 99.999% of innocent people are completely cut off from modern financial system in the name of fighting against money laundering.
Here is a big picture why it's happening. There are rich countries (so called western world) and poor countries (so called third world). Financial wall is carefully built by two sides. Authoritarian leaders of poor countries almost always want full control over their population, they don't like market economy, and since market forces don't value their crappy legal system (because it works only for close friends of authoritarian leader) they must implement strict capital control. Otherwise, all capital will run away from their country because nobody really respects their crappy legal system. It only has value under heavy gun of government. Only friends of authoritarian leader can move their money out of country but not you.
Leaders of rich countries want to protect their economy from "dirty money" coming from third world. Since citizens of poor countries never vote for leaders of rich countries nobody really cares if rich country just ban everyone from poor country. It's the most lazy way to fight against money laundering - simply ban everyone from certain country.
Actually if you look deeper you will see that rich countries very rarely directly ban ordinary people from third world. Usually, there is no such law which doesn't allow me to open bank account somewhere in Europe as non-EU resident. What's really happens is that US/EU government implement very harsh penalties for financial institutions if anything ever goes wrong.
So what's actually happens is that financial institutions (banks, brokerages etc) do de-risking. This is the most important word you must know about traditional financial system!
So if you have wrong passport, financial institution (for example) bank from rich country just doesn't want to take any risks dealing with you even if you are willing to provide full documentation about your finances. It's well known fact that banks in Hong Kong, Europe, US like to unexpectedly shutdown accounts of thousands innocent businesses due to de-risking.
So it's actually de-risking is the real reason why I was rejected so many times by financial institutions in the first world!!! It's de-risking actually responsible for banning 99.999% of innocent people. So governments of rich democratic countries formally have clean hands because they are not banning ordinary people from third world directly. All dirty job is done by financial institutions but governments are well aware of that, it's just more convenient way to discriminate. And nobody actually cares! Ordinary citizens in rich countries are never exposed to such problems and they really don't care about people in third world, after all they are not citizens of US/EU/UK/CH/CA/HK/SG/JP/AU/NZ.
And now are you ready for the most hilarious part? If you are big corrupt bureaucrat from Russia you are actually welcome by the first world financial institutions! All Russian's junta keep their stolen money all across Europe and even in US. You might wonder how this is possible if the western financial system is so aggressive in de-risking.
Here is a simple equation which financial institution should solve when they decide whether to open an account for you or not:
Y - R = net profit
Where:
Y - how much profit they can make with you;
R - how much regulatory risk they take while working with you;
That's it! It's very simple equation. So if you are really big junta member from Russia you are actually welcome according to this equation. Banks have special name for serving (ultra) high-net worth individuals, it's called private banking. It's has nothing to do with the fact that bank is private. It's just fancy name for banking for rich.
So what's usually happen in real world. Some Estonian or Danish bank got caught with large scale money laundering from Russia. European leaders are ashamed in front of their voters. They implement new super harsh law against money laundering to keep their voters happy. Voters are ordinary people, they don't care about details of new regulations. So banks get scared and abruptly shutdown ALL accounts of Russian customers. And European voters are happy.
Modern money laundering laws are like shooting mouse in your house using bazooka! It's very efficient to kill mouse, right?
Now imagine world without financial borders. It's hard to do so because we are all get so used to current status quo of traditional financial system. But with additional effort you can start asking questions - if Internet economy is so global and it doesn't really matter where HQ of startup is located, why they are all concentrated in just a few tiny places like Silicon Valley and ... well, that's mostly it if you count the biggest unicorns!
Another question would be - why so many talented russian, indian, chinese programmers just go to the same places like San Francisco, London and make super rich companies like Amazon, Google, Facebook, Apple to get even richer? If all you need is laptop and access to internet, why you don't see any trade happening between first and third world?
Well actually there is a trade between first and third world but it's not exactly what I want to see. Usually third world countries sell their natural resources through giant corporations to the first world.
So it's possible to get access to the first world market from third world but this access usually granted only to big and established companies (and usually it means not innovative).
Unicorns are created through massive parallel experiment. Every week bunch of new startups are created in Silicon Valley. Thousands and thousands startups are created in Silicon Valley with almost instant access to global market. Just by law of large numbers you have a very few of them who later become unicorns and dominate the world.
But if you have wrong passport and you are located in "wrong" country where every attempt to access global market is very costly, then you most likely not to start innovative startup in the first place. In the best case scenario, you just create either local business or just local copy-paste startup (copied from the west) oriented on (relatively small) domestic market. Obviously in such setup it's predictable that places like Silicon Valley will have giant advantage and as a result all unicorns get concentrated in just a few tiny places.
In the world without financial barriers there will be much smaller gap between rich and poor countries. With low barrier of entry, it won't be a game when winner takes all.
Whole architecture of decentralized cryptocurrencies is intended to remove middle man and make transactions permissionless. Governments are inherently opposite to that, they are centralized and permissioned. Therefore, decentralized cryptocurrencies are fundamentally incompatible with traditional financial system which is full of middle mans and regulations (i.e. permissions).
Real value of crypto are coming from third world, not the first world. People are buying crypto in rich countries just want to invest. Their financial system and their fiat money are more or less already working for them. So there is no immediate urgency to get rid of fiat money in the first world. So the first world citizens buying crypto on centralized KYCd exchanges are essentially making side bet on the success of crypto in third world.
Real and natural environment of cryptocurrencies is actually dark OTC market in places like Venezuela and China.
But cryptocurrencies like Bitcoin and Ethereum have a big limitation to wide adoption in third world - high volatility.
So the real target audience is oppressed (both by their own government and by first world governments) ordinary citizens of third world countries yet they are least who can afford to take burden of high volatility.
Right now, Tether is a big thing for dark markets across the world (by the way, dark market doesn't automatically imply bad!). But Tether soon or later be smashed by US/EU regulators.
The only real and working permissionless stable cryptocurrency (avoiding hyped word - stablecoin) is DAI.
DAI is the currency for post-Tether world to lead dark OTC market around the world and subvert fiat currencies of oppressive third world governments.
Once DAI become de-facto widespread currency in shadow economy in all of third world, then it will be accepted (after many huge push backs from governments) as a new reality. I'm talking about 10-20+ years time horizon.
But if MakerDAO chooses the route of being compliance friendly then DAI will lose its real target audience (i.e. third world).
I can not imagine US/EU calmly tolerate someone buying US stocks and using as a collateral to issue another security (i.e. DAI) which is going to be traded somewhere in Venezuela! You can not be compliance friendly and serve people in Venezuela.
Facebook's Libra was stupidest thing I've seen. It's extremely stupid to ask permission from the first world regulators to serve third world and create borderless economy. Another stupid thing is to please third world governments as well. For example, Libra (if ever run) will not serve Indian, Chinese, Venezuelan people. Who is then going to use stupid Libra? Hipsters in Silicon Valley? Why? US dollars are good enough already.
submitted by omgcoin to MakerDAO [link] [comments]

Binance Customer Care Number +(𝟣) 𝟪𝟦𝟦-𝟫𝟣𝟪-𝟢𝟧𝟪𝟣 Call Now and Talk To Rep

Binance Customer Care Number +(𝟣) 𝟪𝟦𝟦-𝟫𝟣𝟪-𝟢𝟧𝟪𝟣

Binance support number 1844-918-0581 CEO Changpeng "CZ" Zhao really doesn't want to tell you where his firm's headquarters is located.
To kick off ConsenSys' Ethereal Summit on Thursday, Unchained Podcast host Laura Shin held a cozy fireside chat with Zhao who, to mark the occasion, was wearing a personalized football shirt emblazoned with the Binance support number 1844-918-0581 brand.
Scheduled for 45 minutes, Zhao spent most of it explaining how libra and China's digital yuan were unlikely to be competitors to existing stablecoin providers; how Binance support number 1844-918-0581's smart chain wouldn't tread on Ethereum's toes – "that depends on the definition of competing," he said – and how Binance support number 1844-918-0581 had an incentive to keep its newly acquired CoinMarketCap independent from the exchange.
There were only five minutes left on the clock. Zhao was looking confident; he had just batted away a thorny question about an ongoing lawsuit. It was looking like the home stretch.
Then it hit. Shin asked the one question Zhao really didn't want to have to answer, but many want to know: Where is Binance support number 1844-918-0581's headquarters?
This seemingly simple question is actually more complex. Until February, Binance support number 1844-918-0581 was considered to be based in Malta. That changed when the island European nation announced that, no, Binance support number 1844-918-0581 is not under its jurisdiction. Since then Binance support number 1844-918-0581 has not said just where, exactly, it is now headquartered.
Little wonder that when asked Zhao reddened; he stammered. He looked off-camera, possibly to an aide. "Well, I think what this is is the beauty of the blockchain, right, so you don't have to ... like where's the Bitcoin office, because Bitcoin doesn't have an office," he said.
The line trailed off, then inspiration hit. "What kind of horse is a car?" Zhao asked. Binance support number 1844-918-0581 has loads of offices, he continued, with staff in 50 countries. It was a new type of organization that doesn't need registered bank accounts and postal addresses.
"Wherever I sit, is going to be the Binance support number 1844-918-0581 office. Wherever I need somebody, is going to be the Binance support number 1844-918-0581 office," he said.
Zhao may have been hoping the host would move onto something easier. But Shin wasn't finished: "But even to do things like to handle, you know, taxes for your employees, like, I think you need a registered business entity, so like why are you obfuscating it, why not just be open about it like, you know, the headquarters is registered in this place, why not just say that?"
Zhao glanced away again, possibly at the person behind the camera. Their program had less than two minutes remaining. "It's not that we don't want to admit it, it's not that we want to obfuscate it or we want to kind of hide it. We're not hiding, we're in the open," he said.
Shin interjected: "What are you saying that you're already some kind of DAO [decentralized autonomous organization]? I mean what are you saying? Because it's not the old way [having a headquarters], it's actually the current way ... I actually don't know what you are or what you're claiming to be."
Zhao said Binance support number 1844-918-0581 isn't a traditional company, more a large team of people "that works together for a common goal." He added: "To be honest, if we classified as a DAO, then there's going to be a lot of debate about why we're not a DAO. So I don't want to go there, either."
"I mean nobody would call you guys a DAO," Shin said, likely disappointed that this wasn't the interview where Zhao made his big reveal.
Time was up. For an easy question to close, Shin asked where Zhao was working from during the coronavirus pandemic.
"I'm in Asia," Zhao said. The blank white wall behind him didn't provide any clues about where in Asia he might be. Shin asked if he could say which country – after all, it's the Earth's largest continent.
"I prefer not to disclose that. I think that's my own privacy," he cut in, ending the interview.
It was a provocative way to start the biggest cryptocurrency and blockchain event of the year.
In the opening session of Consensus: Distributed this week, Lawrence Summers was asked by my co-host Naomi Brockwell about protecting people’s privacy once currencies go digital. His answer: “I think the problems we have now with money involve too much privacy.”
President Clinton’s former Treasury secretary, now President Emeritus at Harvard, referenced the 500-euro note, which bore the nickname “The Bin Laden,” to argue the un-traceability of cash empowers wealthy criminals to finance themselves. “Of all the important freedoms,” he continued, “the ability to possess, transfer and do business with multi-million dollar sums of money anonymously seems to me to be one of the least important.” Summers ended the segment by saying that “if I have provoked others, I will have served my purpose.”
You’re reading Money Reimagined, a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. You can subscribe to this and all of CoinDesk’s newsletters here.
That he did. Among the more than 20,000 registered for the weeklong virtual experience was a large contingent of libertarian-minded folks who see state-backed monitoring of their money as an affront to their property rights.
But with due respect to a man who has had prodigious influence on international economic policymaking, it’s not wealthy bitcoiners for whom privacy matters. It matters for all humanity and, most importantly, for the poor.
Now, as the world grapples with how to collect and disseminate public health information in a way that both saves lives and preserves civil liberties, the principle of privacy deserves to be elevated in importance.
Just this week, the U.S. Senate voted to extend the 9/11-era Patriot Act and failed to pass a proposed amendment to prevent the Federal Bureau of Investigation from monitoring our online browsing without a warrant. Meanwhile, our heightened dependence on online social connections during COVID-19 isolation has further empowered a handful of internet platforms that are incorporating troves of our personal data into sophisticated predictive behavior models. This process of hidden control is happening right now, not in some future "Westworld"-like existence.
Digital currencies will only worsen this situation. If they are added to this comprehensive surveillance infrastructure, it could well spell the end of the civil liberties that underpin Western civilization.
Yes, freedom matters
Please don’t read this, Secretary Summers, as some privileged anti-taxation take or a self-interested what’s-mine-is-mine demand that “the government stay away from my money.”
Money is just the instrument here. What matters is whether our transactions, our exchanges of goods and services and the source of our economic and social value, should be monitored and manipulated by government and corporate owners of centralized databases. It’s why critics of China’s digital currency plans rightly worry about a “panopticon” and why, in the wake of the Cambridge Analytica scandal, there was an initial backlash against Facebook launching its libra currency.
Writers such as Shoshana Zuboff and Jared Lanier have passionately argued that our subservience to the hidden algorithms of what I like to call “GoogAzonBook” is diminishing our free will. Resisting that is important, not just to preserve the ideal of “the self” but also to protect the very functioning of society.
Markets, for one, are pointless without free will. In optimizing resource allocation, they presume autonomy among those who make up the market. Free will, which I’ll define as the ability to lawfully transact on my own terms without knowingly or unknowingly acting in someone else’s interests to my detriment, is a bedrock of market democracies. Without a sufficient right to privacy, it disintegrates – and in the digital age, that can happen very rapidly.
Also, as I’ve argued elsewhere, losing privacy undermines the fungibility of money. Each digital dollar should be substitutable for another. If our transactions carry a history and authorities can target specific notes or tokens for seizure because of their past involvement in illicit activity, then some dollars become less valuable than other dollars.
The excluded
But to fully comprehend the harm done by encroachments into financial privacy, look to the world’s poor.
An estimated 1.7 billion adults are denied a bank account because they can’t furnish the information that banks’ anti-money laundering (AML) officers need, either because their government’s identity infrastructure is untrusted or because of the danger to them of furnishing such information to kleptocratic regimes. Unable to let banks monitor them, they’re excluded from the global economy’s dominant payment and savings system – victims of a system that prioritizes surveillance over privacy.
Misplaced priorities also contribute to the “derisking” problem faced by Caribbean and Latin American countries, where investment inflows have slowed and financial costs have risen in the past decade. America’s gatekeeping correspondent banks, fearful of heavy fines like the one imposed on HSBC for its involvement in a money laundering scandal, have raised the bar on the kind of personal information that regional banks must obtain from their local clients.
And where’s the payoff? Despite this surveillance system, the U.N. Office on Drugs and Crime estimates that between $800 billion and $2 trillion, or 2%-5% of global gross domestic product, is laundered annually worldwide. The Panama Papers case shows how the rich and powerful easily use lawyers, shell companies, tax havens and transaction obfuscation to get around surveillance. The poor are just excluded from the system.
Caring about privacy
Solutions are coming that wouldn’t require abandoning law enforcement efforts. Self-sovereign identity models and zero-knowledge proofs, for example, grant control over data to the individuals who generate it, allowing them to provide sufficient proof of a clean record without revealing sensitive personal information. But such innovations aren’t getting nearly enough attention.
Few officials inside developed country regulatory agencies seem to acknowledge the cost of cutting off 1.7 billion poor from the financial system. Yet, their actions foster poverty and create fertile conditions for terrorism and drug-running, the very crimes they seek to contain. The reaction to evidence of persistent money laundering is nearly always to make bank secrecy laws even more demanding. Exhibit A: Europe’s new AML 5 directive.
To be sure, in the Consensus discussion that followed the Summers interview, it was pleasing to hear another former U.S. official take a more accommodative view of privacy. Former Commodities and Futures Trading Commission Chairman Christopher Giancarlo said that “getting the privacy balance right” is a “design imperative” for the digital dollar concept he is actively promoting.
But to hold both governments and corporations to account on that design, we need an aware, informed public that recognizes the risks of ceding their civil liberties to governments or to GoogAzonBook.
Let’s talk about this, people.
A missing asterisk
Control for all variables. At the end of the day, the dollar’s standing as the world’s reserve currency ultimately comes down to how much the rest of the world trusts the United States to continue its de facto leadership of the world economy. In the past, that assessment was based on how well the U.S. militarily or otherwise dealt with human- and state-led threats to international commerce such as Soviet expansionism or terrorism. But in the COVID-19 era only one thing matters: how well it is leading the fight against the pandemic.
So if you’ve already seen the charts below and you’re wondering what they’re doing in a newsletter about the battle for the future of money, that’s why. They were inspired by a staged White House lawn photo-op Tuesday, where President Trump was flanked by a huge banner that dealt quite literally with a question of American leadership. It read, “America Leads the World in Testing.” That’s a claim that’s technically correct, but one that surely demands a big red asterisk. When you’re the third-largest country by population – not to mention the richest – having the highest number of tests is not itself much of an achievement. The claim demands a per capita adjustment. Here’s how things look, first in absolute terms, then adjusted for tests per million inhabitants.
Binance support number 1844-918-0581 has frozen funds linked to Upbit’s prior $50 million data breach after the hackers tried to liquidate a part of the gains. In a recent tweet, Whale Alert warned Binance support number 1844-918-0581 that a transaction of 137 ETH (about $28,000) had moved from an address linked to the Upbit hacker group to its wallets.
Less than an hour after the transaction was flagged, Changpeng Zhao, the CEO of Binance support number 1844-918-0581, announced that the exchange had frozen the funds. He also added that Binance support number 1844-918-0581 is getting in touch with Upbit to investigate the transaction. In November 2019, Upbit suffered an attack in which hackers stole 342,000 ETH, accounting for approximately $50 million. The hackers managed to take the funds by transferring the ETH from Upbit’s hot wallet to an anonymous crypto address.
submitted by Witty-Sound to u/Witty-Sound [link] [comments]

Today's Pre-Market News [Wednesday, February 12th, 2020]

Good morning traders and investors of the stocks sub! Welcome to Wednesday. Here is your pre-market news this AM-

Today's Top Headlines for Wednesday, February 12th, 2020

STOCK FUTURES CURRENTLY:

(CLICK HERE FOR STOCK FUTURES CHARTS!)

YESTERDAY'S MARKET MAP:

(CLICK HERE FOR YESTERDAY'S MARKET MAP!)

TODAY'S MARKET MAP:

(CLICK HERE FOR TODAY'S MARKET MAP!)

YESTERDAY'S S&P SECTORS:

(CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)

TODAY'S S&P SECTORS:

(CLICK HERE FOR TODAY'S S&P SECTORS CHART!)

TODAY'S ECONOMIC CALENDAR:

(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

THIS WEEK'S ECONOMIC CALENDAR:

(CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)

THIS WEEK'S UPCOMING IPO'S:

(CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!)

THIS WEEK'S EARNINGS CALENDAR:

(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

(CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)

EARNINGS RELEASES BEFORE THE OPEN TODAY:

(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)

EARNINGS RELEASES AFTER THE CLOSE TODAY:

(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #1!)
(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #2!)

YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:

(CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!)
(CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!)
(CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #3!)

YESTERDAY'S INSIDER TRADING FILINGS:

(CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS!)

TODAY'S DIVIDEND CALENDAR:

([CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!](https://i.imgur.com/ifUy0wj.png)
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)

THIS MORNING'S MOST ACTIVE TRENDING TICKERS:

  • SHOP
  • TEVA
  • CVS
  • LYFT
  • ROKU
  • BBBY
  • MRNA
  • CYBR

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)
CVS Health (CVS) – The drug store operator beat estimates by 5 cents a share, with quarterly earnings of $1.73 per share. Revenue also beat forecasts and CVS gave a full-year EPS outlook of $7.04 to $7.17, compared to a consensus estimate of $7.15 a share.

STOCK SYMBOL: CVS

(CLICK HERE FOR LIVE STOCK QUOTE!)
Molson Coors (TAP) – The beer brewer earned $1.02 per share for the fourth quarter, well above the 78 cents a share consensus estimate. Revenue also beat Wall Street projections, despite what Molson Coors calls “significant headwinds and continued volume declines.”

STOCK SYMBOL: TAP

(CLICK HERE FOR LIVE STOCK QUOTE!)
Teva Pharmaceutical (TEVA) – The world’s largest generic drugmaker beat estimates by a penny a share, with quarterly profit of 62 cents per share. Revenue also topped expectations.

STOCK SYMBOL: TEVA

(CLICK HERE FOR LIVE STOCK QUOTE!)
Moody’s (MCO) – The credit-rating agency earned $2.00 per share for the fourth quarter, 7 cents a share above estimates. Revenue also came in above analysts’ forecasts. The company’s full-year outlook for 2020 is also largely above consensus. Moody’s said it is benefiting from increased global bond issuance, as well as increasing demand for research from its Moody’s Analytics unit.

STOCK SYMBOL: MCO

(CLICK HERE FOR LIVE STOCK QUOTE!)
Shopify (SHOP) – The e-commerce platform company earned an adjusted 43 cents per share for its latest quarter, compared to a consensus estimate of 24 cents a share. Revenue also beat forecasts on strong Black Friday and Cyber Monday sales on Shopify’s platform.

STOCK SYMBOL: SHOP

(CLICK HERE FOR LIVE STOCK QUOTE!)
CyberArk Software (CYBR) – The cybersecurity company beat estimates by 16 cents A share, with quarterly earnings of 97 cents per share. Revenue also came in above consensus. CyberArk said, however, that its full-year adjusted EPS outlook is $2.26-$2.38, below the consensus estimate of $2.79 a share.

STOCK SYMBOL: CYBR

(CLICK HERE FOR LIVE STOCK QUOTE!)
Lyft (LYFT) – Lyft lost $1.19 per share for the fourth quarter, 20 cents a share less than Wall Street had been expecting. The ride-hailing service’s revenue beat consensus estimates. Lyft also said it is still on track to achieve a key measure of profitability by the end of 2021.

STOCK SYMBOL: LYFT

(CLICK HERE FOR LIVE STOCK QUOTE!)
Bed Bath & Beyond (BBBY) – The housewares retailer said same-store sales were down a greater-than-expected 5.4% in December and January, amid increased promotional pricing, lower store traffic, and issues with inventory management.

STOCK SYMBOL: BBBY

(CLICK HERE FOR LIVE STOCK QUOTE!)
Akamai Technologies (AKAM) – Akamai reported adjusted quarterly earnings of $1.23 per share, 10 cents a share above estimates. Akamai’s ’s revenue also beat Street forecasts. Results were driven by strong growth in its cloud security unit, as well as upbeat results for its flagship content delivery platform business.

STOCK SYMBOL: AKAM

(CLICK HERE FOR LIVE STOCK QUOTE!)
Alphabet (GOOGL) – Alphabet’s Google unit will be in court today, seeking to overturn one of three record European Union antitrust fines. Google had been fined $2.6 billion for allegedly favoring its own price comparison shopping service over those of smaller European competitors.

STOCK SYMBOL: GOOGL

(CLICK HERE FOR LIVE STOCK QUOTE!)
NCR (NCR) – NCR beat estimates by a penny a share, with quarterly profit of 85 cents per share. The payment processing software and services provider’s revenue was also above Street forecasts.

STOCK SYMBOL: NCR

(CLICK HERE FOR LIVE STOCK QUOTE!)
Western Union (WU) – Western Union reported quarterly earnings of 38 cents per share, 5 cents a share below estimates. The payment processing company’s revenue also beat forecasts, and Western Union gave an upbeat outlook for 2020. The company announced a 13% increase in its quarterly dividend as well.

STOCK SYMBOL: WU

(CLICK HERE FOR LIVE STOCK QUOTE!)
Macerich (MAC) – Macerich was downgraded to “underweight” from “neutral” at Piper Sandler, which thinks Simon Property’s (SPG) acquisition of Taubman Centers (TCO) makes an acquisition of the shopping center operator less likely.

STOCK SYMBOL: MAC

(CLICK HERE FOR LIVE STOCK QUOTE!)

DISCUSS!

What's on everyone's radar for today's trading day ahead here at stocks?

I hope you all have an excellent trading day ahead today on this Wednesday, February 12th, 2020! :)

submitted by bigbear0083 to stocks [link] [comments]

Today's Pre-Market News [Wednesday, February 12th, 2020]

Good morning traders and investors of the StockMarket sub! Welcome to Wednesday. Here is your pre-market news this AM-

(CLICK HERE TO VIEW THE FULL SOURCE!)

Today's Top Headlines for Wednesday, February 12th, 2020

STOCK FUTURES CURRENTLY:

(CLICK HERE FOR STOCK FUTURES CHARTS!)

YESTERDAY'S MARKET MAP:

(CLICK HERE FOR YESTERDAY'S MARKET MAP!)

TODAY'S MARKET MAP:

(CLICK HERE FOR TODAY'S MARKET MAP!)

YESTERDAY'S S&P SECTORS:

(CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)

TODAY'S S&P SECTORS:

(CLICK HERE FOR TODAY'S S&P SECTORS CHART!)

TODAY'S ECONOMIC CALENDAR:

(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

THIS WEEK'S ECONOMIC CALENDAR:

(CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)

THIS WEEK'S UPCOMING IPO'S:

(CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!)

THIS WEEK'S EARNINGS CALENDAR:

(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

(CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)

EARNINGS RELEASES BEFORE THE OPEN TODAY:

(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)

EARNINGS RELEASES AFTER THE CLOSE TODAY:

(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #1!)
(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #2!)

YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:

(CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!)
(CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!)
(CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #3!)

YESTERDAY'S INSIDER TRADING FILINGS:

(CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS!)

TODAY'S DIVIDEND CALENDAR:

([CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!](https://i.imgur.com/ifUy0wj.png)
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)

THIS MORNING'S MOST ACTIVE TRENDING TICKERS:

  • SHOP
  • TEVA
  • CVS
  • LYFT
  • ROKU
  • BBBY
  • MRNA
  • CYBR

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)
CVS Health (CVS) – The drug store operator beat estimates by 5 cents a share, with quarterly earnings of $1.73 per share. Revenue also beat forecasts and CVS gave a full-year EPS outlook of $7.04 to $7.17, compared to a consensus estimate of $7.15 a share.

STOCK SYMBOL: CVS

(CLICK HERE FOR LIVE STOCK QUOTE!)
Molson Coors (TAP) – The beer brewer earned $1.02 per share for the fourth quarter, well above the 78 cents a share consensus estimate. Revenue also beat Wall Street projections, despite what Molson Coors calls “significant headwinds and continued volume declines.”

STOCK SYMBOL: TAP

(CLICK HERE FOR LIVE STOCK QUOTE!)
Teva Pharmaceutical (TEVA) – The world’s largest generic drugmaker beat estimates by a penny a share, with quarterly profit of 62 cents per share. Revenue also topped expectations.

STOCK SYMBOL: TEVA

(CLICK HERE FOR LIVE STOCK QUOTE!)
Moody’s (MCO) – The credit-rating agency earned $2.00 per share for the fourth quarter, 7 cents a share above estimates. Revenue also came in above analysts’ forecasts. The company’s full-year outlook for 2020 is also largely above consensus. Moody’s said it is benefiting from increased global bond issuance, as well as increasing demand for research from its Moody’s Analytics unit.

STOCK SYMBOL: MCO

(CLICK HERE FOR LIVE STOCK QUOTE!)
Shopify (SHOP) – The e-commerce platform company earned an adjusted 43 cents per share for its latest quarter, compared to a consensus estimate of 24 cents a share. Revenue also beat forecasts on strong Black Friday and Cyber Monday sales on Shopify’s platform.

STOCK SYMBOL: SHOP

(CLICK HERE FOR LIVE STOCK QUOTE!)
CyberArk Software (CYBR) – The cybersecurity company beat estimates by 16 cents A share, with quarterly earnings of 97 cents per share. Revenue also came in above consensus. CyberArk said, however, that its full-year adjusted EPS outlook is $2.26-$2.38, below the consensus estimate of $2.79 a share.

STOCK SYMBOL: CYBR

(CLICK HERE FOR LIVE STOCK QUOTE!)
Lyft (LYFT) – Lyft lost $1.19 per share for the fourth quarter, 20 cents a share less than Wall Street had been expecting. The ride-hailing service’s revenue beat consensus estimates. Lyft also said it is still on track to achieve a key measure of profitability by the end of 2021.

STOCK SYMBOL: LYFT

(CLICK HERE FOR LIVE STOCK QUOTE!)
Bed Bath & Beyond (BBBY) – The housewares retailer said same-store sales were down a greater-than-expected 5.4% in December and January, amid increased promotional pricing, lower store traffic, and issues with inventory management.

STOCK SYMBOL: BBBY

(CLICK HERE FOR LIVE STOCK QUOTE!)
Akamai Technologies (AKAM) – Akamai reported adjusted quarterly earnings of $1.23 per share, 10 cents a share above estimates. Akamai’s ’s revenue also beat Street forecasts. Results were driven by strong growth in its cloud security unit, as well as upbeat results for its flagship content delivery platform business.

STOCK SYMBOL: AKAM

(CLICK HERE FOR LIVE STOCK QUOTE!)
Alphabet (GOOGL) – Alphabet’s Google unit will be in court today, seeking to overturn one of three record European Union antitrust fines. Google had been fined $2.6 billion for allegedly favoring its own price comparison shopping service over those of smaller European competitors.

STOCK SYMBOL: GOOGL

(CLICK HERE FOR LIVE STOCK QUOTE!)
NCR (NCR) – NCR beat estimates by a penny a share, with quarterly profit of 85 cents per share. The payment processing software and services provider’s revenue was also above Street forecasts.

STOCK SYMBOL: NCR

(CLICK HERE FOR LIVE STOCK QUOTE!)
Western Union (WU) – Western Union reported quarterly earnings of 38 cents per share, 5 cents a share below estimates. The payment processing company’s revenue also beat forecasts, and Western Union gave an upbeat outlook for 2020. The company announced a 13% increase in its quarterly dividend as well.

STOCK SYMBOL: WU

(CLICK HERE FOR LIVE STOCK QUOTE!)
Macerich (MAC) – Macerich was downgraded to “underweight” from “neutral” at Piper Sandler, which thinks Simon Property’s (SPG) acquisition of Taubman Centers (TCO) makes an acquisition of the shopping center operator less likely.

STOCK SYMBOL: MAC

(CLICK HERE FOR LIVE STOCK QUOTE!)

FULL DISCLOSURE:

bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.

DISCUSS!

What's on everyone's radar for today's trading day ahead here at StockMarket?

I hope you all have an excellent trading day ahead today on this Wednesday, February 12th, 2020! :)

submitted by bigbear0083 to StockMarket [link] [comments]

Today's Pre-Market News [Wednesday, February 12th, 2020]

Good morning traders and investors of the smallstreetbets sub! Welcome to Wednesday. Here is your pre-market news this AM-

Today's Top Headlines for Wednesday, February 12th, 2020

STOCK FUTURES CURRENTLY:

(CLICK HERE FOR STOCK FUTURES CHARTS!)

YESTERDAY'S MARKET MAP:

(CLICK HERE FOR YESTERDAY'S MARKET MAP!)

TODAY'S MARKET MAP:

(CLICK HERE FOR TODAY'S MARKET MAP!)

YESTERDAY'S S&P SECTORS:

(CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)

TODAY'S S&P SECTORS:

(CLICK HERE FOR TODAY'S S&P SECTORS CHART!)

TODAY'S ECONOMIC CALENDAR:

(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

THIS WEEK'S ECONOMIC CALENDAR:

(CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)

THIS WEEK'S UPCOMING IPO'S:

(CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!)

THIS WEEK'S EARNINGS CALENDAR:

(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

(CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)

EARNINGS RELEASES BEFORE THE OPEN TODAY:

(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)

EARNINGS RELEASES AFTER THE CLOSE TODAY:

(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #1!)
(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #2!)

YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:

(CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!)
(CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!)
(CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #3!)

YESTERDAY'S INSIDER TRADING FILINGS:

(CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS!)

TODAY'S DIVIDEND CALENDAR:

([CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!](https://i.imgur.com/ifUy0wj.png)
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)

THIS MORNING'S MOST ACTIVE TRENDING TICKERS:

  • SHOP
  • TEVA
  • CVS
  • LYFT
  • ROKU
  • BBBY
  • MRNA
  • CYBR

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)
CVS Health (CVS) – The drug store operator beat estimates by 5 cents a share, with quarterly earnings of $1.73 per share. Revenue also beat forecasts and CVS gave a full-year EPS outlook of $7.04 to $7.17, compared to a consensus estimate of $7.15 a share.

STOCK SYMBOL: CVS

(CLICK HERE FOR LIVE STOCK QUOTE!)
Molson Coors (TAP) – The beer brewer earned $1.02 per share for the fourth quarter, well above the 78 cents a share consensus estimate. Revenue also beat Wall Street projections, despite what Molson Coors calls “significant headwinds and continued volume declines.”

STOCK SYMBOL: TAP

(CLICK HERE FOR LIVE STOCK QUOTE!)
Teva Pharmaceutical (TEVA) – The world’s largest generic drugmaker beat estimates by a penny a share, with quarterly profit of 62 cents per share. Revenue also topped expectations.

STOCK SYMBOL: TEVA

(CLICK HERE FOR LIVE STOCK QUOTE!)
Moody’s (MCO) – The credit-rating agency earned $2.00 per share for the fourth quarter, 7 cents a share above estimates. Revenue also came in above analysts’ forecasts. The company’s full-year outlook for 2020 is also largely above consensus. Moody’s said it is benefiting from increased global bond issuance, as well as increasing demand for research from its Moody’s Analytics unit.

STOCK SYMBOL: MCO

(CLICK HERE FOR LIVE STOCK QUOTE!)
Shopify (SHOP) – The e-commerce platform company earned an adjusted 43 cents per share for its latest quarter, compared to a consensus estimate of 24 cents a share. Revenue also beat forecasts on strong Black Friday and Cyber Monday sales on Shopify’s platform.

STOCK SYMBOL: SHOP

(CLICK HERE FOR LIVE STOCK QUOTE!)
CyberArk Software (CYBR) – The cybersecurity company beat estimates by 16 cents A share, with quarterly earnings of 97 cents per share. Revenue also came in above consensus. CyberArk said, however, that its full-year adjusted EPS outlook is $2.26-$2.38, below the consensus estimate of $2.79 a share.

STOCK SYMBOL: CYBR

(CLICK HERE FOR LIVE STOCK QUOTE!)
Lyft (LYFT) – Lyft lost $1.19 per share for the fourth quarter, 20 cents a share less than Wall Street had been expecting. The ride-hailing service’s revenue beat consensus estimates. Lyft also said it is still on track to achieve a key measure of profitability by the end of 2021.

STOCK SYMBOL: LYFT

(CLICK HERE FOR LIVE STOCK QUOTE!)
Bed Bath & Beyond (BBBY) – The housewares retailer said same-store sales were down a greater-than-expected 5.4% in December and January, amid increased promotional pricing, lower store traffic, and issues with inventory management.

STOCK SYMBOL: BBBY

(CLICK HERE FOR LIVE STOCK QUOTE!)
Akamai Technologies (AKAM) – Akamai reported adjusted quarterly earnings of $1.23 per share, 10 cents a share above estimates. Akamai’s ’s revenue also beat Street forecasts. Results were driven by strong growth in its cloud security unit, as well as upbeat results for its flagship content delivery platform business.

STOCK SYMBOL: AKAM

(CLICK HERE FOR LIVE STOCK QUOTE!)
Alphabet (GOOGL) – Alphabet’s Google unit will be in court today, seeking to overturn one of three record European Union antitrust fines. Google had been fined $2.6 billion for allegedly favoring its own price comparison shopping service over those of smaller European competitors.

STOCK SYMBOL: GOOGL

(CLICK HERE FOR LIVE STOCK QUOTE!)
NCR (NCR) – NCR beat estimates by a penny a share, with quarterly profit of 85 cents per share. The payment processing software and services provider’s revenue was also above Street forecasts.

STOCK SYMBOL: NCR

(CLICK HERE FOR LIVE STOCK QUOTE!)
Western Union (WU) – Western Union reported quarterly earnings of 38 cents per share, 5 cents a share below estimates. The payment processing company’s revenue also beat forecasts, and Western Union gave an upbeat outlook for 2020. The company announced a 13% increase in its quarterly dividend as well.

STOCK SYMBOL: WU

(CLICK HERE FOR LIVE STOCK QUOTE!)
Macerich (MAC) – Macerich was downgraded to “underweight” from “neutral” at Piper Sandler, which thinks Simon Property’s (SPG) acquisition of Taubman Centers (TCO) makes an acquisition of the shopping center operator less likely.

STOCK SYMBOL: MAC

(CLICK HERE FOR LIVE STOCK QUOTE!)

DISCUSS!

What's on everyone's radar for today's trading day ahead here at smallstreetbets?

I hope you all have an excellent trading day ahead today on this Wednesday, February 12th, 2020! :)

submitted by bigbear0083 to smallstreetbets [link] [comments]

Bitcoin Live Trading - Tom Crown Live Bitcoin Chart Liquidation Watch: 17 August 2020 - YouTube Bitcoin Live Stream - bitcoin charts live with BTC price ... Live Bitcoin Chart Liquidation Watch: August 7 2020 - YouTube Live Bitcoin Liquidation Watch: May 17 2020 - YouTube

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