Month: October 2019

2019 has been a remarkable year for cryptocurrencies, and much of that was marked by the hugely impressive Bitcoin rally during the first half of the year. However, that rally seems to have fizzled out, and the world’s biggest cryptocurrency has been experiencing a sustained slump. Bitcoin Holds Gain Moreover, the cryptocurrency has also been
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PHILADELPHIA — Strong investor demand for Philadelphia bonds underscores the city’s fiscal strides, according to Mayor Jim Kenney. A $293.4 million general obligation bond offering Aug. 1 was more than 10 times oversubscribed and netted Philadelphia $15.9 million in interest savings compared to its previous GO deal. Two weeks later the city completed a $250.7
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Bitcoin’s price was quoted in five digits across cryptocurrency exchanges earlier today, but the breakout into $10,000 was short-lived. The number one cryptocurrency by market value jumped to $10,350 at 01:45 UTC – the highest level since Sept. 24 – according to Bitstamp data. Meanwhile, the global average price, as calculated by CoinDesk’s Bitcoin Price
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S&P Global Ratings said it made 166 affirmations, 67 downgrades and 23 upgrades on 256 classes of outstanding tobacco settlement revenue bonds that had been on negative CreditWatch. All of the ABS transactions are backed by tobacco settlement revenues resulting from master settlement agreement payments. S&P said the January and May CreditWatch placements reflected both
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Instrument The VanEck Vectors Russia ETF (RSX) is a fund that offers exposure to equities from Russia, which include publicly-traded companies that are incorporated in Russia or that are incorporated outside of Russia but has at least 50% of their revenues/related assets in Russia. Source: VanEck Macro Data In September, the growth rate of Russian
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