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The wildly popular investment and analysis magazine announced the move yesterday, years after calling Bitcoin a “terrible investment.”To get more news about WikiFX, you can visit wikifx.com official website.
The Fool buys Bitcoin
“We‘re buying $5 million in Bitcoin on our own balance sheet. That’s right. $5 million,” reads a release by investment and analysis company Motley Fool. And in case you wonder what is that—it one of the worlds most popular newsletters on equities and emerging market opportunities.
Motley Fool has historically shunned Bitcoin. In 2013, it said that the asset was potentially a “terrible investment,” giving over ten reasons at the time. But the tables have turned.The firm‘s investment narrative is similar to the one stated by MicroStrategy, Tesla, Paul Tudor Jones, and others—it’s led by a search for store-of-value more effective than gold over the long term, a potential medium for transactions (as/if pricing stabilizes in the decade ahead), and as a productive “hedge against inflation.”
It added that its investment—and further recommendation to potential investors—was part of the ambitious “10x portfolio,” one included 39 other stocks with the potential to return over ten times of the initial investment over the next 10-15 years.
“We think Bitcoin can play a role within a diversified portfolio built with a focus on the long term,” the firm said.As such, the firm said that it was focused on the long-term opportunity that Bitcoin presented and hence didn‘t worry about the asset’s volatility in the short term. “We plan to hold this Bitcoin investment for many years and well wait for all of our members in our new 10X service to be able to buy before we do,” it added.
“We arent buying overpriced ETFs as our route into Bitcoin. We are buying Bitcoin directly,” the firm explained.
Meanwhile, some in the crypto industry pointed that The Motley Fools late entry into the Bitcoin space was a potential miss, considering the possible, hypothetically gain that could have occurred.
“If the Fools had made their $5 million allocation when they published this article, it would be worth $2.5 billion today,” noted Jameson Lopp, the founder of Bitcoin technology firm Casa.
Tron price hit a new 2021-high at $0.061 on February 13 and had a major 25% correction down to $0.045. Since then, the digital asset has established a robust support trendline and aims for a breakout above a crucial resistance point.To get more news about WikiFX, you can visit wikifx.com official website.
Tron price is on the verge of a 30% move
On the 4-hour chart, TRX bulls have established a strong support trendline formed since February 10. The critical resistance level is $0.0537, which is the 78.6% Fibonacci level of the $0.027 to $0.061 rally. Tron price has been rejected several times from this crucial resistance point. A breakout above $0.0537 will quickly push Tron price to at least the last high of $0.061 and potentially as high as $0.07, which is the 127.2% Fibonacci level.
On the other hand, if the bulls can't hold the key support trendline, Tron price can quickly dive towards the 61.8% Fibonacci level at $0.047 and the 50% level at $0.0437. TRX could drop as low as $0.039 at the 38.2% Fib level.
Instead of helpful tools, your efficiency in using these tools decides whether you can trade successfully. The best strategy that earns you money is sticking to a robust trading system.To get more news about WikiFX, you can visit wikifx.com official website.
Don't doubt your proven system. What makes one an expert is not trading skills but stable psychological endurance. Those experts could trade according to their systems even in the most challenging times. They are keenly aware that they must change the myopic mindset and adhere to fixed profit patterns with patience and confidence.
Confusing trading philosophy and unreasonable fund management will lead to rapacity and fear. In the changing market, traders who are able to control their greediness could always capture the next trading opportunity.
What's more, traders must treat loss properly since success does cost something. When your techniques become a bar to success, reflect on your understanding of investment.What trading brings is not only profits, but also a thorough understanding of human nature. Your trading system could adapt to your trading personality after constant perfection, which will enhance your execution capability. In this way, you can get rid of stress and return to your comfort zone.
WASHINGTON (AP) ” A device that heats tobacco without burning it reduces some of the harmful chemicals in traditional cigarettes, but government scientists say it’s unclear if that translates into lower rates of disease for smokers who switch.To get more news about HNB, you can visit hitaste.net official website.
U.S. regulators published a mixed review Monday of the closely watched cigarette alternative from Philip Morris International. The company hopes to market the electronic device as the first “reduced-risk” tobacco product ever sanctioned by the U.S. government.
Philip Morris’ penlike device, called iQOS (EYE-kose), is already sold in more than 30 countries, including Canada, Japan and the United Kingdom. But Philip Morris and its U.S. partner, Altria, need the permission of the Food and Drug Administration to sell it in the U.S.
iQOS heats strips of Marlboro-branded tobacco but stops short of burning them, producing a tobacco vapor that includes nicotine. This is different from e-cigarettes, which don’t use tobacco at all but instead vaporize liquid usually containing nicotine. Nicotine is what makes cigarettes addictive.
Philip Morris believes its product is closer to the taste and experience of traditional cigarettes, making it more attractive to smokers and reducing their contact with tar and other toxic byproducts of burning cigarettes.Company scientists will present their studies and marketing plan to a panel of FDA advisers this week. The panel’s recommendation, expected Thursday, is non-binding: the FDA will make the ultimate decision on the device later this year.
A greenlight from FDA would mark a major milestone in efforts by both the industry and government to provide less harmful tobacco products to smokers who can’t or won’t quit cigarettes. Despite decades of tax hikes, smoking bans and campaigns, about 15 percent of U.S. adults smoke.The FDA review paints a mixed picture of the potential benefits of the iQOS “heat-not-burn” approach.
Levels of certain harmful chemicals were between 55 and 99 percent lower in the vapor produced by iQOS than in cigarette smoke. But animal and laboratory studies submitted by the company also suggested the chemicals could still be toxic and contribute to precancerous growths. A company study in mice could help clarify the cancer risk, but the FDA said the results would not be available until later this year.Under a 2009 law, the FDA gained authority to regulate a number of aspects of the tobacco industry. The same law allows the agency to scientifically review and permit sales of new products shown to be less dangerous than what’s currently available. But the FDA has not yet allowed any company to advertise a “reduced-risk” tobacco product.
To meet FDA requirements, a company must show that the product will improve the health of individual users and the overall population. Additionally, the product should not appeal to non-smokers or interfere with smokers looking to quit.
The FDA review said some non-smokers, including young people, would likely experiment with iQOS. Reviewers also questioned if smokers would completely switch to iQOS from cigarettes. In company studies, less than 20 percent of U.S. users switched completely to iQOS over six weeks.
World of Warcraft” is losing players, and the players that have stuck with the video game are aging. So, just ahead of “World of Warcraft’s” 15th anniversary, Activision Blizzard is going retro.To get more news about Buy WoW Trade Goods, you can visit lootwowgold official website.
The company launched “World of Warcraft Classic” Monday, a nostalgic version of the multiplayer online roleplaying game, in which players can adventure as orcs and elves, among other characters.“World of Warcraft Classic” returns things to the way they were when the game first launched in 2004. It will be available for no additional charge to current subscribers to the game.
Classic WoW is no walk in the park. Players must manually search for others to team up with for massive raids that involve 40 people communicating and working together — moments that have led people to make real-life friends. Traveling from town to town will take time. The graphics are significantly pared back to resemble the original.
“We really approached this as almost like an archaeological dig. ‘What was it like back then?’” said John Hight, “World of Warcraft’s” executive producer and vice president. “We’re carefully scraping the dust off the dinosaur bones and bringing it back to life.”The company said interest in “World of Warcraft Classic” was so strong that it overwhelmed Blizzard’s servers. More than 2 million players created characters in anticipation of the launch, Blizzard said.
“World of Warcraft’s” total number of players has declined over time. Although there are over 140 million accounts on “World of Warcraft,” the game currently has just five million individual subscribers, data collector Statista estimates, down from the 12 million players the game had back in October 2010.
That represents an opportunity: Activision Blizzard is betting on nostalgia to bring back some older players and to lure new ones.
“We have this audience that played it originally, and they want to come back, and then we have this new audience that has never played it and they want to check it out,” said Hight. “What will be interesting to see is in the months to come, who stays with it.”Because WoW has lost millions of subscribers, the potential market for “World of Warcraft Classic” is huge, noted Will Partin, a doctoral candidate studying the gaming industry at the University of North Carolina, Chapel Hill.
“The big challenge is that many of the players who left WoW left because life took over and their priorities shifted,” said Partin. “And releasing WoW Classic can’t really address those lifestyle shifts.”
Blizzard president J. Allen Brack said on a conference call with analysts during last quarter’s earnings call that the company can’t predict how long players will be engaged with the classic edition after it launches.
Michael Pachter, an analyst at financial services firm Wedbush, modeled growth of 460,000 subscribers but that number could go up depending on whether Blizzard was able to draw back lapsed subscribers.
World of Warcraft Classic, the “new” version of World of Warcraft that recreates the original experience when the popular massively multiplayer online RPG launched almost 15 years ago, is at once perfectly familiar — and yet, at its core, it feels like a different game than modern Warcraft.To get more news about buy wow tbc gold, you can visit lootwowgold official website.
WoW Classic releases on August 27. Stress tests, which start May 22, will allow more players to experience the beta server for themselves.I received a beta invite for Classic, and had also been an alpha and beta tester for the original game 15 years ago. That isn’t unique; plenty of people in Northshire Valley had had the same experience, suggesting to me that active players who were Day 1 WoW gamers or had participated in the original tests might have gotten priority invitations to this one.
I recreated my very first character — a human warrior, because in the last-push alpha test I joined in 2004, there was no Horde — and logged in. Immediately, I was surprised by how good the graphics actually looked, for being 15 year old textures-on-polygons. Warcraft’s bright colors and cartoony aesthetic continue to this day, so all the increased resolution and better-contoured characters in Lordaeron don’t really change the game’s visual aesthetic.Plenty of gameplay things have changed — more on that in a minute — but one thing almost immediately transformed the game for me. I was killing my fourth Kobold Vermin (sorry guys, I’m taking those candles) by auto-attacking it and waiting impatiently for my lone ability to light up, when it struck me: This was going to be slow. Really, really slow. And, after another minute, I realized that was okay.
It was the first time in a decade that I wasn’t gunning for the end game, pillaging the beta test to determine the fastest way to level and get to the “good stuff,” and tweaking my add-ons to skip as much content as I could to get there. I even read a quest or two, though I admit to using the option (still available, even in vanilla) to turn off the line-by-line scrolling of quest text.
I’ve been privately snarky about Classic. Blizzard Entertainment president J. Allen Brack at one point (before he was president) famously said that people who said they wanted Classic didn’t really want what they thought they wanted. I agreed.
The original WoW was painful. Mobs took forever to die; one additional enemy in a fight was a pain, two probably meant death. There was a ton of running. Most buffs lasted two minutes, many took reagents, abilities were trained and often out of reach if you lacked the necessary gold. Warlocks had to farm shards, hunters had to carry ammo — even my warrior did, since in vanilla WoW she can carry a bow and fire arrows herself.
China’s efforts to take the heat out of its property market in 2021
could result in the first decline in steel demand from the sector in six
years, according to S&P Global Platts Analytics.Register Now China
has tightened its monetary stimulus measures and clamped down on
property sector financing since mid-2020. Beijing insists that houses
should not be used for speculative purposes. A major plank of its 14th
five-year plan is to put more money into the hands of consumers in order
to boost domestic consumption, and one way of achieving this is to
deleverage the property sector. More cash means more spending, the
thinking goes.To get more news about China property market news, you can visit shine news official website.
Platts Analytics presents two scenarios for property steel demand, both
of which indicate there will be no growth from the sector this year.
(See table below.)
An upper range scenario would see the addition of just 6.07 million mt of steel compared with 2020, marking a 1.9% increase to 328.2 million mt. Platts Analytics’ lower range estimate sees a decrease of 8.68 million mt to 313.4 million mt, marking a 2.7% fall.
The last time steel demand from the property sector declined was in 2015. Property accounts for 30%-35% of China’s total steel consumption.
Based on S&P Global Ratings’ forecast that China’s GDP will grow 7% this year, property new starts and sales in 2021 will be down by 6.4% and 2.8% year on year, respectively.
If China chases GDP growth of 8% or above, property new starts and sales will be up 0.4% and 4.6% on year, according to Platts Analytics.But a best case scenario for steel consumption, of an extra 6.1 million mt in 2021, is negligible compared with the year-on-year increase of almost 23 million mt in 2020. Platts estimates property steel demand in 2020 was 322.1 million mt, up 7.6% from 2019.
The property sector played a vital role in driving up China’s crude steel production in 2020, while keeping steel profit margins robust.
China’s crude steel output rose 5.2% on year, or by 52 million mt, to 1,053 million mt in 2020, breaching 1 billion mt for the first time. This was despite the fact that China was in lockdown for much of the first quarter, with construction wors suspended.China’s steel production capacity will continue to grow in 2021 to 1,285 million mt/year, up from 1,257 million mt/year at the end of 2020. The country’s steel output is forecast to rise by 2.8% on year, or by 29 million mt, to 1,082 million mt in 2021.
China and Russia said they will build a lunar research station, possibly on the moon’s surface, marking the start of a new era in space co-operation between the two countries.To get more China latest news, you can visit shine news official website.
A statement posted on the website of the China National Space Administration Wednesday said the International Lunar Research Station would also be open to use by other countries, but gave no timeline for its construction.
It described the project as a “comprehensive scientific experiment base with the capability of long-term autonomous operation.”The station would be “built on the lunar surface and/or on the lunar orbit that will carry out … scientific research activities such as the lunar exploration and utilization, lunar-based observation, basic scientific experiment and technical verification,” the statement said.
It said a memorandum of understanding on the project was signed Tuesday by Zhang Kejian, administrator of the China National Space Administration, and Russian space agency Roscosmos chief Dmitry Rogozin.China drew heavily on Russian expertise in the early years of its space program, but has largely forged its own path since launching its first crewed mission in 2003. Despite that, China’s Shenzhou spaceships closely resemble Russia’s Soyuz capsules and the CNSA has worked with countries around the world, apart from the U.S.
Congress bans almost all contacts between NASA and China over concerns about technology theft and the secretive, military-backed nature of China’s space program.Russia and China will “adhere to the principle of ‘co-consultation, joint construction, and shared benefits,’ facilitate extensive co-operation in the ILRS, open to all interested countries and international partners, strengthen scientific research exchanges, and promote humanity’s exploration and use of outer space for peaceful purpose,” the Chinese statement said.
Russia is a participant in the International Space Station but its space program has been somewhat eclipsed by those of China, the U.S., India and others. In its most recent development, Russia successfully test-launched its heavy lift Angara A5 space rocket for the second time in December after lengthy delays and technical problems.China has planned four crewed missions this year to work on its first permanent orbiting space station, the core module of which could be launched as soon as next month.
China has already launched two smaller experimental space stations, placed a rover on the little-explored far side of the moon in 2019 and has a spacecraft, the Tianwen-1, in a parking orbit around Mars in anticipation of landing a rover on the surface in the coming months. If it succeeds, China would become only the second country after the U.S. to put a spacecraft on Mars.
Bitcoin buyers can ignore the recent choppy moves around $51,000, currently near $50,900, while looking at the cryptocurrency pairs ability to stay beyond the key supports during early Thursday. The BTC/USD optimism can also take clues from the bullish MACD signals to direct bulls towards a fresh high above $58,355.To get more news about WikiFX, you can visit wikifx official website.
However, a two-week-old horizontal area guards the quotes immediate upside below $52,650.
Hence, BTC/USD bulls need to cross the immediate hurdle to justify their hold on the e-currency.
In doing so, an upward sloping resistance line from January 27, currently around $54,800, can offer a breathing space during the quotes upside.
Meanwhile, pullback moves shouldnt be considered serious if staying above the immediate support line, at $48,860 now, a break of which will recall the BTC/USD sellers targeting a 200-bar SMA level of $45,480.
In a case where the BTC/USD bears dominate past-$45,480, tops marked during the early February and late January, respectively around $41,000 and $38,650, will be the key to watch.
Bitcoin (BTC) and Ether (ETH) are empowering but gold is “dead,” billionaire Mark Cuban has told one of cryptocurrency's biggest naysayers.To get more news about WikiFX, you can visit wikifx official website.
In a Twitter debate on Mar. 2, Cuban, who has become increasingly sympathetic to crypto, warned Peter Schiff that gold “will die” as a store of value (SOV).
Cuban to Schiff: “Gold is dead, move on”
Schiff, a gold bug who has long made a name for himself as a firm
Bitcoin skeptic, continues to tweet disparaging comments about the
phenomenon despite BTC/USD regularly hitting new all-time highs.
Responding to remarks about Wall Street firms being “dumb” by buying it, Cuban offered a dose of surprisingly pro-Bitcoin medicine.
“Let me help Peter. Gold is hyped as much as Crypto. Do we really need gold jewelry？ Gold can make you a ring,” one tweet reads.
“BTC/Eth are technologies that can make you a banker, allow friction
free exchange of value and are extensible into an unlimited range of biz
and personal applications.”
Continuing, he gave a stark verdict on the future of gold.
“What we are seeing built w/crypto today is just proof of concept. As tech continues to get better/cheaper/faster there will be new applications and maybe even something that supersedes what we know as crypto today,” a further post says.
“But Gold won't ever change. Which is why it will die as a SOV.”
Cuban had formally given little time to Bitcoin or cryptocurrency
technology more broadly, sparking a concerted effort among proponents to
persuade him to reconsider. In January, he revealed that he still had
holdings from years ago which he had “never sold.”
“Don't forget, Gold was a SOV built on technology. From picks and shovels to mining operations that keep trying to improve. Whoever could use the tech of the day to find and mine the most efficiently was the most rewarded. Much like Crypto is today,” a final message to Schiff concludes.