Dollar General will pay workers to get vaccinated. The Tennessee-based variety store chain will give employees, considered essential during the pandemic, four hours of pay for getting the COVID-19 vaccine as more companies aim to curb the spread of the virus and alleviate customer safety concerns about shopping in stores. “We do not want our employees to have to choose between receiving a...
Dollar General Corp. is offering employees a deal: Go get a Covid-19 vaccine and receive four hours of pay. The retailer, which has 157,000 employees, is among the first large U.S. employers to incentivize staff to be vaccinated, a sign that companies with essential workers see mass inoculation as critical in overcoming the pandemic. Grocery stores, airlines and transit companies are jockeying...
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Throughout the past few days, the sell-side pressure from all sides has intensified. Bitcoin miners have sold their holdings at a scale unseen for over three years. On top of this, the inflow of whale-associated BTC into exchanges has substantially spiked. The combination of the two data points indicates that miners and whales have been selling in tandem. Bitcoin continues to trade under $18,000...
The crypto world does not have a major euro-pegged stablecoin yet. 1068 Total views 3 Total shares A number of popular U.S. dollar-pegged stablecoins exist on the crypto market. Stablecoins based on the euro also exist, but are notably less liquid, according to Zahreddine Touag, co-founder and head of trading at Paris-based market making firm Woorton. “There’s not any euro stablecoin that is very...
German Bankhaus von der Heydt (BVDH), one of the oldest banks in Europe, has teamed up with blockchain technology provider Bitbond to issue the first-ever Euro stablecoin (EURB). The Euro stablecoin is the first stablecoin launched directly by a bank on the Stellar Network in the European crypto market. The stablecoin is now available for trading. Launched in 1754, BVDH is focused on...
Allaire also sees political moderation as the best scenario for continued crypto development. 1057 Total views 10 Total shares One of the leaders in U.S. crypto is optimistic that the space will grow under the administration of Joe Biden governing from the middle. Jeremy Allaire, CEO of Circle, took to CNBC’s Squawk Box on Monday to argue that the Biden administration will push crypto...
Well before the coronavirus pandemic, global economists expected a grim-looking American economy and during the last ten months of the Covid-19 outbreak, the U.S. financial system looks even worse. Economists and analysts say the biggest concern is the U.S. dollar faltering into the unknown, as a great number of distinguished individuals believe the USD will see a significant value decline in...
Mainstream news agencies are beginning to provide positive coverage of Bitcoin, acknowledging its proper significance as an asset as the US dollar nosedives. The U.S. Dollar Index fell sharply today, extending a 10 month losing streak that places it at the lowest point since April 2018. International news agency Reuters marked the occasion with a story headlined: “Dollar plummets on U.S...
Editor’s note As many of you were certainly following in real time, a bull market gave way to a bloodbath yesterday, which happened to be Thanksgiving in the U.S. Personally, I’ve never thought that Bitcoin’s price was any sort of proof of its value proposition, but for many its retreat yesterday certainly dashed many a planned gloat to family members more receptive to massive gains than concepts...