Bitcoin goes on wild ride and it may only get crazier

first_img Facebook LinkedIn Twitter Associated Press What’s a bitcoin worth? Lately nobody knows for sure, but after a wild ride on Friday, it’s worth a good deal less than it was Thursday. After losses over the last few days, the digital currency fell as much as 30% overnight in Asia, and the action became so frenzied that the website Coinbase suspended trading. It later made up much of that ground, and slumped 9.5% to US$14,042 Friday, according to the tracking site CoinDesk. Share this article and your comments with peers on social media Related news G7 tax pledge may be upstaged by CBDC workcenter_img CME launches “micro” Bitcoin futures Keywords Cryptoassets Experts are warning that bitcoin is a bubble about to burst, but things might get crazier before it does: A lot of people have heard of bitcoin by now, but very few people own it. “Bubbles burst when the last buyers are in,” said Brett Ewing, chief market strategist for First Franklin. “Who are the last buyers? The general public, unfortunately.” Ewing said 40% of bitcoin belongs to just 1,000 people, and hedge funds and other major investors are going to start buying it soon. But those funds may buy bitcoin and also protect themselves by placing bets that it will fall. Retail investors may just buy it only to see it fall. “I think investors should approach it with caution and I think many people will dive into it not understanding what it is,” he said. As bitcoin skyrocketed this month, the volume of trading was unprecedented as investors hoping to catch a ride up piled in. Prices have risen so fast, the Friday returned the price of bitcoin only to where it was trading two weeks ago. The volatility has created a circus-like atmosphere. Some companies that have added the word “bitcoin” or related terms to their names to get in on the action. The craziest thing is, it’s worked. Long Island Iced Tea Corp. until this week had been known for its peach-, raspberry-, guava-, lemon- and mango-flavoured drinks. Then, on Thursday, the company announced a radical rebranding. It’s changing its name to Long Blockchain Corp., shifting its primary focus from iced tea to “the exploration of and investment in opportunities that leverage the benefits of blockchain technology.” Blockchain is a ledger where transactions of digital currencies, like bitcoin, are recorded. Shares in Long Island Iced Tea soared 200% in one day. The Farmingdale, New York, company did what investors are doing, hitching a ride on a currency that raced from less than US$10,000 at the end of November to almost US$20,000 on Sunday. And it cost less than US$1,000 at the beginning of the year. The rise of price of bitcoin, which is still difficult to use if you actually want to buy something, has led to heated speculation about when the bubble might burst. The currency has been, if nothing else, highly elastic, bouncing back every time it crashes, which occurs about once every quarter. It fell 11.5% over two days in early December and 21.5% over five days in November. Curiosity has now driven bitcoin to the futures market, where investors bet on which direction it will go. Bitcoin futures started trading on two major exchanges — the Cboe and CME — this month. Those futures fell about 8% Friday. If people get burned, it won’t be because they were not warned. The Securities and Exchange Commission put out a statement last week warning investors to be careful with bitcoin and other digital currencies. The Commodities Futures Trading Commission has proposed regulating bitcoin like a commodity, similar to gold or oil. Financial Industry Regulatory Authority, a financial watchdog, issued a similar warning recently. Hedge funds look to increase crypto exposurelast_img read more

Medtronic launches TYRX Envelope in India

first_img By EH News Bureau on February 25, 2021 Read Article Share WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals Abhishek BhargavaCIED infectionsCRT-PEHRATYRX EnvelopeWRAP-IT study Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” Add Comment Medtronic launches TYRX Envelope in India It reduces infections associated with cardiac implants Adoption of AI/ML can disrupt healthcare services The missing informal workers in India’s vaccine story Phoenix Business Consulting invests in telehealth platform Healpha Related Posts Cardiac Care Happening Now News Menopause to become the next game-changer in global femtech solutions industry by 2025 Medtronic has announced the launch of the TYRX Absorbable Antibacterial Envelope (TYRX Envelope) – an absorbable, single-use, antibacterial envelope designed to stabilise a cardiac implantable electronic device (CIED) or implanted neurostimulator while releasing antimicrobial agents over a minimum of seven days.Constructed from a multifilament, knitted absorbable mesh, the TYRX Envelope holds the CIED device and is fully absorbed by the body approximately nine weeks after implantation. It can be used with any implantable defibrillator, pacemaker, or neurostimulator.Annually in India, 50,000 people with heart conditions receive a CIED, such as a pacemaker or implantable cardioverter defibrillator (ICD), to help manage abnormal heart rhythms. As with any surgical procedure, there is risk for infection due to bacteria being introduced at the time of implantation. Current standard of care for CIED infection treatment includes complete system removal/replacement and prolonged antibiotic therapy.“We strive to offer products and services of the highest quality that deliver clinical and economic value to patients and physicians. TYRX is one such value-based offering aimed at lowering infection risk and reducing readmission rates with the long-term goal of creating better outcomes,” said Abhishek Bhargava, Director, Cardiac Rhythm Management, Cardiac Ablation and Diagnostics at Medtronic India. “Medtronic’s vision remains anchored on introducing innovations that continue to alleviate pain, restore health and extend life.”CIED infections occur in 1-4 per cent of all CIED patients and are associated with substantially increased morbidity, mortality, and cost. Results from the landmark Worldwide Randomised Antibiotic Envelope Infection Prevention Trial (WRAP-IT)1 demonstrated the TYRX Envelope reduced the risk of major infection by 40 per cent in patients with CIEDs, and reduced pocket infections by 61 per cent, when used as an adjunctive therapy in addition to standard-of-care infection prevention strategies for patients at higher risk of infection. Further, it did not increase the risk of procedure-related or system-related complications through 12 months.The study enrolled approximately 7,000 patients, from 181 centers in 25 countries in Asia, Europe, North America, and South America. The study population included patients receiving an initial cardiac resynchronisation therapy defibrillator (CRT-D); and patients receiving a replacement, system revision or generator upgrade of an existing pacemaker, cardiac resynchronisation therapy-pacemaker (CRT-P), implantable cardioverter defibrillator (ICD) or CRT-D. Patients with diabetes, previous history of infection, renal failure, and/or congestive heart failure also are at higher risk for CIED infections.The TYRX Envelope was cleared by the FDA in 2013 and received CE Mark in 2014. In 2019, the European Heart Rhythm Association (EHRA) issued an international consensus document on how to prevent, diagnose and treat CIED infections. The TYRX Envelope is recommended for the WRAP-IT study population and patients with other high-risk factors as outlined in the document. Comments (0) MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre”last_img read more

Kenya’s rural areas turning weak link in COVID-19 fight

first_imgKenya reports 28 new COVID-19 infections A health worker takes the temperature of a person standing in line for mass testing in an effort to stop the spread of the coronavirus disease (COVID-19) in the Kibera slum of Nairobi, Kenya, May 26, 2020. REUTERS/Baz Ratner A health worker takes the temperature of a person standing in line for mass testing in an effort to stop the spread of the coronavirus disease (COVID-19) in the Kibera slum of Nairobi, Kenya, May 26, 2020. REUTERS/Baz RatnerFrom carrying more than the authorized number of passengers in public transport vehicles and motorbike taxis to failing to wear face masks in public places, Kenya’s rural residents are becoming a weak link in the East African nation’s fight against COVID-19.The belief in most rural areas in the East African nation is that COVID-19 is an urban area disease, in particular Nairobi and Mombasa.Therefore, many residents do little to protect themselves and other people.“We are seeing many people in rural areas not adhering to the laid down containment measures. Motorbike taxi operators are carrying up to three people in violation of our guidelines,” said Rashid Aman, the Chief Administrative Secretary in the Ministry of Health on Sunday.Failure to wear masks and adhere to social distancing, according to Aman, pre-exposes one to the virus.“Everybody needs to wear masks. It’s the only way we can prevent the spread of the virus, especially where people are close to each other like in public transport vehicles. We want to encourage all Kenyans to wear the masks,” he said.Kenya’s rural areas host a majority of elderly people, with the health ministry noting cases of the disease among the group is on the rise.So far, the oldest person in Kenya to contract the disease is 100 years old. On Sunday, as he announced new cases of the disease in the last 24 hours, Aman said the oldest affected person was 83 years.“Our worry is the older people in rural areas, who if infected will lead to critical cases and even death because their immunity is weak and they may be having other pre-existing conditions,” he said.East Africa’s biggest economy recorded 309 more positive cases on Sunday, bringing the total caseload to 7,886. Recoveries stood at 2,287 as the death tally hit 160 after one more person died.“These rising cases show containment measures are not working effectively as people flout them,” said Aman.Mannesses Otiato, a teacher in Busia, western Kenya, noted that the need to wear masks, maintain physical distance and sanitize has escaped many residents in the border district.“You go to markets and fear for yourself because the people have no regard for containment measures. In public transport vehicles, it is business as usual as passengers are crowded,” he said, with the situation mirroring what is happening in many rural areas across Kenya.Busia is among the worst affected rural Kenya counties, with the others being Turkana, Makueni, Kajiado, Narok and Kitui.A majority of the rural counties are ill-prepared to handle cases of COVID-19, which has made Kenya delay the lifting of restrictions put in place, according to the Ministry of Health.Out of 47 counties, only 14 have a 300-bed capacity health facility to cater for COVID-19 patients.“We expect most counties to attain the target as the caseload continues to rise,” said Francis Kuria, head of public health of Kenya’s Ministry of Health.Kenyan President Uhuru Kenyatta is on Monday expected to give further directions on the restrictions that include a curfew and partial lockdown of Nairobi.While most citizens are hoping that the restrictions would be lifted, health experts fear that this may lead to a rise in COVID-19 cases in rural areas where most Kenyans live amid a poor state of preparedness in counties.Meanwhile, the Ministry of Health said it is conducting a study to determine the age group of people that are most infected by COVID-19.Aman said that the results of the study will enable the government to understand which age groups to put emphasis on while addressing the pandemic.“The study will add value to our intervention and most importantly to inform where to put more resources,” Aman told journalists in Nairobi.He however said that from the laboratory tests that are conducted on a daily basis, fewer children are infected by the disease.“As the number of people turning positive keeps increasing in the country, we are worried more by the older people getting infected since the international trend has revealed that they are the most affected cadre of the population by the disease given their advanced age,” Aman added.Besides, Aman noted that the trend of new infection has become worrying as it continues to increase on a daily basis.Related Kenya confirms 16 new COVID-19 casescenter_img Kenya reports eight new COVID-19 caseslast_img read more

Browns In Possible Trade Talks With Patriots To Send Jamie Collins Back To Beantown

first_imgTwo years after the Browns sent a third-round pick to New England for Jamie Collins, the Patriots are in talks with the Browns to get him back.The Patriots are having issues with their front seven and believe a return of Collins may be needed for the stretch run coming up shortly. Collins had some issues during his first stay in New England but Belichick may be desperate enough to take a chance at bringing him back. He was a second-round pick of the team back in 2013 and played 50 games for them before being dealt to Cleveland.With the exception of the Los Angeles Chargers game, Collins has had a decent season for the Browns. Through 8 games, he has 55 tackles, 2 sacks, 1 interception, 1 pass breakup and 1 forced fumble. He hasn’t lived up to expectations, but has shown flashes.Collins signed a meaty contract with the Browns in January 2017, a 50-million-dollar deal over four years. He has underachieved with the exception of those few bright spots this season. It is a very safe bet that if the Browns do send him back to New England, they will not get anything close to what they got to get him in the first place.The trade deadline is this Tuesday October 30th at 4pm. Vince McKee Related TopicsCleveland BrownsJamie CollinsNew England Patriotslast_img read more

Sumner County Sheriff Office report: Sept. 2 to Sept. 8, 2019 weekly jail bookings

first_imgDavis, Jo Ann53Wichita KS610 E Hillside Wellington, KSServing Sentence (3 Days)9/7/19 NAMEAgeHOMETOWNLOCATION OF ARRESTCHARGESDATE OF ARREST Smith, Jaquelyn Sison44Wichita, Kansas400 W. Main St., Oxford, KSViolation of Protection Order9/4/19 Sklenar, Gregory Edwin57Derby, Kansas119th and BroadwayFailure to Appear x49/2/19 Sumner Newscow report — The Sumner County Sheriff Office report for Sept. 2 to Sept. 8, 2019, weekly jail bookings are as follows:  Chitwood, Travis Mack31Hunnewell, Kansas100 W. 175th St., Caldwell, KSD.U.I.9/2/19 Pozehl, Peyton Aaron21Belle Plaine, Kansas610 E. Hillside, Wellington, KSProbation Violation9/4/19 Peters, Benjamin Kent25Wichita, Kansas610 E. Hillside, Wellington, KSServing Sentence9/6/19 Guinn, Lawanna Lee64Wellington, Kansas1515 N. Plum St., Wellington, KSDomestic Battery9/4/19 Good, John Thomas43Lawrence, Kansas501 N. Washington, Wellington, KSServing Sentence // Probation Violation9/5/19 Owens, Rhonda Leigh55Maize, Kansas610 E. Hillside, Wellington, KSServing Sentence9/6/19 Gonzalez-Solorzano, Richard27Wichita KS100 N Pacific, Oxford, KSDriving under the influence of drugs/alcohol; 1st conv; competent evidence of blood, breath .08+/Operate a motor vehicle without a valid license:9/8/19 Harlan, Robert Leon39Wellington, KansasSedgwick County JailElectronic solicitation; offender believes child <14 x2 / Sexual exploitation of a child x49/6/19 Woodward, Madison Kaylee19Wellington, Kansas308 W. Lincoln Ave., Wellington, KSCriminal Damage to Property / Liquor; Purchase/possess/consume by minor 18-209/5/19 Machuca, San Juan Jr.30Dallas, TexasN MP 16 I-35, Wellington, KSPossession of Marijuana / Driving while license canceled, suspended, revoked9/3/19 Bathgate, Amber Roselynn19Wellington KS1500 N A ST Wellington KSVehicle liability insurance; Knowingly drive uninsured vehicle:9/7/19 Gutierrez, James Allen44Wichita, Kansas600 E. 9th Ave., Peck, KSD.U.I. / Traffic contraband in correction care facility // Warrant Arrest9/5/19 Doshier, Jordan Jon34Wichita, Kansas610 E. Hillside, Wellington, KSServing Sentence9/6/19 Trumpower, Dylon Anthony19Wellington KS1000 W Shady Lane CT Wellington, KSCriminal threat; Unknown circumstance; Assault: Possession of marijuana:/Use, possess with intent to use drug paraphernalia into human body9/8/19 Dickerson, Seena Marie53Madison TN500 E. Main ST Oxford KSPossession of stimulant/ Use, possess with intent to use drug paraphernalia into human body9/8/19 Peters, James Michael66Wellington, Kansas815 N. Woodlawn St., Apt 215, Wellington, KSGiving a worthless check9/5/19 Rowe, William Eugene47Pueblo COI-35 MP6 South Haven, KSDriving while license canceled, suspended, revoked; Fleeing or attempting to elude a LEO/ Interference with LEO; unknown circumstance/ Alcohol in system while in CMV9/7/19 Koerner, Drake  Neal27Wellington KS100 Block W 10th St Wellington KSDriving under influence of alcohol or drugs, Driving while license canceled, suspended, revoked9/7/19 Davis, Eric Glenn47Waterville ME509 N. Main St Argonia, KSTheft of prop/services;/ Interference with LEO; unknown circumstance;9/6/19 Stafford, Donald William19Wichita KS610 E Hillside Wellington, KS Probation Violation:  (3 Day Quick Dip)9/7/19 Bentley, Bianca Jan39Wichita, Kansas1400 N. US 81, Mulvane, KSDriving while license canceled, suspended, revoked; Vehicle liability insurance required9/3/19 Shannon, James Stephen66Winfield KS500 E Main ST Oxford, KSPossession of opiate opium narcotic or certain stimulant; Use, possess, with intent to use drug paraphernalia into human body’ Traffic contraband in corr/care facility; Intro item on grounds/Driving while license canceled, suspended, revoked9/8/19 Creed, Tyler Michael25Wellington, Kansas1000 W. Shadylane Ct., Wellington, KSTheft9/4/19 WEEKLY   BOOKINGS09/02/2019 thru 09/09/2019 Ferguson, Catrena Ann42Wichita, KansasI-35 MP 33, Mulvane, KSDriving while license canceled, suspended, revoked, Vehicle liability insurance required9/4/19 Sexton, John Derek30Wellington KS710 N Jefferson Ave Wellington, KS Aggravated domestic battery; choke in rude manner; family member, dating relationship:9/8/19last_img read more

Top 10 English clubs ranked by major domestic and European trophies won

first_img 10 10 5. Aston Villa – 20 major domestic and European trophies won – Seven league titles, seven FA Cups, five League Cups, one European Cup The Premier League fixture list release was a reminder that, even with the European Championship in full swing, it won’t be long until club competition is back.The 2016-17 campaign promises to throw up some fascinating contests, as the biggest English clubs get ready for the new season.How will highly rated coaches Pep Guardiola, Jose Mourinho and Antonio Conte fare in their high profile new jobs at Manchester City, Manchester United and Chelsea, respectively?Can Jurgen Klopp end Liverpool’s trophy drought? Will Arsene Wenger finally reclaim the title? Or will Leicester stun everyone for a second time?What about Tottenham? Can they build on a promising season last time round? Will Ronald Koeman resurrect Everton’s fortunes?We will find out all of this and much more.But what we do know going into the new season, is exactly what has gone before.In this case, we’re talking about which English clubs have won the most trophies.We’ve included only major domestic and European trophies, that is, no Community Shields, UEFA Super Cups or Intercontinental/FIFA Club World Cups.Check out the slideshow above to see which clubs make up the top 10. 7. Everton – 15 major domestic and European trophies won – Nine league titles, five FA Cups, one European Cup Winner’s Cup 3. Arsenal – 29 major domestic and European trophies won – 13 league titles, 12 FA Cups, two League Cups, one European Cup Winners’ Cup, one Fairs Cup 10 10 1. Liverpool – 41 major domestic and European trophies won – 18 league titles, seven FA Cups, eight League Cups, five European Cups/Champions Leagues, three UEFA Cups 10 4. Chelsea – 21 major domestic and European trophies won – Five league titles, seven FA Cups, five League Cups, one Champions League, one Europa League, two European Cup Winners’ Cups 8. Manchester City – 14 major domestic and European trophies won – Four league titles, five FA Cups, four League Cups, one European Cup Winner’s Cup 10 10 10 10 6. Tottenham Hotspur – 17 major domestic and European trophies won – Two league titles, eight FA Cups, four League Cups, two UEFA Cups, one European Cup Winner’s Cup 2. Manchester United – 40 major domestic and European trophies won – 20 league titles, 12 FA Cups, four League Cups, three European Cups/Champions Leagues, one European Cup Winners’ Cup 9. Newcastle United – 11 major domestic and European trophies won – Four league titles, six FA Cups and one Fairs Cup (forerunner of the UEFA Cup/Europa League) 10 10. Blackburn Rovers – 10 major domestic trophies won (click the arrow above, right, to see which clubs make up the top 10) – Three league titles, six FA Cups and one League Cup last_img read more

Scandals Continue Casting Spotlight on Sexual Harassment

first_imgCBS Chief Les Moonves has become the latest high-profile executive accused of harassment in the #MeToo era and surely won’t be the last. Six women have accused him of sexual harassment or misconduct from the 1980s to the 2000s. But give Late Show host Stephen Colbert credit for taking time during an opening monologue to address the controversy surrounding Moonves, the man who hired him, head on.“Everybody believes in accountability until it’s their guy, and make no mistake Les Moonves is my guy. He stood behind this show while we were struggling to find our voice, and I like working for him” said Colbert. “But accountability is meaningless unless it’s for everybody—whether it’s the leader of a network or the leader of the free world.”It was fitting that Colbert used his powerful pulpit to make a statement because sexual harassment is so often about power—who has it and who doesn’t. And it would be hard to find someone more powerful in the media industry than Moonves.But as Philadelphia employment attorney Jonathan Segal noted on our most recent XpertHR podcast, “Sexual Harassment 2.0, Now What?,” power doesn’t just start at the top. “If you’re a $10-an-hour person who works in a hotel and the $12-an-hour employee comes onto you, he has Harvey Weinstein-like power [over that person],” said Segal.Weinstein was the low-hanging fruit that launched the #MeToo movement, a bully and serial predator whose alleged conduct went way beyond the pale. And it remains to be seen where the independent investigation will go surrounding Moonves, a more well-liked executive with a record of promoting women but who nonetheless faces serious claims of forcible kissing, unwanted advances and retaliation.But most cases don’t rise to this level of publicity. And still more fall into an area where there are shades of gray, especially when the harassment claims may have arisen out of a workplace relationship gone bad. Segal also points to hugs in the office as another example.So what role can HR play in investigating sexual harassment claims? In cases against high-level executives, the best course is an outside investigation. But in many other situations, Segal said, HR can be a valuable resource in taking action despite some of the criticism the profession has received. According to Segal, leadership teams need to show that they value HR and that it plays a critical role in decision-making.So long as HR is empowered, he said, then employees will have more confidence in its ability to solve problems, including those involving sexual harassment.“You don’t read about the hundreds of cases where the problems have gone away because HR took appropriate corrective action,” noted Segal. “But no one calls the New York Times and says, ‘HR did a great job.’ And HR often does do a great job.”For more of Segal’s insights on sexual harassment in the workplace and what employers need to know, listen in to the latest XpertHR podcast.Originally posted on XpertHR blog.last_img read more

Napoli training retreat from Friday

first_img Watch Serie A live in the UK on Premier Sports for just £11.99 per month including live LaLiga, Eredivisie, Scottish Cup Football and more. Visit: Sky Sport Italia report the Napoli squad will go into a training retreat, but only for one night before Saturday’s Serie A match with Genoa. The Partenopei were supposed to be in the ‘ritiro’ all week in the build-up to crunch games against RB Salzburg and Genoa, but the players staged a mutiny following Tuesday’s 1-1 Champions League draw and went home. This prompted an angry response from the club, who are taking legal action and could dock their salary as punishment. Fans were also furious and vented their frustration with insults during today’s open training session. A statement confirmed coach Carlo Ancelotti would be given the full power to decide on training retreats, taking the decision away from President Aurelio De Laurentiis. According to this evening’s report from Sky Sport Italia, Ancelotti has opted to put them into a training retreat for just one night – Friday – leading up to the Genoa match.last_img read more

10 months agoChelsea ace Kante: Do I cheat at cards? Well…

first_imgChelsea ace Kante: Do I cheat at cards? Well…by Paul Vegas10 months agoSend to a friendShare the loveChelsea ace N’Golo Kante insists his reputation of being a card shark is overblown!Kante has been mercilessly teased for the way he plays cards when away with the France squad.But the World Cup winner has joked the accusations are unfair.”On cards, when you’re in complicated situations, you use little strategies and that’s what I did from time to time. That’s why I was called a cheater,” said Kante.”They are not entirely right because I’m not the only one to have done it but they are not wrong…” About the authorPaul VegasShare the loveHave your saylast_img read more