DAILY DOSE: May 10, 2021
Posted on 05/10/2021
1. FLORIDA and PUERTO RICO. Izzy Englander’s hedge fund business Millennium Management will open two more offices in Florida, one in Miami and one in West Palm Beach. Furthermore, roughly 100 staff from WorldQuant, which manages money for investors including Millennium, are expected to fill the Florida offices. ExodusPoint Capital Management and Millennium Management have established subsidiaries in Puerto Rico. Since Biden’s election win, hedge funds are looking to leave New York and head south to states like Florida and places like Puerto Rico. Dan Morehead’s Pantera Advisors, based in Menlo Park, California, formed in a unit in the town of Guaynabo, according to a filing. Billionaire John Paulson is known for his associations in Puerto Rico.
A document shredding event is scheduled for Saturday, May 8, from 8:30 to 10:30 a.m. in the parking lot at the Bashasâ shopping center, Palisades Blvd. at La Montana Drive.
The event will be done as a drive-up event. It would be best if boxes or bags are in the trunk of the vehicle for removal to be shredded.
There is a limit of five standard Bankers boxes. Those with more than five boxes will need to wait in line to unload five, then park aside to wait for a slowdown of traffic. Let the volunteer who unloads the boxes know that there are more boxes.
With Bitcoin as currency in mirror with no fiat, can Central Bank Digital Currency be an alternative? April 21, 2021, 1:10 PM IST
Prof MG Chandrakanth did doctoral studies in Agricultural Economics from the University of Agricultural Sciences, Bangalore and post doctoral studies in institutional economics of groundwater irrigation as a Ciriacy Wantrup fellow in the University of California, Berkeley. He specialized in resource and environmental economics and policy in general and groundwater resource economics and policy in particular and authored the book - Water Resource Economics published by Springer, 2015.
He also specializes in Agricultural Economics, Production Economics, valuation of externalities and role of sacred groves in natural resource conservation. He served as Professor and Head of the Dept of Agricultural Economics and as Dean, at University of Agricultural Sciences, Bangalore. LESS. MORE
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Bloomberg article title reads, “Bitcoin (BTC) could reach US$1 million or more.” The projection looks ridiculous, but not to Jesse Powell, the CEO of crypto exchange Kraken. Besides thinking that Bitcoin could reach the US$1 million mark in the next decade, Mr. Powell added the world’s most popular currency could eventually replace all of the major fiat currencies.
According to Powell, Kraken is considering going public in 2022. He thinks that BTC bulls see it exceeding the market caps combined of all dollar, euro, and other currencies one day. Should investors believe the extreme predictions hook, line, and sinker?
New Radical Bitcoin Price Model Reveals When Shock Bitcoin Rally Could Peak forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.