Cryptocurrency-exposed stocks soared on Thursday as Bitcoin smashed through another record. Bitcoin topped $23,000 per token on Thursday, having only surpassed the $20,000-milestone for the first time on Wednesday. The digital currency is currently trading at $23,153, according to a composite of prices compiled by Bloomberg.
Early Thursday stock gains included Marathon Patent Group’s rise of as much as 20 per cent, lifting shares to the highest since March 2018. Bit Digital climbed as much as 20 per cent, Riot Blockchain added 10 per cent, and MicroStrategy rose 7.8 per cent, while Silvergate Capital, which was…
Artificial Intelligence and marketing, the new engine of business
December
18, 2020
6 min readThis article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.Opinions expressed by Entrepreneur contributors are their own.
In recent months, ecommerce penetration in Mexico has been 39{bce2ac57dae147ae13b811f47f24d80c66c6ab504b39dda4a9b6e8ac93725942}, with a growth projection of 55{bce2ac57dae147ae13b811f47f24d80c66c6ab504b39dda4a9b6e8ac93725942} by the end of the year. As a result, digital ad spend this year will be 12{bce2ac57dae147ae13b811f47f24d80c66c6ab504b39dda4a9b6e8ac93725942} higher than in 2019, but are we really prepared to perform better when we need more ad spend ?
When we refer to a successful business model, we think of innovation and the best identification…
Sensex, Nifty make new highs as FIIs maintain buying spree; Infosys up 2.6{bce2ac57dae147ae13b811f47f24d80c66c6ab504b39dda4a9b6e8ac93725942}
The benchmark indices darted up to fresh peaks on Friday, capping off a stellar week in which equity benchmarks closed every session at a record high on unabated foreign fund inflows.
After opening at its lifetime intra-day high of 47,026.02, the Sensex succumbed to selling pressure but rebounded at the fag-end trade to finish at a record 46,960.69, up 70.35 points or 0.15 per cent.
Similarly, the broader Nifty rose 19.85 points or 0.14 per cent to 13,760.55 — its new closing record.
IT stocks hogged the limelight as…
How Content Marketing Became So Saturated
These days, the online content world is downright saturated. There are millions of people all claiming to be “experts” in their chosen field. There are literally more than 600 million blogs. And it seems like everyone in the world has their own podcast.So how did this happen, exactly? Why is the content world so saturated with redundant (and often bad) content, and how can you fight against it?Free Book Preview: Ultimate Guide to Google Ads
Get a glimpse of how Google’s marketing resources and strategies can help you grow your business’s digital reach.
December
16, 2020
5 min read…
Bitcoin tops $23,000; may climb to about $400,000, says analyst
Bitcoin breached $23,000 for the first time in history as more Wall Street names crowd into the the world’s largest digital currency up 220 per cent this year.
As momentum builds, analysts predict more gains ahead. The digital coin jumped more than 9 per cent on Thursday, touching a high of $23,256.92, according to a composite of prices compiled by Bloomberg. Bitcoin and the wider Bloomberg Galaxy Crypto Index have both more than tripled this year. Cryptocurrency-linked stocks in South Korea, Japan and China climbed.
The rally in digital assets is…
The 2 Types of Authority All Businesses Need for Marketing Success
December
16, 2020
9 min readOpinions expressed by Entrepreneur contributors are their own.
In business, being the trusted authority in your space is the best way to earn your customers’ trust. Or is it the other way around? Do you become an authority in your space by earning the trust of your customers and clients over time?
Authority, clout, credibility — the immediately earned trust of a customer through purely social indicators is one of the most sought after statuses as a brand or a business. To understand how to earn authority and trust, we must understand the two…
Stop trusting your gut
A company leader’s existence is a long series of decisions, yet many executives don’t have a systematic approach to making those decisions. They rely on intuition; they don’t have an accurate understanding of their track record over time; and they fall prey to biases, cherry-picking new information to reinforce existing beliefs rather than looking at data objectively. These are challenges that Annie Duke has experienced firsthand.
Duke studied cognitive science at the University of Pennsylvania and was a few months from completing her Ph.D. when she had to take time off for health reasons. She started playing poker, thinking initially…
US puts India on currency watch list, labels Switzerland as manipulator
The US Treasury labeled Switzerland and Vietnam as currency manipulators on Wednesday and added India, Taiwan and Thailand to a watch list of countries it suspects of taking measures to devalue their currencies against the dollar.
The “monitoring list” of countries has now hit 10. Others on the list include China, Japan, Korea, Germany, Italy, Singapore and Malaysia.
The Treasury also said that India and Singapore had also intervened in the foreign exchange market in a “sustained, asymmetric manner” but did not meet other requirements to warrant designation as manipulators.
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