December 17 bitcoin

Bitcoin's price briefly reaches its all time high of $19, 22 December Bitcoin fell below $11,, a fall of 45% from its peak.
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Bitcoin News Roundup for Dec. 17, - CoinDesk

A total of , people filed initial claims for jobless support last week, the Labor Department says, a drop of 21, week-on-week. So add on the k claims made under the separate PUA programme, and nearly 1. UI claims rose slightly to 1. SA claims rose to K despite expectations for a decline.

Initial joblessclaims hit their highest level in more than 3 months pic. The number of Americans filing new unemployment claims has surged to a three-month high, in a clear signal that the escalating pandemic is hurting the economy. Some , new claims for jobless benefits were submitted last week seasonally adjusted , the highest total since early September.

Economists had expected the number of new jobless claims to fall to around , -- which would still have been higher than any week before It indicates that the surge in Covid infections now Initial unemployment claims totaled , for the week ending Dec. Initial jobless claims jumped to the highest in three months, showing the U.

This is a pretty bad sign for the upcoming December jobs report too. MORE Continuing claims fell by , to 5. The Bank of England is extending its flagship scheme aimed at encouraging banks to keep lending to small and medium-sized companies through the pandemic. This means the extended Drawdown Period, during which lenders can apply for these cheap loans, will run until 31 October , rather than end on 30 April Consistent with the original objectives of the scheme, as set out at the announcement of its introduction in March , this would ensure that the TFSME could continue to support, and provide an incentive for, lending to the real economy, and provide insurance against adverse movements in funding conditions.

This announcement has more details.

Bitcoin hits $25,000-mark; 400% increase since March

This move should help banks to keep providing credit to companies who are suffering from the impact of the English lockdown, and the new tiered restrictions which will run into Short thread to follow… pic. Overall, then, no huge surprises in today's MPC decision. This reinforces its role of supporting fiscal measures to boost the economy in the face of the pandemic.


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Graeme Wearden Thu 17 Dec Key events Show 4. Live feed Show. Facebook Twitter. Zoe Wood. My colleague Richard Partington explains: The chancellor said the flagship wage subsidy scheme would be extended until the end of April, a month longer than planned, in a bid to cushion the rising economic fallout of the second Covid wave. Kathy Jones KathyJones Initial joblessclaims hit their highest level in more than 3 months pic.

It also further highlights the need for a new stimulus package to be agreed swiftly by Congress Chad Moutray chadmoutray Initial unemployment claims totaled , for the week ending Dec. The Bank says that that: Consistent with the original objectives of the scheme, as set out at the announcement of its introduction in March , this would ensure that the TFSME could continue to support, and provide an incentive for, lending to the real economy, and provide insurance against adverse movements in funding conditions.

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