Saturday, 25 September 2021

Bitcoin Price at Sep. 25, 2021: 42,694 USD



Investors are certainly reacting to news of China shutting down all crypto activity.

The "CNBC Television" Channel on Youtube shows that Jon Najarian joins the Halftime Report to discuss China's new crackdown on digital currencies. Bitcoin stock plunged after this morning's (Sep 24, 2021) announcement.

Bitcoin and Ether tumbled Friday, with traders concerned with tough talk out of China.

The price of bitcoin fell about 5% to $42,496.12 (Sep. 24, 2021), according to Coin Metrics data. Ether, the second-largest digital currency, dropped 7% to $2,921.53 (Sep. 24, 2021).

This price change comes after the People’s Bank of China said in a Q&A that all crypto-related activities are illegal. Services offering trading, order matching or derivatives for virtual currencies are strictly prohibited, the PBOC said, while overseas exchanges are also illegal.

Bitcoin Price at Sep. 25, 2021: 42,694 USD

Bitcoin Price at July 1, 2021 was: 33,204 USD

Major falls of the price have happened in the past as China imposed various restrictions on transactions involving cryptocurrencies.

The Bitcoin cryptocurrency fell from a "record high" of $64,895 USD hit on April 14.

Falls in Bitcoin price will certainly be a problem for people that are getting "Salaries in Bitcoin."

Some may think that Bitcoin could drop to 20K USD. Investors should be careful.

Friday, 24 September 2021

Canadians must keep up COVID-19 prevention efforts as fall begins: officials


CBC News in Canada shows that Chief Public Health Officer Dr. Teresa Tams says that as fall begins Canadians must help keep up COVID-19 prevention efforts, particularly as more people move inside for work and school.

Canada: Alberta's health emergency


CBC News in Canada shows that the federal government will be sending assistance to Alberta to help with its COVID-19 crisis. Case numbers, hospitalizations and ICU patients are on the rise.

Canada: Vaccine mandates start in Ontario, New Brunswick


CBC News in Canada shows that Ontario's Chief Medical Officer of Health Dr. Kieran Moore believes that having to show proof of vaccination at restaurants and bars 'will change behaviours' and push a large number of young, unvaccinated residents to get the jab.

Canada: Sask. COVID-19 cases continue to rise


CBC News in Canada shows that for the 4th straight day, COVID-19 cases in Saskatchewan are on the rise. Two physicians in the province discuss the current situation, patient care and the stress on health-care staff.

Canada: Provincial leaders digest the election results and plan for the future


CBC News in Canada shows that Canada's premiers participated in a teleconference on Thursday, where they discussed their demands of the incoming Liberal government in Ottawa. These include an immediate increase in health-care funding and a first ministers' meeting before the throne speech, which restarts Parliament.

Canada has average of 2,200 people in hospital with COVID-19, about 700 in ICU


Global News in Canada shows that Canada's chief public health officer Dr. Theresa Tam said on Friday that the country is seeing a daily average of 2,200 people hospitalized due to COVID-19 and of those, about 700 are in intensive care units. She added that based on the 7-day average, 36 deaths a day due to COVID-19 infections.

And according to Canada's deputy chief public health officer Dr. Howard Njoo, the best way to protect children under the age of 12 who are not eligible to get the COVID-19 vaccine from getting sick and staying in school is for the adults around them to receive the shots.

The update comes as Alberta finds its hospitals pushed to the limits due to a surge in COVID-19 cases. The province has been in the national spotlight for weeks over its handling of the fourth wave, following a relaxation of protective measures in the summer.

The Canadian health update also follows the the USA authorizing booster shots of Pfizer’s COVID-19 vaccine for certain high-risk groups. 

Canada’s National Advisory Committee on Immunization (NACI) is still reviewing whether booster shots would be needed in the broader population.