The World Health Organization warned Tuesday that Europe’s death toll from the coronavirus-borne illness COVID-19 could exceed 2 million by March, as cases have climbed to nearly 4,200 a day and the illness has become the No. 1 cause of death on the continent. WHO European regional director Dr.Read More →
© Reuters. FILE PHOTO: A money changer holds Turkish lira banknotes at a currency exchange office in Ankara, Turkey September 27, 2021. REUTERS/Cagla Gurdogan/File Photo By Daren Butler and Nevzat Devranoglu ISTANBUL (Reuters) – nosedived 15% on Tuesday in its second-worst day ever after President Tayyip Erdogan defended recent sharpRead More →
Bitcoin (BTC) showed no sign of tackling $60,000 resistance on Nov. 23 as the specter of defunct exchange Mt. Gox returned to haunt price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Mt. Gox makes waves with payouts yet to come Data from Cointelegraph Markets Pro and TradingView showed BTC/USD againRead More →
Roblox Corp. was digging itself out from a three-day outage that shut millions of users out Monday, as investors wiped away more than $1 billion of the videogame company’s market capitalization. Roblox RBLX, -2.68% shares declined as much as 4% Monday, and were last down 2.9% at $81.61, afterRead More →
© Reuters. FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking By John McCrank and Saikat Chatterjee NEW YORK/LONDON (Reuters) – The dollar eased versus its main rivals on Monday, after posting its biggestRead More →
Bitcoin (BTC) sees a volatile start to a new week and a new month after its first-ever monthly close above $60,000 — what’s next? After a highly anticipated end to “Uptober,” bulls are looking to November to provide the next phase of what they hope — and sometimes promiseRead More →
Meta is the new name for Facebook Inc. The change, announced Thursday by Facebook FB, +3.48% founder and Chief Executive Mark Zuckerberg, relegates Facebook to one of the company’s three major platforms — which also includes Instagram and WhatsApp — rather than the overarching brand amid whistleblower revelations andRead More →
AUD/USD advances in the session, despite rising US T- bond yields. The US dollar weakens, weighed on by a slower rise in Q3 GDP. US Initial Jobless Claims rose to 281K, less than the 290K expected, improving for the third consecutive week. The AUD/USD edges higher during the NewRead More →
The Ethereum 2.0 Altair Beacon Chain update has gotten off to a successful start, with 98.7% of nodes already upgraded. On Wednesday, Eth2 developer Preston Vanloon tweeted that the Altair upgrade had been “activated successfully.” Altair is the first upgrade to the Beacon Chain since it went online in December 2020Read More →
© Reuters. FILE PHOTO: The logo of LG Chem is seen at its office building in Seoul, South Korea, October 16, 2020. REUTERS/Kim Hong-Ji SEOUL (Reuters) – South Korea’s LG Chem Ltd and LG Electronics Inc said on Tuesday their latest quarterly results accounted for costs of about 1.1Read More →
US Dollar, USD/JPY, CPI Talking Points: The US Dollar has set a fresh yearly high this morning although there hasn’t yet been significant traction beyond a key Fibonacci resistance level. Tomorrow brings the release of CPI and after last month’s moderation, the expectation is for a flat read mirroringRead More →
Ethereum’s native token, Ether (ETH), rallied by more than 15% in the first 12 days of October. But, compared to Bitcoin’s (BTC) 30% gains in the same period, the second-largest cryptocurrency is currently in a downtrend when priced in BTC. So far into October (and the fourth quarter ofRead More →
A Bitcoin (BTC) exchange-traded fund (ETF) has a 75% chance of being approved this month — in some form. In comments this weekend, Eric Balchunas, senior ETF analyst for Bloomberg, said that United States Bitcoin futures ETFs were “likely on schedule” for the regulatory green light. Bitcoin futures ETFsRead More →
With supply chain channels snarled by the effects of the COVID-19 pandemic, major retailers like Target Corp. and Home Depot Inc. are taking matters into their own hands, chartering ships to deliver goods in time for the important holiday season. Retailers large and small, consumer packaged goods companies andRead More →
© Reuters. FILE PHOTO: A U.S. dollar banknote is seen in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration/File Photo By Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar edged higher on Tuesday, lingering close to the one-year high hit last week, as traders remained circumspect aheadRead More →
© Reuters. FILE PHOTO: Alex Beard, head of oil at trading firm Glencore, looks on during an interview in Tlalnepantla, state of Mexico, Mexico, August 17, 2017. REUTERS/Ginnette Riquelme/File Photo By Dmitry Zhdannikov LONDON (Reuters) – Alex Beard is losing his thirst for oil. Once one of the world’sRead More →
2021 will be remembered for many reasons and in less than 48 hours, the year will finally welcome Q4. With Bitcoin hitting an all-time high in Q2 of 2021, many in the community have been expecting a bullish rally on the charts. One that will push BTC past itsRead More →
Global payments giant Visa has introduced a project that aims to be a “universal adapter” of blockchains that can connect multiple cryptocurrencies, stablecoins as well as central bank digital currencies (CBDC). According to an official announcement on Thursday, Visa’s research team is working on a “Universal Payment Channel” (UPC) initiative,Read More →
If you were thinking of starting a business with money from your individual retirement account, you might want to put that idea on hold for a moment. Ditto if you were thinking of using tax-deferred retirement accounts to invest in a startup run by a friend or a memberRead More →
US Dollar Talking Points: Chart formations can be helpful tools in a trader’s arsenal. Surely, not all traders are fans, so let’s just go ahead and address their primary failing up front: They do not predict the future. Chart formations will fail. And while it can be easy toRead More →
Sparkpool, the second-largest Ethereum mining pool in the world, is suspending operations due to the ongoing Chinese crackdown on crypto. The mining pool officially announced Sept. 27 it has suspended access to new users in mainland China in response to Chinese authorities initiating new measures to combat crypto adoptionRead More →
As inflation is easing in the US, investor Ben Armstrong recently suggested viewers to prepare for a bear market, stating, “During the crypto bear market, things will look grim. Scary. But it won’t be anything compared to the stock market. That’s going to be a bloodbath.” The crypto commentator said that deflationRead More →
Evergrande, a Chinese property giant nursing more than $300 billion in debt, remains on the brink of default — sending global equities tumbling Monday as investors, who had previously ignored the situation, sat up and took notice. Fears of a bursting property bubble have long been a concern forRead More →
© Reuters. FILE PHOTO: Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on PC motherboard in this illustration taken, June 29, 2021. REUTERS/Dado Ruvic/Illustration/File Photo By Gertrude Chavez-Dreyfuss and Saikat Chatterjee NEW YORK/LONDON (Reuters) -Cryptocurrency prices sank on Monday as concerns over the spillover risk to theRead More →
Your Tom Cruise fix is going to have to wait a bit longer. Paramount Pictures on Wednesday moved back the release dates for Cruise’s next two films yet again, due to concerns that COVID-19 will continue to hurt the movie-theater business. “Top Gun: Maverick,” which was expected to premiereRead More →
