Ether (ETH), the largest altcoin by market cap, finally reached new all-time highs against the U.S. dollar on Jan. 19. ETH/USD 1-hour candle chart (Bitstamp). Source: Tradingview Ether price is back after 3 years Data from Cointelegraph Markets and TradingView showed ETH/USD beat its existing record during Tuesday trading, passingRead More →
Over the past two months the open interest on Bitcoin options has held reasonably steady even as the figure increased by 118% to reach $8.4 billion as (BTC) price rose to a new all-time high. The result of Bitcoin’s price appreciation and the rising open interest on BTC optionsRead More →
© Reuters. FILE PHOTO: A U.S. Dollar banknote By Saikat Chatterjee LONDON (Reuters) – The U.S. dollar held firm at a four-week high against its rivals on Monday as an undercurrent of risk aversion swept through currency markets in the backdrop of weak U.S. economic data, knocking the AustralianRead More →
President Donald Trump plans to pardon or commute the sentences of around 100 people Tuesday, according to reports Sunday night. CNN first reported the plans, and said White House officials met Sunday night to finalize the list. Axios separately confirmed the report. The actions are expected to include white-collarRead More →
USD/CAD extends Friday’s gains to one-week high as US dollar strays strong. Chatters that Biden will cancel Keystone XL pipeline permit on the first day in office weigh on the Canadian dollar. US holiday probes the bulls, China data, risk catalysts eyed for immediate direction. USD/CAD jumps to aRead More →
© Reuters. NEW YORK (Reuters) – Google said on Sunday that antitrust claims in a Texas lawsuit were “misleading,” responding in a blog post as state attorneys general plan suits against the Alphabet (NASDAQ:) Inc unit. In December, Texas Attorney General Ken Paxton filed a complaint about Google’s advertisingRead More →
David Schwartz, current chief technical officer at Ripple, is responding to reports his predecessor had lost access to hundreds of millions of dollars in Bitcoin. In a Quora post on Thursday, Schwartz said recent reports about former Ripple CTO Stefan Thomas forgetting the password to an encrypted hard driveRead More →
On Thursday evening, President-elect Joe Biden said he will call for $1,400 stimulus checks and more vaccine funds as part of a $1.9 trillion COVID-19 relief plan. “President-elect Biden announced a proposed relief and recovery package that provides relief that is commensurate with the scale of the economic challengeRead More →
DOW JONES, NIKKEI 225, ASX 200 INDEX OUTLOOK: US equity futures rebounded after suffering a tech-led pullback in last-hour trading Asia-Pacific stocks edged higher on reflation hopes at open Biden proposed a US$1.9 Covid-relief plan that include stimulus checks and funds to fight the pandemic Dow Jones, Biden’sRead More →
Within 48 hours of Grayscale reopening its services to new investors on January 13, Bitcoin’s price shot up by almostd 20%, to once again hover just under the $40,000 mark. During the same period, the institutional investment firm added 4,618 BTC to its portfolio at a current value ofRead More →
One of the most interesting trends surfacing in the crypto industry today is the increasing likelihood of Bitcoin emerging as the next global reserve currency – something that Bitcoin fundamentalists have been preaching for the last decade. With the combination of transparency and decentralized trust brought on by theRead More →
Anthony Scaramucci’s multi-billion-dollar hedge fund, SkyBridge Capital, has submitted a formal application with the United States securities regulator to launch a new Bitcoin (BTC) fund. The Form D for an exempt offering appeared on the Securities and Exchange Commission’s website on Monday. The proposal lists “SkyBridge Bitcoin Fund L.P.”Read More →
© Reuters. Vaccine airlift delivers shot in the arm for airlines By Tracy Rucinski and David Shepardson CHICAGO/WASHINGTON (Reuters) -American Airlines and United Airlines said on Monday they were preparing to recall tens of thousands of furloughed employees as they awaited lawmakers’ approval of a fresh $15 billion inRead More →
© Reuters. FILE PHOTO: Representations of virtual currency Bitcoin are seen in this picture illustration By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Total investor inflows into cryptocurrency funds and products hit $5.6 billion so far this year, up more than 600% from 2019, according to the latest data fromRead More →
© Reuters. Shoppers wait in line outside a Bath and Body Works retail store, as the global outbreak of the coronavirus disease (COVID-19) continues, in Brooklyn, New York By Melissa Fares NEW YORK (Reuters) -Many U.S. holiday shoppers, wary of entering stores during the latest surge of COVID-19, wentRead More →
© Reuters. FILE PHOTO: U.S. dollar banknote is seen in this picture illustration By Tom Westbrook SINGAPORE (Reuters) – The dollar has sunk through major support levels and looked set for its worst week in a month on Friday, as its accelerating slide sucked in more short sellers keenRead More →
What does Bitcoin’s latest hike tell us about its investors? Bitcoin has been in the news for all the right reasons lately. With 2020 drawing to a close, the coin has managed to do a repeat of the 2017 bull run and in the process, it has managed toRead More →
Only 22% of bankers and financial investigators feel confident detecting crypto-related payments, according to blockchain analytics and cryptocurrency intelligence company – CipherTrace. During a webinar on “How Cryptocurrency Intelligence Tipped the Scales in 2020 Sanctions Evasion,” over 500 attendees from various financial institutions were asked if they felt confidentRead More →
Gold Price Forecast: XAU/USD’s 4H chart signals caution amid stimulus hopes, ahead of Fed Gold (XAU/USD) settled last week with modest losses below $1940, as the bears dominated amid fading hopes for a US coronavirus relief aid. Further, investors remained optimistic about the US Food and Drug Administration’s (FDA)Read More →
European stocks traded higher on Monday, alongside U.S. equity futures, with investors encouraged by COVID-19 vaccine progress and hopes for a stimulus deal out of Washington. No collapse in Brexit talks also lifted sentiment. The Stoxx Europe 600 index XX:SXXP rose 0.8% after the index logged a 1% lossRead More →
My husband and I are 65 years old. He’s retired with a monthly pension of $1,800, and when he dies, I will be collecting the same amount for life. My husband and I will start to collect Social Security benefits Jan. 1, 2022, when each of us will collectRead More →
Almost 2 weeks after Ethereum 2.0 beacon chain went live, over 1.4 million ETH have been staked on the deposit contract, with 31,000 active validators and 13,000 in the activation queue. While the ensuing period since hasn’t been too development-heavy, according to some like developer Ben Edgington, ‘no news’ isRead More →
© Reuters. A farmer holds a wad of Cuban money at a vegetable stall at a market in central Cuba By Marc Frank HAVANA (Reuters) – Cuba said late on Thursday it would start its long-awaited monetary reform in January, eliminating its dual currency and labyrinthine multiple exchange rateRead More →
Researchers from the University of Bern have released a report claiming Ripple’s consensus protocol “ensures neither safety nor liveness.” In a blog posted yesterday from the university’s Cryptology and Data Security Research Group, researchers Christian Cachin, Amores-Sesar, and Jovana Mićić released an analysis alleging the payment firm’s consensus protocolRead More →
© Reuters. FILE PHOTO: A Huawei logo is seen on a cell phone screen in their store at Vina del Mar By Karen Freifeld (Reuters) – U.S. prosecutors are discussing a deal with lawyers for Huawei finance chief Meng Wanzhou to resolve criminal charges against her, a person familiarRead More →
