© Reuters. FILE PHOTO: U.S. dollar notes are seen in this picture illustration By Eimi Yamamitsu TOKYO (Reuters) – The dollar held tight ranges against its peers on Monday as investors awaited clarity on the health of U.S. President Donald Trump after he tested positive for the coronavirus, sendingRead More →
September was an eventful month for the crypto-market, to say the least, with the month seeing a major crypto-exchange hack among a host of other developments. However, despite the quarter ending as it did, Bitcoin did witness its second-best Q3 close in history. $150M drained from KuCoin: BTC downRead More →
© Reuters. FILE PHOTO: The New York Stock Exchange is pictured in the Manhattan borough of New York City By Stanley White TOKYO (Reuters) – Stock markets rose on Monday on hopes that President Donald Trump could be discharged from hospital later in the day, easing some of theRead More →
Reuters. Infographic. Intel’s logo at E3 The world’s largest video game industry conference is in Los Angeles. By Stephen Nellis CHANDLER, Ariz. (Reuters) – Intel Corp (Nasdaq:) said on Friday it had won a contract for the second phase of a project to help the U.S. military make moreRead More →
U.S. stock indexes rebounded from early losses on Friday but traded mostly lower as investors reacted to a weaker-than-expected September jobs report and news that U.S. President Donald Trump and first lady Melania Trump had tested positive for the coronavirus. The president and his wife will need to beRead More →
The much-anticipated digital Euro is in the news again as a member of the Executive Board of the European Central Bank, Fabio Panetta, announced in a blog today that Europe “must prepare to introduce a digital euro to complement its cash payments.” Acceptance of a digital euro by theRead More →
Reuters. Yasin Ebrahim Investing.com – The pound fell sharply against the dollar on Tuesday as Prime Minister Boris Johnson raised fears of a no-deal Brexit after warning that Britain would end negotiations if there was no progress towards a deal by mid-October. It fell 1.35% to $1.2988. Johnson saidRead More →
USD/ZAR analysis Beginnings USD The boost comes after Trump’s COVID announcement. Rand holds steady ahead Non-Farm Payrolls (NFP) Expected rise in U.S. election volatility could affect ZAR’s appeal. interview DailyFX Education Center Understand why news events are key to fundamental forex analysis. The South African rand has been inRead More →
A customer refuels a car at a Shell petrol station in Etlham, southeast London on September 30, 2020. ben stansall/Agence France-Presse/Getty Images Oil prices were hit by a double whammy on Friday, with news that President Donald Trump said he has contracted coronavirus adding to the industry’s concerns aboutRead More →
Venezuela’s National Securities Regulator has approved a 90-day pilot of a crypto-powered “decentralized stock exchange” in the country, which aims to operate globally in the face of international sanctions. Cointelegraph Espanol reports that news of the approval of Venezuela’s decentralized stock exchange was published in the country’s official gazette,Read More →
Following a $50 million capital raise and reverse merger, digital finance company Diginex’s stock has listed on the Nasdaq exchange under the ticker EQOS. Diginex is “the first Nasdaq-listed company that covers the full virtual currency ecosystem,” Diginex CEO Richard Byworth told Cointelegraph in an interview. “I think thisRead More →
A weaker dollar assisted gold in regaining positive traction on Thursday. Risk appetite sentiment and a spike in US bond yields could limit any strong gains. Investors are also likely to avoid placing bets ahead of Friday’s NFP. Gold continued its steady positive trend during the day and surgedRead More →
Reuters. By Jonathan Stempel NEW YORK (Reuters) – U.S. prosecutors filed criminal charges on Thursday accusing four founders and executives of BitMEX, one of the world’s largest cryptocurrency derivatives exchanges, of evading rules designed to stop money laundering. The Justice Department charged Arthur Hayes, Samuel Reed and Benjamin Delo,Read More →
Even though Tether [USDT] had been the popular choice among cryptocurrencies with a large fraction of supply share, other stablecoins have all been witnessing growing prominence. Among these was Dai, created via the Maker Dao stablecoin system and USDC. Although the use of Dai was mainly limited to theRead More →
Bitcoin Options are holding steady, despite Friday’s expiries that amounted to over $1B. As predicted a week ago, the expiry event was a smokescreen. In fact, the outcome was the opposite of the anticipated crash on the CME, with Open Interest and Volumes remaining consistent. According to data fromRead More →
NASDAQ, HANG SENG, NIFTY 50 INDEX OUTLOOK: Nasdaq 100 faces an immediate resistance at the 20-Day SMA (11,170) after a decent rebound “AB=CD” pattern suggests Hong Kong’s Hang Seng Index (HSI) may rise after a heavy-selling week India’s Nifty 50 index looks well supported by its 200-Day SMA atRead More →
Following news of a security breach resulting in the loss of more than $200 million worth of tokens on KuCoin, many projects quickly reacted to prevent users’ holdings from being moved off to other exchanges. Speaking to Cointelegraph, KuCoin Global CEO Johnny Lyu said at least $129 million ofRead More →
Yam, the decentralized finance (DeFi) sector’s original food-themed clone protocol, has successfully completed its first rebase since its V3 relaunch. Yam’s relaunch on September 18 followed the spectacular failure of Yam V2 last month — where a bug in the protocol’s unaudited code rendered governance impossible after only twoRead More →
With all the rest of the news, it is easy to forget that the President’s proposal to delay the payment of social security contributions came into force on 1 September. Specifically, for employees earning less than $104,000, employers could stop withholding 6.2 percent of the employee’s share of socialRead More →
The USD/CHF continued to gain traction for the fourth consecutive session on Wednesday. A strong bid tone around the US dollar is seen as a key factor driving the pair up. Optimistic market sentiment dampened the safe-haven Swiss franc, for which it remains supportive. The USD/CHF pair maintained itsRead More →
A candidate for the Wisconsin Legislature has challenged state regulators by accepting contributions from cryptocurrencies like Bitcoin (BTC). Phil Anderson, a real estate broker and entrepreneur, is now accepting cryptocurrency donations for his legislative campaign. According to Anderson’s official statement, cryptocurrency donations can be made through BitPay, a majorRead More →
As speculation swirls around who President Trump will appoint as his third Supreme Court justice, political analysts have focused on the two contenders. Indiana appellate judge Amy Corny Barrett and Florida federal appellate judge Barbara Ragoa. Trump said Monday that he may have five appointees in mind for theRead More →
Reuters. By Yasin Ebrahim. Investing.com – The dollar rode the euro’s slide to a more than one-month high on Monday and appeared to reclaim its safe-haven status amid the global growth turmoil amid rising odds of Europe reimposing lockdown measures to curb the spread of Covid-19. The , aRead More →
© Reuters. FILE PHOTO: A small toy figure is seen on representations of the virtual currency on a displayed European Union flag and the Facebook Libra logo in this illustration picture By Huw Jones LONDON (Reuters) – The European Union will introduce new rules within four years to makeRead More →
The legal representatives of tech company Nvidia have argued that its investors are not entitled to access its internal records regarding the “crypto craze” of 2017 and 2018. In a September 17 court hearing in Chancery, Delaware, lawyers for Nvidia argued that the plaintiffs have failed to show aRead More →
