The funding rate of Bitcoin (BTC) has dropped to levels not seen since September 2020 as the price of Bitcoin plummeted below $52,000 on April 18. Quant trader and analyst Lex Moskovski says it shows fear has returned to the market. According to the data from Glassnode, the average BitcoinRead More →
Earlier this week PlusToken, one of the largest scams in the cryptocurrency world, tried to move 789,500 Ether (ETH), but the movement of these stolen funds were temporarily held up by congestion issues within the Ethereum network. The $186 million transfer came from a known Ethereum address and was laterRead More →
As Chinese health officials and citizens struggle to contain the coronavirus, people in countries including South Korea, Malaysia, the U.K. and Canada are reporting the spread of anti-Chinese racism, attacking the country’s cultural mores and businesses with signs saying, “No Chinese.” The highly contagious, pneumonia-causing illness that infects the respiratoryRead More →
© Reuters. FILE PHOTO: Snow covered transfer lines are seen at the Dominion Cove Point Liquefied Natural Gas terminal in Maryland By Arathy S Nair HOUSTON (Reuters) – China has restarted talks with U.S. liquefied marketers to buy more LNG, several industry executives told Reuters, but they are worried thatRead More →
Christmas has come early for investors, with stocks again taking out record highs on Thursday as indexes continue to climb toward year-end. At last check, the Dow DJIA, +0.28% was up triple digits, while both the S&P SPX, +0.49% and Nasdaq COMP, +0.42% were even more firmly in the black.Read More →
By Julien Ponthus and Thyagaraju Adinarayan LONDON (Reuters) – The scale of Boris Johnson’s election victory on Thursday may be enough to draw back billions of pounds of investment that have sidestepped UK stocks for years over Brexit, mirroring the U.S. market surge seen after Donald Trump’s election three yearsRead More →
Nearly half (48.5%) of Americans in their 50s and early 60s fear that they’re likely to develop dementia as they age, but only 5.2% of them have actually talked with a doctor about steps they could take to reduce the risk, a study published this month concluded. What’s more, someRead More →
The U.S. stock market will fight strong headwinds in the months leading to Election Day in November 2020. But the fear that’s transfixing investors on both sides will turn to relief for supporters of the winning party once the outcome is known. At that point the headwind will quickly shiftRead More →
By Luc Cohen and Mariela Nava LA CAÑADA DE URDANETA, Venezuela (Reuters) – With the $2 he earns in wages each week working as a cargo driver for Venezuelan state oil company PDVSA, 56-year-old Freddy Brito cannot even afford to buy one kilogram (2.2 lb) of cheese. To feed himselfRead More →
© Reuters. FILE PHOTO: Employees of the Tokyo Stock Exchange work at the bourse in Tokyo By Stanley White TOKYO (Reuters) – Asian shares edged higher on Monday after data showed the U.S. unemployment rate dropped to the lowest in almost 50 years, easing concerns of a slowdown in theRead More →
The Cboe Volatility Index touched its lowest level in six months on Friday as U.S. stock indexes surged, finishing near record territory, and raising some concerns that investors may be getting complacent. The VIX VIX, -7.76% referring to index’s ticker symbol, hit an intrasession low at 11.95 on Friday, markingRead More →
