Exchanges suffer as Chinese users chase DeFi revenue

2020-09-08

  Demand for DeFi appears to be growing in China, although the recent sell-off quickly wiped out the $2 billion total value locked up in the decentralized finance (DeFi) space. Daily searches for “DeFi” on WeChat, China’s popular social media platform, soared to an all-time high of nearly 900,000 onRead More →

Dollar strengthens as virus cases multiply

2020-07-12

  Reuters By Peter Nurse Investing.com – The Dollar pushed European trade higher in early trading Friday, helped by its safe-haven status, as coronavirus cases continue to rise in the U.S. and unemployment data indicates a slow recovery in the labor market. At 3:15 a.m. (715 GMT), the U.S. dollar,Read More →

Wall Street gains on Boeing, recovery hopes By Reuters

2020-06-03

© Reuters. The spread of the coronavirus disease (COVID-19) in New York By Shreyashi Sanyal and Devik Jain (Reuters) – A jump in Boeing shares lifted Wall Street on Wednesday, with investors remaining optimistic about an economic rebound from a coronavirus-led slump amid continuing social unrest in the country. BoeingRead More →

Eight Countries That Don’t Tax Your Bitcoin Gains

2020-05-25

As world governments push through legislation to levy taxes on capital gains from bitcoin (BTC) transactions, seeking to earn more from an asset class that frowns on regulatory oversight, there are still a few countries that remain pro-crypto, allowing investors to buy, sell or hold digital assets at zero taxes.Read More →