bitcoin

U.S. Fed reverse repo volume hits record $813.57 bln

The Nasdaq hovered near its all-time high on Wednesday, helped by a boost from Tesla shares, with investors cheering data…

4 years ago

China’s Ant highlights distinction between NFTs and cryptocurrencies

China's Ant Group sought to draw a distinction on Wednesday between non-fungible tokens (NFTs) available on its platforms and cryptocurrencies…

4 years ago

Crypto is ‘rat poison’, a third of mainstream investment firms tell JPM

Only 10% of institutional investment firms surveyed by JPMorgan trade cryptocurrencies, with nearly half labelling the emerging asset class as…

4 years ago

Dollar in retreat as Powell says Fed won’t raise rates on ‘fear’ of inflation

The U.S. dollar remained on the back foot against major peers on Wednesday after a two-day drop as U.S. Federal…

4 years ago

Tech leads way to Wall Street rebound as Powell promises steady hand

Wall Street rebounded Tuesday as Federal Reserve Chairman Jerome Powell vowed not to raise rates too quickly as the dollar…

4 years ago

Stocks recover from 4-week lows as focus switches back to post-pandemic growth

Global shares extended their recovery on Tuesday from four week lows, as investors focused on prospects for post-pandemic economic growth,…

4 years ago

Dollar pauses ahead of Fed testimony, cryptocurrencies attempt recovery

The dollar paused for breath on Tuesday as traders looked to testimony from Federal Reserve Chair Jerome Powell for further…

4 years ago

Wall Street ends sharply higher, led by Dow surge

Wall Street rallied on Monday, with the Dow completing its strongest session in over three months as investors piled back…

4 years ago

Bitcoin steadies in Asia trading after Monday’s plunge

Bitcoin stabilised in Asian trading on Tuesday morning a day after a statement from China’s central bank reaffirming the ongoing…

4 years ago

Bitcoin slumps further as China tightens crypto crackdown

Bitcoin tumbled on Monday to a two-week low on China’s expanding crackdown on bitcoin mining, as investors grew more uncertain…

4 years ago