Morning Bid: Not quite “Together”
On top of surging inflation, rising interest rates and growing global recession risks, markets in Europe are waking up on Monday to the prospect of heightened uncertainty in France — the euro area’s second biggest economy.
Analysis: Investors say Asia a safe place as Fed hikes but premature to jump in
Asia’s emerging economies are better placed than most other regions to weather a bout of turbo-charged U.S. policy tightening, analysts say, but with a health warning that investors shouldn’t rush in.
Dollar hits two-decade high, rattled investors plump for safe haven
The dollar rose to fresh two-decade highs on Thursday as concerns that tighter monetary policies to tame surging inflation will hurt the global economy dampened risk sentiment and drove investors into the safe-haven currency.
Dollar index touches 100 for first time in nearly two years
The U.S. dollar index strengthened to 100 for the first time in nearly two years on Friday, supported by the prospect of a more aggressive pace of Federal Reserve interest rate hikes.
Nearly half of crypto owners first bought digital assets in 2021, survey shows
Almost half of all cryptocurrency owners in the United States, Latin America and Asia Pacific purchased the digital assets for the first time in 2021, according to a new survey from U.S. cryptocurrency exchange Gemini.
Cryptoverse: Buoyant bitcoin helps market cruise past $2 trillion
As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has pushed through the $2 trillion barrier and is proving surprisingly resilient amid global chaos.
Binance gets its first Gulf crypto licence in Bahrain
The world’s largest cryptocurrency exchange Binance has been given a crypto-asset service provider licence by Bahrain’s central bank, its first such licence in the Gulf Cooperation Council (GCC), the company and the bank said on Tuesday.
Crypto industry on defensive as Ukraine crisis spotlights Russia sanctions compliance
Cryptocurrency evangelists are on the defensive amid warnings from U.S. and European lawmakers that digital asset companies are not up to the task of complying with Western sanctions imposed on Russia following the country’s invasion of Ukraine.
Analysis: Crypto exchanges won’t bar Russians, raising fears of sanctions backdoor
LONDON, March 3 (Reuters) – Some of the world’s biggest cryptocurrency exchanges are staying put in Russia, breaking ranks with mainstream finance in a decision that experts say weakens Western attempts to isolate Moscow following the invasion of Ukraine. Western sanctions, which aim to squeeze Russia’s economy and sever it from the global financial system, […]
CRYPTOVERSE-Bitcoin could be laid low by miners’ malady
Bitcoin miners are feeling the heat – and the pain’s rippling downstream to pressure prices.
