Search Results for: currency market
If bitcoin was a stock, it would be the seventy-fourth biggest by market capitalization
August 16th, 2017
If bitcoin was a stock, it would be the seventy-fourth biggest by market capitalization, on the S&P 500. Bitcoin hit a record high of $4,483.55 on Tuesday. Bitcoin’s market capitalization reached as high as $73.5 billion, within touching distance ...
Singapore warns of potential risks of virtual currency-related investment schemes
August 10th, 2017
The Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) have observed the emergence of initial coin (or token) offerings (ICOs), and other investment schemes involving digital tokens, in Singapore. Members of the public are advised to ...
Bitcoin’s New Currency Trades Above $200 on First Day
August 2nd, 2017
Bitcoin, the world’s most famous digital currency, split in two on Tuesday. So now there are two versions: The original one and a new type of online money called Bitcoin Cash, which is now being bought and sold at ...
7 Cryptocurrency Predictions From the Experts
July 28th, 2017
Fortune convened some top cryptocurrency entrepreneurs, venture capitalists, bankers, and others to chat about the future of digital money at Fortune’s Brainstorm Tech conference in Aspen, Colo. last week. A select group met at the Aspen Institute for a ...
How Bitcoin is infiltrating the $60bn global art market
July 26th, 2017
Why is the art world getting excited about digital currency Bitcoin and its underlying technology blockchain? Eleesa Dadiani owns and runs an art gallery in London’s famous Cork Street. She was born in Georgia in the Caucasus and was ...
Notable moves in markets and some key events coming up this week
July 24th, 2017
Stocks Mixed Before Earnings, Fed; Yen Pares Gains Stocks in Asia were mixed at the start of a week packed with earnings results and a Federal Reserve interest-rate decision. Oil remained below $46 a barrel before an OPEC meeting, ...
Hackers hijacked cryptocurrency trading platform and stole $7 Million
July 19th, 2017
Hackers hijacked cryptocurrency trading platform CoinDash on Monday just as it was in the middle of its initial coin offering, or ICO. It’s the first known breach of an ICO, this season’s hottest fundraising method. CoinDash, an Israeli startup, planned ...
The main moves in markets: Dollar remains at the weakest level; Global bonds climb
July 19th, 2017
Global bonds climb as U.S. equities eke out fresh record highs Dollar remains at the weakest level in nearly a year Asian stocks advanced and futures pointed to higher starts to U.K. and U.S. equity trading as Treasuries steadied ...
The U.S. dollar weakened on Trump Jr. Emails; Yen, Korean won lead currency gains
July 12th, 2017
The U.S. dollar weakened against its G-10 peers and European equity futures rose as attention turned to central bank policy after markets were rattled by reports of Donald Trump Jr.’s contact with a Russian lawyer. U.S. equity futures were ...
Early Global Markets Review for Thursday July 06
July 6th, 2017
Most Asian stock markets fell on Thursday after minutes from the Federal Reserve’s last meeting showed a lack of consensus on the future pace of U.S. interest rate increases, while oil prices inched higher following a steep decline a ...
