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Cryptocurrency bitcoin tumbled, down 30 percent from record peak

December 22nd, 2017 (0)
Cryptocurrency bitcoin tumbled below $14,000 briefly on the Bitstamp exchange BTC=BTSP on Friday, down roughly 30 percent from its record top near $20,000 set at the start of the week. It was last down 7 percent at $14,499 BTC=BTSP ...

Asian markets advance ahead of holiday weekend

December 22nd, 2017 (0)
Australia hits another 10-year high; Kospi ticks up as Nikkei lags. Asian markets advance ahead of holiday weekend. Asia-Pacific stocks were poised to end the week modestly higher in muted trading ahead of the holidays, while volatility returned to ...

Main moves in markets: Asian stocks mixed, Yen was little changed, Euro was up, Pound was flat

December 19th, 2017 (0)
Asian stock benchmarks were mixed amid growing optimism that U.S. legislators are on the brink of passing sweeping tax cuts. Benchmarks in Japan and South Korea were down while stocks in Sydney, Hong Kong and China advanced after U.S. ...

Asian Stocks Advanced; Here Are Some Of The Key Events Coming This Week

December 11th, 2017 (0)
Asian Stocks advanced, though volumes were subdued, after U.S. labor market figures lifted optimism on global growth, propelling Wall Street to fresh record highs. The dollar declined. The Nikkei 225 Stock Average reclaimed a 26-year high as Tokyo shares ...

The U.S. dollar bounced to a two-week top

December 4th, 2017 (0)
The U.S. dollar bounced to a two-week top on Monday and S&P futures jumped as traders marked the passage of a Senate tax bill over the weekend, a move that raises the risk of more aggressive rate hikes in ...

Enthusiasts Point Out The Bitcoin Could Rise Dramatically

November 29th, 2017 (0)
Bitcoin saw a massive, sudden spike just after it broke through a closely watched milestone Tuesday night. The cryptocurrency traded at an all-time high of $10,831.75 just after 12:30 a.m. ET, according to industry site CoinDesk. That represented a ...

Bitcoin Price Achieves New All-Time High at $7,598; Why is the Market So Optimistic?

November 6th, 2017 (0)
Once again, the bitcoin price has achieved a new all-time high at $7,598 on November 5, as the market continues to be optimistic about the mid-term performance of bitcoin. In Japan and South Korea, two regions in Asia that ...

Key financial events coming this week

November 6th, 2017 (0)
The yen tumbled to the weakest since March after Bank of Japan Governor Haruhiko Kuroda said it’s crucial for inflation to exceed the 2 percent target. Asian stocks slipped after China’s central bank chief warned again about excessive leverage ...

What is an Initial Coin Offering (ICO)?

November 2nd, 2017 (0)
Initial coin offerings have come out of nowhere in 2017 to become the talk of Silicon Valley and Wall Street. Programmers have raised over $3.2 billion this year by selling their own virtual currencies to investors. That is 3,000 ...

Bitcoin turns 9 and has evolved into a global currency already

November 1st, 2017 (0)
Satoshi Nakamoto, the anonymous creator of bitcoin, released the bitcoin whitepaper 9 years ago, on October 31. Since then, based on every indicator imaginable, bitcoin has evolved into a major global currency, store of value, and safe haven asset. ...
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