Search Results for: BITCOIN
A little-known digital currency surges 70% after teaming up with firms like Microsoft
December 7th, 2017
A digital currency has added more than $3 billion to its market value after the firm behind it said it was teaming up with a number of big tech firms, including Microsoft and Samsung on a “data marketplace.” Called ...
Western Union Blocks Cryptocurrency-Related Transactions
December 6th, 2017
International money transfer services provider Western Union (WU) has launched a campaign against wire transfer transactions involving digital currency exchanges. The company’s decision to disallow cryptocurrency-related services or transactions is covered by its internal regulations. In a post by ...
The U.S. dollar bounced to a two-week top
December 4th, 2017
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 ...
Monetary update for the dollar
December 1st, 2017
A dispassionate look at the quantities and flows of fiat dollars tells us much about the current state of the US economy, and therefore prospects for the dollar itself. This is a starting point for understanding the dynamics likely ...
Europe Markets: Bank Rally Helps Lift European Stocks To Highest Finish In 3 Weeks
November 30th, 2017
European stocks closed at a nearly three-week high on Wednesday, boosted by a rally in the region’s bank shares a day after U.S. Federal Reserve Chairman-nominee Jerome Powell said he hopes to ease financial regulations. The U.K. stock market, ...
Asian Stocks Were Mixed, Yen Little Changed, Korean Won And Pound Rose
November 29th, 2017
Asian stocks were mixed as Chinese shares swung between gains and losses and a North Korean missile test overshadowed a surge in U.S. equities. The dollar was steady as U.S. tax cuts inched closer to reality. Shares in Tokyo ...
Asia Stocks Fall, Aussie Dollar Fell, Yen Rose, Euro Was Flat; Key Events Coming Up This Week
November 27th, 2017
A rally that carried Asian stocks to record highs petered out and the dollar was little changed as investors turned their attention to U.S. tax reform ahead of a busy week with data on the health of the world’s ...
The Blockchain Revolution: Which Industries Will Cryptocurrency Affect?
November 22nd, 2017
Cryptocurrency is here to stay, establishing the ability through blockchain technology for secure identity, ownership, and records of transactions. It is no secret that there is big money involved—the collective worth fluctuates between $150 and $200 billion, and this ...
Cryptos may destabilise fiat
November 17th, 2017
The assumption in some quarters is that crypto-currencies will replace gold as money, or at least challenge it. This is an error borne out of a misunderstanding of catallactics, or the theory of exchange. It also ignores the fact ...
European Authority Highlights The Risks of Initial Coin Offerings
November 15th, 2017
The European Securities and Markets Authority (ESMA) has issued two Statements on Initial Coin Offerings (ICOs), one on risks of ICOs for investors and one on the rules applicable to firms involved in ICOs. ESMA has observed a rapid ...
