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Bitcoin extends falls

November 26th, 2018 (0)
Bitcoin extended its falls on Monday to $3,843, down more than five percent from the day’s highs on renewed selling in cryptocurrencies. Other cryptocurrencies also fell sharply, with Ethereum’s ether down 1.6 percent and Ripple’s XRP down a similar ...

Why interest rates are rising long-term

November 23rd, 2018 (0)
  There are growing expectations that the current cycle of rising interest rates will result in a deflationary recession. While a credit crisis is increasingly likely to evolve in the coming months, it is a highly inflationary situation. A ...

Oil bounced by around $1 a barrel; Investors remained on edge

November 21st, 2018 (0)
Oil bounced by around $1 a barrel on Wednesday to claw back some of the previous day’s 6 percent plunge, lifted by a report of an unexpected decline in U.S. commercial crude inventories and record Indian crude imports. But ...

Company and individual charged for $170 Million Ponzi Scheme

November 19th, 2018 (0)
The Commodity Futures Trading Commission (CFTC) and the Utah Department of Commerce, Division of Securities, through its Attorney General, jointly filed a civil enforcement action in the U.S. District Court for the District of Utah, Central Division, against Defendants ...

The psychology of systemic consensus

November 16th, 2018 (0)
  We are all too familiar with established views rejecting change. It has nothing to do with the facts. Officialdom’s mind is often firmly closed to all reason on the big issues. To appreciate why we must understand the ...

Sterling rallies after cabinet backs May’s draft deal

November 15th, 2018 (0)
The pound has rallied after the Prime Minister announced she had the backing of the cabinet for her Brexit withdrawal plan. It followed a volatile day’s trading while the outcome of Theresa May’s five-hour meeting with cabinet colleagues remained ...

Diners Club International & ISXPay enter into Acquiring License

November 14th, 2018 (0)
Highlights ISXPay will offer card acquiring services to merchants for Diners and Discover branded cards eCommerce/online merchant acquiring agreement Territory Australia, EU with global opportunity, excluding North America. Australian Securities Exchange and Frankfurt Stock Exchange cross listed iSignthis Ltd ...

Pound and Yen fell, Asian stocks pointed to a firm start; These are the main moves

November 12th, 2018 (0)
Asian stocks and futures pointed to a firm start for equity markets in London and New York as investors assessed whether the recent rallies can endure. The pound slid as U.K. Prime Minister Theresa May fought to keep her ...

Prices When Gold Is Money

November 9th, 2018 (0)
  We are getting ahead of ourselves here. Gold does not circulate as money – yet. It might never do so. Perhaps the end of government currency, fiat money imposed on us by government laws, may never be replaced ...

Mining bitcoin uses more energy than what’s needed to excavate gold, platinum or copper: study

November 8th, 2018 (0)
Extracting a dollar’s worth of cryptocurrency such as bitcoin from the deep Web consumes three times more energy than digging up a dollar’s worth of gold, according to researchers. There are now hundreds of virtual currencies and an unknown ...
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