Search Results for: RBI
Bitcoin and other cryptocurrencies have crashed 20 per cent on Monday
January 9th, 2018
Bitcoin and other cryptocurrencies including ethereum, litecoin and ripple plummeted in value on Monday after Coinmarketcap removed prices from South Korean exchanges without warning. Prices on South Korean exchanges are typically up to 30 per cent higher than in other ...
Facebook has a giant, Europe-sized legal problem
December 28th, 2017
Europe continues to be a giant pain in Facebook’s app. Germany and France this week both hammered Facebook for its data practices, though in different ways. Germany’s competition regulator declared on Monday that Facebook is using its dominance in ...
Pound Euro (GBP EUR) 2018 Outlook
December 28th, 2017
With 2017 soon to be over investors are now looking to 2018, with the Brexit transitionary deal, trade talks, and potential rate hikes on the cards. But what can we expect for GBP EUR? The 2018 Brexit Calendar and ...
Bitcoin Price Achieves New All-Time High at $7,598; Why is the Market So Optimistic?
November 6th, 2017
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
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 ...
There are now more than 120 hedge funds focused solely on bitcoin, digital currencies
October 31st, 2017
Data shared exclusively with CNBC from financial research firm Autonomous Next shows the number of funds investing in digital assets like bitcoin has grown rapidly to 124. Autonomous Next also estimates that the “crypto-funds” have about $2.3 billion in ...
Oil for gold – the real story
October 27th, 2017
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing ...
Apple’s Co-Founder Says Bitcoin Is Better Than Gold
October 26th, 2017
Apple co-founder Steve Wozniak is betting on Bitcoin, saying that the cryptocurrency could become a better standard of financial value than gold or the U.S. dollar. Wozniak argued that Bitcoin is more stable and less prone to arbitrary supply ...
Israel bans binary options industry; Operatives have three months to shut down
October 24th, 2017
The Knesset on Monday unanimously passed a law to ban Israel’s binary options industry, a vast, multibillion dollar scam that has defrauded millions of victims worldwide for a decade. The law, which will go into effect three months from ...
The productivity myth
October 20th, 2017
Every now and then, there’s a rash of commentary on national productivity. And for the British, productivity is all part of the Brexit angst, with the OECD, the Treasury, the Bank of England and Remainers all saying the ...
