Tokyo stocks rise in morning after Bitcoin, U.S. rates concerns ease
Published by Kyodo News Tokyo stocks rose Tuesday morning as investor sentiment improved with the Bitcoin rebounding from recent drops and U.S. long-dated bond yields declining overnight. The 225-issue Nikkei Stock Average added 169.66 points, or 0.60 percent, from Monday…
Wall Street climbs on tech gains as U.S. Treasury yields dip
Published by Reuters By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks climbed on Monday, with the Nasdaq jumping more than 1% as a retreat in U.S. Treasury yields helped lift expensive stocks in sectors such as technology as investors…
Cryptocurrencies bounce back after Sunday plunge
Published by Reuters By Tom Wilson, Tom Westbrook and Stephen Culp NEW YORK (Reuters) -Cryptocurrencies rebounded on Monday, reclaiming ground lost during a bout of weekend selling that was fuelled by further signs of a Chinese crackdown on the emerging…
Shares wary on U.S. inflation, battered bitcoin charts recovery
Published by Reuters By Tom Arnold and Wayne Cole LONDON/SYDNEY (Reuters) – Stocks struggled for momentum on Monday as investors awaited key U.S. inflation readings for guidance on monetary policy, while bitcoin rebounded from its hammering on news of China’s…
Crypto miners halt China business after Beijing cracks down, bitcoin dives
Published by Reuters SHANGHAI (Reuters) -Cryptocurrency mining operators, including a Huobi Mall and BTC.TOP, are suspending their China operations after Beijing stepped up its efforts to crack down on bitcoin mining and trading, sending the digital currency tumbling. A State…
Bitcoin falls 11.3% to $33,250, ether down 16.6%
Published by Reuters (Reuters) -Bitcoin dipped 11.33% to $33,250 at 16:00 GMT on Sunday, losing $4,248.98 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 48% from the year’s high of $64,895.22 on April 14. Ether,…
Iran rolling blackouts blamed on heat, drought, crypto-mining
Published by Al-Araby Iran has started rolling blackouts, local media reported on Sunday, which officials blamed on heat, drought impacting hydropower generation, and surging electricity demand blamed in part on crypto-currency mining. Power cuts in the peak summer months are…
Shares recover in volatile week for dollar, crypto
Published by The Bangkok Post Recap: Global shares rose yesterday amid optimism fed by strong US economic and earnings reports, while Covid restrictions receded in some countries. The upturn capped a volatile week in which worries about inflation and an…
Nets say they’re in conversations with potential cryptocurrency partners
Published by New York Daily News NEW YORK — As the cryptocurrency market spikes, plummets, rinses and repeats, the Nets are preparing to throw their hat — or wallet — in the ring. Nets CEO John Abbamondi says BSE Global,…
Should I invest in cryptocurrency? What about Bitcoin, Dogecoin, Ethereum?
Published by NJ.com Talk about volatile. Cryptocurrency is all the rage among some investors, whose portfolios gyrate wildly on a daily basis. The value of this investment type, which is a form of digital payment, frequently rises and falls violently…