Navalny ally urges donors to use cryptocurrency due to crackdown
Published by Reuters MOSCOW (Reuters) – An ally of jailed Kremlin critic Alexei Navalny told supporters on Wednesday to move to using cryptocurrencies to help fund their cause as a crackdown threatens to make donations illegal. Russia has moved to…
Stocks loiter around peaks as traders wait for data
Published by Reuters By Andrew Galbraith and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Stocks chopped around record peaks on Tuesday, while the dollar was pinned near recent lows, as markets awaited U.S. jobs data and looked ahead to crucial central bank…
No More Bloodbath – Beyond Cryptos
Published by ValueWalk S&P 500 again rejected within sight of ATHs – again, but not totally convincingly. Especially the credit markets‘ mixed picture leans in effect slightly bullish, yet for the 500-strong index, the source of short-term worry would likely…
Asian stocks at month high ahead of U.S. jobs data, gold rises
Published by Reuters By Anshuman Daga SINGAPORE (Reuters) -Asian stock markets rose on Tuesday while gold flirted near five-month highs ahead of European and U.S. data this week that will likely offer clues on the health of the global economy….
Dubai warns new ‘Dubaicoin’ crypto ‘phishing scam’
Published by Al-Araby A new cryptocurrency called DubaiCoin has skyrocketed in value by more than 1,000 percent in 24 hours, prompting concerns about online phishing scams. A press release by a website called DubPay claimed: “DubaiCoin will soon be able…
World stocks set for 4th month of gains in data-heavy week
Published by Reuters By Saikat Chatterjee LONDON (Reuters) – World equities are set to post a fourth consecutive month of gains on Monday, while the dollar remains under pressure ahead of a slew of European and U.S. data that will…
Analysts wary of inflation
Published by The Bangkok Post Analysts wary of inflation Banking, gold, crypto tipped as hedges Analysts recommend investing in assets that can serve as hedges against inflation, including banking, insurance, real estate and recovery-related stocks, as well as gold and…
Consolidating Debt With PHH Mortgage Company
While it’s safe to agree that going into debt can negatively impact a person’s financial stability in the future, debt may be inevitable, especially with major life changes such as buying a home or car. It’s estimated that two out…
Bitcoin falls 5.2% to $33,849, Ether down 6.3%
Published by Reuters (Reuters) – Bitcoin dipped 5.16% to $33,849.47 at 18:00 GMT on Saturday, losing $1,842.99 from its previous close. Ether, the coin linked to the ethereum blockchain network, dropped 6.26% to $2,262.06 on Saturday, losing $151.11 from its…
Is DeFi Changing the Face of Global Finance?
With the high level of distrust in the traditional global banking system, there is a need for an immediate change. Community-powered global banking appears to be the best solution for the problem at hand. Here, people can be in charge…