markets
-
Global stocks tumble, and safe-haven gold and Swiss franc rally as fears grow over Russia’s invasion of Ukraine
- February 15, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
No CommentsTraders work during the opening bell at the New York Stock Exchange (NYSE).
JOHANNES EISELE/AFP via Getty Images
Global stocks dropped sharply Monday on fears of an imminent Russian invasion of Ukraine.
This macro-economic backdrop of higher risk and growing inflation could erode returns for both bonds and stocks.
Oil prices neared $96 a barrel, and traders are speculating crude could hit $100 any time.… -
Crypto exchange Coinbase is forced to throttle traffic after its viral QR-code Super Bowl ad briefly crashes its website
- February 15, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
Coinbase listed on the Nasdaq in 2021.
Richard Drew/Associated Press
Crypto exchange Coinbase said it was back up and running after its Super Bowl ad giveaway crashed its website.
The Super Bowl LVI ad featured a QR code bouncing around a screen, offering $15 in free bitcoin for new signups.
Coinbase’s website couldn’t handle the huge amounts of visitors the ad prompted, forcing it to throttle traffic.… -
US inflation is running far hotter than even the Fed expected. Here’s what some of biggest banks and asset managers say about it.
- February 13, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
Wall Street sign.
Noam Galai/Getty Images
US inflation surged by 7.5% in January compared to the previous year, the most since 1982. The jump beat Wall Street forecasts and investors are now preparing for a much faster rise in US rates. We list comments from some of the largest investment banks and asset managers on the rate outlook.
Inflation is running way ahead of where everyone, including the Federal Reserve, expected this year. …
-
Michael Saylor lays out why bitcoin beats property as a store of value and what crypto going mainstream would look like
- February 13, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
Michael Saylor, CEO of MicroStrategy.
Joe Raedle/Getty Images
MicroStrategy CEO Michael Saylor explained why bitcoin is the best store of value in a new podcast interview. If investors won’t hold bitcoin for 10 years, they shouldn’t hold it 10 minutes, the crypto bull said. Saylor described what the mainstream application of crypto would be — if only people understood it.
MicroStrategy CEO Michael Saylor talked about why bitcoin is the best store of value in a new interview, soon after vowing to stick with buying the digital asset even as it comes under pressure.…
-
Meet the crypto ‘Bonnie and Clyde’: A TikTok rapper who calls herself the ‘Crocodile of Wall Street’ and her husband ‘Dutch’. We look at their alleged links to the Bitfinex hack.
- February 12, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
Heather Morgan and her husband Ilya “Dutch” Lichtenstein in court in connection with a $4.5 billion bitcoin laundering charge.
AP Photo/Elizabeth Williams
A married couple in their 30s face charges of laundering bitcoin worth $4.5 billion from the 2016 Bitfinex hack.
Ilya Lichtenstein and Heather Morgan behaved like people in a spy novel, US prosecutors allege.
Authorities found $40,000 in cash, 50 electronic devices, and two hollowed-out books in their NY home.…