Futu, UP Fintech shares fall on plan to remove apps in China
SHANGHAI, May 16 (Reuters) – New York-listed shares of Futu Holdings Ltd and UP Fintech Holding Ltd plunged in pre-market trading on Tuesday, after the online...
Tagged: ECON
Dollar pauses after strong gains on hawkish Fed plays; bitcoin reaches $30,000
TOKYO, April 11 (Reuters) – The U.S. dollar paused for breath on Tuesday after its best rally this month against major peers, as a robust U.S....
Analysis: What’s behind bitcoin’s latest surge?
LONDON, March 22 (Reuters) – At the turn of the year, bitcoin was in the grip of a bleak midwinter, down and out after a 2022...
Cryptoverse: New breed of bitcoin NFTs sell for millions
March 14 (Reuters) – Imagine digitally imprinting 3D images of objects such as multi-colored spheres onto a small fragment of bitcoin. Imagine selling them for $16.5...
Cryptoverse: Hooked on growth, bitcoin investors turn to smart tokens
March 7 (Reuters) – For investors living on the digital edge, bitcoin is starting to look a little old-fashioned. Hooked on high growth, some are turning...
Cryptoverse: Bitcoin Moves Towards Satoshi’s Payment Dream
Feb 28 (Reuters) – Satoshi Nakamoto would be proud. Youth bitcoin may finally repay its creator’s faith. The 15-year-old cryptocurrency has filled many roles – from...
IMF flags obstacles to debt restructuring, says banning crypto should be an option
BENGALURU, Feb 25 (Reuters) – Group of 20 (G20) nations have some disagreements over debt restructuring for distressed economies, the head of the International Monetary Fund...
IMF Says El Salvador’s Bitcoin Risk Has Not Materialized But ‘Should Be Addressed’
Feb 10 (Reuters) – Risks associated with El Salvador’s embrace of bitcoin “have not materialized”, but cryptocurrency use still requires transparency and attention, the International Monetary...
Fed’s Waller Says Crypto Is Risky, Harker Sees Still Demand
Feb 10 (Reuters) – Federal Reserve Governor Christopher Waller had a pair of warnings to those involved in cryptocurrency assets on Friday, telling buyers they could...
ECB says Bitcoin is artificially backed, should not be legitimized
FRANKFURT, Nov 30 (Reuters) – Bitcoin is being artificially propped up and should not be legitimized by regulators or financial firms as it is heading towards...