Take Five: A UK Budget and Trouble in Cryptoland
LONDON, Nov 11 (Reuters) – The long-awaited UK fiscal plan is (almost) here and after the ruckus triggered by September’s mini-budget, markets are watching closely. Chaos...
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Crypto derivatives trading increases as investors hedge positions after FTX shock
Nov 10 (Reuters) – Trading volumes in bitcoin futures and exchange-traded funds (ETFs) have exploded as investors sought to hedge their positions following this week’s decline...
Consumer Inflation, Crypto Deflation | Reuters
A look at the day ahead in US and global markets from Mike Dolan. Wall St was jittery after this week’s inconclusive US midterm elections, but...
Rise and fall of crypto exchange FTX
Nov 10 (Reuters) – Cryptocurrency exchange FTX teetered on the brink of failure on Thursday after a bailout by bigger rival Binance collapsed. CEO Sam Bankman-Fried...
Asian stocks fall ahead of US CPI, crypto worries rise
SYDNEY, Nov 10 (Reuters) – Asian stock markets were tense on Thursday and the dollar held on to overnight gains ahead of the big test of...
Morning message: Congress unwashed, crypto a mess
A look at the day ahead in US and global markets from Mike Dolan. Current market predictions of a Republican clean sweep of the US Congress...
Morning news: Midterms wake and new cryptowobble
A look at the day ahead in US and global markets from Mike Dolan. Tuesday’s mid-term elections in the United States kept world markets in suspense,...
EU crypto rules set to limit dollar-pegged stablecoins
LONDON, Oct 7 (Reuters) – EU rules to regulate cryptoassets will dampen the market share of non-euro stablecoins from 2024, potentially limiting EU competitiveness, industry representatives...
Cryptoverse: Bitcoin wants to break the bond with stocks
Nov 1 (Reuters) – After months of tears and tantrums, bitcoin wants to split with the stock markets. The cryptocurrency, which has been closely correlated with...
Cryptoverse: British Pound Fiasco Boosts Bitcoin’s Hedging Appeal
Oct 25 (Reuters) – As a developed nation, you know your currency is in trouble when investors start hedging on bitcoin. After Britain’s short-lived Prime Minister...