Search Results for: Fidelity
Crypto market gains $15 billion in 4 days
February 21st, 2019
Since February 17, within 4 days, the valuation of the crypto market has increased from $120 billion to $135 billion, by $15 billion. Crypto assets that have outperformed both Bitcoin and the U.S. dollar throughout February in the likes ...
Bitcoin jumps 11%
December 18th, 2018
Bitcoin staged a minor recovery on Monday, finally topping the $3,400 level after weeks of pain. The cryptocurrency has nosedived by more than 80 percent from the all-time high hit exactly a year ago. On December 17, 2017 bitcoin ...
Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade
November 1st, 2018
Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. Bitcoin went from an anti-establishment fad on the internet to a ...
Bitcoin price down despite sudden huge price surge
October 18th, 2018
Bitcoin’s (BTC) price is down 0.65 percent today as the leading cryptocurrency’s market capitalisation oscillated from highs of $114.4billion (£87million) to lows of $112.8billion (£99million) over the past 24 hours of trading. It has been a relatively soft few ...
The Japanese yen rose, the euro was down; Asian stocks sell off
February 28th, 2018
Asian stocks followed their U.S. counterparts lower after hawkish comments from Federal Reserve Chair Jerome Powell and weaker-than-expected economic data from China and Japan. The yen strengthened after the Bank of Japan reduced longer-dated bond purchases. The MSCI Asia ...
Financial Market Supervisory Authorities Around The World Issued Warnings
November 27th, 2017
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Holland (Netherlands Authority for the Financial Markets – AFM), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), Hong Kong (Securities and Futures Commission – SFC), Malaysia (Securities ...
IMF Head: Cryptocurrency Could Be the Future
October 3rd, 2017
Christine Lagarde sees a path ahead for cryptocurrency. The managing director of the International Monetary Fund, or IMF, talked up the potential of virtual currencies to supplant traditional monies in coming decades on Friday. Cryptocurrencies, or virtual currencies, are ...
Supervisory authorities around the world warn for unauthorised financial services entities
September 18th, 2017
The supervisory authorities of Australia (Australian Securities and Investment Commission- ASIC), United Kingdom (Financial Conduct Authority – FCA), Hong Kong (Securities and Futures Commission – SFC), Belgium (Financial Services and Markets Authority – FSMA), Denmark (Danish Financial Supervisory Authority ...
Uber founder Travis Kalanick resigns as C.E.O.
June 21st, 2017
Travis Kalanick stepped down Tuesday as chief executive of Uber, the ride-hailing service that he helped found in 2009 and that he built into a transportation colossus, after a shareholder revolt made it untenable for him to stay on ...
Kennedys and Carroll, McNulty & Kull LLC complete merger creating global insurance firm
June 1st, 2017
We are pleased to announce that we have today completed our merger with leading US insurance firm Carroll McNulty & Kull (CMK), creating a global insurance practice that will offer clients unrivalled coverage and expertise in all their key ...
