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This country draws Japanese Bitcoin miners seeking profit

January 16th, 2019 (0)
A combination of cheap electricity and cold weather has started to draw a growing number of Japanese bitcoin miners to Mongolia, a country sandwiched between China to the south and Russia to the north. Amid falling mining revenues in ...

HSBC settles $250 billion on blockchain

January 16th, 2019 (0)
According to a press release sent by HSBC Bank to the Financial Times and published in the newspaper on 15th of January, it settles $250 billion of Forex trades on the blockchain during 2018. HSBC, an international banking giant, uses ...

Pound rises after ‘meaningful’ Brexit vote

January 16th, 2019 (0)
The pound has risen after MPs voted to reject Theresa May’s Brexit deal by 230 votes. The vote opens up a range of outcomes, including no deal, a renegotiation of Mrs May’s deal, or a second referendum. Sterling rose ...

Business investment rate up to 23.3% in the euro area

January 14th, 2019 (0)
Eurostat, the statistical office of the European Union, has published a report in relation to the business investment rate in the euro area for the third quarter of 2018. In accordance the report: In the third quarter of 2018, ...

Crypto market begins to fall rapidly again; Bitcoin below $3,500

January 14th, 2019 (0)
Bitcoin fell below $3,500 as $5 billion was wiped out of the crypto market, and major digital assets like Ethereum recorded a six percent drop against the U.S. dollar. The 4.8 percent drop in the combined valuation of all ...

What to watch in European stocks on Monday 14th of January

January 14th, 2019 (0)
Ahead of the stock markets open in Europe, investors and traders are watching main events that includes the below: Last-Ditch May The meaningful vote on U.K. Prime Minister Theresa May’s Brexit deal is coming on Tuesday and the last-ditch attempts ...

The Tragedy Of The Euro

January 11th, 2019 (0)
  After two decades, the euro’s minders look set to drive the Eurozone into deep trouble. December was the last month of the ECB’s monthly purchases of government debt. A softening global economy will increase government deficits unexpectedly. The ...

Pound options show traders positioning for delay to Brexit date

January 11th, 2019 (0)
Pound options traders seem to be positioning for the possibility that the U.K. will delay its exit from the European Union. Investors are now more negative on the currency in nine months time rather than on three-month contracts that ...

Cryptocurrencies dropped on Thursday; Bitcoin gave up the $4,000 level

January 10th, 2019 (0)
Cryptocurrencies dropped on Thursday as Bitcoin gave up the $4,000 level it’s hovered around since the start of the year. The largest digital currency slumped as much as 6.2 percent in the European morning, erasing an earlier small gain ...

Once ‘the most hated metal’, silver is now in an uptrend

January 10th, 2019 (0)
The precious metal silver is seeing a strong start in 2019, with prices near their highest levels in almost six months. It is a great buying opportunity for investors now, metal analysts say. Continued financial market volatility and a ...
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